News

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Fri, 22 Feb 2019 13:40:55 GMT

JPMorgan introduces shared desks

On Friday, JPMorgan Chase announced that the bank is moving its employees from current offices to "hot desks." Hot desk are a new space saving office layout.

Fri, 22 Feb 2019 13:40:47 GMT

Macron will meet Merkel

The President of the French Republic is set to meet with the Chancellor of Germany on February 27. The two leaders are planning to discuss Brexit, defence and the United States.

Fri, 22 Feb 2019 12:41:28 GMT

Stock prices surge on Friday

By the middle of Friday's London session global stock market indices continued to gain. Financial media attributed the surge to a progress on trade.

Fri, 22 Feb 2019 12:41:22 GMT

PM May's spokeswoman comments on Brexit

On Friday, the spokeswoman of the UK Prime Minister Theresa May announced that the work on Brexit deal changes is continuing at "a pace".

Fri, 22 Feb 2019 12:37:16 GMT

Investors change bets on USD

Reuters announced on Friday that investors are scaling back on bets that the US Dollar will decline. The reason for the change was a Federal Reserve announcement that the US Dollar interest rate will have a premium above other rates.

Fri, 22 Feb 2019 12:36:47 GMT

VietJet will sing deal with Boeing

On Friday, the Vietnamese airline company VietJet Aviation announced that intends to sing a major deal with Boeing during the sidelines of the upcoming Trump-Kim summit.

Fri, 22 Feb 2019 09:18:56 GMT

Saudi Aramco to form JV with China

On Thursday, Saudi Aramco signed with Chinese Norinco an agreement presupposing creation of a joint venture for construction of a petrochemical and refining complexes in the city of Panjin.

Fri, 22 Feb 2019 09:13:58 GMT

FATF pressures Iran to combat IML

The Financial Action Task Force (FATF) stated on Friday that the Iranian government had time until July to improve its anti-money laundering laws, otherwise it would face more intense international scrutiny.

Fri, 22 Feb 2019 08:31:28 GMT

Barnier assumes Brexit postponement

The European Union's Brexit Negotiator Michel Barnier stated on Friday that postponement of Britain's exit from the EU could not be ruled out.

Fri, 22 Feb 2019 08:27:03 GMT

China awaits Hammond's visit

The Сhina's Foreign Ministry stated on Friday that it would welcome the UK Finance Minister Philip Hammond's visit despite deployment of the British naval vessel in the Pacific.

Fri, 22 Feb 2019 07:27:51 GMT

Import quotas affect coal imports, not bans

The Trade Minister of Australia Simon Birmingham stated on Friday problems with coal exports to China were caused by import quotas rather that pure bans.

Fri, 22 Feb 2019 07:19:34 GMT

RBA: China's coal ban does not affect economy

The Reserve Bank of Australia Governor Philip Lowe stated on Friday that China's ban on the county's coal imports to the port of Dalian would not have a big impact on the economy.

Fri, 22 Feb 2019 03:41:10 GMT

French consumer prices decline 0.4% in January

France's Consumer Prices Index decreased 0.4% in January from the previous month amid a fall in manufacturing costs, the INSEE reported.

Fri, 22 Feb 2019 03:40:51 GMT

Japanese department store sales decline last month

Sales in Japan's department stores went down 2.9% to $4.45B in January compared to the preceding year, the country's Department Stores Association stated.

Fri, 22 Feb 2019 03:35:38 GMT

German inflation rate falls ar 2019 start

Germany's inflation rate decreased to 1.4% in the month of January this year, compared to 0.8% rate in the prior month, according to preliminary figures by Destatis.

Fri, 22 Feb 2019 03:35:08 GMT

Chinese home improvement sales slump in January

Home improvement market revealed dropping sales last month, which fell 9.46% to $9.2B, as the country's real estate transactions slowed, the CBMCA stated.

Thu, 21 Feb 2019 20:55:14 GMT

Corbyn says May must seek close alliance with EU

On Thursday, UK's Labour Party leader Jeremy Corbyn said that the British Prime Minister Theresa May must seek customs union with the European Union if she wants to unlock Brexit.

Thu, 21 Feb 2019 20:55:05 GMT

Huawei to increase investment in Canada

Huawei Chairman said on Thursday that the company is committed to make further investment in Canada, despite the arrest of the company's CFO Meng Wanzhou.

Thu, 21 Feb 2019 20:03:10 GMT

EU and UK close to Brexit legal compromise

According to Britain and EU Diplomats, the European Union and the United Kingdom are moving closer to a Brexit legal compromise agreement.

Thu, 21 Feb 2019 20:03:02 GMT

Healthcare shares and economic data weigh down Wall Street

US shares dipped on Thursday, weighed down by weak economic data and a decline in the US healthcare stocks.

Thu, 21 Feb 2019 19:05:09 GMT

White House to end California auto emissions discussions

On Thursday, the White House put out a statement that the US President Donald Trump's administration has ended discussions with California on auto emissions rules.

Thu, 21 Feb 2019 19:04:54 GMT

India plans to stop flow of water to Pakistan

On Thursday, India's government Minister reiterated the country's plan to stop sharing excess water with Pakistan.

Thu, 21 Feb 2019 18:04:41 GMT

Senator Sanders rebukes Catalyst Pharmaceuticals

On Thursday, the US Senator Bernie Sanders rebuked Catalyst Pharmaceuticals Inc for its higher drug prices.

Thu, 21 Feb 2019 18:03:39 GMT

Nestle plans to expand Purina factory in US

On Thursday, Nestle Global said that it would invest about $115 million to expand its Purina factory in the United States.

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