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Iris Barker


WHO names conditions for safe opening of countries after COVID-19 pandemic

Countries that intend to resume the functioning of the economy and intensify activities in various areas must comply with a number of security recommendations, Head of the World Health Organizationโ€ฆ
Published on August 31, 2020
By Iris Barker

China buys record batch of US oil

China is preparing to purchase a record-breaking batch of American oil.
Published on August 30, 2020
By Iris Barker

Taiwanese MediaTek files a request for a license in the USA

Taiwan-based MediaTek has applied for a special license in the US to be able to continue selling chips to the Chinese tech company Huawei after US sanctions were extended againstโ€ฆ
Published on August 30, 2020
By Iris Barker

Net profit of HP Inc decreases by 21% for 9 months of 2019-20 fiscal year

Net profit of the American IT company HP Inc for the nine months of the 2019-2020 fiscal year, which ended on July 31, amounted to $ 2.176 billion, which isโ€ฆ
Published on August 28, 2020
By Iris Barker

Huawei starts buying chips around the world due to sanctions

Chinese hardware and electronics manufacturer Huawei has begun to actively fill its warehouses with chips from various suppliers. It is noted that the stock is being created in anticipation ofโ€ฆ
Published on August 28, 2020
By Iris Barker

Profit of large Chinese industrial enterprises decreases by 8.1% in January-July 2020

Profits for large industrial enterprises in China for the first seven months of 2020 were 3.1 trillion yuan (about $ 450.26 billion), down 8.1% from the same period in 2019,โ€ฆ
Published on August 27, 2020
By Iris Barker

Elon Musk’s wealth exceeds $100B

The capital of the founder of Tesla and SpaceX, Elon Musk, has grown more than 3.5 times since the beginning of this year and for the first time exceeded $100โ€ฆ
Published on August 27, 2020
By Iris Barker

Apple to open a floating store in Singapore

The American company Apple is close to opening an Apple Store, which will float on water, CNBC reported.
Published on August 26, 2020
By Iris Barker

Alibaba’s fintech division files IPO application on Hong Kong and Shanghai exchanges

Fintech company Ant Group, a division of Chinese internet company Alibaba, has applied for a simultaneous initial public offering (IPO) on the Hong Kong and Shanghai exchanges, according to documentsโ€ฆ
Published on August 26, 2020
By Iris Barker

Oil production in the Gulf of Mexico stopped by 82.4% due to storms

Storms Marco and Laura raging in the Gulf of Mexico have halted 82.4% of the region's oil production, the US Bureau of Safety and Environmental Control (BSEE) reported.
Published on August 25, 2020
By Iris Barker

Nintendo may release new version of Switch in 2021

Japanese company Nintendo plans to release a new, more powerful model of its Switch console in 2021, Bloomberg reports, citing sources. Together with the announcement of the new console, theโ€ฆ
Published on August 25, 2020
By Iris Barker

Trump allows possibility of complete break in economic cooperation with China

US President Donald Trump said that he does not rule out a complete cessation of economic cooperation with China under certain conditions.
Published on August 24, 2020
By Iris Barker

Iraq sets to produce 7 million barrels of oil per day by 2025

Iraq will be able to increase oil production to 7 million barrels a day by 2025, the country's oil minister Ihsan Abdul Jabbar said on Sunday.
Published on August 24, 2020
By Iris Barker

S&P 500 hits record high with tech stocks rally

The S&P 500 hit new highs on Tuesday with a rally in tech stocks, while the rest of the US stock market was subdued.
Published on August 19, 2020
By Iris Barker

Biden officially confirmed as Presidential Candidate from Democrats

Former Vice President of the United States Joseph Biden has been officially confirmed as the country's Democratic presidential candidate.
Published on August 19, 2020
By Iris Barker

Citigroup mistakenly paid Revlon’s creditors about $ 900M

American bank Citigroup Inc mistakenly paid about $ 900 million to creditors of Revlon Inc and is now asking them to return the money, writes The Wall Street Journal, citingโ€ฆ
Published on August 18, 2020
By Iris Barker

Marks & Spencer to lay off 7,000 employees in three months

British retailer Marks & Spencer has announced that it will cut 7,000 jobs in the next three months due to a slowdown in sales amid the pandemic and cost-cutting programs.
Published on August 18, 2020
By Iris Barker

