News

Note: This section contains information in English only.
Sun, 13 May 2018 19:52:49 GMT

ConocoPhillips seizes oil products of Venezuela's PDVSA

Curacao's Minister of Economic Development said the US-based ConocoPhillips had confiscated products of the Venezuelan state-owned oil company PDVSA's refinery on the island.

Sun, 13 May 2018 18:55:11 GMT

May: EU, UK remain committed to Iran nuclear deal

The British Prime Minister Theresa May said on Sunday that the UK and the EU remained committed to the Iran nuclear deal, thus requesting further fulfilment of its obligations.

Sun, 13 May 2018 18:54:45 GMT

HSBC sees 20.5% growth in March remittances MoM

The UK-based HSBC expect to see a 20.5% increase month-on-month in March remittances, thus following two consecutive months of contraction.

Sun, 13 May 2018 18:01:37 GMT

Mass says difficulties may arise to protect European companies in Iran

The German Foreign Minister Heiko Maas explained on Sunday that it would not be an easy task to protect European companies that do business with Iran from US sanctions.

Sun, 13 May 2018 17:59:19 GMT

ADNOC plans $45B investment to increase market share

The Abu Dhabi National Oil Company is set to invest $45B during the next five years with the aim to strengthen its presence in the market.

Sun, 13 May 2018 17:03:52 GMT

Canada's PM sees soon agreement on NAFTA

The Canadian Prime Minister Justin Trudeau told media on Sunday that he remained optimistic about a soon agreement on the new NAFTA deal.

Sun, 13 May 2018 17:02:55 GMT

Al Mazaya's net profit plunges 29% in Q1Y2018

The Kuwait-based property developer Al Mazaya Holding reported on Sunday a 29% plunge in its net profit to $4.47M during the first quarter of 2018.

Sun, 13 May 2018 16:16:47 GMT

Trump, Jinping work together to restart ZTE

The US President Donald Trump and his Chinese counterpart Xi Jinping are collaborating in order to help the technology company ZTE to restart its operations.

Sun, 13 May 2018 16:10:16 GMT

Nigeria's Abubakar to privatise state-owned oil company if elected

The Nigerian former Vice President Atiku Abubakar plans to privatise a part of the state-owned oil company Nigerian National Petroleum Corporation if elected the President.

Sun, 13 May 2018 15:11:55 GMT

Russians protest blocking of Telegram

Hundreds of Russians protested on Sunday against the government's decision to block the popular messaging application Telegram.

Sun, 13 May 2018 15:11:34 GMT

Pompeo: US companies could invest in NK if it continues denuclearisation

The US Secretary of State Mike Pompeo said on Sunday that American companies would be allowed to invest in North Korea if it ended its nuclear program.

Sun, 13 May 2018 14:20:41 GMT

Bolton says sanctions on European companies in Iran ‘possible'

According to the US National Security Adviser John Bolton, European companies which do business with Iran might face sanctions after the US withdraws from the Iran nuclear deal.

Sun, 13 May 2018 14:13:08 GMT

Qualcomm, Google to develop new SoC for smartwatches

Qualcomm and Google are set to develop a new system on a chip for smartwatches to ensure longer battery life and additional features for health and fitness monitoring.

Sun, 13 May 2018 11:36:20 GMT

Trump wants government to reach funding deal before August

The US President Donald Trump stated that the Congress must reach a deal to finance the federal government before August break or lawmakers would need to stay in Washington.

Sun, 13 May 2018 11:34:47 GMT

Conoco authorised to possess $636M in PDVSA assets

ConocoPhillips was authorised by Curacao court to posses nearly $636M in assets, which belonged to Vebezuela's state oil firm PDVSA, amid the 2007 year's nationalisation of the US company's projects.

Sun, 13 May 2018 10:11:49 GMT

Madagascar President lifts limitations on opposition candidates

The Madagascar President has lifted the restrictions that prevented the main opposition candidates from running for the office; a move that caused a political crisis and fatal street demonstrations.

Sun, 13 May 2018 09:56:23 GMT

US Appeals Court resumes challenge to Seattle law on Uber, Lyft union

The US Court of Appeal has revived a challenge to Seattle's law that was set to allow Lyft, Uber Technologies or other ride-hailing services' drivers to unionise.

Sun, 13 May 2018 09:31:23 GMT

Rouhani: Tehran to remain part of 2015 nuclear agreement

On Sunday, Iran's President Hassan Rouhani stated that Iran would stick to its 2015 nuclear accord if Tehran's interests could be protected, calling the US withdrawal from the deal a "violation of morals".

Sun, 13 May 2018 09:27:37 GMT

TPG launches sale of UK discount chain Poundworld

TPG, the private equity firm, put the British discount retailer Poundworld up for a sale, following received expressions of interest that prompted it to suspend its planned group's restructuring.

Sun, 13 May 2018 08:34:04 GMT

PM Abadi leading in Iraqi election, followed by Sadr's alliance

The list of Iraq's Prime Minister Haider al-Abadi appears ahead in the country's Parliamentary election that is followed by the Shi'ite cleric Moqtada al-Sadr's alliance, according to election commission source.

Sun, 13 May 2018 08:29:27 GMT

Lebanese PM Hariri replaces Staff Chief after election setback

On Sunday, the Prime Minister of Lebanon Saad al-Hariri replaced his Staff Chief Nader al-Hariri, following the Future Party's loss of over a third of the seats in the Parliamentary elections last week.

Sun, 13 May 2018 07:32:59 GMT

Eight men sentenced to death by Iran over Islamic State attacks

Iran's court has sentenced eight militants to death on Sunday for the Islamic State attacks carried out at the Ayatollah Ruhollah Khomeini's mausoleum and the Parliament last year that killed almost 20 people.

Sun, 13 May 2018 07:19:04 GMT

China's first home-developed aircraft carrier to begin sea trials

On Sunday, the Chinese first domestically-built aircraft carrier has left the North-eastern port to launch its sea trials, as part of the country's efforts to modernise its military.

Sun, 13 May 2018 06:38:06 GMT

Malaysia's PM Mahathir bars predecessor from going overseas

On Saturday, Mahathir Mohamad, Malaysia's Prime Minister has barred his predecessor, the ex-PM Najib Razak, from leaving the country, saying there was enough evidence to investigate his connections to a multi-billion-dollar row.

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