News

Note: This section contains information in English only.
Fri, 20 Dec 2019 16:43:22 GMT

BlackBerry beats revenue forecast

BlackBerry surpassed quarterly revenue estimate on higher security software and licensing sales, sending shares 5.8% up in premarket trading.

Fri, 20 Dec 2019 15:44:08 GMT

J&J to acquire remaining stake in Verb Surgical

Johnson & Johnson stated that it is set to acquire Verb Surgical, buying the remaining stake from Verily, in a bid to bolster digital surgery portfolio.

Fri, 20 Dec 2019 14:40:35 GMT

Shell cuts sales forecast

On Friday, Royal Dutch Shell announced that it is cutting its quarterly oils product sales forecast, as there is decreasing demand for gas and oil.

Fri, 20 Dec 2019 13:40:37 GMT

UK revises economic growth

During the third quarter of this year, UK economy has grown more than previously thought. The economy had grown by 0.4% instead of the 0.3% estimate.

Fri, 20 Dec 2019 12:40:56 GMT

UK names new Bank of England Governor

The new government of the United Kingdom on Friday announced that Andrew Bailey from the Financial Conduct Authority would be the next Governor of the Bank of England.

Fri, 20 Dec 2019 11:49:33 GMT

China comments on imports

On Friday, Chinese officials announced that China would import more than $40 billion of agriculture goods from the US, as agreed upon in the Phase 1 of the US-China trade deal.

Fri, 20 Dec 2019 10:40:41 GMT

Stocks surge on Friday

During Friday's Asian and European trading sessions, global stock indices surged and reached record high levels.

Fri, 20 Dec 2019 10:11:26 GMT

ECB comments on policy

On Friday, ECB officials announced that Eurozone banks are taking almost full advantage of the ECB's deposit facility.

Fri, 20 Dec 2019 09:06:32 GMT

Asian shares remain near 18-month highs

Asian shares remained near an eighteen-month high on Friday, as investors and traders absorb the gains made in December.

Fri, 20 Dec 2019 08:04:33 GMT

Mexico's Central Bank cuts interest rate

On Thursday, the Central Bank of Mexico cut the country's interest rate by 25 basis points. The decision marks the bank's fourth straight cut.

Fri, 20 Dec 2019 07:03:23 GMT

Japan's government approves record budget spending

On Friday, the Japanese Finance Minister Taro Aso said that the government has approved $939B budget spending plan for the fiscal year of 2020/2021.

Fri, 20 Dec 2019 05:43:31 GMT

UK plans tax cut

On Thursday, the Prime Minister of the United Kingdom Boris Johnson announced that for some business sectors the government intends to introduce a tax discount.

Fri, 20 Dec 2019 05:33:49 GMT

Airbnb wins European lawsuit

The US home sharing company Airbnb on Thursday scored a victory in a legal battle to be exempt from European property rules. A top EU court ruled that Airbnb is an online platform not a property agent.

Fri, 20 Dec 2019 04:31:07 GMT

Goldman Sachs negotiates $2 billion settlement

On Thursday, the Wall Street Journal revealed that the Goldman Sachs Group is negotiating with the US government to receive a $2 billion fine for its involvement in Malaysian corruption.

Fri, 20 Dec 2019 03:06:26 GMT

Libra launch lacks plan

Board Member of the Libra Association Patrick Ellis revealed to Reuters on Thursday that there is no solid plan how to launch the new Facebook's cryptocurrency.

Thu, 19 Dec 2019 20:40:50 GMT

EU extends sanctions on Russia

On Thursday, the European Union formally extended by six months the sanctions set against the Russian Federation.

Thu, 19 Dec 2019 19:41:15 GMT

Queen comments on Brexit

On Thursday, Queen Elizabeth stated that the top priority for the Prime Minister of the United Kingdom Boris Johnson is to get Brexit done on January 31.

Thu, 19 Dec 2019 19:11:29 GMT

Markets stay quiet on Thursday

During Thursday's US trading session, stock price indices remained almost flat. Some attributed the flat trading to the upcoming publication of US Final GDP.

Thu, 19 Dec 2019 17:40:05 GMT

Wall Street stays near record high

On Thursday, Wall Street stock indices remained near record high levels, as the US Treasury Secretary Steven Mnuchin announced that a trade deal with China is set to be signed in January.

Thu, 19 Dec 2019 16:48:22 GMT

US jobless claims decline

Data published on Thursday revealed that US weekly jobless claims have dropped from the two year high level reached last week.

Thu, 19 Dec 2019 16:10:44 GMT

General Motors recalls vehicles

On Thursday, General Motors announced the recall of 900,000 brand new vehicles to address issues with brake software.

Thu, 19 Dec 2019 14:44:04 GMT

Markets ignore Democrat impeachment

On Thursday, as the Democratic House of Representatives impeached US President Donald Trump, the financial markets did not react. This indicated that the political event is not set to change the economics of the US.

Thu, 19 Dec 2019 13:42:29 GMT

ECB could decrease interest rates

Research published by the ECB staff on Thursday revealed that the central bank could still decrease interest rates by going more into negative.

Thu, 19 Dec 2019 12:47:23 GMT

Oil trades near high level

At the middle of Thursday's London trading session, crude oil prices trade near a three month high level.

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