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GM plans C$1B investment in Canada plant
Sat, 16 Jan 2021 23:26:56 GMT
 
General Motors signed a tentative deal with the labour union Unifor for the carmaker to make an investment of nearly C$1B ($785.42M) in its Canadian CAMI Assembly Plant to build >>
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Goldman raises US growth forecast
Sat, 16 Jan 2021 21:31:30 GMT
 
Goldman Sachs on Saturday raised its outlook for the US economy growth amid the stimulus plan presented by the President-elect Joe Biden. >>
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Couche-Tard to discuss partnership with Carrefour
Sat, 16 Jan 2021 20:33:41 GMT
 
European Carrefour SA and Canadian Couche-Tard agreed on Saturday to discuss partnership after acquistion talks had failed. >>
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PSA and Fiat Chrysler seal merger deal
Sat, 16 Jan 2021 19:02:17 GMT
 
On Saturday, the French PSA and the Italian-American Fiat Chrysler finalized the long-awaited $52 billion merger deal to become Stellantis. >>
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Russia to reopen air travel with four countries
Sat, 16 Jan 2021 17:58:02 GMT
 
On Saturday, the Russian government announced that air travel from Moscow to Qatar, Vietnam, Finland and India would restart from January 27. >>
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Germany's CDU elects Laschet as chairman
Sat, 16 Jan 2021 16:59:11 GMT
 
On Saturday, the German ruling Christian Democratic Union has selected Armin Laschet as the new chairman. >>
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Pakistan's DRAP approves AstraZeneca's vaccine
Sat, 16 Jan 2021 16:01:16 GMT
 
The Drug Regulatory Authority of Pakistan has authorized the AstraZeneca COVID-19 vaccine for emergency use, the Pakistani Health Minister Faisal Sultan said on Saturday. >>
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Brazil not to bank Huawei
Sat, 16 Jan 2021 15:35:03 GMT
 
The Brazilian government stated on Saturday that it would not prohibit Huawei to participate in 5G network auctions. >>
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Turkey announces $18.5B investment program
Sat, 16 Jan 2021 13:47:41 GMT
 
On Saturday, the Turkish government announced the beginning of public investment programme for 2021 worth $18.5B mostly focused on communication and transportation projects. >>
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Armin Laschet to lead CDU
Sat, 16 Jan 2021 13:34:57 GMT
 
Members of the German CDU party picked on Saturday Armin Laschet as their new head instead of Angela Merkel. >>
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Fiat Chrysler and PSA seal merger deal
Sat, 16 Jan 2021 12:21:30 GMT
 
On Friday, Fiat Chrysler and PSA sealed merger deal that would create the fourth-largest car group, Stellantis. >>
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Capital One receives fine for AML rules violation
Sat, 16 Jan 2021 11:24:14 GMT
 
On Friday, the US FinCEN reported that Capital One Financial Corp admitted violation of anti-money laundering regulations, thus receiving a $390M penalty. >>
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US to distribute aid to airlines
Sat, 16 Jan 2021 10:35:00 GMT
 
The US Treasury began of Friday distributing $15B in payroll assistance to air companies suffered from the pandemic restrictions. >>
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GM to invest C$1B in CAMI plant
Sat, 16 Jan 2021 09:35:31 GMT
 
General Motors Co together with Unifor labor unit announced on Friday that they would invest C$1B CAMI Assembly Plant to produce electric vans. >>
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US retail sales continue to decline
Sat, 16 Jan 2021 08:02:43 GMT
 
As reported by the US Commerce Department on Friday, the US retail sales declined for a third consecutive month in December. >>
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