News

Sun, 05 Jul 2020 05:02:28 GMT

Embraer files lawsuit against planemaker's board

On Friday, workers' union of Embraer filed a lawsuit seeking to remove the planemaker's board for failing to prevent the joint deal with Boeing from falling through.

Sun, 05 Jul 2020 04:09:49 GMT

Cuban capital reopens without tourists

On Friday, Cuba's capital reopened after over three months of COVID-19 lockdown, but there was no indication of foreign visitors in Havana city.

Sun, 05 Jul 2020 03:11:39 GMT

Venezuela announces arrest warrants for members of CB board

The Venezuelan Chief Prosecutor Tarek Saab has issued arrest warrants for opposition's ad hoc Central Bank board of directors.

Sat, 04 Jul 2020 21:04:48 GMT

Italy to offer subsidies to combustion engine vehicles

According to two Italian lawmakers, Italy's Parliament has approved subsidies to combustion engine vehicles.

Sat, 04 Jul 2020 19:58:36 GMT

Daimler buys a stake in Farasis Energy

The German automaker Daimler stated on Saturday that it would acquire a stake in Farasis Energy, battery cell producer from China's Ganzhou.

Sat, 04 Jul 2020 18:59:01 GMT

NPC International applies for bankruptcy

NPC International, the US franchisee of Pizza Hut, filed for bankruptcy this week because of the coronavirus outbreak.

Sat, 04 Jul 2020 18:06:12 GMT

Siemens sees steep decline in business

Siemens saw the business volume contract nearly 20% in the April-June, and activity in 2021 is likely to stay below levels seen in 2019, the CFO told BoeZ.

Sat, 04 Jul 2020 16:43:16 GMT

Air France to slash 7,580 jobs

Air France announced plans to cut more than 7.5K jobs, including 1K positions at sister airline HOP, following the coronavirus-related crisis in air travel.

Sat, 04 Jul 2020 15:59:09 GMT

Sharp to list Dynabook PC next year

Japan's Sharp announced that it is sticking to an original plan to list laptop making unit in the next fiscal year, denying media reports that it may go public this year.

Sat, 04 Jul 2020 15:01:15 GMT

German Daimler to acquire stake in Chinese Farasis

The German carmaker Daimler plans to acquire an equity stake in the Chinese battery cell producer Farasis, the German carmaker reports.

Sat, 04 Jul 2020 14:00:38 GMT

Ireland economy to contract 9% in 2020

The Irish economy is likely to contract at least 9% in 2020 amid the coronavirus pandemic, a statement published by the Central Bank of Ireland shows.

Sat, 04 Jul 2020 13:00:12 GMT

Nepal tourism sector to lose $300M

Nepal's tourism industry is likely to lose around $300M amid the coronavirus pandemic, Nepal's Ministry of Culture, Tourism and Civil Aviation reports.

Sat, 04 Jul 2020 12:29:48 GMT

China trade surplus reaches $60B in May

China's goods and services trade surplus reached $60B in May, data published by the State Administration of Foreign Exchange show.

Sat, 04 Jul 2020 11:33:24 GMT

Commerzbank gets $730K fine

The Cyprian CySEC commission ruled on Saturday fine Germany's Commerzbank for $730K for operations conducted with the former Laiki bank.

Sat, 04 Jul 2020 10:25:36 GMT

Marshall Wace to raise $1B

According to source familiar with the matter, Marshall Wace is considering to raise $1B for a new hedge fund that will especial attention to ESG issues.

Sat, 04 Jul 2020 09:38:38 GMT

Shell considers moving HQ

Royal Dutch Shell CEO Ben van Beurden stated on Saturday that he did not exclude relocating the company's headquarters to the UK.

Sat, 04 Jul 2020 08:00:56 GMT

Aeromexico share price surge

The price of shares of Aeromexico increased 4.48% by Friday evening despite that company skipped debt payment.

Sat, 04 Jul 2020 06:43:47 GMT

Chinese services sectors expands in June

The Caixin/Markit Services Purchasing Managers' Index data showed on Friday that the Chinese services sector surged to 58.4 in June, the highest reading since April 2010.

Sat, 04 Jul 2020 06:21:16 GMT

Singapore launches investigation into Senjo and Citadelle

Singapore's Commercial Affairs Department has begun an investigation into Senjo Group, Citadelle Corporate Services and its subsidiaries.

Sat, 04 Jul 2020 04:56:43 GMT

Economic activity in Eurozone declines in June

The IHS Markit's Composite Purchasing Managers' Index data showed on Friday that economic activity in Eurozone contracted in June.

Sat, 04 Jul 2020 03:54:12 GMT

Knot comments on Eurozone's economy

The Dutch Central Bank President Klaas Knot stated on Friday that a recent data had solidified the confidence in the ECB's baseline scenario with a more favourable balance of risks.

Sat, 04 Jul 2020 03:11:51 GMT

Macron names new Prime Minister

On Friday, the French President Emmanuel Macron appointed Jean Castex as the new Prime Minister of France.

Fri, 03 Jul 2020 21:06:33 GMT

Brazil's economic activity declines in June

According to the Brazilian Services Purchasing Managers Index, Brazil's economic activity declined significantly in June.

Fri, 03 Jul 2020 20:45:36 GMT

Finnair to raise $575M in rights issue

Finnair stated that it is likely raise around $575M through oversubscribed rights issue, in a bid to strengthen its finances to cope with the coronavirus crisis.

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