News

Note: This section contains information in English only.
Mon, 18 Jan 2021 15:15:10 GMT

Foxconn unit gets licence to produce laptops

On Monday, Vietnam has granted a licence to Foxconn Technology's unit to establish a $270M worth plant to develop tablets and laptops, according to the Vietnamese government's statement.

Mon, 18 Jan 2021 13:55:24 GMT

Amazon plans two new hubs opening in Italy

Amazon is planning the opening of two new logistics hubs in Italy in 2021, making an investment worth over €230M, the world's biggest online retailer announced on Monday.

Mon, 18 Jan 2021 13:37:36 GMT

Stellantis shares surge on EU debut

Stellantis shares surged 7.5% on their debut on Monday, following the creation of the world's fourth-biggest automaker was this weekend with the $48B merger deal completion between PSA and Fiat Chrysler.

Mon, 18 Jan 2021 12:14:00 GMT

Biden likely to cancel permit for Keystone XL pipeline

The US President-elect Joe Biden may cancel the $9B Keystone XL pipeline project's permit as early as his first day in the office, Reuters reported on Monday, citing sources close to the matter.

Mon, 18 Jan 2021 10:42:39 GMT

Southeast Asia's Grab explores US IPO in 2021

Southeast Asia's food delivery and ride-hailing giant Grab is considering an initial public offering in the United States in 2021, Reuters reported on Monday.

Mon, 18 Jan 2021 08:41:25 GMT

Samsung's Lee gets 30-month in prison

On Monday, Jay Y. Lee, the vice chairman of Samsung Electronics, has been sentenced to 30-month prison term in the bribery trial, sending the company's shares down as much as 3.4% on the news.

Mon, 18 Jan 2021 08:33:14 GMT

Tesla launches Model Y delivery in China

On Monday, Tesla stated it had launched a delivery of its Model Y, the Shanghai-made sports utility vehicle, to the Chinese customers.

Mon, 18 Jan 2021 06:12:24 GMT

Jordan's FM comments on economic growth

On Sunday, Jordan's FM Mohamad Al Ississ said that a rebound in the country's economic growth to an outlook 2.5% this year depends on the idea of extended economic activity without imposing a lockdown.

Mon, 18 Jan 2021 05:30:42 GMT

Italy's PM struggles to build new majority

The Prime Minister of Italy Giuseppe Conte struggled to build majority in the Italian Senate after the former PM Matteo Renzi withdrew his Italia Viva Party from Italy's ruling coalition.

Mon, 18 Jan 2021 03:59:30 GMT

Israel's FM says economy likely to grow in 2021

On Sunday, the Israeli Finance Ministry announced that the country's economy is likely to edge higher by 4.6% in 2021.

Mon, 18 Jan 2021 02:45:07 GMT

Austria extends lockdown

On Sunday, the Austrian government extended the coronavirus lockdown until February, hoping to get new infection rates down to 50 per 100K residents over a seven-day period.

Sun, 17 Jan 2021 20:46:54 GMT

Jordan comments on GDP

On Sunday, the Finance Minister of Jordan Mohammad Al Issis stated that the economy of Jordan could grow 2.5% in 2021.

Sun, 17 Jan 2021 19:52:58 GMT

Iran addresses French claims

The Foreign Minister of Iran Javad Zarif stated on Sunday that the French claims that Iran was building up nuclear weapons were nonsense.

Sun, 17 Jan 2021 19:27:20 GMT

Raab comments on trade deals

On Sunday, the Foreign Minister of the United Kingdom Dominic Raab stated Britain should not offer free trade to countries that are abusers of human rights.

Sun, 17 Jan 2021 17:42:23 GMT

Austria extends lockdown

The Austrian government announced on Sunday that it would extend the coronavirus lockdown into February.

Sun, 17 Jan 2021 17:33:03 GMT

UK comments on lockdown

On Sunday, the Foreign Minister of the United Kingdom Dominic Raab stated that the UK could ease COVID-19 measures in March.

Sun, 17 Jan 2021 15:43:24 GMT

Israeli economy grows

The Finance Ministry of Israel announced on Sunday that the Israeli economy is likely going to grow 4.6% in 2021.

Sun, 17 Jan 2021 15:17:23 GMT

Samsung Chairman faces court

On Monday, the Samsung Electronics Vice Chairman Jay Y.Lee was set to face court charts on bribery, which could have him removed from his post.

Sun, 17 Jan 2021 14:19:45 GMT

German Minister comments on Covid-19

On Sunday, Foreign Minister of Germany Heiko Maas stated that vaccinated people could be allowed to go to cinemas and restaurants.

Sun, 17 Jan 2021 12:51:38 GMT

Biden plans new orders

Reuters revealed on Sunday that the incoming US President Joe Biden had prepared a dozen executive orders to be signed on day one of his presidency.

Sun, 17 Jan 2021 12:17:16 GMT

Deliveroo raises capital

On Sunday, Deliveroo revealed that it had raised additional $180 million from its investors, which brings the total value of the company to $7 billion.

Sun, 17 Jan 2021 11:33:56 GMT

Facebook to ban weapon ads

Facebook Inc stated on Saturday that it would ban all ads promoting rotective equipment and weapon accessories.

Sun, 17 Jan 2021 10:32:01 GMT

Europe wants to improve relations with US

The French Foreign Minister Jean-Yves Le Drian stated on Sunday that the EU would like to end trade disputes and find a common ground with the new US President, Joe Biden.

Sun, 17 Jan 2021 09:35:34 GMT

Biden plans to act immediately

Ron Klain, the member of the President-elect Joe Biden's staff, stated on Saturday that right after innaguration President would push changes on immigration, climate change, student loans and housing.

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