News

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Sun, 10 Jan 2021 05:01:57 GMT

GM unveils new brand logo

General Motors revealed its new corporate logo, the carmaker's first major change of its logo since 1964, due to launching a new campaign aimed to boost GM's focus on electric cars.

Sun, 10 Jan 2021 03:52:01 GMT

Carmakers trim vehicle production

Fiat Chrysler Automobiles, Nissan Motor, Ford Motor and Toyota Motor stated they would trim vehicle production in January amid a semiconductor chip shortage.

Sat, 09 Jan 2021 22:34:59 GMT

Twitter stock drops over 2%

Twitter shares tumbled over 2% during after-hours trading, following the company's statement it had permanently suspended the account of the US President Donald Trump amid possible risk of incitement of violence.

Sat, 09 Jan 2021 20:38:58 GMT

Saudi Arabia, Qatar resume air flights

On Saturday, Saudi Arabia and Qatar resumed direct passenger flights amid the end of three-year political rivalry.

Sat, 09 Jan 2021 19:37:47 GMT

RHA warns of possible supply chain collapse

The British Road Haulage Association (RHA) warned on Saturday that the chain of supply between the UK and Northern Ireland might collapse due to the post-Brexit regulations.

Sat, 09 Jan 2021 19:02:05 GMT

China's EV maker Nio launches first sedan

On Saturday, the Chinese electric vehicle maker Nio Inc launched the company's first sedan model at an event in China's western city of Chengdu.

Sat, 09 Jan 2021 18:00:14 GMT

Moderna vaccine to arrive in France on Monday

On Friday, the French Prime Minister Jean Castex announced that Moderna Inc's coronavirus vaccine would arrive in France on January 11.

Sat, 09 Jan 2021 17:02:27 GMT

Google suspends Parler app from Play Store

On Friday, Alphabet Inc's Google suspended the Parler social network app from its Play Store, pointing to participants using the app to coordinate Wednesday's siege of the US Capitol building.

Sat, 09 Jan 2021 16:01:31 GMT

China to retaliate foreign laws

On Saturday, the Chinese Ministry of Commerce issued new rules to prohibit firms from complying with foreign laws, banning transactions with China's companies.

Sat, 09 Jan 2021 15:29:47 GMT

Nio presents first sedan EV

Nio, Chinese electric car maker, on Saturday presented its first sedan model, ET7, in the city of Chengdu.

Sat, 09 Jan 2021 14:29:03 GMT

IMF raises reserve target

On Friday, the International Monetary Fund board increased its mid-term target for the fund's reserves due to higher financial risks.

Sat, 09 Jan 2021 13:33:54 GMT

Twitter shares down 2%

The value of Twitter Inc shares decreased 2% in off-market trading amid the suspension of Donald Trump's personal account.

Sat, 09 Jan 2021 12:26:21 GMT

Greece wants to extend territorial waters

On Friday, the Greek government submitted to lawmakers a bill for extension of the country's territorial waters in the Ionian Sea to 12 nautical miles.

Sat, 09 Jan 2021 11:28:54 GMT

Twitter bans Trump's account

On Friday, Twitter Inc permanently banned the US President Donald Trump's personal account.

Sat, 09 Jan 2021 10:08:17 GMT

China to resists hostile laws

The Ministry of Commerce of China stated on Friday that it would take measures to counter unjust foreing business laws and trade practices.

Sat, 09 Jan 2021 09:34:14 GMT

Google removes Parler app from Play Store

On Friday, Google made a decision to suspend the Parler mobile application from Play Store amid inability to moderate activity of Trump supporters.

Sat, 09 Jan 2021 08:00:34 GMT

Sweden tightens coronavirus measures

On Friday, the Swedish government has tightened COVID-19 measures for private gatherings, gyms and shopping centres.

Sat, 09 Jan 2021 07:01:38 GMT

US to restart SBA COVID-19 aid program

According to administration officials, the US government would kick off the third round of the Small Business Administration coronavirus aid program on January 11.

Sat, 09 Jan 2021 05:56:05 GMT

US wholesale inventories unchanged in November

On Friday, the US Commerce Department announced that wholesale inventories declined by 0.10% in November.

Sat, 09 Jan 2021 04:43:03 GMT

InterActiveCorp backs MGM offer for Ladbrokes

On Friday, the US-based casino company MGM Resorts announced that InterActiveCorp supported its $11B takeover offer for Ladbrokes betting firm.

Sat, 09 Jan 2021 03:41:08 GMT

Canada's WestJet reduces capacity

On Friday, the Canadian WestJet Airlines announced further cuts to its schedule and said that about 1,000 employees would be impacted through a combination of furloughs and temporary layoffs.

Fri, 08 Jan 2021 22:24:27 GMT

BoE's Hauser comments on rate hikes

Andrew Hauser, the Bank of England Executive Director for Markets, said that inflation evidence needed before the bank decides to hike interest rates.

Fri, 08 Jan 2021 20:41:30 GMT

Tesla rolls out Model Y SUV's cheaper variant

Tesla rolled out its cheaper version of the Model Y sports utility vehicle worth $41,990, bringing the car's price closer to the valuation of the company's least expensive Model 3 sedan.

Fri, 08 Jan 2021 19:46:18 GMT

US economy trims jobs last month

The economy of the United States cut jobs in December due to the coronavirus pandemic's hit, suggesting a major momentum loss that could temporarily affect the country's recovery from the crisis.

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