October 22, 2019 7:16 am
Facebook Inc (FB) said over the weekend that its digital currency project Libra could use cryptocurrencies based on national currencies instead of using the initially proposed synthetic currency. Facebook shares closed higher for the seventh time in the past eleven trading sessions on NASDAQ on Monday. It has also been the sharpest daily surge since […]
Read moreOctober 21, 2019 7:57 am
According to a statement by China’s Ministry of Industry and Information Technology last week, Tesla Inc (TSLA) was added to a government list of approved automotive manufacturers. The US electric car maker was granted the required certificate so that it can begin producing in the Asian country. Tesla shares closed lower for the fourth time […]
Read moreOctober 18, 2019 8:35 am
According to a report by Reuters, citing an internal memo by Citigroup Inc (C), the Wall Street bank has appointed Peter Babej, currently the global head of its financial institutions group, as its next Chief Executive Officer for the Asia Pacific region. Babej has taken part in several Asia-focused merger and acquisition transactions in the […]
Read moreOctober 17, 2019 9:05 am
The EU antitrust regulator has ordered Broadcom Inc (AVGO) to stop exclusivity deals with TV and modem manufacturers while an investigation is underway with the aim to determine if such agreements are meant to obstruct competitors. Broadcom shares closed lower for the fifth time in the past thirteen trading sessions on NASDAQ on Wednesday. The […]
Read moreOctober 17, 2019 7:34 am
Neptune Wellness Solutions Inc (NEPT) said on Wednesday that it had initiated processing biomass by using a new cold ethanol technology at its facility in Sherbrooke, Quebec. This new technology is expected to be up to five times faster and to consume up to two times less energy compared to Neptune’s current CO2 technology. Shares […]
Read moreOctober 16, 2019 9:51 am
According to a report by Reuters, citing sources with direct knowledge of the matter, Exxon Mobil Corp (XOM) is to offer its expertise and technology to India’s Oil and Natural Gas Corp Ltd (ONGC) in order to facilitate development of its resources in offshore blocks. Exxon Mobil shares closed higher for a fifth consecutive trading […]
Read moreOctober 16, 2019 7:19 am
Data by market research company eMarketer showed on Tuesday that Alphabet Inc’s Google was still a dominant player in the search ad market in the United States, while Amazon.com Inc is likely to expand its presence fast. Alphabet shares closed higher for a fifth consecutive trading session on NASDAQ on Tuesday. It has also been […]
Read moreOctober 15, 2019 9:57 am
Orion Engineered Carbons SA (OEC), an international supplier of specialty and high-performance Carbon Black, said on Monday that it had appointed Lorin Crenshaw as the next Chief Financial Officer of the Orion group. Crenshaw is to assume the new role on November 4th. Shares of Orion Engineered Carbons closed lower for the sixth time in […]
Read moreOctober 15, 2019 7:43 am
According to an announcement by the US Office of the Comptroller of the Currency on Friday, Citibank is to pay a fine of $30 million, as it repeatedly violated real estate holding rules and did not manage to meet its commitment to take corrective actions. Citigroup shares closed higher for a fourth consecutive trading session […]
Read moreOctober 14, 2019 8:16 am
United Airlines Holdings Inc (UAL) announced on Friday that cancellations of Boeing 737 MAX flights would be extended until January 6th, since proposed software changes to the globally grounded jet are still extensively reviewed by regulatory authorities. Previously, United’s 14 Boeing 737 MAX 9 jets were pulled off its flight schedule until December 19th. United […]
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