News

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Mon, 10 Sep 2018 06:33:57 GMT

Aston Martin appoints new board ahead of IPO

On Monday, the luxury automaker Aston Martin has named new board, including a non-executive chairwoman, confirming the company's intention to launch the initial public offering.

Mon, 10 Sep 2018 05:19:01 GMT

Viacom shares likely to rise on reviving strategy

Viacom shares could rise up to 20% within the coming year on the firm's strategy to revive itself for digital age taking root.

Mon, 10 Sep 2018 04:40:03 GMT

Kraft Heinz still considers M&A deal

The CEO of Kraft Heinz stated on Friday the company was still considering an acquisition to the fuel growth, despite seeing rising costs and trade conflicts.

Mon, 10 Sep 2018 04:37:45 GMT

Alstom, Siemens rail merger to be decided until January 28

The EU Commission has set January 28 as a deadline to decide on the scheduled rail merger of Alstom and Siemens.

Mon, 10 Sep 2018 02:54:45 GMT

Japan GDP grows strongly in Q2

The Japanese economy grew at the fastest pace since 2016 in the April-June period, owing to capital spending increasing quickly than estimated before.

Mon, 10 Sep 2018 02:54:29 GMT

Investa to decide on Blackstone bid on Sept 17

Investa Office Fund stated it has set September 17 as the date for the company's shareholders to vote on Blackstone's $2.4B bid.

Mon, 10 Sep 2018 02:33:54 GMT

Chinese PPI growth above expectations last month

China's Producer Price Index increased 4.1% in August, slowing from the prior month's 4.6% growth, but rising above expectations for 4.0% gain, the statistics bureau said.

Mon, 10 Sep 2018 02:30:05 GMT

China CPI up 2.3% year-over-year in August

The Chinese Consumer Price Index grew 2.3% year-on-year in August, the strongest pace since February 2018 and beating expectations, the report showed on Monday.

Sun, 09 Sep 2018 20:01:45 GMT

Bannon says President Trump is facing a coup

On Sunday, former White House senior strategist Steve Bannon said that the US President Donald Trump is facing a coup, referring to a column in the New York Times.

Sun, 09 Sep 2018 20:00:58 GMT

Tens of Syrian refugees return home

The National News Agency reported on Sunday that tens of Syrian refugees have returned to their homeland from Lebanon by bus.

Sun, 09 Sep 2018 19:22:26 GMT

Swedish anti-immigration party expects to make gains

On Sunday, TV4 voter poll showed that the Sweden Democrats, the anti-immigration party, is expected to make substantial gains in the country's general elections.

Sun, 09 Sep 2018 19:14:14 GMT

Sweden's centre-left party holds slim lead

On Sunday, TV4 voter poll showed that Swedish centre-left party held an extremely slim lead over opposition centre-right alliance, in the country's general elections.

Sun, 09 Sep 2018 18:28:27 GMT

Egypt to release jailed Lebanese tourist

On Sunday, the Egyptian state-run news agency reported that the Lebanese tourist, who was sentenced to jail for eight years over a Facebook post, is set to be released.

Sun, 09 Sep 2018 18:23:54 GMT

UAE's Crown Prince issues five decrees for Executive Council

On Sunday, Mohammed Bin Zayed Al-Nahyan, the United Arab Emirates Crown Prince, announced five decrees for the Chairman of Abu Dhabi Executive Council.

Sun, 09 Sep 2018 16:58:33 GMT

Genoa's bridge reconstructions costs are revealed

On Sunday, local officials of Genoa revealed that the reconstruction of the collapsed motorway might cost up to 200 million Euros.

Sun, 09 Sep 2018 16:58:19 GMT

UK's Labour party wants to give financial stake to workers

The Labour party of the United Kingdom on Sunday revealed that it would force medium to large size companies to share ownership with the employees of the companies.

Sun, 09 Sep 2018 16:24:50 GMT

US sets trade demands on Canada

On Sunday, the chief of US agriculture revealed that Canada has to stop its milk protein low-price policy in order to update the NAFTA agreement.

Sun, 09 Sep 2018 16:18:44 GMT

Greece reveals cash buffer

On Sunday, the Prime Minister of Greece revealed that the country has a multi-billion cash reserve.

Sun, 09 Sep 2018 14:52:38 GMT

Pakistan looks for options to avoid bailout

The government of Pakistan revealed on Sunday that it is looking for ways to avoid the need for an IMF bailout.

Sun, 09 Sep 2018 14:28:20 GMT

Russians protest pension reform

On Sunday, Russian police detained more than 150 protesters, which expressed dissatisfaction with the recent pension reform.

Sun, 09 Sep 2018 14:27:42 GMT

Italians expect debt premium decline

On Sunday, the Italian government revealed that the country's officials are expecting that the premium it pays for its debt should fall, as reforms are implemented.

Sun, 09 Sep 2018 13:02:50 GMT

Greek government will not hike taxes

On Sunday, the Prime Minister of Greece announced that there will be no near term tax hikes in the country.

Sun, 09 Sep 2018 12:08:11 GMT

Greece expects fiscal surplus

Greek government on Sunday revealed that it is expecting to have a far larger budget surplus than the 3.5% surplus set by lenders.

Sun, 09 Sep 2018 12:04:32 GMT

Greece will not cut pensions

On Sunday, the Prime Minister of Greece announced that due to a high budget surplus forecast no pension cuts will be enacted in the country.

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