Indexes down
Stocks in America ended lower, the first trading day of 2021, amid worries about a rise in the number of coronavirus infections worldwide. Last Thursday, which was the last day of tradin...
Abandonment of plans
Ford Motor has abandoned its plans to expand its presence on the Indian market. The American concern will not create a joint venture (JV) with local giant Mahindra Mahindra, whic...
Target of 500,000 cars
Less than 500 cars fell short of Tesla's goal of 500,000 cars sold, which Elon Musk has been setting for the company for several years. But Tesla did deliver on Musk's production promise.
In 2020, Tesla pr...
Hedge fund Alden Global Capital LLC is trying to buy a network of periodicals owned by Tribune Publishing Co. The hedge fund already owns more than 30% of the shares in the publishing house and 3 of 7 seats on the board of directors of the publishing...
Vaccine approval has impacted on stock rally
The European stock market rallied on Wednesday as Britain approved a COVID-19 vaccine developed jointly by AstraZeneca (LON:AZN) and Oxford University, while bets on addition...
Index rises on year-end
Japan's Nikkei index ended the last trading session of the year in a decline, having retreated from more than 30-year peak reached the day before due to profit taking. At the same time, the index was up for the second time in...
Ending the year with growth
The US stock market ends 2020 on an upswing despite the COVID-19 pandemic.
The Standard Poor's 500 Index jumped 66% from this year's low in March, the early days of the pandemic. Leading the gains were shares of Tesla (N...
Tesla in India
According to Reuters, citing India's Transport Minister Nitin Gadkari in an interview with The Indian Express, Tesla will "start operations" in India in early 2021. This impl...
Vacancy at BlackRock
The world's largest investment company, BlackRock, has posted a vacancy for a vice president of blockchain. This information appeared on the company's website.
However, it has been made public what the respo...
The COVID-19 epidemic this year slowed down the process of doing and closing deals in India. The number of deals made has dropped significantly, especially this trend was observed at the beginning of this year, in the second half of 2020 the start-up...
APAC stocks
Asia-Pacific (APAC) stock indexes are mostly higher in trading on Monday after US President Donald Trump signed the country's $2.3 trillion fiscal year 2021 budget, which includes a $900 billion pandemic economic support package.
At the...
New order
The approval by the US Securities and Exchange Commission (SEC) of a new listing procedure for companies will not lead to an increase in the number of IPOs.
Earlier this week, the SEC approved a change to the rules of the New York Stock E...
Online shopping returns
With the New Year just days away and US shoppers hiding gifts under the tree, retailers are preparing for a record-breaking return of gifts bought online during the recent major coronavirus outbreak, writes Yahoo Finance.
If...
Competing with internet platforms
Thanks to a strong rebound on the coronavirus pandemic and the resulting restrictions such as remote working and self-isolation this year, online conferencing platform Zoom has experienced a real boom.
In Q2 of fis...
Self-driving drone delivery company Nuro has acquired purchased startup Ike, established by former Google employees, Uber and Apple. Ike is a startup that emerged from stealth mode in 2018 to capitalize on self-driving trucks for long-distance transp...
Stock indices
US stock indices S&P 500 and Dow Jones rose on Wednesday thanks to better-than-expected US jobless claims data and expectations of new stimulus.
Cyclical stocks, which have been hit hardest by the coronavirus restriction...
Tesla shares in the S&P 500
Tesla shares will officially take the fifth spot on Monday's list of the largest-cap stocks in the S&P 500 benchmark index. On Tesla's first day of trading in the S&P 500, some investors decided to "lock in pr...
US trades
The US stock market ended Friday's trading in negative territory after posting record highs a day earlier. However, major indicators ended the week on the plus side, with the S&P 500 up 1.3% and the Dow Jones up 0.4%. The Nasdaq was up...
Positive report
Nike's revenue and profit for the three months ended 30 November were above analysts forecasts, thanks to a strong sales recovery in China and another jump in digital sales growth. Nike raised its revenue forecast for fiscal 2021.
S...
The Chinese billionaire Jack Ma, who has fallen out of favor with the Chinese authorities, is trying to save the first public sale of shares in Ant Group.
Ant Group is a subsidiary of Alibaba Group, with a 33% shareholding, and the largest fin-tech ...
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