European market
The European stock market rallied on Tuesday thanks to gains by Volkswagen AG Vz (DE:VOWG_p), but new worries over COVID-19 intensified.
Germany's DAX index traded 0.5% higher, France's CAC 40 rose 0.1% and Britain's FTSE was up 0.5...
Unfair business
The Chinese authorities intend to impose the largest antitrust fine in the country's history on Internet platform Alibaba. This was reported by The Wall Street Journal (WSJ).
According to WSJ sources, Alibaba is to be fine...
Buying shares
The Norwegian central bank Norges Bank decided to buy shares in Apple, Tesla, Nio and other electric car manufacturers in the fourth quarter.
The world's largest company by market capitalisation Apple (AAPL) and electric car makers Te...
Investment in Xiaomi
A court in Washington has temporarily blocked enforcement of a US ban on investments in Chinese company Xiaomi, calling the decision to blacklist the tech giant "deeply flawed". The Wall Street Journal reported this on Friday.
...
Entering the market
Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
The company's share price
U.S. shares of General Electric Co (NYSE:GE). have fallen 14.6 percent in the past three days after coming close to a 3-year high on March 8.
The company made a number of announcements this week that impacted inv...
Oracle's report and forecasts
Oracle shares fell on Wednesday after the close of trading as the company gave a fourth-quarter outlook below analysts' expectations. However, Oracle's revenue and profit growth accelerated in the third quarter and the ...
Elon Musk's fortune
Earlier, the entrepreneur's fortune in terms of his ownership stake in Tesla had fallen by $27bn.
Shares in the Tesla company owned by Elon Musk continue to rise significantly in trading on Wednesday, boosting the entrepreneur's...
Tesla sales in China
Tesla shares rose sharply on Tuesday after the company posted an 18% rise in sales of its electric cars in February compared with January, contrasting with a ...
Investing in an environmental fund
Amazon CEO Jeff Bezos plans to spend the $10 billion he has invested in the Bezos Earth Fund by 2030. This was reported by ABC television channel on Wednesday, citing a statement by the director of t...
Consumer rights infringement
Video game developer Epic Games filed a complaint in the Federal Court of Australia on Wednesday against a branch of technology giant Google, accusing it of violating local consumer protection law. It...
Best day in four months
US stock indices ended Tuesday's trading up, with the Nasdaq Composite having its best session in four months amid a rebound in shares of major technology companies following a sell-off the day before.
The Dow Jones Industri...
Xpeng earnings and losses
Xpeng reported better-than-expected quarterly earnings, but losses exceeded analysts' estimates. Xpeng is building a third plant in China and is preparing to launch a new electric sedan with autonomous driving by the end of...
Petition rejection
The US Securities and Exchange Commission (SEC) has filed a motion to dismiss Ripple's XRP token holders application. The document has been sent to the Rhode Island District Court.
In early January 2021, a group of investors dema...
Buying a film
The highest-profile business news from the Sundance Film Festival in early February was the purchase of the film Coda by online platform Apple TV+. The streaming service paid $25 million for the film about a talented girl singer from a...
New exchange-traded fund
The BUZZ ETF reflects the performance of the BUZZ NextGen AI index, whose portfolio of 75 US stocks is compiled by artificial intelligence algorithms based on "online ch...
Falling again
The Fed chairman did not express concern that Treasury yields are at their highest level since the start of the pandemic. Investors, in turn, are concerned about this Fed stance because of the risks of inflatio...
Ford deliveries down
Ford shares fell 3% after the carmaker reported an overall decline in deliveries in February, but executives noted a strong 11.8% rise in combined Mustang Mach-E and Bronco Sport sales.
Ford Motor Company (F) on ...
US indices fall
Technology stocks declined on Wednesday and the preceding days, while stocks in the financial, industrial and other sectors, which could rise after a pandemic, increased.
Major US stock indices fell sharply on Wednesday, continuing ...
Tracking users
The Chrome web browser will not develop new ways to track users' online activity after abandoning third-party cookies that allow it to collect data about users to show them relevant online advertisements, according to a post on the of...
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