News

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Sat, 24 Nov 2018 20:21:05 GMT

Business growth in Eurozone hits 4-year low level

According to a survey reported on Friday, Business growth in the Eurozone retraced back in November to its lowest rate in almost four years.

Sat, 24 Nov 2018 20:19:59 GMT

Brazil's authorities indict former Brazilian President

On Saturday, Brazil's authorities indicted the former Brazilian President Luiz Inacio Lula da Silva in a new bribery case.

Sat, 24 Nov 2018 19:06:51 GMT

May vows to always stand by Gibraltar

On Saturday, the British Prime Minister Theresa May promised that the UK would always stand by Gibraltar after Britain leaves the European Union.

Sat, 24 Nov 2018 19:06:42 GMT

UK and Spain reach deal over Gibraltar, clearing way for Brexit summit

The United Kingdom and Spain have reached an agreement over the status of Gibraltar after the UK leaves the European Union, clearing the way for Brexit summit on Sunday.

Sat, 24 Nov 2018 18:17:30 GMT

Taiwan President Ing-wen resigns as party chairwoman

On Saturday, Taiwan President Tsai Ing-wen resigned as the chairperson of the Democratic Progressive Party after local election setback.

Sat, 24 Nov 2018 18:16:38 GMT

Judge rejects Trump Foundation request to dismiss lawsuit

A judge in New York has rejected the Trump Organisation request to dismiss a lawsuit filed in the state, claiming that the foundation was involved in self-dealing and misuse of the charity assets.

Sat, 24 Nov 2018 17:21:56 GMT

Japan to hold World Expo 2025

On Friday, the Bureau International des Expositions (BIE) selected Japan as the host country of the World Expo 2025, thus defeating Russia and Azerbaijan who took second and third place respectively.

Sat, 24 Nov 2018 17:17:05 GMT

DUP criticizes Brexit deal

On Saturday, the Democratic Unionist Party (DUP) held an annual meeting, in which the Deputy Leader Nigel Dodds highlighted that acceptance of Theresa May's deal would make the UK weak and dependent.

Sat, 24 Nov 2018 16:12:46 GMT

Tusk calls to approve Brexit deal

The President of the European Council Donald Tusk on Saturday called members of the European Union to approve the deal on Brexit negotiated with the UK Prime Minister Theresa May.

Sat, 24 Nov 2018 16:08:01 GMT

EU gives assurances regarding Gibraltar

According to sources familiar with the matter, the arrangement concluded between the European Union and Spain pressuposes that in future any matter related to Gibraltar could not be solved without Spain.

Sat, 24 Nov 2018 15:27:03 GMT

Spain confirm deal over Gibraltar

The Prime Minister of Spain Pedro Sanchez confirmed that a deal over Gibraltar has been reached, thus clearing the path for an EU summit.

Sat, 24 Nov 2018 15:23:13 GMT

Johnson calls to appoint another Brexit Minister

The British ex-Foreign Secretary Boris Johnson called on Saturday to appoint new minister who would be responsible for preparations for Brexit without a deal with the EU.

Sat, 24 Nov 2018 14:38:08 GMT

Growing bond yields to affect Italy

The European Central Bank Supervisor Daniele Nouy stated on Saturday that growing bond yields could negatively affect Italian economy due to banks' lower interest in lending.

Sat, 24 Nov 2018 14:35:28 GMT

US oil firms look closely to Egypt

The Petroleum Minister of Egypt Tarek El Molla stated on Sunday that more and more American companies expressed their interest in development of the country's offshore oil deposits.

Sat, 24 Nov 2018 13:09:03 GMT

Mexican economy expands 2.5% in Q3

Mexico's economy expanded at the rate of 2.5% year-on-year in the third quarter, supported mainly by the services sector with the biggest contribution coming from financial services and retail sales, the Inegi stated.

Sat, 24 Nov 2018 12:34:30 GMT

US fund investors reveal concern over credit

The US fund investors renewed concerns on quality of credit in the corporate debt market over the latest week, hitting high-yield debt funds and leveraged loan with multibillion-dollar withdrawals, Lipper data revealed.

Sat, 24 Nov 2018 11:50:28 GMT

FinMin sees Brexit deal as best option to protect UK economy

Britain's draft deal to quit the EU was the best available option to safeguard the country's economy and begin to reunite a divided country, Chancellor Philip Hammond stated.

Sat, 24 Nov 2018 11:50:14 GMT

Chinese lottery sales jump 12.2% in October

China's lottery sales grew 12.2% year-over-year to nearly $6B in October with the biggest jump of 20.5% in sales of sports lottery, the Ministry of Finance stated.

Sat, 24 Nov 2018 11:30:46 GMT

A10 Networks considers potential sale

A10 Networks, the US technology company, was exploring options, which include a possible sale of the firm, sources with the matter stated.

Sat, 24 Nov 2018 11:29:31 GMT

Total: batteries investment to depend on Asian level playing field

Oil and gas company Total is set to invest heavily in production of car batteries if it manages to compete over equal conditions with Asia's manufacturers.

Sat, 24 Nov 2018 10:11:34 GMT

Deforestation in Brazil reach 10-y high

According to government report released on Friday, this year 7.9 square kilometers were cleaned from forest in the Brazilian Amazon, thus representing the highest result in a decade.

Sat, 24 Nov 2018 10:05:58 GMT

Climate change damages US economy, report says

According to a government report published on Friday, gradual increase in emissions will inevitably damage different sectors of the US economy, such as agriculture, health care and infrastructure.

Sat, 24 Nov 2018 09:15:10 GMT

Iran calls for Muslims unity against

The President of Iran Hassan Rouhani on Saturday called all Muslims to unite and stand against injustice and violence coming from the Western countries led by the United States.

Sat, 24 Nov 2018 09:10:00 GMT

Hammond says Brexit deal is beneficial for economy

The British Finance Minister Philip Hammond said on Saturday that deal on Brexit negotiated by Theresa May would be beneficial for country not only from political point of view but also from economic.

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