News

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Sun, 30 Aug 2020 18:42:15 GMT

Wizz Air cuts weekly flights to Hungary

Wizz Air said it would cut weekly flights to Hungary from September 7, after the Hungarian government announced on Friday that it would close its borders to foreigners from September 1.

Sun, 30 Aug 2020 17:41:05 GMT

Qatar sets basic monthly minimum wage

On Sunday, Qatar announced a new minimum wage of $274.6 and lifted the restriction on changing jobs.

Sun, 30 Aug 2020 16:41:14 GMT

Sunak plans sweeping set of tax increases

The Telegraph and the Sunday Times reported on Sunday that Britain's Chancellor of the Exchequer Rishi Sunak is planning a sweeping tax increase.

Sun, 30 Aug 2020 15:41:16 GMT

Suga hopes to be next Japan's PM

According to Kyodo news agency, citing an unnamed source, Japan's top government spokesman Chief Cabinet Secretary Yoshihide Suga would join the race to replace Prime Minister Shinzo Abe.

Sun, 30 Aug 2020 14:41:14 GMT

Yi comments on EU-China investment accord

On Sunday, the Chinese Foreign Minister Wang Yi said that it was possible to finalize an EU-China investment agreement before the end of this year.

Sun, 30 Aug 2020 14:12:51 GMT

UK's universities should not resume in September

The University and College Union general secretary Jo Grady said in a statement that UK's universities should abandon plans to resume in September.

Sun, 30 Aug 2020 13:30:05 GMT

Lukashenko and Putin to meet in Moscow

The Kremlin said in a statement on Sunday that the Belarusian President Alexander Lukashenko and the Russian President Vladimir Putin have agreed to hold a meeting in Moscow in coming weeks.

Sun, 30 Aug 2020 11:49:57 GMT

Koizumi decides not to join race to succeed Abe

According to the NHK report published on Sunday, Shinjiro Koizumi, the Japanese Environment Minister, has decided not to succeed Shinzo Abe as Japan's Prime Minister.

Sun, 30 Aug 2020 11:33:05 GMT

Huawei cloud business still has US chip access

Huawei Technologies, the Chinese telecoms equipment developer, has shifted its focus to the budding cloud business that still has the access to the US chips despite imposed sanctions against the group.

Sun, 30 Aug 2020 08:44:13 GMT

Japan's ruling LDP to pick new PM in two weeks

The Japanese ruling Liberal Democratic Party will pick Prime Minister Shinzo Abe's replacement around September 15, Kyodo news agency reported on Saturday.

Sun, 30 Aug 2020 07:59:52 GMT

Suga likely to replace Japan's Abe

According to sources familiar with the matter, Japan's top government spokesman Chief Cabinet Secretary Yoshihide Suga is likely to become the next Prime Minister of Japan.

Sun, 30 Aug 2020 07:02:00 GMT

WH proposes $1.3 trillion COVID-19 relief bill

The White House Chief of Staff Mark Meadows said on Friday that President Donald Trump is ready to sign a $1.3 trillion COVID-19 aid bill.

Sun, 30 Aug 2020 06:02:47 GMT

UAE scraps economic boycott against Israel

The WAM news agency reported on Saturday that UAE's President Khalifa bin Zayed Al Nahyan has issued a decree abolishing an economic boycott law against Israel.

Sun, 30 Aug 2020 04:48:04 GMT

BlackRock gets approval for mutual fund arm

China's regulatory has granted the green light to BlackRock for setting up the China mutual fund unit, making it the first asset manager that won such an approval.

Sun, 30 Aug 2020 03:41:17 GMT

Reliance to acquire Future Group's unit

On Saturday, Reliance Industries announced it had agreed to buy Future Group's retail business in a deal worth $3.38B, including debt.

Sun, 30 Aug 2020 02:42:29 GMT

US PCE shows strong rise

US consumer spending in July surged by 1.9%, over analysts' expectations, increasing the chances for a strong rebound in the country's Q3 economic growth, according to a Commerce Department's report.

Sat, 29 Aug 2020 20:50:06 GMT

Walmart's TikTok bid likely to boost ad revenue

Walmart's advertising revenue could surge, if its bid to acquire TikTok succeeded, turning the company into the online advertising leader, according to some analysts, Reuters reported.

Sat, 29 Aug 2020 20:15:20 GMT

China's industrial firms recover

According to the National Bureau of Statistics, the largest Chinese industrial companies continued to recover in July showing 8.1% growth rate.

Sat, 29 Aug 2020 19:11:27 GMT

Chinese camakers' profit down 5.9%

According to the China Association of Automobile Manufacturers, the country's car production sector in the first half of the year declined 5.9% to $36.5B.

Sat, 29 Aug 2020 18:12:04 GMT

China to test online LNG trading

On Friday, the Shanghai Petroleum and Natural Gas Exchange launched online platform for LNG trading in test mode.

Sat, 29 Aug 2020 16:43:24 GMT

WH suggests $1.3 trillion COVID-19 relief bill

The White House Chief of Staff Mark Meadows said on Friday that President Donald Trump is ready to sign a $1.3 trillion COVID-19 aid bill.

Sat, 29 Aug 2020 16:02:45 GMT

Suga emerges as favourite to replace Japan's Abe

According to the Sophia University political science professor Koichi Nakano, Japan's Chief Cabinet Secretary Yoshihide Suga is likely to become the next Prime Minister of Japan.

Sat, 29 Aug 2020 14:25:12 GMT

Japan's LDP to pick new PM around September 15

According to Kyodo news agency report published on Saturday, the Japanese ruling Liberal Democratic Party would pick Prime Minister Shinzo Abe's replacement around September 15.

Sat, 29 Aug 2020 13:44:48 GMT

Canada finalises 737 MAX flight tests

Canada has completed the flight tests of Boeing's 737 MAX aircraft, after the jets had been grounded worldwide due to two deadly crashes, and is analysing the results, according to the Transport Ministry.

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