News

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Sun, 20 Jan 2019 12:33:27 GMT

EVs may become unaffordable for some people

Hans Dieter Poetsch, Volkswagen's chairman, stated on Sunday that the move to electric cars would make vehicles more expensive; thus, they might become unaffordable for some people on lower incomes.

Sun, 20 Jan 2019 11:39:04 GMT

Washington's Kudlow sees progress in US-China trade talks

Larry Kudlow, the Economic Adviser for the US White House, stated that China and the United States were making a progress on their trade talks, but it might take time to reach the agreement.

Sun, 20 Jan 2019 11:36:49 GMT

SBI waits for decision on Etihad's bid for Jet Airways

The State Bank of India lenders are waiting for SEBI regulators to make a decision on the Etihad Airways proposed deal for the debt-laden Jet, SBI's Chairman Rajnish Kumar stated.

Sun, 20 Jan 2019 10:31:52 GMT

Britons to back Brexit in possible second referendum

On Sunday, the Eurotunnel boss, Jacques Gounon, stated that britons would vote for the Brexit again, if second referendum took place.

Sun, 20 Jan 2019 10:25:54 GMT

Panasonic, Toyota to lunch EV battery JV next year

Panasonic Corp and Toyota Motor are planning to set up a joint venture in 2020 to develop batteries for electric cars, seeking to compete with the companies' rivals in China.

Sun, 20 Jan 2019 09:37:25 GMT

Israel's BCom explores private offering of 8M shares

On Sunday, B Communications stated it was considering to launch an offering of about 8M shares in private auction in Israel, as it sought to certain the country's institutional and accredited investors.

Sun, 20 Jan 2019 09:32:30 GMT

EU approves BASF takeover of Solvay's nylon business

The German chemical group BASF won the European Commission's conditional approval for the acquisition of the Belgian rival Solvay's nylon business, in a deal valued at $1.8B.

Sun, 20 Jan 2019 07:50:52 GMT

Australians demand safe streets

Nearly three thousand people marched in Melbourne in Australia calling for the enforcement of the safety of the streets after an exchange student recently was murdered.

Sun, 20 Jan 2019 07:49:49 GMT

Saudi Arabia strikes Yemeni capital

On Sunday, the coalition lead by Saudi Arabia launched air strikes at the capital of Yemen, which is held by the Houthi rebels.

Sun, 20 Jan 2019 07:33:13 GMT

Paris informs Tokyo about Renault and Nissan

The French government has sent a delegation to Tokyo. The purpose of the delegation is to seek the integration of Nissan and Renault under a holding company.

Sun, 20 Jan 2019 07:32:43 GMT

Pinduoduo reports online theft

Chinese online discounter group Pinduoduo announced on Sunday that it has reported to the police an online collective exploitation of loophole in its system that gave clients millions of worth of discounts.

Sun, 20 Jan 2019 05:43:49 GMT

Congo top court declares Tshisekedi as president-elect

On Sunday, the Constitutional Court of Congo confirmed that Felix Tshisekedi has won the country's presidential election. Meanwhile, an opposition leader has announced himself the winner.

Sun, 20 Jan 2019 05:42:08 GMT

Nancy Pelosi rejects Trump's offer

Late on Saturday, the House of Representatives of the United States Speaker Nancy Pelosi, who heads the Democrats, announced that the Trump's latest offer that would end the government shutdown is unacceptable.

Sun, 20 Jan 2019 05:32:21 GMT

China' growth sets a record low

On Sunday, the market consensus was that China will report its lowest economic growth in 28 years on Monday, as weak local demand and US tariffs have damaged the economy.

Sun, 20 Jan 2019 05:31:55 GMT

EU has to approve Siemens/Alstom deal

The French Finance Minister has announced that the European Union has to approve the tie-up deal between the French group Alstom and Germany's Siemens.

Sun, 20 Jan 2019 03:40:35 GMT

Trump proposes solution to government shutdown

On Saturday, the US President Donald Trump officially proposed a solution to the US government shutdown. In general, the President is willing to give up his stance on DACA for the construction of a border wall.

Sun, 20 Jan 2019 03:40:10 GMT

EU might tax digital companies starting from March

On Saturday, the Finance Minister of Frace Bruno Le Maire revealed in an interview that a European Union tax on top global digital companies might be enacted by the end of March.

Sun, 20 Jan 2019 03:28:45 GMT

Michelin CEO might lead Renault

The Finance Minister of France Bruno Le Maire announced in an interview on Sunday that the Michelin CEO Jean-Dominique Senard is a good choice to lead Renault.

Sun, 20 Jan 2019 03:28:18 GMT

Theresa May puts hopes on Irish treaty

On Sunday, it was announced by a newspaper that the Prime Minister of the United Kingdom is looking for a bilateral agreement with Ireland, which would remove the backstops in the Brexit process.

Sat, 19 Jan 2019 20:46:32 GMT

Merkel comments on Brexit

The Chancellor of Germany on Saturday announced that she will do all that is in her power to create the needed conditions for an orderly Brexit with the closing of an agreement between the UK and the EU.

Sat, 19 Jan 2019 20:33:18 GMT

Serbs protest against President

On Saturday, almost ten thousand people marched in the streets of Belgrade to protest against the ruling President Aleksandr Vucic. The protestors demanded freedom of media.

Sat, 19 Jan 2019 20:29:11 GMT

General Motors sends warning to employees

General Motors Company in Brazil has issued a warning to its employees that there will be a turnaround plan implemented in an effort to return profitability of the unit in the country.

Sat, 19 Jan 2019 20:28:40 GMT

Democrats dismiss Trump's offer

As it was leaked that Donald Trump was about to offer an immigration deal to the Democrats that would end the government shutdown, various Democrat party members dismissed it as inadequate.

Sat, 19 Jan 2019 18:50:54 GMT

US demands regular Chinese trade reviews

On Saturday, it was revealed that the US officials are pushing for the creation of regular reviews of the progress that China is or is not making in regards to promised trade reforms.

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