Scottish exports
Scotch whisky exports fell 23% to 3.8bn pounds in 2020, the lowest in 10 years, due to the coronavirus pandemic and US duties.
According to the Scotch Whisky Association, the value of exports to the US, the largest intern...
Derivatives trading
Latin America's largest cryptocurrency exchange, Bitso, announced the acquisition of European crypto derivatives platform Quedex.
Quedex, like Bitso, is licensed by the Gibraltar...
Nvidia wants to buy Arm
US chipmaker Qualcomm has expressed its opposition to a possible acquisition of Arm by Nvidia, which last September said it was prepared to pay $40 billion ...
PayPal shares and targets
Shares in PayPal rose after the company announced plans to launch new financial services on its platform over the next two years, in particular stock trading and the creation of "high-yield savings ...
Japanese markets
Japan's Nikkei stock index fell on Friday, interrupting a four-day rally that lifted its value to a high of more than 30 years.
The Nikkei closed down 0.14 per cent to 29,520.07 points. The broader Topix index added 0.16% to 1,933....
Merchants will be given a run for their money
By 34 votes in favour to 13 against, the City Council passed Intro.1116-B, a bill proposed by Democrat Margaret Chin of Manhattan back in 2018 that would increase the street vending licenses issued by th...
Disney's profits
Disney posted higher revenues and profits, while analysts were expecting losses. The success of streaming services has helped offset the losses of theme parks.
Shares in Disney (DIS), up...
Fare hike postponed
The ongoing economic difficulties, Metropolitan Transportation Authority Chairman Patrick Foye said, will not lead to the fare increases for underground, buses and the two regional rail lines that were previously scheduled to tak...
Uber's Q4 results
Uber on Wednesday summarised its Q4 and full year 2020 results, reporting a modest recovery in taxi service trips and a 130% growth in delivery services.
Uber shares, which have shown a strong 102.4% rise over ...
Satellite internet service
Elon Musk's private company SpaceX has moved from beta testing its Starlink satellite internet service to a wider launch. Residents in the US, Canada and the UK can now pre-order the satellite internet service from the Sta...
Lyft earnings and forecasts
Lyft shares rose sharply after posting better-than-expected fourth-quarter results, although the number of active users of the taxi service is still down&nb...
Cryptocenter in Texas
London-listed mining company Argo Blockchain has announced the purchase of land in Texas to build a new data centre for bitcoin mining.
The company has signed a letter of intent with New York-based firm DPN. The document is fo...
U.S. stock market
US stock indices showed no unified dynamics in Wednesday's trading, with the Dow Jones Index hitting a record high.
The Dow Jones Industrial Average climbed 61.97 points (0.2 per cent) to 31437.8 points. The Standard Poor's 500 fe...
Partnerships between the companies
Palantir Technologies and IBM announced on Monday that as part of a partnership they will release Palantir for IBM Cloud Pak for Data software in March that will enable customers without technical skills to impleme...
Buying Glu Mobile
Electronic Arts announced a deal on Monday to acquire major mobile game developer Glu Mobile. As a result of the deal, Electronic Arts' mobile games business will double and the company expects to incr...
Toyota Motors' earnings
Japan's Toyota Motor Corp (T:7203). net profit rose 50%, or 1.5 times, to 838.7 billion yen ($8.02 billion) for the third quarter of fiscal 2021 (October-December), up from 55...
New high
Twitter shares rose after reporting Q4 revenues and profits above Wall Street forecasts. However, Twitter missed expectations for user growth and also reported a 20% increase in staff this year, which will increase total costs by more than ...
Conflict between the companies
Relations between Apple and Facebook have heated up over the past month as the social network is very unhappy with the new privacy rules that Apple plans to introduce starting with iOS 14.5 operating system.
Starting ...
Profit of Japan's SoftBank Group
Japan's SoftBank Group Corp. posted net income of 1.17 trillion yen (about $11 billion) in the third fiscal quarter, thanks to investments in Vision Funds, The Wall Street Journal reported.
The company had investmen...
Negotiations by the companies
Hyundai and KIA Motors (KS:000270) have denied media reports that they are allegedly in talks with Apple (NASDAQ:AAPL) to develop autonomous electric cars.
The South Korean carmaker notes that it has received requests ...
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