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FRANKFURT: Volkswagen unveiled a first-half operating loss on Thursday after the carmaker suffered a 27% drop in vehicle deliveries due to the coronavirus pandemic, a step which forced to carmaker to slash its dividend.
NEW YORK/BOSTON: U.S. stocks gained further and the U.S. dollar fell on Wednesday as investors reacted to the Federal Reserve's decision to keep interest rates at ultra-low levels.
BRUSSELS, July 29 (Xinhua) -- The European Investment Bank (EIB) is investing 350 million U.S. dollars to support the financing of Sweden's Northvolt Ett, Europe's first home-grown gigafactory for lithium-ion battery cells, the bank said in a press release Wednesday.
(Reuters) - Brighton & Hove Albion have bolstered their backline with the capture of Netherlands defender Joel Veltman from Ajax Amsterdam, the Premier League club confirmed on Wednesday.
NEW YORK, July 29 (Xinhua) -- The U.S. dollar slipped in late trading on Wednesday after the Federal Reserve kept its interest rates unchanged at near zero.
BRUSSELS, July 29 (Xinhua) -- The recent decision made by leaders of the 27 European Union (EU) member states to endorse a historic recovery package shows Europe's unique strength to invest in a common future, European Commission President Ursula von der Leyen said Wednesday in an op-ed carried by the German newspaper Handelsblatt.
SKOPJE, July 29 (Xinhua) -- The government of North Macedonia is taking three sets of anti-crisis measures worth 500 million euros (around 588 million U.S. dollars) in support of the citizens and the country's economy to overcome the negative effects of COVID-19 pandemic, Minister of Finance Nina Angelovska said on Wednesday.
MADRID: Spain’s Santander reported a record net loss of €11.1bil (US$13bil) in the second quarter after it took the biggest hit yet for a European bank dealing with the impact of the coronavirus crisis.
HONG KONG (China Daily/ANN): Hong Kong’s economy shrank by 9 per cent in the second quarter from a year earlier as the coronavirus pandemic and social unrest extend the city’s first recession in a decade.