News

Note: This section contains information in English only.
Sun, 12 Apr 2020 14:04:45 GMT

NHS works with Apple, Google on app to track COVID-19

The National Health Service's tech arm was working on an application with Apple and Alphabet's Google, which will allow to track coronavirus spread.

Sun, 12 Apr 2020 13:24:56 GMT

AIB approves 25K loan breaks

Allied Irish Banks added 25K payment breaks to the bank's loan books, helping businesses and homeowners cope with the coronavirus impact.

Sun, 12 Apr 2020 12:06:00 GMT

China to reopen schools

According to Chinese media, Beijing authorities decided to reopen school doors for senior middle and high school students.

Sun, 12 Apr 2020 11:34:32 GMT

Harbin announces monthly quarantine

Authorities of the Chinese city of Harbin announced on Sunday a beginning of 28-day quarantine amid the increase of people infected with coronavirus.

Sun, 12 Apr 2020 10:29:35 GMT

Ireland to finish rent freeze

The Prime Minister of Ireland Leo Varadkar stated on Sunday that the government would not extend temporary cancellation of rent pay initially caused by the coronavirus outbreak.

Sun, 12 Apr 2020 09:27:54 GMT

Egypt postpones Banque du Caire IPO

Tarek Fayed, the Chairman of Banque du Caire, announced on Sunday temporary cancellation of the bank's initial public offering (IPO) amid the outbreak of coronavirus.

Sun, 12 Apr 2020 08:20:45 GMT

Turkey refuses to make deal with IMF

Ibrahim Kalin, the Turkish President's Spokesman, stated on Sunday that the President had no plans to conclude any kind of deals with the International Monetary Fund (IMF).

Sun, 12 Apr 2020 06:45:05 GMT

EU imposes anti-dumping duties over stainless steel from Asia

The European Commission put anti-dumping duties over some products made from stainless steel from Indonesia, China and Taiwan, eight months after starting investigation over low-price imports.

Sun, 12 Apr 2020 06:04:29 GMT

Kering CEO agrees to cut salary

François-Henri Pinault, the CEO and chairman of Kering, agreed to diminish fixed portion of the salary by 25% until the end of this year, given the context of COVID-19 crisis.

Sun, 12 Apr 2020 04:45:20 GMT

Volkswagen furloughs 1.5K workers in US

Volkswagen AG announced that it temporary furloughed 1.5K workers at the US assembly factory in Tennessee starting from April 11 amid the ongoing coronavirus pandemic.

Sun, 12 Apr 2020 03:47:06 GMT

Bulgaria to apply to join EZ by April end

Bulgaria is set to apply for membership in the Euro zone by the end of this month, in an action that should help the country recover from the COVID-19 pandemic.

Sun, 12 Apr 2020 03:25:59 GMT

Johnson & Johnson abandons TachoSil surgical patch deal

Johnson & Johnson announced it abandoned plans to purchase Takeda Pharmaceutical's TachoSil, the surgical patch product, due to regulatory issues.

Sat, 11 Apr 2020 21:07:41 GMT

Chinese auto sales decline in March

Auto sales in China fell 43.3% year-on-year in March, as the auto market struggled to get into gear after a demand slump exacerbated by the COVID-19 outbreak.

Sat, 11 Apr 2020 19:05:46 GMT

Saudi, Russia, US agree to cooperate

In a phone call held by American, Russian and Saudi leaders all three agreed to cooperate to stabilize the international energy market.

Sat, 11 Apr 2020 18:06:19 GMT

TikTok to spend millions to help to recover from coronavirus

TikTok stated on Friday that it would devote not less than $250M to support workers and communities that were heavily affected by coronavirus.

Sat, 11 Apr 2020 17:06:38 GMT

Indian extends restriction measures

The Indian government decided on Saturday to strengthen restriction measures to contain the spread of coronavirus across the country.

Sat, 11 Apr 2020 16:07:40 GMT

Air France negotiates with govt on emergency funding

Air France KLM requested several billion Euros of emergency funding from the government of France, while also negotiating loan package from banks.

Sat, 11 Apr 2020 16:07:01 GMT

Norway ready to cut oil production

The Energy Minister of Norway Tina Bru stated on Saturday that the country was ready to decrease oil production upon condition that OPEC+ plan would be implemented.

Sat, 11 Apr 2020 13:51:26 GMT

Nissan may cut yearly sales target by 1M cars

Nissan Motor's management stated that its restructuring plan, which is due out in May, would assume cutting annual sales target by 1M cars.

Sat, 11 Apr 2020 12:43:45 GMT

Siemens to avoid job cuts

Siemens is unlikely to cut its workforce amid the virus-triggered downturn, though short-time measures could be expanded in Germany, the CEO stated.

Sat, 11 Apr 2020 11:54:15 GMT

EU imposes duties on Asian steel

The European Commission decided on Saturday to impose anti-dumping duties on stainless steel improted from China, Indonesia and Taiwan.

Sat, 11 Apr 2020 10:44:12 GMT

UK unions warn of lack of protection gear

The British National Health Service warned the government on Saturday that doctors and nurses experience shortage of protection equipment.

Sat, 11 Apr 2020 09:46:31 GMT

Honeywell renews $1.5B credit agreement

Honeywell International Inc stated on late Friday that it had restored a credit agreement with Citibank and JPMorgan Chase worth $1.5B.

Sat, 11 Apr 2020 09:26:04 GMT

Triumph Group furloughs 2.3k workers

Triumph Group Inc, the American supplier of plane details for Boeing, stated on Satarday that would furlough 2.3k employees up to a month amid temporary close of Boeing plants.

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