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Market News

Tesla’s Chinese rival Nio fails to impress with IPO

Chinese carmaker NIO Inc. went public in New York today under the ticker symbol NIO but its IPO failed to…

Remove extremist posts in ‘one hour’ or face fine: Tech majors told

Fresh trouble is brewing for the American tech giants who were chastised recently by European regulators for privacy violations. On…

Apple Event LIVE: Say hello to iPhone XS, XS Max and the cheaper iPhone XR!

  Live updates from the Apple Special ‘Gather Round’ Event on September 12, 2018. Coverage began at 1 PM ET.…

Bank of England governor Mark Carney to stay until 2020

After the UK voted to come out of the European Union, the UK government has been keen on keeping the…

US job openings reach record high along with quits rate

The Labor Department’s monthly Job Openings and Labor Turnover Survey painted a picture of strength and worker confidence in the…

Boeing goes the extra mile as orders for 737 soar

The outlook for the aviation industry has never been so bullish, with companies thriving on the growing travel needs of…

Yamaha and Gogoro to build battery-swapping electric scooters

Yamaha has joined hands with Gogoro on battery-swapping electric scooters. The Japanese motorcycle manufacturer has set its footprint in the…

Alibaba deepens digital footprint in Russia with local tie-ups

At a time when the online marketplace is nearing saturation in terms of innovation, Alibaba (BABA) is taking things to…

Renesas set to acquire chipmaker IDT for $6.7 billion

Japanese firm Renesas Electronics announced its plans to buy US chipmaker Integrated Device Technology (IDTI) for $6.7 billion. The $49…

Sonos stock falls on weak Q3 results

Sonos Inc. (SONO) stock plunged more than 16% in the premarket session after the wider-than-expected third-quarter loss. Investors had widely…