Finanças

Reserve Bank of New Zealand keeps Official Cash Rate at 1 percent

Reserve Bank of New Zealand keeps Official Cash Rate at 1 percent

The Pound New Zealand Dollar (GBP/NZD) exchange rate held steady this morning, with the pairing now trading around NZ$2.01 as the risk-sensitive " Kiwi " continues to be held back by rising concerns o...

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Virus death toll nears 1,400 in China, with 5,090 new cases

Virus death toll nears 1,400 in China, with 5,090 new cases

The changes in detection methods have boosted the number of total confirmed cases across China to about 60,000, and by an additional 15,000 to more than 48,000 in Hubei province, where the death t...

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Google and EU Engage in Courtroom Battle

Google and EU Engage in Courtroom Battle

European Competition Commissioner Margrethe Vestager, who has taken a tough line against Google, Apple and other dominant tech companies, is due to present the paper next month. Thomas Höppner, a lawy...

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Hyundai & Kia To Work With Canoo On Future EV Platform

Hyundai & Kia To Work With Canoo On Future EV Platform

Just recently, the company announced that it partnered up with Canoo , a company that specializes in making EVs and vehicle architectures. By ensuring that every component of the platform is fulf...

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Jeff Bezos' Sales of Amazon Stock Reach $3.45 Billion in a Week

Jeff Bezos' Sales of Amazon Stock Reach $3.45 Billion in a Week

Last week Jeff Bezos sold a total of 1.7 million shares of his Amazon stockholdings, worth some $3.45 billion. Amazon CEO Jeff Bezos has sold over $ 4 billion worth of Amazon shares in the past fe...

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Airbus reports net loss of 1.36bn euros for a year ago

Airbus reports net loss of 1.36bn euros for a year ago

Revenues increased by 10.7 percent to 70.48 billion euros, "mainly driven by the higher commercial aircraft deliveries and a favourable mix at Airbus, and to a lesser extent the favourable exchange r...

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Its stock going gangbusters, Tesla plans $2bn share sale

Its stock going gangbusters, Tesla plans $2bn share sale

Tesla's shares were down roughly 1% in morning trading, retracing losses after sliding as much as 7% in premarket trading. Its market capitalisation is now worth more than the value of General Motors...

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Jeff Bezos buys lavish Beverly Hills estate for record $165m

Jeff Bezos buys lavish Beverly Hills estate for record $165m

The house is spread over 13,600-square foot and has many terraces, gardens, two guesthouses, a swimming pool, tennis court, and a nine-hole golf course! Citadel founder Ken Griffin plunked down record...

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SoftBank-Backed Online Store Brandless Shutting Down

SoftBank-Backed Online Store Brandless Shutting Down

As part of the closing, Brandless is laying off 70 employees, while 10 employees remain onboard to assist with winding down operations. The organization's short run will not come as a complete surpr...

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Coronavirus: Singapore bank evacuated after worker falls ill

Coronavirus: Singapore bank evacuated after worker falls ill

Among the popular places from where coronavirus cases have been reported is the Resorts World Sentosa Casino, where one case is a Bangladeshi worker, according to media reports. Some companies, includ...

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CN Rail threatens to close network over blockades

CN Rail threatens to close network over blockades

In an email, Natacha Gouveia, a spokesperson for food company Danone, said they had yogurt sitting on freight trains and expected the blockades to impact their ability to deliver to western Canada. Tu...

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Barclays CEO under investigation over links to Jeffrey Epstein

Barclays CEO under investigation over links to Jeffrey Epstein

The relationship ended in late 2015, Staley said. But several questions remain unanswered, including why the Barclays boss continued the relationship despite Epstein's conviction. But it said the FC...

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Bombardier sells off A220 stake, ending C Series chapter

Bombardier will no longer be required to make investments of approximately $700 million U.S. in the commercial jet program. Airbus can buy out Quebec in 2026, three years later than before. The wing...

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Britain Third-Fastest Growing Economy in G7 Despite Brexit and Gloomy Predictions

Britain Third-Fastest Growing Economy in G7 Despite Brexit and Gloomy Predictions

The ONS's head of GDP said: "There was no growth in the last quarter of 2019 as increases in the services and construction sectors were offset by another poor showing from manufacturing , particula...

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German carmaker Daimler reports falling profits for fiscal 2019

German carmaker Daimler reports falling profits for fiscal 2019

Daimler said its net profit fell to €2.7 billion, down from €7.6 billion the year earlier, despite record deliveries of Mercedes cars that saw the brand retain its title as the world's top-selling pr...

