News

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Sun, 28 Mar 2021 11:42:01 GMT

Sinopec raises expenditures

On Sunday, the China Petroleum & Chemical Corporation or Sinopec announced that it would increase its spending in 2021 by 23.8%.

Sun, 28 Mar 2021 10:57:42 GMT

UK comments on vaccination

The government of the United Kingdom revealed on Sunday that there would be no vaccine shortages due to the split with the European Union.

Sun, 28 Mar 2021 10:33:01 GMT

Germany comments on coronavirus

On Sunday, an aid to the German Chancellor Angela Merkel stated that Germany had to stop the coronavirus now or risk a loss of control over it.

Sun, 28 Mar 2021 09:33:18 GMT

Support for Merkel declines

Polls released on Sunday revealed that the support for the German party CDU and the German Chancellor Angela Merkel had declines since the last election.

Sun, 28 Mar 2021 07:51:44 GMT

Egypt reports on Suez Canal

The government of Egypt revealed on Saturday that it had dislodged the rudder and stern of the ship that is stuck in the Suez Canal.

Sun, 28 Mar 2021 07:24:44 GMT

Lufthansa reveals job cuts

On Sunday, the Swiss newspaper SonntagsBlick revealed that the Swiss unit of Lufthansa would soon announce new job cuts.

Sun, 28 Mar 2021 06:00:06 GMT

Goldman Sachs liquidated $10.5B worth of stocks

As reported by Bloomberg News on Saturday, Goldman Sachs Group has sold $10.5B of stocks in a block-trade selling spree.

Sun, 28 Mar 2021 05:00:06 GMT

Iran, China sign 25-year partnership deal

On Saturday, Iran and China signed a 25-year partnership agreement to strengthen their political and economic alliance.

Sun, 28 Mar 2021 04:00:06 GMT

Vietnam receives $4.1 in foreign investment

According to the Vietnamese government data, foreign direct investment in Vietnam rose to $4.1B in the first quarter of 2021.

Sun, 28 Mar 2021 03:00:06 GMT

China to work with UAE to produce affordable vaccines

China wants to partner with the UAE to produce affordable coronavirus vaccines, the Chinese Foreign Minister Wang Yi announced on Saturday.

Sun, 28 Mar 2021 02:30:30 GMT

Germany to receive first doses of J&J vaccine in April

Germany will receive the first doses of Johnson & Johnson's coronavirus vaccine in the middle of April, the German Health Minister Jens Spahn announced on Saturday.

Sat, 27 Mar 2021 21:38:22 GMT

India gifts Bangladesh AstraZeneca vaccines

India gave 1.2M doses of the AstraZeneca vaccine to Bangladesh for free, the country's Foreign Minister said, urging it to secure a regular supply to battle the pandemic.

Sat, 27 Mar 2021 20:37:04 GMT

Total suspends LNG project in Mozambique

Total announced that it postponed the restart of operations at the LNG project in Mozambique after the attack on a nearby city this week.

Sat, 27 Mar 2021 19:05:20 GMT

Enercity, Compleo merge EV charging units

Germany's Enercity announced that it sold the company's shares in its EV charging firm wallbe to Compleo for €34.8M.

Sat, 27 Mar 2021 18:00:07 GMT

Chipotle bets on Nuro's autonomous cars

Chipotle joined a $500M Series C funding round for autonomous delivery startup Nuro, which reportedly doubled its valuation to $5B from the SoftBank-led round in 2019.

Sat, 27 Mar 2021 17:00:08 GMT

China, Iran sign partnership agreement

Foreign ministers from Iran and China, both counties subjects to US sanctions, signed a 25-year partnership agreement on Saturday.

Sat, 27 Mar 2021 15:43:50 GMT

Vietnam sees FDI rise to $4.1B in Q1

Vietnam received $4.1 billion in foreign direct investment in the first three-month period of this year, up 6.5% from 2020, government data revealed.

Sat, 27 Mar 2021 15:22:56 GMT

Chevron eyes Shell oil refinery deal

Chevron Corp was a leading contender to acquire a Royal Dutch Shell refinery in the US Pacific Northwest, sources familiar with the matter stated.

Sat, 27 Mar 2021 14:00:07 GMT

China's industrial profits on rise

According to the National Bureau of Statistics, annual profits of Chinese industrial companies spiked in January and February due to a rebound of the country's manufacturing sector.

Sat, 27 Mar 2021 11:05:07 GMT

ECB to remain euro zone's stabiliser

The ECB top Economist Philip Lane stated on Saturday that the bank must continue serving the role of euro zone's main stabiliser.

Sat, 27 Mar 2021 11:00:07 GMT

WeWork to merge with BowX

On Friday, WeWork agreed to make an initial public offering after completing a merger with BowX Acquisition Corp.

Sat, 27 Mar 2021 10:55:06 GMT

Nissan and others decrease production

Nissan Motor Co, Stellantis NV and Nio stated on Friday that they were also forced to lower vehicles production because of the chips deficit.

Sat, 27 Mar 2021 10:29:48 GMT

IG Metall makes deal with workers

On Saturday, the German biggest trade union, IG Metall, reached an agreement with 70K steel industry workers over $295 lump-sum payouts.

Sat, 27 Mar 2021 09:00:08 GMT

Volkswagen: no priority for Porsche listing

The possible listing of Porsche AG is not the priority of the agenda of Volkswagen, CEO Herbert Diess said in an interview.

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