News

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Sun, 07 Mar 2021 19:09:20 GMT

Canada economic activity rises

Economic activity in Canada increased at the fastest pace in half a year in February, Ivey Purchasing Managers Index data show.

Sun, 07 Mar 2021 18:00:14 GMT

Coursera files for IPO

Online learning platform Coursera filed for an IPO, revealing an increase in revenue amid the disruption from the COVID-19 pandemic.

Sun, 07 Mar 2021 17:06:30 GMT

First neobank opens in UAE

The first independent online bank in the United Arab Emirates, YAP, launched on Sunday with the aim to become a sector leader in the Middle East.

Sun, 07 Mar 2021 15:09:30 GMT

China trade surplus reaches $103.25B

China reported a trade surplus of $103.25B for the first two months of the current year after the country reached a $78.17B surplus in December, official data show. 

Sun, 07 Mar 2021 14:33:49 GMT

Dow to construct hub in South China

The US giant Dow is planning to build a manufacturing hub in the Guangdong Province to strengthen its position in the Asian market.

Sun, 07 Mar 2021 13:15:35 GMT

China's FX reserves drop in February

According to the People's Bank of China, the country's foreign currency reserves decreased to $3.2049.9T from $3.2106.7T in February.

Sun, 07 Mar 2021 12:28:05 GMT

China hopes for better cooperation with US

The State Councillor Wang Yi urged the United States on Saturday to abolish "unreasonable" obstacles in cooperation between two countries.

Sun, 07 Mar 2021 11:37:20 GMT

US agency probes Facebook

According to persons familiar with the matter, the US Equal Employment Opportunity Commission launched an investigation against Facebook over racial bias in human resources management.

Sun, 07 Mar 2021 10:25:31 GMT

Deliveroo to offer customers $69M in shares

Ahead of listing on the London Stock Exchange, Deliveroo announced that it would issue to its customers shares worth $69M.

Sun, 07 Mar 2021 09:28:35 GMT

China exports surge

Exports from China surged 60.6% in January-February, compared to the same period the previous year, the General Administration of Customs reports.

Sun, 07 Mar 2021 08:33:40 GMT

China wants US to remove restrictions

China is ready to communicate with the US to remove "unreasonable" restrictions on trade, the Chinese Foreign Minister Wang Yi says.

Sun, 07 Mar 2021 06:56:39 GMT

AirAsia Group plans drone delivery service

Malaysia's AirAsia Group announced plans to launch the country's first drone delivery service and air taxi service, seeking to diversify during the coronavirus pandemic.

Sun, 07 Mar 2021 05:48:00 GMT

US, EU agree on pause over trade tariffs

The US and the EU agreed to a four-month pause over tariffs, Bloomberg reported, after Washington and the UK also announced a fourth-month term to discuss a trade settlement.

Sun, 07 Mar 2021 04:53:10 GMT

Coursera files for IPO

Online education platform Coursera filed for an IPO with the US regulators, revealing a rise in revenue during the coronavirus pandemic.

Sun, 07 Mar 2021 04:38:23 GMT

AT&T ex-chief joins Walmart

Walmart Inc announced that it appointed former AT&T Chief Executive Officer Randall Stephenson to the company's board.

Sat, 06 Mar 2021 22:01:21 GMT

Russia's inflation expected to peak in March

Russia's Economy Ministry stated that it expected yearly inflation to peak this month and then to decline gradually after it increased to 5.7% in February.

Sat, 06 Mar 2021 21:33:41 GMT

Palihapitiya sells Virgin Galactic shares

Chamath Palihapitiya, venture investor, confirmed on Saturday the sale of Virgin Galactic Holdings Inc shares.

Sat, 06 Mar 2021 20:29:06 GMT

US to start payouts in March

The US President Joe Biden stated on Saturday that $1,400 payouts could begin already in March.

Sat, 06 Mar 2021 19:03:08 GMT

S. Korea online shopping skyrockets

Online shopping in South Korea increased 22.4% in January, compared to the same period the previous year, a report published by the Statistics Korea shows.

Sat, 06 Mar 2021 18:00:38 GMT

Canada reports $1.1B trade surplus

Canada reached a trade surplus of $1.1B in January 2021, the largest surplus since July 2014, data published by the Statistics Canada show.

Sat, 06 Mar 2021 17:01:53 GMT

Italy retail sales decline

Retail sales in Italy declined 6.8% in January, compared to the same period in 2020, a report published by the National Statistics Institute shows.

Sat, 06 Mar 2021 15:59:21 GMT

US trade deficit widens

The US trade deficit widened 1.9% to $68.2B in January as imports increased at a faster pace than exports, data published by the US Commerce Department show.

Sat, 06 Mar 2021 15:02:25 GMT

China targets 6% growth in 2021

China wants the economy to expand over 6% in 2021 after a slowdown in 2020 caused by the COVID-19 pandemic, China's Premier Li Keqiang says.

Sat, 06 Mar 2021 14:36:14 GMT

China's home prices increase

According to the China Index Academy, the house prices in major Chinese cities increased 0.2% in February.

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