News

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Mon, 01 Jun 2020 06:59:26 GMT

Amazon's Bezos invests in UK's Beacon

Amazon.com's CEO Jeff Bezos has selected the British digital freight forwarder Beacon for an investment, while Beacon reported it had raised more than $15M in the Series A fundraising, from the venture capital firm 8VC and investors including Bezos.

Mon, 01 Jun 2020 06:36:55 GMT

Netease to raise $2-$3B in HK listing

China's tech group Netease aims to attract about $2-$3B in one of the biggest equity deals this year, as it launches its secondary Hong Kong listing on Monday, according to Reuters.

Mon, 01 Jun 2020 05:05:30 GMT

China's manufacturing activity cools in May

According to the official manufacturing Purchasing Manager's Index, manufacturing activity in China expanded at a slower rate in May.

Mon, 01 Jun 2020 03:54:32 GMT

Germany stimulus package could worth $83B-$89B

According to the Bild am Sonntag weekly report, published on Sunday, the German economic stimulus programme could be worth $83B-$89B.

Mon, 01 Jun 2020 02:55:13 GMT

Egypt's hotels working with reduced occupancy rate

According to the Egyptian Tourism Ministry, Egypt's hotels working with an occupancy rate of 20%-22% to curb the spread of the coronavirus were fully booked by tourists.

Mon, 01 Jun 2020 01:36:14 GMT

Sturgeon says easing of lockdown must be very cautious

On Sunday, the Scottish First Minister Nicola Sturgeon said that she agreed with the experts that the easing of the COVID-19 lockdown must be done carefully.

Sun, 31 May 2020 19:57:48 GMT

Russia has nothing against earlier OPEC+ meeting

Russia stated it had no objection to earlier meeting of OPEC+ on June 4, instead of the initially planned gathering on June 9-10, Reuters reported on Sunday.

Sun, 31 May 2020 19:03:07 GMT

NASA astronauts arrive to ISS

SpaceX Crew Dragon has delivered two NASA astronauts, Doug Hurley and Bob Behnken, at the International Space Station under nearly 20 hours after the launch of the US space capsule.

Sun, 31 May 2020 18:31:19 GMT

Renault chairman dispels rumours over plant closure

On Sunday, Renault's Chairman Jean-Dominique Senard stated the carmaker would not close its Maubeuge factory in northern France, a few days after it announced 15K job cuts internationally as part of restructuring.

Sun, 31 May 2020 16:56:43 GMT

Raab says UK taking right step to relax lockdown

On Sunday, Britain's Secretary of State for Foreign Affairs Dominic Raab said that the United Kingdom is taking the right step to ease the COVID-19 lockdown.

Sun, 31 May 2020 15:58:39 GMT

China's services industry grows at faster rate in May

According to the official manufacturing Purchasing Manager's Index, China's services activity grew at a faster pace in May.

Sun, 31 May 2020 15:02:59 GMT

China's factory activity slows in May

According to the official manufacturing Purchasing Manager's Index, factory activity in China expanded at a slower rate in May.

Sun, 31 May 2020 13:44:58 GMT

Spain to prolong lockdown until June 21

On Sunday, Spain's Prime Minister announced he would ask the Parliament to approve the state of emergency lockdown in the country until June 21, according to El Pais newspaper.

Sun, 31 May 2020 12:41:14 GMT

SpaceX launches US astronauts into space

Elon Musk's SpaceX has launched two US astronauts into orbit this Saturday in a historic mission with the first NASA spaceflight from the US soil in the last nine years.

Sun, 31 May 2020 12:29:07 GMT

Australia ready to accept invitation to G7

A spokesman to the Australian government stated on Sunday the country would welcome an invitation to join the Group of Seven, adding there had been contact about the matter between the US and Australia's Prime Minister.

Sun, 31 May 2020 10:51:02 GMT

Malta to reopen airport

The Maltese government stated on Sunday that it would reopen airport for civil flights starting from July 1.

Sun, 31 May 2020 10:28:15 GMT

US postpones G7 summit

The US President Donald Trump stated on Saturday that he would postpone the G7 summit until autumn and additionally invite Australia, India, Russia and South Korea.

Sun, 31 May 2020 09:34:47 GMT

Tourists fill up Egyptian hotels

According to the Ministry of Tourism of Egypt, the majority of local hotels were fully booked by tourists despite reduced occupancy to contain the coronavirus widespread.

Sun, 31 May 2020 08:35:48 GMT

Sturgeon warns on lockdown easening

The First Minister of Scotland Nicola Sturgeon stated on Sunday that lockdown easening must be agreed with specialists and made very cautiously.

Sun, 31 May 2020 06:43:11 GMT

Credit Suisse views no major hit from oil, gas exposure

Credit Suisse's Chairman Urs Rohner stated he expected insignificant hit from the gas and oil exposure, after global oil prices dropped due to the coronavirus crisis.

Sun, 31 May 2020 06:21:39 GMT

Google delays Android 11 presentation

Alphabet's Google has delayed its plans to unveil the beta version of the company's new Android 11 mobile operating system next week due to unrest and protests in the United States.

Sun, 31 May 2020 05:08:47 GMT

EU asks US to rethink decision to cut relations with WHO

On Saturday, the European Union advised the United States to rethink its decision to end the relationship with the WHO over the body's handling of the coronavirus outbreak.

Sun, 31 May 2020 04:02:00 GMT

US ends relations with WHO

On Saturday, the US President Donald Trump announced that the United States would end its ties with the WHO over its handling of the coronavirus crisis.

Sun, 31 May 2020 03:09:36 GMT

Britain to launch another stimulus programme

According to the Financial Times report, published on Saturday, the UK government is preparing to launch another stimulus programme before the summer.

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