News

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Sat, 22 Dec 2018 07:42:57 GMT

US and Canada call on release of detained Canadian citizens in China

On Saturday, US officials joined the Canadian demand for the release of two Canadian citizens, who are believed to have been detained as a reprisal for the arrest of the Huawei CFO.

Sat, 22 Dec 2018 07:41:39 GMT

Bloomberg reports on Trump and Powell conflict

It was reported on Saturday by Bloomberg that US President Donald Trump has discussed the option of firing the head of the Federal Reserve only in private. No official meetings have been held.

Sat, 22 Dec 2018 07:18:51 GMT

US officials will discuss exchange rates with Japanese counterparts

It was revealed on Saturday that the US representatives that are bound for Japan for trade talks are intending to also discuss possible exchange rate manipulation.

Sat, 22 Dec 2018 07:18:14 GMT

Trump comments on government shutdown

The US President Donald Trump announced late on Friday that the partial shutdown of the US government is most likely not going to last long.

Sat, 22 Dec 2018 05:42:05 GMT

US will request duty free market in Japan

The plans of the White House for trade negotiations with Japan on Saturday revealed that the US intends to secure a duty-free market access for industrial products.

Sat, 22 Dec 2018 05:13:23 GMT

White House reveals plans for talks with Japan

On Saturday, representatives of the US White House administration revealed their goals for trade negotiations with Japan. In general, the US want to decrease the country's trade deficit.

Sat, 22 Dec 2018 04:44:26 GMT

Salary of incoming Campbell Soup CEO is revealed

Representatives of Campbell Soup Company on Friday revealed that the incoming CEO Mark Clouse will be paid $7.4 million annually.

Sat, 22 Dec 2018 04:43:54 GMT

US government enters shutdown state

On Saturday, as Friday ended, the US government entered a shutdown state due to not agreeing on issuing additional financing for border control.

Sat, 22 Dec 2018 03:53:27 GMT

Stocks continue to decline on Friday

The week's trading was ended with various stock indices plummeting by as much as two percent. During the decline several of the benchmarks confirmed the notion that equity markets have entered a bear phase.

Sat, 22 Dec 2018 03:52:54 GMT

Nasdaq confirms bear market

By the end of Friday's trading session Nasdaq officials announced that their stock exchange has officially entered a bear market.

Sat, 22 Dec 2018 03:37:11 GMT

Gatwick airport reopens on Friday

London's Gatwick airport reopened late on Friday, as a saboteur, which caused a 36 hour traffic stop by flying a drone over the airport territory, was caught.

Sat, 22 Dec 2018 03:36:41 GMT

JD.com CEO will not face charges in Minnesota

It was revealed on Friday by US authorities that the CEO of JD.com will not face charges in the Minnesota after a student of University of Minnesota had falsely accused the billionaire of rape.

Fri, 21 Dec 2018 21:02:34 GMT

Williamson says Black Sea does not belong to Russia

On Friday, UK's Defense Minister Gavin Williamson said that the Black Sea does not belong to Russia and that the United Kingdom has sent the Royal Navy ship to the region.

Fri, 21 Dec 2018 21:02:25 GMT

UN Security Council approves Yemen peace monitors

On Friday, the UN Security Council unanimously voted to authorise the deployment of advance UN team to monitors a ceasefire, agreed by the warring parties in Yemen's Hodeidah region.

Fri, 21 Dec 2018 20:07:14 GMT

UN to vote on deployment of peace monitors to Yemen

On Friday, the UN Security Council is set to vote to authorise an advance United Nations team to monitor a ceasefire, agreed by all parties in Yemen's Hodeidah region.

Fri, 21 Dec 2018 20:06:26 GMT

German court fines Deutsche Boerse 10.5M euros in insider trading case

On Friday, a German court issued fines of 10.5 million euros to Deutsche Boerse, over allegations of an insider trading case against the company's former CEO Carsten Kengeter.

Fri, 21 Dec 2018 19:16:35 GMT

Global stock markets decline on Friday

On Friday, world stock indexes continued its sell-off, as concerns over rising US borrowing costs and a US government shutdown weighed heavily on the market.

Fri, 21 Dec 2018 19:14:28 GMT

Wall Street declines, as S&P 500 reaches sixteen-month low

Wall Street edged lower on Friday, led by a decline in technology stocks and other high growth sectors, as S&P 500 hit a sixteen-month low level.

Fri, 21 Dec 2018 18:17:27 GMT

Republican senators meet with Trump to thrash out border wall funding

On Friday, the US President Donald Trump met with Republican senators to discuss plans on how to fund his border wall.

Fri, 21 Dec 2018 18:16:41 GMT

European shares close flat on Friday

European shares managed to regain some of its lost points after comments from a Senior US policymaker eased concerns about rising borrowing costs.

Fri, 21 Dec 2018 17:24:33 GMT

Canadian economy reveals momentum in October

The Canadian economy expanded at a stronger-than-expected pace in October, though evidence of expansion heading into the 2018 end is unlikely to be enough to shift the BoC from the sidelines amid the recent drop in oil prices.

Fri, 21 Dec 2018 17:21:57 GMT

Nike shares grow on solid quarterly results

Nike shares rose 9% after the company's strong quarterly report eased worries over escalating trade tensions, which would weigh on China's demand.

Fri, 21 Dec 2018 16:31:50 GMT

US growth trimmed in Q3

The US economy slowed more than anticipated in the Q3, while momentum appeared to have moderated further in the Q4, with shipments of capital goods and new orders declining in November.

Fri, 21 Dec 2018 16:29:25 GMT

EU prolongs sanctions against Russia

The EU formally agreed to prolong economic sanctions against Russia until July 2019, the European Council said.

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