News

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Sun, 07 Feb 2021 19:03:50 GMT

Argentina continues talks with IMF

The President of Argentina Alberto Fernández stated on Sunday that the International Monetary Fund (IMF) must offer more flexible terms or the government would be forced to raise taxes.

Sun, 07 Feb 2021 18:00:51 GMT

China releases new anti-monopoly rules

On Sunday, the Chinese market regulator issued new anti-monopoly rules that target China's tech giants.

Sun, 07 Feb 2021 16:57:13 GMT

Telenor restores internet access in Myanmar

On Sunday, the Norwegian telecommunications company Telenor announced that it has restored Myanmar's internet access.

Sun, 07 Feb 2021 15:59:26 GMT

Khamenei says US must lift sanctions

On Sunday, the Iranian Supreme Leader Ayatollah Ali Khamenei stated that the United States must lift all sanctions before Iran return to the 2015 nuclear agreement.

Sun, 07 Feb 2021 15:00:25 GMT

Ecuador votes for new president

On Sunday, Ecuadorians went to the polls to elect a new president with several voters weary of economic austerity rules and leaned towards socialism.

Sun, 07 Feb 2021 14:00:38 GMT

Tens of thousands protest Myanmar's military coup

On Sunday, tens of thousands of protesters took to the streets of Myanmar's largest city to opposed the military coup and demanded the release of ousted civilian leader Aung San Suu Kyi.

Sun, 07 Feb 2021 13:37:37 GMT

G4S to speak with City's takeover panel

According to the Telegraph, the UK security group G4S is planning to hold talks with takeover panel of the City over the possible auction and the company's takeout.

Sun, 07 Feb 2021 12:33:22 GMT

Daimler to supervise its truck unit

According to the Frankfurter Allgemeine Sonntagszeitung, the German auto giant Daimer is plannig to keep a protective hand over its truck unit, Daimler Trucks, after the upcoming spin-off.

Sun, 07 Feb 2021 11:32:01 GMT

Amazon to buy gas fueled trucks

Amazon.com Inc placed an order to acquire hundreds of trucks working on a natural gas, thus contributing to the fight against atmospheric pollution.

Sun, 07 Feb 2021 10:31:55 GMT

Taiwan punishes Deutsche Bank

On Sunday, the Taiwanese government banned Deutsche Bank and several other banks from offering forex derivatives for two years for speculation with the local currency.

Sun, 07 Feb 2021 09:02:43 GMT

Indonesia authorizes China's COVID-19 vaccine

Indonesia's food and drug agency (BPOM) has approved the use of the Chinese Sinovac Biotech coronavirus vaccine for the elderly.

Sun, 07 Feb 2021 08:02:26 GMT

Visco says Italy needs cohesion to grow economy

On Saturday, the Italian Central Bank Governor Ignazio Visco said that Italy needs cohesion to revive economic growth and cut the public debt.

Sun, 07 Feb 2021 07:03:51 GMT

FB asks Myanmar to unblock access to social media

On Saturday, Rafael Frankel, Facebook's director of public policy, called on Myanmar's authorities to unblock access to all social media services.

Sun, 07 Feb 2021 06:09:26 GMT

Ramaphosa comments on Africa's economic recovery

On Saturday, the South African President Cyril Ramaphosa stated that access to concessional loans would remain crucial to Africa's economic recovery.

Sun, 07 Feb 2021 04:59:57 GMT

Iran's FM urges US to return to nuclear deal

On Saturday, the Iranian Foreign Minister Mohammad Javad Zarif urged the United States to return to the 2015 nuclear agreement.

Sun, 07 Feb 2021 04:05:08 GMT

Italy's Draghi gets support of two rival parties

On Saturday, Mario Draghi secured a conditional backing from Italy's populist 5-Star Movement and the right-wing League to form a new government.

Sat, 06 Feb 2021 21:57:54 GMT

Cuba allows small private businesses to operate

According to the state-run media, Cuba's government will open the door for small enterprises to operate to help kick-start the economy and create jobs.

Sat, 06 Feb 2021 21:35:19 GMT

CSRC approves four IPOs

The China Securities Regulatory Commission (CSRC) approved on Saturday the initial public offering (IPO) of Hynar Water Group, Anhui Shiny Electronic Technology, Ningbo Zhenyu Technology and Shenzhen BSC Technology.

Sat, 06 Feb 2021 20:23:45 GMT

Interest in wealth management products grows

According to the Chinese official data, the number of people invested into wealth management products had increased 86.85% in 2020 reaching 41.62M.

Sat, 06 Feb 2021 17:44:45 GMT

US states seeks to scrutinise Verizon's deal

US states called on the FCC to scrutinise the $6.25B acquisition of Tracfone, the pre-paid mobile phones operator, proposed by Verizon Communications, with imposing further conditions in case of the approval.

Sat, 06 Feb 2021 16:42:45 GMT

Amazon orders over 1K truck engines

Amazon.com has ordered over 1K natural gas-powered truck engines for its US fleet, switching away from the heavier polluting trucks, according to the company's statement.

Sat, 06 Feb 2021 15:53:57 GMT

China's Laix shares rise

Shares of Laix Inc, the Chinese artificial intelligence company, surged 355% on Friday, with other small Chinese educational stocks also soaring, Reuters reported.

Sat, 06 Feb 2021 14:58:50 GMT

Renault, Stellantis to cut some output

Renault and Stellantis will suspend their vehicle production at some factories due to a global semiconductors shortage, both companies said earlier this week.

Sat, 06 Feb 2021 14:03:05 GMT

IMF warns US of bankruptcies risk

The International Monetary Fund stated on Friday that the US could face a wave of bankruptcies without proper fiscal support.

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