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'She Will Flee to Russia': Portugal Freezes Richest African Woman's Accounts

'She Will Flee to Russia': Portugal Freezes Richest African Woman's Accounts

Dos Santos, who lives in London, says she's the victim of a politically motivated witch hunt. Last month, Angola named dos Santos a formal suspect over allegations of mismanagement and misappropriat...

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Facebook Acquires Computer Vision Startup Scape Technologies

Facebook Acquires Computer Vision Startup Scape Technologies

Filings with Companies House Jan. 24 revealed that Facebook directly or indirectly holds 75% or more of the shares in the company and that Scape board members Toby Coppel and George Henry de Frahan ...

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Retail inflation spikes to 7.59% in January; December IIP at -0.3%

Retail inflation spikes to 7.59% in January; December IIP at -0.3%

Mining output rose 5.4% in December compared to a growth of 2.7% in November. Food price inflation for January 2020 stood at 13.63 per cent, in comparison to (-) 2.24 per cent recorded in January 2019...

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Brussels chief Brexit negotiator slams UK PM for backlashing on European Union rules

Brussels chief Brexit negotiator slams UK PM for backlashing on European Union rules

European Commission president Ursula von der Leyen pointed out that even Australia wants a better trading relationship with the bloc than the one it now has. Both sides have said they want to avoid ...

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Non-subsidised LPG cylinder rates hiked sharply across metros

Non-subsidised LPG cylinder rates hiked sharply across metros

Indian Oil Corporation, which supplies almost 30 lakh of these cylinders daily across India under the brand name Indane Gas, had last revised the price of LPGs on January 1, 2020. The Indane gas deliv...

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Coronavirus outbreak: Global smartphone output may drop to 5-year low

Coronavirus outbreak: Global smartphone output may drop to 5-year low

Researchers at Canalys report that the scheduled suppliers, the launch of new products will be cancelled or postponed. In 2019, the Chinese economy grew at its worst pace in 29 years, expanding 6....

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Singapore bank DBS evacuates 300 staff after coronavirus case surfaces - memo

Singapore has reported 47 coronavirus cases, one of the highest tallies outside China, including mounting evidence of local transmission. The employee was reportedly tested for the virus on Tuesday...

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European Union open to 'unique' trade deal with post-Brexit UK

Von der Leyen also pointed out that there were also stringent level playing field conditions to ensure high standards in that deal. A report by audit firm Ernst & Young in 2019 denotes that financia...

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Workers Return to Giga Shanghai After Shutdown Due to Coronavirus

Workers Return to Giga Shanghai After Shutdown Due to Coronavirus

Tesla reopened its Shanghai factory on Monday, the Japanese publication The Asahi Shimbun reported . Global Times points out that while the factory is back up and running, production will pr...

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Just Announced: T-Mobile and Sprint Are Approved to Merge

Judge Victor Marrero in NY said he believed the new T-Mobile would continue to compete aggressively with Verizon and AT&T, the industry giants whose size it now rivals. The states suing T-Mobile a...

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N26 to cancel all United Kingdom accounts as Brexit effect takes its toll

N26 to cancel all United Kingdom accounts as Brexit effect takes its toll

The Berlin-based digital bank will close United Kingdom accounts on April 15, N26 said in a statement Tuesday. However, there are no signs as yet of any other challenger or bigger banks following ...

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Fed chief voices concern over deficits and coronavirus

Fed chief voices concern over deficits and coronavirus

Coronavirus, which has killed more than 1,000 people, has prompted the world's largest-known quarantine effort and slowed large portions of China's economy, disrupting travel and commerce worldwide. P...

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Google's HR chief to step down amid growing employee tension

Google's HR chief to step down amid growing employee tension

Tensions between Google's top brass and employees started growing in 2018, after a report revealed that Android co-founder Andy Rubin was given a $90 million "exit package" , despite strong evidenc...

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Crude Struggling to Stay Above $50 as China Demand Slips

Crude Struggling to Stay Above $50 as China Demand Slips

Worries over supply were not alleviated on Friday when Russian Federation said it needed more time to decide on a recommendation from a technical committee that has advised the Organization of the Pet...

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Global power-related CO2 emissions flatten after 2-year rise-IEA

Global power-related CO2 emissions flatten after 2-year rise-IEA

In advanced economies, 85% of the decline in emissions came from the power sector. CO2 emissions in the United States for example fell by 140 million tonnes and are now at their lowest levels since ...

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