News

Note: This section contains information in English only.
Tue, 12 Jan 2021 20:14:16 GMT

Google to fight against vaccine misinformation

The Google News Initiative launched an open fund to fight misinformation over Ccoronavirus vaccines globally, worth up to $3M.

Tue, 12 Jan 2021 18:43:17 GMT

GM to launch electric delivery car business

General Motors announced plans to enter electric car delivery business and deliver first BrightDrop vans to FedEx by the end of the year.

Tue, 12 Jan 2021 18:14:50 GMT

Dr. Martens plans London listing

The UK boot brand Dr. Martens is set to pursue an IPO on London stock exchange on Monday, where private equity owner Permira is expected to sell part of the stake.

Tue, 12 Jan 2021 16:43:51 GMT

Xpeng gets $ 2B credit line to widen activity

China's EV maker Xpeng Inc secured a credit line of around $2 billion from five local banks to expand sales and manufacturing.

Tue, 12 Jan 2021 15:45:57 GMT

BMW sales down 8.4% last year

BMW announced that it saw an 8.4% decline in car sales last year, as many retail outlets around the world were closed due to the COVID-19 outbreak.

Tue, 12 Jan 2021 15:09:40 GMT

Asian corporate earnings rise

Refinitiv data released on Tuesday revealed that Asian corporate earnings were expected to rise by 26.4% in 2021.

Tue, 12 Jan 2021 14:19:08 GMT

Bailey comments on UK economy

The Governor of Bank of England Andrew Bailey stated on Tuesday that the UK economy faces a difficult period that would be caused by the resurgence of the coronavirus.

Tue, 12 Jan 2021 12:41:26 GMT

Oil reaches high level

On Tuesday, crude oil prices reached a 11-month high level, as the $57 level was reached due to tightening supply.

Tue, 12 Jan 2021 11:55:11 GMT

Stocks trade flat on Tuesday

During Tuesday's Asian and European trading hours, stock indices remained almost flat, as various stocks showed mixed results.

Tue, 12 Jan 2021 11:24:28 GMT

Volkswagen recalls Golf model

On Tuesday, Volkswagen announced a recall of 56,000 Golf model cars to issue a software update that should fix rear camera issues.

Tue, 12 Jan 2021 09:54:45 GMT

Deutsche Bank refuses to cooperate with Trump

Deutsche Bank has refused to do any future business with the US President Donald Trump and his companies, after Trump's supporters stormed the US Capitol in a deadly assault on January 6.

Tue, 12 Jan 2021 09:33:30 GMT

Ford to shut operations in Brazil

Ford Motor is set to shut down its three manufacturing plants located in Brazil in 2021 and take $4.1B pretax charges due to the impact of the COVID-19 pandemic.

Tue, 12 Jan 2021 07:43:22 GMT

Aptiv reveals new autonomous platform

Auto supplier Aptiv has revealed its new technology platform for self-driving with a wireless update tool deemed for a wide range of vehicles.

Tue, 12 Jan 2021 07:22:27 GMT

China phone shipments drop in 2020

China's domestic smartphone shipments tumbled as much as 20.4% to 296M last year, compared to 372M units in 2019, according to the government data.

Tue, 12 Jan 2021 05:41:00 GMT

General Motors works with start-ups

On Monday, Executive Vice President of Global Product Development of General Motors Doug Parks stated that the company is working with various start-ups to match or surpass Tesla in electric vehicles.

Tue, 12 Jan 2021 05:30:51 GMT

Bostic comments on recovery

The President of the Atlanta Federal Reserve Raphael Bostic stated on Monday that a US economic recovery won't fully start until coronavirus vaccines are widely distributed.

Tue, 12 Jan 2021 04:31:18 GMT

Ford closes production in Brazil

On Monday, Ford announced that the company would close down its manufacturing in Brazil and take $4.1 billion in pre-tax charges.

Mon, 11 Jan 2021 21:46:01 GMT

Wall Street indices retreat from records

During Monday's US trading hours, US stock indices retreated from previously reached high levels, as a consolidation of gains took place.

Mon, 11 Jan 2021 20:59:09 GMT

Chipotle to hire 15,000 employees

Chipotle Mexican Grill plans to hire 15,000 employees in the US as the burrito chain benefits from the increased demand amid the ongoing COVID-19 pandemic.

Mon, 11 Jan 2021 20:25:21 GMT

Staples offers to purchase Office Depot

Staples, an American office retail company, made an offer to purchase Office Depot owner ODP Corp for $2.1B, a statement published by the company shows.

Mon, 11 Jan 2021 18:49:31 GMT

EasyJet secures $1.87B loan

The British airline EasyJet secured a $1.87B loan, partially backed by the British government, improving its liquidity as the pandemic continues to weight on travel.

Mon, 11 Jan 2021 18:06:49 GMT

Virgin Atlantic close to $230M deal

Virgin Atlantic is close to raise over $230M from a sale of two planes, enabling the company to repay a loan taken the last year as part of a rescue deal.

Mon, 11 Jan 2021 17:33:55 GMT

Foreign visitors to Mongolia decline

The number of tourists to Mongolia decreased 89.5% to 66,900 in 2020, compared to the same period the previous year, data published by the National Statistics Office show.

Mon, 11 Jan 2021 16:33:40 GMT

Chery automaker exports rise

The Chinese automaker Chery Holdings announced 18.7% sales growth in 2020, compared to the same period the prior year, a report published by the company shows.

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