News

Note: This section contains information in English only.
Sun, 17 Jan 2021 08:33:31 GMT

Deliveroo raises $180M

The British food-delivery firm Deliveroo stated on Sunday that it had managed to raise $180M from its investors.

Sun, 17 Jan 2021 05:46:42 GMT

Couche-Tard seeks partnership with Carrefour

Canada's Alimentation Couche-Tard is exploring partnership opportunities with Europe's retailer Carrefour after their takeover negotiations failed.

Sun, 17 Jan 2021 05:11:41 GMT

Amazon's first union election to begin in February

Amazon.com's first US union election in seven years is set to start in early February, while a vote count will begin March 30, according to a US labour board official.

Sun, 17 Jan 2021 03:51:03 GMT

FCA and PSA seal merger deal

Fiat Chrysler and PSA Group have closed their long-awaited merger deal this weekend to become Stellantis, the fourth-biggest auto group in the world, ready to shift its focus to electric driving.

Sat, 16 Jan 2021 23:26:56 GMT

GM plans C$1B investment in Canada plant

General Motors signed a tentative deal with the labour union Unifor for the carmaker to make an investment of nearly C$1B ($785.42M) in its Canadian CAMI Assembly Plant to build commercial electric vans.

Sat, 16 Jan 2021 21:31:30 GMT

Goldman raises US growth forecast

Goldman Sachs on Saturday raised its outlook for the US economy growth amid the stimulus plan presented by the President-elect Joe Biden.

Sat, 16 Jan 2021 20:33:41 GMT

Couche-Tard to discuss partnership with Carrefour

European Carrefour SA and Canadian Couche-Tard agreed on Saturday to discuss partnership after acquistion talks had failed.

Sat, 16 Jan 2021 19:02:17 GMT

PSA and Fiat Chrysler seal merger deal

On Saturday, the French PSA and the Italian-American Fiat Chrysler finalized the long-awaited $52 billion merger deal to become Stellantis.

Sat, 16 Jan 2021 17:58:02 GMT

Russia to reopen air travel with four countries

On Saturday, the Russian government announced that air travel from Moscow to Qatar, Vietnam, Finland and India would restart from January 27.

Sat, 16 Jan 2021 16:59:11 GMT

Germany's CDU elects Laschet as chairman

On Saturday, the German ruling Christian Democratic Union has selected Armin Laschet as the new chairman.

Sat, 16 Jan 2021 16:01:16 GMT

Pakistan's DRAP approves AstraZeneca's vaccine

The Drug Regulatory Authority of Pakistan has authorized the AstraZeneca COVID-19 vaccine for emergency use, the Pakistani Health Minister Faisal Sultan said on Saturday.

Sat, 16 Jan 2021 15:35:03 GMT

Brazil not to bank Huawei

The Brazilian government stated on Saturday that it would not prohibit Huawei to participate in 5G network auctions.

Sat, 16 Jan 2021 13:47:41 GMT

Turkey announces $18.5B investment program

On Saturday, the Turkish government announced the beginning of public investment programme for 2021 worth $18.5B mostly focused on communication and transportation projects.

Sat, 16 Jan 2021 13:34:57 GMT

Armin Laschet to lead CDU

Members of the German CDU party picked on Saturday Armin Laschet as their new head instead of Angela Merkel.

Sat, 16 Jan 2021 12:21:30 GMT

Fiat Chrysler and PSA seal merger deal

On Friday, Fiat Chrysler and PSA sealed merger deal that would create the fourth-largest car group, Stellantis.

Sat, 16 Jan 2021 11:24:14 GMT

Capital One receives fine for AML rules violation

On Friday, the US FinCEN reported that Capital One Financial Corp admitted violation of anti-money laundering regulations, thus receiving a $390M penalty.

Sat, 16 Jan 2021 10:35:00 GMT

US to distribute aid to airlines

The US Treasury began of Friday distributing $15B in payroll assistance to air companies suffered from the pandemic restrictions.

Sat, 16 Jan 2021 09:35:31 GMT

GM to invest C$1B in CAMI plant

General Motors Co together with Unifor labor unit announced on Friday that they would invest C$1B CAMI Assembly Plant to produce electric vans.

Sat, 16 Jan 2021 08:02:43 GMT

US retail sales continue to decline

As reported by the US Commerce Department on Friday, the US retail sales declined for a third consecutive month in December.

Sat, 16 Jan 2021 07:03:56 GMT

Goldman to take over GM credit card business

Goldman Sachs Group will be the issuer for General Motors Co's credit card portfolio, both companies said in a statement on Friday.

Sat, 16 Jan 2021 06:02:43 GMT

France vetos $20B Canada's Carrefour takeover

Shares of France's retailer Carrefour declined by 4.5% on Friday after the French government vetoed a potential $20 billion takeover of Carrefour by the Canadian Alimentation Couche-Tard.

Sat, 16 Jan 2021 05:21:48 GMT

Britain's economy declines in November

The United Kingdom economy declined by 2.6% in November, as the country went into a new COVID-19 lockdown, official data showed on Friday.

Sat, 16 Jan 2021 03:49:09 GMT

France's Total quits top US oil and gas lobby

On Friday, the French oil and gas company Total said that it would not renew its 2021 membership with the US American Petroleum Institute over the lobby's climate policies.

Fri, 15 Jan 2021 22:26:15 GMT

US sanctions Iranian individuals and entities

On Friday, the US Secretary of State Mike Pompeo announced that the United States had imposed fresh sanctions against two Iranian individuals and seven entities.

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