06 January

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China’s services sector expands at a slower pace – Caixin PMI

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BEIJING (Reuters) - China's services sector activity expanded at a slower pace in December, a private sector survey showed on Wednesday, as sporadic coronavirus outbreaks tempered the recovery in consumer confidence and weighed on new business growth. The Caixin/Markit services Purchasing Managers' Index (PMI) eased to 56.3, a three-month low, in December from 57.8 in November, but remained well above the 50-mark...

06 January

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Google to add App Store privacy labels to its iOS apps as soon as this week

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(Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google said on Tuesday it will add App Store privacy labels to applications using the iOS operating system from Apple Inc (NASDAQ:AAPL) as soon as this week or by next week. The new policy requires developers to disclose how data is collected from App Store users and used to track them, a Google spokeswoman said, confirming...

06 January

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UK lockdown causes biggest drop in new car sales since World War Two

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By Costas Pitas LONDON (Reuters) - British new car sales fell nearly 30% last year in their biggest annual drop since 1943 as lockdown measures to curb the spread of the coronavirus hit the sector, a trade industry body said on Wednesday. Demand stood at 1.63 million cars in 2020, preliminary data from the Society of Motor Manufacturers and Traders (SMMT)...

06 January

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Japan service-sector activity falls for 11th month in December – PMI

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TOKYO (Reuters) - Activity in Japan's services sector extended its run of declines to the 11th month in December, a private sector survey showed, as a new wave of coronavirus infections led to a contraction in business conditions. The data comes after Japan's government in December cut its view on private consumption, which contributes about 55% of the country's gross domestic product,...

06 January

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Samsung Q4 profit likely up 33% on chip, display panel sales

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By Joyce Lee SEOUL (Reuters) - Samsung Electronics (LON:0593xq) Co Ltd's December-quarter profit likely rose by a third, as remote working and TV-watching during the pandemic fuelled demand for chips and display panels, offsetting weaker smartphone sales, analysts said. Profit likely rose 33% to 9.5 trillion won ($8.75 billion) from the same period a year earlier, according to Refinitiv SmartEstimate, based on...

06 January

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Self-driving software startup Oxbotica raises $47 million in latest funding round

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By Nick Carey LONDON (Reuters) - Self-driving software startup Oxbotica said on Wednesday it has raised $47 million in its latest funding round led by the venture arm of oil giant BP (LON:BP) and including health and safety device maker Halma (LON:HLMA) Plc and Tencent (HK:0700). The startup, an Oxford University spin-out which develops autonomous systems that could...

06 January

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Exclusive: Trump signs order banning transactions with 8 Chinese apps including Alipay

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WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay. ...

06 January

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Roku Rallies on Street-High Price Target as Quibi Talks Underway

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By Christiana Sciaudone Investing.com -- Roku (NASDAQ:ROKU) rose 4% after getting a Street-high price target from Wells Fargo (NYSE:WFC), ahead of a potential acquisition of Quibi. The firm boosted its price target on the streaming provider to $414 from $275 as we keep streaming. Shares hit a record last month, after more than doubling...

06 January

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Georgia Results, U.S. Jobs, FOMC: 3 Things to Watch

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By Christiana Sciaudone Investing.com -- Thank you, Saudi Arabia. Markets rose thanks to surging oil prices after the Middle Eastern country said it would voluntarily cut output to offset a rise out of Russia and Kazakhstan. U.S. crude prices broke through the $50 per barrel resistance the first time in 11 months. Boeing (NYSE:BA) had a better day, too, leading industrials higher....

06 January

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Dow Higher as Soaring Oil Prices Boost Energy; Georgia Elections Eyed

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By Yasin Ebrahim Investing.com – The Dow closed higher Tuesday as rallying oil prices on a surprise Saudi production cut sent energy stocks soaring, but upside was limited by uncertainty over the outcome of the Georgia election run-offs. The Dow Jones Industrial Average rose 0.55%, or 167 points. The S&P 500 was up 0.71%, while the Nasdaq Composite added 0.95%. Energy stocks supported...

Меню

China’s services sector expands at a slower pace – Caixin PMI

Google to add App Store privacy labels to its iOS apps as soon as this week

UK lockdown causes biggest drop in new car sales since World War Two

Japan service-sector activity falls for 11th month in December – PMI

Samsung Q4 profit likely up 33% on chip, display panel sales

Self-driving software startup Oxbotica raises $47 million in latest funding round

Exclusive: Trump signs order banning transactions with 8 Chinese apps including Alipay

Roku Rallies on Street-High Price Target as Quibi Talks Underway

Georgia Results, U.S. Jobs, FOMC: 3 Things to Watch

Dow Higher as Soaring Oil Prices Boost Energy; Georgia Elections Eyed

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