News

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Sat, 04 May 2019 18:24:06 GMT

Obrador takes steps to help Pemex

The President of Mexico Andres Obrador announced on Saturday a number of moderate budget cuts in order to support the country's oil giant Pemex.

Sat, 04 May 2019 17:28:22 GMT

Vectura wins litigation against GlaxoSmithKline

On Saturday, the British drugmaker Vectura won a case of patent infringement against GlaxoSmithKline and was entitled to receive a $89.7M award.

Sat, 04 May 2019 17:23:08 GMT

Buffet criticizes Wells Fargo

The Berkshire Hathaway CEO Warren Buffett stated on Saturday that Wells Fargo made severe mistakes in the past, though his fund, as a large shareholder would continue supporting the company.

Sat, 04 May 2019 16:27:42 GMT

Erdogan support Istambul major re-election

The Turkish President Tayyip Erdogan hinted on Saturday that he supported repeat of Istanbul mayor elections.

Sat, 04 May 2019 16:19:37 GMT

Uber drivers to protest in New York

The New York Taxi Workers Alliance stated on Saturday that Uber drivers would go on strike in the upcoming week to raise awareness about unjust working conditions.

Sat, 04 May 2019 15:25:17 GMT

Air France-KLM likely to fire 400 workers

The La Tribune newspaper reported on Saturday, that Air France-KLM was considering proposing a redundancy scheme for nearly 400 ground employees amid poor performance in Q1.

Sat, 04 May 2019 15:20:47 GMT

Davidson pledges to resist new referendum on independence

The head of the Scottish Conservatives, Ruth Davidson, stated on Saturday that the party would counter any attempts to organize a new referendum on Scotlland's secession from the United Kingdom.

Sat, 04 May 2019 14:18:28 GMT

Iran pledges to defeat US

The Iranian President Hassan Rouhani stated on Saturday that the US would be defeated by the Iranian people through solidarity and unity of the nation.

Sat, 04 May 2019 14:16:31 GMT

UK to develop green ties with China

The British Trade Commissioner for China Richard Burn stated on Saturday that the government is willing to advance cooperation with China on ecology and green innovation.

Sat, 04 May 2019 13:24:05 GMT

Barnier hurry UK with decision on Brexit

The Chief Brexit Negotiator of the European Union Michel Barnier stated on Friday that the UK must "make up its mind" on how it would proceed with the Brexit.

Sat, 04 May 2019 13:21:24 GMT

SAS staff strike ends

According to the Swedish News SVT, pilots of the Scandinavian Airlines (SAS) have stopped a strike after an agreement with the company's management was reached.

Sat, 04 May 2019 12:21:13 GMT

China calls ADB to support multilateralism

The Finance Minister of China Liu Kun on Saturday called the Asian Development Bank (ADB) to support multilateralism and stimulate development of the Asia-Pacific region.

Sat, 04 May 2019 12:17:44 GMT

South Africa takes steps to attract more tourists

The South African Tourism Minister Derek Haneko stated on Saturday that the government is working on the introduction of e-visas to take it easier for tourists to visit the country.

Sat, 04 May 2019 11:26:10 GMT

Putin, Trump discuss Venezuela and Ukraine

On Friday evening, the US President Donald Trump had a telephone conversation with Russian President Vladimir Putin during which they discussed Ukrainian and Venezuelan crises as well as denuclearization of the Korean Peninsula.

Sat, 04 May 2019 11:23:37 GMT

US, China hold talks in Beijing

The US Treasury Secretary Steven Mnuchin travelled to Beijing this week to meet with Chinese Vice Premier Liu He and hold a 10th round of bilateral trade talks between two countries.

Sat, 04 May 2019 10:22:15 GMT

Brooks Running to relocate production

The Brooks Running CEO Jim Weber stated on Saturday that the company would relocate signifficant part of shoe production to Vietnam from China.

Sat, 04 May 2019 10:18:26 GMT

Hunt hopes that compromise will be found

The British Foreign Minister Jeremy Hunt stated on Saturday that there was a "glimmer of hope" that Labour and Conservative parties could reach a mutually satisfactory agreement on Brexit.

Sat, 04 May 2019 09:11:06 GMT

Gauke calls political parties to flexibility

The British Justice Minister David Gauke stated on Saturday that Labour and Conservative parties must find a compromise in order to push the Brexit deal through the Parliament.

Sat, 04 May 2019 09:04:40 GMT

May says deal with Labour coming soon

The British Prime Minister Theresa May stated on Saturday that an agreement on Brexit with the opposition Labour Party would be concluded soon.

Sat, 04 May 2019 08:20:22 GMT

South Korea urges its neighbour to maintain peace

On Saturday, South Korean authorities called its northern counterparts to avoid actions that would increase military tensions on the Peninsula.

Sat, 04 May 2019 08:17:03 GMT

Rouhani calls to resists US pressure

The President of Iran Hassan Rouhani stated on Saturday that the country must resist American sanctions by continuing oil exports and boost of non-oil exports.

Sat, 04 May 2019 05:51:03 GMT

Pakistan's government fires Central Bank governor

According to two government officials, the Pakistani government has sacked Pakistan's Central Bank Governor and the head of the tax collection.

Sat, 04 May 2019 05:50:52 GMT

Trump to decide if McGahn can testify to Congress

On Friday, the US President Donald Trump said that he would decide next week if to allow the former White House attorney Don McGahn to testify before the US Congress.

Sat, 04 May 2019 04:53:06 GMT

US Dollar declines on Friday

On Friday, the US Dollar edged lower against a basket of major currencies, as traders and investors focused on the soft spots in the US jobs report.

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