News

Note: This section contains information in English only.
Sat, 03 Oct 2020 06:05:18 GMT

Malaysia Aviation Group low on cash

According to three sources with knowledge of the matter, Malaysia Airlines group had reached out to lessors for steep discounts on aircraft rentals.

Sat, 03 Oct 2020 05:03:47 GMT

Japan's Honda to exit Formula One

The Japanese Honda Motor will quit its partnership with the Red Bull Racing team in F1 to focus on zero-emission, Chief Executive Officer Takahiro Hachigo said in an online news conference on Friday.

Sat, 03 Oct 2020 04:01:43 GMT

Belarus recalls diplomats from Lithuania, Poland

According to the Belta news agency, the Belarusian government has summoned its ambassadors from Lithuania and Poland.

Sat, 03 Oct 2020 02:48:11 GMT

Noble Energy gets $4.2B sale approval

On Friday, Noble Energy shareholders approved a $4.2 billion sale to Chevron. The approval cements the first big energy deal since the COVID-19 crushed global fuel demand.

Sat, 03 Oct 2020 02:31:09 GMT

Republicans press to confirm Supreme Court pick

On Friday, Majority Leader Mitch McConnell said that the US Senate would proceed with Amy Coney Barrett's Supreme Court confirmation.

Fri, 02 Oct 2020 20:02:35 GMT

Trump experiencing mild coronavirus symptoms

As reported by administration officials on Friday, the US President Donald Trump is showing mild coronavirus symptoms.

Fri, 02 Oct 2020 19:05:17 GMT

Madrid residents return to lockdown

Residents of the Spanish capital and nine satellite towns will be prevented from leaving the city starting on Friday at 10 pm (2000 GMT) except on essential trips.

Fri, 02 Oct 2020 18:00:43 GMT

Giammattei has almost recovered from COVID-19

The Guatemalan presidential spokesman Francis Masek stated on Friday that Guatemala's President Alejandro Giammattei has nearly recovered from the COVID-19.

Fri, 02 Oct 2020 17:01:21 GMT

Global equity markets edge lower

On Friday, global stock markets edged lower, as investors and traders piled into safe-haven gold and the Japanese Yen.

Fri, 02 Oct 2020 15:41:09 GMT

Uber Freight raises valuation to $3.3B

Uber Technologies announced that Greenbriar Equity Group, the US private equity firm, is set to invest $500M in Uber Freight, its logistics unit, totalling the arm's value at $3.3B.

Fri, 02 Oct 2020 14:45:19 GMT

Tesla tops forecasts for Q3 car deliveries

On Friday, Tesla has topped Wall Street expectations for its Q3 vehicle deliveries by reporting 139,300 units delivered, boosted by rising demand for the carmaker's mass-produced Model 3 cars.

Fri, 02 Oct 2020 14:17:25 GMT

Walmart sees Asda disposal consideration

Walmart is seeking the British competition regulator to consider the Asda supermarket chain's sale to TDR Capital and Issa brothers.

Fri, 02 Oct 2020 13:34:42 GMT

US payrolls growth falls last month

US job growth fell more than anticipated in September, the Labor Department reported on Friday, leaving many people at risk of being unemployed.

Fri, 02 Oct 2020 12:34:24 GMT

Tesla's Musk sees India entry next year

On Friday, Tesla's CEO Elon Musk indicated that the American electric vehicle maker will enter India in 2021.

Fri, 02 Oct 2020 11:33:59 GMT

Walmart sells Asda for $8.8B

Walmart is selling its UK supermarket chain Asda to the private equity firm TDR Capital and Issa brothers in a deal valued at $8.8B, planning to launch smaller stores.

Fri, 02 Oct 2020 09:40:50 GMT

Trump tests positive for coronavirus

On Friday, global stock market indices declined, as the US President Donald Trump announced that he and his wife have been tested positive for the coronavirus.

Fri, 02 Oct 2020 08:46:11 GMT

Nokia 2019 profit warning in line with rules

The Finnish Financial Supervisory Authority announced that its investigation showed Nokia's unexpected profit warning issued in October last year had complied with the rules of the stock exchange.

Fri, 02 Oct 2020 07:50:29 GMT

Equinor plans exploration staff cut

Equinor, the Norwegian gas and oil company, is planning to trim the exploration staff by around 30% across the world by 2023, seeking to cut costs amid lowering demand for petroleum caused by the pandemic.

Fri, 02 Oct 2020 07:00:24 GMT

Google delays Australian News Showcase roll-out

Google delayed the Australian launch of News Showcase amid regulatory complications, a few months following the product announcement, Reuters reported on Friday.

Fri, 02 Oct 2020 06:07:03 GMT

Rolls-Royce aims to attract $6.5B

Rolls-Royce seeks raising £5B ($6.5B), including £2B from its shareholders, as part of the UK engine maker's plan to cope with the coronavirus-caused negative effects.

Fri, 02 Oct 2020 04:42:26 GMT

Oxy agrees on Colombia onshore asset sale

Occidental Petroleum, the debt-laden US oil producer, has agreed on its Colombia onshore asset sale to Carlyle Group in a deal worth $825M.

Fri, 02 Oct 2020 03:45:57 GMT

Facebook ties up with Deloitte

Facebook revealed it had partnered with Deloitte to assist firms to use its Workplace tool to work remotely, after the pandemic had changed the work structure for millions across the world.

Fri, 02 Oct 2020 03:08:25 GMT

SAP plans Emarsys takeover

SAP, the business software group, is set to acquire the cloud-based marketing platform Emarsys, which allows firms to interact with customers on a personal level via online channels.

Thu, 01 Oct 2020 21:31:00 GMT

Beyond Meat boosts UK presence

Beyond Meat has rolled out its vegan-meat burgers on Thursday in Gourmet Burger Kitchen's restaurants and Sainsbury's stores, as the company seeks to expand its footprint in the UK.

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