GM to invest in Canada plant manufacturing electric vans
General Motors Co and labor union Unifor said Friday they had reached a tentative deal for the automaker to invest nearly C$1 billion ($785.42 million) in its CAMI Assembly Plant…
Section: Business
Azerbaijan’s Ministry of Economy to contribute to turning Karabakh into prosperous region
Thanks to the might of the national army of Azerbaijan, headed by the Supreme Commander-in-Chief Ilham Aliyev, the long-awaited Great Return to the lands liberated from the Armenian occupation begins,…
Embassy of India organizes online business meeting
Embassy of India in Baku, in collaboration with Agricultural and Processed Food Products Export Development Authority (APEDA) of India, organized an online a buyer-seller meeting to promote Indian Basmati rice…
Briton accidentally throws away Bitcoins worth $ 287 m
A computer engineer who claims he accidentally threw away a hard drive containing a virtual currency worth tens of millions of pounds has promised to give a local council a…
Azerbaijan unveils cost of oil exported to Belarus
In January-November 2020, Belarus imported oil from Azerbaijan worth $ 210 million, Report mentions, citing Belarus media. According to statistics, in January-November last year, Belarus’ oil imports fell by 43.5%…
Oil prices fall as Chinese lockdowns, U.S. unemployment data temper gains
Oil prices were lower on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world’s biggest crude…
ADB appoints new Regional Director for Central and West Asia
The Asian Development Bank (ADB) has appointed Eugene Zhukov as Director-General of its Central and West Asia Regional Department, Report mentions, citing the bank’s statement. As Director-General, Mr. Zhukov will…
Azeri Light crude keeps falling
Azeri LT CIF crude oil, exported from Azerbaijan to the world markets, decreased by $ 0.61 (-1.08%), settling at $ 55.96 per barrel, Report informs. The lowest price for Azeri…
Xiaomi shares fall 10% as U.S. blacklists smartphone-maker
The Trump administration has added smartphone maker Xiaomi to a blacklist of alleged Chinese military companies. Report informs referring to CNBC. The Chinese firm’s Hong Kong-listed shares were down 10.6%…
Google’s $2.1 billion purchase of Fitbit is complete
Google has completed a £1.5 billion takeover of fitness wearable maker Fitbit, the firm has announced, Report states, citing Interfax. The tech giant’s parent company Alphabet revealed acquisition plans back…