News

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Mon, 10 Feb 2020 04:01:22 GMT

Abu Dhabi in negotiations with banks

According to sources with knowledge of the matter, Abu Dhabi government is in talks with banks for possible debt sales to the global markets.

Mon, 10 Feb 2020 02:51:36 GMT

Mattel to close Canada factory

According to the Wall Street Journal report on Sunday, Mattel Inc will shut down the Canadian factory after closing two manufacturing plants in Asia.

Sun, 09 Feb 2020 20:58:23 GMT

Trump to propose budget changes

According to the White House officials, the US President Donald Trump is expected to propose tomorrow 21% decrease of budget of foreign aid and social safety programs.

Sun, 09 Feb 2020 20:02:16 GMT

Sinn Fein wants to enter Irish government

Mary Lou McDonald, the head of the Irish nationalist party Sinn Fein, stated on Sunday it would be undemocratic and unjust to forbid the party from becoming part of the Irish government.

Sun, 09 Feb 2020 18:47:12 GMT

Storm hits Britain

The storm Ciara reached the United Kingdom on Sunday. The storm caused cancellation of train and flight services, which hit the economy.

Sun, 09 Feb 2020 17:43:52 GMT

Kashmir goes on strike

On Sunday, a general strike started in Kashmir, as the Jammu Kashmir Liberation Front marked an anniversary.

Sun, 09 Feb 2020 16:50:17 GMT

Boeing plane makes hard landing

On Monday morning, the stock of Boeing could decline, as on Sunday a Boeing airplane made a hard landing in Russia.

Sun, 09 Feb 2020 15:44:07 GMT

Shenzhen comments on Foxconn

On Sunday, the local government of Shenzhen announced that Foxconn should soon resume its operations, as the company has passed inspection.

Sun, 09 Feb 2020 14:54:28 GMT

Abu Dhabi negotiates with banks

Reuters revealed on Sunday that Abu Dhabi government is in the process of negotiating the sale of debt in the global markets.

Sun, 09 Feb 2020 13:41:26 GMT

Coronavirus impacts pork prices

On Sunday, the Agriculture Ministry of China stated that the coronavirus has delayed the opening of pork production facilities and caused a further increase of prices.

Sun, 09 Feb 2020 12:43:23 GMT

China helps key industries

The Chinese state media announced on Sunday that the government would help workers of key industries to return to work.

Sun, 09 Feb 2020 12:26:24 GMT

Chinese Ambassador comments on Huawei

On Sunday, the Ambassador of China to the United Kingdom Liu Xiaoming stated that the UK's government is conducting a witch-hunt on Huawei.

Sun, 09 Feb 2020 10:28:15 GMT

Argentina postpones payment of debt

The Vice President of Argentina Cristina Fernandez de Kirchner stated on Saturday that the country would not pay its debt to the International Monetary Fund until the recession ends.

Sun, 09 Feb 2020 09:47:29 GMT

Siemens Mobility to build Luanda Surface Metro

According to a memorandum of understanding, Siemens Mobility, the German transportation firm, would build in Angola the Luanda Surface Metro this year.

Sun, 09 Feb 2020 09:04:27 GMT

US asks assistance on coal export

The Energy Secretary Dan Brouillette stated on Friday he hoped that neighbouring Mexico and Canada would help to export American coal to the Asian market.

Sun, 09 Feb 2020 07:41:39 GMT

Argentina is not paying debt

The Vice President of Argentina Cristina Fernandez de Kirchner announced on Sunday that Argentina would not pay its debt to the IMF until the country is out of recession.

Sun, 09 Feb 2020 07:31:30 GMT

Tesla gets government support

On Sunday, the Economy Minister of Germany Peter Altmaier stated that Tesla could receive subsidies for its new factory in Germany.

Sun, 09 Feb 2020 04:47:40 GMT

AXA to sell CEE business to Uniqa

France's AXA agreed with Austria's insurer Uniqa to sell the company's operations in Czech Republic, Poland and Slovakia for €1B.

Sat, 08 Feb 2020 23:02:48 GMT

Lufthansa to cancel some flights before storm

Germany's airline Lufthansa state that storm Sabine, which is likely to hit parts of Europe during the weekend, will lead to delays and flight cancellations.

Sat, 08 Feb 2020 21:06:48 GMT

Bank of Italy warns of economic slowdown

The Bank of Italy stated on Saturday that the outbreak of coronavirus could significantly affect the country's economic growth this year.

Sat, 08 Feb 2020 20:14:00 GMT

Credit Suisse hopes to remain in company

Urs Rohner, the Credit Suisse Chairman, stated on Saturday that he hoped to stay in the company until the end of the term despite a spying scandal.

Sat, 08 Feb 2020 18:53:32 GMT

China approves new IPOs

The China Securities Regulatory Commission approved IPO of Zhejiang Jianye Chemical and Risuntek, a report published by the commission shows.

Sat, 08 Feb 2020 18:00:20 GMT

Rwanda central bank expects 8.1% growth

The central bank of Rwanda expects 8.1% economic growth in 2020 after an average growth of 10.9% in the first three quarters of 2019, the governor of the National Bank of Rwanda John Rwangombwa says.

Sat, 08 Feb 2020 17:01:31 GMT

Russia decreases key lending rate

The Russian central bank decreased the key lending rate to 6% from 6.25% amid slower than expected inflation, a report published by the bank shows.

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