News

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Fri, 18 May 2018 19:47:20 GMT

EU informs WTO on possible import duties on US products

The EU on Friday provided a list of products to the World Trade Organization on which the bloc may introduce import duties in response to US tariffs on steel and aluminium.

Fri, 18 May 2018 19:46:46 GMT

Georgia starts military training program with US

Georgia launches the Defense Readiness Program (GDRP) together with the US to improve the country's defense capabilities, the Georgian Defense Minister Levan Izoria says.

Fri, 18 May 2018 19:35:54 GMT

Police: at least 8 dead in US school shooting

At least 8 people were killed in a shooting in Santa Fe High School in the US state of Texas, local police reports.

Fri, 18 May 2018 19:35:04 GMT

Lebanon asks international community to respect decision to stay away from regional conflicts

The international community should respect the Lebanese decision to stay away from conflicts in the Middle East region, the Lebanese President Michel Aoun says.

Fri, 18 May 2018 18:02:17 GMT

German DZ Bank to freeze all transactions related with Iran

Germany's DZ Bank are going to halt financial transactions that are related with Iran by the start of July, after US President Donald Trump decided to withdraw from Iran nuclear deal.

Fri, 18 May 2018 18:01:32 GMT

ECB official doubtful of cash plan proposal by Italy

A top official from European Central Bank is doubtful of Italy's proposal to pay its financial obligations by issuing bonds that would function as a type of parallel currency.

Fri, 18 May 2018 17:02:49 GMT

Trump to set Wilkie in the Veterans Affairs Department

On Friday, The US President Donald Trump said that he will put Robert Wilkie as a secretary of the US Department of Veterans Affairs, pushing out David Shulkin.

Fri, 18 May 2018 17:02:11 GMT

US gun lobby aims at gun unsupportive banks

The US gun lobby is aiming at Citigroup Inc and Bank of America after they said, that they would not provide several financial services to gun-makers anymore.

Fri, 18 May 2018 16:15:12 GMT

Uber submits appeal against loss of licence in the Brighton

On Friday, Uber filed an appeal against the licence loss, the decision made by the officials of the UK city of Brighton, to remove the licence of the taxi app.

Fri, 18 May 2018 16:13:59 GMT

French President Macron sees elements of doubt and confidence in Italy

French President Emmanuel Macron on Thursday said that it seemed unsure what exactly would mean the rising Italian ruling coalition for the European Union.

Fri, 18 May 2018 15:18:32 GMT

China denies offering a $200B package to slash US trade gap

On Friday, China denied that it had proposed a $200B package to reduce the US trade deficit, hours after it threw an anti-dumping scenario into the US sorghum imports.

Fri, 18 May 2018 15:07:01 GMT

Putin prefers status quo with completely new government lineup

On Friday, Russian President Vladimir Putin recommended a fresh government line-up at the beginning of his new run in office, elevating two first timers.

Fri, 18 May 2018 14:37:23 GMT

US Brazos Midstream gets $250M investment from SK Holding

On Friday, the South Korean firm SK Holding stated it had provided the US energy company Brazos Midstream with the $250M investment with intention to expand the company's energy business.

Fri, 18 May 2018 14:33:25 GMT

Germany's Home24 plans listing in Frankfurt

The German online furniture retailer Home24 is planning an IPO at the Frankfurt stock market exchange, as it seeks to raise up to $236M, the company stated on Friday.

Fri, 18 May 2018 13:37:30 GMT

Tata Steel finalises $5.2B acquisition of Bhushan Steel

On Friday, India's Tata Steel announced it had finalised the purchase of a 72.7% stake in the bankrupt Bhushan Steel worth $5.18B.

Fri, 18 May 2018 13:34:09 GMT

CVC to acquire Finland's Mehilainen from Triton, KKR

CVC Capital, the buyout fund, agreed to acquire about 50% stake in the Finnish healthcare group Mehilainen from the private equity groups Triton and KKR.

Fri, 18 May 2018 12:31:25 GMT

Fujifilm seeks suing Xerox over scrapping their takeover deal

Fujifilm Holdings is planning to file a suit against Xerox in the near time, alleging that the US photocopier firm had no legal rights to scrap their takeover deal worth $6.1B.

Fri, 18 May 2018 12:26:13 GMT

Blackstone to exit HLT by selling about 5.8% stake

On Friday, Hilton Worldwide Holdings announced that the private equity group Blackstone is set to sell around 5.8% or 15.8M of the hotel chain operator's shares.

Fri, 18 May 2018 11:11:54 GMT

Putin, Macron to meet on May 24-25

The Russian President Vladimir Putin and his French counterpart Emmanuel Macron are set to meet in St Petersburg on May 24-25 to discuss Syria, Iran and Ukraine.

Fri, 18 May 2018 11:08:34 GMT

Vietnam launches inquiry into Uber-Grab merger

The Ministry of Industry and Trade of Vietnam has officially launched an inquiry into the merger of Uber Technologies' business in Southeast Asia and its rival Grab.

Fri, 18 May 2018 10:39:11 GMT

Deutsche Telekom calls for 5G spectrum auctions' affordable terms

On Thursday, Deutsche Telekom called on Germany's government to auction frequencies for the 5G mobile services on affordable terms, so it could ensure there is money to invest in the infrastructure.

Fri, 18 May 2018 10:35:42 GMT

Westpac hires complaints director amid damaging probe

Westpac Banking, the Australia's lender, has hired a customer complaints head to deal with the problems, as the Australian financial sector accuses it of serious misconduct.

Fri, 18 May 2018 09:37:11 GMT

Barclays buys Lloyds' Irish mortgage unit for £4B

Lloyds Banking Group has sold its Ireland's mortgage unit to Barclays for about £4B in cash, as part of of its plan to focus on the core UK market.

Fri, 18 May 2018 09:29:02 GMT

China denies offer to cut US trade surplus by $200B

On Friday, China's Foreign Ministry stated it had not offered to reduce its US trade surplus by $200B, adding that talks with the United States over trade were constructive and set to continue.

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