News

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Sat, 15 Aug 2020 20:47:16 GMT

Peru's economy declines 18.06%

The economy of Peru contracted 18.06% year-on-year in June, the fourth month of contraction amid the impact of the coronavirus pandemic.

Sat, 15 Aug 2020 19:46:19 GMT

RILA to fight counterfeit goods

The Retail Industry Leaders Association (RILA) stated on Friday on formed a coalition with other trade companies to combat counterfeit goods on online stores such as Amazon.com.

Sat, 15 Aug 2020 19:36:11 GMT

South Africa lifts lockdown

On Saturday, the government of South Africa lifted the lockdown restrictions that were implemented due to COVID-19.

Sat, 15 Aug 2020 19:36:02 GMT

Facebook regrets about Apple decision

Facebook expressed regret on Saturday about Apple's decision to refuse abolishing a 30% fee for listing applications on its platform.

Sat, 15 Aug 2020 17:41:52 GMT

Modi comments on Covid vaccine

On Saturday, the Prime Minister of India stated that India is ready for the mass production of coronavirus vaccines.

Sat, 15 Aug 2020 16:42:42 GMT

IG Metall offers four-day week

The German trade union IG Metall on Saturday proposed a four-day work week in order to save industry jobs.

Sat, 15 Aug 2020 16:03:09 GMT

Alibaba shuts down supermarkets

On Saturday, it was announced by Alibaba-owned chain Freshippo that it would shut down 21 supermarkets in Shenzhen due to the coronavirus.

Sat, 15 Aug 2020 14:50:13 GMT

Debenhams evaluates liquidation

Sky News reported on Saturday that Debenhams had appointed a group of advisers, which would draw up plans of a liquidation.

Sat, 15 Aug 2020 13:42:06 GMT

Pompeo visits Poland

On Saturday, the US Secretary of State Mike Pompeo visited Poland and met with the PM Mateusz Morawiecki to discuss a defence agreement and the situation in Belarus.

Sat, 15 Aug 2020 12:41:19 GMT

UPS and FedEx issue warning

UPS and FedEx announced on Friday that the two companies could not deliver mail-in ballots of the US Postal Service.

Sat, 15 Aug 2020 11:48:57 GMT

Lukashenko and Putin discuss Belarus

On Saturday, Interfax reported that the President of Belarus Alexander Lukashenko and President of Russia Vladimir Putin had discussed the ongoing protests in Belarus.

Sat, 15 Aug 2020 10:47:01 GMT

BoE's Haldane gives optimistic prognose

The Bank Of England Chief Economist Andy Haldane stated on Saturday that the country's economy showed signs of a rapid recovery, mostly thanks to the larger consumer spending.

Sat, 15 Aug 2020 09:42:41 GMT

US retail sales grow slover in July

According to a data released on Friday, retail sales in the US in July grew 1.2% instead of the forecasted 1.9%.

Sat, 15 Aug 2020 09:16:56 GMT

IG Metall proposes four-day working week

The German trade union IG Metall backed on Saturday introduction of a four-day working week as a move to secure jobs that could be lost because of the coronavirus pandemic.

Sat, 15 Aug 2020 08:30:26 GMT

Trump gives ByteDance 90 days

The US President Donald Trump said on Friday that Chinese ByteDance had three months to divest operations of TikTok in the US.

Sat, 15 Aug 2020 06:58:39 GMT

Fortnite gamers show support for Epic Games

Fortnite gamers with hundreds of thousands of YouTube followers and Spotify have shown their support for Epic Games for suing Google and Apple.

Sat, 15 Aug 2020 06:01:42 GMT

US consumer sentiment remains stable

The US consumer sentiment surged to a reading of 72.8 in August from 72.5 in July, the University of Michigan announced on Friday.

Sat, 15 Aug 2020 05:00:16 GMT

US factory output increases in July

The US Federal Reserve announced on Friday that the US manufacturing production edged up by 3.4% in July.

Sat, 15 Aug 2020 04:12:41 GMT

UK to buy COVID-19 vaccines from US drugmakers

The United Kingdom will purchase potential coronavirus vaccines from Novavax Inc and Johnson & Johnson, the companies announced on Friday.

Sat, 15 Aug 2020 03:34:30 GMT

Epic Games file lawsuits against Google, Apple

Fortnite developer Epic Games has filed antitrust lawsuits against Google and Apple after the firms dropped the popular video game from their app stores.

Fri, 14 Aug 2020 20:56:11 GMT

US business inventories depreciate in June

According to data published by the US Commerce Department on Friday, business inventories dropped by 1.1% in June.

Fri, 14 Aug 2020 20:04:01 GMT

Trump comments on stimulus

On Friday, the US President Donald Trump announced that he is ready to release a new coronavirus aid package.

Fri, 14 Aug 2020 18:44:10 GMT

CureVac shares surge

On its debut on the stock market on Friday, CureVac share price surged by 175%, as the company would develop a coronavirus vaccine.

Fri, 14 Aug 2020 18:20:53 GMT

US retailers fight Amazon fake goods

On Friday, various US retailers announced a coalition, which would fight the counterfeit goods that are sold on Amazon.

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