News

Note: This section contains information in English only.
Sun, 17 Feb 2019 21:21:02 GMT

Bulgaria's Socialists to leave parliament

On Sunday, the largest Bulgarian opposition Socialist Party decided to quit from the Parliament for an undefined period, arguing that the latest amendments to the Election Code would make fair elections impossible.

Sun, 17 Feb 2019 21:18:08 GMT

Bill Weld criticizes Trump

The ex-Governor of Massachusetts Bill Weld stated on Sunday that extension of the presidential term of Donald trump for another six years would be harmful for the US.

Sun, 17 Feb 2019 20:23:02 GMT

Saudi to invest $20B in Pakistan

On Sunday, the Saudi Crown Prince Mohammed bin Salman paid an official visit to Pakistan and signed multiple investment agreements worth $20B.

Sun, 17 Feb 2019 20:19:08 GMT

Germany to end extradition agreement with UK

According to a report published by the Financial Times, the German government would end extradition of its citizens to the United Kingdom in case of exit from the European Union with a deal.

Sun, 17 Feb 2019 19:03:39 GMT

Saudi Arabia's Crown bin Salman begins South Asia tour

On Sunday, the Saudi Arabian Crown Prime Mohammed Bin-Salman began his South Asia and China tour, with a high-level visit to Pakistan.

Sun, 17 Feb 2019 19:03:33 GMT

Italy's ruling 5-Star Party calls for online vote

The Italian 5-Star movement said on its blog on Sunday that it has called for an online vote to decide if to block a potential kidnapping case against Matteo Salvini.

Sun, 17 Feb 2019 18:03:32 GMT

France denies British media reports on concessions of Irish backstop

On Sunday, France denied the British media reports that Emmanuel Macron, the President of France, has softened stance on Brexit.

Sun, 17 Feb 2019 18:03:20 GMT

Paramount Group to sign agreement with Africa's defense industry

On Sunday, the chairman of Paramount Group said that the company is in talks with four African governments to develop Africa's defence industry.

Sun, 17 Feb 2019 17:10:42 GMT

Nigerian authorities postpone Saturday's national election

The Nigerian Independent National Electoral Commission postponed Saturday's general election by a week, few hours before polls were due to open, as opposition slams the decision.

Sun, 17 Feb 2019 17:05:38 GMT

UK's PM plans to speak to all EU leaders in bid for Brexit deal changes

The UK Prime Minister Theresa May plans to speak to all European Union heads and the EU Commission Chief in a bid for Brexit agreement changes.

Sun, 17 Feb 2019 15:51:47 GMT

Qatar to build $20B sports sector before World Cup

Qatar intends to attract more sports firms to the Gulf state in a bid to develop a $20B sports sector before the World Cup in 2022, a senior official stated.

Sun, 17 Feb 2019 15:51:40 GMT

Germany to expand electric company vehicles tax incentives

Olaf Scholz, the Finance Minister of Germany, announced plans to expand tax incentives for companies' electric vehicles, within the government's latest bid to strengthen demand for clean vehicles.

Sun, 17 Feb 2019 14:52:53 GMT

US toy industry to consider expansion in China, Brazil

The US toy industry is set to discuss strategies for growth in China and Brazil, two of the most populous countries, the press release showed.

Sun, 17 Feb 2019 14:52:43 GMT

CNPC to build 23 new facilities

China National Petroleum Corporation, the world's third-largest oil company, announced plans to build 23 new facilities for gas storage and expand ten existing by 2030, the company stated.

Sun, 17 Feb 2019 14:24:07 GMT

Gazprombank freezes accounts of Venezuelan PDVSA

Russian lender Gazprombank announced its decision to freeze the accounts of Venezuela's oil firm PDVSA and halted transactions with the company to diminish the risk of the bank falling under the US sanctions.

Sun, 17 Feb 2019 14:18:31 GMT

PepsiCo expects drop in profit

PepsiCo anticipated a surprise decline in full-year profit, as the firm spent heavily on developing new products and marketing, aiming to claw back market share from Coca-Cola.

Sun, 17 Feb 2019 13:11:10 GMT

UAE concludes multiple military deals

On Sunday, the United Arab Emirates (UAE) announced that it had concluded arms deals worth $1.1B with various international companies.

Sun, 17 Feb 2019 13:08:41 GMT

Iran wants better relations with neighbours

The President of Iran, Hassan Rouhani stated on Sunday that his government was ready for normalization of relations with the Gulf states in light of increasing pressure from the US and Israel.

Sun, 17 Feb 2019 12:18:43 GMT

Germany experiences growth of hacker attacks

According to a report published by the Welt am Sonntag, over the last six months Germany experienced 157 hacker assaults on critical infrastructure.

Sun, 17 Feb 2019 12:15:54 GMT

Gazprombank freezes PDVSA's accounts

According to sources familiar with the matter, Russia's Gazprombank, has frozen accounts of Venezuelan PDVSA in order to avoid being included in the US sanction list.

Sun, 17 Feb 2019 11:23:32 GMT

Airbus prepares for no-deal Brexit

The Senior Vice President of Airbus Katherine Bennett stated on Sunday that the company would be forced to make unpleasant decisions about future investments if Britain withdrew from the EU without a deal.

Sun, 17 Feb 2019 11:18:32 GMT

Saudi and French to build naval systems

On Sunday, the French Naval Group and Saudi Arabian Military Industries have agreed to create a joint venture in order to develop naval systems.

Sun, 17 Feb 2019 10:04:49 GMT

Businesses prepare themselves for Brexit

One of the world leading audit firms KPMG stated on Sunday that businesses were actively testing their readiness for Brexit to make sure that they have enough resources in case no deal would be signed in the upcoming 40 days.

Sun, 17 Feb 2019 09:59:35 GMT

Saudi bin Salman to visit Pakistan

The Saudi Arabia's Crown Prince Mohammed bin Salman is expected to land in Pakistan on Sunday and sign investment deals worth $10B.

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