Archive for Tag: Trade Ideas

Hyundai Motor

Hyundai Motor Group names new chief for mobility division

Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named an outsider as its chief following his tenure with global tech giants such as Apple Inc and Microsoft . Song Chang-hyeon will lead the newly established Transportation-as-a-Service (TaaS) division,...

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Ireland launches inquiry into Facebook after reports of data leak

Ireland’s Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc , after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public. Facebook said in a blog post last week that “malicious actors” had obtained...

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SAP shares

SAP shares pop on preliminary Q1 results, raised full-year guidance

SAP AG UP 4.09% AT 116.27 In Q1, SAP (NYSE: SAP) achieved its highest order entry growth across cloud and software in five years. The company expects €6.35B versus the €6.3B consensus and EPS of €0.88 IFRS or €1.40 non-IFRS. The EPS figures are up 29% and 63% on...

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Prosus raises $14.7 billion from Tencent sale in world’s largest block trade: sources

Dutch-based technology investor Prosus NT has sold a 2% stake in Chinese tech giant Tencent at HK$595 per share to raise $14.7 billion in the world’s largest block trade, according to two sources with direct knowledge of the matter. The sources could not be named as the information had...

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Microsoft Corp

Microsoft says an outage with Microsoft 365 services resolved

Microsoft (NASDAQ:MSFT) UP 2.48% AT 242.35 Microsoft Corp said on Thursday it has resolved an issue with its Microsoft (NASDAQ:MSFT)365 services and features, including workplace messaging app Teams and Azure, after many users were unable to access them. Microsoft said in its status page that the Domain Name System...

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Deutsche Bank CEO

Deutsche Bank CEO willing to give up investment bank oversight role

Deutsche Bank (DE: DBKGN) DOWN 0.48% AT 12.34 Deutsche Bank(DE: DBKGN)CEO Christian Sewing, is willing to give up his role overseeing the investment bank in the foreseeable future, a person with knowledge of the matter said on Friday, a move likely to reassure regulators. Germany’s biggest bank is one...

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TOP 5 STOCKS TO WATCH OUT TODAY 23 MARCH 2021 is to cut its stake in British food delivery company Deliveroo to 11.5% in its upcoming initial public offering from 15.8% previously, according to a prospectus published by the company. Deliveroo this week began roadshows for a London IPO and set a price range of between 3.90 and...

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Sustainability-linked bond market to swell up to $150 billion: JPMorgan ESG DCM head

JPMorgan (NYSE:JPM) DOWN 4.96% AT 66.71 The market for bonds that are linked to companies meeting certain environmental goals could grow 20-fold this year to between $120 billion and $150 billion, a senior JP Morgan banker said, as businesses look to tap into booming demand. COVID-19 has boosted interest...

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