News

Note: This section contains information in English only.
Sun, 02 Aug 2020 11:37:47 GMT

Switzerland to tighten resrictions

Martin Ackermann, the head of Swiss health advisory body, stated on Sunday that the government should tighten resrictions again amid the increase of coronavirus infections.

Sun, 02 Aug 2020 10:33:39 GMT

Russia increases oil output

According to the Interfax, the producion of oil and gas in Russia in July increased to 9.37 bpd thus missing the OPEC+ target.

Sun, 02 Aug 2020 09:37:04 GMT

Siemens Healthineers to buy Varian

Siemens Healthineers, the health group located in Germany, stated on Sunday that it would purchase the US Varian Medical Systems for $16.4B.

Sun, 02 Aug 2020 07:48:16 GMT

LATAM poises to fire 2700 workers

According to the O Globo and O Estado de SÃO Paulo newspapers report published on Saturday, LATAM Airlines is set to sack about 2700 employees in Brazil.

Sun, 02 Aug 2020 07:02:36 GMT

Murdoch resigns from board of News Corp

James Murdoch has resigned from the board of directors of News Corp due to disagreements over certain editorial content by the company's news outlets.

Sun, 02 Aug 2020 05:50:33 GMT

Schumer says WH, Democrats not close yet on deal

On Saturday, the US Senate Democratic leader Chuck Schumer said that the White House and Democrats are not close yet on the COVID-19 stimulus deal.

Sun, 02 Aug 2020 05:37:11 GMT

LATAM Airlines to fire 2.7K workers

LATAM Airlines is set to fire at least 2.7K workers in Brazil, beginning with the voluntary redundancy process next week.

Sun, 02 Aug 2020 04:06:34 GMT

Siemens in talks to purchase Varian

Siemens Healthineers AG was is in advanced negotiations to buy Varian Medical System in a deal valuing the medical device producer at nearly $15B.

Sun, 02 Aug 2020 03:33:35 GMT

Britain's Hammerson to raise £800M

Britain's mall operator Hammerson is set to raise some £800M through its rights issue and selling stake of 50% in VIA Outlets, Sky news reported.

Sat, 01 Aug 2020 21:43:56 GMT

Samsung to halt production in China

Samsung Electronics is expected to cease operations of the company's last factory in China amid higher labour costs and the US-China trade war.

Sat, 01 Aug 2020 19:56:49 GMT

Former Pemex CEO leaves hospital

Former Pemex Chief Executive Emilio Lozoya was released from hospital on Saturday that being able to continue participating in a corruption trial against him.

Sat, 01 Aug 2020 19:37:27 GMT

Facebook blocks Bolsonaro supporters

Facebook stated on Saturday that it decided to preclude activity of a number of accounts associated with Brazil's President Jair Bolsonaro supporters.

Sat, 01 Aug 2020 18:37:00 GMT

SoftBank to keep stake in Arm after sale

According to the Nikkei Asian Review, SoftBank is expected to maintain a stake in Arm Holdings even after selling its part to Nvidia.

Sat, 01 Aug 2020 17:37:44 GMT

Andre Brandao to lead Banco do Brasil

According to Brazilian local media, former HSBC head of global banking Andre Brandao has been selected as the new CEO of Banco do Brasil.

Sat, 01 Aug 2020 16:35:21 GMT

JPMorgan's arm structures first deal

JPMorgan's development institution structured $250M 5-Y green bond for Georgia Global Utilities, the company announced on Saturday.

Sat, 01 Aug 2020 15:38:26 GMT

France to build railway highways

The French Prime Minister Jean Castex promised this week to launch a network of highways for trains that should replace goods delivery by truck thus reducing emissions.

Sat, 01 Aug 2020 14:35:15 GMT

Microsoft considers TikTok acquisition

According to the New York Times, Microsoft Corp discusses with China's ByteDance acquisition of TikTok.

Sat, 01 Aug 2020 13:35:49 GMT

James Murdoch quits News Corp

James Murdoch announced on Friday that he had left News Corp's board amid disagreements over content produced by the company.

Sat, 01 Aug 2020 12:36:58 GMT

China's SAFE vows greater openness

The Chinese State Administration of Foreign Exchange (SAFE) stated on Saturday that the course towards greater openness and accessibility of its financial market would be continued.

Sat, 01 Aug 2020 11:21:14 GMT

UAE to test nuclear plant

The United Arab Emirates started on Saturday start-up operations in the Barakah nuclear plant located in Abu-Dhabi.

Sat, 01 Aug 2020 10:36:49 GMT

Apple's suppliers apply for $6.65B scheme

Foxconn, Wistron Corp and Pegatron Corp, Apple's suppliers from Taiwan, applied on Saturday for $6.65B scheme offered by the Indian government to increase local phone production.

Sat, 01 Aug 2020 09:37:37 GMT

Apple clears app store in China

According to a report prepared by Qimai, Apple deleted 29.8K applications from its Chinese store amid the local authorities fight against unlicensed publishers.

Sat, 01 Aug 2020 08:36:35 GMT

Chile's leader announces new stimulus package

The President of Chile Sebastian Pinera announced on Friday an additional stimulus spending worth $4.5B to help the economy to overcome the impact of the coronavirus pandemic.

Sat, 01 Aug 2020 07:37:21 GMT

Trump pledges to ban TikTok

The US President Donald Trump stated on Friday to sign an executive order prohibiting TikTok on the American soil, thus pressing its Chinese owner to sell it.

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