Palo Alto’s Tesla stocks snap massive rally after slash in Model Y prices

15-07-2020
On Monday, the e-vehicle industry behemoth Tesla Inc. had shrugged off as much as 3.1 per cent a day after gaining over 10 per cent

UK to spend $890 million on EU border infrastructure

14-07-2020
On Sunday, the UK Cabinet Secretary Michael Gove said in an interview with the BBC that Britain was going to spend a whooping upsum of $890 million on EU border infrastructure

S&P 500 and Nasdaq plummet as California Governor orders re-closure

14-07-2020
On Monday, key indices of Wall St. had winded down the day sharply lower with Nasdaq leading the losses

South African banks mull how to avoid debt defaults when pandemic relief ends

14-07-2020
South African lenders were looking into wide-ranging measures to prevail loan defaults when the pandemic relief bills end

Skin whitening creams remain online in Amazon, eBay, Alibaba despite mercury findings

14-07-2020
Mercury containing skin whitening creams kept popping up in major e-commerce sites despite the platforms' pledge to scrap the products

Plymouth e-vehicle startup Rivian raises $2.5 billion investment led by T. Rowe Price

13-07-2020
Tesla's smaller e-vehicle industry rival, Ford- and Amazon-backed electric vehicle start-up Rivian raised as many as $2.5 billion at its latest fundraising campaign

New York’s Moody’s says UK economy to contract over 10% in 2020, debts to surge

13-07-2020
Late on Friday, the New York-based global credit rating agency New York said that the UK economy would likely to shrink by 10 per cent this year

Telecom Italia excludes China’s Huawei from 5G core equipment tender

13-07-2020
Telecom Italia had excluded China's Huawei Technology at one of its tenders for core fifth-generation equipment to develop 5G networks in Brazil and Italy

Most Gulf bourses close higher as DAMAC lifts Dubai

13-07-2020
A slew of Gulf stock indices had winded down Sunday market with a fairly upbeat tone, while a rise of 2% in crude oil futures' prices on Friday appeared to have offset lingering concerns related to the pandemic's fiscal fallouts

Apple supplier Foxconn to invest $1 billion in India

13-07-2020
On Friday, sources familiar with the issue had told that the iPhone assembler Foxconn was going to invest as many as $1 billion at its Chennai assembling plant

Seattle retailer Amazon bans, then unbans TikTok app from employee mobile devices

13-07-2020
On Friday, in the span of a few hours, the Seattle retailer Amazon.com Inc. banned and then unbanned the TikTok app from its employees' mobile devices

California’s Tesla Chief Elon Musk overtakes Buffet as world’s 7th-richest man

12-07-2020
On Friday, the Tesla Inc. boss Elon Musk had overtaken Warren Buffet as the world's seventh-richest man to date

Italian-American carmaker FCA to recall 900,000 US vehicles over faulty air bag cover

12-07-2020
Late on Friday, the London-based Italian-American carmaker, Fiat Chrysler, said in a statement that it would recall more than 900,000 vehicles in the United States due to faulty air bag covers

Oil climbs as International Energy Agency boosts demand forecast

12-07-2020
On Friday, both US and UK crude futures' prices gained as much as 2 per cent following an upbeat demand forecast from the IEA

US slaps French goods with 25% added duties, but delays effective date

12-07-2020
Late on Friday, the office of USTR Robert Lighthizer had told in a statement that the United States had decided to incline a 25 per cent added tariffs on French-borne goods

Seattle retailer Amazon sets off UPS & FedEx style delivery trucks

12-07-2020
Amazon.com Inc., the world's largest online retailer had rolled out a new fleet of delivery trucks that would be able to carry much-bigger and -heavier boxes

New Jersey to borrow up to $9.9 billion under debt-deal

11-07-2020
Late on Friday, the New Jersey state Governor Phil Murphy said that the fiscally embattled US state would borrow up to $9.9 billion under debt agreement

Wall St. surges as Gilead data offset pandemic worries; Nasdaq hits record closure

11-07-2020
All three key indices of Wall St. had registered robust gains on Friday with Dow and S&P paring yesterday's loss and Nasdaq reporting another record closing high

European shares snap three-day long losing run on upbeat economic data

11-07-2020
On Friday, European stock indices had rounded off the day in a robust texture following reveal of upbeat economic data from Milan and Paris

Trump says he's not thinking about a “Phase 2” China deal, relation severely plagued

11-07-2020
US President Donald Trump said late on Friday that he was not currently thinking about a Sino-US Phase 2 trade deal

US weekly jobless claims near four-month lows; millions drawing unemployment paycheck

11-07-2020
For the week that ended on June 4th, US initial Jobless claims dropped by 99,000 to a seasonally adjusted 1.314 million

Google may ward off EU antitrust probe into $2.1bn Fitbit deal with data pledge

10-07-2020
Google might be able to avert a full-scale investigation of EU antitrust regulator over its $2.1 billion Fitbit buyout deal by pledging not to use Fitbit's consumers' data for Google ads

Canada eyes longer-term bonds as budget deficit to hit post-World War II level

10-07-2020
On Wednesday, a Canadian Government official said that the country was looking to issue longer-bonds as the nation's fiscal 2020-21 budget deficit set to hit post-WW II levels

California’s Google scraps cloud project in China, other sensitive regions

10-07-2020
On Wednesday, a Bloomberg News had reported that the CA-based world's No.1 internet service provider Google LLC. had scrapped its new cloud computing project in China

Santa Clara’s Nvidia Corp. eclipses Intel as the most valuable US chipmaker

10-07-2020
On Wednesday, at a breakthrough trading session for the US semiconductor industry, Nvidia Corp. surged as much as 2.3% to storm past the market cap of Intel Corp., eventually becoming the most valuable US chipmaker