Stock market news

Alibaba Group Holding logo 26.11.21
Alibaba Group Holding

Alibaba Group CEO Daniel Zhang has been delegating more and more authority to business unit heads in recent months so that they can speed up decision-making and better face competition, sources told the Wall Street Journal. The change in management model reverses the centralization process that was initiated three years ago to realize the "Alibaba economy" c...
Source: {source} pictogram wsj.com
Roche Holding logo 26.11.21
Roche Holding

Roche shareholders approved the buyout of 53.3 million or 33% of the company from Novartis for $20.7 billion. Upon completion of the buyout, the company will redeem these shares, thereby reducing its share capital. The deal is scheduled to close at the end of December 2021.
Source: {source} pictogram roche.com
TCS Group Holdings logo 26.11.21
TCS Group Holdings

Tinkoff Group acquired 51% in Jump.Finance, which developed a fintech service for automation of settlements and interaction with freelancers. The service will now become available to all clients of Tinkoff Business immediately after opening a current account. The terms of the deal are not disclosed.
Source: {source} pictogram tass.ru
Federal Grid Company Unified Energy System logo 26.11.21
Federal Grid Company Unified Energy System

FGC UES's IFRS net income for 9M 2021 was ₽54.731 billion, down 6.4% from ₽58.5 billion in the previous year. Revenue increased 5.4% to ₽185.699 billion compared to ₽176.162 billion a year earlier.
Rosseti logo 26.11.21
Rosseti

Rosseti's IFRS net income for 9M 2021 amounted to ₽104.801bn, up 34.6% from ₽77.872bn in the previous year. Revenue increased 11.1% to ₽798.811 billion compared to ₽719.317 billion a year earlier.
Source: {source} pictogram rosseti.ru
BYD Company logo 26.11.21
BYD Company

BYD received an order from Finnish public transport operator Nobina for 42 13-meter and 28 15-meter electric buses. Thanks to new iron-phosphate battery technology, both models have a range of more than 400 km without recharging. The vehicles are scheduled to begin operating in Finland in the summer of 2022.
Royal Dutch Shell logo 26.11.21
Royal Dutch Shell

Shell and NIO will build a network of charging stations and battery exchange points for electric cars around the world. The partners plan to install 100 battery replacement stations in China by 2025 and launch pilot stations in Europe starting in 2022. Shell's charging network in Europe will also be available to NIO car owners.
NIO logo 26.11.21
NIO

NIO and Shell will build a network of charging stations and battery exchange points for electric cars around the world. The partners plan to install 100 battery replacement stations in China by 2025 and launch pilot stations in Europe starting in 2022. Shell's charging network in Europe will also be available to NIO car owners.
NIO logo 26.11.21
NIO

Nio plans to start selling its electric cars in five more European markets in 2022. The company has already opened a showroom in Norway called Nio House, where every fourth customer who test-drove the company's electric car purchased it. This figure was higher than in China.
New Oriental Education & Technology Group logo 26.11.21
New Oriental Education & Technology Group

BlingABC, owned by New Oriental Education, has begun offering online Chinese language courses in the United States. The courses meet the international language proficiency standard for Chinese education.