News

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Sun, 31 Jan 2021 07:05:52 GMT

Argentina solicits for $44B IMF deal

As reported by the Wall Street Journal on Saturday, the Argentine Economy Minister Martin Guzman is seeking for a $44 billion deal with the IMF to repay debt.

Sun, 31 Jan 2021 06:04:41 GMT

Vietnam authorizes AstraZeneca's COVID vaccine

On Saturday, the Vietnamese Health Ministry approved AstraZeneca's coronavirus vaccine for domestic inoculation.

Sun, 31 Jan 2021 05:08:26 GMT

Duterte tightens AML rules

On January 29, the President of Philippine Rodrigo Duterte strengthened the anti-money laundering law ahead of the February 1 deadline set by the Financial Action Task Force.

Sun, 31 Jan 2021 04:18:56 GMT

Iran imposes quarantine for visitors from Europe

On Saturday, the Iranian government imposed a two-week self-quarantine for travellers arriving from Europe.

Sat, 30 Jan 2021 21:45:12 GMT

Iran rejects any new talks on nuclear deal

On Saturday, the Iranian Foreign Ministry rejected any changes to the parties or negotiations on the nuclear deal.

Sat, 30 Jan 2021 21:29:04 GMT

Argentina negotiates $44B deal with IMF

The Economy Minister of Argentina Martin Guzman is planning to close a $44B deal with the International Monetary Fund by the end of spring, the Wall Street Journal announced on Saturday.

Sat, 30 Jan 2021 20:12:43 GMT

US consumer spending down 0.2%

According to the US Commerce Department's report, the country's consumer spending decreased 0.2% in December mostly due to the pandemic restrictions.

Sat, 30 Jan 2021 19:31:47 GMT

IG Group limits trading

The US trading company, IG Group, stated on Saturday that it would restrict opening new positions AMC Entertainment and GameStop Corp due to extreme turbulence in the market.

Sat, 30 Jan 2021 15:31:11 GMT

Real estate gets sold for Bitcoin

Reuters reported on Saturday that a bar owner in New York had put up his real estate on sale for either Bitcoin or Ethereum.

Sat, 30 Jan 2021 12:53:21 GMT

Xiaomi to challenge US authorities ban in court

On Friday, China's Xiaomi filed a lawsuit in the Washington district court against the US Treasury and Defense Departments asking to remove the unlawful ban on its operations in the country.

Sat, 30 Jan 2021 12:02:59 GMT

US unions to ask $15B more aid

Sara Nelson and Julie Hedrick, two American union leaders, stated on Friday that they would ask the Congress and the President to provide an additional $15B aid to the country's aviation sector.

Sat, 30 Jan 2021 10:45:34 GMT

UK gives attractive visa regime for Hong Kongers

The UK Prime Minister Boris Johnson noted on Saturday that the updated visa scheme would allow to attract qualified workforce from Hong Kong that could subsequently pretend for the British citizenship.

Sat, 30 Jan 2021 10:14:13 GMT

US firms call India not to tighten regulation

According to sources familiar with the matter, a number of huge American companies, such as Amazon.com and Walmart called Indian government not to tighten regulation on foreign investments for e-commerce companies.

Sat, 30 Jan 2021 08:47:12 GMT

Biden presses US Congress on COVID-19 stimulus

On Friday, the US President Joe Biden stated that the US Congress needs to take action immediately on the $1.9 trillion coronavirus relief package proposal.

Sat, 30 Jan 2021 08:01:15 GMT

US consumer spending declines in December

As reported by the US Commerce Department on Friday, US consumer spending tumbled by 0.2% last month.

Sat, 30 Jan 2021 06:58:17 GMT

Malley named as special US envoy for Iran

According to a top official, the US President Joe Biden has picked Robert Malley, a veteran Middle East official, as special envoy for Iran.

Sat, 30 Jan 2021 06:03:38 GMT

Eurozone's economy shows resilience in Q4

The Eurozone economy showed resilience in the fourth quarter. Germany's economy surged by 0.1% in Q4, Spain achieved modest quarterly growth of 0.4%, while the French economy contracted by 1.3%.

Sat, 30 Jan 2021 05:03:00 GMT

Robinhood raises over $1 billion

On Friday, the California-based commission-free stock trading app Robinhood announced that it had raised over $1 billion of new funding from existing investors.

Sat, 30 Jan 2021 04:06:42 GMT

Robinhood eases disputed trading restrictions

Shares of GameStop and other companies edged higher on Friday after commission-free stock trading app Robinhood eased some trading restrictions.

Fri, 29 Jan 2021 21:46:14 GMT

WH comments on GameStop stock

The Biden administration will leave the retail stock surge to financial market regulators at the US Securities and Exchange Commission, the White House spokeswoman Jen Psaki said on Friday.

Fri, 29 Jan 2021 21:33:21 GMT

France's GDP falls 8.3% last year

France's GDP declined 8.3% in 2020, as the COVID-19 epidemic took a toll on economic activities, the INSEE stated on Friday.

Fri, 29 Jan 2021 20:14:11 GMT

SAP revenues fall 1% in 2020

Revenues of SAP decreased 1% year-over-year to €27.34B in the past fiscal year, the German software giant stated.

Fri, 29 Jan 2021 19:30:16 GMT

BlackBerry executives sell shares

Three BlackBerry executives, including the CFO, sold $1.7M of the company's stock this month, as the share price peaked, filings with securities regulators revealed.

Fri, 29 Jan 2021 17:42:14 GMT

SoftBank CEO sees self-driving cars mass production

On Friday, SoftBank Group's CEO Masayoshi Son stated he was expecting mass production of driverless cars to in about two years, adding he would continue to invest in AI tech giants.

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