News

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Mon, 11 Feb 2019 09:16:28 GMT

Britain tries to negotiate post-Brexit deal with Gulf states

The UAE Economy Minister Sultan Bin Saeed Al Mansouri stated on Monday that the UK has tried to start negotiations on post-Brexit trade agreement with his country and other regional states.

Mon, 11 Feb 2019 08:03:16 GMT

Oil prices decline on Monday

On Monday, crude oil prices edged lower by 1%, as the world's biggest oil producer and the global financial markets were pulled down by concerns.

Mon, 11 Feb 2019 08:03:08 GMT

Australian government faces huge electoral defeat

According to a major poll, the Australian conservative government is set for a crushing electoral defeat, ahead of the country's national election.

Mon, 11 Feb 2019 07:12:19 GMT

Asian shares decline on Monday

Asian shares began the new week with a decline, as investors and traders worries about global economic growth.

Mon, 11 Feb 2019 07:10:42 GMT

Taiwan's exports likely to shrink

According to forecasts by 14 analysts, Taiwan's exports are likely to have decreased by 2.93% in January from a year before.

Mon, 11 Feb 2019 06:27:04 GMT

Australian wealth funds slams management changes in NAB

The Chairman of Australian Future Fund Peter Costello stated on Monday that the simultaneous resignation of both National Australia Bank's Chairman and CEO was "not good practice".

Mon, 11 Feb 2019 06:22:47 GMT

Asian oil benchmarks bypass Brent

The price of two Middle East sour сrude benchmarks, DME Oman and Dubai, has surpassed the price of sweet Brent, as the US imposed sanctions on Venezuela and Saudi Arabia cut production more than expected.

Mon, 11 Feb 2019 05:27:06 GMT

White House wants to promote AI

Today the US President Donald Trump is expected to sing an executive order presupposing allocation of more federal funds in research and development of artificial intelligence (AI).

Mon, 11 Feb 2019 05:24:23 GMT

US warships approach China's islands in South China Sea

Two American destroyers sailed within 12 miles from disputed islands in the South China Sea, a source in Washington reported on Monday.

Mon, 11 Feb 2019 04:17:25 GMT

Brexit vote spurs UK firms into investing in EU

The 2016 Brexit referendum spurred the UK companies into higher investments in the EU countries markedly, an academic study revealed.

Mon, 11 Feb 2019 04:01:03 GMT

Apollo close to $3B deal to purchase Cox TV stations

Apollo Global Management was nearing a roughly $3B agreement to acquire Cox Enterprises' 14 TV stations, the largest of deals the firm was lining up to become the force in the US broadcasting, sources familiar with the matter stated.

Mon, 11 Feb 2019 03:34:22 GMT

Switzerland, Britain to sign post-Brexit trade deal

The UK and Switzerland are set to sign an agreement to proceed with trading over preferential terms after Brexit, protecting countries' trade relationships.

Mon, 11 Feb 2019 03:29:32 GMT

Chinese retail earnings increase 8.5% over holidays

China's catering and retail enterprises earned more than $148.3B over the Lunar New Year holiday, defying the economic slump to rise 8.5% from 2018, the Commerce Ministry stated.

Sun, 10 Feb 2019 18:10:57 GMT

Hungary's PM announces new tax and loan benefits

On Sunday, Hungary's Prime Minister Viktor Orban announced a new tax and loan benefits to boost the country's birth rate.

Sun, 10 Feb 2019 18:10:27 GMT

Oman Chlorine to open new plant in Qatar

Oman Chlorine has announced the inauguration of a new plant in the industrial city of Mesaieed, the investment cost of the project was not disclosed.

Sun, 10 Feb 2019 17:11:33 GMT

South Korean President Jae-in to confer with Trump on 2nd US-NK summit

South Korea's Blue House said on Sunday that President Moon Jae-in would consult with the US President Donald Trump about the 2nd summit between the United States and North Korea.

Sun, 10 Feb 2019 17:11:20 GMT

US and China plan to hold high-level trade talks next week

The US Treasury Secretary Steven Mnuchin and Trade Rep Robert Lighthizer would meet with China's Vice Premier Liu He on February 14 and 15 for a fresh round of high-level trade talks.

Sun, 10 Feb 2019 16:09:35 GMT

Hungary aims to keep economic growth 2% above EU average

On Sunday, the Hungarian Prime Minister Viktor Orban said that Hungary plans to keep economic growth 2% above the EU average.

Sun, 10 Feb 2019 16:09:24 GMT

Madrid mass protest over Catalonia policy

On Sunday, tens of thousands gathered in Madrid for a protest by right-wing parties to opposed the Spanish government plan to ease tension in the Catalonia region.

Sun, 10 Feb 2019 15:04:40 GMT

Egypt's core inflation jumps to 8.6% in January

The Egyptian Central Bank said on Sunday that Egypt's core inflation has risen to 8.6% year/year in January.

Sun, 10 Feb 2019 15:04:22 GMT

Nigeria's EFCC denies alleged poisoning of former Skye Bank Chairman

The Nigerian Economic and Financial Crimes Commission in a statement denied an accusation that its officials poisoned the former Skye Bank Chairman Mr Tunde Ayeni.

Sun, 10 Feb 2019 14:24:45 GMT

Australia's government plans to stop bid to ease tough law on migrants

The Australian Prime Minister Scott Morrison and other top officials campaigned over the weekend against a proposal to relax tough asylum rules.

Sun, 10 Feb 2019 14:14:17 GMT

Venezuela's state-run oil company moves bank account to Russia

According to sources with the knowledge to the matter, Venezuela's PDVSA has shifted oil ventures accounts to Russian bank.

Sun, 10 Feb 2019 13:22:17 GMT

Paris sues Airbnb for illegal ads

The Major of Paris Anne Hidalgo stated on Sunday that the city has filed a claim against Airbnb for installation of illegal adverts and hoped to receive $14M compensation.

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