Volvo Cars is only going to sell electric vehicles by 2030, the Swedish firm has said.

India is ready to offer incentives to ensure Tesla Inc’s cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south Asian country, transport minister Nitin Gadkari told Reuters.

U.S. e-commerce group eBay and Norway’s Adevinta planned to sell three smaller British units in order to secure regulatory approval for a long-planned tie-up of their global classified ads businesses, the two firms said on Tuesday.

Zoom boss Eric Yuan, whose business exploded during the pandemic, says working from home is here to stay.

The French government says older people with pre-existing conditions can now get AstraZeneca's Covid-19 vaccine, revising its stance on the issue.

“As you know, the NCDC makes purchases through the United Nations Children's Fund. Rest assured that the first batch of vaccines from the Covax platform will arrive this month and vaccination will start in Georgia with the vaccine from Covax platform, most likely with the Astrazeneka vaccine", - Gamkrelidze said.

The parties discussed the macro-economic challenges against the pandemic, situation in the bank sector, economic growth, GEL rate and inflation, as well as solvency and liquidity of the financial sector. Gvenetadze introduced the preliminary data of the bank sector for 2020.

The decrease in the volume of salaries paid in the country is in line with the Geostat assessment, according to which, the number of employees was 74 thousand down in the country in 2020.

ProCredit Bank introduced its innovative video identification method in March 2020. Initially, the service was available to private clients only.

The fact that medical services have become more expensive is confirmed by official statistics. In the last year, prices in the healthcare group (9.7%) were almost 10% up, mostly prices were grown on medical products (14%), while the outpatient services increased by 11.9%.

"We are no longer a member of GAVI, because Georgia has moved to a new stage with its economic status. Georgia is no longer considered a low-income country. Correspondingly, membership does not depend on our desire, it is determined by objective economic parameters".

“Current situation in terms of purchasing airline tickets and planning a flight looks like the condition, we had 15 years ago. Customers are more careful; they buy airline tickets at the last minute because there is a risk that any country can change the entry rules the day before the flight. Transit flights are effective now, and those who operate direct flights are in a difficult situation," - Shengelia said.

The residential real estate market of Estonia managed to survive the extraordinary times well. The value of housing loan contracts during Jan 2021 was up by 24% as compared to the same month of the prior year. Strong demand and improved lending conditions were the main contributors to the mentioned growth.

It is not ruled out that Georgia will sue the COVAX platform - said the Minister of Health of Georgia Ekaterine Tikaradze in an interview with "Rustavi 2".

Although many low and middle-income economies are the least prepared for the new technological wave, some are punching above their weight, and a new UNCTAD report shines a light on the overperformers.

Former PM of Georgia, Giorgi Kvirikashvili responds to the visit of European Council President - Charles Michel.

European Council President Charles Michel calls on the Georgian Prime Minister and opposition parties to engage in dialogue. At a briefing after meeting with Irakli Gharibashvili, he spoke about the political crisis in the country and said that dialogue and compromise have no alternative.

In 2020 exports value of goods of Latvia comprised EUR 13.19 billion, which is EUR 224 million or 1.7 % more than in 2019, and so far this is the highest exports value. Provisional data of the Central Statistical Bureau of Latvia shows that imports value of goods has reached EUR 15.08 billion, which is EUR 836.6 million or 5.3 % less than in 2019. Foreign trade turnover of Latvia at current prices reached EUR 28.27 billion – EUR 612.5 million or 2.1 % less than in 2019.