News

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Mon, 05 Apr 2021 08:00:09 GMT

Crude oil prices edge lower

On Monday, crude oil prices edged lower after the Organization of the Petroleum Exporting Countries, Russia and their allies, agreed to gradually ease production cuts by 350,000 barrels per day in May.

Mon, 05 Apr 2021 07:00:08 GMT

US Dollar remains stable

On Monday, the US dollar index remained stable, as investors and traders await data on the US services industry.

Mon, 05 Apr 2021 06:00:07 GMT

Global stock prices edge higher

On Monday, global equity markets surged to a 1 1/2-month high after data from the US Labour Department showed that US employment surged by 916,000 in March.

Mon, 05 Apr 2021 05:00:09 GMT

Kosovo parliament elects Vjosa Osmani new president

Kosovo's parliament appointed a US educated female law professor as the new president of the country after her predecessor Hashim Thaci resigned over war crimes charges.

Mon, 05 Apr 2021 04:00:06 GMT

Biden to push infrastructure plan

The US President Joe Biden will push his $2 trillion infrastructure plan even without the support of the Republican Party, the Energy Secretary Jennifer Granholm says.

Mon, 05 Apr 2021 03:00:07 GMT

Former GE exec Kekedjian to lead Icahn Enterprises

Former General Electric executive Aris Kekedjian will join Icahn Enterprises as a CEO, the founder and controlling shareholder Carl Icahn says.

Mon, 05 Apr 2021 02:00:07 GMT

ByteDance: bank accounts freeze in India illegal

The Indian government's decision to freeze China's ByteDance bank accounts in a tax evasion probe is a harassment and is illegal, a filing to an Indian court shows.

Sun, 04 Apr 2021 20:00:06 GMT

Biden administration comments on jobs

On Sunday, US President's Joe Biden's advisor Brian Deese stated that the recent 2$ infrastructure plan was designed to increase job creation.

Sun, 04 Apr 2021 19:00:05 GMT

Leakers offer Facebook data

Reuters reported on Sunday that a group of leakers were offering for sale the private data of almost 500 million users.

Sun, 04 Apr 2021 18:00:06 GMT

France increases 2021 deficit

On Sunday, the Finance Minister of France Bruno Le Maire stated that the public budget deficit of France would increase to 9% of GDP.

Sun, 04 Apr 2021 17:00:07 GMT

France and EC agree upon KLM

The European Commission announced on Sunday that it had made a deal with France in regards to refinancing Air France-KLM finances.

Sun, 04 Apr 2021 16:25:05 GMT

France cuts growth forecast

On Sunday, the government of France announced that the French economy would grow by 5.00% instead of 6.00% in 2021.

Sun, 04 Apr 2021 15:00:07 GMT

Airbus, Dassault make tentative deal

On Friday, Airbus and Dassault Aviation reached a preliminary agreement on the FCAS fighter project, according to people familiar with the matter.

Sun, 04 Apr 2021 14:00:07 GMT

US companies look for workers

Many American factories continued to complain on the shortage of workers despite that the Labor Department had reported creation of 916K new jobs in March.

Sun, 04 Apr 2021 13:00:06 GMT

Hertz chooses Chapter 11 exit plan

On Saturday, Hertz Global Holdings Inc accepted an equity capital provision plan from Centerbridge Partners, Dundon Capital Partners and Warburg Pincus.

Sun, 04 Apr 2021 12:00:06 GMT

Tesla submits appeal

On Sunday, Tesla Inc filed appeal against the US Labor Relations Board's decision that the company had violated labour law.

Sun, 04 Apr 2021 11:00:06 GMT

Total not to abandon Yadana fields

French oil giant Total stated on Sunday that it would not abandon its Yadana gas fields in Myanmar as long as there were no threat for its workers.

Sun, 04 Apr 2021 10:21:23 GMT

Kekedjian to head up Icahn Enterprises

According to the Wall Street Journal, the former executive of General Electric Co, Aris Kekedjian, will be announced as Icahn Enterprises LP's new CEO.

Sun, 04 Apr 2021 09:00:07 GMT

IMF approves $271M loan to Namibia

The International Monetary Fund approved a $271M loan to help Namibia tackle the effects of the COVID-19 pandemic, a report published by the IMF shows.

Sun, 04 Apr 2021 08:00:06 GMT

Russian FM to visit Pakistan

The Russian Foreign Minister Sergei Lavrov plans a visit to Pakistan in the first part of April, the Foreign Ministry of Pakistan reports.

Sun, 04 Apr 2021 07:30:53 GMT

China major Internet companies report revenue growth

Major Internet companies in China increased revenue by 29% in the first two months of 2021, compared to 2020, the Ministry of Industry and Information Technology reports.

Sun, 04 Apr 2021 06:00:05 GMT

Cyprus tourism revenue tumbles

Cyprus tourism revenue tumbled 93% in January, compared to the same period the previous year, data published by the Statistical Service of Cyprus show.

Sun, 04 Apr 2021 05:00:06 GMT

Netherlands stop use of AstraZeneca vaccine

The Netherlands temporarily suspended the use of AstraZeneca shots for citizens under the age of 60, the Ministry of Health, Welfare and Sport reports.

Sun, 04 Apr 2021 04:00:07 GMT

FAW-Volkswagen reports strong sales in Q1

A joint venture between China FAW Group and Volkswagen AG, FAW-Volkswagen Automobile, announced a 72% increase in auto sales in the first three months of 2021.

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