UPDATE 1-Iron ore extends rally on China demand outlook, supply concerns

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UPDATE 1-Iron ore extends rally on China demand outlook, supply concerns

… * Dalian iron ore rises for fourth day, SGX iron ore also up. * Vale expects to ship more iron ore to China in 2020 – CISA. * Tangshan city steel output curbs may drive prices higher (Recasts lede, headline; adds closing prices, chart). By Enrico Dela Cruz.
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FTSE 100 rises as countries emerge from coronavirus lockdowns

The FTSE 100 has risen for the second day as investors cheer the reopening of economies around the world. London’s blue-chip index was up 0.2 per cent in early trading at 6,178 points. It had risen 1.4 per cent yesterday after US President Donald Trump …
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China's Didi Hires Van Drivers for Logistics Services

BEIJING — Ride-hailing giant Didi Chuxing is hiring van and truck drivers in ten Chinese cities as it plans to join the already crowded on-demand logistics industry to diversify its business. In a hiring notice, Didi said it is hiring 580 van and truck drivers in ten …
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Datsun launches new Redi-Go in India

Datsun has launched the new Redi-Go in India at an introductory price of Rs 2.83 lakh for the manual transmission and Rs 4.77 lakh for the automatic transmission (AMT). Rakesh Srivastava, Managing Director, Nissan Motor India, said: “With the new Datsun …
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Coronavirus: £20bn lent to businesses under 'Bounce Back' scheme amid default fears

Over £20bn of 100% state-backed loans have been handed to UK small businesses, despite fears that as many as half of the loans may eventually go bad. The Treasury said on Tuesday that £21.3bn had now been lent by banks under its Bounce Back loans …
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