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Monday, October 19, 2020
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Economic
The United States has entered an agreement with drugmaker Moderna Inc to acquire 100 million doses of its potential coronavirus vaccine for approximately $1.5bn, the company and White House said.
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Apple's market value has been on the rise following strong results and the upbeat outlook for tech giants.
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One day after the CEOs of Amazon, Facebook, Apple and Google were grilled by Congress about whether their companies are too powerful, the businesses posted earnings results that showed they are only getting more dominant amid the pandemic.
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State oil giant Saudi Aramco's profit has plunged 73 percent in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world's biggest oil exporter.
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Amazon.com Inc on Thursday posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged during the coronavirus pandemic.
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United States President Donald Trump moved to reimpose 10 percent tariffs on some Canadian aluminium products to protect US industry from a "surge" in imports, angering Ottawa and some US business groups.
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Apple Inc on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as consumers working and learning from home during the COVID-19 pandemic turned to its products and services.
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TikTok, the embattled video-sharing app that's found itself at the center of Washington-Beijing tensions, is setting up its first data center in Europe with a 420 million euros ($500 million) investment in Ireland, the company announced.
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Alphabet Inc.'s revenue fell for the first time ever as the coronavirus pandemic and ensuing economic fallout forced advertisers to pull back spending.
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Apple Inc. became the world's most valuable company with its market value overtaking Saudi Aramco in the wake of better-than-expected earnings.
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