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Deutsche Telekom prepares sale of radio tower business
Investments

Deutsche Telekom prepares sale of radio tower business

Deutsche Telekom (OTC: DTEGY) hopes to sell its radio tower business as early as the first quarter of next year, the Handelsblatt reported on Sunday, citing unnamed sources familiar with the matter.

December 21, 2021• 1 min
Exxon bids on oil blocks in Brazil
Commodities

Exxon bids on oil blocks in Brazil

Exxon Mobil Corp (NYSE: XOM) is ready to bid on new blocks in Brazil's deep-sea oil fields on Friday, a focus area for growing its oil and gas production, according to people familiar with the matter.

December 18, 2021• 2 min
Pfizer promotes COVID-19 pill.
Investments

Pfizer promotes COVID-19 pill.

On Tuesday, stocks fell globally and the US dollar rose to nearly a week-long high as investors nervously watched the Omicron coronavirus spread and anticipated numerous central bank decisions coming this week.

December 15, 2021• 3 min
The biggest surprises for cannabis investors in 2021
Cannabis

The biggest surprises for cannabis investors in 2021

There are still three weeks left in 2021, but it's pretty clear that after starting the year with so much price momentum and strong fundamentals, cannabis stocks are likely to end the year lower. The New Cannabis Ventures Global Cannabis Stock Index, which is …

December 13, 2021• 7 min
Malaysia sues Dyson suppliers
Politics

Malaysia sues Dyson suppliers

Malaysia has charged Dyson supplier ATA IMS with four labor law violations related to the accommodation of workers as authorities investigate complaints about forced labor, it said on Saturday.

December 12, 2021• 2 min
Wells Fargo raises four stocks of cannabis
Cannabis

Wells Fargo raises four stocks of cannabis

Wells Fargo analyst Chris Carey commenced coverage of four cannabis stocks on Thursday, with Scotts Miracle-Gro Co. receiving the most bullish comments, a sign of Wall Street's growing interest in the sector.

December 11, 2021• 2 min
Intel wants to bring Mobileye to the stock exchange
Investments

Intel wants to bring Mobileye to the stock exchange

Intel Corp (INTC.O) said Monday that it plans to publicize the self-driving car unit Mobileye in the United States in mid-2022, a deal that could value the Israeli unit at more than $ 50 billion, one said person familiar with the matter told Reuters.

December 10, 2021• 2 min
Samsung merges mobile phone and consumer electronics divisions
Investments

Samsung merges mobile phone and consumer electronics divisions

Samsung Electronics Co. Ltd. will merge its mobile and consumer electronics businesses, the company announced on Tuesday, and named new co-bosses in the largest restructuring since 2017 to simplify its structure and focus on the logic chip business.

December 9, 2021• 3 min
Potash producer stocks rise
Investments

Potash producer stocks rise

Shares in global potash producers rose Thursday after the United States imposed sanctions on the Belarusian exporter, which accounts for 16% of world production, as well as wide-ranging sanctions on other companies in the country.

December 7, 2021• 2 min
Demand for the iPhone 13 series weakened
Investments

Demand for the iPhone 13 series weakened

Apple Inc. has told its suppliers that demand for the iPhone 13 has slowed, Bloomberg News reported Wednesday, a move that signals a waning consumer interest in the usually coveted latest upgrades.

December 6, 2021• 2 min