News

Sun, 20 Sep 2020 12:32:55 GMT

Facebook complainst to EU actions

According to the Ireland High Court's documents, Facebook doubted continuation of its operations in the European Union if regulator frozen its data transfer.

Sun, 20 Sep 2020 11:18:19 GMT

Bertrand urges to save tyre plant

Xavier Bertrand, the head of the French Hauts-de-France region, stated on Sunday that the government must invest funds in a Bridgestone tyre plant to save it from closure.

Sun, 20 Sep 2020 10:27:22 GMT

EU wants be able to punish tech giants

According to the Financial Times, the European Union was working on a plan that would give the bloc necessary powers to penalize multinational tech companies when needed.

Sun, 20 Sep 2020 09:23:52 GMT

ByteDance gives TikTok $60B valuation

TikTok's owner, Chinese company ByteDance, stated on Sunday that the app value is close to $60B.

Sun, 20 Sep 2020 07:47:27 GMT

Germany plans insolvency rules relaxation

Germany is set to relax insolvency rules to help prevent a wave of bankruptcies in the economy, provided companies hit by the crisis have a strong business model.

Sun, 20 Sep 2020 07:32:52 GMT

Walmart, Oracle confirm investing in TikTok

Walmart and Oracle issued a common statement acknowledging earlier reporting on their deal with ByteDance to acquire 20% of TikTok Global business.

Sun, 20 Sep 2020 06:05:02 GMT

US praises Colombia's stance against Maduro

The US Secretary of State Mike Pompeo hailed Colombia's stance against the Venezuelan President Nicolas Maduro and promised that the US would continue to help Colombia fight drug trafficking.

Sun, 20 Sep 2020 05:25:32 GMT

TikTok asks US judge to block Trump's ban

According to court documents, TikTok and ByteDance filed a complaint in the Washington federal court challenging the recent ban by the US Commerce Department.

Sun, 20 Sep 2020 04:17:30 GMT

Britain risks fresh national lockdown

On Saturday, Neil Ferguson, a professor of epidemiology, said that the United Kingdom would need to introduce a second national lockdown to curb the spread of coronavirus.

Sun, 20 Sep 2020 03:24:25 GMT

Lebanon's FPM offers idea to end dispute

The leader of the Lebanese Free Patriotic Movement has offered a proposal to resolve the dispute over a new cabinet.

Sun, 20 Sep 2020 00:29:54 GMT

Rolls-Royce plans to raise around $3.2B

According to the Financial Times report published on Saturday, Rolls-Royce Holdings is planning to raise about $3.2B from investors.

Sat, 19 Sep 2020 19:55:39 GMT

Trump to appoint new Supreme Court judge

The US President Donald Trump stated on Saturday that he would appoint new Supreme Court judge "without delay".

Sat, 19 Sep 2020 19:02:26 GMT

Rolls-Royce to raise $3.2B

The UK Rolls-Royce Holdings Plc stated on Saturday that it would raise up to $3.2B in an attempt to strengthen its balance sheet.

Sat, 19 Sep 2020 17:01:22 GMT

China natural gas output increases

The Chinese natural gas output increased 3.7% to 14.2B cubic meters the previous month, data published by the National Bureau of Statistics show.

Sat, 19 Sep 2020 16:00:24 GMT

British retail sales rise

Retail sales in Britain increased for the fourth consecutive month in August, data published by the Office for National Statistics show.

Sat, 19 Sep 2020 15:09:17 GMT

Russia keeps key rate unchanged

The Central Bank of Russia kept the key lending rate unchanged at 4.25% despite increased uncertainty related to the ongoing pandemic, a statement published by the bank shows.

Sat, 19 Sep 2020 14:16:51 GMT

Canada wholesale sales reach record high

Wholesale sales in Canada increased 4.3% to a record high of $49B in July, compared to the same period the prior year, the Statistics Canada reports.

Sat, 19 Sep 2020 13:34:18 GMT

China crude oil output rises 2.3%

Crude oil output in China increased 2.3% to 16.65M tonnes in August, compared to the same period the prior year, data published by the National Bureau of Statistics show.

Sat, 19 Sep 2020 12:35:49 GMT

Xi highlights China's economy strength

The Chinese leader Xi Jinping noted on Saturday that the country's economy proved to be flexible amid various external risks and pressure.

Sat, 19 Sep 2020 11:01:52 GMT

Hungary prolongs loan moratorium

The Hungarian Prime Minister Viktor Orban stated on Saturday that the government had decided to prolong the moratorium on credit repayments for some households until the middle of next year.

Sat, 19 Sep 2020 10:25:02 GMT

US to forbid WeChat, TikTok

Starting from Sunday, Chinese WeChat and TikTok will be prohibited from downloading by Americans based on the US Commerce Department decision.

Sat, 19 Sep 2020 09:20:35 GMT

TikTok to challenge Trump's ban

According to court documents, ByteDance Ltd. filed a complaint against the ban imposed on its mobile app, TikTok, by the US Commerce Department.

Sat, 19 Sep 2020 07:51:24 GMT

LVMH submits Tiffany takeover for EU approval

LVMH submitted its takeover of Tiffany for EU approval, seeking to counter accusations that the company intentionally stalled antitrust proceedings.

Sat, 19 Sep 2020 06:45:44 GMT

Ericsson to buy Cradlepoint for $1.1B

Ericsson agreed to buy Cradlepoint, the US-based wireless networking firm, in a $1.1B deal within its plans to expand 5G-related products for business customers.

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