News

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Sun, 25 Oct 2020 04:47:04 GMT

Delta-WestJet tie-up gets preliminary approval

The US Transportation Department tentatively approved the proposed alliance deal between Delta Air Lines and Canada's WestJet, which is deemed to expand the US-Canada travel options.

Sun, 25 Oct 2020 04:06:38 GMT

AstraZeneca sees extra 20% manufacturing costs

AstraZeneca said its COVID-19 vaccine agreement with Oxford University would allow to add nearly twenty percent of production costs to cover extra expenses that the British drugmaker should incur.

Sat, 24 Oct 2020 22:00:53 GMT

Facebook may face antitrust charges soon

The United States may file antitrust charges against the social media giant Facebook as early as November, according to the Washington Post.

Sat, 24 Oct 2020 19:48:04 GMT

Coca-Cola Amatil might have new owners

According to the Bloomberg, Coca-Cola European Partners hold negotiations over potential acquisition of Australia's Coca-Cola Amatil.

Sat, 24 Oct 2020 18:51:57 GMT

Spain to consider state of emergency

On Sunday, the Spanish government would hold a meeting to evaluate the need of declaring a new state of emergency because of the coronavirus pandemic.

Sat, 24 Oct 2020 18:18:46 GMT

Ant Group likely to raise $17.3B

According to sources familiar with the matter, Chinese Ant Group is expected to raise up to $17.3B from its Shanghai leg's IPO.

Sat, 24 Oct 2020 17:10:41 GMT

Ireland's PM Martin confident on Brexit deal

On Saturday, the Irish Prime Minister Micheal Martin said that he believes that the United Kingdom and the European Union would reach a Brexit trade deal.

Sat, 24 Oct 2020 15:56:29 GMT

Poland's Duda tests positive for coronavirus

As reported by the Presidential Minister Blazej Spychalski on Twitter, the Polish President and the presidential candidate of the PiS Party Andrzej Duda has tested positive for COVID-19.

Sat, 24 Oct 2020 15:02:52 GMT

Guinea's President wins third term in office

The Guinean President Alpha Conde has won a third term in office with 59.49% of the vote, Guinea's National Independent Electoral Commission announced Saturday.

Sat, 24 Oct 2020 14:19:39 GMT

US market liquidity remains in danger

The Federal Reserve Bank of New York stated on Saturday that the risk of sudden freezes in liquidity remained relevant and should be mitigated.

Sat, 24 Oct 2020 12:35:59 GMT

Delta, WestJet receives approval

The US Transportation Department stated on late Friday that it had granted a tentative approval to Delta Air and WestJet alliance.

Sat, 24 Oct 2020 11:35:46 GMT

China continues to buy US farm goods

According to data published by the US government, China made 50 out of 57 commitments to ease acquisition of the US farm products under the trade deal negotiated by Donald Trump.

Sat, 24 Oct 2020 10:35:52 GMT

Facebook likely to face charges from FTC

According to people familiar with the matter, the US Federal Trade Commission (FTC) is likely to charge Facebook for violation of anti-trust laws.

Sat, 24 Oct 2020 09:33:54 GMT

China to investigate unfair competition

According to the Xinhua news agency, Chinese market regulator is planning to analyse practices that lead to unfair competition on e-commerce platforms.

Sat, 24 Oct 2020 08:24:20 GMT

Japan to spend more on coronavirus

According to the Mainichi newspaper, the Japanese government is considering spending additional $95.5B to support the economy hit by the pandemic.

Sat, 24 Oct 2020 06:56:11 GMT

Ant Group to have the largest IPO

The founder of Alibaba Jack Ma stated on Saturday that Chinese fintech giant Ant Group would have the largest pricing in the world after making an IPO.

Sat, 24 Oct 2020 06:00:54 GMT

Sudan and Israel agree to normalize ties

Sudan and Israel have agreed to normalize ties in a US-brokered deal, the White House announced on Friday.

Sat, 24 Oct 2020 05:05:47 GMT

Italy prevents Huawei and Fastweb 5G deal

According to two sources with knowledge of the matter, Italy has vetoed the 5G network deal between Fastweb and the Chinese Huawei.

Sat, 24 Oct 2020 04:06:47 GMT

Libya's warring rivals sign permanent peace deal

The Libyan warring rivals have signed a permanent peace agreement, the Deputy Special Representative of the UN Secretary-General for Political Affairs in Libya Stephanie Williams said on Friday.

Sat, 24 Oct 2020 03:09:49 GMT

Pelosi says relief deal possible before election

On Friday, the US House of Representatives Speaker Nancy Pelosi stated that coronavirus stimulus deal was still possible before the November 3 election, but was up to the US President Donald Trump to act.

Sat, 24 Oct 2020 01:28:21 GMT

Crude oil prices edge lower

On Friday, crude oil prices declined by more than 1%. Brent crude futures were down by 1.4%, to $41.85 per barrel at 15:48 GMT, while the US WTI fell by 1.5%, to $40.04.

Fri, 23 Oct 2020 19:43:34 GMT

US seeks lawsuit response from Google

The US Justice Department called on Alphabet's Google to respond to its antitrust lawsuit by December 19, a court filing showed on Friday.

Fri, 23 Oct 2020 18:42:25 GMT

Airbus preps to increase production

The world's biggest planemaker Airbus called on suppliers to get ready for a surge by 18% in its best-selling A320 aircraft output in the 2021 second half, after the COVID-19 crisis.

Fri, 23 Oct 2020 17:42:18 GMT

Intel's margins drop, shares fall 10%

Intel Corp reported its margins plunged in the Q3 as consumers switched to cheaper laptops, sending the company's shares down 10% on the news.

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