News

Note: This section contains information in English only.
Sun, 18 Oct 2020 07:41:02 GMT

UK comments on Brexit

The UK Minister for Brexit Michael Gove stated on Sunday that the UK is well prepared for a no-deal Brexit.

Sun, 18 Oct 2020 07:24:20 GMT

American Airlines returns Boeing 737

On Saturday, American Airlines announced that the company would return to service two Boeing 737 Max airplanes.

Sun, 18 Oct 2020 06:16:46 GMT

Deloitte to close four offices in UK

As reported by the Financial Times on Saturday, Deloitte would permanently shut down four of its offices in the United Kingdom in the coming months.

Sun, 18 Oct 2020 05:02:07 GMT

Malaysia Airlines extends restructuring talks

Izham Ismail, the Chief Executive Officer of Malaysia Airlines, said in a memo to staff on October 16 that the parent Malaysia Aviation Group was still holding restructuring talks with creditors and lessors.

Sun, 18 Oct 2020 04:00:46 GMT

Russia, Saudi Arabia discuss OPEC+ agreement

According to a statement from the Kremlin on Saturday, Saudi Arabia's Crown Prince Mohammed bin Salman and the Russian President Vladimir Putin discussed OPEC+ agreement.

Sun, 18 Oct 2020 03:05:04 GMT

Second wave could risk euro zone's recovery

According to the ECB cabinet member Fabio Panetta, the second wave of the COVID-19 pandemic could hinder the euro zone's recovery.

Sat, 17 Oct 2020 20:59:25 GMT

Italy's PM to announce new COVID-19 measures

Giuseppe Conte, Italy's Prime Minister, will announce new rules to curb the spread of coronavirus on October 18, his office stated on Saturday.

Sat, 17 Oct 2020 19:41:06 GMT

Atlantia to sell stake in Telepass

Italy's Atlantia agreed on Saturday to sell 49% stake in Telepass worth $1.24B to Partners Group.

Sat, 17 Oct 2020 18:57:50 GMT

Fed calls for stricter regulation

The Boston Fed President Eric Rosengren said to the Financial Times on Saturday that tougher financial regulation is required to avoid appearance of bubbles in the markets.

Sat, 17 Oct 2020 18:32:08 GMT

Deloitte closes some offices in UK

Deloitte announced on Saturday that it would close four offices in the United Kingdom amid cost-cutting program and move employees to distant work.

Sat, 17 Oct 2020 17:04:18 GMT

Iran prolongs COVID-19 restrictions in Tehran

Iran has extended the COVID-19 restrictions in the capital city of Tehran, Tehran's province governor Anoushiravan Mohseni Bandpey announced on Saturday.

Sat, 17 Oct 2020 16:04:44 GMT

Lebanese Christian parties won't support Hariri

On Saturday, the Lebanese biggest Christian parties the Free Patriotic Movement and the Lebanese Forces announced that they would not support Saad al-Hariri as Lebanon's Prime Minister.

Sat, 17 Oct 2020 15:31:49 GMT

NZ's Ardern wins re-election

The Prime Minister of New Zealand Jacinda Ardern has won a historical landslide election, after her success at handling the country's coronavirus pandemic.

Sat, 17 Oct 2020 08:43:11 GMT

Kinross Gold considers moving listing

On Saturday, the Globe and Mail announced that Kinross Gold considers moving its primary listing to London.

Sat, 17 Oct 2020 08:11:39 GMT

Oil prices decline

Crude oil price benchmarks ended the week's trading with a decline, as demand was expected to decrease due to rising coronavirus cases.

Sat, 17 Oct 2020 07:25:40 GMT

US budget deficit increases

On Friday, the US Treasury announced that the coronavirus spending had resulted in a $3.132 trillion 2020 fiscal budget deficit.

Sat, 17 Oct 2020 06:00:48 GMT

US retail sales top expectations

US retail sales jumped as much as 1.9% in September, beating analysts' expectations and boosting optimism before the US presidential elections, according to the data released on Friday.

Sat, 17 Oct 2020 04:50:40 GMT

Uber considers Uber Elevate's partial sale

Uber Technologies is reviewing options for Uber Elevate, including partial sale or strategic partnerships, according to an Axios report.

Sat, 17 Oct 2020 04:34:36 GMT

Foxconn aims at supplying 3M EVs by 2027

Apple's main supplier Foxconn has set the target to provide its services and components to 10%, or about three million, of the global electric vehicles by 2027, entering talks with various automakers for future cooperation.

Sat, 17 Oct 2020 02:47:54 GMT

US factory output plunges in September

US manufacturing production dropped abruptly last month, marking slowing recovery from the coronavirus pandemic heading into the Q4.

Sat, 17 Oct 2020 00:00:51 GMT

UA to add new routes to Latin America

On Friday, United Airlines Holdings announced it would add extra flights and present eight new routes to 19 destinations in Mexico, the Caribbean and Latin America.

Fri, 16 Oct 2020 19:49:04 GMT

Crude oil prices edge lower

Oil prices edged lower on Friday. The US WTI crude futures for November delivery declined by 1.7%, to $40.30 per barrel, while Brent crude futures for December fell by 1.7%, to $42.43 a barrel at 12:26 GMT.

Fri, 16 Oct 2020 19:03:46 GMT

US stocks open higher

On Friday, Wall Street's main indexes edged higher, as Pfizer Inc announced that it would apply for US approval of the Covid-19 vaccine in the third week of November.

Fri, 16 Oct 2020 17:58:57 GMT

Johnson comments on Brexit

The British Prime Minister Boris Johnson announced on Friday that the United Kingdom should get ready for a no-deal Brexit, as trade negotiations with the European Union stalled.

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