News

Note: This section contains information in English only.
Tue, 17 Nov 2020 19:59:54 GMT

Banco Santander buys Wirecard's assets

Wirecard's insolvency administrator Michael Jaffe stated that the company's tech assets and platform were to Spain's Banco Santander.

Tue, 17 Nov 2020 18:46:30 GMT

Amazon, NXP to adopt cloud services for cars

Dutch chipmaker NXP Semiconductors entered a strategic partnership with cloud computing unit of Amazon.com to allow cars to communicate with data centres.

Tue, 17 Nov 2020 17:42:29 GMT

Autodesk buys Spacemaker for $240M

Autodesk Inc stated that it bought Spacemaker, a Norwegian company whose applications are used by architects, for $240M.

Tue, 17 Nov 2020 17:15:48 GMT

Scania to invest in battery plant

Swedish truckmaker Scania announced plans to invest more than 1B Swedish crowns or $116M over the next years in its battery assembly plant.

Tue, 17 Nov 2020 16:07:30 GMT

Daimler to build engines with Geely

Germany's carmaker Daimler is set to cooperate with China's Geely to develop a next-generation combustion engine to be used in hybrids.

Tue, 17 Nov 2020 14:44:14 GMT

US October retail sales miss forecasts

US retail sales rose less than anticipated last month, showing a tendency to slow further, tumbled by spiralling new coronavirus infections, as well as declining household income.

Tue, 17 Nov 2020 14:16:20 GMT

Apple, ChargePoint tie up on EV charging info

On Tuesday, ChargePoint, the electric car charging network, has partnered with Apple over integrating a broad spectrum of electric vehicle charging information integration into Apple-made CarPlay infotainment system.

Tue, 17 Nov 2020 13:18:50 GMT

GameStop investor calls for strategic review

Ryan Cohen, one of GameStop's biggest shareholders, called for a strategic business review of the videogame retailer, Reuters reported.

Tue, 17 Nov 2020 11:51:35 GMT

Amazon rolls out online pharmacy

On Tuesday, Amazon.com has launched online pharmacy to deliver prescription medications to the US customers, boosting competition with other drug retailers, including Walmart, CVS and Walgreens.

Tue, 17 Nov 2020 10:42:49 GMT

European stocks continue to surge

On Tuesday, European stock indices surged, as they were on the course of booking biggest monthly gains in almost three decades.

Tue, 17 Nov 2020 09:41:16 GMT

Pfizer to launch vaccine pilot delivery programme

Pfizer has started its experimental COVID-19 vaccine's pilot delivery programme in four US states, seeking to address distribution challenges related to ultra-cold storage requirements.

Tue, 17 Nov 2020 09:30:18 GMT

Tesla set to join S&P 500 next month

Tesla will join the S&P 500 as early as December, in the CEO Elon Musk's major win that sent the electric vehicle maker's shares up 14% on anticipation of a $51B index fund trade.

Tue, 17 Nov 2020 05:50:37 GMT

Senators abandons Trump's pick

On Monday, a third Senator of the United States announced that he opposes Judy Shelton's candidature for the post of the chairwoman of the US Federal Reserve.

Tue, 17 Nov 2020 05:30:44 GMT

Volkswagen announces new feature

Volkswagen announces on Monday that the company would roll out a new payments system for charging electric vehicles.

Tue, 17 Nov 2020 03:53:19 GMT

Oil prices surge

On Monday, crude oil price benchmarks surged by mora than two percent, as another effective coronavirus vaccine was announced.

Mon, 16 Nov 2020 21:45:40 GMT

Dollar ignores vaccine news

During Monday's trading hours, the US Dollar's value remained firm despite news of a more effective coronavirus vaccine.

Mon, 16 Nov 2020 20:57:32 GMT

Nissan considers selling stake in Mitsubishi

Nissan Motor considered selling a 34% stake in Mitsubishi Motor, Bloomberg reported, a move which would reshape an alliance that includes France's Renault.

Mon, 16 Nov 2020 19:44:09 GMT

Germany to expand EV subsidies to 2025

Germany is set to extend its environmental subsidy for electric vehicles until 2025, government and auto industry sources said.

Mon, 16 Nov 2020 19:34:41 GMT

Home Depot to regain control over HD Supply

Home Depot stated that it is set to acquire HD Supply in an $8B valued deal, regaining control over the company after restructuring years ago.

Mon, 16 Nov 2020 17:58:17 GMT

Nigeria CPI rises 14.23%

The Nigerian consumer price index increased by 14.23% in October, compared to the same period the prior year, the National Bureau of Statistics reports.

Mon, 16 Nov 2020 17:16:10 GMT

Thai economy contracts 6.4% in Q3

The economy of Thailand contracted 6.4% in the third quarter of 2020, compared to the same period the prior year, data published by the National Economic and Social Development Council show.

Mon, 16 Nov 2020 16:30:22 GMT

Israeli GDP expands 37.9% in Q3

The economy of Israel expanded 37.9% in the third quarter of the current year, compared to the previous quarter, the Central Bureau of Statistics reports.

Mon, 16 Nov 2020 14:52:46 GMT

China's Didi, BYD launch customised vehicle model

On Monday, China's Didi Chuxing together with the EV maker BYD launched their customised D1 van model deemed for ride-hailing services, Didi's CEO Will Cheng announced.

Mon, 16 Nov 2020 13:45:33 GMT

Jay Clayton to leave US SEC

Jay Clayton, the Chairman for the US Securities and Exchange Commission, will resign from his position by the 2020-year-end, according to the New York Times report published on Monday.

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