News

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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.

Sun, 04 Apr 2021 03:00:06 GMT

China home prices rise

Home prices in around 100 Chinese cities increased slightly in March, compared to the previous month, a report published by the China Index Academy shows.

Sun, 04 Apr 2021 02:00:07 GMT

China approves three new IPOs

China's securities regulator approved applications for IPO of Suzhou Jiahe Foods Industry, Zhejiang Provincial New Energy Investment Group and Guangdong Jushen Logistics.

Sat, 03 Apr 2021 20:00:05 GMT

Iran rejects deal with US

The government of Iran stated on Saturday that it would not agree to a gradual lifting of US sanctions on Iran.

Sat, 03 Apr 2021 19:24:19 GMT

US and Iran hold talks

On Saturday, the US and Iranian representatives met in Vienna to discuss the Iranian nuclear deal.

Sat, 03 Apr 2021 18:00:06 GMT

Russia comments on space cooperation

The government of Russia revealed on Saturday that it would back the extending of space exploration cooperation with the US until 2030.

Sat, 03 Apr 2021 17:00:07 GMT

South Korea invites Xi Jinping

On Saturday, Yonhap revealed that the South Korean authorities had invited the Chinese President Xi Jinping for a state visit.

Sat, 03 Apr 2021 16:00:06 GMT

India initiates lockdown

The Indian authorities announced on Saturday that due to a record of coronavirus infections a strict lockdown would soon be enacted.

Sat, 03 Apr 2021 15:22:19 GMT

Backlog ends at Suez Canal

On Saturday, Egyptian authorities announced that the backlog of ships at the Suez Canal had ended.

Sat, 03 Apr 2021 14:00:08 GMT

China's banks report profits in 2020

China's main state-owned banks reported an increase of their net profits in previous year despite the pandemic up to 1.93% year on year.

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