Last month’s system failure in the Tokyo Stock Exchange has caused the bourse’s operator wants to step down. Japan’s financial regulator faced rebuke following the disruption of the system that halted trading for an unprecedented full-day.
Tesla applied for the Shanghai-made Model Y SUV sales permission earlier this month and got the permission to start sales.
During the pandemic, China has been revising its trade agreements with different countries to meet the new world order.
S&P Global has agreed to buy IHS Markit in a mega all-stock deal.
Investors are expecting a massive capital inflow to Tesla shares over its entry to the S&P 500. Analysts say that even fund managers like Vanguard and Fidelity will be forced to seek exposure to the electric car company.
It comes only a year after Ripple announced its partnership with MoneyGram getting a 17% stake in the company’s outstanding shares. Over the last year, Ripple has reportedly paid around $52 million to MoneyGram.
The stricter social distancing norms and COVID-19 restrictions have pushed shoppers to turn online this holiday season. Adobe is expecting the biggest single-day sales ever in history during Cyber Monday.
The official opening of the Christian Doppler Laboratory took place yesterday, with the Austrian Federal Minister for Digital & Economic Affairs Margarethe Schramböck attending the event.
The US National Highway Traffic Safety Administration (NHTSA) opened an investigation of 115,000 Tesla vehicles over front suspension safety issues.
Baidu is demanding a payment of $20 billion for its stake in the video streaming platform as it controls approximately 56% of iQIYI.
Starting from 2021, a new antitrust unit by the UK government will launch a code to curb Google and Facebook dominance in the market. Moreover, technology companies will be required to be more transparent with the services they offer.
BT Group (LON: BT.A), a British Telecom Company has been said to have 47.2% upside potential, and ABN Amro Bank NV (AMS: ABN), a Dutch bank has been said to have an upside potential of 50.6%.
The US government has given ByteDance more time to finalize a TikTok deal.
On Thursday AstraZeneca said it would undertake a new global vaccine trial using the lower-dose regimen.
Deutsche Bank expects global GDP to return to pre-virus levels next year, it warns about challenges to economic recovery.