News

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Sat, 18 May 2019 15:31:43 GMT

Canada to speed up new NAFTA's ratification

The Foreign Minister of Canada Chrystia Freeland stated on Saturday that the government would try to ratify the new version of the North American trade agreement (NAFTA) as fast as possible.

Sat, 18 May 2019 15:27:44 GMT

European far right parties rally ahead of elections

Multiple European far right and nationalist parties and their leaders, including Marine Le Pen and Matteo Salvini, held on Saturday a set of meetings, agitating citizens to help them win European Parliament elections.

Sat, 18 May 2019 14:35:57 GMT

Australian opposition accepts election defeat

The head of Australian opposition Bill Shorten on Saturday has accepted the loss of parliamentary elections and conceded to the government's Liberal Party.

Sat, 18 May 2019 14:29:21 GMT

Morrison's party wins Australian elections

The Prime Minister of Australia Scott Morrison congratulated his colleagues from the Liberal Party over unexpected victory in the country's parliamentary elections.

Sat, 18 May 2019 13:28:59 GMT

China's Yaqing becomes new market regulator

Xiao Yaqing, Director of China's Asset Supervision and Administration Commission (SASAC), has been appointed on Saturday that the new head of the country's State Administration for Market Regulation.

Sat, 18 May 2019 13:23:06 GMT

Agrentina's ex-President to run as VP candidate

The former Argentinian President Cristina Fernandez de Kirchner stated on Saturday that she would compete for the post of the country's Vice President in the upcoming national elections.

Sat, 18 May 2019 12:25:05 GMT

Saudi see no oil deficit

Khalid al-Falih, the Foreign Minister of Saudi Arabia, stated on Saturday that there was no shortage in oil supply, as global stockpile was still increasing, especially from the US.

Sat, 18 May 2019 12:21:11 GMT

Iran adapts to US sanctions

According to a government source quoted by the ILNA news agency, Iran has modified shipping routes, destination and overall tactics of its crude oil exports, thus adapting to the US sanctions.

Sat, 18 May 2019 11:27:25 GMT

Iran refutes war rumours

The Foreign Minister of Iran Mohammad Javad Zarif stated on Saturday that any rumours about possible war with the US were false, as the country has no desire to escalate conflict and at the same time has capabilities to defend itself.

Sat, 18 May 2019 11:23:02 GMT

Austria's Strache resigns

Heinz-Christian Strache, the Vice Chancellor of Austria and far-right leader, stated on Saturday that he would resign in order to save coalition government that could collapse because of a compromising video with him.

Sat, 18 May 2019 10:01:11 GMT

US lifts metal tariffs on Mexico and Canada

On Friday, the United States announced that it would lift tariffs on the Canadian and the Mexican metals shipments.

Sat, 18 May 2019 10:01:02 GMT

Australians set to vote on Saturday

Australians went to the poll on Saturday to vote in the country's Parliamentary election, as surveys showed that the Labor Party lead over the Liberal-National coalition is at 51.5% to 48.5%.

Sat, 18 May 2019 08:57:21 GMT

Crude oil prices edge higher

On Friday, crude oil prices hit the $73 mark per barrel. The surge was attributed to OPEC supply cuts and concern about potential disruption to the Middle East shipments.

Sat, 18 May 2019 08:57:10 GMT

Overstock's CEO Byrne hits out at shareholders

Patrick Byrne, the Chief Executive Officer of Overstock.com, defended his personal stock sale after the company's shareholders questioned the move.

Sat, 18 May 2019 07:58:36 GMT

China resolutely opposes unilateral sanctions against Iran

A senior Chinese diplomat Wang Yi told Mohammad Javad Zarif, the Iranian Foreign Minister, that China opposes unilateral US sanctions against Iran.

Sat, 18 May 2019 07:58:25 GMT

US stocks decline

Wall Street edged lower on Friday, after a three consecutive trading session of gains, following China's media tough talk on trade.

Sat, 18 May 2019 07:03:46 GMT

Samsung undecided on additional investment in China

On Friday, Samsung Electronics Co announced that it had not made a decision on further investment in its memory chip plant in Xian, China.

Sat, 18 May 2019 07:03:25 GMT

China's Central Bank to cut borrowing costs

On Friday, the Central Bank of China announced that it would cut funding costs, mostly for small companies, amid US trade tensions.

Sat, 18 May 2019 05:51:19 GMT

US consumer sentiment reaches fifteen-year high

The University of Michigan announced that the US consumer sentiment reached a fifteen-month high in early May. However, the gains were recorded before the latest US-China trade war.

Sat, 18 May 2019 05:51:00 GMT

Trump to delay decision on tariffs on imported cars and parts

On Friday, the White House announced that the US President Donald Trump would delay a decision on tariffs on cars and parts imported from Japan and the European Union.

Sat, 18 May 2019 03:59:18 GMT

Nestle to increase natural and organic products in Brazil

Nestle's head of Marketing and Communications Frank Pflaumer stated on Friday that the company would boost its natural and healthier food products in Brazil.

Sat, 18 May 2019 03:58:52 GMT

FBI to investigate J&J, GE, Philips and Siemens

According to sources with knowledge of the matter, the FBI is investigating Johnson & Johnson, Philips, Siemens and General Electric over the Brazilian graft case.

Sat, 18 May 2019 02:58:44 GMT

Brexit negotiations collapse

Brexit talks between the UK Prime Minister Theresa May and the opposition Labour Party have broken down, throwing the United Kingdom further into political disarray.

Sat, 18 May 2019 02:58:31 GMT

Shares of Pinterest decline by 17%

On Friday, Pinterest's shares edged lower by about 17% after forecast showed that it would take the company two years to become profitable.

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