News

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Mon, 16 Dec 2019 11:02:07 GMT

European shares hit record high

During Monday's European trading session, stock indices continued their Brexit clarity surge.

Mon, 16 Dec 2019 10:00:35 GMT

German economy stagnates

On Monday, the Economy Ministry of Germany announced that the German economy is mostly stagnating.

Mon, 16 Dec 2019 09:00:38 GMT

China's industrial and retail sectors beat expectations

On Monday, data from the National Bureau of Statistics showed that growth in China's retail and factory sectors was better-than-expected in November.

Mon, 16 Dec 2019 07:59:58 GMT

Asian shares surge on Monday

On Monday, Asian shares reached its highest level in almost eight months after China and the United States agreed on phase one of the trade deal.

Mon, 16 Dec 2019 07:14:27 GMT

China's new home prices grow at slowest pace

According to the National Bureau of Statistics, average new home prices in China grew at 0.3% in November, the lowest since February 2018.

Mon, 16 Dec 2019 06:12:16 GMT

Japan, South Korea hold trade talks

On Monday, official representatives of Japan and South Korea met in Tokyo for the first time in almost four years to discuss bilateral trade relations.

Mon, 16 Dec 2019 05:19:41 GMT

China's Linghui calls US to continue talks

Fu Linghui, the China's National Bureau of Statistics Spokesman, stated on Monday that the US and Chine should continue negotiations to, eventually, remove all existing tariffs.

Mon, 16 Dec 2019 04:00:29 GMT

Lighthizer says China-US trade deal totally done

Robert Lighthizer, the US Trade Representative, said on Sunday that the phase 1 of the US-China trade agreement, which was reached last week, is totally done.

Mon, 16 Dec 2019 03:02:36 GMT

Germany's trade union calls for Amazon strike

The German trade union has called for a pre-Christmas strike for workers at Amazon's logistics centre, hoping to force a better work condition and better pay for employees there.

Sun, 15 Dec 2019 20:45:49 GMT

Verdi calls for Amazon strike

The German trade union Verdi urged on Sunday to organize a pre-Christmas strike in the main Amazon's logistic centre in the country.

Sun, 15 Dec 2019 20:34:30 GMT

Denmark increases financing needs

The Finance Ministry of Denmark announced on Sunday that the government has increased domestic financing needs by another 9B krones.

Sun, 15 Dec 2019 19:31:14 GMT

Electrolux to bear $70M costs in Q4

Electrolux AB announced on Sunday that its American unit will have costs worth nearly $70M in Q4 amid relocation to new premises in South Carolina.

Sun, 15 Dec 2019 17:57:35 GMT

CGT union gives ultimatum to French government

The CGT union stated on Sunday that if the French government did not withdraw its pension plan proposal, the union would double protests.

Sun, 15 Dec 2019 17:33:23 GMT

Swiss body to ban Swatch unit

A unit of Swatch supplying parts to many of the watch market is likely to face sales ban in 2020 by Swiss Competition Commission.

Sun, 15 Dec 2019 15:41:55 GMT

Chinese battery makers' profits up 48%

China's major battery makers reported a 48.4% hike in their profits to about $4B during the first 10 months of 2019, official data revealed.

Sun, 15 Dec 2019 15:13:54 GMT

Aramco shares gain 1.6%

Saudi Aramco shares rose for a third day in succession on Sunday, up 1.63% to $9.97, pushing the firm's value back to the $2 trillion level.

Sun, 15 Dec 2019 14:04:13 GMT

BAIC to increase stake in Daimler to unseat Geely

Daimler's main Chinee JV partner BAIC Group is set to double its stake to nearly 10% and win board seat in the German car maker, aiming to upstage rival Geely.

Sun, 15 Dec 2019 13:18:02 GMT

Indonesia files claim against EU at WTO

On Sunday, Indonesia has filed an official claim at the World Trade Organization (WTO) against the European Union (EU) over unjust limitations on palm oil.

Sun, 15 Dec 2019 12:27:35 GMT

Telenor to use Huawei's equipment

Scandinavian telecom company Telenor stated on Sunday that it would use Huawei's equipment in constructing Norway's 5G network.

Sun, 15 Dec 2019 11:11:10 GMT

Sturgeon reminds Johnson about people's will

The First Minister of Scotland, Nicola Sturgeon, reminded Boris Johnson on Sunday that he could not force Scotland to stay in the UK against the will of its people.

Sun, 15 Dec 2019 10:23:45 GMT

McDonnell takes blame for election loss

The Finance Policy chief of the Labour Party, John McDonnell took the blame on Sunday for a loss in general elections.

Sun, 15 Dec 2019 09:22:58 GMT

Gove names government's priorities

The UK Cabinet Office Minister Michael Gove stated on Sunday, that the two main goals of the current government is to leave the EU in the end of January and negotiate new trade deal.

Sun, 15 Dec 2019 07:52:54 GMT

ByteDance's unit partners with China's media group

According to public documents, a subsidiary of ByteDance has formed JV with China's state media organizations. The joint venture will focus on partnership in the digital rights of short videos.

Sun, 15 Dec 2019 06:55:12 GMT

Major economies resist calls for bolder climate commitments

Anger erupted at the United Nations climate summit in Madrid on Saturday, as major economies rejected calls for a stronger climate accord.

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