In a significant development that underscores a relocation of supply chain to North America, preliminary figures published by Mexio’s Economy Minister stated, during the first half of 2020, Foreign direct investment (FDI) in Mexico touched $17.97 billion. Although, the figure… Read More ›
In a statement, Eli Defes, chairman of El Al Israel Airlines stated, he is stepping down with immediate effect due to an undisclosed medical condition. In 2015, Defes had joined El Al’s board and became its chairman in 2017. It… Read More ›
In a significant development, Chinese vaccine specialist CanSino Biologics Inc has been approved by Beijing to produce its COVID-19 vaccine candidate Ad5-nCOV, said a report from the state media citing documents from the China’s intellectual property regulator. This is the… Read More ›
According to British real estate industry data released on Monday, Britons have purchased and sold a record number of homes between mid July and early August with pent up demand from the Wuhan coronavirus and a desire to leave London… Read More ›
The contraction in the second quarter for the Malaysian economy was the sharpest for the country since the Asian financial crisis more than two decades ago. Based on that performance, the central bank of the country sharply downgrading its outlook… Read More ›
Hong Kong slashed its economic outlook for the current year on Friday and warned that a recovery of the economy from a recession will depend on the time that the city will take to bring under control a fresh wave… Read More ›
With the novel coronavirus pandemic accelerating a global shift away from fossil fuels, almost $90bn from the value of their oil and gas assets was written off by the largest listed oil companies of the world in just the last… Read More ›
Despite the threat of deliting for non-compliance to U.S. accounting standards, Chinese mainland companies are rushing to list their shares on U.S. stock exchanges thus increasing the risk of U.S. investors to the Trump Administration’s delisting ban. Despite trade threats… Read More ›
Coronavirus vaccine developer CureVac BV stated, it has raised $213 million through its initial public offering (IPO) in New York setting the stage for the first stock market debut of a company developing a potential cure for the deadly disease…. Read More ›
According to a senior official from the White House, next week Washington is set to unveil a major economic investment program with the Colombian government. The move assumes significance since it underscores Washington’s drive to relocate supply chains that it… Read More ›
manageria.biz 