News

Note: This section contains information in English only.
Thu, 14 Feb 2019 10:15:14 GMT

Kremlin says Russia's economy can withstand new US sanctions

On Thursday, Kremlin spokesman Dmitry Peskov said that the Russian economy could withstand any new US sanctions.

Thu, 14 Feb 2019 10:14:13 GMT

UK's PM set to lose another Brexit vote in Parliament

On Thursday, the UK Prime Minister Theresa May could lose another Brexit vote in the British Parliament, over her plan l to renegotiate the backstop Brexit deal.

Thu, 14 Feb 2019 09:26:21 GMT

China cancels trade talks with UK

According to the The Sun newspaper, the China's Deputy Prime Minister, Hu Chunhua has decided to cancel talks with the British Finance Minister Philip Hammond after Gavin Williamson's threat to send a naval vessel in the Pacific.

Thu, 14 Feb 2019 09:21:51 GMT

US and India hold trade talks

According to a source familiar with the matter, the US and Indian officials started talks on investment and trade even though the US Commerce Secretary Wilbur Ross did not arrive because of bad weather conditions.

Thu, 14 Feb 2019 08:35:24 GMT

EU awaits vote on Brexit amendments

The UK Trade Minister Liam Fox stated on Thursday that the European government took the pause to see how British lawmakers would vote on Theresa May's amendments to deal on Brexit.

Thu, 14 Feb 2019 08:31:26 GMT

Russian ruble depreciates amid US sanctions

On Wednesday, the Russian ruble fell by nearly 1% against the US Dollar, as the American Senate adopted new legislation on sanctions against Russia.

Thu, 14 Feb 2019 07:29:30 GMT

Nestle projects 3% sales growth

One of the world largest food and beverage companies Nestle said it projected its organic sales to surge by 3% in 2019 amid better performance in North America and China.

Thu, 14 Feb 2019 07:23:47 GMT

Renault Chair travels in Japan to meet with Nissan Motor

According to the Jiji news agency, the Renault SA Chairman Jean-Dominique Senard on Thursday landed in Japan to meet with the Nissan Motor's CEO Hiroto Saikawa.

Thu, 14 Feb 2019 06:14:49 GMT

Bulgarian employment, salaries up in Q4 last year

Employment and salaries in Bulgaria rose year-over-year in the Q4 of 2018, according to the preliminary data the country's NSI.

Thu, 14 Feb 2019 06:14:02 GMT

BMW global sales grow in January

Deliveries of BMW jumped 0.5% to a total of more than 170K cars in January, the German carmaker announced, owing to strong increase in China.

Thu, 14 Feb 2019 04:34:06 GMT

US posts budget deficit amid tax revenue fall

The US federal government ran a budget deficit $14B in December with revenues falling after tax cuts in 2018, even as the country's economy appeared strong, the Treasury Department reported.

Thu, 14 Feb 2019 04:31:26 GMT

BlackRock hires Fischer as adviser

BlackRock hired Stanley Fischer, the former Fed Vice Chair, for the position of senior adviser, the world's biggest fund manager stated in a memo.

Wed, 13 Feb 2019 20:53:25 GMT

Global stock markets edge higher on US-China trade talks

Global equity markets extended a week-long rally on Wednesday, as investors are hopeful of an agreement between the United States and China in the ongoing trade talks.

Wed, 13 Feb 2019 20:53:15 GMT

Spain's Parliament rejects draft 2019 budget

The Spanish government lost a budget vote in Spain's Parliament on Wednesday, paving the way for a snap election.

Wed, 13 Feb 2019 20:06:17 GMT

Cohen to testify to US Congress before going to prison

According to the CNBC report, Michael Cohen, the US President Donald Trump former lawyer, would testify to the US Congress before going to prison.

Wed, 13 Feb 2019 20:06:04 GMT

US data shows Apple increases testing of self-driving cars in 2018

On Wednesday, the Californian Department of Motor Vehicles released data that shows that Apple Inc ramped up testing of its self-driving vehicles in 2018.

Wed, 13 Feb 2019 19:10:56 GMT

King Salman announces $22B development projects in Riyadh

On Wednesday, Saudi Arabia's state TV said that the Saudi Arabian King Salman Abdulaziz launched $22 billion development projects in the capital city Riyadh.

Wed, 13 Feb 2019 19:09:34 GMT

Alphabet Inc's Google plans to spend $13B on US data centres

On Wednesday, Google Inc announced that it would spend about $13 billion on data centres in the United States.

Wed, 13 Feb 2019 18:39:56 GMT

Thoma Bravo to buy Ellie Mae for $3.7B

Thoma Bravo, the private equity firm, stated on Tuesday it would acquire Ellie Mae in a deal worth $3.7B, sending its shares up 21%

Wed, 13 Feb 2019 16:58:35 GMT

EU grants approval for Virgin Atlantic deal

The European antitrust regulators have cleared a joint bid launched by Delta Air Lines, Virgin Group and Air France-KLM to acquire Virgin Atlantic, claiming that no competition concerns were raised over the deal.

Wed, 13 Feb 2019 16:50:18 GMT

Symantec takes over Israeli firm Luminate

On Tuesday, Symantec Corp, the cyber security company, announced it had acquired the Israeli firm Luminate Security, seeking to bolster group's security system for a cloud computing.

Wed, 13 Feb 2019 16:32:36 GMT

Virgin Trains USA postpones IPO

Virgin Trains USA announced it had delayed its planned initial public offering, where the company sought to attract over $500M by selling 28.3M shares, due to too high price range for the firm's share.

Wed, 13 Feb 2019 16:27:53 GMT

Vitruvian launches sale of German fintech Smava

The buyout firm Vitruvian put Smava, Germany's consumer credit platform, up for a sale or launch an IPO, seeking to raise about $500M, sources reported.

Wed, 13 Feb 2019 15:25:29 GMT

T-Mobile head set to defend $26B deal with Sprint

John Legere, the CEO of T-Mobile US, stated it would defend the company's $26.0B deal to acquire the wireless carrier Sprint in the US Congress this Wednesday.

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