News

Note: This section contains information in English only.
Tue, 17 Nov 2020 05:50:37 GMT

Senators abandons Trump's pick

On Monday, a third Senator of the United States announced that he opposes Judy Shelton's candidature for the post of the chairwoman of the US Federal Reserve.

Tue, 17 Nov 2020 05:30:44 GMT

Volkswagen announces new feature

Volkswagen announces on Monday that the company would roll out a new payments system for charging electric vehicles.

Tue, 17 Nov 2020 03:53:19 GMT

Oil prices surge

On Monday, crude oil price benchmarks surged by mora than two percent, as another effective coronavirus vaccine was announced.

Mon, 16 Nov 2020 21:45:40 GMT

Dollar ignores vaccine news

During Monday's trading hours, the US Dollar's value remained firm despite news of a more effective coronavirus vaccine.

Mon, 16 Nov 2020 20:57:32 GMT

Nissan considers selling stake in Mitsubishi

Nissan Motor considered selling a 34% stake in Mitsubishi Motor, Bloomberg reported, a move which would reshape an alliance that includes France's Renault.

Mon, 16 Nov 2020 19:44:09 GMT

Germany to expand EV subsidies to 2025

Germany is set to extend its environmental subsidy for electric vehicles until 2025, government and auto industry sources said.

Mon, 16 Nov 2020 19:34:41 GMT

Home Depot to regain control over HD Supply

Home Depot stated that it is set to acquire HD Supply in an $8B valued deal, regaining control over the company after restructuring years ago.

Mon, 16 Nov 2020 17:58:17 GMT

Nigeria CPI rises 14.23%

The Nigerian consumer price index increased by 14.23% in October, compared to the same period the prior year, the National Bureau of Statistics reports.

Mon, 16 Nov 2020 17:16:10 GMT

Thai economy contracts 6.4% in Q3

The economy of Thailand contracted 6.4% in the third quarter of 2020, compared to the same period the prior year, data published by the National Economic and Social Development Council show.

Mon, 16 Nov 2020 16:30:22 GMT

Israeli GDP expands 37.9% in Q3

The economy of Israel expanded 37.9% in the third quarter of the current year, compared to the previous quarter, the Central Bureau of Statistics reports.

Mon, 16 Nov 2020 14:52:46 GMT

China's Didi, BYD launch customised vehicle model

On Monday, China's Didi Chuxing together with the EV maker BYD launched their customised D1 van model deemed for ride-hailing services, Didi's CEO Will Cheng announced.

Mon, 16 Nov 2020 13:45:33 GMT

Jay Clayton to leave US SEC

Jay Clayton, the Chairman for the US Securities and Exchange Commission, will resign from his position by the 2020-year-end, according to the New York Times report published on Monday.

Mon, 16 Nov 2020 12:56:50 GMT

Moderna's anti-COVID-19 vaccine is 94.5% effective

Moderna announced on Monday its experimental anti-coronavirus vaccine is 94.5% effective, according to a late-stage trial's interim data, with the company's shares rising 9.1% in premarket trading on the news.

Mon, 16 Nov 2020 12:22:18 GMT

VW plans €1.0B investment into plant

Volkswagen has announced an investment worth €1.0B into its Slovak factory, including €500M to manufacture the next-generation Skoda Superb and VW Passay models.

Mon, 16 Nov 2020 10:43:43 GMT

Stock prices surge

During Monday's Asian and European trading hours, global stock prices surged, as China published better than expected economic recovery data.

Mon, 16 Nov 2020 09:53:50 GMT

Aramco picks banks for multi-tranche bond deal

On Monday, Saudi Aramco announced it had hired banks for its planned multi-tranche US dollar-denominated bond issuance amid the oil giant's intention to attract cash due to lower oil prices.

Mon, 16 Nov 2020 08:40:51 GMT

PNC to acquire BBVA's US business

On Monday, PNC Financial Services Group stated it would acquire the US banking arm of Spain's lender BBVA in a cash-deal valued at $11.6B, further consolidating the banking sector in the United States.

Mon, 16 Nov 2020 07:44:05 GMT

Walmart plans majority stake sale in Seiyu

Walmart is selling the majority stake it owns in Seiyu, the Japanese supermarket chain, in a deal worth over $1B to investment company KKR and the e-commerce firm Rakuten.

Mon, 16 Nov 2020 06:01:51 GMT

Thailand's GDP declines by 6.4% in Q3

According to data released on Monday by the National Economic and Social Development Council, Thailand's GDP declined by 6.4% in the third quarter.

Mon, 16 Nov 2020 05:00:43 GMT

Pharmaceutical industry offers Canada C$1B

According to industry records seen by Reuters, Innovative Medicines Canada, the industry's lobby group in Canada, has offered the Canadian government C$1B to drop some pending pricing regulations.

Mon, 16 Nov 2020 04:01:26 GMT

Biden's CoS asks Congress to pass COVID-19 bill

On Sunday, Ron Klain, the chief of staff to the US President-elect Joe Biden, urged the US Congress to pass new COVID-19 relief package.

Mon, 16 Nov 2020 02:35:09 GMT

Peru's interim leader resigns

On Sunday, Manuel Merino, the Peruvian interim President, has resigned after a night of demonstrations that left two people dead and dozens injured.

Sun, 15 Nov 2020 21:28:47 GMT

Germany might fall into recession

According to the Macroeconomic Policy Institute, the risk of Germany of falling into recession this winter had slightly increased, though remains quite low.

Sun, 15 Nov 2020 20:34:25 GMT

Biden advisers urge to act immediately

Top advisers of the US President-elect Joe Biden urged him on Sunday to take measures to contain the spread of coronavirus.

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