News

Note: This section contains information in English only.
Tue, 04 May 2021 12:00:08 GMT

Hyundai to launch Genesis in EU

On Tuesday, Hyundai Motor announced it would debut its luxury Genesis brand in Europe, introducing its flagship SUV and sedan to one of the rapidly growing EV markets in the world this summer.

Tue, 04 May 2021 10:49:15 GMT

DuPont lifts 2021 outlook

Dupont, the industrial material maker, raised its 2021 revenue and profit forecasts on Tuesday, topping its Q1 expectations, driven by robust demand from chip firms and automobile markets' recovery.

Tue, 04 May 2021 09:41:02 GMT

Stocks trade near high levels

During Tuesday's European trading hours, stock indices remained near all-time high levels.

Tue, 04 May 2021 09:38:02 GMT

Israeli deadline expires

On Tuesday, the deadline to form a new Israeli government was set to expire

Tue, 04 May 2021 08:28:05 GMT

Ford and BMW invest in EV

It was revealed by Reuters on Monday that BMW and Ford had invested $130 million in the development of solid-state batteries.

Tue, 04 May 2021 07:29:00 GMT

Robinhood replies to Buffet

On Monday, Robinhood issued a statement in reply to Warren Buffett's comments on inexperienced trader gambling.

Tue, 04 May 2021 06:00:09 GMT

Verizon gets rid of media

On Monday, Verizon announced that it would sell off its media branch for $5B. The deal includes a sale of AOL and Yahoo.

Tue, 04 May 2021 04:00:07 GMT

Novavax ships to Europe

On Monday, Novavax revealed that it would ship its Covid-19 vaccines to Europe in late 2021.

Tue, 04 May 2021 03:00:06 GMT

US manufacturing slows down

US statistics revealed that in April US manufacturing had slowed down due to challenges in supply.

Tue, 04 May 2021 02:00:06 GMT

Ebay comments on cryptocurrencies

On Monday, Ebay revealed that the company could accept cryptocurrencies for payment in the near-term future.

Mon, 03 May 2021 20:05:06 GMT

Apple faces Epic Games

It was revealed on Monday that Apple would face the creators of Fortnite, Epic Games, in an antitrust trial.

Mon, 03 May 2021 20:00:08 GMT

Apollo to buy Verizon's media business

According to sources familiar with the matter, Apollo Global Management is close to become the owner of Verizon's $5B worth media business.

Mon, 03 May 2021 19:00:07 GMT

TSMC expects to meet demand by end-June

Taiwan Semiconductor Manufacturing (TSMC) stated on Monday that it expected that situation with chips shortage on the market would be improved by end-June.

Mon, 03 May 2021 18:00:06 GMT

Bombardier reports revenue growth

Bombardier Inc reported on Monday 18% revenue growth of its business jet sales in Q1.

Mon, 03 May 2021 17:00:07 GMT

Verizon decides to sell media business

Verizon Communications Inc announced on Monday that it would sell its media business that included Apollo and Yahoo for $5B.

Mon, 03 May 2021 16:00:07 GMT

Fidelity lowers Ant's valuation

According to the Wall Street Journal, Fidelity Investments has lowered Ant Group's valuation by nearly 50% to $144B.

Mon, 03 May 2021 15:00:09 GMT

Tesla faces new scrutiny in China

According to industry sources, electric car producer Tesla Inc is facing new scrutiny in China, as the US automaker increased its engagement with the Chinese regulators.

Mon, 03 May 2021 14:00:08 GMT

Apollo close to buying Verizon's media assets

According to a source with knowledge of the matter, US private equity group Apollo Global Management is close to acquiring Verizon's media assets.

Mon, 03 May 2021 13:00:07 GMT

TSMC expects to catch up with chips demand

On Monday, Taiwan Semiconductor Manufacturing Co said that it expects to catch up with auto chips demand by the end of next month.

Mon, 03 May 2021 12:00:11 GMT

Ethereum tops $3k

On Monday, Ethereum, the second-largest cryptocurrency by market cap, broke past the $3,000 level to register a new all-time high.

Mon, 03 May 2021 11:00:12 GMT

Asian share markets decline

On Monday, Asian equity markets edged lower, as holidays in Japan and China curled volumes.

Mon, 03 May 2021 10:00:06 GMT

Intel to invest $600M in R&D in Israel

Intel plans to invest $600M in its research and development operations in Israel and also plans to spend $10B on a new semiconductor plant in the country.

Mon, 03 May 2021 09:00:09 GMT

Canada economy expands

The economy of Canada expanded 0.4% in February, the tenth consecutive monthly increase, data published by the Statistics Canada show.

Mon, 03 May 2021 08:00:07 GMT

US consumer sentiment improves

US consumer sentiment improved to 88.3 in April from 84.9 in March, a survey conducted by the University of Michigan shows.

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