News

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Mon, 11 Feb 2019 03:34:22 GMT

Switzerland, Britain to sign post-Brexit trade deal

The UK and Switzerland are set to sign an agreement to proceed with trading over preferential terms after Brexit, protecting countries' trade relationships.

Mon, 11 Feb 2019 03:29:32 GMT

Chinese retail earnings increase 8.5% over holidays

China's catering and retail enterprises earned more than $148.3B over the Lunar New Year holiday, defying the economic slump to rise 8.5% from 2018, the Commerce Ministry stated.

Sun, 10 Feb 2019 18:10:57 GMT

Hungary's PM announces new tax and loan benefits

On Sunday, Hungary's Prime Minister Viktor Orban announced a new tax and loan benefits to boost the country's birth rate.

Sun, 10 Feb 2019 18:10:27 GMT

Oman Chlorine to open new plant in Qatar

Oman Chlorine has announced the inauguration of a new plant in the industrial city of Mesaieed, the investment cost of the project was not disclosed.

Sun, 10 Feb 2019 17:11:33 GMT

South Korean President Jae-in to confer with Trump on 2nd US-NK summit

South Korea's Blue House said on Sunday that President Moon Jae-in would consult with the US President Donald Trump about the 2nd summit between the United States and North Korea.

Sun, 10 Feb 2019 17:11:20 GMT

US and China plan to hold high-level trade talks next week

The US Treasury Secretary Steven Mnuchin and Trade Rep Robert Lighthizer would meet with China's Vice Premier Liu He on February 14 and 15 for a fresh round of high-level trade talks.

Sun, 10 Feb 2019 16:09:35 GMT

Hungary aims to keep economic growth 2% above EU average

On Sunday, the Hungarian Prime Minister Viktor Orban said that Hungary plans to keep economic growth 2% above the EU average.

Sun, 10 Feb 2019 16:09:24 GMT

Madrid mass protest over Catalonia policy

On Sunday, tens of thousands gathered in Madrid for a protest by right-wing parties to opposed the Spanish government plan to ease tension in the Catalonia region.

Sun, 10 Feb 2019 15:04:40 GMT

Egypt's core inflation jumps to 8.6% in January

The Egyptian Central Bank said on Sunday that Egypt's core inflation has risen to 8.6% year/year in January.

Sun, 10 Feb 2019 15:04:22 GMT

Nigeria's EFCC denies alleged poisoning of former Skye Bank Chairman

The Nigerian Economic and Financial Crimes Commission in a statement denied an accusation that its officials poisoned the former Skye Bank Chairman Mr Tunde Ayeni.

Sun, 10 Feb 2019 14:24:45 GMT

Australia's government plans to stop bid to ease tough law on migrants

The Australian Prime Minister Scott Morrison and other top officials campaigned over the weekend against a proposal to relax tough asylum rules.

Sun, 10 Feb 2019 14:14:17 GMT

Venezuela's state-run oil company moves bank account to Russia

According to sources with the knowledge to the matter, Venezuela's PDVSA has shifted oil ventures accounts to Russian bank.

Sun, 10 Feb 2019 13:22:17 GMT

Paris sues Airbnb for illegal ads

The Major of Paris Anne Hidalgo stated on Sunday that the city has filed a claim against Airbnb for installation of illegal adverts and hoped to receive $14M compensation.

Sun, 10 Feb 2019 13:17:17 GMT

Iran ready to grant aid to Lebanon

The Foreign Minister of Iran Mohammad Javad Zarif stated on Sunday that his country was waiting for the Lebanese government to express a desire to take the proposed military aid.

Sun, 10 Feb 2019 12:26:54 GMT

Saudi deny any links to Bezos-AMI issue

The Foreign Ministry of Saudi Arabia stated on Sunday that the country had no relation to a dispute between the National Enquirer and Amazon's CEO Jeff Bezos.

Sun, 10 Feb 2019 12:20:26 GMT

FSB to try to find new threats

The head of a Financial Stability Board (FSB) Randal Quarles stated on Sunday that the organization must allocate more resource to establish new market threats.

Sun, 10 Feb 2019 11:21:36 GMT

CBI bets on no-deal Brexit

The head of Confederation of British Industry (CBI) Carolyn Fairbairn stated on Sunday that the chances of a no-deal Brexit were high as never before.

Sun, 10 Feb 2019 11:16:23 GMT

May wants to buy more negotiating time

According to sources familiar with the matter, the British Prime Minister Theresa May wanted to give parliamentarians another chance to speak on Brexit by February 27 in order to buy some time for negotiation of a new agreement with the EU.

Sun, 10 Feb 2019 10:16:01 GMT

Gazprombank denies rumors about PDVSA

On Sunday, Gazprombank denied media statements that that Venezuela's state oil company PDVSA had opened any new accounts with the bank.

Sun, 10 Feb 2019 10:12:05 GMT

Truss says May can renegotiate Brexit deal

The British Treasury Minister Liz Truss stated on Sunday that Theresa May could renegotiate parts of the deal on Brexit especially those that were related to the Northern Irish frontier.

Sun, 10 Feb 2019 09:08:14 GMT

EU nations agree on copyright reforms

The European Union countries have agreed on copyright reforms, taking a step forward to re-write the two-decade-old copyright rules.

Sun, 10 Feb 2019 09:08:04 GMT

Amazon searches for alternatives NY headquarter

Amazon Inc is searching for alternatives to relocate part of its New York headquarters if they fail to win the approval from New York officials.

Sun, 10 Feb 2019 08:21:41 GMT

China criticise Modi's visit to disputed region

The Chinese Foreign Ministry on Saturday criticised Narendra Modi, the Indian Prime Minister visit to a disputed region of Arunachal Pradesh.

Sun, 10 Feb 2019 08:21:31 GMT

British government cancels Seaborne Freight's ferry contract

The UK government has cancelled a contract with the Seaborne Freight company to provide additional ferries in case of No-deal Brexit.

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