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World News

50,000 eur support for musicians

British independent music label The state51 Conspiracy and Mascom company have set up a €50,000 fund called "StayCreative", aiming to help musicians overcome the...

US Abbott Laboratories launches test to detect COVID-19 in 5 minutes

Abbott Laboratories has received emergency use authorization (EUA) from the U.S. Food and Drug Administration (FDA) for the fastest available molecular point-of-care test for...

Exports Still Growing

Dairy exports will be least affected by drought and coronavirus with exports up 6.2% to $19.2 billion in the year to June 30, the...

From Importer to Exporter

India’s active pharmaceutical ingredients (API) industry has come a long way since the 1980s when the pharma industry was heavily reliant on API exports...

Volkswagen to Close Factories In Mexico

Volkswagen will temporarily close its factories in Mexico’s Puebla and Guanajuato states in a bid to preserve public health, amid growing worries over the...

Germany Approves Aid Package for Small Companies

The German government has approved another large aid package to help companies and individuals affected by the coronavirus pandemic. The aid package breaks six years...

Public, Private Companies Rank Among Top 3 Electric Producers

Turkey has come a long way in ensuring power supply security, while increasingly leaning toward renewable energy resources to fulfill demand, according to a...

Testing Coronavirus Vaccine Prototypes on Animals

Russian scientists have begun testing prototypes of potential vaccines against the coronavirus on animals in a laboratory in Siberia, it was said in a...

Seting Record for Highly Hazardous Pesticide Consumption

Brazil is not only the world’s champion in pesticides consumption (more than US$10 billion annually), but also the largest buyer of Highly Hazardous Pesticides...

Lisbon Port Labour Company Notified of Insolvency

On 20 February A-ETPL, Associação - Port Work Company of Lisbon announced that it had been notified of the decision to declare its insolvency...

Tokyo Olympics postponed until 2021

Japanese Prime Minister Shinzo Abe and the International Olympic Committee have agreed that the upcoming Tokyo Games "will be held by the summer of...

Seizure of Angolan Billionaire dos Santos’ Bank Accounts

Portugal’s public prosecutor’s office said last month, it had ordered the seizure of Portuguese bank accounts belonging to Angolan billionaire and former first daughter...

HSBC Bank to Cut 35,000 Jobs Worldwide

HSBC UK has said it will slash 35,000 jobs over three years as part of a major shake-up as it issued a warning over...

Juventus Extends Partnership With Allianz

Football club Juventus extended its sponsorship agreement with Allianz mid last month in a deal worth more than €100 million to the Serie A...

End of Iconic Car Brand in New Zealand

The Holden car brand will disappear at the end of the year after its owner General Motors announced it will no longer make right-hand...

Mexican conglomerate Alfa Expects Sales of $17 Billion

Mexican conglomerate Alfa announced that it expects 2020 sales of $17.02 billion, down from $17.54 billion last year. It said it will make investments...

Rail Division of Bombardier to Be Sold to Alstom

French company Alstom announced last month it had agreed to buy the rail division of Bombardier, speeding up the Canadian firm’s fire sale. Alstom...

Turkcell Inks Deal to Use Huawei’s Mobile App

Turkish telecommunication firm Turkcell has signed a deal with Chinese giant Huawei to use its mobile app infrastructure, becoming the first provider outside China...