News

Note: This section contains information in English only.
Fri, 10 Apr 2020 12:59:53 GMT

Ireland to relax coronavirus lockdown little by little

Ireland is set to ease the coronavirus lockdown restrictions step by step, the country's senior health official announced on Friday.

Fri, 10 Apr 2020 11:41:41 GMT

Tesla posts record high China sales in March

Tesla reported its China car sales hit record high of 10,160 vehicles in March, which is around 30% of its battery electric cars sold in the country.

Fri, 10 Apr 2020 10:50:23 GMT

Airbus delays plan to create new A321 jet assembly line

Airbus decided to shelve its plans to build a new A321 airliner assembly line in France, as the planemaker is struggling with negative impact caused by the coronavirus crisis.

Fri, 10 Apr 2020 10:10:46 GMT

FCA, PSA step up work on closing merger

Fiat Chrysler and PSA Group are accelerating their work to close the merger deal in spite of the coronavirus crisis, Carlos Tavares, PSA's CEO, stated.

Fri, 10 Apr 2020 09:29:18 GMT

Boeing likely to cut its workforce by 10%

Boeing is considering a potential 10% cut to its workforce, including buyouts, involuntary layoffs and early retirements, according to the Wall Street Journal report.

Fri, 10 Apr 2020 07:54:06 GMT

Reuters publishes oil price research

Reuters published on Thursday a compilation of analyst opinions, which revealed that, despite oil production cuts, crude oil prices are unlikely going to surge.

Fri, 10 Apr 2020 07:32:04 GMT

Saudi Arabia and Russia approach oil deal

On Thursday, OPEC and Russian sources revealed to news agencies that Russia and Saudi Arabia are close to reaching a 20 million barrel per day production cut.

Fri, 10 Apr 2020 05:42:14 GMT

Fiat reaches deal with worker unions

It was revealed on Thursday by Fiat Chrysler that the company has made a deal with employee unions on coronavirus measures in Italy.

Fri, 10 Apr 2020 05:30:52 GMT

OPEC+ works on new deal

On Thursday, Reuters revealed that OPEC+ countries were working on a two-year crude oil production cut.

Fri, 10 Apr 2020 03:43:50 GMT

France doubles stimulus

The government of France announced on Thursday that it would double its crisis stimulus package to 100 billion Euros.

Fri, 10 Apr 2020 03:29:50 GMT

US jobless claims continue record streak

On Thursday, for a second week in a row weekly US unemployment claims topped six million.

Thu, 09 Apr 2020 20:43:00 GMT

Crude oil prices surge

During Thursday's US trading session, crude oil price benchmarks surged, as market participants expected an OPEC production cut.

Thu, 09 Apr 2020 19:53:34 GMT

Tesla's China sales at record high in March

Tesla Inc sold 10.1K vehicles in China last month, the company's highest ever monthly sales in the country, the CPCA stated.

Thu, 09 Apr 2020 18:42:35 GMT

Zalando to cut €350M in costs

Germany's online retailer Zalando is cutting €350M of costs, aiming to get through the coronavirus crisis without layoffs.

Thu, 09 Apr 2020 17:42:41 GMT

Sony invests $400M in Chinese Bilibili

China's video site Bilibili is expected to get $400M investment from SCA, Sony Corp America, as both companies seek to further collaborate in entertainment.

Thu, 09 Apr 2020 16:58:50 GMT

US producer prices decline further in March

The US producer prices decreased 0.2% in March, after falling 0.6% in the prior month, the biggest drop since 2015.

Thu, 09 Apr 2020 15:42:33 GMT

Debenhams goes into administration again

The UK retailer Debenhams entered administration for the second time in a year, seeking to protect the group from legal action by creditors during the COVID-19 crisis.

Thu, 09 Apr 2020 15:04:55 GMT

Canada loses 1.01M jobs last month

Canada lost 1.01M jobs in March, while the jobless rate soared to 7.8%, official data revealed, as the new coronavirus outbreak closed non-essential businesses.

Thu, 09 Apr 2020 13:42:26 GMT

Oil producers discuss production

On Thursday, OPEC and Russian officials continued to debate crude oil production cuts, as disagreements continued to be present.

Thu, 09 Apr 2020 12:43:31 GMT

US does not join oil talks

It was revealed on Thursday by Reuters that, despite most oil producing countries discussing production cuts, US had not joined the talks.

Thu, 09 Apr 2020 11:41:14 GMT

Bank of England offers money to government

The Bank of England stated on Thursday that it would lend the government of the UK money to fight the spread of the coronavirus.

Thu, 09 Apr 2020 10:49:13 GMT

Virgin Australia asks for aid

On Thursday, Virgin Australia grounded all domestic flights and continued to ask for government financial aid.

Thu, 09 Apr 2020 09:42:54 GMT

Stock prices surge on Thursday

During the Asian and European Thursday's trading sessions, global stock indices surged, as governments continued to announce stimulus measures.

Thu, 09 Apr 2020 09:01:13 GMT

Kuroda says uncertainty over Japan's economy is extremely high

The Bank of Japan Governor Haruhiko Kuroda said on Thursday that Japan's economy faces extremely high uncertainty, as the coronavirus crisis hit production and consumption.

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