News

Note: This section contains information in English only.
Sun, 06 May 2018 06:27:02 GMT

UK Johnson to meet US VP Pence to discuss North Korea, Iran

Britain's Foreign Minister Boris Johnson is expected to visit the US for two days and meet the country's Vice President Mike Pence to discuss North Korea, Iran and other issues.

Sun, 06 May 2018 05:25:52 GMT

PBoC launches settlement, cleaning mechanism of CNY in Pakistan

The People's Bank of China launched its settlement and clearing mechanism of the Chinese Yuan in Pakistan for investment activities, bilateral trade, imports and exports.

Sun, 06 May 2018 05:25:07 GMT

Morocco's forex reserves at $24.5B in April

The Central Bank of Morocco stated that is foreign exchange reserves stood at $24.5B by April end, falling 5% year-over-year.

Sun, 06 May 2018 04:33:28 GMT

France's credit outlook changed to positive by Moody's

The credit outlook of France was lifted from stable to positive by Moody's Investors Service, citing government's concentration on fiscal consolidation and economic reform plans.

Sun, 06 May 2018 04:31:02 GMT

Australia to focus on lower taxes for companies, workers

Australia's government is set to put full attention on plans to diminish taxes and provide relief for below-middle income earners, when it outlines yearly budget next week.

Sat, 05 May 2018 20:16:50 GMT

Merkel gives pro-women speech to CDU

The German Chancellor Angela Merkel said on Saturday that Christian Democrats (CDU) must attract more women to the party if it wants to survive.

Sat, 05 May 2018 20:11:03 GMT

IMF notes that Egypt must deepen reforms

The International Monetary Fund (IMF) stated on Saturday that Egypt needs to conduct more reforms and facilitate private sector growth in order to be part of global expansion that in nearest future might end.

Sat, 05 May 2018 19:07:35 GMT

Air France-KLM to hold meeting on May 15

The board of Air France-KLM will gather on May 15 to discuss management transition plan that needs to be adopted because of resignation of the company's CEO Jean-Marc Janaillac.

Sat, 05 May 2018 19:07:28 GMT

Buffet says US and China will act reasonably

The CEO of Berkshire Hathaway Warren Buffet said on Saturday that the United States and China will not act extremely foolishly in defence of their trade interests.

Sat, 05 May 2018 17:52:10 GMT

Gun start ups rise around the US

Due to large corporations shunning firearms inventors and firearm upgrade creators, most of them have created their own start-ups.

Sat, 05 May 2018 17:50:57 GMT

Netanyahu will meet Putin on Wednesday

It was announced on Saturday that the Prime Minister of Israel will meet with the President of Russian Federation on Wednesday.

Sat, 05 May 2018 16:51:45 GMT

Berkshire regrets GE investment

The heads of the Berkshire Hathaway fund on Saturday revealed that the fund should have pushed for better terms when buying General Electric in 2008.

Sat, 05 May 2018 16:50:47 GMT

Buffet approves of Wells Fargo

The Oracle of Omaha on Saturday stated that he sees no problems with the Wells Fargo business and that the CEO will fix previous mistakes.

Sat, 05 May 2018 15:55:24 GMT

Germans unveil controversial statue

On Saturday, the global media was shocked that a new monument of Karl Marx was revealed in the city of Trier in Germany.

Sat, 05 May 2018 15:53:18 GMT

Buffet and Munger host QA session

The heads of the Berkshire Hathaway Warren Buffet and Charlie Munger on Saturday were hosting a five hour question and answer session.

Sat, 05 May 2018 15:00:21 GMT

Iranian tanker disaster ends in a split

The committee, which investigated the collision between Chinese and Iranian freighters, has concluded that both ships are to blame for the disaster.

Sat, 05 May 2018 14:59:03 GMT

US re-establishes the Second Fleet

The Navy of the United States is re-establishing its Second Fleet, which will be once more responsible for the north of the Atlantic.

Sat, 05 May 2018 13:58:38 GMT

Russian police detain opposition leader

The leader of the Russian opposition Alexei Navalny and other members of the anti-Kremlin movement were detained on Saturday.

Sat, 05 May 2018 13:57:53 GMT

Elon Musk continues to defend his behaviour during conference call

On Saturday, the CEO of Tesla on twitter continued to defend his bad behaviour during the conference call, which occurred earlier this week.

Sat, 05 May 2018 12:29:25 GMT

Berkshire suffers net loss with better operating numbers

Berkshire Hathaway Inc. on Saturday announced the end of its more than a year-long operating profit fall, while the change of an accounting rule created a net loss.

Sat, 05 May 2018 12:14:29 GMT

Putin faces protests across Russia right before his inauguration

Vladimir Putin gets criticized right before his inauguration on Saturday, by his opponents saying that they have enough with his autocratic Tsar-like principle.

Sat, 05 May 2018 10:02:05 GMT

Rouhani slams ban on Telegram

The President of Iran Hassan Rouhani criticized on Saturday the forbiddance imposed on Telegram by the traditionalist-run judiciary, arguing that such step was the exact opposite of freedom and democracy.

Sat, 05 May 2018 10:01:51 GMT

Greek banks to loose €15.5B in stress scenario

The European Central Bank said on Saturday that the four largest Greek banks could lose up to €15.5B of capital by 2020 in case of realization of negative economic scenario.

Sat, 05 May 2018 09:02:24 GMT

Greek and Turkish ships collide in Aegean Sea

According to the AFP, one of Turkish merchant ships has collided with Greek military gunboat, which was participating in NATO drills in Aegean Sea; no casualties or notable damages have been reported so far.

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