The German economy grew 0.3% in last year’s fourth quarter compared with the previous three-month period, official data showed Wednesday — a better performance than first thought.

Huawei launched a $40 million lab in Singapore dedicated to helping developers test apps for the Chinese tech giant’s mobile devices. The move comes amid U.S. tech restrictions on Huawei’s access to semiconductors and Google’s suite of software that hit its growing smartphone business.

Apple has acquired about 100 companies over the last six years, the company’s chief executive Tim Cook has revealed.

Tesla boss Elon Musk has lost his title as the world's richest person after a recent slide in the electric carmaker's shares, the main driver of his wealth.

Deutsche Bank and Mastercard said on Wednesday they would deepen their collaboration as the German lender aims for a greater share of the payments business.

Ghana has become the first country to receive coronavirus vaccines through the Covax vaccine-sharing initiative.

The architect of Australia’s laws forcing Google and Facebook to pay media companies for content claimed victory on Wednesday, though critics said last-minute changes to appease Facebook favoured Big Tech over smaller news outlets.

German sportswear company Puma expects the financial impact from coronavirus lockdowns to last well into the second quarter, but believes global growth in running should help to support a strong improvement after that.

Economic and social impact of COVID-19 pandemic reinforcing gender inequalities

It is true that the government has created a program "Remotely from Georgia", but the former Deputy Minister of Economy believes that more activity could be done in this regard, because only 913 foreigners entered the country within the frame of the project from August 2020 to February.

According to him, the Turkish government subsidizes the price of medicines and prohibits exports of subsidized medicines outside the country. However, some companies manage to make exports and that is how the medicines from Turkey are found in Georgia.

"He said we need more regulations and more state intervention in the economy. This approach is drastically wrong and it could create a lot of problems in the future," said economist Soso Berikashvili.

Asatashvili declares, that the tourism industry is completely ignored, while it is the shortest way to economic recovery. The country needs FDI most and truism can bring foreign direct investments in the country, as tourists spent money generated in another country.

"We, of course, do not choose the parties and we cannot support either the government or the position party. Over the last 30 years, Georgia has made adequate progress to reach a civilized compromise in a difficult situation," said the Ambassador of Israel to Georgia.

In Q3, 2020 FDI was 23.6% down amounting to 302.6 million USD. As of 9 months, the total volume of the FDI was 719 million USD, which is 24% or 228 million USD less comparing to 2019.

The pipeline, operated by BP has the highest load in 2010, when oil prices reached a record-high. Baku-Tbilisi-Ceyhan Pipeline carried 38.4 million tons of crude oil to Turkey via Georgia.

Senators Jim Risch (R-Idaho), ranking member of the Senate Foreign Relations Committee, and Jeanne Shaheen (D-N.H.), chair of the Subcommittee on Europe and Regional Security Cooperation, along with Representatives Adam Kinzinger (R-Ill.) and Gerry Connolly (D-Va.), co-chairs of the House Georgia Caucus, today released the following statement on developments in Georgia: