News

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Sun, 28 Mar 2021 05:00:06 GMT

Iran, China sign 25-year partnership deal

On Saturday, Iran and China signed a 25-year partnership agreement to strengthen their political and economic alliance.

Sun, 28 Mar 2021 04:00:06 GMT

Vietnam receives $4.1 in foreign investment

According to the Vietnamese government data, foreign direct investment in Vietnam rose to $4.1B in the first quarter of 2021.

Sun, 28 Mar 2021 03:00:06 GMT

China to work with UAE to produce affordable vaccines

China wants to partner with the UAE to produce affordable coronavirus vaccines, the Chinese Foreign Minister Wang Yi announced on Saturday.

Sun, 28 Mar 2021 02:30:30 GMT

Germany to receive first doses of J&J vaccine in April

Germany will receive the first doses of Johnson & Johnson's coronavirus vaccine in the middle of April, the German Health Minister Jens Spahn announced on Saturday.

Sat, 27 Mar 2021 21:38:22 GMT

India gifts Bangladesh AstraZeneca vaccines

India gave 1.2M doses of the AstraZeneca vaccine to Bangladesh for free, the country's Foreign Minister said, urging it to secure a regular supply to battle the pandemic.

Sat, 27 Mar 2021 20:37:04 GMT

Total suspends LNG project in Mozambique

Total announced that it postponed the restart of operations at the LNG project in Mozambique after the attack on a nearby city this week.

Sat, 27 Mar 2021 19:05:20 GMT

Enercity, Compleo merge EV charging units

Germany's Enercity announced that it sold the company's shares in its EV charging firm wallbe to Compleo for €34.8M.

Sat, 27 Mar 2021 18:00:07 GMT

Chipotle bets on Nuro's autonomous cars

Chipotle joined a $500M Series C funding round for autonomous delivery startup Nuro, which reportedly doubled its valuation to $5B from the SoftBank-led round in 2019.

Sat, 27 Mar 2021 17:00:08 GMT

China, Iran sign partnership agreement

Foreign ministers from Iran and China, both counties subjects to US sanctions, signed a 25-year partnership agreement on Saturday.

Sat, 27 Mar 2021 15:43:50 GMT

Vietnam sees FDI rise to $4.1B in Q1

Vietnam received $4.1 billion in foreign direct investment in the first three-month period of this year, up 6.5% from 2020, government data revealed.

Sat, 27 Mar 2021 15:22:56 GMT

Chevron eyes Shell oil refinery deal

Chevron Corp was a leading contender to acquire a Royal Dutch Shell refinery in the US Pacific Northwest, sources familiar with the matter stated.

Sat, 27 Mar 2021 14:00:07 GMT

China's industrial profits on rise

According to the National Bureau of Statistics, annual profits of Chinese industrial companies spiked in January and February due to a rebound of the country's manufacturing sector.

Sat, 27 Mar 2021 11:05:07 GMT

ECB to remain euro zone's stabiliser

The ECB top Economist Philip Lane stated on Saturday that the bank must continue serving the role of euro zone's main stabiliser.

Sat, 27 Mar 2021 11:00:07 GMT

WeWork to merge with BowX

On Friday, WeWork agreed to make an initial public offering after completing a merger with BowX Acquisition Corp.

Sat, 27 Mar 2021 10:55:06 GMT

Nissan and others decrease production

Nissan Motor Co, Stellantis NV and Nio stated on Friday that they were also forced to lower vehicles production because of the chips deficit.

Sat, 27 Mar 2021 10:29:48 GMT

IG Metall makes deal with workers

On Saturday, the German biggest trade union, IG Metall, reached an agreement with 70K steel industry workers over $295 lump-sum payouts.

Sat, 27 Mar 2021 09:00:08 GMT

Volkswagen: no priority for Porsche listing

The possible listing of Porsche AG is not the priority of the agenda of Volkswagen, CEO Herbert Diess said in an interview.

Sat, 27 Mar 2021 08:16:01 GMT

Honda to sell UK car plant to Panattoni

Honda agreed to sell its single UK car plant to logistics giant Panattoni, a company spokesman stated, as the new owner intended to make a big investment at the site.

Sat, 27 Mar 2021 07:21:27 GMT

Egypt steps up efforts on Suez Canal

The rulers of the Suez Canal announced on Friday that they would increase the efforts to free up the clog at the canal caused by the stuck cargo ship.

Sat, 27 Mar 2021 06:00:07 GMT

Biden calls world leaders to summit

On Friday, the White House announced that the US President Joe Biden calls the leaders of 40 countries to a global climate summit.

Sat, 27 Mar 2021 05:00:09 GMT

Canadian deficit surges

The government of Canada announced on Friday that the national budget deficit had reached 268 billion Canadian Dollars.

Sat, 27 Mar 2021 04:00:08 GMT

Dollar remains near high level

On Friday, despite a minor decline the US Dollar remained near the recently reached 4-month high level.

Fri, 26 Mar 2021 21:43:39 GMT

Wall Street recovers

During Friday's US trading hours, US stock indices recovered due to a broad-based rally that occurred on all USD traded assets.

Fri, 26 Mar 2021 21:00:11 GMT

VW to claim damages from ex-CEOs

Volkswagen will seek damages from former CEO Martin Winterkorn and ex-Audi's CEO Rupert Stadler over the diesel gate emissions cheating scandal, the German automaker announced on Friday.

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