News

Mon, 14 Dec 2020 05:00:52 GMT

China's new home prices grow by 0.1%

According to data from the Chinese National Bureau of Statistics, China's new home prices rose by 0.1% in November, the slowest pace since March 2020.

Mon, 14 Dec 2020 04:02:55 GMT

Barnier to brief EU's ambassadors on Monday

The EU chief negotiator Michel Barnier will brief the European Union Ambassadors Monday about the nature of Brexit negotiations, Sebastian Fischer, an EU spokesman for Germany said on Twitter.

Mon, 14 Dec 2020 02:33:09 GMT

MSP Sports Capital takes stake in McLaren F1

On Sunday, the US-based MSP Sports Capital announced that it has acquired a 15% stake in McLaren F1.

Sun, 13 Dec 2020 21:20:18 GMT

McLaren is confident in Automotive

The McLaren Group Chairman Paul Walsh stated on Sunday that the company showed 60% revenue growth in the last quarter, which was a sign of good perspectives for coming year.

Sun, 13 Dec 2020 20:34:50 GMT

Rolls-Royce looks for new chairman

According to the Sky News report, the UK Rolls-Royce Holdings Plc started a search of a new chairman that should succeed Ian Davis in two years.

Sun, 13 Dec 2020 18:01:55 GMT

Johnson comments Brexit

On Sunday, the UK Prime Minister Boris Johnson announced that the European Union and the United Kingdom are far apart on a post-Brexit trade deal.

Sun, 13 Dec 2020 18:01:38 GMT

Brazil unveils coronavirus vaccination plan

On Saturday, the Brazilian Health Ministry said that 70% of the population need to be vaccinated to stop the spread of coronavirus.

Sun, 13 Dec 2020 17:05:00 GMT

UK, EU extend Brexit trade talks

The EU Commission President Ursula von der Leyen said on Sunday that the European Union and the United Kingdom have agreed to continue Brexit trade talks beyond Sunday deadline.

Sun, 13 Dec 2020 16:06:04 GMT

India industrial production rises

Industrial production in India expanded 3.6% in October, compared to the same period the previous year, the Ministry of Statistics and Programme Implementation reports.

Sun, 13 Dec 2020 15:09:39 GMT

China approves new IPOs

The China Securities Regulatory Commission approved IPOs of Sanyou Corporation, Nantong Jiangtian Corporation and Jiangsu Bojun Industrial Technology Corporation.

Sun, 13 Dec 2020 13:47:05 GMT

China postal industry expands

The Chinese postal industry expanded 14.4% in the first 11 months of 2020, compared to the same period the prior year, the State Post Bureau reports.

Sun, 13 Dec 2020 12:54:40 GMT

Morocco economy to shrink 2% in 2020

The economy of Morocco is expected to shrink 2% in 2020, a statement published by the European Bank for Reconstruction and Development shows.

Sun, 13 Dec 2020 12:05:28 GMT

Polish economy to contract 4.25% in 2020

The Polish economy is expected to contract 4.25% in 2020 amid the COVID-19 pandemic, a report published the European Commission states.

Sun, 13 Dec 2020 11:32:26 GMT

MSP Sports Capital buys into McLaren F1

MSP Sports Capital, investment group based in the US, decided to become a minority shareholder in McLaren Racing.

Sun, 13 Dec 2020 10:34:36 GMT

UN urges to declare climate emergency

Antonio Guterres, the UN Secretary-General, urged every country in the world to declare climate emergency and take measures that would reduce atmospheric emission.

Sun, 13 Dec 2020 09:33:51 GMT

Raab says there is long way to go

The British Foreign Minister Dominic Raab stated on Sunday there were still so many things that needs to be agreed within the Brexit talks.

Sun, 13 Dec 2020 07:01:00 GMT

AstraZeneca acquires Alexion for $39B

On Saturday, the British pharmaceutical company AstraZeneca has agreed to acquire Alexion Pharmaceuticals for $39B.

Sun, 13 Dec 2020 06:01:41 GMT

Rolls-Royce begins search for new chairman

According to Sky News report published on Saturday, Rolls-Royce Holdings has begun the search for the next chairman.

Sun, 13 Dec 2020 05:02:04 GMT

Fiat's CEO likely to take top job at Ferrari

On Saturday, Italy's daily Il Messaggero reported that Mike Manley, the Chief Executive of Fiat Chrysler, is likely to take the top job at Ferrari.

Sun, 13 Dec 2020 04:01:12 GMT

BioNTech looks for more vaccine production

BioNTech's CEO Ugur Sahin said that the biggest hurdle facing Pfizer-BioNTech now that the US FDA has authorized the vaccine for emergency use would be to scale up production to meet the huge demand.

Sat, 12 Dec 2020 22:49:11 GMT

Roblox delays IPO until early next year

Roblox Corp has delayed its proposed initial public offering until early 2021, the company's CEO David Baszucki said in a memo on Friday.

Sat, 12 Dec 2020 21:17:37 GMT

AstraZeneca to acquire Alexion

The UK AstraZeneca agreed on Saturday to acquire American drug producer Alexion Pharmaceuticals for $39B to diversify its business.

Sat, 12 Dec 2020 20:34:21 GMT

Germany plans to close shops

According to sources familiar with the matter, the German government is planning to close shops starting from next week as a part of stricter coronavirus measures.

Sat, 12 Dec 2020 19:01:46 GMT

Switzerland freezes Lukashenko's assets

The Swiss government announced on Saturday that it has frozen the financial assets of the Belarusian President Alexander Lukashenko due to the violent elections in August 2020.

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