China’s Xpeng to build new plant

Source-
News
On Monday, Xpeng, the Chinese electric vehicle maker, announced its plans to construct new car factory in Guangzhou with $590M from the local government financing. >>

Share It

China Evergrande’s shares jump over 10%

Source-
News
China Evergrande’s shares surged over 10% after the company announced that it was making progress to reduce debt. >>

Share It

Crude oil prices decline

Source-
News
Crude oil prices edged lower on Monday, Brent crude futures were down by 0.20%, to $41.84 per barrel at 00:03 GMT, while the US WTI crude fell by 0.30%, to >>

Share It

Erdogan criticizes Armenia

Source-
News
On Sunday, the Turkish President Tayyip Erdogan criticized Armenia after clashes between Azeri forces and Armenian and promised that Turkey’s solidarity with Azerbaijan would increasingly continue. >>

Share It

Indonesia reverses plans to cut severance pay

Source-
News
Indonesia has scrapped plans to cut maximum severance payments in a new bill, Indonesia’s parliament legislative committee announced on Sunday. >>

Share It

Qatar Airways receives subsidies

Source-
News
The state owned airline Qatar Airways revealed on Sunday that it had received a $1.95 billion lifeline from the Qatar government. >>

Share It

Qatar Airways reports losses

Source-
News
On Sunday, Qatar Airways announced a loss of $1.92 billion for the year ending March 31. >>

Share It

Kioxia scraps IPO

Source-
News
The Japanese chipmaker Kioxia Holdings announced on Sunday that it would cancel its plans for an initial public offering. >>

Share It

Chinese industry grows

Source-
News
On Sunday, data published by Chinese statisticians revealed that profits from industrial sector had continued to grow in August. >>

Share It

US tightens exports to China

Source-
News
The government of the United States announced on Sunday that it would impose restrictions on all exports to Chinese chip maker SMIC. >>

Share It

Tyler Tech reports hack

Source-
News
On Sunday, the software firm Tyler Technologies issued a warning that the company had been blackmailed with ransomware. >>

Share It

Tyler Tech reports hack

Source-
News
On Sunday, the software firm Tyler Technologies issued a warning that the company had been blackmailed with ransomware. >>

Share It

Nikola bought designs from third party

Source-
News
On Saturday, Financial Times revealed that the founder of Nikola Corporation acquired the company’s original design from a Croatian designer. >>

Share It

Devon negotiates with WPX

Source-
News
Reuters revealed on Sunday that the US oil producer Devon is negotiating an acquisition deal with WPX Energy. >>

Share It

Bank of England evaluates negative rates

Source-
News
Member of the Board of the Bank of England Silvana Tenreyro stated on Saturday that the central bank has been evaluating the implementation of negative interest rates. >>

Share It

Commerzbank assigns new CEO

Source-
News
On Sunday, Commerzbank announced that it had hired Manfred Knof from Deutsche Bank to the position of CEO. >>

Share It

Trump proposes new Supreme Court judge

Source-
News
The US President Donald Trump on Saturday named Amy Coney Barrett as his candidate for the new Supreme Court judge position. >>

Share It

Japan’s Kioxia to postpone IPO

Source-
News
One of the world largest chipmakers, Japanese Kioxia Holdings Corp, stated on Sunday that it would abandon its IPO plans amid deterioating tensions between China and the US. >>

Share It
Share It