News

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Mon, 25 Jan 2021 05:01:19 GMT

WH to press US Congress for $1.9T relief bill

On Sunday, Brian Deese, the Director of the National Economic Council, said that the White House would push Republican and Democratic senators for a new $1.9 trillion in COVID-19 relief package.

Mon, 25 Jan 2021 04:05:12 GMT

Italy to sue Pfizer and AstraZeneca

On Sunday, Italy's Foreign Minister Luigi Di Maio announced that the Italian government would file a lawsuit against AstraZeneca and Pfizer Inc over a delay in the supply of coronavirus vaccines.

Mon, 25 Jan 2021 02:27:12 GMT

Gulf Air negotiates with Airbus and Boeing

On Sunday, Waleed Abdulhameed Al Alawi, the acting CEO of Gulf Air, said that the company is in discussions with Boeing and Airbus to delay aircraft deliveries.

Sun, 24 Jan 2021 21:33:44 GMT

France likely to have new lockdown

The French government senior health advisor Delfraissy stated on Sunday that the country most probably would need to go through a third lockdown.

Sun, 24 Jan 2021 20:33:01 GMT

Nord Stream 2 construction resumes

The Nord Stream 2 consortium stated on Sunday that a pipe-laying ship had resumed works in Denmark's waters.

Sun, 24 Jan 2021 19:34:31 GMT

Saudi fund plans to double its assets

The Saudi Prince Mohammed bin Salman stated on Sunday that assets of the country's sovereign fund would be doubled to $1.07T by 2025.

Sun, 24 Jan 2021 17:50:50 GMT

Kuwait's Emir appoints Al-Sabah as PM

As reported by the state news agency KUNA on Sunday, the Kuwaiti Emir Sheikh Nawaf al-Ahmed al-Sabah has appointed Sheikh Sabah Khaled Al-Hamad Al-Sabah, as the country's Prime Minister.

Sun, 24 Jan 2021 17:00:37 GMT

Goldman Sachs lower Turkish Lira forecast

Goldman Sachs announced that its three-month forecast for the Turkish Lira was 7.00 to 7.50 to the US Dollar.

Sun, 24 Jan 2021 16:01:40 GMT

UAE approves establishment of embassy in Israel

On Sunday, the United Arab Emirates cabinet approved the establishment of an embassy in Tel Aviv, Israel.

Sun, 24 Jan 2021 14:43:24 GMT

Gulf Air seeks aircraft delays

The CEO of Gulf Air Waleed Abdulhammed Al Alawi revealed to Reuters on Sunday that the company is in talks with aircraft producers about delivery delays.

Sun, 24 Jan 2021 14:18:58 GMT

Biden works with Israel

On Sunday, Jake Sullivan, the National Security Adviser for the US President Joe Biden, revealed that the new administration would work on regional normalization with Israel.

Sun, 24 Jan 2021 13:37:45 GMT

Goldman gives forecast on Turkish Lira

Goldman Sachs stated on Sunday that in the next three months the Turkish Lira's value against Dollar could reach 7.00 to 7.50.

Sun, 24 Jan 2021 12:15:08 GMT

VW considers claiming damages

According to the Automobilwoche magazine's report, Volkswagen is evaluating chances of claiming damages from Bosch and Continental for failing to supply the required number of semiconductor chips.

Sun, 24 Jan 2021 11:35:53 GMT

US to pay more attention to climate change

The US President Joe Biden stated on Saturday that he would issue more regulations aimed at tackling climate change.

Sun, 24 Jan 2021 10:31:58 GMT

Germany pays attention to chip shortage

On Saturday, the German Economy Minister Peter Altmaier sent a letter to his Taiwanese colleague asking to help to persuade local manufacturers to supply more semiconductor chips needed for car production.

Sun, 24 Jan 2021 09:28:12 GMT

Taiwan addresses chip makers

On Sunday, the government of Taiwan requested chip makers to deal with a shortage in the auto sector.

Sun, 24 Jan 2021 08:28:53 GMT

Biden orders assessment

The US White House announced on Sunday that the US President Joe Biden had ordered an assessment of domestic extremism.

Sun, 24 Jan 2021 07:16:27 GMT

Scotland prepares for referendum

On Saturday, Reuters revealed that Scottish nationalists were preparing for a second independence referendum.

Sun, 24 Jan 2021 05:45:25 GMT

Johnson expects working with Biden

On Saturday, the UK Prime Minister Boris Johnson stated he looked forward to cooperation with the US President Joe Biden on shared goals, such as tackling climate change.

Sun, 24 Jan 2021 04:49:10 GMT

German KBA looks into faulty Tesla touchscreen

Germany's KBA, the motor vehicle authority, is looking into Tesla's touchscreen displays failures, demanding the US carmaker to provide more information after a similar request made by the US authorities.

Sun, 24 Jan 2021 03:45:26 GMT

Biden Administration to release new climate policies

The Administration of the US President Joe Biden is set to unveil more policies next week needed to fight climate change and called on China to severe one of its greenhouse gas emissions targets.

Sun, 24 Jan 2021 03:06:43 GMT

US calls on China to halt pressuring Taiwan

On Saturday, the US State Department urged China to halt its pressure against Taiwan, following the island's defence ministry statement on Chinese jets and bombers entering the southwestern corner of Taiwan's air defence identification zone.

Sat, 23 Jan 2021 21:27:16 GMT

Brazil's Vale narrows compensation value to $2B

According to sources familiar with the matter, Brazil's Vale SA had managed to narrow the value of compensation for the Brumadinho disaster to $2B before talks fell apart.

Sat, 23 Jan 2021 20:28:54 GMT

RLX value reaches $35B

The share value of vaping company from China, RLX Technology Inc, on Friday surged 86%, resulting in capitalizaiton reaching $35B.

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