News

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Sun, 09 May 2021 14:32:36 GMT

Israel and S. Korea to ink FTA

Israel and South Korea are set to clinch a free trade pact this week, Israel's first such a deal with the market of Asia, according to the Israeli economy ministry's statement made on Sunday.

Sun, 09 May 2021 13:35:01 GMT

Ford recalls about 617K Explorer SUVs

Ford Motor is recalling around 617K US Explorer sport utility vehicles due to faulty retention pins that pose risks to loosen and cause a detachment of roof rail covers from a car.

Sun, 09 May 2021 11:37:03 GMT

China's loan issuance on rise

According to the China Banking and Insurance Regulatory Commission, the volume of issued loans to private businesses by the end of March increased 29% year on year.

Sun, 09 May 2021 11:34:22 GMT

China's courier sector marks steady growth

According to the China's State Post Bureau, the Express Delivery Development index ended at solid 1,259.1 points last year.

Sun, 09 May 2021 10:36:33 GMT

US auto makers experience chips' deficit

Major American car producers warned authorities of Friday that they had no choice other than to decrease the output even more bacause of chips' shortage.

Sun, 09 May 2021 09:33:09 GMT

Dogecoin loses value

The price of Dogecoin notably decreased on Sunday after Ilon Musk said that it was a "hustle".

Sun, 09 May 2021 08:00:06 GMT

JPMorgan appoints new CIOs

JPMorgan Chase named two new Chief Information Officers, James Reid for the bank's new developing and modernising tech unit and Melissa Goldman for the Finance, Risk, Data and Controls tech division.

Sun, 09 May 2021 07:00:06 GMT

Amazon puts Prime Day sale in India on hold

Amazon.com announced it had to pause the annual sale "Prime Day" in India due to a tough second wave of COVID-19 infections that had taken lives of thousands of people.

Sun, 09 May 2021 06:00:07 GMT

Car sector seeks aid in funds

The UAW UNION and the US auto industry urged the Congress for aid in billions of dollars-worth funding to bolster semiconductor production and help it fill the needs that forced to cut output due to chip shortages.

Sun, 09 May 2021 05:00:10 GMT

China foreign trade expands

China's foreign trade expanded 28.5% in the first four months of this year, compared to the same period in 2020, official data show.

Sun, 09 May 2021 04:00:07 GMT

EU, India to restart trade talks

The European Union and India plan to resume talks on a free trade agreement, the European Commission President Ursula von der Leyen says.

Sun, 09 May 2021 03:00:07 GMT

China approves new IPOs

The China Securities Regulatory Commission approved IPO applications of Zhejiang Shaoxing Ruifeng Rural Commercial Bank and Wuhu Fuchun Dye & Weave.

Sat, 08 May 2021 21:16:49 GMT

Merkel: China-EU investment deal beneficial

The China-European Union investment deal is mutually beneficial, the German Chancellor Angela Merkel says.

Sat, 08 May 2021 20:00:08 GMT

United Airlines to suspend flights to India

United Airlines will temporarily suspend the Chicago- New Delhi route next month, the US carrier announced on Friday.

Sat, 08 May 2021 19:00:06 GMT

Dow, S&P 500 hit record highs

During this week's trading sessions, the S&P 500 Index surged by 1.2%, while the Dow Jones Industrial Average rose by 2.7%, as the US equities closed the week on record highs.

Sat, 08 May 2021 18:00:07 GMT

US car part makers warned of production cuts

On Friday, the US automakers are prepared for more production cuts due to a global shortage in semiconductors.

Sat, 08 May 2021 17:00:09 GMT

US job growth slows in April

As reported by the US Labor Department on Friday, the US nonfarm payrolls increased by 266,000 in April.

Sat, 08 May 2021 16:00:08 GMT

US DOJ investigating Kabbage, fintechs

According to sources with knowledge of the matter, the US Justice Department is investigating Kabbage Inc and other fintech companies over the Paycheck Protection Program loan calculations.

Sat, 08 May 2021 15:00:07 GMT

Biden to meet Putin soon

The US President Joe Biden assured on Friday that he would be able to meet Vladimir Putin in the very close future.

Sat, 08 May 2021 14:24:36 GMT

Indices set record highs

The Dow Jones and S&P 500 indices set record highs on Friday amid publication of the US employment data which removed concerns about close rate hikes.

Sat, 08 May 2021 13:24:10 GMT

United to postpone flights to India

United Airlines announced on Friday that it would postpone scheduled flights to Delhi and Bangalore in June because of the pandemic.

Sat, 08 May 2021 12:31:52 GMT

Fed migh increase rates in 2022

According to experts' opinion, the US Fed could increase rates no earlier than at the end of next year.

Sat, 08 May 2021 11:33:49 GMT

Union makes an offer to Exxon

On Friday, the United Steelworkers union offered Exxon Mobil new six-year deal which contained to salary increase in the first year.

Sat, 08 May 2021 10:31:51 GMT

Goldman to offer bitcoin derivatives

According to the Bloomberg News, Goldman Sachs approved acquisiton and sale of derivatives linked to Bitcoin prices.

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