News

Note: This section contains information in English only.
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.

Mon, 14 Sep 2020 03:04:37 GMT

Argentina seeks to avoid repayments to IMF

Argentina's Economy Minister Martin Guzman announced on Sunday that Argentina is requesting payment pause with the IMF until 2024.

Mon, 14 Sep 2020 01:40:16 GMT

Envision plans to build battery factory in France

According to the Journal du Dimanche newspaper report, the Chinese Envision Group is looking to construct a new electric vehicle battery factory in France.

Sun, 13 Sep 2020 19:40:35 GMT

Shell secures Gulf of Mexico operations

Royal Dutch Shell announced on Sunday that it would secure its Gulf of Mexico facilities that are in the path of an upcoming storm.

Sun, 13 Sep 2020 18:41:42 GMT

Boeing executives defend 737 developments

On Sunday, Reuters reported that two senior executives of Boeing defended the cockpit systems of 737 MAX airplanes.

Sun, 13 Sep 2020 17:54:13 GMT

South African economy shrinks

The government of South Africa announced on Sunday that it expects a seven percent decline of GDP in 2020.

Sun, 13 Sep 2020 16:47:36 GMT

Taiwan addresses dollar sellers

On Sunday, the central bank of Taiwan addressed all traders to restrain from selling the US Dollar against the Taiwanese currency.

Sun, 13 Sep 2020 15:58:49 GMT

Uganda and Tanzania build pipeline

The governments of Tanzania and Uganda revealed on Sunday that they had signed an agreement to construct a new oil pipeline

Sun, 13 Sep 2020 14:51:56 GMT

Lagarde comments on economy

On Sunday, the President of the European Central Bank Christine Lagarde stated that the EU government should take up the burden of economic recovery.

Sun, 13 Sep 2020 14:36:12 GMT

PM Hoekstra comments KLM future

The Dutch Prime Minister Wopke Hoekstra stated on Sunday that Air France-KLM must lower its costs simply to survive the current crisis.

Sun, 13 Sep 2020 13:23:32 GMT

Envision considers building plant in France

According to the Journal du Dimanche, Chinese Envision is considering building a battery plant in France to supply growing EV market.

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