1.Rolls-Royce: –British engineering company Rolls-Royce(OTC:RYCEY) has put its Norwegian maritime engine unit Bergen back on the block, less than two months after Norway blocked a previous deal for it to be bought by a Russian company. “The sale process...
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BioNTech plans to set up a regional centre and a new factory in Singapore for its vaccines, it said on Monday, boosting its presence in Asia as a debate over patents rages and pressure grows on drugmakers to raise...
1.BMW: –BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said on Friday. Most...
Pfizer Inc. and German partner BioNTech SE said Friday they have initiated rolling submission of a Biologics License Application (BLA) with the U.S. Food and Drug Administration for full approval of their COVID-19 vaccine in individuals 16 years of...
1.TESLA: –-U.S. electric-vehicle maker Tesla (NASDAQ:TSLA) Inc said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles. Tesla, which makes Model 3 sedans and Model...
U.S. electric-vehicle maker Tesla Inc said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles. Tesla, which makes Model 3 sedans and Model Y sport-utility...
Facebook Inc ‘s oversight board on Wednesday will decide whether to uphold the company’s indefinite suspension of former U.S. President Donald Trump, in a much-awaited verdict that may signal how the company will treat rule-breaking world leaders in the...
1.GENERAL MOTORS: –General Motors Co (NYSE:GM) said on Wednesday that its first-quarter profit jumped, despite a global semiconductor chip shortage that has shuttered some of its plants. The No. 1 U.S. automaker posted a first-quarter net profit of $3...
1.BANK OF AMERICA: –Bank of America has snapped up Emmanuel Regniez from Citigroup (NYSE:C) to co-head its investment banking franchise for France as it seeks to strengthen its network of European hubs after Brexit, according to a memo seen...
Darktrace, a cybersecurity company advised by former MI5 and CIA spymasters, leapt more than 40% on its market debut on Friday, delivering a boost to the London market after the spectacular flop of Deliveroo last month. The company was...
Russian state communications regulator Roskomnadzor said on Friday that U.S. social network Twitter had started complying with its demand to remove content banned in Russia. It said Twitter had removed 60% of such content since Moscow slowed the speed...
1.IBM: –Palantir has hired its first U.S. government chief medical officer, a former executive from IBM’s Watson Health business, as the data analytics company doubles down on its life sciences business. While the company made its name in software...
1.AstraZeneca: –AstraZeneca said its COVID-19 vaccine sales were $275 million in the first-quarter and it is on track to deliver 200 million doses a month from April, as better-than-expected results and a second half growth forecast boosted its shares....
Blocking a proposed British class action against Google , that alleges it secretly tracked millions of iPhone users a decade ago, risks allowing big firms to behave with impunity, a lawyer told the Supreme Court on Thursday. Hugh Tomlinson,...
1.Caterpillar: –Heavy equipment maker CaterpillarInc (NYSE:CAT) reported a rise in adjusted first-quarter profit on Thursday, as equipment demand picked up after a pandemic-led slump last year. Caterpillar is expected to benefit from U.S. President Joe Biden’s massive $2 trillion...
Australia’s competition watchdog said on Wednesday regulation may be required to address the significant market power app stores owned by Alphabet ‘s Google and Apple have if they do not take steps to assuage concerns. In a digital platforms...
1.Boeing: –Boeing(NYSE:BA) reported on Wednesday first quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations. Boeing announced earnings per share of $-1.53 on revenue of $15.22B. Analysts polled by Investing.com anticipated EPS of $-0.9691 on...
Facebook Chief Executive Mark Zuckerberg said Tuesday the company will build features for content creators to earn money from recommending products on the app and getting a cut of product sales. While speaking with Instagram CEO Adam Mosseri on...
1.3M Co: –3M Co beat Wall Street estimates for quarterly revenue, as people bought more personal safety products to stave off potential coronavirus infection. The company’s N95 masks, which provide a high level of filtration against airborne contaminants, as...
Facebook says it has disrupted a long-running cyberespionage campaign run by Palestinian intelligence which features spies posing as journalists and the deployment of a booby-trapped app for submitting human rights stories. In a report published Wednesday, Facebook accused what...
European stock markets are seen opening marginally higher Tuesday, with investors exercising a degree of caution ahead of the start of the Federal Reserve’s two-day meeting and with the earnings season continuing apace. At 3:05 AM ET (0705 GMT),...
Pfizer (NYSE:PFE) UP 0.05% AT 38.66 Israel’s Health Ministry said on Sunday it is examining a small number of cases of heart inflammation in people who had received Pfizer (NYSE:PFE)’s COVID-19 vaccine, though it has not yet drawn any...
