The oil price is holding steady close to US$45 a barrel, but prices further forward and in the physical market are showing new signs of weakness mainly due to a fall in demand from China after the country's buying binge earlier in the year.
FRANKFURT AM MAIN: Germany on Monday (Aug 24) announced details of its first "green" bond placing, tapping financial markets to fund environmental projects for the first time. The finance ministry said it would raise up to 11 billion euros ($13 billion) in 2020 to support climate-related projects ...
China will step up technology innovation to drive high-quality growth through mobilising national resources and bringing in world class research teams, President Xi Jinping said on Monday, according to the state TV.
Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the U.S.-China trade war and coronavirus pandemic prompt firms to reexamine global supply chains.
U.S. stock index futures rose on Monday as the country's top drug regulator's approval for emergency use of antibody-rich blood plasma on COVID-19 patients lifted treatment hopes and spurred bets of a quicker economic recovery.
Britain's largest supermarket Tesco on Monday said it will create 16,000 new permanent jobs to support the exceptional growth in its online business and may even increase the number of roles as the coronavirus lockdown boosted its sales.
Delta Air Lines has doubled its staffing to handle revamped pre-flight "pit stops" for deeper cleaning and wants to ensure that tray tables and restroom door handles are germ-free with a new testing process, an executive told Reuters.
REUTERS: Motiv Power Systems, which provides chassis and software systems for medium-duty trucks and buses, said on Monday it had secured US$15 million in additional funding from GMAG Holdings Corp to fund technology and scaling up its manufacturing operations. The latest funding follows a US$60 ...
Barclays' investment bank division appointed J.P. Morgan's Manuel Esteve as the head of its equity capital markets in Continental Europe, it said on Monday.
Vietnamese technology firm VNG is suing TikTok, the popular short-form video app, saying it does not have adequate licences for the songs being used in its videos, sources said on Monday.
