News

Note: This section contains information in English only.
Mon, 20 Apr 2020 10:50:43 GMT

Crude oil prices fall

During Monday's European trading hours, crude oil price benchmarks reached a low level not seen since March 1999.

Mon, 20 Apr 2020 10:24:13 GMT

European stock prices surge

On Monday, stock indices in Europe surged, as stocks were boosted by gains in healthcare stocks.

Mon, 20 Apr 2020 09:18:45 GMT

UK secures 25M protective medical clothing from China

Oliver Dowden, the UK Culture Minister, said on Monday that the United Kingdom has secured 25M protective medical clothing from China.

Mon, 20 Apr 2020 08:12:58 GMT

VA plans to enter voluntary administration

According to the SMH newspaper report, published on Monday, Virgin Australia Airlines is planning to go into voluntary administration.

Mon, 20 Apr 2020 07:35:10 GMT

New Aston Martin CEO to focus on SUV production

Aston Martin will shift its focus to reviving the production of a sport utility vehicle, the carmaker's new Chief Executive Lawrence Stroll stated on Monday.

Mon, 20 Apr 2020 05:08:01 GMT

Japan to issue $240B worth bonds

The Japanese government is planning to issue bonds worth $240B as a part of additional economy support measures.

Mon, 20 Apr 2020 04:18:31 GMT

Japan's aid increased to $1.08B

According to a draft bill, Japanese authorities decided to increase financial assistance package from ¥108.2T to ¥117.1T.

Mon, 20 Apr 2020 02:47:36 GMT

Amazon to prolong France's warehouses closure

Amazon.com announced on Sunday that it would extend the closure of its warehouses in France until April 22 after a dispute with the French unions over hygienic conditions.

Mon, 20 Apr 2020 01:50:16 GMT

Neiman Marcus plans to seek bankruptcy protection

According to sources with knowledge of the matter, Neiman Marcus is planning to file for bankruptcy within the coming days.

Sun, 19 Apr 2020 19:42:57 GMT

Facebook to present gaming app

According to the New York Times, Facebook Inc is planning to launch on Monday a game streaming mobile application.

Sun, 19 Apr 2020 19:33:35 GMT

US legislators call to help media

A number of the US legislators stated on Sunday that assistance from the government should be expanded to local broadcasters and newspapers.

Sun, 19 Apr 2020 18:34:38 GMT

Neiman Marcus to announce bankruptcy

According to sources familiar with the matter, the US department store operator, Neiman Marcus, is planning to file for bankruptcy this week.

Sun, 19 Apr 2020 17:34:38 GMT

G20 discusses coronavirus

On Sunday, the G20 health ministers held an e-meeting at which they discussed measures to be taken to contain the coronavirus outbreak.

Sun, 19 Apr 2020 16:33:59 GMT

Amazon to keep French warehouses closed

Amazon.com stated on Sunday that it would not reopen its six warehouses in France until April 22 because of the situation with coronavirus.

Sun, 19 Apr 2020 15:26:04 GMT

US legislators negotiate deal to help businesses

According to the Senate officials, the US legislators are close to negotiate a deal that would provide small businesses extra aid to help overcoming the consequences of coronavirus outbreak.

Sun, 19 Apr 2020 14:06:21 GMT

US banks want to change lending terms

The US banks seek to adjust the terms of $600B lending program for businesses offered by the Federal Reserve to be able to issue smaller loans.

Sun, 19 Apr 2020 13:06:23 GMT

British schools to remain closed

The UK Education Minister Gavin Williamson stated on Sunday that the government has not made any decision regarding schools' reopening yet.

Sun, 19 Apr 2020 12:12:13 GMT

South Korea eases lockdown

South Korean authorities decided on Sunday to prolong the policy of social distancing for another two weeks but eased it for some institutions amid low number of coronavirus cases.

Sun, 19 Apr 2020 11:38:51 GMT

Europe needs €500B to recover

According to the European Stability Mechanism, European countries would need not less than €500B from the EU institutions to recover from the coronavirus outbreak.

Sun, 19 Apr 2020 10:34:10 GMT

FNAC Darty to receive state aid

Fnac Darty stated on Sunday that it would receive a $544M loan from the French government as an aid for businesses affected by the coronavirus outbreak.

Sun, 19 Apr 2020 09:33:51 GMT

Britain to keep lockdown measures

The UK Cabinet Office Minister Michael Gove stated on Sunday that government would not ease quarantine measures in nearest future.

Sun, 19 Apr 2020 08:34:34 GMT

Ireland not to allow public gatherings this year

The Health Minister of Ireland Simon Harris stated on Sunday that large public gatherings most probably would not be allowed until the end of this year.

Sun, 19 Apr 2020 07:12:03 GMT

World Bank, IMF provide funds to low-income countries

The World Bank and the International Monetary Fund are providing funds to low-income countries and developing nations across the globe to fight the spread of the coronavirus pandemic.

Sun, 19 Apr 2020 05:58:35 GMT

Netflix adds $50M to emergency relief fund

The spokeswoman for Netflix Inc said that the company has added $50 million to its COVID-19 relief fund for displaced production staffs.

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