News

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Mon, 09 Jul 2018 06:38:04 GMT

Indonesia CB Governor: US-China tensions to hurt GDP of some countries

Trade war between China and the United States is likely to negatively affect the economic expansion of other countries, the Indonesian Central Bank Governor stated.

Mon, 09 Jul 2018 06:35:52 GMT

Tencent to list online music businesses in US

China's internet giant Tencent Holdings stated that it was looking to spin off and list online music unit, the Chinese biggest music-streaming business, in the US.

Mon, 09 Jul 2018 05:13:01 GMT

British Steve Baker resigns

According to a government source, the British Minister at the Department for Exiting the European Union Steve Baker decided to resign along with his chief David Davis.

Mon, 09 Jul 2018 05:05:42 GMT

Oil prices up amid tight market

Crude oil prices increased by another 0.4% on Monday morning, reaching $74.09 a barrel, as investors concentrated on dense market conditions after the latest American crude inventories release, which dropped to its lowest level in three years.

Mon, 09 Jul 2018 04:18:06 GMT

Tencent wants to gain foothold in US market

Chinese Internet colossus Tencent Holdings Ltd stated on Monday that it wants to list its unit responsible for online music in the American market, making an IPO worth around $4B.

Mon, 09 Jul 2018 04:11:15 GMT

New Zealand to buy four Boeing P-8 aircraft

The Defence Minister of New Zealand Ron Mark announced on Monday a decision to acquire four Boeing P-8 aircraft worth $1.6B, using the US government as an intermediary.

Mon, 09 Jul 2018 02:59:50 GMT

China FX reserves grow unexpectedly on trade war fears

China's foreign exchange reserves rose unexpectedly in June, fuelled by changes in the value of the country's holdings and even as a concern of a trade war between the Washington and Beijing rattled markets.

Mon, 09 Jul 2018 02:54:10 GMT

Paypal to spend billions on M&A

PayPal was on the search for further acquisitions after the recent takeover of the Swedish fintech start-up iZettle for $2.2B, in the US payments firm's biggest ever deal.

Mon, 09 Jul 2018 02:34:39 GMT

Austrian, Irish PMs welcome Brexit plan

The Prime Ministers of Austria and Ireland welcomed the UK's new Brexit plan as a move forward, but stated that many questions remained to be answered in the talks ahead.

Mon, 09 Jul 2018 02:31:50 GMT

Xiaomi shares fall 2.9% on debut in Hong Kong

China's smartphone maker Xiaomi's shares dropped 2.9% on debut in Hong Kong, in a blow to investors' sentiment for the technology sector, as peers line up their own listings.

Sun, 08 Jul 2018 22:00:44 GMT

Death of UK citizen causes standoff between UK and Russia

The death of a UK citizen has caused decrease of relations between Russia and the United Kingdom, as the Novichok virus has been proved to be the cause of death.

Sun, 08 Jul 2018 21:23:05 GMT

Brazilian judges pressure Lula issue

Courts in Brazil for the third time have ordered that the former President of Brazil Luiz Inacia Lula be released from prison.

Sun, 08 Jul 2018 21:11:21 GMT

Ethiopia-Eritrea talks open embassies

The talks being held by Eritrea and Ethiopia have made another achievement, as the countries have agreed to open mutual embassies.

Sun, 08 Jul 2018 21:10:43 GMT

Civil unrest continues in Haiti

On Sunday, protesters continued to block streets of Haiti, as a fuel price increase was used as a reason for looting and damaging of property.

Sun, 08 Jul 2018 19:53:28 GMT

Eritrea-Ethiopia summit shows results

The summit of the leaders of Ethiopia and Eritrea on Sunday showed results, as the leaders set the tone for positive changes.

Sun, 08 Jul 2018 19:20:11 GMT

French authorities stop subsidies to Le Pen's party

The authorities of the French Republic on Sunday blocked 2 million euros being subsidized to the party of Marine Le Pen.

Sun, 08 Jul 2018 19:19:15 GMT

Pakistan arrests relative of ousted Prime Minister

On Sunday, Pakistani authorities detained the son-in-law of the ousted Prime Minister Nawaz Sharif, who recently received a 10 year prison sentence.

Sun, 08 Jul 2018 18:07:41 GMT

Italy denies entry to future migrants

The Italian authorities have requested that the EU sea mission no longer takes any migrants to the Italian shores.

Sun, 08 Jul 2018 18:07:25 GMT

Latest European Union deal is seen as a stepping stone

On Sunday, some analysts and media sources revealed that the EU officials see the latest migration deal as another step to turn the union into what is called Fortress Europe.

Sun, 08 Jul 2018 17:18:04 GMT

France speaks out about tariffs

The government of France on Sunday announced that the EU will retaliate against the tariffs set by Washington.

Sun, 08 Jul 2018 17:17:36 GMT

Indian tycoon ignores British threats

Vijay Mallya on Sunday revealed that he will comply with all court orders that would seek to seize his British assets. However, he announced that nothing in the UK is in his name except the family residence.

Sun, 08 Jul 2018 15:51:15 GMT

South Sudan reinstates Vice President

The government of South Sudan has reinstated Riek Machar the previous Vice President to his position.

Sun, 08 Jul 2018 15:34:53 GMT

Telephone connections are restored between Ethiopia and Eritrea

As the peace talks began between Ethiopia and Eritrea, direct international phone calls between the countries were restored on Sunday.

Sun, 08 Jul 2018 15:25:53 GMT

Boris Johnson opposes May's plan

According to some reports Boris Johnson strongly opposed the PM's of the UK Brexit plan that was approved on Friday.

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