Archive List
China State Shipbuilding Bags $2.8 Billion Contract To Build Ships For Qatar Petroleum
Staff Reporter | | Apr 23, 2020 05:03 PM EDT |
China State Shipbuilding Corporation (CSSC) has just signed a major deal worth an estimated 20 billion yuan or around $2.8 billion with a Middle Eastern oil producer.
WHO Maintains The Coronavirus Origin No Lab Manipulation, Silence On Accidental Leak
Staff Reporter | | Apr 23, 2020 04:59 PM EDT |
The World Health Organization, through its spokeswoman Fadela Chaib, maintained that the novel coronavirus came from animals in China as suggested by all data it reviewed regarding the matter.
Global Tourism Industry Might Decrease By Over 50% Caused By The Pandemic
Staff Reporter | | Apr 21, 2020 06:57 PM EDT |
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights.
Economic Crisis Caused By Coronavirus Pandemic May Strike Trump’s Re-election Prospects
Staff Reporter | | Apr 21, 2020 06:53 PM EDT |
The US currently has the highest number of coronavirus cases in the world and the highest number of deaths.
China Mobile Improves 5G Network, Doubles Sub By Millions
Staff Reporter | | Apr 21, 2020 06:50 PM EDT |
China Mobile significantly improved its user base, adding next-generation subs after it announced flat earnings for the first quarter of the year. Handset sales and ARPU of the company continue to drop because of the pandemic to the Chinese economy.
US Treasury To Release $2.9 Billion To Rescue Pandemic Damaged Airline Industry
Staff Reporter | | Apr 21, 2020 06:48 PM EDT |
On Monday, the U.S. Treasury Department said it had allocated $2.9 billion in preliminary compensation aid to 54 minor passenger carriers and two large commercial airlines, while finalizing grant deals with six other major carriers.
US Coronavirus Update: Trump Suspends Immigration, Colombia Extends Lockdown, Bolsonaro Joins Protests
Staff Reporter | | Apr 21, 2020 06:45 PM EDT |
As coronavirus cases in the United States and throughout the Latin Americas spike, U.S. President Donald Trump has started biting the hard reality that going back to normal won't be as easy as expected.
United Airlines Seeking More Help From Government Due To The Enormous Loss of $2.11 Billion
Staff Reporter | | Apr 21, 2020 06:42 PM EDT |
United Airlines announced on Monday that it lost $2.1 billion in the first three months this year, its biggest decline since 2008, as the ongoing global health disaster has crippled travel demand to its worst level in decades.
Coronavirus Economy: US Oil Prices Plunge To Below Zero, 300% Crashed.
Staff Reporter | | Apr 21, 2020 06:37 PM EDT |
As many feared, US oil prices plunged Monday in unprecedented fashion -- dipping below zero -- as traders dumped positions ahead of Tuesday's expiry of the May contract.
McDonald’s China Apologizes For Racist Practices In One Of Stores
Staff Reporter | | Apr 16, 2020 07:11 PM EDT |
McDonald's China apologies to the public after one of its restaurants banned black people from entering its premises.
US Retailing Business Drops Dramatically In March Amid Massive Unemployment
Staff Reporter | | Apr 16, 2020 07:08 PM EDT |
Retail sales in the US in March had dropped by the sharpest rate ever recorded since the government started tracking the metric in 1992.
Citigroup Preparing For Looming Credit Defaults Due To Quarterly Profits Decline
Staff Reporter | | Apr 16, 2020 07:05 PM EDT |
US investment bank Citigroup Inc reported a 46 percent decrease in its first-quarter profits on Wednesday.
China State Grid To Invest $383 Million To Build EV Charging Network Nationwide
Staff Reporter | | Apr 16, 2020 07:01 PM EDT |
Chinese state-owned energy firm State Grid Corp of China will be investing 2.7 billion yuan, or around $383 million, to establish a network of more than 78,000 charging piles across the nation.
Coronavirus Europe: Lockdown Extensions Continue In Some Countries While Spain, Italy Plan To Reopen
Staff Reporter | | Apr 16, 2020 06:56 PM EDT |
The four hardest-hit nations in Europe - Italy, Spain, France, the United Kingdom - are sending mixed signals in as far as reopening their respective economies are concerned.
Worldwide Coronavirus Cases Passes 2 Million
Staff Reporter | | Apr 16, 2020 06:51 PM EDT |
The novel coronavirus that started ravaging the world in early December has now infected 1,920,985 million people globally as of Monday night. The total number of deaths worldwide is 119,686.
EDITOR'S PICKS
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Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
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As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
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Beijing blasts Western critics who ‘smear China’ with the term sharp power
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China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
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China warns investors over risks in overseas virtual currency trading
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Chinese government most trustworthy: survey
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