News

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Sat, 03 Oct 2020 18:31:07 GMT

Chevron Nigeria to lay off employees

Chevron Nigeria stated on Saturday that it would fire 25% of its employees in an attempt to cut costs amid weak demand on oil.

Sat, 03 Oct 2020 16:54:38 GMT

Investors bets on Biden victory

The market sentiment shifted on Friday towards Joe Biden's victory as Donald Trump was tested positively for COVID-19.

Sat, 03 Oct 2020 16:06:41 GMT

EU to treat UK with respect now, says Raab

The British Foreign Minister Dominic Raab stated on Saturday that the EU cannot dictate its rules no more and any new deal with the block must be just and based on a mutual respect.

Sat, 03 Oct 2020 14:26:31 GMT

Trump comments on coronavirus

The US President Donald Trump announced on Saturday that his condition is well and he thanked everyone for good wishes.

Sat, 03 Oct 2020 14:07:57 GMT

UK launches transport review

On Saturday, the Prime Minister of the United Kingdom Boris Johnson announced that he would lead a review of UK's transport infrastructure.

Sat, 03 Oct 2020 13:35:28 GMT

Lufthansa cuts jobs

On Saturday, the Swiss unit of Lufthansa announced that it would cut 1000 jobs during the next two years.

Sat, 03 Oct 2020 08:32:44 GMT

US Jobless Rate grows

On Friday, the US statisticians revealed that the US jobless rate had reached 7.9%.

Sat, 03 Oct 2020 06:47:03 GMT

Armenia prepares to work for ceasefire

On Friday, Armenia announced that it is prepared to work with the United States, France and Russia for a ceasefire in Nagorno-Karabakh.

Sat, 03 Oct 2020 06:05:18 GMT

Malaysia Aviation Group low on cash

According to three sources with knowledge of the matter, Malaysia Airlines group had reached out to lessors for steep discounts on aircraft rentals.

Sat, 03 Oct 2020 05:03:47 GMT

Japan's Honda to exit Formula One

The Japanese Honda Motor will quit its partnership with the Red Bull Racing team in F1 to focus on zero-emission, Chief Executive Officer Takahiro Hachigo said in an online news conference on Friday.

Sat, 03 Oct 2020 04:01:43 GMT

Belarus recalls diplomats from Lithuania, Poland

According to the Belta news agency, the Belarusian government has summoned its ambassadors from Lithuania and Poland.

Sat, 03 Oct 2020 02:48:11 GMT

Noble Energy gets $4.2B sale approval

On Friday, Noble Energy shareholders approved a $4.2 billion sale to Chevron. The approval cements the first big energy deal since the COVID-19 crushed global fuel demand.

Sat, 03 Oct 2020 02:31:09 GMT

Republicans press to confirm Supreme Court pick

On Friday, Majority Leader Mitch McConnell said that the US Senate would proceed with Amy Coney Barrett's Supreme Court confirmation.

Fri, 02 Oct 2020 20:02:35 GMT

Trump experiencing mild coronavirus symptoms

As reported by administration officials on Friday, the US President Donald Trump is showing mild coronavirus symptoms.

Fri, 02 Oct 2020 19:05:17 GMT

Madrid residents return to lockdown

Residents of the Spanish capital and nine satellite towns will be prevented from leaving the city starting on Friday at 10 pm (2000 GMT) except on essential trips.

Fri, 02 Oct 2020 18:00:43 GMT

Giammattei has almost recovered from COVID-19

The Guatemalan presidential spokesman Francis Masek stated on Friday that Guatemala's President Alejandro Giammattei has nearly recovered from the COVID-19.

Fri, 02 Oct 2020 17:01:21 GMT

Global equity markets edge lower

On Friday, global stock markets edged lower, as investors and traders piled into safe-haven gold and the Japanese Yen.

Fri, 02 Oct 2020 15:41:09 GMT

Uber Freight raises valuation to $3.3B

Uber Technologies announced that Greenbriar Equity Group, the US private equity firm, is set to invest $500M in Uber Freight, its logistics unit, totalling the arm's value at $3.3B.

Fri, 02 Oct 2020 14:45:19 GMT

Tesla tops forecasts for Q3 car deliveries

On Friday, Tesla has topped Wall Street expectations for its Q3 vehicle deliveries by reporting 139,300 units delivered, boosted by rising demand for the carmaker's mass-produced Model 3 cars.

Fri, 02 Oct 2020 14:17:25 GMT

Walmart sees Asda disposal consideration

Walmart is seeking the British competition regulator to consider the Asda supermarket chain's sale to TDR Capital and Issa brothers.

Fri, 02 Oct 2020 13:34:42 GMT

US payrolls growth falls last month

US job growth fell more than anticipated in September, the Labor Department reported on Friday, leaving many people at risk of being unemployed.

Fri, 02 Oct 2020 12:34:24 GMT

Tesla's Musk sees India entry next year

On Friday, Tesla's CEO Elon Musk indicated that the American electric vehicle maker will enter India in 2021.

Fri, 02 Oct 2020 11:33:59 GMT

Walmart sells Asda for $8.8B

Walmart is selling its UK supermarket chain Asda to the private equity firm TDR Capital and Issa brothers in a deal valued at $8.8B, planning to launch smaller stores.

Fri, 02 Oct 2020 09:40:50 GMT

Trump tests positive for coronavirus

On Friday, global stock market indices declined, as the US President Donald Trump announced that he and his wife have been tested positive for the coronavirus.

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