News

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Sat, 17 Nov 2018 07:54:20 GMT

Bannon to work with Hungary PM

The US President Donald Trump former strategist Steve Bannon said that he plans to work with Hungary's Prime Minister Viktor Orban in the next year's European Parliamentary elections.

Sat, 17 Nov 2018 07:53:23 GMT

China-US trade barbs at APEC summit

The United States and China traded barbs over regional security, investment and trade at the APEC summit.

Sat, 17 Nov 2018 07:08:12 GMT

US and Australia to build new naval base in the Pacific

On Saturday, the US Vice President Mike Pence said that the United States would join Australia to develop a new naval base on Manus Island.

Sat, 17 Nov 2018 07:07:07 GMT

Russian PM Medvedev warns against growing protectionism

On Saturday, the Russian Prime Minister Dimitry Medvedev warned global leaders against growing protectionism at APEC summit.

Sat, 17 Nov 2018 05:46:07 GMT

Australian Prime Minister speaks at APEC summit

On Saturday, the Prime Minister of Australia Scott Morrison announced that global leaders need to embrace free trade instead of protectionism.

Sat, 17 Nov 2018 05:45:39 GMT

Global stock markets end the week higher

Global stock indices ended the week's trading with a surge on Friday. The surge occurred mainly due to the US President Donald Trump announcing that there might be no further trade tariffs on Chinese goods.

Sat, 17 Nov 2018 05:34:55 GMT

Pence comments on trade war with China

The Vice President of the United States on Saturday announced that the United States will not end their measures against China until China changes its trading policies.

Sat, 17 Nov 2018 05:34:26 GMT

Pence meets with Taiwan's trade envoy

On Saturday, it was revealed that the Vice President of the United States Mike Pence met with the Taiwan's envoy to the APEC summit.

Sat, 17 Nov 2018 03:42:50 GMT

Nations meet with different opinions at APEC summit

On Saturday, the countries of the Asia-Pacific summit met divided into two camps. One group called for radical changes in global trade. The other group wanted a return of the status quo in globalization.

Sat, 17 Nov 2018 03:42:42 GMT

Chinese authorities change the rules to delist a company

The authorities of China's stock exchanges released new rules on Saturday to delist from the Shenzhen stock market the stock of Changsheng Bio-Technology.

Sat, 17 Nov 2018 03:26:51 GMT

Oil Prices end the week with a decline

The global crude oil price benchmarks ended the week with a consecutive sixth week of losses. Although, the oil prices experienced a recovery in the second part of the week.

Sat, 17 Nov 2018 03:26:23 GMT

US Dollar ends the week in red

On Friday, the US Dollar ended the week's trading with losses against a basket of other currencies. Financial media explained the decline by comments made by the newly appointed Federal Reserve's Vice Chairman.

Fri, 16 Nov 2018 21:36:40 GMT

Fed's Evans: reasonable to hike rates to 3.25%

Chicago Fed Bank President Charles Evans stated that raising rates to about 3.25% would be reasonable assumption, given his prospects for the US economy.

Fri, 16 Nov 2018 21:34:31 GMT

Google Cloud: Thomas Kurian to be new CEO, replacing Diane Greene

Thomas Kurian, the ex-chef of Oracle product, is likely to replace Diane Greene to become the cloud division head at Alphabet's Google in the following weeks, Greene announced on Friday.

Fri, 16 Nov 2018 20:05:17 GMT

Dow and S&P 500 surge after Trump remarks on trade

The Dow Jones and the S&P 500 surged on Friday after the US President Donald Trump said that the United States might not impose further tariffs on the Chinese imports.

Fri, 16 Nov 2018 20:05:04 GMT

Volkswagen to spend $50B on electric cars

On Friday, Volkswagen CEO Herbert Diess said that the company would spend about $50 billion to develop and mass produce electric cars by 2023.

Fri, 16 Nov 2018 19:04:17 GMT

S&P 500 declines on Friday

The S&P 500 Index slumped on Friday, as profits in energy shares were offset by drops in retail and chip companies.

Fri, 16 Nov 2018 19:03:44 GMT

European stocks stumble, as Brexit anxiety continues

On Friday, the European stocks faltered, as investors and traders waited to see if UK's Prime Minister Theresa May would face a vote of no-confidence.

Fri, 16 Nov 2018 18:10:38 GMT

Tesla to begin taking orders in China for Model 3 sedan

On Friday, Tesla Inc CEO Elon Musk said that the electric carmakers have began to take orders for its Model 3 sedan in China.

Fri, 16 Nov 2018 18:09:51 GMT

White House to briefly reinstate CNN correspondent's access

On Friday, the White House said that it would temporarily reinstate CNN reporter's access after a US judge restored Jim Acosta's press credentials.

Fri, 16 Nov 2018 17:21:51 GMT

US prosecutors plan criminal case against Assange

The US prosecutors are planning to file a criminal lawsuit against the founder of Wikileaks Julian Assange.

Fri, 16 Nov 2018 17:20:50 GMT

US Dollar edges lower on Fed remarks

On Friday, the US Dollar edged lower after a senior Federal Reserve official said that the country's interest rates are closer to neutral rate.

Fri, 16 Nov 2018 16:29:32 GMT

Visa to purchase minority stake in Indian firm BillDesk

On Friday, the payments processor Visa stated it would acquire a minority stake in India's payment gateway BillDesk for an undisclosed sum, seeking to expand its presence in the country.

Fri, 16 Nov 2018 16:10:52 GMT

GE Capital plans healthcare equipment financing unit sale

General Electric's unit GE Capital is planning to sell the healthcare equipment finance arm to the US regional lender TIAA Bank in a deal valued at $1.5B.

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