News

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Mon, 04 Dec 2017 17:54:50 GMT

Germany, France want Iran to repeal ballistic missile program

Germany and France agreed that Iran must rescind its ballistic missile program and cease "hegemonic temptations" across the Middle East, the France's Foreign Minister stated.

Mon, 04 Dec 2017 17:54:02 GMT

Ireland anticipates Apple's back tax in Q1 2018

Ireland expects Apple to begin paying back taxes totalling nearly $15.4B into the escrow account in the Q1 of 2018, the country's Finance Minister stated.

Mon, 04 Dec 2017 17:08:05 GMT

Fed expected to raise rates next week, three more times next year

The US Fed is widely anticipated to make an interest rate increase later in December, Reuters economists' poll said, the majority of whom expected three more hikes in 2018.

Mon, 04 Dec 2017 17:07:22 GMT

EU to monitor US tax reform impact

The European Union is set to closely monitor the influence of the US tax reform adopted at the weekend to evaluate its impact on global tax rules and the US deficit.

Mon, 04 Dec 2017 16:22:53 GMT

US factory orders fall 0.1% in October

Commerce Department reported that the US factory orders decreased less-than-anticipated 0.1% in October due to weaker demand for both defence and civilian aircraft.

Mon, 04 Dec 2017 16:21:58 GMT

CVS Health Corp to acquire Atena for $69B

The US pharmacy chain CVS Health agreed to acquire the country's health insurer Atena for $69B, aiming to tackle rising healthcare spending through lower-priced medical services.

Mon, 04 Dec 2017 15:24:45 GMT

CMA CGM, Total agree on LNG supply

Total, the French major energy group, signed a ten-year agreement to supply one of the largest container line CMA CGM with liquefied natural gas in efforts to respect ecology international regulations.

Mon, 04 Dec 2017 15:24:18 GMT

Global demand for air passenger traffic rises 7.2% in October

Global air travel demand increased 7.2% over the course of October, after being affected by hurricanes in September, the International Air Transport Association stated.

Mon, 04 Dec 2017 14:27:55 GMT

EU nearing to start trade negotiations with UK

The Chairman of EU leaders was heartened by the progress made in talks over avoiding physical border separating Ireland after Brexit, bringing closer the beginning of trade talks.

Mon, 04 Dec 2017 14:27:17 GMT

China to permit more private capital in arms industry

China is set to permit more private flows in the military enterprises' shares to enhance military-civilian integration, according to guidelines issued by the State Council.

Mon, 04 Dec 2017 12:55:24 GMT

Saudi Arabia hires Nasdaq

Saudi Arabia's Stock Exchange on Monday announced that the group has hired Nasdaq to replace their sixteen year old infrastructure.

Mon, 04 Dec 2017 12:51:36 GMT

Erdogan won't ask for capital flow limits

The president of Turkey on Monday announced that he is not asking for a limit on various capital flows. The comment was made after on Sunday the president called his cabinet to block "traitors" who move capital out of the country.

Mon, 04 Dec 2017 12:07:25 GMT

Odinga's advisor is arrested

One of the most prominent strategists of the Kenyan oppositions has been arrested on Sunday.

Mon, 04 Dec 2017 12:06:39 GMT

EU will approve easyJet and Air Berlin deal

The EU officials are set to approve the sale of parts of failed German company Air Berlin to the British low price airline easyJet.

Mon, 04 Dec 2017 11:03:14 GMT

Switzerland releases anti-extremism plan

On Monday, the Swiss government published a national plan that is aimed at detection and prevention of violent extremism and inter alia presupposes re-integration of already radicalized people.

Mon, 04 Dec 2017 11:03:05 GMT

Maduro wants to launch oil-backed crypto

On Monday, the President of Venezuela Nicolas Maduro announced his plans to launch the new cryptocurrency called "petro" that would be backed by crude oil reserves and would help the country to circumvent American sanctions.

Mon, 04 Dec 2017 10:01:55 GMT

Ireland reports progress on Brexit talks

On Monday, a spokesman for the Prime Minister Leo Varadkar admitted that Ireland made "significant progress" in negotiations with Britain over the post-Brexit Northern Irish border. However, both parties are "not there yet".

Mon, 04 Dec 2017 09:56:30 GMT

UK tries to put Bitcoin under AML law

According to media reports that cite a notice prepared on November 3, Britain wants to subject Bitcoin and other cryptocurrencies to the EU anti-money laundering rules (AML) that require market players to disclose their identities and inform about suspicious activity.

Mon, 04 Dec 2017 08:54:39 GMT

McEntee says progress over UK, Ireland's border has been made, still lacks agreement

The Irish Minister for European Affairs Helen McEntee said that there was sufficient progress over a border dispute between the UK and Ireland; however, agreement was still needed.

Mon, 04 Dec 2017 08:52:45 GMT

Zenith forecasts 4.1% rise in global advertising expenditure in 2018

Expenditure for advertising is likely to increase by 4.1% to $578B by the end of 2018 but still remain behind the global economic growth, the forecaster Zenith reported on Monday.

Mon, 04 Dec 2017 07:53:15 GMT

Pendragon plans to sell its US division

The British car dealer Pendragon planned to sell its US Motor Group division after conducting a strategic review, the company said on Monday.

Mon, 04 Dec 2017 07:52:50 GMT

China's 2018 economic targets will reflect emphasis on quality development

China's State Council Information Office said early on Monday that the country's economic targets for 2018 would reflect its re-focus on quality development.

Mon, 04 Dec 2017 06:57:16 GMT

Villeroy says no bubbles exist in EU, local bubbles are still possible

The Governor of the Bank of France Francois Villeroy de Galhau said that no financial bubbles were apparent in the EU as a whole; however, some local bubbles were still possible.

Mon, 04 Dec 2017 06:55:23 GMT

US Dollar, S&P futures gain on Monday due to tax bill

The US Dollar and S&P futures strengthened their positions on Monday, as the Senate tax bill approved over the weekend increased investor confidence in the US economy.

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