News

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Mon, 09 Jul 2018 17:28:44 GMT

UK Foreign Secretary Johnson resigns

Boris Johnson has resigned as British Foreign Minister on Monday in protest of Prime Minister Theresa May's Brexit plan.

Mon, 09 Jul 2018 17:24:37 GMT

UK Prime Minister May will fight any attempt to remove her from office

British Prime Minister Theresa May is expected to fight any attempt made by leading Eurosceptic ministers to oust her from office. Her spokesman stated on Monday.

Mon, 09 Jul 2018 16:20:32 GMT

ECB's Nowotny: Brexit to hurt EZ economies

Britain's ramshackle quit from the European Union, as two Ministers quit the government on Monday, is likely to damage economic expansion in the Euro Zone, the ECB policymaker Ewald Nowotny stated.

Mon, 09 Jul 2018 16:16:21 GMT

VW to return SEAT brand to China in 2020/21

Volkswagen stated that its Spanish brand SEAT is set to return to China's market in 2020/21 within an agreement with the Chinese Anhui Jianghuai Automobile Group to develop EV.

Mon, 09 Jul 2018 16:12:31 GMT

China's new loans to increase in June

China's new bank loans are likely to rebound in June, a Reuters poll revealed, as the Central Bank attempted to support lending to businesses and boost liquidity, facing worsening global trade prospects.

Mon, 09 Jul 2018 15:02:30 GMT

Norway declines holding up Tesla's move to enhance service

Norway rejected a suggestion that it was holding up Tesla's attempts to improve its service in the third-biggest market, adding that the company did not apply to use vans needed to solve its problems.

Mon, 09 Jul 2018 13:55:38 GMT

Wall Street is expected to gain

US stocks markets were expected to start the week's trading higher. The reason was the weaker US Dollar, which dropped on Friday due to weak US employment data.

Mon, 09 Jul 2018 13:55:27 GMT

Macedonia expects approval from NATO

Macedonian authorities on Monday revealed that they are expecting to get the approval to start negotiations about joining NATO.

Mon, 09 Jul 2018 13:15:02 GMT

Samsung opens large phone factory

On Monday, Samsung Electronics announced that the company has opened the world's biggest phone factory.

Mon, 09 Jul 2018 13:14:28 GMT

Tesla raises car prices

Tesla have raised the prices on Model X and S in China by over $20,000. It is the first car company which has done so in the aftermath of US-China trade tensions.

Mon, 09 Jul 2018 11:49:57 GMT

Ukraine gains US assurance

The President of the United States has reassured Ukraine that he will not betray the country's interests during his meeting with the President of Russian Federation.

Mon, 09 Jul 2018 11:49:48 GMT

Nissan admits misconduct in Japan

Nissan Motor on Monday revealed that the company had measured improperly exhaust emissions and the consumption of fuel in Japan for 19 car models.

Mon, 09 Jul 2018 11:10:28 GMT

Ethiopia and Eritrea agree to restore relations

The Prime Minister of Ethiopia Abiy Ahmed and President of Eritrea Isaias Afwerki agreed on Monday to reopen embassies, resume air links and jointly build marine infrastructure.

Mon, 09 Jul 2018 11:03:50 GMT

Erdogan prepares for innaguration

The Turkish President-elect Tayyip Erdogan will sworn in today to lead the country for a new five-year term, yet this time with sufficiently enlarged powers.

Mon, 09 Jul 2018 10:13:08 GMT

May appoints new Brexit minister

The British Prime Minister Theresa May on Monday selected Dominic Raab as the new Brexit Minister instead of David Davis who resigned in protest against agreement negotiated by the government.

Mon, 09 Jul 2018 10:07:31 GMT

German military stands against budget plan

A senior official wrote in a letter on Monday that German Defence Ministry evaluates approved by Chancellor Merkel medium-term budget plan as unsatisfactory.

Mon, 09 Jul 2018 08:35:18 GMT

BOJ remains optimistic on regional Japan

The Bank of Japan kept the upbeat economic evaluation for all nine regions and the Bank's Governor was confident that inflation is likely to head toward the 2% target, suggesting that monetary policy will be unchanged.

Mon, 09 Jul 2018 08:31:54 GMT

Nissan shares fall ahead of briefing on emissions

Shares in Nissan Motor slumped nearly 5% to the lowest level in a year after the automaker stated that it is set to hold a briefing concerning procedures to measure cars exhaust gas at domestic plants.

Mon, 09 Jul 2018 07:37:35 GMT

Bank of France keeps GDP growth forecast at 0.3% in Q2

The Bank of France kept unchanged its forecast for France's gross domestic product growth of 0.3% in the second quarter and said it anticipated a rebound in business activity for July.

Mon, 09 Jul 2018 07:34:32 GMT

German exports grow throughout trade tensions in May

German exports increased by more than imports in May to widen the trade surplus, data revealed on Monday, in a sign that Europe's largest economy is still in strong form in spite of trade tensions in the US.

Mon, 09 Jul 2018 06:38:04 GMT

Indonesia CB Governor: US-China tensions to hurt GDP of some countries

Trade war between China and the United States is likely to negatively affect the economic expansion of other countries, the Indonesian Central Bank Governor stated.

Mon, 09 Jul 2018 06:35:52 GMT

Tencent to list online music businesses in US

China's internet giant Tencent Holdings stated that it was looking to spin off and list online music unit, the Chinese biggest music-streaming business, in the US.

Mon, 09 Jul 2018 05:13:01 GMT

British Steve Baker resigns

According to a government source, the British Minister at the Department for Exiting the European Union Steve Baker decided to resign along with his chief David Davis.

Mon, 09 Jul 2018 05:05:42 GMT

Oil prices up amid tight market

Crude oil prices increased by another 0.4% on Monday morning, reaching $74.09 a barrel, as investors concentrated on dense market conditions after the latest American crude inventories release, which dropped to its lowest level in three years.

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