News

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Sat, 05 Dec 2020 20:49:43 GMT

FTSE Russell drops Chinese firms

The index provider FTSE Russell announced on Friday that it would delete eight Chinese companies from its products.

Sat, 05 Dec 2020 19:41:02 GMT

Argentinian oilseed crushers continue to strike

On Saturday, the Argentinian CIARA oilseed crushing companies accused strikers of threatening the country's competitiveness, as strikes continued.

Sat, 05 Dec 2020 18:58:09 GMT

UK and EU issue joint statement

The leaders of the United Kingdom and the European Union announced on Saturday that they would make an attempt to create a breakthrough in trade talks.

Sat, 05 Dec 2020 17:58:59 GMT

Ethiopia comments on war

On Saturday, the government of Ethiopia stated that it had neutralized most of rebel commanders and the war in Tigray should soon end.

Sat, 05 Dec 2020 16:51:39 GMT

India fails to negotiate with farmers

On Saturday, the government of India failed to negotiate with farmers to break a deadlock that was caused by reforms.

Sat, 05 Dec 2020 16:26:28 GMT

China comments on US relations

The Chinese ambassador to the United States Cui Tiankai stated that China and the US should proceed in relations with good will.

Sat, 05 Dec 2020 15:28:39 GMT

UK Ministry of Defence comments on steelmaker

On Saturday, the Ministry of Defence of the United Kingdom revealed to Sky News that it is interested in controlling a steelmaking company.

Sat, 05 Dec 2020 14:28:35 GMT

Russia vaccinates against Covid-19

Russian authorities revealed on Saturday that the government had begun to vaccinate against the coronavirus in Moscow.

Sat, 05 Dec 2020 13:29:42 GMT

Boris Johnson speaks with EU chief

On Saturday, the Prime Minister of the United Kingdom Boris Johnson revealed that he would talk with the President of the European Commission to negotiate a trade deal.

Sat, 05 Dec 2020 12:26:38 GMT

Nissan to stop supporting Trump

Nissan Motor Co announced on Saturday that it would join GM and other car producers that had decided to stop supporting the US President in its clash with Californian authorities over vehicle emissions rules.

Sat, 05 Dec 2020 11:24:53 GMT

Credit Suisse Rohner comments on bonuses

Credit Suisse Chairman Urs Rohner stated on Saturday that the ongoing pandemic would certainly be a factor when determening amount of bonuses to receive.

Sat, 05 Dec 2020 10:01:02 GMT

FTSE Russell removes eight Chinese companies

FTSE Russell stated on Friday that it would remove eight Chinese firms whose shares acquisition was forbidden by the US government.

Sat, 05 Dec 2020 09:24:06 GMT

JD.com to accept digital yuan

JD.com Inc stated on Saturday that it would allow its customers to use digital yuan as one of the experimental payment methods.

Sat, 05 Dec 2020 07:48:20 GMT

Moderna aims to produce 500M vaccine doses

Moderna is confident it will produce 500M COVID-19 vaccine doses next year, the company's CEO Stéphane Bancel stated earlier this week.

Sat, 05 Dec 2020 07:31:28 GMT

Ford postpones Bronco SUV roll-out

Ford Motor has decided to postpone its rollout of its Bronco sport-utility vehicle in 2021 from spring to summer due to supply issues caused by the coronavirus pandemic.

Sat, 05 Dec 2020 06:16:09 GMT

US labour market slows recovery

Data releases on Friday revealed that the US labour market had slowed down its recovery due to the rise in COVID-19 cases.

Sat, 05 Dec 2020 06:15:29 GMT

Biden issues statement

On Friday, the President-elect of the Unites States Joe Biden stated that the recent employment data had revealed the urge for additional economic stimulus.

Sat, 05 Dec 2020 03:47:02 GMT

Risk assets surge

On Friday, all classes of risk assets surged, as a coronavirus relief package was expected to be proposed by Joe Biden.

Fri, 04 Dec 2020 22:17:04 GMT

European stocks surge

During Friday's European trading hours, stock indices in Europe surged, as gains in oil stocks affected the rest of the market.

Fri, 04 Dec 2020 21:00:39 GMT

Euro area manufacturing sector expands

The manufacturing sector in the euro zone expanded in November, albeit at a slower pace compared to October, data published by the information provider IHS Markit show.

Fri, 04 Dec 2020 19:59:21 GMT

French economy to contract 4.5% in Q4

The economy of France is expected to contract 4.5% in the fourth quarter of 2020 after a 18.7% rebound in the prior quarter, the national statistics institute INSEE reports.

Fri, 04 Dec 2020 19:21:02 GMT

Brazil economy expands 7.7% in Q3

The Brazilian economy expanded 7.7% in the third quarter of 2020, compared to the previous quarter, data published by the Brazilian government show.

Fri, 04 Dec 2020 18:10:37 GMT

India economy to contract 7.5%

The economy of India is expected to contract 7.5% in the current fiscal year, a report published by the central bank of India shows.

Fri, 04 Dec 2020 17:01:00 GMT

US factory orders rise in October

US factory orders increased 1% in October, after increasing 1.3% in September, a report published by the Commerce Department shows.

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