News

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Tue, 15 Sep 2020 08:00:14 GMT

China's industrial output growth accelerates

On Tuesday, data from the Chinese National Bureau of Statistics showed that China's industrial output growth rose to 5.6% in August from a year earlier.

Tue, 15 Sep 2020 07:00:13 GMT

China's real estate investment hits 16-month high

According to data from the National Bureau of Statistics on Tuesday, China's property investment in August rose by 11.8% from a year earlier.

Tue, 15 Sep 2020 06:03:55 GMT

China's foreign trade, investment perform better

According to the spokesperson for the Chinese National Bureau of Statistics, China's foreign investment and trade have been performing better than expected.

Tue, 15 Sep 2020 05:30:34 GMT

US blocks Chinese imports

On Monday, the US government announced that it would block cotton, apparel and other product imports from China.

Tue, 15 Sep 2020 04:30:51 GMT

Trump comments on wildfires

The President of the United States Donald Trump stated on Monday that forest management should be improved in an effort to stop wildfires.

Tue, 15 Sep 2020 03:31:17 GMT

TikTok picks Oracle as partner

The owner of TikTok ByteDance revealed on Monday that it would partner up with Oracle to keep the app running in the US.

Mon, 14 Sep 2020 20:47:53 GMT

GM CEO comments on economy

On Monday, the CEO of General Motors Mary Barra stated that global vehicle demand has been recovering together with the economy.

Mon, 14 Sep 2020 19:43:48 GMT

Gilead acquires Immunomedics

Gilead Sciences announced on Monday that the company would acquire Immunomedics for $21 billion.

Mon, 14 Sep 2020 18:42:01 GMT

Belarus borrows $1.5 billion

On Monday, the Russian Federation President Vladimir Putin revealed that Russia had loaned the Belarusian government $1.5 billion.

Mon, 14 Sep 2020 17:41:30 GMT

Delta seeks raising $6.5B via loyalty programme

Delta Air Lines is planning to attract $6.5B via new bonds and loans supported by the carrier's SkyMiles loyalty programme, aiming to boost its liquidity as travel demand was hurt due to the coronavirus crisis.

Mon, 14 Sep 2020 17:00:40 GMT

Amazon plans recruiting 100K more workers

On Monday, Amazon.com announced about its plans to hire 100K more workers in the US in its latest job spree this year amid growing e-commerce demand due to the pandemic.

Mon, 14 Sep 2020 15:50:14 GMT

Airbus explores compulsory layoffs

Airbus CEO Guillaume Faury has warned of compulsory layoffs on Monday as airline crisis triggered by the coronavirus pandemic deepens.

Mon, 14 Sep 2020 15:30:25 GMT

Nvidia to acquire Arm in $40B deal

Nvidia Corp is set to acquire Arm, the British chip designer, from SoftBank Group in a deal worth $40B, both companies announced on Monday, triggering a reshape of the global semiconductor landscape.

Mon, 14 Sep 2020 13:44:26 GMT

Alibaba invests in Grab

Bloomberg News revealed on Monday that Alibaba Group would invest $3 billion in the ride hailing firm Grab.

Mon, 14 Sep 2020 13:33:38 GMT

Arm founder comments on sale of company

On Monday, Arm co-founder Herman Hauser stated that the sale of the company to Nvidia would be a disaster to the UK and Europe.

Mon, 14 Sep 2020 11:42:13 GMT

Stock prices surge

During Monday's trading hours, global stock indices moved higher, as markets expected additional stimulus to be announced during the week.

Mon, 14 Sep 2020 10:42:48 GMT

AstraZeneca surges on Monday

As the coronavirus vaccine developer AstraZeneca announced the resumption of vaccine testing, the company's stock price jumped

Mon, 14 Sep 2020 09:42:24 GMT

US Dollar resumes decline

During Monday's European trading hours, the US Dollar declined in value against other financial assets.

Mon, 14 Sep 2020 08:51:07 GMT

Asian shares open higher

On Monday, Asian shares opened higher after AstraZeneca renewed its phase III trials. MSCI's broadest index was up 0.5%, Australian shares climbed 0.2%, while Japan's added 0.3%.

Mon, 14 Sep 2020 08:03:18 GMT

Japan's Suga set to win party race

On Monday, Japan's Chief Cabinet Secretary Yoshihide Suga was set to win the ruling Liberal Democratic Party leadership election.

Mon, 14 Sep 2020 07:00:35 GMT

Coveney comments on EU-UK trade talks

Ireland's Foreign Minister Simon Coveney stated on Sunday that the Brexit trade negotiations have a window to avoid a breakdown before the contentious UK Internal Markets Bill becomes law.

Mon, 14 Sep 2020 06:02:03 GMT

Ireland focuses on reaching decent UK-EU trade deal

The Irish Prime Minister Micheal Martin stated on Sunday that Ireland's focus is to achieve a decent UK-EU free trade agreement.

Mon, 14 Sep 2020 03:24:39 GMT

ByteDance abandons TikTok's US sale

According to sources with knowledge of the matter, ByteDance has been in negotiations to divest TikTok's US business to Oracle.

Mon, 14 Sep 2020 03:14:13 GMT

New home prices in China remain stable

According to the Chinese National Bureau of Statistics, China's new home prices rose by 4.8% in August.

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