India to invest $ 1.46 trillion in economic recovery after pandemic

Indian Prime Minister Narendra Modi said the country has succeeded in containing the coronavirus pandemic and announced $ 1.46 trillion in infrastructure projects to support the economy, the Associated Pressโ€ฆ
Published on August 17, 2020
By Iris Barker

Japanese economy experiences unprecedented downturn amid COVID-19

The Japanese economy has suffered an unprecedented recession under the influence of measures against the spread of COVID-19, according to preliminary data from the Japanese government released on Monday.
Published on August 17, 2020
By Iris Barker

US bond yields hit the highest value in a month

Many investors chose to get rid of long-term US government bonds, which is why their yield reached its maximum values in more than a month.
Published on August 14, 2020
By Iris Barker

Palestinians recall its ambassador from United Arab Emirates

The Palestinian ambassador to the UAE has been recalled following the announcement of plans to normalize relations between Tel Aviv and Abu Dhabi. Palestinians talk about betrayal.
Published on August 14, 2020
By Iris Barker

France to increase military presence in the eastern Mediterranean

French President Emmanuel Macron announced on Wednesday evening his decision to increase the French military presence in the eastern Mediterranean over tensions between Greece and Turkey.
Published on August 13, 2020
By Iris Barker

German RWE’s net profit grows by 22% in the first half of 2020

In the first half of 2020, German energy company RWE AG increased its net profit attributable to shareholders by 21.7% in annual terms - to โ‚ฌ1.01 billion, according to theโ€ฆ
Published on August 13, 2020
By Iris Barker

Airbnb to apply for IPO in August

Airbnb, an online short-term rental service, could apply to the Securities Commission (SEC) for an IPO by the end of the year within three weeks, according to The Wall Streetโ€ฆ
Published on August 12, 2020
By Iris Barker

S&P removes Ford and GM from ratings for revision

The international rating agency S&P Global Ratings (S&P) has removed the ratings of Ford Motor and General Motors from the list for revision by confirming them at the current levels,โ€ฆ
Published on August 12, 2020
By Iris Barker

IPOs in US biotech hit record high

US-listed biotechnology companies have had total IPOs of $ 9.4 billion since the beginning of this year, already surpassing the record $ 6.5 billion of 2018, according to Dealogic data.
Published on August 11, 2020
By Iris Barker

WSJ: Cosmetics manufacturers are trying to weaken ties with retailers

In the face of the pandemic, cosmetics manufacturers are trying to reduce dependence on retailers, who were forced to close stores, and look for new ways to sell their products,โ€ฆ
Published on August 11, 2020
By Iris Barker

UK Evening Standard to downsize a third of jobs

Publisher of the free newspaper Evening Standard will cut a third of its personnel - 115 jobs - due to falling advertising revenues, writes the Guardian.
Published on August 10, 2020
By Iris Barker

Canada to impose 10% duties on US products containing aluminum

Canada intends to impose duties on imports of a wide range of American products containing aluminum - from washing machines and golf clubs to aluminum cans - in response toโ€ฆ
Published on August 10, 2020
By Iris Barker

IMF is exploring options to support Lebanon after explosion

The International Monetary Fund (IMF) is exploring all possible options for supporting Lebanon after the explosion, the head of the organization, Kristalina Georgieva, said on Thursday.
Published on August 7, 2020
By Iris Barker

Tencent to create $10B worth gaming platform

Chinese company Tencent Holdings Ltd. is in talks to merge two Chinese streaming gaming platforms - Huya Inc. and DouYu International Holdings Ltd. with the aim of creating a unifiedโ€ฆ
Published on August 5, 2020
By Iris Barker

Honda Motor’s net loss in Q1 amounts to $763M

The net loss of the Japanese concern Honda Motor attributable to the company's shareholders in the first quarter of the 2020-2021 fiscal year ended June 30 was 80.871 billion yenโ€ฆ
Published on August 5, 2020
By Iris Barker

Booking.com to lay off 25% of its employees

The American company Booking Holdings, which owns the online hotel booking service Booking.com, has announced its intention to cut 25% of its employees amid a sharp drop in tourist travelโ€ฆ
Published on August 5, 2020
By Iris Barker

Technology companies report skyrocketing revenues for the “quarantine” quarter

Google, Amazon, Facebook and Apple have kicked off their second quarter corporate reporting season, which saw the most stringent restrictive measures due to the COVID-19 pandemic. The restriction measures haveโ€ฆ
Published on August 4, 2020
By Iris Barker

