News

Note: This section contains information in English only.
Fri, 14 May 2021 06:00:29 GMT

Disney posts mixed results

Walt Disney said its streaming growth missed Wall Street expectations following robust consumer demand during the start of the pandemic, but reported its quarterly profit above estimates.

Fri, 14 May 2021 05:00:08 GMT

Google to provide cloud services to SpaceX

Google announced it had won a deal for providing its cloud services to SpaceX, which launched the Starlink satellites to ensure high-speed internet.

Fri, 14 May 2021 04:00:07 GMT

Amazon to employ 75K workers

Amazon.com is planning to hire 75K new workers, offering $100 extra for the COVID-19 vaccination proof, as the world's biggest e-commerce retailer seeks more employees for logistics operations.

Fri, 14 May 2021 03:00:10 GMT

Hyundai plans $7.4B US investment

Hyundai Motor Group is planning a further US investment worth $7.4B by 2025 to manufacture electric vehicles, upgrade output facilities as well as invest more in smart mobility solutions.

Thu, 13 May 2021 22:32:53 GMT

Airbnb tops Wall Street's forecasts

Airbnb topped Wall Street's estimates for its Q1 gross revenue, with bookings surging 52%, as easing restrictions and COVID-19 vaccinations spurred vacation rental demand.

Thu, 13 May 2021 20:00:06 GMT

Binance under investigation by IRS, US DOJ

Bloomberg reported on Thursday that Binance is under probes by the US Justice Department and the IRS. The news sent Binance Coin sharply lower, nearly 12% for the trading session.

Thu, 13 May 2021 19:16:46 GMT

Google to supply cloud service to SpaceX

Google won a deal to supply cloud services to Elon Musk's SpaceX, which launched plenty of Starlink satellites to provide high-speed internet.

Thu, 13 May 2021 18:00:08 GMT

Samsung raises investment in non-memory chips

On Thursday, Samsung Electronics increased its non-memory chips investment to $151 billion through 2030.

Thu, 13 May 2021 17:00:08 GMT

US weekly unemployment claims decline

As reported by the US Labor Department on Thursday, the number of Americans filing for new unemployment benefits declined last week.

Thu, 13 May 2021 16:00:07 GMT

Tesla stops car purchases with Bitcoin

Tesla will stop accepting digital currency Bitcoin for vehicle purchases, Tesla's Chief Executive Officer Elon Musk said on Wednesday.

Thu, 13 May 2021 15:00:06 GMT

Wall Street's main indexes open higher

Wall Street's main indexes edged higher on Thursday. The Dow Jones Industrial rose by 0.11% at the open, while the S&P 500 surged by 11.95 points or 0.29%.

Thu, 13 May 2021 14:00:07 GMT

McDonald's boosts employee pay

On Thursday, McDonald's Corporation announced a 10% pay increase in nearly 660 US restaurants.

Thu, 13 May 2021 13:00:07 GMT

US government comments on fuel

The United States Energy Secretary Jennifer Granholm revealed on Thursday that the US fuel shortages should end by the end of the day.

Thu, 13 May 2021 12:14:14 GMT

Alibaba issues new forecast

On Thursday, Alibaba issued an increased annual earnings forecast, which was based upon good e-commerce trends.

Thu, 13 May 2021 10:00:08 GMT

Inflation causes stock decline

On Thursday, stock markets around the globe declined, as a sell off was caused by higher than expected US inflation data being released on Wednesday.

Thu, 13 May 2021 09:26:21 GMT

Rolls-Royce keeps its 2021 guidance

UK engineering giant Rolls-Royce is sticking to its 2021 outlook for the positive free cash flow on the back of expected rebound in economy and travelling.

Thu, 13 May 2021 05:00:08 GMT

Bird to go public in blank-check deal

Bird Rides stated that it is set to merge with blank-check firm Switchback II Corp to go public in a deal, which would value the EV scooter rental firm at $2.3B.

Thu, 13 May 2021 04:00:09 GMT

Skanska to invest $476M in US project

Sweden's Skanska stated that it would invest $476M in its largest commercial property project to date, office buildings near Seattle in the US.

Thu, 13 May 2021 03:00:08 GMT

Tesla supports China auto industry standardisation

Tesla said via Weibo that it supports the China auto industry standardisation, commenting on cyberspace administration's draft rules on auto data regulation.

Wed, 12 May 2021 19:55:49 GMT

US inflation at 13-year high in April

The US Consumer Prices Index soared 0.8% in April, the strongest monthly increase since 2009, driving the inflation rate to the highest level in nearly 13 years, the government reported.

Wed, 12 May 2021 19:16:09 GMT

Amazon wins €250M court against EU

Amazon won the court against the EU order to pay about €250M in back taxes to Luxembourg in a blow to campaign against preferential deals.

Wed, 12 May 2021 18:58:38 GMT

Volvo Cars considers Nasdaq Stockholm listing

Swedish automaker Volvo Cars considered listing on the Nasdaq Stockholm stock exchange in 2021, and also said that it prolonged CEO Hakan Samuelsson's contract to the end of next year.

Wed, 12 May 2021 18:00:08 GMT

Ether hits record high

During Wednesday's trading session, Ethereum, the second-largest cryptocurrency by market capitalization, climbed to $4,372.35, eclipsing the previous record hit on Monday.

Wed, 12 May 2021 17:00:08 GMT

US gasoline shortages worsen

Gasoline shortages worsened in some parts of the United States on Wednesday, as the shutdown of the country's biggest fuel pipeline by hackers entered its sixth day.

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