News

Note: This section contains information in English only.
Sat, 31 Oct 2020 13:16:01 GMT

US reduces trade benefits for Thailand

The US President Donald Trump announced on Friday that he would cut trade benefits for a number of products produced in Thailand.

Sat, 31 Oct 2020 12:11:05 GMT

Robinson closes in Singapore

Robinsons & Co. Pte Ltd stated on Friday that it would shut down its remaining two stores in Singapore, thus leaving the retail scene.

Sat, 31 Oct 2020 11:10:22 GMT

Twitter's revenue for Q3 up 14%

Twitter Inc. reported this week that its quarterly revenue had increased 14% year on year reaching $936M.

Sat, 31 Oct 2020 09:41:30 GMT

Blacklane comments on airport transfer

The German chauffer firm Blacklane revealed that it would focus on inter-city travel services instead of airport transfers.

Sat, 31 Oct 2020 08:43:31 GMT

Amazon comments on Future Retail

On Saturday, Reuters revealed that Amazon had complained on its Indian local partner Future Retail about misleading shareholders.

Sat, 31 Oct 2020 07:42:52 GMT

New Zealand receives new government

On Friday, the Prime Minister of New Zealand Jacinda Ardern stated that she would announce a new government on November 2.

Sat, 31 Oct 2020 06:45:45 GMT

Dunkin Brands goes private

It was revealed on Friday that Inspire Brands would buy out Dunking Brands Group for a total of $8.76 billion.

Sat, 31 Oct 2020 06:12:40 GMT

Factory activity grows in China

On Friday, China published data, which revealed that Chinese factory activity had grown in October.

Sat, 31 Oct 2020 05:01:45 GMT

Judge sets news deadline for Google case

The US judge Amit Mehta set the middle of November as a deadline for Alphabet's Google to respond to the federal antitrust lawsuit.

Sat, 31 Oct 2020 03:48:06 GMT

Ford sees sales of 100K hands-free vehicles

Ford Motor is expecting to sell 100K vehicles equipped with the carmaker's hands-free driving system during the first year of availability.

Fri, 30 Oct 2020 21:41:07 GMT

KKR reports rise in Q3 earnings rise

KKR, the private equity firm, reported its earnings surged 6% year-over-year in the Q3, boosted by growth in transaction and management fees from the company's capital markets business.

Fri, 30 Oct 2020 20:52:41 GMT

Under Armour sees revenue above estimates

Under Armour is expecting its annual revenue to appear above Wall Street estimates due to a surge in demand for face masks and running shoes during the pandemic-related trend for outdoor exercises.

Fri, 30 Oct 2020 19:48:14 GMT

US consumer spending top forecasts

The US consumer spending surged more than anticipated in September, the Commerce Department reported on Friday, but warned that decreasing unemployment benefits and rising coronavirus cases could affect the Q4 spending.

Fri, 30 Oct 2020 18:42:56 GMT

Apple shares drop on quarterly results

Shares in Apple plunged about 5% after the US tech giant reported a sharp decline in its Chinese iPhone sales, tumbled by its new model launch's delay amid the coroavirus pandemic.

Fri, 30 Oct 2020 17:43:07 GMT

US approves 50 F-35 jet sale to UAE

The United States has granted its approval for 50 Lockheed Martin F-35 aircraft sale to the UAE in a potential deal that worth $10B.

Fri, 30 Oct 2020 16:59:32 GMT

Exxon reports third consecutive loss

Exxon Mobil has reported on Friday another quarterly loss, adding it expects deeper spending cuts in the future, as the coronavirus pandemic hit prices and energy demand.

Fri, 30 Oct 2020 16:36:40 GMT

Chevron reports surprise Q3 profit

On Friday, Chevron Corp reported a surprise Q3 profit on oil prices recovery from spring plunge and spending trims benefited operating results.

Fri, 30 Oct 2020 15:35:57 GMT

Wall Street plunges on tech stocks drop

On Friday, the main indexes of Wall Street dropped at the open, tumbled by the tech heavyweights selloffs after the underwhelming business updates and rising coronavirus cases.

Fri, 30 Oct 2020 14:03:01 GMT

Ant's IPO likely to hit record $3 trillion

Retail investors have placed their bids for the record $3 trillion for Ant Group's IPO, which is set to become the world's largest listing.

Fri, 30 Oct 2020 12:37:26 GMT

Sony considers buying Crunchyroll

Sony Corp has entered final negotiations with AT&T over the acquisition of Crunchyroll, the US animation-streaming service, in a potential deal valued over $957M, according to the Nikkei.

Fri, 30 Oct 2020 11:15:11 GMT

Apple loses stock value

On Friday, Reuters reported that Apple lost nearly $100 billion in market cap due to its late launch of 5G phones.

Fri, 30 Oct 2020 09:42:31 GMT

Amazon expects jump in holiday sales

Amazon.com is expecting a surge in its holiday sales and costs caused by the pandemic, as consumers keep shopping online.

Fri, 30 Oct 2020 09:35:32 GMT

Twitter shares plunge 16%

Twitter Inc reported it had missed the Wall Street's forecasts for new subscribers, adding it was expecting expenses growth to accelerate in the Q4, sending its shares down 16%.

Fri, 30 Oct 2020 07:43:15 GMT

Apple posts steepest Q3 iPhone sales drop

Apple reported the sharpest decline in its iPhone sales in the last two years, caused by the delay of the new iPhone 12 launch that prompted the customers to postpone buying new devices.

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