News

Note: This section contains information in English only.
Mon, 03 Sep 2018 12:56:33 GMT

UK government wants to keep Carney

The finance ministry of the United Kingdom is negotiating with Bank of England about Mark Carney staying longer as Governor of the central bank.

Mon, 03 Sep 2018 12:56:24 GMT

Mercedes-Benz take on Tesla

Mercedes-Benz are planning to release a new electric SUV on Tuesday. This event is set to mark the company's competition in the electric car market.

Mon, 03 Sep 2018 11:54:32 GMT

IKEA does damage control after scandal

IKEA representatives apologized publicly after a customer in Hyderabad in India found caterpillars in his lunch at one of the IKEA stores.

Mon, 03 Sep 2018 11:53:28 GMT

Andrea Enria applies for ECB watchdog position

The chairman of the European Bank Authority Andrea Enria has sent in his application to become the head of the ECB's Single Supervisory Mechanism.

Mon, 03 Sep 2018 10:09:12 GMT

China to provide $60B in support to Africa

Chinese President Xi Jinping claimed that China is going to provide $60B in financial aid to supprot Africa in the form of investments from companies and financial institutions and government's help. 

Mon, 03 Sep 2018 10:02:59 GMT

China prohibits pig shipment from African swine fever areas

The Chinese government has prohibited the import of pigs from Anhui, Liaoning, Jiangsu, Zhejiang and Henan provinces recently affected by Africaт swine fever.

Mon, 03 Sep 2018 09:07:40 GMT

Russia calls for action in Idlib

The Foreign Minister of Russia Sergei Lavrov stated on Monday that situation in the province of Idlib held by militants and terrorist organizations could not be tolerated endlessly.

Mon, 03 Sep 2018 09:02:27 GMT

Iran calls to banish terrorists from Idlib

The Foreign Minister of Iran Mohammad Javad Zarif urged on Monday to drive away all militants and terrorists from the Syrian province of Idlib.

Mon, 03 Sep 2018 08:02:51 GMT

Singapore and Malaysia postpone rail project

The Edge newspaper reported on Saturday that Malaysian government agreed with their Singapore colleagues to the postpone construction of a high-speed railroad for two years.

Mon, 03 Sep 2018 08:02:46 GMT

Italy projects 3% budget deficit next year

The Deputy Prime Minister of Italy Matteo Salvini stated on Monday he projected that the country's 2019 budget deficit will be close to 3%, thus staying within the boundaries of the limit set by the EU.

Mon, 03 Sep 2018 06:59:37 GMT

Kuroda warns of high-frequency trading

On Monday, the Bank of Japan Governor Haruhiko Kuroda warned that the risk from high-frequency trading could exasperate price moves and hurt financial market stability.

Mon, 03 Sep 2018 06:59:29 GMT

Starbucks gets new partner in New Zealand

On Monday, the Fast-food group Restaurant Brands New Zealand Ltd said it would allow its license to expire in October, which paves the way for Starbucks Corp to get a different partner in NZ.

Mon, 03 Sep 2018 06:19:27 GMT

President Xi says funds for Africa is for infrastructure

On Monday, the Chinese President Xi Jinping said that the funds provided for Africa are to build infrastructure and not for vanity projects.

Mon, 03 Sep 2018 06:18:16 GMT

CEO of Chinese e-commerce giant JD.com is released

The JD.com Inc. billionaire CEO Richard Liu who was arrested on suspicion of sexual misconduct in the US is released.

Mon, 03 Sep 2018 05:03:03 GMT

Courts prohibits Lula to run for presidency

The Superior Electoral Court of Brazil in a simple majority vote decided on Sunday to ban the country's former leader Luiz Inacio Lula da Silva from running for presidency again.

Mon, 03 Sep 2018 04:57:34 GMT

Oil drops amid US data

Crude oil prices fell 0.3% or 18 cents on Monday, reaching $69.62 per barrel, amid increasing supply from the United States and members of the OPEC.

Mon, 03 Sep 2018 04:20:38 GMT

Australian retail sales down 0.4%

The Australian Bureau of Statistics (ABS) reported on Monday that retail sales fell from 0.4% growth rate in previous month to zero, which is the worst result in six month.

Mon, 03 Sep 2018 04:15:48 GMT

China temporary bans pig imports from Africa

The Chinese Ministry of Agriculture and Rural Affairs on Monday imposed a temporary prohibition on imports of pork products and pigs from African regions affected by swine fever.

Mon, 03 Sep 2018 03:12:00 GMT

Australian retail sales fade in July

Australia's retail sales faded in July, as shoppers restrained from spending on clothing, household goods,and department stores, indicating a subdued beginning for the Q3 of the year.

Mon, 03 Sep 2018 03:07:37 GMT

Ford to diminish car models within restructuring plan

The US automaker Ford Motor announced plans to cut production of some of models within an operational restructuring declared earlier in 2018, sources told The Times.

Mon, 03 Sep 2018 02:32:34 GMT

China's manufacturing growth slowest in 14 months

The Chinese manufacturing activity expanded at the weakest pace in 14 months in August, as export orders fell for a fifth month in succession and employers cut more staff, a survey revealed.

Mon, 03 Sep 2018 02:27:48 GMT

Japanese manufacturing PMI grows in August

Japan's manufacturing activity accelerated in August at a faster pace than the prior month, as new orders increased, but a drop in export orders may raise concerns over the trade protectionism's impact.

Sun, 02 Sep 2018 19:51:38 GMT

Government offices close in Aden

Government officials of Yemen on Sunday closed their offices, as the city was engulfed into protests.

Sun, 02 Sep 2018 19:50:59 GMT

Port city of Aden is paralyzed by protests

Due to the local Yemeni currency losing value and other economic difficulties protesters bocked roads and burned tires in the port city of Aden.

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