1.INTEL : Intel stock was down 1.7% in Friday’s premarket trading following a disappointing forecast for the ongoing financial year that hinted at ongoing loss of market share in providing data centers with silicon chips. and chief executive Pat Gelsinger’s comments indicating a stretched period for chip shortages. The company...
1.COCA-COLA :-Coca-Cola Co raised its full-year sales and profit forecasts on Wednesday, as demand rebounds for its beverages from the re-opening of theaters, restaurants and stadiums. Shares of the world’s largest soda maker rose 2% in early trading. Revenue in Coca-Cola’s North America business rose 28% in the second...
1. PFIZER: COVID-19 vaccine maker Pfizer Inc (NYSE: PFE) will meet with federal health officials as soon as Monday to discuss the need for a booster dose of the coronavirus vaccine as it prepares to seek authorization, the company said on Sunday. The meeting comes days after the drugmaker and...
1.VOLKSWAGEN:Volkswagen of America said it sold more than 211,000 cars in the first half of 2021, its highest level for the period in nearly 50 years, and is on pace to sell more than 400,000 this year, Chief Executive and President Scott Keogh said in a media briefing on...
1.CITIGROUP: Citigroup’s corporate and investment banking revenue for its Saudi Arabia business has “nearly tripled” since returning to the kingdom in 2018, a senior executive said on Thursday. Citi obtained a capital markets licence in 2017, allowing it to return to the kingdom in 2018 after a 13-year absence. It...
1.GOOGLE:An attorney for the U.S. The Justice Department said on Tuesday that he wanted depositions planned for August in an antitrust lawsuit against Alphabet’s Google to be live rather than on Zoom. The government hopes to question, or depose, three people in August, one Google employee and two people...
1.FACEBOOK: Australia’s competition watchdog is looking into a claim that Facebook Inc refused a publisher’s request to negotiate a licensing deal, the regulator told Reuters, setting the stage for the first test of the world’s toughest online content law. The Conversation, which publishes current affairs commentary by academics, said it...
1.VISA: Payments technology company Visa Inc said on Thursday it had signed a deal to buy European open banking platform Tink and would pay 1.8 billion euros ($2.15 billion) for the acquisition. The total financial consideration of 1.8 billion euros included cash and retention incentives, the company said. It said...
1.TESLA:Electric-vehicle maker Tesla Inc said on Wednesday it has opened its first charging station in China with its own solar and energy storage facilities. The charging station in Lhasa city will generate power from sunlight and store it in the energy storage facilities for electric vehicles to charge, the...