Facebook and Kustomer
The European Commission (EC) on Monday began examining the impact on the European market of Facebook's acquisition of Kustomer, headquartered in New York, which specialises in creating to...
State of the stock market on Thursday
Facebook (NASDAQ:FB) shares fell 3.1% on the New York Stock Exchange premarket on Thursday after the social media giant warned of a significant slowdown in revenue growth in the current third quarter and next.
...
Marketplace for stock trading
Exchange operator Nasdaq Inc. plans to spin off its private equity marketplace into a separate segment in partnership with a group of US banks, including Goldman Sachs G...
Friday trading
US stock indices ended Friday's trading lower on inflation concerns. The second quarter reporting season also remains in the spotlight. This week, major US banks and a number of other companies ...
Production problems
Boeing Co (NYSE:BA). is likely to face additional delays in delivering its products to customers due to the discovery of a manufacturing defect on its popular 787 Dreamliner wide-body aircraft, ...
Increase in vaccine production
US company Moderna is building two new production lines, the launch of which will allow it to increase production of coronavirus vaccines by 50%, currently carried...
Hacking attack on McDoland's
The McDonald's restaurant chain has discovered that some of its employee and customer information has been stolen by unknown hackers in the US, the Republic of Korea and Taiwan, as well as possibly&nb...
Stock market rises
The US stock market is rising on Tuesday after the US Memorial Day holiday weekend.
The Dow Jones Industrial Average index was up 157.57 points (0.46%) at 34687.02.
The Standard Poor's 500 rose 17.58 points (0.42%) to 4221.69 po...
Aircraft delivery delay
Aircraft maker Boeing (NYSE:BA) has halted deliveries of the 787 Dreamliner, and customers will now have to wait again after a recent five-month delay in aircraft deliveries due to production problems, The Wall Street Journal...
Epic games and Apple
A court in Oakland, California, will rule on Epic Games' antitrust suit against Apple within the next few weeks. This was reported by The Wall Street Journal.
At Monday's hearing, Judge Y...
Working remotely
Remote working is not suitable for young employees and those looking to move forward and develop. That was the view expressed by Jamie Dimon, chief executive of JPMorgan Chase banking group, at a meeting of chief executive officers ...
Largest fine in history
The company was accused of violating antitrust laws. Alibaba's actions had a negative impact on competition in the e-commerce market, the regulator said.
China's State Market Surveillance Administration has imposed a fine of...
Contract to Sony
Netflix shares rose 1.4% on Thursday after the company announced a long-term contract from Sony Pictures Entertainment that will see both older films from the movie studio and 2022 releases appear on its streaming platform...
Annual revenue
Revenue at Chinese technology giant Huawei Technologies Co. increased 3.8 percent to a record 891.4 billion yuan ($136.1 billion) in 2020, the company said in a statement. At the same time, the growth rate was one of the slowest in th...
Shares sale
Banks Nomura and Credit Suisse on Monday warned of significant losses related to the default of hedge fund Archegos Capital. A number of stocks, including ViacomCBS, Discovery, Baidu and Tencent Music, posted their biggest ...
Tencent Holdings quarterly profit
Chinese internet giant Tencent Holdings Ltd.'s fourth-quarter net profit rose 2.7 times to a record 59.302 billion yuan ($9.09 billion), up from 21.582 billion yuan in the same period in 2019.
The figure was booste...
Production shutdown
Toyota Motor (NYSE:TM), Honda (T:7267) Motor (NYSE:HMC) and Samsung (KS:005930) Electronics (LON:0593xq) said production problems as bad weather, blocked ports and the ongoing impact of Covid-19...
Empty flats in New York City
The pandemic has emptied the city and rental prices have fallen to their lowest levels in years. But according to a new report, New Yorkers may have trouble finding these flats on the market.
New York landlords are remo...
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...
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.
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