U.S. Tech Giants Targeted in Hefty EU Fines over Monopoly
Amazon, Apple, Facebook, and Google face hefty fines of between 6-10% under a draft EU law that seeks to curb their power in data and online platforms, reports Reuters. The…
Apple Plans 30% Boost in iPhone Production for First Half of Next Year
Apple plans to produce about 96 million iPhones for the first half of 2021, a 30% year-on-year increase, according to NIKKEI Asia. The company is also planning an aggressive production…
U.S. Congress Race to Pass Relief, Approve COVID-19 Emergency Aid
The U.S. lawmakers will this week try to end the impasse over federal budget priorities and coronavirus aid ahead of friday midnight deadline, Reuters reports. The House is yet to…
Apple Sends Teams to iPhone Factory in India after Weekend Protests
Apple has dispatched teams to investigate if its Taiwanese contractor Wistron Corporation flouted supplier guidelines at an iPhone manufacturing facility near the Indian city of Bangalore, reports SCMP. The move…
What Moved Markets Today: Friday FXAudit Review
China stocks hitting 5-month lows followed by news of potential no-deal Brexit. Rolls-Royce retained its 2021 guidance. Nio issuing 60 million shares and Disney announcements of Disney+ offerings. What were…
Disney Pulls Out Stops for Streaming Services with Disney+ Announcements, Hikes Price
Disney, on Thursday, made impressive Disney+ announcements with over 100 movies and shows connected to franchises like Star Wars, Marvel, FX, and National Geographic, reports CNBC. The company also plans…
Nio Trades Lower on 60 Million Share Offering. Here is What EV Investors Need to Know
Nio's stock traded 5.55% lower at $42.71 in premarket on Friday after it announced on Thursday evening an offering of 60 million ADSs of Class A ordinary shares, according to…
No-Deal Brexit Highly Likely, EU Commission Chief Says
"The probability of a no-deal is higher than of a deal," according to a European Commission (EU) official quoting the commission President Ursula von der Leyen remarks in an EU…
China Stocks Face Biggest Weekly Loss in 5 Months over Tensions with U.S.
China's blue-chip CSI300 index dropped 1.3% to 4,875.26 points and is on track to fall more than 3.7% for the week, the biggest weekly decline since July, while the Shanghai…
Rolls-Royce Sticks to 2021 Guidance, but Warns of Challenging Outlook
British engineering company Rolls-Royce has maintained its guidance to turn cash flow positive during the second half of 2021 despite warning of a challenging outlook, reports Reuters. The company also…
What Moved Markets Today: Thursday FXAudit Review
China’s diplomatic row with the U.S., followed by 17 U.S. states push to reverse Biden’s win. Apple and Google’s ban of X-Mode. Google and Adtech firms facing EU privacy complaints.…
Brent Oil Tops $50 for the First Time since March, Boosts Energy Sector
Brent crude exceeded $50 a barrel for the first time in nine months on hopes of a faster demand recovery following the release of COVID-19 vaccines. Energy Select Sector SPDR…
- Go to the previous page
- 1
- …
- 443
- 444
- 445
- 446
- 447
- 448
- 449
- …
- 465
- Go to the next page