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01 Apr, 2020
Ford's Future in the Automotive Industry Relies on Two Partnerships
After beating expected earnings a week ago, Ford Motor (F:NYSE) is trying to change the perception of it being a struggling Company. It is reportedly teaming up with Baidu (BIDU: NASDAQ) in China and Volkswagen (VLKAY: OTC) in efforts for elec..
Baidu Shares Rise on Better-than-Expected Earnings
Chinese internet giant Baidu, Inc. (NASDAQ: BIDU) on Tuesday announced third quarter earnings that beat analysts’ estimates, sending the shares up 3.6%.Chinese search company said total revenue rose 27% to RMB 28.2 Billion (USD 4.11 Billion) i..
Study shows 20% Growth of the Worlds Billionaires
This is something nobody ever wants to hear… the rich just keep getting richer. On Friday a study released by UBS and PwC revealed that the wealth of the world's billionaires increased 20% in 2017 to $8.9 trillion!China’s rich are l..
Baidu Shares Tumble After COO Qi Lu Steps Down
Baidu Inc. (NASDAQ: BIDU) on Friday announced that Qi Lu will step down from chief operating officer, sending the stock down more than 7 percent.Lu, a former executive at Microsoft, joined Baidu in January 2017. The company said Lu will no longer se..
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