Volvo to Go All Electric by 2030
Volvo has announced plans for its entire car line-up to be fully electricby 2030, all of which will only be sold online. The Swedish carmaker said 50% of its global [...]
United Airlines Adds 25 Planes to its Order for Boeing 737 Max
United Airlines has announced plans to add 25 planes to its order for Boeing 737 Max jets, bringing itstotal to 180in the coming years. The airline expects to receive 24 [...]Global Markets; Wallstreet, Stimulus Package, Buffet's Annual Letter, Vaccine News, Zoom Earnings
Wallstreet Major indices in the US stock markets closed higher on Monday mainly driven by positive economic data, the progress on the $1.9 Trillion stimulus package and the news around the [...]
Saudi Central Bank spruces its systems with a new payment platform
Saudi Central Bank has launched Sarie, an instant payment system, to promote the national payments' ecosystem and enhance its infrastructure According to the Saudi Central Bank Governor Dr Fahad bin [...]
Robinhood Eyes a Confidential IPO in March 2021
Trading platform Robinhood Markets Inc is considering confidential Initial Public Offering in March 2021. According to a Bloomberg report, the fintech held discussions with underwriters last week, planning to submitted [...]Oil Prices Rally after the U.S House of Representatives Pass New Bill
Oil prices rallied more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a drop in China’s February factory activity growth capped gains. [...]
Global Markets; Wallstreet, Major News Highlights
Major stock markets in the United States closed mixed on Tuesday with the Dow Jones closing 0.05% higher while the Nasdaq 100 lost 0.22% as the SP 500 closed 0.13% [...]Apple tops global smartphone sales
Apple, a US multinational technology company with its base in California, has overtaken Samsung and Huawei to reclaim the top spot in global smartphone sales for the first time in [...]United Airlines Japan Ground Boeing 777 after Engine Failure
United Airlines and Japan have grounded their Boeing 777s powered by the same Pratt and Whitney engine, the PW4000. This comes after one of the planes suffered an engine failure over the weekend. United Flight [...]IFC Appoints Makhtar Diop as Managing Director and Executive Vice President
The IFC (International Finance Corporation), an arm of the World Bank Group that advances economic development and improves people's lives by encouraging the growth of the private sector in developing [...]Samsung dominates tablet sales in Europe, Middle East, Africa- IDC
Samsung Electronics, a South Korean tech giant, was the top tablet vendor in Europe, Middle East and Africa (EMEA) in Q4, 2020, a report shows. Shortages and price hikes in [...]Global Markets; Berkshire News, Citi's $900M Mistake, Earnings, Ford EV Plans
Wallstreet The US stock markets closed mixed on Wednesday as investors keenly followed the developments around vaccination efforts across the world and the impact this would have on the global [...]
