News

Note: This section contains information in English only.
Fri, 19 Feb 2021 09:26:34 GMT

Allianz expects better results in 2021

Germany's Allianz is anticipating the 2021 results to be better than anticipated, after the worst year in nearly a decade, hit by the COVID-19 pandemic.

Fri, 19 Feb 2021 08:37:47 GMT

Canada asks Facebook to pay for news

Canada vowed it is planning to become the second country to require Facebook to pay for news, following Australia's government such a decision.

Fri, 19 Feb 2021 05:49:22 GMT

Carl Icahn considers buying FirstEnergy stake

Carl Icahn, the activist investor, is considering to acquire a FirstEnergy stake, according to the energy distributor's regulatory filing seen on Thursday.

Fri, 19 Feb 2021 05:00:52 GMT

Ford recalls 153k vehicles in Canada, US

Ford Motor has launched a recall of 153K vehicles in Canada and the United States over potential faulty Takata inflators.

Fri, 19 Feb 2021 03:55:30 GMT

Apple adds new tool to fight iMessage hacks

Apple unveiled a new security feature across the company's operating systems to fight iMessage hacks.

Fri, 19 Feb 2021 03:05:13 GMT

Dropbox plans subleasing office spaces

Dropbox is planning to sublease some offices amid the file hosting service's shift to remote work, the firm announced earlier this week.

Thu, 18 Feb 2021 21:22:35 GMT

Nissan plans £1B UK investment

Nissan is set to increase recent investment in its UK plant to more than £1B in the next years, as it unveils greener technology, the company stated.

Thu, 18 Feb 2021 20:06:33 GMT

Toyota to expand engine production

Toyota Motor stated that it is investing $210M to expand engine production in West Virginia and add new jobs.

Thu, 18 Feb 2021 19:29:04 GMT

Volkswagen considers Porsche listing

Volkswagen considered listing its Porsche AG unit to receive cash needed for the group's shift towards software and electric cars, a source familiar with the matter stated.

Thu, 18 Feb 2021 17:56:27 GMT

Wall Street's main indexes open lower

On Thursday, US stocks edged lower, as disappointing labour market data dampened expectations for a quick economic recovery.

Thu, 18 Feb 2021 16:57:36 GMT

US Dollar edges lower

On Thursday, the US Dollar lost ground against its peers, as an unexpected surge in weekly jobless claims dampened enthusiasm for a quick economic recovery.

Thu, 18 Feb 2021 15:58:43 GMT

Nestle to focus on growth

On Thursday, Nestle's Chief Executive Mark Schneider said that the company would put more emphasis on growth and acquisitions.

Thu, 18 Feb 2021 13:41:38 GMT

Bosch, Microsoft to develop new platform

On Thursday, Bosch stated it was set to join forces with Microsoft over a new software platform development for vehicles, seeking to expand in the rapidly growing market for automated driving technology and electromobility.

Thu, 18 Feb 2021 12:27:18 GMT

Baidu-Geely JV hires new CEO

China's carmaker Geely and the search engine firm Baidu appointed Xia Yiping, the Mobike co-founder, as a new Chief Executive Officer for their electric car joint venture.

Thu, 18 Feb 2021 11:16:47 GMT

Stocks surge on Thursday

During Thursday's European trading hours, stock indices surged, as mining companies lead a rally.

Thu, 18 Feb 2021 09:58:15 GMT

Airbus expects stable jet deliveries

The EU planemaker Airbus is expecting stable aircraft deliveries following the coronavirus-driven loss in 2020, restoring its key business goals after generating cash last quarter.

Thu, 18 Feb 2021 08:51:04 GMT

Tesla trims prices of some vehicles

Tesla has cut prices of its base variants of the Model Y SUV and Model 3 sedan, while lifting prices for these cars' performance variants, according to the electric carmaker's website.

Thu, 18 Feb 2021 08:35:25 GMT

China's Baidu tops revenue forecasts

China's Baidu posted its quarterly revenue beat Wall Street estimates, driven by a robust demand for the AI and cloud services and advertising recovery.

Thu, 18 Feb 2021 07:36:38 GMT

Mobile ad firms form alliance over Apple changes

Six mobile advertising firms established a partnership in order to help app developers and marketers adjust to new Apple's privacy changes.

Thu, 18 Feb 2021 06:22:24 GMT

Ford: EU car lineup to become all-electric

Ford Motor stated that its car lineup in Europe is set to be all-electric by 2030 as the US automaker aims to be ahead of CO2 emissions targets and looming bans on fossil fuel cars.

Thu, 18 Feb 2021 05:31:46 GMT

Australia doubts Aon-Willis Towers deal

Australia's competition regulator raised antitrust concerns over Aon's $30B bid for Willis Towers Watson to establish the world's biggest insurance broker.

Thu, 18 Feb 2021 04:30:20 GMT

Bentley orders rise on demand from China

Bentley started the year having 50% more orders compared to the last year and built more vehicles in January this year, as China fuelled demand despite challenges from the pandemic.

Wed, 17 Feb 2021 21:52:14 GMT

JLR to clash 2K jobs globally

Jaguar Land Rover is set to cut 2,000 positions from the company's global salaried workforce, just after the announcement that its Jaguar brand will be fully electric by 2025.

Wed, 17 Feb 2021 20:41:29 GMT

US Retail Sales grow in January

Data published by the US statisticians on Wednesday revealed that US Retail Sales increased in January. However, the news did not cause a significant reaction in the value of the US Dollar.

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