News

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Thu, 30 Aug 2018 09:26:02 GMT

Zarif meets with Erdogan

The Foreign Minister of Iran Mohammad Javad Zarif met on Thursday with Turkish President Recep Tayyip Erdogan in Ankara to discuss widely expected offensive in Northern Syria by Assad's army.

Thu, 30 Aug 2018 09:21:04 GMT

France calls for cooperation with Russia on defence matters

The President of France Emmanuel Macron stated on Thursday that the European Union must establish and maintain strategic relations with Russia on defence matters, thus ensuring greater sustainability on the continent.

Thu, 30 Aug 2018 08:39:02 GMT

Scholz expects movement of Euro clearing to Frankfurt

The Finance Minister of Germany Olaf Scholz stated on Thursday he expected that a major part of Euro clearing would gradually move to continental Europe and Frankfurt.

Thu, 30 Aug 2018 08:34:38 GMT

Shen Jinlong to visit US

The China's Defence Ministry stated on Thursday that its Navy commander Shen Jinlong will make an official visit to the United States next month to discuss escalating trade tensions between two countries.

Thu, 30 Aug 2018 07:03:33 GMT

Pound remains stable after EU offers UK a post-Brexit relationship

The Pound Sterling remained stable in the Asian session on Thursday after the European Union offered Britain a post-Brexit partnership.

Thu, 30 Aug 2018 07:03:19 GMT

Hyundai to exports China-made vehicles to Southeast Asia

According to reports, Hyundai Motors Co planned to exports China-made vehicles to Southeast Asia.

Thu, 30 Aug 2018 06:22:38 GMT

Asia shares retrace amid China-US trade war

Asian shares pullback earlier gains and decline on Thursday, with Chinese markets, focused heavily on risks from the US-China trade tensions.

Thu, 30 Aug 2018 06:20:00 GMT

Thais struggle to keep up, as debt levels rises

Thailand citizens are struggling to pay off their banks loan amid increased in the country's debt, amounting to $372 billion.

Thu, 30 Aug 2018 05:04:22 GMT

Vodafone, TPG Telecom merge to take on rivals

Australia's TPG Telecom accepted a merger with Australian business of Vodafone Group, easing competition in the throat sector and buying scale to take on rivals Optus and Telstra Corp.

Thu, 30 Aug 2018 05:00:46 GMT

Panasonic to move EU headquarters to Amsterdam

Panasonic Corp is expected to move European headquarters to Amsterdam from London in October to avoid possible tax issues related to Brexit, the Nikkei Asian Review stated.

Thu, 30 Aug 2018 04:32:31 GMT

Salesforce forecasts quarterly profit below projections

Salesforce.com forecast profit for the current quarter below analysts' estimates, as the company invests heavily to encourage sales and fend off increasing competition.

Thu, 30 Aug 2018 04:22:53 GMT

Dyson outlines plans for EV test track

James Dyson, the UK inventor of the bagless vacuum cleaner, outlined plans to create new testing facilities and invest $150M to develop an electric vehicle to be launched by 2020.

Thu, 30 Aug 2018 03:30:36 GMT

Apple acquires startup making lenses for AR glasses

Apple bought a startup aimed at producing AR glasses' lenses, with ambitions to make a device that would be capable of superimposing digital information on the real world.

Thu, 30 Aug 2018 03:24:22 GMT

PayPal announces partnership with Itaú Unibanco

Digital payments firm PayPal announced its partnership with Itaú Unibanco Holding, Brazil's biggest private lender, to provide services to the Bank's card clients.

Thu, 30 Aug 2018 02:32:11 GMT

UK car output falls 11% in July

Britain's car production dropped 11% year-over-year in July, hit by model seasonal adjustments, model changed and preparations for tougher emissions standards, an industry body stated.

Thu, 30 Aug 2018 02:28:14 GMT

Hyundai to ship cars made in China to Southeast Asia

Hyundai Motor announced plans to ship China-made vehicles to Southeast Asia, as a drop in China's sales left much of manufacturing capacity idled.

Wed, 29 Aug 2018 20:34:56 GMT

Insee: French economy expands 0.2%

The French economy expanded 0.2% in the second quarter of 2018, the same pace as in the first quarter, France's statistics institute Insee reports.

Wed, 29 Aug 2018 20:34:04 GMT

Dubai Airport reports busy month in July

The Dubai International Airport handled 8.2M passengers at the airport in July, its second busiest month in history, the state news agency WAM reports.

Wed, 29 Aug 2018 19:30:56 GMT

ASEAN ministers sign agreements to promote trade

Economic ministers from the Association of Southeast Asian Nations signed two accords in Singapore on Wednesday, which are expected to facilitate trading.

Wed, 29 Aug 2018 19:29:46 GMT

British PM visits Nigeria

The British PM Theresa May arrived in Nigeria on Wednesday, a first visit to Africa as British PM, seeking closer relations on trade and security with the country.

Wed, 29 Aug 2018 18:12:05 GMT

Albania's public debt decreases $109M in 6 months

The Albanian public debt declined by $109M in the first six months of 2018, the Albanian Ministry of Finance and Economy reports.

Wed, 29 Aug 2018 18:11:26 GMT

Russian FM: Russia, Turkey consider anti-terrorist operation in Syria

Russia and Turkey are reviewing an anti-terrorism operation in the Syrian province of Idlib close to the border with Turkey, the Russian Foreign Minister Sergei Lavrov says.

Wed, 29 Aug 2018 17:24:40 GMT

Indian PM to attend BIMSTEC summit

The Indian Prime Minister Narendra Modi plans to attend the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) summit in Nepal.

Wed, 29 Aug 2018 17:23:58 GMT

US economic growth revised to 4.2% in Q2

The US economic growth has been revised to an annual rate of 4.2% in the second quarter of 2018, a small increase from the previous estimate of 4.1%, the US Commerce Department reports.

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