News

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Sat, 25 May 2019 15:30:47 GMT

Trump calls Japan to invest more in US

During an official visit to Japan, the US President Donald Trump called local businesses, such as Toyota, Honda and SoftBank to increase their investments in the US.

Sat, 25 May 2019 13:46:10 GMT

Amazon shareholders deny facial recognition ban

On Friday, Amazon.com shareholders rejected a proposal to sell face recognition software to government agencies. Only two percent voted for the proposal.

Sat, 25 May 2019 13:02:17 GMT

Boeing stocks reach two-week high

During this week, Boeing stock ended trading at a two-week high level. The surge was caused by the recent approval of 737 MAX flights.

Sat, 25 May 2019 12:11:18 GMT

SpaceX filings reveal investment

On Saturday, the reveal of the SpaceX financial filings revealed that the company has raised in investment nearly one billion USD during the last six months.

Sat, 25 May 2019 10:47:33 GMT

Trump visits Japan

On Saturday, US President Donald Trump arrived in Japan for a mostly ceremonial visit. The visit is meant to showcase strong ties between Tokyo and Washington.

Sat, 25 May 2019 10:20:16 GMT

Chinese regulators comment on Yuan

The banking and insurance regulators of China announced on Saturday that the Yuan will not decline. Moreover, the officials announced that Yuan short sellers will suffer.

Sat, 25 May 2019 08:52:54 GMT

Huawei losses are calculated

During this week, various analysts have published updates to Huawei profiles. In general, analysts expect a quarterly drop in sales during this year.

Sat, 25 May 2019 08:25:48 GMT

Trump defies Congress

On Friday, it was revealed that the US President Donald Trump has ignored objections made by the US Congress and made an eight billion USD arms sale to Saudi Arabia.

Sat, 25 May 2019 07:06:58 GMT

UK's new PM must move quickly to deliver Brexit

Boris Johnson, former Britain's Foreign Secretary, said that the new UK's Prime Minister must deliver proper Brexit.

Sat, 25 May 2019 06:28:58 GMT

Mexico's economy decline in Q1

According to data from the national statistics agency, the Mexican economy declined by 0.2% in the Q1 of 2019, as economists see gloom ahead.

Sat, 25 May 2019 05:26:53 GMT

Hunt plans to run for Conservative leadership

According to the Farnham Herald report, Jeremy Hunt, the UK Foreign Secretary, would run for the Conservative Party leadership.

Sat, 25 May 2019 04:06:36 GMT

Oil remains stable ahead of long weekend

On Friday, crude oil prices remained stable ahead of the long weekend holiday in the United States and the United Kingdom. However, the commodity was on track for 2019's biggest weekly decline.

Fri, 24 May 2019 20:01:44 GMT

New Zealand exports to China hit record

Exports of New Zealand's goods to China rose $1.76B to an all time high of $9.77B for the year ended in April, the Statistics New Zealand reports.

Fri, 24 May 2019 18:57:52 GMT

Turkish banks to support economy

Turkish banks will provide $4.9B financing package to support the manufacturing and other sectors, the Finance Minister Berat Albayrak says.

Fri, 24 May 2019 18:01:18 GMT

Mexican economy contracts

The Mexican economy contracted by 0.2% in the first quarter of the current year, compared to the previous three months, the national statistics agency INEGI reports.

Fri, 24 May 2019 16:59:52 GMT

Taiwan lowers GDP forecast

The economy of Taiwan will expand 2.19% to $24.827B in 2019, a decline from a previous forecast of 2.27%, Taiwan's statistical authority reports.

Fri, 24 May 2019 15:58:32 GMT

British retail sales increase

British retail sales increased by 5.2% in April 2019, compared to the same period the previous year, the Office for National Statistics reports.

Fri, 24 May 2019 15:21:53 GMT

CATA sees losses from 737 jet grounding

On Friday, the China Air Transport Association stated it was expecting losses at China airlines due to Boeing's 737 MAX jets grounding that would reach up to $579.32M by the next month-end.

Fri, 24 May 2019 14:37:35 GMT

Liberty-Vodafone probe extended by two weeks

The European antitrust regulators made a decision to extend their probe into Vodafone's $22B offer to acquire the bloc's and German cable networks of Liberty Global to July 23, according to the EU Commission's filing seen on Friday.

Fri, 24 May 2019 13:06:31 GMT

Japan likely to lift taxes amid US-Sino trade war

The 10-month trade war between China and the United States might be the main factor for Japan's sales tax hike decision this year, if the country's economy remains in the current state, the Prime Minister Shinzo Abe stated on Friday.

Fri, 24 May 2019 12:38:49 GMT

Huawei sees shipments drop by as much as quarter in 2019

China's Huawei is expecting a decline in shipments by up to a quarter in the current year, as the Chinese tech giant was hit by US sanctions, which threaten to remove its smartphones from the international markets.

Fri, 24 May 2019 10:44:06 GMT

Theresa May resigns

On Friday, Theresa May announced that she will leave her post as the Prime Minister of the United Kingdom in two weeks. Meanwhile, Ireland already revealed that nothing will change in the Brexit negotiations.

Fri, 24 May 2019 10:22:25 GMT

Oil climbs toward $69, still set for biggest weekly loss

On Friday, oil climbed toward $69 a barrel following two loss sessions; however, is still set for the 2019's biggest weekly fall amid surging inventories and economic slowdown concerns.

Fri, 24 May 2019 09:16:44 GMT

Pennsylvania's PUC approves Sprint-T-Mobile deal

The Public Utility Commission of Pennsylvania granted its approval for T-Mobile's $26B takeover of its smaller competitor Sprint Corp, bringing the deal closer to its completion.

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