News

Note: This section contains information in English only.
Mon, 26 Oct 2020 08:17:29 GMT

Hyundai reports quarterly loss

On Monday, the South Korean carmaker Hyundai Motor reported a net loss of $297.72B for its Q3, missing market expectations, as engine quality issues hit the company's earnings.

Mon, 26 Oct 2020 06:15:06 GMT

Qatar signs agreement with drugmaker Moderna

According to the QNA state news agency, the Qatari government has signed a deal to buy Moderna Inc COVID-19 vaccine.

Mon, 26 Oct 2020 05:01:51 GMT

Italy to shutdown restaurants, bars by 6 p.m.

On Sunday, the Italian government ordered restaurants and bars to shut down by 6 p.m. in an effort to curb soaring coronavirus infections.

Mon, 26 Oct 2020 04:00:02 GMT

Cenovus Energy to acquire Husky Energy

On Sunday, the Canadian oil and gas company Cenovus Energy has agreed to acquire Husky Energy Inc for $2.9 billion.

Mon, 26 Oct 2020 02:34:10 GMT

Spain's PM announces new state of emergency

On Sunday, Spain's Prime Minister Pedro Sanchez declared a new state of emergency to tackle the recent spike in coronavirus cases.

Sun, 25 Oct 2020 18:01:06 GMT

Sanchez to ask Parliament to back new rules

Spain's Prime Minister Pedro Sanchez said that he would ask its allies in Parliament to support extending the new state of emergency for six months.

Sun, 25 Oct 2020 16:56:56 GMT

Pelosi says relief bill talks continue

The US House of Representatives Speaker Nancy Pelosi announced on Sunday that the White House was reviewing the latest proposal for more coronavirus stimulus bill.

Sun, 25 Oct 2020 16:09:01 GMT

Israel, Sudan to talk trade & migration deals

The Sudanese Foreign Ministry announced on Sunday that Israel and Sudan would discuss trade and migration agreements in the upcoming weeks.

Sun, 25 Oct 2020 15:38:54 GMT

Italy to close bars and restaurants

The Italian government ordered on Sunday all bars and restaurants to be closed by 6 p.m. amid the spike in the number of people infected with coronavirus.

Sun, 25 Oct 2020 14:31:01 GMT

Spain announces new state of emergency

On Sunday, the Spanish government made a decision to declare a new state of emergency amid the spike in people infected by a coronavirus.

Sun, 25 Oct 2020 13:35:35 GMT

Lewis hopes for a deal with EU

The British Northern Ireland Minister Brandon Lewis stated on Sunday that the UK and EU had a good opportunity to conclude a mutually beneficial deal on future bilateral relations.

Sun, 25 Oct 2020 12:35:37 GMT

Russia's NWF value amounts $164.26B

The Russian Minister of Minister Anton Siluanov stated on Sunday that the country's National Wealth Fund (NWF) would amount $164.26B by the end of this year.

Sun, 25 Oct 2020 11:36:14 GMT

Cenovus Energy to acquire Husky Energy

The Canadian oil and gas company Cenovus Energy announced on Sunday that it would acquire Husky Energy Inc for $23.6B.

Sun, 25 Oct 2020 10:36:51 GMT

ANA to close 3.5K jobs in three years

According to the Yomiuri daily, Japanese ANA Holdings Inc is planning to cut nearly 3.5K jobs in the next three years amid the ongoing coronavirus pandemic.

Sun, 25 Oct 2020 09:36:08 GMT

Brazil becomes China's No. 3 oil supplier

According to the China's General Administration of Customs, Brazil became the third-biggest oil supplier for China in September as the shipments soared to 4.49M tonnes.

Sun, 25 Oct 2020 08:34:20 GMT

SABIC Q3 profit up 47%

Saudi Basic Industries Corp (SABIC), one of the world largest petrochemicals companies, reported on Sunday a 47% increase of its Q3 net profit amid higher volume of sales.

Sun, 25 Oct 2020 06:45:39 GMT

Ant likely to attract up to $17B

China's Ant Group is likely to raise up to $17.3B in its Shanghai initial public offering worth $35B, the world's biggest listing, following investors' bids of 68-69 yuan for a share.

Sun, 25 Oct 2020 05:52:19 GMT

CCEP likely to buy Coca-Cola Amatil

Coca-Cola European Partners entered the advanced talks to buy Australia's Coca-Cola Amatil, with the further details likely to be announced within the upcoming day, according to Bloomberg News report.

Sun, 25 Oct 2020 04:47:04 GMT

Delta-WestJet tie-up gets preliminary approval

The US Transportation Department tentatively approved the proposed alliance deal between Delta Air Lines and Canada's WestJet, which is deemed to expand the US-Canada travel options.

Sun, 25 Oct 2020 04:06:38 GMT

AstraZeneca sees extra 20% manufacturing costs

AstraZeneca said its COVID-19 vaccine agreement with Oxford University would allow to add nearly twenty percent of production costs to cover extra expenses that the British drugmaker should incur.

Sat, 24 Oct 2020 22:00:53 GMT

Facebook may face antitrust charges soon

The United States may file antitrust charges against the social media giant Facebook as early as November, according to the Washington Post.

Sat, 24 Oct 2020 19:48:04 GMT

Coca-Cola Amatil might have new owners

According to the Bloomberg, Coca-Cola European Partners hold negotiations over potential acquisition of Australia's Coca-Cola Amatil.

Sat, 24 Oct 2020 18:51:57 GMT

Spain to consider state of emergency

On Sunday, the Spanish government would hold a meeting to evaluate the need of declaring a new state of emergency because of the coronavirus pandemic.

Sat, 24 Oct 2020 18:18:46 GMT

Ant Group likely to raise $17.3B

According to sources familiar with the matter, Chinese Ant Group is expected to raise up to $17.3B from its Shanghai leg's IPO.

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