News

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Sun, 24 Jan 2021 04:49:10 GMT

German KBA looks into faulty Tesla touchscreen

Germany's KBA, the motor vehicle authority, is looking into Tesla's touchscreen displays failures, demanding the US carmaker to provide more information after a similar request made by the US authorities.

Sun, 24 Jan 2021 03:45:26 GMT

Biden Administration to release new climate policies

The Administration of the US President Joe Biden is set to unveil more policies next week needed to fight climate change and called on China to severe one of its greenhouse gas emissions targets.

Sun, 24 Jan 2021 03:06:43 GMT

US calls on China to halt pressuring Taiwan

On Saturday, the US State Department urged China to halt its pressure against Taiwan, following the island's defence ministry statement on Chinese jets and bombers entering the southwestern corner of Taiwan's air defence identification zone.

Sat, 23 Jan 2021 21:27:16 GMT

Brazil's Vale narrows compensation value to $2B

According to sources familiar with the matter, Brazil's Vale SA had managed to narrow the value of compensation for the Brumadinho disaster to $2B before talks fell apart.

Sat, 23 Jan 2021 20:28:54 GMT

RLX value reaches $35B

The share value of vaping company from China, RLX Technology Inc, on Friday surged 86%, resulting in capitalizaiton reaching $35B.

Sat, 23 Jan 2021 19:12:31 GMT

Biden to change Trump's immigration policies

On Friday, the US President Joe Biden promised his Mexican colleague Andres Obrador promised to change Trump's "draconian" approach towards immigration.

Sat, 23 Jan 2021 17:56:58 GMT

Portugal to vote for new president

The Portuguese citizens will go to the poll on Sunday to elect their new president, as the ISC/ISCTE research institute poll showed that almost two-thirds of voters think the election should be postponed.

Sat, 23 Jan 2021 16:59:51 GMT

Mexico and US presidents discuss migration

On Friday, Andres Manuel Lopez Obrador, the Mexican President, said that he discussed the coronavirus pandemic, bilateral cooperation and migration with the US President Joe Biden.

Sat, 23 Jan 2021 16:00:11 GMT

UK to discuss tougher travel measures

As reported by the BBC on Saturday, UK's ministers would discuss on January 25 further tightening of COVID-19 travel restrictions.

Sat, 23 Jan 2021 14:58:53 GMT

TSE approves Toshiba's return to top category

On January 22, the Tokyo Stock Exchange approved the return of Toshiba Corp to the TSE's top category amid calls from Singapore-based ECM and the US hedge fund FCM for better governance.

Sat, 23 Jan 2021 13:59:47 GMT

AstraZeneca to cut deliveries of vaccine to EU

According to a source with knowledge of the matter, AstraZeneca has told the EU officials that it would cut supplies of its coronavirus vaccine to the 27 EU countries by 60% to 31M doses in the Q1.

Sat, 23 Jan 2021 13:12:59 GMT

Yellen one step away from US Treasury chair

On Friday, the Finance Committee of the US Senate supported Janet Yellen's nomination for the seat of the US Treasury secretary.

Sat, 23 Jan 2021 11:51:16 GMT

Biden to meet with Trudeau in February

The Canadian Prime Minister Justin Trudeau's office confirmed on Friday an official meeting with Joe Biden in February in which both leaders would discuss joint efforts against coronavirus.

Sat, 23 Jan 2021 11:28:59 GMT

Toshiba returns to top tier

On Friday, the Tokyo Stock Exchange approved return of Toshiba Corp's to its first section after goverance improvement.

Sat, 23 Jan 2021 09:52:18 GMT

Biden, Obrador hold first official phone call

On Friday, the US President Joe Biden had a first official phone call with his Mexican colleague Andres Obrador during which they discussed the pandemic, migration and bilateral cooperation.

Sat, 23 Jan 2021 09:27:12 GMT

Biden orders relief checks

On his first official day as the US President, Joe Biden ordered a fast issue of stimulus checks.

Sat, 23 Jan 2021 08:26:52 GMT

Intel and IBM impact indices

On Friday, US stock indices slightly declined, as Intel and IBM reported quarterly earnings results.

Sat, 23 Jan 2021 07:27:38 GMT

Yellen is approved by Senate

The Finance Committee of the US Senate on Friday approved Janet Yellen as the new US Treasury Secretary.

Sat, 23 Jan 2021 06:23:27 GMT

US Senate confirms Defence Secretary

On Friday, the US Senate confirmed Lloyd Austin as the new Defence Secretary of the United States.

Sat, 23 Jan 2021 05:01:00 GMT

Morgan Stanley head's annual pay soars by 22%

The annual pay of Morgan Stanley's CEO James Gorman surged by $6.0M, or 22%, in 2020, a regulatory filing showed on Friday.

Sat, 23 Jan 2021 04:13:45 GMT

EU invites tech giants' CEOs at Brussels hearing

EU lawmakers called on the CEOs of Alphabet, Apple, Facebook and Amazon to participate in a February 1 hearing that would be held in Brussels, seeking to crack down over the US tech giants' powers.

Sat, 23 Jan 2021 00:23:06 GMT

TPG seeks to buy AT&T's DirecTV stake

TPG, the private equity firm, entered into exclusive negotiations to purchase a minority stake of DirecTV, AT&T's satellite TV arm, in a potential deal that would let the American wireless carrier cut its $150M net debt.

Fri, 22 Jan 2021 21:25:44 GMT

Intel to avoid outsourcing, investigates hack

The incoming CEO of Intel Corp stated that most of its 2023 products are set to be produced in Intel factories, adding that the company was investigating non-authorized access to some results.

Fri, 22 Jan 2021 19:58:38 GMT

US ban on China firms to affect $60B in bonds

The US curbs over investors owning securities from Chinese firms could affect $60B worth of bonds and spark hefty outflows via forced selling.

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