News

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Sun, 26 Jul 2020 19:49:27 GMT

South Africa prolongs coronavirus loans for SME

South Africa has extended the COVID-19 loans for struggling small and medium-sized enterprises, the treasury said in a statement on Sunday.

Sun, 26 Jul 2020 19:00:52 GMT

UK defends Spain's quarantine decision

On Sunday, Dominic Raab, the British Foreign Minister, defended the UK government decision to impose a 14-day quarantine on those people travelling from Spain to Britain.

Sun, 26 Jul 2020 18:00:13 GMT

China's imports of soybean from Brazil hit record

China's imports of soybean from Brazil surged to a record level in June, data from the General Administration of Customs showed on Sunday.

Sun, 26 Jul 2020 17:01:48 GMT

China's oil imports from Saudi surge by 15%

According to data from the General Administration of Customs published on Sunday, China's oil imports from Saudi Arabia surged to 8.88 million tonnes in June.

Sun, 26 Jul 2020 16:01:10 GMT

WH supports extending unemployment benefits

Steven Mnuchin, the US Treasury Secretary, announced on Saturday that the White House backs a partial extension of jobless benefits until the end of the year.

Sun, 26 Jul 2020 15:00:26 GMT

Boeing plans to delay all-new 777X jet

According to sources with knowledge of the matter, Boeing Co is planning to delay its 777X jet production.

Sun, 26 Jul 2020 14:02:14 GMT

HSBC denies China's media reports

On Saturday, HSBC announced that it did not participate in the decision of the US Justice Department to investigate Huawei Technologies and the arrest of the CFO Meng Wanzhou.

Sun, 26 Jul 2020 13:00:07 GMT

Indian court summons Alibaba, Jack Ma

According to court documents, Sonia Sheokand, the Civil Judge of a district court in Gurugram India, has summoned Jack Ma, the founder of the Chinese e-commerce giant Alibaba.

Sun, 26 Jul 2020 12:00:19 GMT

China's imports of copper from US hit record in June

According to the Chinese General Administration of Customs data, China imported 30,734 tonnes of the US copper concentrate in June, the highest since September 2018.

Sun, 26 Jul 2020 11:00:54 GMT

Beijing braces for turbulence ride with US

China is preparing for a rocky ride with the United States, as bilateral relations in decline ahead of the US November election.

Sun, 26 Jul 2020 10:00:17 GMT

Somalia's Parliament removes Prime Minister

On Saturday, Somalia's Parliament voted 170-8 in a no confidence vote to remove the country's Prime Minister Hassan Ali Khaire.

Sun, 26 Jul 2020 09:11:21 GMT

Brazilian President tests negative for COVID-19

Brazil's President Jair Bolsonaro announced on Saturday that his new test for the novel coronavirus came back negative.

Sun, 26 Jul 2020 08:01:45 GMT

Germany plans compulsory COVID-19 testing for travellers

On Saturday, the German Health Minister Jens Spahn told Deutschlandfunk radio that the government is planning to introduce compulsory COVID-19 testing for travellers, returning from high-risk nations.

Sun, 26 Jul 2020 07:04:49 GMT

Malaysia says APEC summit likely to go ahead

Malaysia's Minister of International Trade and Industry Azmin Ali announced on Saturday that the Malaysian government has not cancelled the APEC summit that it is scheduled in November.

Sun, 26 Jul 2020 05:56:44 GMT

Poland to withdraw from European treaty

Poland will begin the process of withdrawing from the European treaty, known as the Istanbul Convention, the Polish Justice Minister Zbigniew Ziobro announced on Saturday.

Sun, 26 Jul 2020 05:29:04 GMT

Ford to extend most of $5.35B loans

Ford Motor obtained commitments from enough banks to lengthen the maturity of 90% of revolving loans totalling $5.35B for a one-year period.

Sun, 26 Jul 2020 04:28:50 GMT

Li Auto set to raise $950M

Li Autio, the Chinese electric car maker, backed by food delivery major Meituan Dianping, launched an IPO of up to $950M, in one of the biggest US listings by Chinese firms this year.

Sun, 26 Jul 2020 03:41:59 GMT

IAG considers €2.8B share issue

British Airways owner IAG announced its intention for a potential rights issue of nearly €2.75B to strengthen its balance sheet.

Sat, 25 Jul 2020 21:08:42 GMT

Iberdrola to build green hydrogen plant

Spanish utility Iberdrola announced that it is set to start construction of the biggest green hydrogen factory for industrial usage in the EU.

Sat, 25 Jul 2020 19:40:40 GMT

States sue Trump over illegal immigrants

It was reported on Saturday by Reuters that a coalition of states had sued Donald Trump over his order not to count illegal immigrants when apportioning US House seats.

Sat, 25 Jul 2020 19:26:32 GMT

Protests continue in Russia

On Saturday, protests in the Russian town of Khabarovsk continued into a third week, as thousands took to the streets.

Sat, 25 Jul 2020 17:46:03 GMT

Japan and Britain protect encryption

Nikkei revealed on Friday that Japan and Britain would include in their trade deal the defence of private encryption keys.

Sat, 25 Jul 2020 17:21:19 GMT

Coronavirus causes sell off

During Friday's trading session a global stock sell off was caused by countries reporting record coronavirus case growth.

Sat, 25 Jul 2020 15:49:08 GMT

Centrica sells North American business

On Friday, Centrica stated that the company would sell its daughter company Direct Energy for a sum of $3.63 billion to NRG Energy.

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