NYSE pushes through with the delisting plan involving three Chinese telecom giants
Jan 07, 2021 08:47 am UTC| Economy Business
The New York Stock Exchange changed its stance for the second time and announced that it will revert to its initial plan of delisting three Chinese telecom companies. The new decision came out just two days after revealing...
South Korea reveals plan to focus on the country's financial stability in 2021
Jan 07, 2021 08:11 am UTC| Economy
South Koreas Vice Finance Minister, Kim Yong Beom, reveals that the government will work to make sure that the countrys financial stability will be safe and sound after suffering from setbacks due to the COVID-19...
Japanese carmakers suffer 11.5% sales decline in 2020
Jan 07, 2021 04:50 am UTC| Business Economy
Japanese automakers sold 4,598,615 new cars in 2020, slumping by 11.5 percent from a year earlier, to mark the largest decline since 2011. The cars sold includes 1, 718,088 mini-vehicles with engines of up to 660 cc,...
Number of freight trains serving China-Europe route up 50% in 2020
Jan 06, 2021 23:59 pm UTC| Economy Business
The number freight trains running between China and Europe grew by 50 percent to 12,400 last year, according to China State Railway Group Co Ltd. The trains transported 1.14 million standard containers, up 56 percent...
Hyundai Motor to build hydrogen fuel cell plant in China: sources
Jan 06, 2021 23:52 pm UTC| Economy Business
Hyundai Motor Co. is in talks with a Chinese firm to form a joint company for the construction of its first overseas hydrogen fuel cell systems plant in Guangzhou this year as it seeks to enter the Chinese hydrogen...
Nissan India to hire 1,000 plus workforce to accelerate Magnite production
Jan 06, 2021 23:49 pm UTC| Economy Business
Nissan India is hiring over 1,000 people to work on the third shift in its plant to reduce the waiting period for the compact SUV Nissan Magnite to two to three months. The Magnite is termed the most successful product...
Fiat Chrysler to invest $250 million in India for SUV production, assembly
Jan 06, 2021 23:31 pm UTC| Economy Business
Fiat Chrysler Automobiles NV (FCA) will invest $250 million in India to manufacture a mid-size, three-row SUV, assemble the Jeep Wrangler and Jeep Cherokee, and launch a new version of its Jeep Compass SUV. FCAs...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects