News

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Sun, 11 Apr 2021 08:00:06 GMT

Industrial activity in Mexico increases

Mexico's industrial activity increased 0.4% in February, compared to the previous month, data published by the National Institute of Statistics and Geography show.

Sun, 11 Apr 2021 07:10:09 GMT

Retail sales in Italy rise

Retail sales in Italy rose 6.6% in February, compared to the prior month, a report published by the National Statistics Institute shows.

Sun, 11 Apr 2021 06:00:08 GMT

China railway freight volume grows

China's railway freight volume increased 12% to 920M tonnes in the first three months of the current year, the national railway operator reports.

Sun, 11 Apr 2021 05:00:07 GMT

Ford sales in China rise

Ford Motor sold 153,822 vehicles in China in the first quarter of 2021, an increase of 73.3% from the same period in 2020, the Detroit News reports.

Sun, 11 Apr 2021 04:00:07 GMT

China-Brunei trade rises

Bilateral trade between China and Brunei rose 72.5% to $1.91B in 2020, the Chinese Ambassador to Brunei Yu Hong says.

Sun, 11 Apr 2021 03:00:07 GMT

Germany exports to China rise

German exports to China increased 25.7% to $10.1B in February, compared to the same period in 2020, the Federal Statistical Office reports.

Sat, 10 Apr 2021 21:13:10 GMT

UK house prices rise in March

Average house prices in the UK reached a record high of $349,671 in March 2021, the British mortgage lender Halifax reports.

Sat, 10 Apr 2021 20:00:06 GMT

Djibouti President wins election

It was announced on Sunday, that the President of Djibouti Ismail Omar Guelleh had won his fifth Presidential election.

Sat, 10 Apr 2021 19:07:58 GMT

Korean battery firms reveal trade deal

On Sunday, Reuters revealed that Korean battery production firms had come up with a solution to the ongoing trade dispute with the US.

Sat, 10 Apr 2021 18:00:06 GMT

China hits Alibaba with record fine of $2.75B

On Saturday, the Chinese regulators have hit Alibaba Group Holding with a record fine of $2.75 billion for violating anti-monopoly rules.

Sat, 10 Apr 2021 17:00:07 GMT

Yellen comments on Biden's 2022 budget plan

On Friday, the US Treasury Secretary Janet Yellen stated that President Joe Biden's 2022 budget plan would increase the overall IRS budget by $1.2B or 10.4%.

Sat, 10 Apr 2021 16:00:07 GMT

Iran and US clash on sanctions

On Friday, officials from the United States and Iran disagreed over what sanctions the US should remove before Tehran returns to the 2015 nuclear agreement.

Sat, 10 Apr 2021 15:00:07 GMT

Investors, traders look to upcoming earnings

Investors and traders are looking ahead to the upcoming US corporate earnings reports, beginning next week, as overall S&P 500 earnings are expected to have surged by 25% in the first quarter.

Sat, 10 Apr 2021 14:00:10 GMT

Amazon.com wins fight against union

On Friday, workers at an Amazon.com warehouse in Alabama voted against forming a union in a major win for the world's largest online retailer.

Sat, 10 Apr 2021 10:00:07 GMT

GM lowers truck production

General Motors Co stated on Friday that it would cancel some shifts at two of its plants responsible for truck production because of the ongoing chip shortage.

Sat, 10 Apr 2021 09:16:21 GMT

Biden's plan to generate $1.2B for IRS

On Friday, the US Treasury Secretary Janet Yellen noted that President's tax plan would increase the Internal Revenue Service (IRS) budget by $1.2B or 10.4%.

Sat, 10 Apr 2021 08:31:09 GMT

China fines Alibaba

On Saturday, China instructed Alibaba to pay a $2.75B fine which was equivalent to nearly 4% of the company's revenue for abuse of its dominant position in the market.

Sat, 10 Apr 2021 04:00:10 GMT

Biden proposes $14B boost for climate

The US President Joe Biden proposed $14B in funding initiatives to fight climate changes in the 2020 budget, including capital injections for science research and environmental regulation.

Sat, 10 Apr 2021 03:00:06 GMT

China to clear Tencent's $3.5B Sogou deal

China's antitrust regulator is set to clear Tencent Holdings's plan to take one of the country's search engine Sogou private, sources said.

Fri, 09 Apr 2021 22:34:34 GMT

Spain to subsidise EV sales

The government of Spain approved a plan to spend up to €800M until 2023 to encourage electric vehicle sales, the Energy Ministry stated.

Fri, 09 Apr 2021 20:00:05 GMT

Brazil's inflation rises above 6% in March

As reported by statistics agency IBGE on Friday, the annual rate of consumer inflation in Brazil rose to 6.10% in March, the highest since December 2016.

Fri, 09 Apr 2021 19:00:07 GMT

Canada adds more jobs in March

Canada added 303,100 jobs in March and the unemployment rate fell to 7.5%, Statistics Canada reported on Friday.

Fri, 09 Apr 2021 18:00:06 GMT

Crude oil prices edge lower

Crude oil prices declined on Friday. Brent crude futures fell by 0.32% to $62.88 a barrel at 12:30 GMT, while the US West Texas Intermediate crude futures were at $59.43, down 17 cents.

Fri, 09 Apr 2021 17:00:08 GMT

US producer prices increase in March

As reported by the US Labor Department on Friday, US producer prices rose more than expected last month.

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