News

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Sat, 29 Feb 2020 19:37:48 GMT

Polish presidential candidate pledges better ties with EU

Malgorzata Kidawa-Blonska, the Polish presidential candidate, stated on Saturday that under her leadership relations with the European Union would be improved again.

Sat, 29 Feb 2020 18:08:58 GMT

Trump to speak about coronavirus today

The US President Donald Trump has scheduled a press conference at 18:30 GMT to comment the outbreak of coronavirus and the measures taken by the United States.

Sat, 29 Feb 2020 17:28:17 GMT

Main and Wall streets have differents opinions

According to opinion polls, the Main street wants to see Bernie Sanders as the US President while Wall street bets on Donald Trump's second victory.

Sat, 29 Feb 2020 15:57:49 GMT

Trump welcomes deal with Taliban

The US President Donald Trump welcomed on Saturday the deal concluded between the United States and Taliban saying that would help to end the longest war.

Sat, 29 Feb 2020 15:32:50 GMT

US to continue work on Blue Nile project

The US Treasury Secretary Steven Mnuchin stated on Saturday that the White House would continue to cooperate with Sudan, Ethiopia and Egypt over the Blue Nile dam.

Sat, 29 Feb 2020 14:35:05 GMT

Switzerland reduces economic forecast

An official from the Swiss Secretariat for Economic Affairs stated on Saturday that the government would downgrade its economic forecast because of coronavirus.

Sat, 29 Feb 2020 13:24:25 GMT

Sweden questions coronavirus impact

Stefan Ingves, the Governor of the Central Bank of Sweden, stated on Saturday that it was too early to draw conclusions about the impact of coronavirus on the country's economy.

Sat, 29 Feb 2020 12:27:27 GMT

Abe pledges to combat coronavirus

The Japanese Prime Minister Shinzo Abe stated on Saturday that his government would take all necessary measures to combat the widespread of coronavirus.

Sat, 29 Feb 2020 11:27:02 GMT

Toyota to build $1.2B plant

The Japanese car producer Toyota together with Chinese FAW Group is planning to invest $1.2B to build a plant in the city of Tianjin.

Sat, 29 Feb 2020 10:24:48 GMT

PKN Orlen sues mBank over interchange fees

PKN Orlen, the biggest oil refiner in Poland, has filed a claim against mBank, Visa and Mastercard for $162.07M over excessive interchange fees.

Sat, 29 Feb 2020 09:16:31 GMT

LG Display shuts down factory amid virus

On Saturday, LG Display has taken the decision to temporarily close its module factory in the city of Gumi in South Korea after one of the workers was diagnosed with coronavirus.

Sat, 29 Feb 2020 08:05:12 GMT

Cunliffe says rise of digital currency could dry up bank lending

On Friday, Jon Cunliffe, the Deputy Governor of the Bank of England, warned that the rise of cryptocurrencies could affect the supply of credit to the real economy through the banking system.

Sat, 29 Feb 2020 06:53:57 GMT

Three ex-Barclays executives acquitted over 2008 Qatar fees

On Friday, a jury at London's Old Bailey criminal court acquitted three ex-Barclays executives over the 2008 Qatar fees fraud.

Sat, 29 Feb 2020 06:08:45 GMT

US crude oil production declines

According to the US Energy Information Administration monthly statement, the US crude oil production declined to 12.78M barrels a day in December.

Sat, 29 Feb 2020 04:55:56 GMT

Zurbruegg says coronavirus outbreak triggering Swiss Franc's rise

Fritz Zurbruegg, the Vice-Chairman of Swiss National Bank, said that the increasing demand for a safe-haven Swiss Franc was due to the coronavirus outbreak.

Sat, 29 Feb 2020 03:48:05 GMT

Turkey lets Syrian refugees exit towards Europe

An official said on Friday that Turkey has opened its borders with Europe to allow Syrian refugees and other migrants to enter the European Union.

Sat, 29 Feb 2020 02:56:31 GMT

SoftBank's Ginsberg takes leave of absence

According to sources with knowledge of the matter, Softbank's Chief Communication Officer Gary Ginsberg has taken unpaid leave to help Michael Bloomberg's presidential campaign.

Fri, 28 Feb 2020 21:29:39 GMT

Cunliffe says rise of digital currency could affect bank lending

On Friday, Jon Cunliffe, the Deputy Governor of the Bank of England, warned that the rise of cryptocurrencies could affect the supply of credit to the real economy through the banking system.

Fri, 28 Feb 2020 20:02:17 GMT

Three ex-Barclays executives acquitted over 2008 Qatar fees

On Friday, a jury at London's Old Bailey criminal court acquitted three former Barclays bankers over the 2008 Qatar fees fraud case.

Fri, 28 Feb 2020 18:56:16 GMT

US crude oil production declined in December

According to the US Energy Information Administration monthly statement, the US crude oil production declined to 12.78M barrels a day in December.

Fri, 28 Feb 2020 17:45:39 GMT

Coty picks Jimmy Choo head as next CEO

On Friday, Coty Inc named Pierre Denis, the Jimmy Choo boss, as the company's next CEO, succeeding Pierre Laubies, Reuters reported on Friday.

Fri, 28 Feb 2020 16:43:06 GMT

Baidu sees Q1 revenue to fall amid coronavirus

China's Baidu, the largest search engine group, is expecting its Q1 revenue to plunge about 13% in comparison with the previous year due to the coronavirus outbreak that affects advertising an economic activity.

Fri, 28 Feb 2020 16:12:45 GMT

Hyundai's trucks to hit Swiss roads in March

Hyundai's hydrogen-powered trucks will hit the Swiss roads next month amid the South Korean carmaker's intention to set a precedent zero-emissions technology.

Fri, 28 Feb 2020 15:14:29 GMT

Elliott presses SoftBank over $10B investments

Elliott Management is putting pressure on SoftBank Group over details of nearly-$10B of the investment securities on the balance sheet, on the back of a campaign to boost the value of Japan's conglomerate.

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