News

Note: This section contains information in English only.
Sun, 18 Aug 2019 10:15:12 GMT

Gibraltar slams leaked Brexit documents

Fabian Picardo, the Chief Minister of Gibraltar, stated on Sunday that leaked documents about Gibraltar's inability to handle no-deal Brexit were incorrect and obsolete.

Sun, 18 Aug 2019 09:28:20 GMT

Iran objects US, UK presence in Gulf

Alireza Tangsiri, the Iranian Revolutionary Guards Navy chief, stated on Sunday that the presence of the US and UK forces in the Gulf region created instability.

Sun, 18 Aug 2019 08:18:04 GMT

Johnson says Parliament cannot stop Brexit

The British Prime Minister Boris Johnson is expected to assure his German and French colleagues that the Parliament has no power to stop Brexit.

Sun, 18 Aug 2019 06:40:07 GMT

Ferrari announces expansion

On Sunday, the premium sports car producer Ferrari announced that it will expand into making easy driven grand touring autos.

Sun, 18 Aug 2019 06:35:59 GMT

Saudi Minister comments on Houthi attack

On Saturday, the Saudi Energy Minister Khalid al-Falih announced that the attack made by rebels on Saudi oil fields was made by in an effort to disrupt oil production.

Sun, 18 Aug 2019 05:36:10 GMT

Telegraph releases Johnson message to EU

On Saturday, the Telegraph announced that the PM of the United Kingdom Boris Johnson will announce in his visit to the EU that the UK Parliament will not stop Brexit.

Sun, 18 Aug 2019 04:30:49 GMT

US and Canada discuss China

On Saturday, the US President and the PM of Canada discussed the wrongful detention of Canadian citizens by China.

Sun, 18 Aug 2019 03:13:58 GMT

Trump holds talks with Trudeau

On Saturday, it was announced that the President of the United States Donald Trump has held talks with the Prime Minister of Canada Justin Trudeau.

Sat, 17 Aug 2019 18:31:08 GMT

Houthi attack disrupts oil supply

On Saturday, a Houthi drone attack on Saudi oil fields caused disruptions in supply. The event is bound to increase crude oil prices.

Sat, 17 Aug 2019 18:01:02 GMT

Standard Chartered faces fines

On Saturday, Sky News reported that Standard Chartered is set to be fined for failing to prevent breaches of sanctions in its banking operations.

Sat, 17 Aug 2019 15:50:43 GMT

China reveals rate reform

On Saturday, the Chinese central bank announced a new interest rate reform that is intended to help reduce borrowing costs.

Sat, 17 Aug 2019 15:44:34 GMT

Apollo Global attempted to buy Tegna

On Friday, the Wall Street Journal reported that the equity firm Apollo Global Management made an attempt to buy the TV operator Tegna.

Sat, 17 Aug 2019 14:52:04 GMT

Mexico cuts interest rates

The Bank of Mexico on Friday did a surprise base interest rate cut by 25 base points, which put the country's base interest rate at 8.0%.

Sat, 17 Aug 2019 14:44:57 GMT

SEC fines Cantor and BMO Capital Markets

On Friday, the US Securities and Exchange Commission fined BMO Capital Markets and Cantor Fitzgerald & Co for improper handling of American Depositary Receipts.

Sat, 17 Aug 2019 13:40:31 GMT

Trump holds conference call with bank CEOs

A Reuters source revealed to the news agency on Friday that the US President Donald Trump has hosted a conference call with the CEOs of JPMorgan, Bank of America and Citigroup.

Sat, 17 Aug 2019 12:45:38 GMT

Amazon defeats IRS appeal

On Friday, Amazon.com won an appeal made by the Internal Revenue Service of the United States. The company won a $1.5 billion worth dispute over the use of a Luxembourg subsidiary for tax optimization.

Sat, 17 Aug 2019 12:27:50 GMT

Crude oil prices surge

Crude oil price ended the week's trading by surging higher. The move was attributes to a decline of the US Dollar.

Sat, 17 Aug 2019 11:31:37 GMT

Fed's Mester wants rate to remain steady

The President of Cleveland Federal Reserve Loretta Mester announced to Reuters that she would most likely want to keep US interest rates steady.

Sat, 17 Aug 2019 10:24:03 GMT

US interest rates might support stock markets

On Saturday, various analysts published the opinion that declining US mortgage rates could boost stock prices during the next week.

Sat, 17 Aug 2019 08:41:52 GMT

UK Finance Minister comments on debt costs

The Finance Minister of the United Kingdom Sajid Javid on Friday announced in an interview to the Times that he intends to take advantage of the current global low debt costs.

Sat, 17 Aug 2019 07:42:36 GMT

Johnson will meet Macron and Merkel

On Friday, the Guardian announced that the Prime Minister of the United Kingdom is expected to meet with Angela Merkel and Emmanuel Macron next week.

Sat, 17 Aug 2019 06:53:40 GMT

US lawmakers back F-16 sales to Taiwan

US lawmakers from both political parties on Friday approved a sale of eight billion worth of F-16 jets to Taiwan.

Sat, 17 Aug 2019 06:32:08 GMT

US judge pressures SEC

On Friday, it was announced that a Federal Judge from California has been pressuring the SEC and Volkswagen to resolve the civil case that was caused by the Dieselgate scandal.

Sat, 17 Aug 2019 04:40:08 GMT

Canada awards General Dynamics with large contract

On Friday, the Canadian government announced that it has awarded a multi-billion contract to General Dynamics. The announcement caused a surge of the company's stock price.

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