Euro zone industrial production rose in May, official estimates showed on Tuesday, but the recovery from lockdown-induced record declines March and April was lower than expected and far from offsetting past drops.
Alphabet Inc's Google is in advanced talks to invest US$4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter.
SINGAPORE: Singapore's grim gross domestic product (GDP) for the April to June period could see a slight upward revision when fuller data for the quarter is available, taking into account the resumption of some economic activities with the lifting of the “circuit breaker” in June, economists said ...
Euro zone banks maintained relatively easy access to credit for firms in the second quarter with the backing of government guarantees, but they will likely tighten credit standards in the following three months, the European Central Bank said on Tuesday.
European stocks opened lower on Tuesday, hit by a drop overnight on Wall Street following a flare-up in U.S.-China tensions and new coronavirus restrictions.
China's economy likely returned to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers announced more stimulus to combat the shock from the coronavirus crisis, according to a Reuters poll.
Britain said on Tuesday that the context on Chinese telecoms equipment maker Huawei's involvement in Britain's 5G network had changed due to the sanctions imposed by the United States on chip technology.
Hyundai Motor Group leader Euisun Chung said on Tuesday flagship Hyundai Motor and sister company Kia Motors aim to sell 1 million electric vehicles (EVs) in 2025, together targeting over 10per cent of global market share of EVs.
Britain's economy took a first step on the long road to recovery from the COVID-19 crisis in May, as activity began to pick up after lockdown restrictions began to ease.
PARIS: France on Monday (Jul 13) started restricting Chinese airlines to one passenger flight per week, saying it was acting in response to curbs imposed by Beijing on French carriers. "From Jul 13, Chinese companies will only be authorised to make one weekly trip," the French embassy in Beijing ......
