News

Note: This section contains information in English only.
Sun, 08 Nov 2020 05:59:49 GMT

Erdogan fires Central Bank Governor

On Saturday, the Turkish President Recep Tayyip Erdoğan ousted the Governor of Turkey's Central Bank over the rapid decline in the Turkish Lira.

Sun, 08 Nov 2020 05:00:15 GMT

PwC's India affiliate quits as Carlsberg auditor

According to sources with knowledge of the matter, PwC's India subsidiary has resigned as Carlsberg India auditor.

Sun, 08 Nov 2020 03:52:12 GMT

China exports increase

According to official data, the Chinese exports in October rose by 11.4% from a year earlier, surpassing expectations of a 9.3% increase.

Sun, 08 Nov 2020 01:42:32 GMT

USAID grants $20M to Sudan

The United States Agency for International Development announced that it would grant $20M to the WFP to provide approximately 65,600 metric tons of wheat for Sudan.

Sat, 07 Nov 2020 20:37:33 GMT

Traton finalizes Navistar acquisition deal

German track company Traton SE stated on Saturday it was finalizing $3.7B deal over purchase of the US Navistar International Corp.

Sat, 07 Nov 2020 19:36:21 GMT

World leaders congratulate Biden on victory

The Canadian Prime Minister Justin Trudeau, his British colleague Borish Johnson, French President Emmanuel Macron, German Chancellor Angela Merkel on Saturday congratulated Joe Biden on his victory in the US presidential elections.

Sat, 07 Nov 2020 17:51:09 GMT

Erdogan replaces Central Bank Governor

According to three sources with knowledge of the matter, the Turkish President Recep Tayyip Erdoğan has fired the Governor of Turkey's Central Bank.

Sat, 07 Nov 2020 16:57:27 GMT

Sudan shuts down border with Ethiopia

According to the SUNA news agency report published on Saturday, Sudan has partially shut down the border with Ethiopia.

Sat, 07 Nov 2020 16:02:25 GMT

Biden on course to win US election

On Saturday, the former Vice President Joe Biden was on course to win the US presidential election, as his lead over President Donald Trump in the critical battleground states grew.

Sat, 07 Nov 2020 14:42:02 GMT

US sells arms to UAE

On Saturday, Reuters revealed that the US has moved forward with a $10 billion defense sale to the United Arabic Emirates.

Sat, 07 Nov 2020 14:21:39 GMT

Erdogan fires central banker

The President of Turkey Tayyip Erdogan on Saturday fired the Governor of Bank of Turkey Murat Uysal.

Sat, 07 Nov 2020 13:17:07 GMT

PwC quits as Carlsberg India auditor

On Saturday, PwC India announced that for a second year it would resign from auditing Carlsberg India.

Sat, 07 Nov 2020 12:18:21 GMT

US to buy wheat from Sudan

The US Agency for International Development stated on Saturday that it would devote $20M for acquisition of wheat from Sudan within the World Food Programme.

Sat, 07 Nov 2020 11:36:29 GMT

Erdogan fires head of central bank

The Turkish President Tayyip Erdogan fired on Saturday the head of the country's central bank, Murat Uysal, amid the 30% Lira's drop.

Sat, 07 Nov 2020 10:35:56 GMT

Alphabet to go to federal court

Alphabet Inc stated on Saturday that it would not try to dismiss the US Justice Department $1T lawsuit but would challenge it in a federal court.

Sat, 07 Nov 2020 09:35:33 GMT

US employment rate growth slows

According to the US Labor Department, nonfarm payrolls rose by 638,000 jobs in October, which is the lowest number in last five months.

Sat, 07 Nov 2020 07:41:00 GMT

Biden comments on election

On Saturday, the Democrat Presidential Candidate Joe Biden stated that he would win the US presidency.

Sat, 07 Nov 2020 07:30:26 GMT

Chinese exports grow

On Saturday, Chinese officials announced that exports of the country had increased due to a global economic recovery.

Sat, 07 Nov 2020 05:50:32 GMT

UK's Johnson hopes for EU trade deal

Britain's Prime Minister Boris Johnson said he hoped that UK and European Union would be able to agree on the post-Brexit trade deal, but added that Britain was fully ready if final-stage negotiations did not succeed.

Sat, 07 Nov 2020 05:04:29 GMT

FCA, PSA win merger approval from Brazil

PSA Group and Fiat Chrysler have won an approval from the Brazilian competition watchdog for the planned merger worth $38B, according to regulator's filing.

Sat, 07 Nov 2020 03:48:05 GMT

CVS Health head Merlo to resign in 2021

CVS Health Corp's CEO Larry Merlo is set to step down from his post next year after a decade of his leadership during which Merlo led the $69B worth acquisition of Aetna, one of the oldest US health insurer.

Fri, 06 Nov 2020 22:07:14 GMT

Republicans seek raising $60M for Trump legal challenges

Republicans are seeking to raise at least $60M to fund the President Donald Trump's legal challenges over the US presidential election's results, Reuters reported.

Fri, 06 Nov 2020 20:41:30 GMT

Tesla rolls out $250 Tequila

On Friday, Tesla's CEO Elon Musk has launched its Tesla Tequila at the price of $250 per bottle, with the special drink to be available only in the selected US states, including Wahington, New York and California.

Fri, 06 Nov 2020 19:51:32 GMT

Uber views slowest recovery of US ride business

Uber Technologies is expecting the slowest recovery of the ride business in its local US market, even as its food-delivery service demand exploded in the Q3.

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