News

Note: This section contains information in English only.
Tue, 19 Jan 2021 05:41:00 GMT

Alberta asks for pressure on Biden

On Monday, representatives of the Canadian Alberta province urged the Prime Minister Justin Trudeau to pressure the US President Joe Biden in regards to the Keystone XL pipeline.

Tue, 19 Jan 2021 05:31:10 GMT

Couche-Tard could bid for Carrefour

The CEO of Couche-Tard Brian Hannasch revealed that the company would renew its bid for Carrefour, if the French government would allow an acquisition.

Tue, 19 Jan 2021 03:45:43 GMT

Canada lifts 737 MAX ban

On Monday, the Canadian government announced that it would lift the Boeing 737 MAX flight ban starting from January 20.

Mon, 18 Jan 2021 21:41:20 GMT

Oil prices decline on Monday

During Monday's trading hours, crude oil prices slightly declined, as the US Dollar gained value and decreased all commodity prices.

Mon, 18 Jan 2021 20:43:05 GMT

BlackRock sells stake in China Telecom

BlackRock sold a significant part of its stake in China Telecom for $200M, as the company became a subject to a recent ban on the US investment.

Mon, 18 Jan 2021 19:42:27 GMT

BMW set to double fully-electric car sales

BMW stated that it seeks a 50% rise in sales of fully-electric cars this in 2021, aiming to comply with CO2 emissions targets and chase market leader Tesla.

Mon, 18 Jan 2021 19:07:04 GMT

Reliance to add e-commerce app to WhatsApp

Reliance Industries announced plans to embed the company's e-commerce application JioMart into WhatsApp within the following six months.

Mon, 18 Jan 2021 18:16:48 GMT

Total invests $2.5B in India's solar power

Total paid $2.5B for the share in India's renewable energy company AGEL and solar power assets portfolio.

Mon, 18 Jan 2021 17:32:30 GMT

Disneyland Paris postpones reopening

On Monday, Disneyland Paris stated it had delayed the reopening to April 1 amid the resurgence of the COVID-19 cases.

Mon, 18 Jan 2021 15:53:33 GMT

AT&T to trim workforce in Slovakia

AT&T is planning to reduce its Slovakia workforce as the coronavirus pandemic hurt customer demand, while unions expect 10% of job positions to be affected.

Mon, 18 Jan 2021 15:15:10 GMT

Foxconn unit gets licence to produce laptops

On Monday, Vietnam has granted a licence to Foxconn Technology's unit to establish a $270M worth plant to develop tablets and laptops, according to the Vietnamese government's statement.

Mon, 18 Jan 2021 13:55:24 GMT

Amazon plans two new hubs opening in Italy

Amazon is planning the opening of two new logistics hubs in Italy in 2021, making an investment worth over €230M, the world's biggest online retailer announced on Monday.

Mon, 18 Jan 2021 13:37:36 GMT

Stellantis shares surge on EU debut

Stellantis shares surged 7.5% on their debut on Monday, following the creation of the world's fourth-biggest automaker was this weekend with the $48B merger deal completion between PSA and Fiat Chrysler.

Mon, 18 Jan 2021 12:14:00 GMT

Biden likely to cancel permit for Keystone XL pipeline

The US President-elect Joe Biden may cancel the $9B Keystone XL pipeline project's permit as early as his first day in the office, Reuters reported on Monday, citing sources close to the matter.

Mon, 18 Jan 2021 10:42:39 GMT

Southeast Asia's Grab explores US IPO in 2021

Southeast Asia's food delivery and ride-hailing giant Grab is considering an initial public offering in the United States in 2021, Reuters reported on Monday.

Mon, 18 Jan 2021 08:41:25 GMT

Samsung's Lee gets 30-month in prison

On Monday, Jay Y. Lee, the vice chairman of Samsung Electronics, has been sentenced to 30-month prison term in the bribery trial, sending the company's shares down as much as 3.4% on the news.

Mon, 18 Jan 2021 08:33:14 GMT

Tesla launches Model Y delivery in China

On Monday, Tesla stated it had launched a delivery of its Model Y, the Shanghai-made sports utility vehicle, to the Chinese customers.

Mon, 18 Jan 2021 06:12:24 GMT

Jordan's FM comments on economic growth

On Sunday, Jordan's FM Mohamad Al Ississ said that a rebound in the country's economic growth to an outlook 2.5% this year depends on the idea of extended economic activity without imposing a lockdown.

Mon, 18 Jan 2021 05:30:42 GMT

Italy's PM struggles to build new majority

The Prime Minister of Italy Giuseppe Conte struggled to build majority in the Italian Senate after the former PM Matteo Renzi withdrew his Italia Viva Party from Italy's ruling coalition.

Mon, 18 Jan 2021 03:59:30 GMT

Israel's FM says economy likely to grow in 2021

On Sunday, the Israeli Finance Ministry announced that the country's economy is likely to edge higher by 4.6% in 2021.

Mon, 18 Jan 2021 02:45:07 GMT

Austria extends lockdown

On Sunday, the Austrian government extended the coronavirus lockdown until February, hoping to get new infection rates down to 50 per 100K residents over a seven-day period.

Sun, 17 Jan 2021 20:46:54 GMT

Jordan comments on GDP

On Sunday, the Finance Minister of Jordan Mohammad Al Issis stated that the economy of Jordan could grow 2.5% in 2021.

Sun, 17 Jan 2021 19:52:58 GMT

Iran addresses French claims

The Foreign Minister of Iran Javad Zarif stated on Sunday that the French claims that Iran was building up nuclear weapons were nonsense.

Sun, 17 Jan 2021 19:27:20 GMT

Raab comments on trade deals

On Sunday, the Foreign Minister of the United Kingdom Dominic Raab stated Britain should not offer free trade to countries that are abusers of human rights.

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