Israel’s government chose Amazon (NASDAQ:AMZN) Web Services (AWS) and Google (NASDAQ:GOOGL) for a more than $1 billion project to provide cloud services for the country’s public sector and military. Amazon and Google beat out Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL) and...
1.Exxon Mobil: –Exxon Mobil has floated a proposal for a public-private project that would grab carbon dioxide emissions from U.S. petrochemical plants and bury them deep in the Gulf of Mexico. If realized, it would be the world’s largest...
Netflix Inc said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter, sending shares of the world’s largest streaming service down 11% on Tuesday. Roughly 3.98 million people signed up for...
Facebook Inc said on Monday it will remove content that praises, celebrates or mocks George Floyd’s death, as it prepares for an expected verdict in the trial of Derek Chauvin – the former Minneapolis police officer facing murder charges...
1.Pfizer: –Israel yesterday signed procurement agreements for additional Covid-19 vaccine doses with Pfizer and Moderna. Israel will receive 10 million vaccine doses from Pfizer and 8 million doses from Moderna by the end of 2022. These vaccines will be...
Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named an outsider as its chief following his tenure with global tech giants such as Apple Inc and Microsoft ....
1.Facebook: –Ireland’s Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc (NASDAQ:FB), after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public. Facebook said...
Ireland’s Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc , after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public. Facebook said in...
1.Google: –The judge hearing the Texas antitrust lawsuit against Alphabet (NASDAQ:GOOGL) Inc’s Google put limits on what the search giant’s in-house lawyers can see in an order aimed at ensuring that confidential information used in an upcoming trial remains...
1.JPMorgan: –JPMorgan (NYSE:JPM) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations. JPMorgan announced earnings per share of $4.5 on revenue of $33.12B. Analysts polled by Investing.com anticipated EPS of $3.06 on revenue...
SAP AG UP 4.09% AT 116.27 In Q1, SAP (NYSE:SAP) achieved its highest order entry growth across cloud and software in five years. The company expects €6.35B versus the €6.3B consensus and EPS of €0.88 IFRS or €1.40 non-IFRS....
Dutch-based technology investor Prosus NT has sold a 2% stake in Chinese tech giant Tencent at HK$595 per share to raise $14.7 billion in the world’s largest block trade, according to two sources with direct knowledge of the matter....
1.JPMorgan: –Investment bank JPMorgan(NYSE:JPM) recommended selling emerging market currencies on Tuesday, completing a 180-degree pivot from the start of the year when it was backing them to have a good run. After forecasts of a strong run for emerging...
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European stock markets are seen weakening at the open Tuesday, following the previous session’s tech-led selloff on Wall Street on increased inflation worries. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.4% lower, CAC...
European stock markets are seen opening higher Monday, following the global trend, with investors sanguine about the economic recovery despite Friday’s disappointing U.S. employment report. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.2%...
European stock markets are seen edging higher at the open Friday, boosted by strong trade data out of China but with investors cautious ahead of the key monthly U.S. employment report. At 2:05 AM ET (0705 GMT), the DAX...
European stock markets are seen edging higher at the open, continuing the positive tone from the previous session, as investors digest more corporate earnings ahead of a Bank of England meeting. At 2:05 AM ET (0705 GMT), the DAX...
European stock markets are seen opening mixed on Wednesday, as investors digest the sharp pullback in the tech sector overnight ahead of a fresh round of corporate earnings. At 2:05 AM ET (0705 GMT), the DAX futures contract in...
European stock markets are seen opening in a mixed fashion Tuesday, amid continued concerns over rising Covid-19 cases in India but also optimism as major economies around the world reopen. At 2:05 AM ET (0705 GMT), the DAX futures...
European stocks edged higher on Monday amid thin trading volumes due to a UK bank holiday, with sentiment remaining positive on hopes of a quick economic rebound and a strong earnings season. The pan-European STOXX 600 indices rose 0.2%...
European stock markets are seen opening slightly lower Friday, ending the week on a cautious note following disappointing Chinese growth data and ahead of key European numbers and the continuing first-quarter earnings season. At 3:05 AM ET (0705 GMT),...
European stock markets are seen edging higher at the open Thursday, as investors digest the Federal Reserve’s decision to keep to its easy money policy while the first-quarter earnings season continues. At 3:05 AM ET (0705 GMT), the DAX...
