News

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Mon, 30 Nov 2020 04:01:54 GMT

Verdi calls for strike at Amazon in Germany

On Sunday, Germany's trade union Verdi called on Amazon's workers at the German warehouse to strike again, as part of a long-running campaign for better pay and conditions.

Mon, 30 Nov 2020 02:33:41 GMT

Israel's PM to receive 2021 budget

According to a source with knowledge of the matter, the Israeli Finance Ministry would present the 2021 budget to the Prime Minister of Israel Benjamin Netanyahu on November 30.

Sun, 29 Nov 2020 20:56:21 GMT

German banks to hold off dividends

Claudia Buch, Bundesbank's Vice President, stated on Sunday that German banks have enough funds to survive crisis and called to temporary stop dividend payouts.

Sun, 29 Nov 2020 20:35:36 GMT

Jared Kushner heads to Middle East

On Sunday, the White House top adviser Jared Kushner stared a visit to Saudi Arabia and Qatar to discuss multiple regional issues.

Sun, 29 Nov 2020 18:44:31 GMT

Amazon's German workers to strike again

On Sunday, the trade union Verdi called on Amazon's German workers to go on another strike in a week with intention to disrupt the order processing following the discount shopping sales called "Black Friday" that took place on November 27.

Sun, 29 Nov 2020 17:41:09 GMT

Ballots recount reconfirms Biden's win

On Sunday, Wisconsin's recount of the presidential ballots reconfirmed the win of the Democratic President-elect Joe Biden over the President Donald Trump in the US elections.

Sun, 29 Nov 2020 16:53:01 GMT

Canada to pump extra C$691M to agriculture sector

Canada's government is planning to add additional C$691M to support dairy, egg and poultry local farmers, while also cut the payment timeline promised to the country's dairy farmers in 2019.

Sun, 29 Nov 2020 16:35:29 GMT

China to release outbound investor schemes

China is set to release outbound investment schemes to new regions, seeking to meet the asset allocation needs of onshore investors, according to a Xinhua report published on Sunday.

Sun, 29 Nov 2020 14:45:52 GMT

Tesla faces car inquiry over suspension issue

The US NHTSA launched an official inquiry into 115K Tesla cars over suspension safety issue, covering Model S and Model X vehicles produced from 2015 till 2017.

Sun, 29 Nov 2020 14:11:00 GMT

Foxconn to move Apple output to Vietnam

Apple requested Foxconn to move some MacBook and iPad production from China to Vietnam, seeking to minimise the US-Sino trade war's impact.

Sun, 29 Nov 2020 13:03:14 GMT

BoE Haldane expects higher inflation

Andy Haldane, Chief Economist of the Bank of England, stated on Sunday that development of vaccines together with huge government spending this year might result in higher than projected inflation.

Sun, 29 Nov 2020 12:33:56 GMT

Canada to spend $531.87M on agriculture

On Sunday, the Canadian government ruled to devote additional $531.87M to the country's agriculture sector.

Sun, 29 Nov 2020 11:29:27 GMT

UniCredit holds unplanned board meeting

According to sources familiar with the matter, UniCredit is planning to hold an unplanned board meeting to discuss various governace issues.

Sun, 29 Nov 2020 10:06:26 GMT

VW's Diess calls to support him

Volkswagen Chief Executive Officer Herbert Diess asked on Sunday other major shareholders to support his contract prolongation.

Sun, 29 Nov 2020 08:43:20 GMT

Tesla may widen 'self-driving' software's roll-out

Elon Musk, Tesla's Chief Executive Officer, stated the company would probably widen the release of its "Full Self Driving" software upgrade in two weeks.

Sun, 29 Nov 2020 08:28:16 GMT

Alibaba, Tencent freeze talks on buying iQIYI stake

Alibaba Group Holding and Tencent Holdings both froze their separate discussions with Baidu to buy a major stake in iQIYI, the video streaming service, as they had faced scrutiny by Chinese antitrust regulators.

Sun, 29 Nov 2020 07:05:16 GMT

HSBC ponders complete exit from US

According to the Financial Times report published on Saturday, HSBC is weighing a complete departure from the US retail banking.

Sun, 29 Nov 2020 05:54:31 GMT

Modi visits key COVID-19 vaccine facilities

On Saturday, the Prime Minister of India Narendra Modi visited three of India's coronavirus vaccine facilities, as COVID-19 cases continue to surge.

Sun, 29 Nov 2020 04:43:28 GMT

ECB expects lower inflation

On Saturday, the Vice-President of the European Central Bank Luis de Guindos said that the bank expects lower inflation in the Eurozone until the end of the year.

Sun, 29 Nov 2020 04:31:13 GMT

Iran reports slowdown in COVID-19 infections

On Saturday, the Iranian Health Ministry spokeswoman announced a slowdown in COVID-19 infections.

Sat, 28 Nov 2020 22:14:39 GMT

UK, EU meet for face-to-face negotiations

The EU chief negotiator Michel Barnier arrived in London on Saturday to restart a post-Brexit trade deal negotiations with the British negotiator David Frost.

Sat, 28 Nov 2020 20:59:44 GMT

Kia, Hyundai agree to civil penalty

On Saturday, Kia Motors and Hyundai Motor Co American units agreed to a $210M civil penalty for failure to recall 1.6M cars timely.

Sat, 28 Nov 2020 20:35:02 GMT

Canada imposes restrictions on drugs export

The Health Minister of Canada Patty Hajdu stated on Saturday that from now on the government would prohibit exporting prescription drugs in case of their shortage in the country itself.

Sat, 28 Nov 2020 19:08:01 GMT

HSBC explores exit from retail banking in US

HSBC Holdings is exploring a possibility of a complete withdrawal from the US retail banking after it had narrowed options for performance improvement at its North American business, according to the Financial Times report published on Saturday.

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