News

Note: This section contains information in English only.
Fri, 01 Jan 2021 04:40:02 GMT

Stocks surge at end of year

On December 31, stock indices ended trading with a surge, despite that a usual year-end decline was expected.

Fri, 01 Jan 2021 04:31:16 GMT

Drug makers hike prices

Reuters revealed on Thursday that major drug makers would hike prices for aproximately 300 drugs starting from January 1.

Thu, 31 Dec 2020 21:53:19 GMT

Oil ends year with a decline

On Thursday, crude oil prices ended the year's trading by booking an annual decline of 20%.

Thu, 31 Dec 2020 20:53:29 GMT

Airbus says EU should respond to US tariffs

On Thursday, Airbus said that the European Union should respond appropriately to the US decision to impose unwarranted tariffs on European products.

Thu, 31 Dec 2020 20:09:30 GMT

Oil prices unlikely to jump in 2021

According to a Reuters poll published on Thursday, crude oil prices are unlikely to mount a strong recovery next year, as new COVID-19 strain and related travel restraints threaten fuel demand.

Thu, 31 Dec 2020 17:08:53 GMT

French wine exporters comment on US tariffs

On Thursday, France's wine exporters federation stated that the Washington decision to impose more tariffs on certain European Union products, including wines from France, was a real blow to the sector.

Thu, 31 Dec 2020 17:01:09 GMT

European shares decline

On Thursday, European shares edged lower and were set to end a tumultuous 2020 on a decline, as investors squared positions on the last trading day of the year.

Thu, 31 Dec 2020 16:01:58 GMT

Santos Laguna files lawsuit against Disney

Mexico's soccer team Santos Laguna has filed a lawsuit against Walt Disney, claiming that the company violated the terms of a five-year agreement signed in 2017.

Thu, 31 Dec 2020 15:03:42 GMT

China investigates Ant's equity investments

According to sources with knowledge of the matter, the Chinese Securities Regulatory Commission is investigating Ant Group's equity investments.

Thu, 31 Dec 2020 14:16:32 GMT

Belarus to hold referendum on constitution

As reported by the Belta state news agency, the President of Belarus Alexander Lukashenko stated on Thursday that his country would hold a referendum on constitutional amendments.

Thu, 31 Dec 2020 13:09:12 GMT

Aldi to buy more food from UK's suppliers

On Wednesday, budget supermarket Aldi announced that it plans to spend an additional £3.5 billion on food and drink from UK's suppliers during the next five years.

Thu, 31 Dec 2020 13:00:57 GMT

Tiffany's shareholders approve LVMH acquisition

On Wednesday, Tiffany & Co announced that its shareholders have approved a $15.8B deal with the French luxury maker LVMH.

Thu, 31 Dec 2020 12:07:07 GMT

EU, China agree on investment treaty

On Wednesday, China and the European Union announced a long-awaited agreement on an investment treaty.

Thu, 31 Dec 2020 11:06:28 GMT

Perella Weinberg agrees to go public

On Wednesday, Perella Weinberg Partners, a New York-based boutique investment bank, agreed to go public via a $975M merger deal with special purpose acquisition corporation FinTech Acquisition Corp.

Thu, 31 Dec 2020 10:00:07 GMT

US imposes sanctions on two Venezuelan officials

On Wednesday, the US Treasury Department in a statement said it blacklisted a Venezuela's prosecutor and the Supreme Court judge who presided over the trial of six former Citgo's executives.

Thu, 31 Dec 2020 09:02:16 GMT

UK PM signs post-Brexit trade agreement

On Wednesday, the UK Prime Minister Boris Johnson signed into law the post-Brexit trade agreement with the European Union.

Thu, 31 Dec 2020 08:01:28 GMT

Asian shares edge higher

On Thursday, Asian shares edged higher and were on track to end 2020 at a record level, as investors and traders bet on a strong economic recovery next year.

Thu, 31 Dec 2020 07:01:17 GMT

UK's lawmakers approve post-Brexit trade deal

On Wednesday, the UK Parliament voted 521 to 73 in favour of Prime Minister Boris Johnson's Brexit trade agreement with the European Union.

Thu, 31 Dec 2020 06:14:46 GMT

Fincantieri extends term for Chantiers tie-up

Fincantieri agreed with a proposal to expand the deadline for the tie-up with France's Chantiers de l'Atlantique, a spokesperson for the Italian shipbuilder stated.

Thu, 31 Dec 2020 05:28:05 GMT

Acadia to sell Priory for $1.47B

Acadia Healthcare Co stated that it would sell the UK unit the Priory Group to private equity company Waterland for about $1.47B.

Thu, 31 Dec 2020 04:29:57 GMT

Tiffany approves LVMH takeover

The US jeweller Tiffany & Co's shareholders approved a $15.B deal with LVMH, finalising a dispute between retailers that stretched for more than a year.

Wed, 30 Dec 2020 21:43:10 GMT

Ticketmaster fined for invading rival systems

Ticketmaster is expected to pay a $10M criminal fine to avoid prosecution on the US charges it regularly accessed rival's computer systems.

Wed, 30 Dec 2020 21:31:20 GMT

Amazon to buy Wondery

Amazon.com Inc announced that it would acquire Wondery, the podcast startup in a bid to increase non-musical content on the Amazon Music application.

Wed, 30 Dec 2020 20:02:53 GMT

IMF: long ascent towards recovery ahead

Economies face "long ascent" towards recovery from the covid pandemic, the Managing Director of the International Monetary Fund Kristalina Georgieva says.

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