News

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Mon, 13 Nov 2017 06:23:30 GMT

Venezuela opens talks with creditors to discuss debt

On Monday, Venezuela is set to meet with creditors to discuss the paralysed debt, as the nation tries to dodge a default that would bring more uncertainty over the country's economy.

Mon, 13 Nov 2017 06:22:11 GMT

United Airlines resumes Newark-Delhi flights

United Airlines announced the resumption of flights from Newark to New Delhi following a temporary halt due to concerns over poor air quality in the capital of India.

Mon, 13 Nov 2017 05:19:00 GMT

Amazon close to opening in Australia

On Monday, one of Amazon's managers said the company was on the verge of opening in Australia, a move towards shaking up the brick-and-mortar retail sector in the country.

Mon, 13 Nov 2017 05:18:09 GMT

Fed's Harker supports December rate hike

The Philadelphia Fed President Patrick Harker said on Monday he would support a rate hike next month, adding he expected the central bank to increase rates three times in 2018.

Mon, 13 Nov 2017 04:25:47 GMT

Trump meets Australia, Japan leaders, discusses NK, trade

The US President Donald Trump met Australia's Malcolm Turnbull and Japan's Shinzo Abe at the ASEAN Summit in Manila to discuss North Korea tensions and trade.

Mon, 13 Nov 2017 04:25:06 GMT

Fed policies unlikely to have linkage to Bank of Japan's steps

The US Fed's measures would not have linkage to what the Japan's Central Bank does, but could affect the Bank of Japan's policies through global changes, a BoJ official said.

Mon, 13 Nov 2017 03:04:33 GMT

Statoil looks for EU support for purification of CO2

Norway's oil and gas firm Statoil turned to the EU for help in carbon dioxide purification, as large funds would be required from the country's state budget during many years.

Mon, 13 Nov 2017 03:03:11 GMT

British shoppers diminish spending by most since 2013

The UK shoppers cut their spending by the most in nearly four years in October, Visa's survey showed, adding to signs that weak pay growth squeezed household budgets harder.

Sun, 12 Nov 2017 20:54:05 GMT

Pahor leads by 6% over opponent in Slovenia's election on Sunday

The Slovenian President Borut Pahor is likely to be re-elected on Sunday, as the latest poll in the country's election showed a 6% lead over his main opponent Marjan Sarec.

Sun, 12 Nov 2017 20:53:19 GMT

Brady rejects full elimination of tax deductions

The chairman of the US House Committee on Ways and Means Kevin Brady said on Sunday that he would reject an entire federal deduction for local and state taxes.

Sun, 12 Nov 2017 19:54:21 GMT

Hariri will return to Lebanon within following days

The Lebanon's Prime Minister Saad al-Hariri who resigned from his position on November 4 was to return to the country within days, he told media on Sunday.

Sun, 12 Nov 2017 19:53:53 GMT

League of Arab States is to discuss Iran next week

Following a request from Saudi Arabia, foreign ministers of the League of Arab States is to conduct an extraordinary meeting next week amid Iranian tensions.

Sun, 12 Nov 2017 18:52:38 GMT

Rajoy hopes for high turnout in Catalan election

The Spanish Prime Minister Mariano Rajoy encouraged Catalans to participate actively in the region's December election in order to restore its ‘tranquillity and normality'.

Sun, 12 Nov 2017 18:50:48 GMT

Emirates orders 40 Boeing jets, Airbus order still waiting

The UAE-based carrier Emirates presented on Sunday a draft agreement for 40 Boeing's 787-10 jets worth $15B, while an order for Airbus A380 superjumbos was not still approved.

Sun, 12 Nov 2017 17:56:09 GMT

Reuters: Flydubai seeks deal with Boeing, Airbus about potential jet order

The budget carrier Flydubai was in talks with Boeing and Airbus about a possible order of around 175 passenger jets, Reuters reported on Sunday.

Sun, 12 Nov 2017 17:54:57 GMT

Strata, Solvay join forces to supply Boeing with carbon fibres

Strata, a part of the Abu Dhabi-based Mubadala Aerospace, and the Belgian chemical company Solvay have formed a joint venture to supply carbon fibres to Boeing's 777X.

Sun, 12 Nov 2017 17:00:27 GMT

Russia and UAE in talks to build civil aircraft

Russia's state-owned defense company reported on Sunday that had initiated talks with the UAE for joint production of a civil aircraft in the Gulf state.

Sun, 12 Nov 2017 17:00:15 GMT

US House not to accept total elimination of state and local tax deductions

The chairman of the tax committee in the US House of Representatives reported on Sunday that he would not agree on the total elimination of local and state tax deductions within the final tax reformation.

Sun, 12 Nov 2017 16:07:40 GMT

Turkey says purchase of Russia's missile defense completed

The Turkish Defense Minister reported on Sunday that it had completed the purchase of the S-400 air-defense system from Russia.

Sun, 12 Nov 2017 16:07:31 GMT

Israel signals free hand in Syria as Russia and US expand ceasefire

Israel announced on Sunday that would keep up war strikes across its borders with Syria in order to prevent any invasion by Iranian forces, even though Russia and the US build up an armistice in the area.

Sun, 12 Nov 2017 14:56:28 GMT

Support for Merkel's conservatives drops to six-year low

Support for Angela Merkel's conservatives dropped to the six-year low according to a Sunday's poll, as they were getting ready for more talks over the coalition deal with the pro-business parties.

Sun, 12 Nov 2017 14:56:17 GMT

Vietnam's President and Trump emphasise free and open access to South China Sea

Tran Dai Quang, the Vietnamese President, and the US President Donald Trump emphasised on Sunday the value of open and free access into South China Sea.

Sun, 12 Nov 2017 14:18:06 GMT

UAE agrees with Lockheed Martin to renew F-16 jets for $1.6B

The United Arab Emirates is likely to pay Lockheed Martin $1.63B to upgrade the country's 80 F-16 fighter jets, the Defence Ministry's spokesman stated.

Sun, 12 Nov 2017 14:17:26 GMT

Ireland unlikely to threaten to veto Brexit negotiations yet

Ireland is set not to threaten with the use of veto on Brexit negotiations at this stage on the lack of progress over the Irish border, the PM Leo Varadkar stated.

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