News

Note: This section contains information in English only.
Sun, 03 May 2020 10:06:16 GMT

Japan to extend emergency until June

According to the NHK, the Prime Minister of Japan Shinzo Abe will meet with experts tomorrow to discuss extension of the state of emergency until May 31.

Sun, 03 May 2020 09:34:31 GMT

Berkshire drops stakes in American airlines

Warren Buffett said on Saturday that Berkshire Hathaway Inc sold all its stakes in four major American air companies in April.

Sun, 03 May 2020 08:32:41 GMT

Japan considers to ease restrictions

The Economy Minister of Japan Yasutoshi Nishimura stated on Sunday that the government could ease some restrictions, such as opening museums and parks.

Sun, 03 May 2020 06:59:24 GMT

Malaysia's GDP could decline more than initially forecasts

The Malaysian Finance Minister Tengku Zafrul Tengku Abdul Aziz said in an interview on Saturday that the country's economy could decline more than the Central Bank had forecast in April.

Sun, 03 May 2020 05:48:36 GMT

India mandates Bluetooth tracing app for all employees

The Indian government has mandated all employees in both the private and public sector to use a Bluetooth and GPS-based tracking app and keep distancing in offices.

Sun, 03 May 2020 04:53:45 GMT

NBCUniversal evaluates significant reduction of staffs

According to the Wall Street Journal report, published on Friday, NBCUniversal is considering a significant layoff of staffs at its media and entertainment units.

Sun, 03 May 2020 03:54:22 GMT

IMF confirms $91M loans for Malawi

The International Monetary Fund announced on Saturday that is has approved a $91M credits for Malawi to support the urgent balance of payments.

Sun, 03 May 2020 02:45:32 GMT

France to import compulsory 14-day quarantine for travellers

On Saturday, the French Minister for Solidarity and Health Olivier Veran said that France plans to impose a compulsory 14-day quarantine for travellers to the country.

Sat, 02 May 2020 21:04:34 GMT

Britain to support strategic aviation industry

The UK Housing Secretary Robert Jenrick said on Saturday that the United Kingdom would support the strategic aviation sector in any form it can.

Sat, 02 May 2020 20:31:32 GMT

Tesla plans to become UK electricity provider

According to The Telegraph, Tesla submitted an application to become an electricity supplier in the United Kingdom.

Sat, 02 May 2020 19:36:52 GMT

Millicom revokes deal with Telefonica

Millicom International Cellular decided on Saturday to suspend $570 deal to acquire Telefonica's business in Costa Rica.

Sat, 02 May 2020 18:23:59 GMT

IMF to give $643M to Ecuador

The International Monetary Fund (IMF) on Saturday approved $643M credit for Ecuador to help the country handle the crisis caused by coronavirus and falling oil prices.

Sat, 02 May 2020 16:59:56 GMT

Rosengren draws decentralization plan

According to the NZZ, Bjorn Rosengren, ABB's new Chief Executive Officer, outlines a new strategy to decentralize the company and boost its performance.

Sat, 02 May 2020 15:52:56 GMT

Malaysia's GDP could decline more than initially forecasts

The Malaysian Finance Minister Tengku Zafrul Tengku Abdul Aziz said in an interview on Saturday that the country's economy could decline more than the Central Bank had forecast in April.

Sat, 02 May 2020 15:01:13 GMT

Malaysian authorities defend relaxing of COVID-19 curbs

The Malaysian government defended plans to reopen most businesses next week, as the number of new cases with the coronavirus rose by 105 on Saturday.

Sat, 02 May 2020 14:05:37 GMT

India mandates Bluetooth tracing app for all employees

The Indian government has mandated all employees in both the private and public sector to use a Bluetooth and GPS-based tracking app and keep social distancing in the work places.

Sat, 02 May 2020 13:06:46 GMT

SBA approves $15B in new PPP loans

The Small Business Administration gave its approval to JPMorgan Chase & Co to process $15B in new Paycheck Protection Program loans.

Sat, 02 May 2020 12:07:39 GMT

WH blocks Fauci's coronavirus testimony

The White House has blocked Dr Anthony Fauci to testify before the US Congress on the Trump administration's handling of the COVID-19 pandemic next week.

Sat, 02 May 2020 11:19:08 GMT

NBCUniversal considers major reductions

According to the Wall Street Journal, NBCUniversal is considering major employees layoffs as a part of cost optimization policy.

Sat, 02 May 2020 10:36:44 GMT

IMF to give loan to Malawi

The International Monetary Fund (IMF) approved on Saturday a $91M credit for Malawi negate the deficit of balance of payments.

Sat, 02 May 2020 09:15:31 GMT

ABB CEO to present decentralisation plan

According to the Neue Zuercher Zeitung, Bjorn Rosengren, ABB's new CEO, is intended to decentralise the company to achieve more efficiency.

Sat, 02 May 2020 08:03:59 GMT

Tesla extends furlough

According to Tesla's internal email, the company is extending furlough for part of employees for another week.

Sat, 02 May 2020 06:53:18 GMT

Kazakh airlines restart regular domestic flights

On Friday, Kazakhstan's Air Astana made its first regular flight from Almaty to capital Nur-Sultan in over a month, after authorities relaxed lockdown rules.

Sat, 02 May 2020 05:47:16 GMT

Tencent acquires 5% stake in Afterpay

The Chinese tech giant Tencent Holdings has acquired a 5% share in Australia's buy-now-pay-later Afterpay Ltd. The Australian company announced on Friday.

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