News

Note: This section contains information in English only.
Tue, 15 Sep 2020 16:51:20 GMT

Delta Airlines to avoid involuntary furloughs

Ed Bastian, the Chief Executive Officer of Delta Airlines, said on Tuesday that the company would avoid involuntary job cuts for frontline workers.

Tue, 15 Sep 2020 15:54:44 GMT

Crude oil prices jump on Tuesday

Crude oil prices edged higher on Tuesday, Brent crude futures were up by 1%, at $40.02 a barrel at 13:41 GMT, while the US WTI crude futures were up by 1.3%, at $37.73 per barrel.

Tue, 15 Sep 2020 15:00:36 GMT

Tesla shares edge higher

Tesla Inc's shares were up by 4.4% at $437.89 in early trading on Tuesday, boosted by anticipation of the company's Battery Day next week.

Tue, 15 Sep 2020 13:57:10 GMT

ECB is not happy with results

On Tuesday, the ECB Member of the Board Fabio Panetta stated that the ECB was not fully satisfied with its stimulus measures.

Tue, 15 Sep 2020 12:47:20 GMT

IEA comments on oil demand

The International Energy Agency announced on 2020 that it would decrease its 2020 forecast for oil demand.

Tue, 15 Sep 2020 11:41:40 GMT

Apple reveals new lineup

On Tuesday, Apple Inc was set to reveal new updates to the company's key products in an online event at 17:00 GMT.

Tue, 15 Sep 2020 10:41:42 GMT

H&M recovers after slump

The world's second largest fashion retail company H&M on Tuesday beat its quarterly profit forecast, which caused a surge of the company's stock.

Tue, 15 Sep 2020 09:43:05 GMT

UK jobless rate rises

Data released on Tuesday revealed that the UK jobless rate had risen from 3.9% to 4.1% from April to July.

Tue, 15 Sep 2020 08:41:46 GMT

Japan approves $15.51B emergency budget reserves

Japan's government approved $15.51 billion budget reserve spending for COVID-19 measures, the Japanese Finance Ministry announced on Tuesday.

Tue, 15 Sep 2020 08:00:14 GMT

China's industrial output growth accelerates

On Tuesday, data from the Chinese National Bureau of Statistics showed that China's industrial output growth rose to 5.6% in August from a year earlier.

Tue, 15 Sep 2020 07:00:13 GMT

China's real estate investment hits 16-month high

According to data from the National Bureau of Statistics on Tuesday, China's property investment in August rose by 11.8% from a year earlier.

Tue, 15 Sep 2020 06:03:55 GMT

China's foreign trade, investment perform better

According to the spokesperson for the Chinese National Bureau of Statistics, China's foreign investment and trade have been performing better than expected.

Tue, 15 Sep 2020 05:30:34 GMT

US blocks Chinese imports

On Monday, the US government announced that it would block cotton, apparel and other product imports from China.

Tue, 15 Sep 2020 04:30:51 GMT

Trump comments on wildfires

The President of the United States Donald Trump stated on Monday that forest management should be improved in an effort to stop wildfires.

Tue, 15 Sep 2020 03:31:17 GMT

TikTok picks Oracle as partner

The owner of TikTok ByteDance revealed on Monday that it would partner up with Oracle to keep the app running in the US.

Mon, 14 Sep 2020 20:47:53 GMT

GM CEO comments on economy

On Monday, the CEO of General Motors Mary Barra stated that global vehicle demand has been recovering together with the economy.

Mon, 14 Sep 2020 19:43:48 GMT

Gilead acquires Immunomedics

Gilead Sciences announced on Monday that the company would acquire Immunomedics for $21 billion.

Mon, 14 Sep 2020 18:42:01 GMT

Belarus borrows $1.5 billion

On Monday, the Russian Federation President Vladimir Putin revealed that Russia had loaned the Belarusian government $1.5 billion.

Mon, 14 Sep 2020 17:41:30 GMT

Delta seeks raising $6.5B via loyalty programme

Delta Air Lines is planning to attract $6.5B via new bonds and loans supported by the carrier's SkyMiles loyalty programme, aiming to boost its liquidity as travel demand was hurt due to the coronavirus crisis.

Mon, 14 Sep 2020 17:00:40 GMT

Amazon plans recruiting 100K more workers

On Monday, Amazon.com announced about its plans to hire 100K more workers in the US in its latest job spree this year amid growing e-commerce demand due to the pandemic.

Mon, 14 Sep 2020 15:50:14 GMT

Airbus explores compulsory layoffs

Airbus CEO Guillaume Faury has warned of compulsory layoffs on Monday as airline crisis triggered by the coronavirus pandemic deepens.

Mon, 14 Sep 2020 15:30:25 GMT

Nvidia to acquire Arm in $40B deal

Nvidia Corp is set to acquire Arm, the British chip designer, from SoftBank Group in a deal worth $40B, both companies announced on Monday, triggering a reshape of the global semiconductor landscape.

Mon, 14 Sep 2020 13:44:26 GMT

Alibaba invests in Grab

Bloomberg News revealed on Monday that Alibaba Group would invest $3 billion in the ride hailing firm Grab.

Mon, 14 Sep 2020 13:33:38 GMT

Arm founder comments on sale of company

On Monday, Arm co-founder Herman Hauser stated that the sale of the company to Nvidia would be a disaster to the UK and Europe.

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