News

Note: This section contains information in English only.
Sun, 24 Nov 2019 03:51:47 GMT

Spanish exports increase 1.6%

Spain's exports of goods grew 1.6% between January and September this year, amounting to €215.6B, a record-high figure for the period.

Sat, 23 Nov 2019 21:31:54 GMT

Bolsonaro says authorities ready for any social unrest

The President of Brazil Jair Bolsonaro stated on Saturday that police was prepared to tackle any kind of protest, though there was no need for concern.

Sat, 23 Nov 2019 20:29:27 GMT

Novartis to close $7B deal soon

According to the Wall Street Journal, the Swiss drugmaking company Novartis AG is about to finish $7B acquisition of the US biotech firm The Medicines Co.

Sat, 23 Nov 2019 19:22:56 GMT

US urges Canada to reject Huawei's 5G

Robert O'Brien, the US National Security Adviser, urged his Canadian colleagues on Saturday to drop plans of using Huawei's 5G technology, citing information security concerns.

Sat, 23 Nov 2019 18:32:42 GMT

US, China might sign deal in December

The US National Security Adviser Robert O'Brien stated on Saturday that the United States and China still have a chance to sign a phase one trade deal by the end of this year.

Sat, 23 Nov 2019 16:59:46 GMT

South Korea and Japan agree to hold summit in December

The Japanese Foreign Ministry announced on Saturday that South Korea and Japan have agreed to hold a formal summit in December, to improve their strain relationship in recent months.

Sat, 23 Nov 2019 15:53:13 GMT

BASF begins construction of $10B petrochemicals project in China

BASF, the German chemical giant, has started construction of $10 billion petrochemicals project in the southern province of China, the company announced on Saturday.

Sat, 23 Nov 2019 14:56:50 GMT

Scholz comments on euro zone bailout fund reform

Olaf Scholz, the German Finance Minister, said on Saturday that the Eurozone bailout fund reform would not involve automatic debt restructuring.

Sat, 23 Nov 2019 13:57:59 GMT

Australia to give Papua New Guinea $300M loan

On Saturday, Australia announced that it would give $300 million loans to Papua New Guinea, as direct budget support for the Pacific nation.

Sat, 23 Nov 2019 13:03:54 GMT

Vodafone, Bharti ask Indian top court to review on payment dues

On Saturday, the Indian top telecom companies, Vodafone Idea and Bharti Airtel have asked India's Supreme Court to review a ruling demanding the firms to pay overdue levies of $13B to the government.

Sat, 23 Nov 2019 12:02:57 GMT

Kyung-wha seeks constructive US involvement

South Korea's Foreign Ministry said on Saturday that its FM Kang Kyung-wha has asked the United States to play a constructive role in resolving issues between Japan and South Korea.

Sat, 23 Nov 2019 11:29:26 GMT

Japan, South Korea to hold summit in December

On Saturday, Japan and South Korea agreed to hold a formal summit next month in order to improve bilateral ties.

Sat, 23 Nov 2019 10:11:09 GMT

BASF begins petrochemical project in China

On Saturday, BASF, the German chemical company, has started realization of its $10B petrochemicals project in the province of Guangdong.

Sat, 23 Nov 2019 09:14:11 GMT

Labour promises to take action on multinationals

The UK opposition Labour Party is expected to hold a rally today against multinational companies cheating the government and workers on taxes and wages.

Sat, 23 Nov 2019 07:02:46 GMT

Deutsche Bank files lawsuit against Madoff feeder funds

Deutsche Bank has filed a lawsuit against Bernard Madoff feeder funds, accusing them of backing out of their 2011 agreement to sell about $1.6B of claims in the liquidation of the swindler's company.

Sat, 23 Nov 2019 06:00:25 GMT

Bitcoin declines to six-month low

Bitcoin cryptocurrency plunged below $7300 on Friday, hitting its lowest level in 6 months, after the People's Bank of China began a crackdown on virtual cryptocurrencies.

Sat, 23 Nov 2019 05:37:44 GMT

Corbyn promises to remain neutral

The UK opposition leader Jeremy Corbyn stated on Friday that he would keep neutral position in any second referendum on Britain's exit from the European Union.

Sat, 23 Nov 2019 04:51:10 GMT

M&S appoints former Tesco's CEO

On Friday, Marks & Spencer, the British retailer company, has appointed the former Tesco's Chief Executive Richard Price, as the managing director of the clothing & home business.

Sat, 23 Nov 2019 03:52:09 GMT

SAA and trade union reach wage deal

The Commission for Conciliation, Mediation and Arbitration announced on Friday that the wage dispute between the South African Airways and the trade unions have been resolved.

Sat, 23 Nov 2019 03:07:57 GMT

Farage vows to continue campaigning

On Friday, Nigel Farage, the leader of Brexit Party, said that he would continue campaigning, as he unveiled the Brexit Party's general election policies.

Fri, 22 Nov 2019 20:47:45 GMT

Deutsche Bank files lawsuit against Madoff feeder funds

Deutsche Bank has filed a lawsuit against Bernard Madoff feeder funds, accusing them of backing out of their 2011 agreement to sell about $1.6B of claims in the liquidation of the swindler's company.

Fri, 22 Nov 2019 19:54:07 GMT

M&S appoints former Tesco's CEO

On Friday, Marks & Spencer, the British retailer company, has appointed the former Tesco's Chief Executive Richard Price, as the managing director of the clothing & home business.

Fri, 22 Nov 2019 18:57:51 GMT

Tesla unveils electric pickup truck

Tesla's Chief Executive Officer Elon Musk unveiled the company's electric pickup truck on Thursday. The vehicle, which represents a large metallic trapezoid, will be priced from $39,900.

Fri, 22 Nov 2019 18:04:53 GMT

FCC set to vote to bar China's ZTE and Huawei

The US FCC plans to vote on Friday to designate ZTE and Huawei as a national security risk and to bar the use of funds from the $8.5B government program to purchase equipment or services from those firms.

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