News

Note: This section contains information in English only.
Tue, 01 Sep 2020 06:22:08 GMT

Apple aims to build 75M 5G iPhones

Apple is preparing to make at least 75M 5G iPhones later this year, in addition to its planned launch of its new iPad Air, Watch models and a new smaller version of HomePod, according to Bloomberg News.

Tue, 01 Sep 2020 04:41:02 GMT

Japan publishes unemployment data

Data published on Tuesday by the Japanese government revealed that the country's jobless rate had risen to 2.9%.

Tue, 01 Sep 2020 04:30:30 GMT

South Korea revises GDP

On Tuesday, South Korean officials revised the country's second quarter GDP by decreasing it to 3.2%.

Tue, 01 Sep 2020 03:22:40 GMT

Zoom sales forecasts surge

On Monday, Zoom Video Communications increased its annual sales forecast by more than 30%.

Tue, 01 Sep 2020 00:59:52 GMT

Asian stocks decline

During Tuesday's Asian trading hours, stock indices declined, as the US Fed had caused a minor global sell off.

Mon, 31 Aug 2020 20:01:07 GMT

Belarus foreign debt totals $17.8B

The Belarusian foreign debt reached $17.8B, an increase of 3.7% from the beginning of 2020, data released by the Finance Ministry show.

Mon, 31 Aug 2020 19:11:36 GMT

Latvian economy contracts 5.4%

The Latvian economy contracted 5.4% in the first six months of the current year amid the coronavirus pandemic, the Central Statistical Bureau reports.

Mon, 31 Aug 2020 17:44:47 GMT

Brazil's finances continue to deteriorate

Brazil's public sector deficit rose to a record 86.5% of the gross domestic product in July, the Brazilian Central Bank announced on Monday.

Mon, 31 Aug 2020 17:35:59 GMT

Slovenia's budget deficit surges to 2.2B euros

On Monday, the Slovenian Finance Ministry announced that the country's budget deficit increased by 2.2B euros in the Q1 and the Q2 of 2020.

Mon, 31 Aug 2020 13:44:00 GMT

ECB comments on policy

The European Central Bank Board Member Isabel Schnabel revealed on Monday that ECB policy is set to deal with a resurgence of the coronavirus.

Mon, 31 Aug 2020 13:05:28 GMT

S&P 500 could book record August

On Monday, the S&P 500 index was set to open at a record high and book the best August since 1984.

Mon, 31 Aug 2020 12:36:47 GMT

Denmark triggers review of Google taxes

The Danish tax authorities launched a review into Google's accounts based in Denmark to determine if the tech company has any tax obligation, Google announced on Monday.

Mon, 31 Aug 2020 11:25:10 GMT

Wizz Air to reduce flights amid closed borders

Wizz Air is set to sharply trim its weekly flights from and to Hungary starting from September 7, after the government made a decision to close the borders to foreigners due to the coronavirus outbreak.

Mon, 31 Aug 2020 08:57:48 GMT

European stocks open higher

On Monday, European stocks opened higher. The pan-European STOXX 600 index rose by 0.40%, while the European oil and gas sector edged higher more than 1%.

Mon, 31 Aug 2020 07:50:35 GMT

US halts Philips ventilators order

Philips, the electrical equipment maker, said on Monday that the US Health Department had cancelled its order for 43K hospital ventilators, prompting the company to trim its 2020 earnings forecast.

Mon, 31 Aug 2020 07:35:59 GMT

Nestle to acquire Aimmune for $2.6B

On Monday, Nestle announced it had offered $34.50 per share to acquire the remaining 74.4% of Aimmune Therapeutics, the peanut allergy treatment developer, valuing the company at $2.6B.

Mon, 31 Aug 2020 05:13:27 GMT

Buffett buys 5% stakes in five large Japanese firms

Berkshire Hathaway has acquired 5% stakes in five biggest Japanese trading firms, the company's Chairman Warren Buffett announced on Sunday.

Mon, 31 Aug 2020 04:00:25 GMT

Russian, Belarusian leaders to meet in Moscow

According to the Kremlin statement, the Belarusian President Alexander Lukashenko and Russia's President Vladimir Putin are planning to conduct their meeting in Moscow in the coming weeks.

Mon, 31 Aug 2020 02:59:39 GMT

Qatar raises minimum wage

On Sunday, Qatar announced changes to its labour law and raised the country's minimum wage to $274.6.

Mon, 31 Aug 2020 01:40:48 GMT

Israel, UAE discuss food and water security cooperation

UAE's Minister of State Mariam Al Mheiri and the Israeli Agriculture Minister Alon Schuster discussed cooperation on food and water security in a telephone call on Friday, the UAE announced on Sunday.

Sun, 30 Aug 2020 19:41:42 GMT

Japan's Daiwa receives regulatory approval

China's top securities watchdog has approved the Japanese Daiwa Securities Group to set up the venture that is 51% owned by Japan's brokerage and investment bank.

Sun, 30 Aug 2020 18:42:15 GMT

Wizz Air cuts weekly flights to Hungary

Wizz Air said it would cut weekly flights to Hungary from September 7, after the Hungarian government announced on Friday that it would close its borders to foreigners from September 1.

Sun, 30 Aug 2020 17:41:05 GMT

Qatar sets basic monthly minimum wage

On Sunday, Qatar announced a new minimum wage of $274.6 and lifted the restriction on changing jobs.

Sun, 30 Aug 2020 16:41:14 GMT

Sunak plans sweeping set of tax increases

The Telegraph and the Sunday Times reported on Sunday that Britain's Chancellor of the Exchequer Rishi Sunak is planning a sweeping tax increase.

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