News

Note: This section contains information in English only.
Mon, 07 Sep 2020 15:23:36 GMT

Nestle set to meet sustainability target

Nestle increased the share of reusable or recyclable plastics to package its products to 87%, making significant progress toward its 100% target by 2025.

Mon, 07 Sep 2020 14:16:09 GMT

Orange rolls out 5G network in Spain

Orange, the French telecom giant, has launched the 5G service on Monday in Spain's five largest cities, soon after its competitor Telefonica offered its own service to the whole country.

Mon, 07 Sep 2020 13:37:39 GMT

Samsung to halt production at China TV plant

Samsung Electronics is set to stop production at the sole TV plant based in China by November's end, according to spokesman statement made on Monday.

Mon, 07 Sep 2020 12:24:48 GMT

Renault to launch new lines of Dacia cars

On Monday, the French carmaker Renault reveled its new lines of the two Dacia unit's vehicles, trying to recover after the COVID-19 pandemic.

Mon, 07 Sep 2020 09:42:05 GMT

IKEA enters US market

On Monday, IKEA announced that it would open its first shopping center in the US in San Francisco within a year.

Mon, 07 Sep 2020 09:37:13 GMT

Netherlands to invest €20B in economic growth fund

On Monday, the Dutch government announced it would invest €20B in infrastructure, education, and R&D projects during the following five years to boost the country's economy.

Mon, 07 Sep 2020 08:37:37 GMT

Sanofi France expects COVID-19 vaccine at 10 euros

Sanofi France's chief is expecting the coronavirus vaccine to be potentially priced at around 10 euro.

Mon, 07 Sep 2020 06:48:58 GMT

China's exports surge on economies reopening

China's exports surged for the third month in succession in August, as the majority of the country's trading partners eased the coronavirus lockdowns, boosting the recovery in the second-largest economy in the world.

Mon, 07 Sep 2020 06:34:21 GMT

Samsung Elec wins $6.6B for Verizon order

On Monday, Samsung Electronics stated it won a $6.64B worth order to provide Verizon with wireless communication solutions in the United States, marking the tech giant's major in the 5G network market.

Mon, 07 Sep 2020 05:14:56 GMT

NZ's general election campaign begins

New Zealand's government has dissolved Parliament on Sunday, as the official start of campaigning for the country's general election began.

Mon, 07 Sep 2020 03:55:27 GMT

Britain warns EU on Brexit

The British top Brexit negotiator David Frost said on Sunday that the United Kingdom wouldn't blink first in Brexit trade talks with the EU.

Mon, 07 Sep 2020 02:50:14 GMT

US SEC to review Rio Tinto whistleblower claims

According to the Financial Times report published on Sunday, the US Securities and Exchange Commission is reviewing a whistleblower complain against Rio Tinto over Oyu Tolgoi extension project.

Mon, 07 Sep 2020 01:20:55 GMT

Merkel faces pressure to reconsider Russia gas project

On Sunday, the German Chancellor Angela Merkel faced mounting pressure from Germany's politicians to reconsider the Nord Stream 2 project.

Sun, 06 Sep 2020 19:44:52 GMT

Canada extends rent-relief program

According to the Globe and Mail, the Canadian government decided to prolong rent-relief program made for small businesses to handle the impact of coronavirus.

Sun, 06 Sep 2020 19:36:29 GMT

Media suspects surveillance at Credit Suisse

According to a report published by the SonntagsZeitung, corporate espionage at Credit Suisse could have involved more employees than initially thought.

Sun, 06 Sep 2020 18:18:23 GMT

SEC to check whistleblower's statement

The US Securities and Exchange Commission (SEC) stated on Sunday it would examine the statement made by an informant that Rio Tinto knew about problems at its copper mine in Mongolia.

Sun, 06 Sep 2020 17:04:19 GMT

Agricultural Bank of China reports decline in net income

AgBank, one of the largest commercial lenders in China, announced a decline of 10.8% in net income in the first six months of the current year.

Sun, 06 Sep 2020 16:07:51 GMT

Canadian unemployment declines

The Canadian unemployment rate declined to 10.2% in August, a decline from 10.9% in July, a report published by the Statistics Canada shows.

Sun, 06 Sep 2020 15:10:19 GMT

Sweden to provide $1B to businesses

Sweden plans to inject $1B to help local businesses amid the coronavirus pandemic, data published by the government show.

Sun, 06 Sep 2020 14:01:23 GMT

EU tourism sector contracts 75%

The tourism sector in the EU contracted 75% in June, compared to February, data published by the EU statistical office Eurostat show.

Sun, 06 Sep 2020 13:05:13 GMT

World trade to decline sharply in 2020

World trade is expected to decline sharply in 2020 amid the coronavirus pandemic, a statement published by the World Trade Organization shows.

Sun, 06 Sep 2020 12:19:29 GMT

VW rejects four-day week proposal

Bernd Osterloh, the head of Volkswagen's Works Council, stated on Sunday that four-day working week would not be effective in saving jobs and ruled out this option.

Sun, 06 Sep 2020 11:07:03 GMT

China car revenues to remain flat

The National Reform and Development Commission official Cai Ronghua stated on Sunday that Chinese automakers most probably would have stable revenues and profits despite a decline in production.

Sun, 06 Sep 2020 09:49:00 GMT

Amazon prohibits foreign sales of seeds

Amazon.com Inc took a decision to forbid foreign sales of seeds in the US soil after authorities had identified dangerous species in the packages.

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