News

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Mon, 11 Jun 2018 04:11:29 GMT

French farmers launch refinery blockade on Sunday evening

French farmers have started a blockade late on Sunday of fuel depots and oil refineries due to Total's plans to use the palm oil imports at a biofuel factory, raising their discontent over the unfair competition.

Mon, 11 Jun 2018 04:09:50 GMT

Merkel: EU to act against US tariffs on aluminium, steel

Germany's Chancellor Angela Merkel stated on Sunday that Europe would impose counter-measures against the US tariffs on aluminium and steel, after Canada made the same move against the President Donald Trump's decision.

Mon, 11 Jun 2018 03:25:28 GMT

Foxconn probes labour conditions at Chinese factory of Amazon

Contract manufacturer Foxconn stated that it was investigating a factory in China making devices for Amazon.com, as the US watchdog reported harsh conditions for work at the plant.

Mon, 11 Jun 2018 03:23:25 GMT

Israel raises expansion estimate to 3.5% this year

The government of Israel raised the country's economic expansion estimate to 3.5% this year and 3.4% next year, citing strengthening exports, private spending and capacity growth at Intel's plant.

Mon, 11 Jun 2018 02:39:38 GMT

Japanese core machinery orders grow 10.1% in April

Japan's core machinery orders marked a 10.1% increase in April, surpassing market expectations for a 2.5% rise and following 3.9% drop in the previous month.

Mon, 11 Jun 2018 02:35:49 GMT

NZ manufacturing sales increase 0.6% in Q1

The volume of manufacturing sales in New Zealand grew 0.6% in the first quarter, following a downwardly revised 2.6% increase in the prior quarter, Statistics New Zealand stated.

Sun, 10 Jun 2018 20:27:12 GMT

Inmarsat drops EchoStar acquisition bid, as it undervalues firm

Inmarsat, the British satellite company, has rejected a takeover bid from the US satellite provider EchoStar, as the board considered it had undervalued the UK company.

Sun, 10 Jun 2018 20:22:42 GMT

Marine Systems' sale already discussed in past

Thyssenkrupp had been thinking over to sell its shipbuilding subsidiary Marine Systems in the past, the unit's management stated on Sunday.

Sun, 10 Jun 2018 19:34:12 GMT

KKR close to $5.5B acquisition deal with Envision

KKR & Co, the private equity group, is moving towards a deal to acquire Envision Healthcare, the US physician provider, for around $5.5B or $46 per share, sources familiar with the matter said on Sunday.

Sun, 10 Jun 2018 19:29:35 GMT

Apax considers bidding for BCA Marketplace

Apax Partners, the London-based private equity group, stated on Sunday it would likely to bid for the British vehicle auctioneers BCA Marketplace.

Sun, 10 Jun 2018 18:38:37 GMT

Australia establishes task force to protect elections from hacks

Australia's government has formed a security task force with intention to guard the elections against cyber attacks and other interference, it said on Sunday.

Sun, 10 Jun 2018 18:36:17 GMT

Retelit's shares down as government exercises "golden powers"

Shares in Italy's fiber-optic network firm Retelit fell 4.6%, as the government have been exercising the "golden powers" on a firm deemed of the strategic national importance.

Sun, 10 Jun 2018 16:49:42 GMT

Brexit campaigner Banks gives story on links with Russia

A British businessman Aaron Banks who bankrolled one major campaign for Brexit said on Sunday that his ties with Russia were deeper compared to what he had mentioned in past.

Sun, 10 Jun 2018 16:48:52 GMT

White House Navarro warns ZTE not to make mistake again

The Chinese technology corporation ZTE will have to close its business in the United States unless it does not get involved in one more wrong activity.

Sun, 10 Jun 2018 16:01:23 GMT

ECB and Fed to tighten policy alongside one another

Policy tightening is just one day away, the world's leading central banks hope to impose confidence in international economic growth, despite threats of a trade conflict.

Sun, 10 Jun 2018 16:00:49 GMT

Security offers look into strongly regimented North Korea for state media

During a safety lockdown outside and inside Singapore's five-star hotel before North Korean leader Kim Jong Un arrival on Sunday, just two media workers moved along the blockaded road.

Sun, 10 Jun 2018 15:33:26 GMT

White House adviser states Canadian PM betrayed Trump

The top White House economic adviser impeached Canada's PM of betraying President Donald Trump with his statements on the US trade policy, making the US leader to look weak.

Sun, 10 Jun 2018 15:18:20 GMT

Trump torpedoes G7 endeavor to ease trade dispute

The US President Donald Trump threw the G7's endeavors to show a unitary front into disorder after stating that he could double down the auto industry by import tariffs.

Sun, 10 Jun 2018 14:37:59 GMT

Jordan pins expectations on Billion dollar aid package from Gulf nations

Jordan is pinning anticipation on oil-rich Gulf nations led by Saudi Arabia investing multi-Billion dollars in aid package as a support of an economic crisis.

Sun, 10 Jun 2018 14:29:11 GMT

Macron not to touch national soccer coach job

French President Emmanuel Macron advances self-confidence, drops off public criticism and has circumvented his opponents, but there is national soccer coach job that he wouldn't take.

Sun, 10 Jun 2018 13:12:50 GMT

Internet Gold considering sale of majority stake in Bezeq

Internet Gold said on Sunday that it was examining offers to sell portion or every share in B Communications, which gave them control over Bezeq, which is Israel's biggest telecoms group.

Sun, 10 Jun 2018 13:04:45 GMT

Trump gets in Singapore in advance of US-North Korea summit

The US President Donald Trump landed in Singapore on the last day of the week ahead of a summit with North Korean leader Kim Jong Un about the future of their nuclear arsenal.

Sun, 10 Jun 2018 12:11:52 GMT

Russia ready to host next G7 summit

The President of Russia Vladimir Putin noted on Sunday that Russia would be happy to host the next G7 summit in Moscow if its members agreed to that.

Sun, 10 Jun 2018 12:06:44 GMT

Italy to stick to Euro

The newly appointed Economy Minister of Italy Giovanni Tria stated on Sunday that the country will remain in the Euro Zone and take measures to reduce debt levels.

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