News

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Tue, 28 Aug 2018 17:28:24 GMT

Polish president plans to visit White House

The Polish President Andrzej Duda plans to make a visit to the White House in September to discuss bilateral ties with the US President Donald Trump, the White House says.

Tue, 28 Aug 2018 15:58:01 GMT

Best Buy online sales growth weakens in Q2, shares drop

Best Buy reported a sharp fall in online sales growth for the Q2 and suggested a forecast of profit for the next quarter, which fell short of market estimates, sending shares down 7% in early trading.

Tue, 28 Aug 2018 15:52:56 GMT

Starbucks, Nestle conslude $7.15B licensing deal

Starbucks and Nestle stated that they wrapped up the licensing deal for the Swiss food major to market packaged coffees and teas of the the US coffee maker around the world.

Tue, 28 Aug 2018 15:19:07 GMT

US trade deficit grows, as exports decline

The US goods trade deficit widened strongly in July, as agricultural products' exports tumbled, suggesting trade is likely to weigh on economic expansion in the third quarter.

Tue, 28 Aug 2018 15:16:15 GMT

Chipotle, DoorDash to partner in delivery service

Chipotle Mexican Grill stated that it is set to establish partnership with delivery firm DoorDash, as the company looked to get more clients to eat its tacos and burritos, when traffic at restaurants fell.

Tue, 28 Aug 2018 13:48:57 GMT

Kingdom Trust acquires crypto insurance

A company, which stores digital currency, Kingdom Trust has acquired coverage insurance through Lloyd's of London to safeguard against theft and destruction of crypto assets.

Tue, 28 Aug 2018 13:48:47 GMT

Spotinst raises $35 million

A US-Israeli cloud services optimizing startup Spotinst has secured $35M in in a financing round. This brings the upcoming startup's total capital to $53M.

Tue, 28 Aug 2018 13:09:22 GMT

ECB chief economist warns about ECB's policy

The chief economist of ECB Peter Praet on Tuesday announced that the bank has to closely monitor the risks associated with monetary easing.

Tue, 28 Aug 2018 12:24:34 GMT

US Dollar remains near one month low

On Tuesday, the US Dollar remained near a monthly low level against its most rival currencies. The reason for the declines was the trade agreement made by the US and Mexico counterparts.

Tue, 28 Aug 2018 12:17:46 GMT

Tiffany's beats sales results

The upscale jewelry chain Tiffany & Co has beat the company's earnings estimates forecast by Wall Street analysts, causing a surge in the company' stock price.

Tue, 28 Aug 2018 12:16:45 GMT

US futures markets surge on Tuesday

The US stock index futures surged on Tuesday, as the US and Mexico trade agreement was made, averting a trade war.

Tue, 28 Aug 2018 11:14:30 GMT

Irish FM: UK needs to clarify Brexit stance

On Tuesday, the Foreign Minister of Ireland Simon Coveney claimed that the UK needs to clarify its position on the planned country's departure from the EU in 2019.

Tue, 28 Aug 2018 11:05:40 GMT

UK PM May: Britains supports land reform in South Africa

On Tuesday, the UK Prime Minister Theresa May claimed that Britain supports the program of the land reform in South Africa provided it is done legally and transparently.

Tue, 28 Aug 2018 10:14:46 GMT

Deloitte reports 6% growth in revenue in UK and Switzerland

On Tuesday, Deloitte reported a 6% increase in the full-year revenue in Switzerland and the UK with the most significant growth in audit and risk advisory divisions.

Tue, 28 Aug 2018 10:09:20 GMT

Apollo Global Management to acquire Aspen Insurance for $2.6B

On Tuesday, a Partner of investment company Apollo Global Management LLC claimed that his company is planning to acquire Aspen Insurance Holdings Ltd for $2.6B in the first half of 2019.

Tue, 28 Aug 2018 09:01:51 GMT

May assume no-deal Brexit

According to the Sky news, the British Prime Minister Theresa May said on Tuesday that exit from the European Union without a deal still would not be fatal.

Tue, 28 Aug 2018 09:01:06 GMT

Albayrak warns against American sanctions

The Finance Minister of Turkey Berat Albayrak stated on Tuesday that American sanctions against his country could increase instability in the region and eventually lead to intensification of terrorist activities.

Tue, 28 Aug 2018 08:06:51 GMT

French Minister Hulot resigns

The Environment Minister of France Nicolas Hulot resigned on Tuesday amid lack of progress made to restrain climate change, protect biodiversity and meet other environmental goals.

Tue, 28 Aug 2018 08:06:42 GMT

UK to intensify trade with Africa

The British Prime Minister Theresa May said on Tuesday that the government will use its international aid budget in order to maintain its national interests on African continent.

Tue, 28 Aug 2018 07:27:06 GMT

Turkish Lira declines against the US Dollar

On Tuesday, the Turkish Lira fell against the US Dollar, as traders and investors evaluate Turkey's efforts to manage its strained relationship with the United States.

Tue, 28 Aug 2018 07:26:47 GMT

Iran's parliament not satisfied by Rouhani's answers

Iranian lawmakers said on Tuesday that they are not convinced, by President Hassan Rouhani's answered on questions regarding his government's handling of Iran's weak economic growth.

Tue, 28 Aug 2018 06:20:45 GMT

Rouhani appears before lawmakers' to answer questions on Iran's economic

On Tuesday, President Hassan Rouhani appeared before lawmakers' in a parliamentary session, to answer questions on his government's handling of Iranian economic struggles.

Tue, 28 Aug 2018 06:16:48 GMT

Iran's Rouhani promises to defeat anti-Iranian representatives in WH

On Tuesday, the Iranian President Hassan Rouhani said to a parliamentary session, that his government would defeat Washington plot against the Islamic Republic.

Tue, 28 Aug 2018 05:10:37 GMT

Oil prices surge on Tuesday morning

Crude Oil prices rose on Tuesday morning. The surge was caused by reports of supply decrease in Venezuela, Africa and Iran.

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