News

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Sun, 29 Jul 2018 06:50:50 GMT

Albania's air passengers grow 13.4% in first half

Albania registered a year-over-year air passenger increase of 13.4% in the first half of 2018, according to the latest report released by the INSTAT.

Sun, 29 Jul 2018 05:18:19 GMT

Russia's parliament approves tax increase bill

Russia's Federation Council passed the bill on raising the value-added tax rate from 18% to 20% at the latest plenary session, which would become effective next year.

Sun, 29 Jul 2018 05:13:15 GMT

Beijing reports weakest mortgage growth since 2013

Beijing reported that the outstanding mortgage loans grew at the weakest pace in the five-year period, as government curbs contribute to cooling down of the real estate market.

Sun, 29 Jul 2018 04:20:07 GMT

Danone loses 50% market share in Morocco

France's food giant Danone lost more than a half of fresh milk market share in Morocco amid the ongoing boycott by consumers, a local media stated.

Sun, 29 Jul 2018 04:13:45 GMT

BMW to increase prices of two SUV models in China by up to 7%

Germany's carmaker BMW stated that it would raise prices of two US-made crossover SUV in China to take into account the extra cost of tariffs over the US car imports into the Chinese market.

Sat, 28 Jul 2018 22:50:52 GMT

Bank Leumi will sell its credit card unit

Bank Leumi of Israel on Saturday announced that it will sell its credit card unit to Warburg Pincus for $685 million.

Sat, 28 Jul 2018 22:50:21 GMT

President of Peru proposes referendum

The President of Peru Martin Vizcarra proposed on Saturday that a referendum should be held to stop private funding of political campaigns.

Sat, 28 Jul 2018 21:59:36 GMT

Turkish and American officials discuss minor issues

On Saturday, the US Secretary of State met with the Foreign Minister of Turkey to discuss minor issues that affect the relationship of the country.

Sat, 28 Jul 2018 21:59:11 GMT

US sets date for possible agriculture subsidies

It was announced on Saturday that US farmers might expect the proposed cash subsidies in October. However, not the whole subsidy would be paid out.

Sat, 28 Jul 2018 21:22:09 GMT

Thomas Cook might sell its airline

The British travel company named Thomas Cook is evaluating the benefits of selling its airline business to an outside investor.

Sat, 28 Jul 2018 21:21:32 GMT

G20 agriculture meeting slams protectionism

At the end of the G20 country Agriculture Minister meeting the end result was a joint statement that criticized protectionism.

Sat, 28 Jul 2018 19:59:57 GMT

G20 agriculture meeting ends

As the G20 meeting of Agriculture Ministers ended on Saturday, it was announced that most talks were about protectionism.

Sat, 28 Jul 2018 19:59:30 GMT

Details are revealed about CBS CEO investigation

It has been revealed that the allegations against the CEO of CBS have come just as the executive managed to win a legal battle against the company's largest shareholder.

Sat, 28 Jul 2018 19:09:56 GMT

US farmers could receive subsidies from Trump

The United States Agriculture Secretary on Saturday revealed to Reuters that the farmers of the US could receive subsidies in cash from the government.

Sat, 28 Jul 2018 19:09:26 GMT

President of Somalia visits Eritrea

On Saturday, the President of Somalia made a rare visit to Eritrea in an effort to improve regional ties.

Sat, 28 Jul 2018 17:54:14 GMT

G20 agriculture ministers hold a meeting

The Agriculture Ministers of the G20 countries met on Saturday and expressed some concern about protectionist measures being created globally.

Sat, 28 Jul 2018 17:24:15 GMT

Germany speaks out about trade tensions

The Agriculture Minister of Germany Julia Kloeckner on Saturday announced that the trade situation between Europe and the US is improving.

Sat, 28 Jul 2018 17:18:22 GMT

Zimbabwe presidential candidates promise same thing

As Emmerson Mnangagwa and Nelson Chamisa faced off in the elections in Zimbabwe, both promised a recovery of the shattered economy.

Sat, 28 Jul 2018 17:17:49 GMT

Iraq sacks election officials

The Prime Minister of Iraq Haider al-Abadi on Saturday sacked five election officials based on corruption charges.

Sat, 28 Jul 2018 15:50:52 GMT

Iran faces struggles due to investor exodus

As Iran is set to face additional US sanctions, outside investors have begun to leave the country. The event has caused economic turmoil in the country.

Sat, 28 Jul 2018 15:50:44 GMT

Iran provides incentives to local business

Iranian officials are planning to offer tax incentives to retail investors that would take over abandoned state projects.

Sat, 28 Jul 2018 15:19:25 GMT

Bulgarian socialists demand elections

Thousands of supporters of the Bulgarian Socialist Party gathered on Saturday to protest poverty and corruption, and demand early elections.

Sat, 28 Jul 2018 15:18:50 GMT

Greeks ignore their Prime Minister

As the Greek Prime Minister Tsipras calmed the people during the time of struggle, as wildfires rage the country, the people in Greece continued to criticise the government.

Sat, 28 Jul 2018 13:57:18 GMT

Turkey wants to save relations with US

A spokesman for the President of Turkey on Saturday announced that the relationship between Turkey and the US can be saved.

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