Iran conceals real statistics on coronavirus: BBC

Iranian leaders have concealed the real statistics on infections and deaths of those infected with the novel coronavirus; the real figures are two to three times higher, the BBC Persianโ€ฆ
Published on August 3, 2020
By Iris Barker

Chinese Xiao-i demands $ 1.4 billion from Apple for patent infringement

Chinese Shanghai Zhizhen Network Technology Co., which owns a patent for a voice assistant in China, has filed a lawsuit against Apple Inc., demanding damages from the American company inโ€ฆ
Published on August 3, 2020
By Iris Barker

British Minister to visit US to discuss free trade agreement

British Foreign Trade Secretary Liz Truss will visit Washington next week to discuss a free trade agreement in the third round of negotiations, the Financial Times reported, citing informed sources.
Published on August 3, 2020
By Iris Barker

Siemens Healthineers to buy Varian for $16.4B

Siemens Healthineers (SH) has agreed to purchase all shares of the American pharmaceutical company Varian Medical Systems.
Published on August 3, 2020
By Iris Barker

Investors rate TikTok as 50% more expensive than Snap

Investors in parent company TikTok valued the app at $ 50 billion, nearly 50% more than Snap, which owns the Snapchat messenger.
Published on July 31, 2020
By Iris Barker

NASA sends the largest rover to Mars

The Atlas V launch vehicle has successfully been launched in the United States. The vehicle will deliver the world's largest Mars rover Perseverance to Mars. The rover will look forโ€ฆ
Published on July 31, 2020
By Iris Barker

Bloomberg: Google is negotiating promotion of its products on Samsung gadgets

Google's parent company, Alphabet Inc., and South Korean electronics manufacturer Samsung are discussing promotion of Google products on Samsung devices, Bloomberg reported.
Published on July 30, 2020
By Iris Barker

Turkey’s parliament approves controversial social media regulation bill

The draft law obliges foreign social networks in Turkey to remove materials within 48 hours at the request of the authorities. Human rights activists are outraged by President Erdogan's responseโ€ฆ
Published on July 29, 2020
By Iris Barker

US Moderna estimates anti-COVID 19 vaccinations at $ 50-60

Biotech company Moderna wants to sell a dose of the coronavirus vaccine for between $ 25 and $ 30, sources close to the company's talks with potential buyers told theโ€ฆ
Published on July 29, 2020
By Iris Barker

Google allows employees to work from home until summer 2021

American corporation Google has decided to allow employees to continue working remotely, if they wish, at least until July 2021, CNN reports.
Published on July 28, 2020
By Iris Barker

Indian Reliance bypasses ExxonMobil to become the world’s second energy company

Indian Reliance Industries Ltd bypassed American ExxonMobil Corp. and ranked second in the list of the largest energy companies in the world by market capitalization. Saudi Aramco remained in firstโ€ฆ
Published on July 28, 2020
By Iris Barker

Hacker attack named as reason for Garmin services failure

Services of the well-known manufacturer of smart watches and electronic devices for sports Garmin have not been working since July 23, writes the BBC.
Published on July 27, 2020
By Iris Barker

Mitsubishi Motors posts $1.65B net loss in Q1 2020-21

In the first quarter of the 2020-2021 fiscal year ended June 30, the Japanese carmaker Mitsubishi Motors received a net loss attributable to the company's shareholders in the amount ofโ€ฆ
Published on July 27, 2020
By Iris Barker

SpaceX is in talks to raise $1 billion through stock sale – Bloomberg

US aerospace corporation SpaceX, owned by billionaire Elon Musk, is in talks to raise funds by selling its shares worth about $ 1 billion, Bloomberg reported, citing sources familiar withโ€ฆ
Published on July 24, 2020
By Iris Barker

Intel’s net profit grows by 32% in the first half of 2020

Net profit of the American company Intel, one of the world's largest manufacturers of computer components, in the first half of this year grew by 32% in annual terms andโ€ฆ
Published on July 24, 2020
By Iris Barker

Airlines ask EU and US to introduce common COVID-19 testing programs

Several airlines have asked the European Union and the United States to introduce unified testing programs for the coronavirus infection COVID-19.
Published on July 23, 2020
By Iris Barker
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