News

Note: This section contains information in English only.
Mon, 27 Apr 2020 04:30:27 GMT

BoJ increases monetary stimulus

The Bank of Japan (BoJ) increased on Monday monetary stimulus to support government spending and help corporate funding.

Mon, 27 Apr 2020 02:53:08 GMT

Daimler sees increase in demand in China

The German automaker Daimler AG saw a significant increase in demand in China. The company's senior manager said on Sunday.

Mon, 27 Apr 2020 01:48:51 GMT

Italy to allow some businesses to reopen

Giuseppe Conte, the Italian Prime Minister, announced on Sunday that some businesses in Italy would reopen on May 4.

Sun, 26 Apr 2020 18:34:05 GMT

VW and others resume production

Volkswagen and other European car makers decided to resume car production starting from Monday amid the ease of quarantine measures in some European countries.

Sun, 26 Apr 2020 16:55:32 GMT

Insurers pay out losses

Reuters revealed on Sunday that US insurance industry is bound to pay out up to $22 billion USD in business disruptions claims.

Sun, 26 Apr 2020 16:20:54 GMT

Israeli firms raise capital

On Sunday, Israel's Corsight AI revealed that it has raised $5 million for the development of facial recognition software.

Sun, 26 Apr 2020 14:45:26 GMT

French PM reveals new plan

It was revealed on Sunday by Reuters that the Prime Minister of France would reveal a lockdown ending plan on Tuesday.

Sun, 26 Apr 2020 14:04:05 GMT

Italy announces business reopening

On Sunday, the Italian Prime Minister Giuseppe Conte stated to a newspaper that business in Italy would reopen on May 4.

Sun, 26 Apr 2020 12:46:46 GMT

Tesla calls back workers

Bloomberg News revealed on Sunday that Tesla has called some of its workers in California back to work.

Sun, 26 Apr 2020 11:44:00 GMT

Daimler comments on China

On Sunday, Daimler Benz revealed that its car sales in China have increased in April, compared to March.

Sun, 26 Apr 2020 10:52:01 GMT

Pemex asks for pay cuts

On Sunday, Reuters revealed that Petroleos Mexicanos is requesting its staff to take a 25% pay cut.

Sun, 26 Apr 2020 10:22:17 GMT

MUFG plans job cuts

It was revealed on Sunday by Yomiuri that the Mitsubishi UFJ Financial Group would cut its staff by a total of eight thousand by 2023.

Sun, 26 Apr 2020 08:42:31 GMT

Elbit Systems reveals contract

On Sunday, the Israeli defence firm Elbit Systems revealed that it had received a $103 million electronic warfare contract from an unnamed Asian country.

Sun, 26 Apr 2020 07:42:31 GMT

US airlines receive aid

The US Treasury announced on Saturday that it would provide additional $9.5 in aid to US airlines.

Sun, 26 Apr 2020 07:30:39 GMT

Boeing cancels Embraer deal

On Saturday, Boeing announced that the Brazilian airplane maker Embraer has not met the requirements for Boeing to buy a stake of its business.

Sun, 26 Apr 2020 05:41:04 GMT

Deutsche Bank refuses to give info on Trump

On Saturday, it was revealed that Deutsche Bank has refused to give US Senators information about deals made by Donald Trump.

Sun, 26 Apr 2020 05:31:14 GMT

Trump warns US Postal Service

The President of the United States announced on Friday that he could cut aid for US Postal Service due to no raising prices for Amazon.com.

Sun, 26 Apr 2020 03:52:31 GMT

Philippine central bank comments on economy

On Saturday, the central bank of Philippines announced that the country's economy is set to shrink for the first time in twenty years.

Sat, 25 Apr 2020 20:53:18 GMT

Japan Airlines looks for funding

On Saturday, public broadcaster NHK revealed that Japan Airlines could borrow up to $2.8 billion.

Sat, 25 Apr 2020 19:42:38 GMT

Greek Finance Minister comments on economy

The Finance Minister of Greece announced on Saturday that the country's economy could shrink up to ten percent in 2020.

Sat, 25 Apr 2020 18:42:30 GMT

US evaluates buying out companies

On Friday, the Treasury Secretary of the United States Steven Mnuchin stated that the government is considering buying stakes in US energy companies.

Sat, 25 Apr 2020 18:11:11 GMT

Air France-KLM secures aid funding

Air France-KLM announced on Friday that it would receive seven billion Euros in government aid.

Sat, 25 Apr 2020 16:47:23 GMT

US companies ignore backlash

On Saturday, large companies announced that they would not pay back the funds acquired by taking advantage of loopholes of the US small business loan program.

Sat, 25 Apr 2020 16:08:28 GMT

Airbnb reveals recovery in China

Data published by Airbnb revealed on Saturday that bookings of living space have doubled in China in April, compared to March.

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