Home Economy

Economy

The latest Economy News from the Djazairy English : breaking news on the global and national economy and international investments including audio and video coverage …

China’s Geely Automobile Holdings Ltd (0175.HK) on Monday said 2020 may be “amongst the most difficult years” in its history, as pressure stemming from the coronavirus pandemic on production and sales is likely to persist in the near future. The automaker, based in the eastern province of Zhejiang, also said...
The Minister of Agriculture and Rural Development, Cherif Omari, said, on Thursday in Blida, that the National Office for Livestock Feeds (ONAB) has started the distribution of a large quantities of white meat, estimated at 60,000 qx, on the markets with a view to breaking up the prices, which...
As tomato season in Mexico comes into peak, supplies of organic heirloom tomatoes are steady. “This is probably our biggest heirloom year to date. Every year we’ve increased acreage by between five to six percent because of our demand,” says Alex Madrigal of Covilli Brand Organics Inc. in Nogales, Ariz. While...
Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) as he labors through a four-year drought since his last major acquisition of a company. Buffett, 89, also used his annual letter to Berkshire shareholders to assure...
DP World, one of the world’s largest port operators, is delisting from the Nasdaq Dubai and returning to fully private ownership, the company announced Monday. The UAE-owned port behemoth’s parent company, Port and Free Zone World, has offered to buy the 19.55% of DP World’s shares traded on the Nasdaq...
Photo taken on May 8, 2020 shows a general view of the Selfridges department store on Oxford Street in London, Britain. The vast majority of surveyed firms across Britain said they can be ready to restart operations within three weeks or less "alongside any loosening of the UK lockdown",...
The largest U.S. airline also said it is considering launching service from the United States to Doha. Starting in 2015, the largest U.S. carriers argued their Gulf rivals were being unfairly subsidized by their governments, distorting competition and costing U.S. jobs - something the Gulf carriers deny. “The issues that led...
Nissan’s new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn. Makoto Uchida, who took over the top job in December, put his...
The leverage ratio of China's real economy increased last year, according to a report released by the National Institution for Finance and Development. The overall debt ratio of households, non-financial enterprises and governments rose to 245.4 percent in 2019, up 6.1 percentage points from the previous year. The rise followed a...
error: Djazairy, content is protected !