News

Note: This section contains information in English only.
Sun, 12 Jul 2020 12:41:16 GMT

Huawei requests 5G delay

On Sunday, The Times reported that Huawei would request the UK government to delay the company's removal form the country's 5G network.

Sun, 12 Jul 2020 11:52:12 GMT

On prepares for IPO

A Swiss newspaper revealed on Sunday that the sports shoe producer On would apply for an initial public offering.

Sun, 12 Jul 2020 10:54:25 GMT

Engie designates new CEO

On Sunday, Reuters revealed that in September Engie would assign a new Chief Executive Officer.

Sun, 12 Jul 2020 10:08:49 GMT

Italy's high-yielding bonds draw investors

Despite the forecasted 11% decline of the country's economy this year, Italy offers the highest-yielding bonds in the euro area.

Sun, 12 Jul 2020 08:51:01 GMT

Engie to appoint new CEO in autumn

As the French multinational electric utility company, Engie seeks to shift in the direction of renewable energy, a new CEO candidate will be chosen in September.

Sun, 12 Jul 2020 08:35:21 GMT

Tesla reduces Model Y price

The leading US electric car manufacturer Tesla lowered the price of their Model Y by $3000, seeking to sustain the sales during the coronavirus-caused turbulences.

Sun, 12 Jul 2020 06:45:28 GMT

Onward, Zozo to tie-up as sales slump

Japan's Zozo and Onward are set to tie up in custom-made clothing to support each other in surviving a sales slump amid the coronavirus pandemic.

Sun, 12 Jul 2020 05:58:41 GMT

Cisco launches financing program for SMEs

Cisco launched the three-year financing program allowing SMEs in the Philippines to buy hardware, software and services at 0% interest and fixed monthly payments.

Sun, 12 Jul 2020 05:33:51 GMT

Huawei to delay its 5G network removal in UK

Huawei Technologies requested to meet with the UK Prime Minister Boris Johnson to cut a deal over the delay of the company's removal from the 5G network.

Sun, 12 Jul 2020 04:36:54 GMT

NordStar to acquire Torstar

Canadian media firm Torstar Corp reached an agreement to be acquired by NordStar at a 17.5% higher price over previous bid or 74 cents per share.

Sun, 12 Jul 2020 02:32:24 GMT

India negotiates trade deal with EU

India started negotiations over trade with the EU and is open to dialogue with the UK for a free trade agreement, the country's Trade Minister stated.

Sat, 11 Jul 2020 21:12:36 GMT

France's Safran to build new factory in Mexico

The world's third-biggest aerospace supplier Safran started to build a new plant in the northern Mexican state of Chihuahua, the Foreign Minister stated.

Sat, 11 Jul 2020 19:55:00 GMT

Tesla's CEO Musk net worth soars by $6.07 billion

According to the Bloomberg News Billionaires Index, the Chief Executive Officer Elon Musk's fortune surged by $6.07 billion, following a 10.8% jump in Tesla's shares.

Sat, 11 Jul 2020 18:55:30 GMT

Dubai announces $408M new economic package

On Saturday, the Crown Prince of the United Arab Emirates federation announced on Twitter a $408 million new economic support package.

Sat, 11 Jul 2020 17:59:07 GMT

CanSino Biologics in talks for coronavirus vaccine

The Co-Founder of CanSino Biologics Qiu Dongxu announced that the company is in talks with Saudi Arabia, Brazil, Russia and Chile to begin a Phase III trial of the coronavirus vaccine.

Sat, 11 Jul 2020 17:01:47 GMT

Congo's Justice Minister Tunda resigns

On Saturday, Celestin Tunda, Congo's Justice Minister, offered his resignation after a judicial reform dispute with the country's president.

Sat, 11 Jul 2020 15:56:38 GMT

Trump plans to issue executive order on dreamers

A White House spokesperson stated on Friday that the US President Donald J Trump's proposed executive order on dreamers would not include amnesty.

Sat, 11 Jul 2020 15:00:49 GMT

Germany likely to take stakes in companies

Germany's Economy Minister Peter Altmaier stated on Saturday that the German government would take further public stakes in firms threatened by the COVID-19 crisis.

Sat, 11 Jul 2020 14:04:59 GMT

Li Auto files for US IPO

Chinese EV maker Li Auto Inc, backed by Meituan Dianping, the food delivery major, filed for initial public offering in the US.

Sat, 11 Jul 2020 12:58:53 GMT

Foxconn to invest $1B in India

Foxconn is set to invest up to $1B to extend a factory in India, where the Taiwanese manufacturer assembles Apple iPhones, two sources revealed.

Sat, 11 Jul 2020 11:45:42 GMT

Spain's home prices decline 1.9%

Prices of existing properties in Spain fell 1.9% year-on-year in the Q2, the first decline since 2017, two real estate portals reported.

Sat, 11 Jul 2020 10:48:11 GMT

Fiat Chrysler recalls 925K US cars

Fiat Chrysler Automobiles is set to recall about 925K older model cars in the US to replace airbag covers on steering wheels due to 14 possibly related injuries.

Sat, 11 Jul 2020 09:49:00 GMT

US to slap French goods with 25% duties

The US announced 25% duties over French handbags, cosmetics and other imports valued at $1.3B in response to digital services tax, though would delay the effective date.

Sat, 11 Jul 2020 09:21:46 GMT

UK to invest in nuclear reactor projects

The UK government announced that it will invest $51M in developing and helping small nuclear reactor projects.

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