English News
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PayPal to launch cryptocurrency service for customers
PayPal Holdings Inc will launch a new service allowing its customers to buy, sell, and hold bitcoin and other cryptocurrencies…
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China’s super rich got $1.5 trillion richer during pandemic — report
China’s super wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce…
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Washington’s crackdown on Google is the greatest threat yet to big tech
The justice department brought antitrust charges against the company, but experts say that’s just a start For decades, companies…
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Sunak scraps three-year spending review to focus on Covid-19
UK chancellor will set out one-year plan covering budgeting needs of departments Rishi Sunak has cancelled the UK government’s three-year…
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WEF says machines will create more jobs than they destroy but warns of pandemic ‘double-disruption’
KEY POINTS In a report published Wednesday, the World Economic Forum said the rise of machines and automation would eliminate…
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Gold jumps 1% as U.S. relief deal bets grow, dollar retreats
Gold rose 1% to its highest in over a week on Wednesday as investor optimism that a U.S. coronavirus aid…
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Mortgage demand from homebuyers falls for the fourth straight week
KEY POINTS Purchase demand is down nearly 7% compared with four weeks ago. The average contract interest rate for 30-year…
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Jordan reports 1,360 new daily COVID-19 infections, 35 fatalities
The Kingdom recorded some 1,360 COVID-19 infections on Monday, pushing the caseload to 38,937, according to the Ministry of Health…
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JSMO readjusts ‘Compliant Trader Program’ to spur business-doing
The Jordan Standards and Meteorology Organization (JSMO) has amended the criteria governing its Compliant Trader Program (CTP) in a bid…
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Saudi Aramco ranked 1st regionally in Forbes “World’s Best Employers” list; 26th globally
The Saudi Arabian Oil Company (Saudi Aramco) has secured the first spot regionally and the 26th spot globally on Forbes’ fourth-annual list…
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Ant Group receives approval for listing on Hong Kong bourse
Ant Group, an affiliate company of China’s Alibaba Group, has obtained the approval of the China Securities Regulatory Commission (CSRC) for listing…
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China becomes first major economy to recover from Covid-19 pandemic
The Chinese economy grew 4.9% between July and September, according to government data, as China becomes the first major economy to recover…
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