European stock markets are seen opening marginally higher Wednesday, with investors waiting for news from the Federal Reserve on a busy day for corporate earnings. At 2:10 AM ET (0710 GMT), the DAX futures contract in Germany traded 0.1%...
European stock markets are seen opening mixed Wednesday after suffering their worst daily loss so far this year on Tuesday, amid hopes that a positive corporate earnings season will calm concerns about the march of Covid-19 in India. At...
European stock markets are seen opening largely unchanged Tuesday, with investors preparing for the next round of corporate earnings while lacking a major lead from overnight trading. At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany...
1. Johnson & Johnson: – Resuming the use of Johnson & Johnson (NYSE:JNJ)’s COVID-19 vaccine in the United States will require clear guidelines for the medical community on how to best treat patients that develop a rare type of...
Translation tools from Alphabet Inc’s Google and other companies could be contributing to significant misunderstanding of legal terms with conflicting meanings such as “enjoin,” according to research due to be presented at an academic workshop on Monday. Google’s translation...
European stocks hit a record high on Friday after strong U.S. and China data spurred optimism about a speedy global recovery, while automakers got a boost following Daimler (OTC:DDAIF)’s better-than-expected profit. The pan-European STOXX 600 indices rose 0.1% by...
European stock markets are seen opening largely higher Thursday, helped by a generally positive start to the earnings season on Wall Street. At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.2% higher, the FTSE...
European stock markets are seen opening mixed Wednesday, largely continuing the positive global trend on the back of falling bond yields as U.S. inflation concerns eased, although other concerns over Covid-19 remain. At 3:05 AM ET (0705 GMT), the...
European stock markets are seen opening marginally lower Tuesday, weighed on by some patchy growth data out of the U.K. but generally cautious ahead of key U.S. inflation numbers. At 3:15 AM ET (0715 GMT), the DAX futures contract...
European stock markets are seen opening lower Monday, in cautious trading ahead of a week which sees the start of the U.S. earnings season as well as a deluge of important economic data. At 3:05 AM ET (0705 GMT),...
European stock markets traded higher Thursday, helped by expectations of global economic recovery after the Federal Reserve reaffirmed its commitment to an ultra-easy monetary policy. At 4:20 AM ET (0920 GMT), the DAXin Germany traded 0.2% higher, the CAC...
Asia Pacific stocks were mixed Thursday morning, as investors digested the U.S. Federal Reserve’s continued commitment to its supportive policy. Japan’s Nikkei 225fell 0.42% by 10:31 PM ET (2:31 AM GMT). Balance of payments data released earlier in the...
Europe’s benchmark equity index hit a record high on Tuesday, recovering all of its pandemic-driven losses as investors bet on a speedy global economic recovery, spurred by bumper stimulus spending and COVID-19 vaccination programmes. European traders returned from a...
A gauge of Asian shares climbed to three-week highs on Wednesday as investors eyed the upcoming earnings season for further signs of a global economic recovery, while the dollar slipped to a two-week low. MSCI’s broadest index of Asia-Pacific...
Europe’s benchmark equity index hit a record high on Tuesday, recovering all of its pandemic-driven losses as investors bet on a speedy global economic recovery, spurred by bumper stimulus spending and COVID-19 vaccination programmes. European traders returned from a...
Foreigners were net sellers of Asian equities for the third consecutive month in March, as higher U.S bond yields and a stronger dollar prompted outflows from the region. Overseas investors sold a net combined total of $3.18 billion in...
The European market for initial public offerings has come roaring back this year after a moribund, COVID-hit 2020, but the poor debut by Deliveroo has amplified concerns around whether the momentum can last. European companies raised $19.55 billion through...
Microsoft (NASDAQ:MSFT) UP 2.48% AT 242.35 Microsoft Corp said on Thursday it has resolved an issue with its Microsoft (NASDAQ:MSFT)365 services and features, including workplace messaging app Teams and Azure, after many users were unable to access them. Microsoft...
European stock markets edged higher to record levels Thursday, boosted by additional stimulus in the form of the new U.S. infrastructure plan which overshadowed Covid worries. At 3:40 AM ET (0840 GMT), the DAXin Germany traded 0.6% higher at...
Asia Pacific stocks were up Thursday morning, beginning April on a high note as investors assessed economic data from China and Japan, as well as a new U.S. infrastructure plan. China’s Shanghai compositeedged up 0.20% by 11:26 PM ET...
European stock markets pushed higher Tuesday, helped by growing French consumer confidence while fears of a broader fallout from the U.S. hedge fund default eased. At 3:45 AM ET (0845 GMT), the DAXin Germany traded 0.7% higher, the CAC...
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