News

Note: This section contains information in English only.
Mon, 29 Jun 2020 03:03:58 GMT

Ireland's Parliament picks new PM

Taoiseach Micheal Martin, the leader of the Fianna Fail Party, was named as the new Prime Minister of Ireland on Saturday.

Mon, 29 Jun 2020 01:48:32 GMT

UK to ditch 14-day quarantine for some countries

The UK government announced on Friday that it would ease the 14-day quarantine for travellers coming from low COVID-19 risk counties.

Sun, 28 Jun 2020 19:42:33 GMT

Federal Reserve buys bonds

On Sunday, it was revealed that the Fed had bought bonds of various companies valued at $428 million.

Sun, 28 Jun 2020 18:43:56 GMT

ECB needs loose policy

In an interview with Handelsblatt the ECB policymaker Francois Villeroy de Galhau stated that the ECB needs to keep its monetary policy loose.

Sun, 28 Jun 2020 17:45:22 GMT

UK PM comments on health

On Sunday, in an interview with the Mail the Prime Minister of the United Kingdom did press ups to demonstrate how fit he is after being sick with the coronavirus.

Sun, 28 Jun 2020 16:43:29 GMT

Boris Johnson schedules speech

It was revealed on Sunday by Reuters that the Prime Minister of the United Kingdom had scheduled a speech for Tuesday during which a new stimulus program would be announced.

Sun, 28 Jun 2020 15:43:44 GMT

China's central bank comments on economy

On Sunday, the People's Bank of China stated that the Chinese economy is still set to face challenges created by the coronavirus pandemic.

Sun, 28 Jun 2020 14:41:54 GMT

Chinese firms post profits

Data published on Sunday revealed that Chinese industrial firms in May gained first monthly profits for the first time in a six month period.

Sun, 28 Jun 2020 13:42:38 GMT

Ben Carson comments on UK and US trade

The US Housing and Urban Development Secretary Ben Carson stated on Sunday that the US and UK could make a partial trade deal before agreeing on more difficult issues.

Sun, 28 Jun 2020 13:22:30 GMT

Iberia announces downsizing

On Saturday, the CEO of the Spanish airline Iberia Luis Gallego announced that the company would downsize its staff.

Sun, 28 Jun 2020 11:49:01 GMT

British Minister comments on economy

The Interior Minister of the United Kingdom Priti Patel stated on Sunday that the UK government would get the economy moving via an infrastructure roadmap.

Sun, 28 Jun 2020 10:44:12 GMT

China plans new licences

On Saturday, Caixin reported that the Chinese government intends to grant investment banking licences to commercial lenders.

Sun, 28 Jun 2020 09:49:21 GMT

Boeing resumes 737 MAX tests

Reuters revealed on Sunday that three day tests of Boeing 737 MAX airplanes were set to begin on Monday.

Sun, 28 Jun 2020 09:30:12 GMT

Under Armour ends partnership

On Saturday, the athletic apparel producer Under Armour stated that it would end its partnership with the University of California, Los Angeles.

Sun, 28 Jun 2020 08:00:29 GMT

PBOC injects $14.17B into financial system

The People's Bank of China injected $14.17B into the financial system at an interest rate of 2.2%, data published by the central bank show.

Sun, 28 Jun 2020 07:08:54 GMT

S&P affirms Hong Kong rating

The international credit rating agency Standard & Poor's affirmed the AA+ credit rating on Hong Kong, a statement published by the company shows.

Sun, 28 Jun 2020 06:01:53 GMT

China industrial profits drop

Profits of major industrial firms in China declined 19.3% in the first five months of the current year, compared to the same period the previous year, official data show.

Sun, 28 Jun 2020 05:39:02 GMT

DOJ probes App Store payment rules

The US Department of Justice focused its federal antitrust investigation into Apple's App Store rules indicating payment policy, Bloomberg reported.

Sun, 28 Jun 2020 03:44:22 GMT

Delta to warn pilots over potential furloughs

Delta Air Lines was planing to send notices next week to warn more than 2.5K its pilots over possible furloughs, CNBC reported, citing an internal memo.

Sun, 28 Jun 2020 03:33:01 GMT

Commerzbank to cut costs more aggressively

Commerzbank AG considered to slash more than 7K jobs and close 400 branches, as a response to shareholders' criticism about the pace of cost-cutting.

Sat, 27 Jun 2020 21:31:18 GMT

Under Armour to end partnership with UCLA

Athletic apparel maker Under Armour stated that it will discontinue partnership with UCLA, which lasted for 15 years, after $280M accord was announced in 2016.

Sat, 27 Jun 2020 20:16:09 GMT

China reports current account deficit

The State Administration of Foreign Exchange reported on Saturday that China's current account deficit reached $33.7M in Q1.

Sat, 27 Jun 2020 19:05:10 GMT

UK car production substantially declines

The Society of Motor Manufacturers and Traders stated on Saturday that the number of cars produced in the UK in May was 95.4% lower compared with the same period last year.

Sat, 27 Jun 2020 18:12:55 GMT

China's debt rises

The State Administration of Foreign Exchange stated on Saturday that China's external debt increased 1.8% in May compared with the same period a year ago.

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