News

Note: This section contains information in English only.
Mon, 26 Oct 2020 19:09:21 GMT

World trade to decline sharply in 2020

World trade is expected to decline sharply in 2020 amid the coronavirus pandemic, a statement published by the World Trade Organization shows.

Mon, 26 Oct 2020 18:10:05 GMT

Moody's cuts India growth forecast

Moody's Investors Service revised India's economic growth forecast to 0% for the fiscal year 2021, data published by the company show.

Mon, 26 Oct 2020 15:04:06 GMT

Johnson comments on Brexit talks

The Prime Minister of the United Kingdom Boris Johnson stated on Monday that a Brexit decision is separate from the US election results.

Mon, 26 Oct 2020 14:23:03 GMT

Fiat and PSA receive EU approval

On Monday, Fiat Chrysler and PSA received the approval of the European Union for a $38 billion worth merger.

Mon, 26 Oct 2020 12:41:54 GMT

EU negotiates trade with UK

It was revealed on Monday that Michel Barnier has been sent to the UK to continue to negotiate a trade deal between the EU and the UK.

Mon, 26 Oct 2020 12:09:02 GMT

Hasbro beats forecasts

On Monday, Hasbro announced that the company had beat its quarterly earnings forecast, as sales grew due to people staying at home.

Mon, 26 Oct 2020 10:55:40 GMT

Bayer to buy Asklepios BioPharmaceutical

Germany's Bayer will acquire the US biotech company Asklepios BioPharmaceutical for $4 billion, the German firm announced on Monday.

Mon, 26 Oct 2020 09:51:25 GMT

Crude oil prices decline by 3%

On Monday, crude oil prices edged lower by 3%, Brent crude was down by 3%, at $40.52 per barrel at 07:55 GMT, while the US WTI crude fell by 3.20%, to $38.57 a barrel.

Mon, 26 Oct 2020 08:50:34 GMT

Geely to produce premium Polestar cars

The new electric vehicle plant planned by the Chinese carmaking group Geely is set to manufacture the premium Polestar cars, Reuters reported on Monday.

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.

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