News

Note: This section contains information in English only.
Sat, 04 May 2019 13:21:24 GMT

SAS staff strike ends

According to the Swedish News SVT, pilots of the Scandinavian Airlines (SAS) have stopped a strike after an agreement with the company's management was reached.

Sat, 04 May 2019 12:21:13 GMT

China calls ADB to support multilateralism

The Finance Minister of China Liu Kun on Saturday called the Asian Development Bank (ADB) to support multilateralism and stimulate development of the Asia-Pacific region.

Sat, 04 May 2019 12:17:44 GMT

South Africa takes steps to attract more tourists

The South African Tourism Minister Derek Haneko stated on Saturday that the government is working on the introduction of e-visas to take it easier for tourists to visit the country.

Sat, 04 May 2019 11:26:10 GMT

Putin, Trump discuss Venezuela and Ukraine

On Friday evening, the US President Donald Trump had a telephone conversation with Russian President Vladimir Putin during which they discussed Ukrainian and Venezuelan crises as well as denuclearization of the Korean Peninsula.

Sat, 04 May 2019 11:23:37 GMT

US, China hold talks in Beijing

The US Treasury Secretary Steven Mnuchin travelled to Beijing this week to meet with Chinese Vice Premier Liu He and hold a 10th round of bilateral trade talks between two countries.

Sat, 04 May 2019 10:22:15 GMT

Brooks Running to relocate production

The Brooks Running CEO Jim Weber stated on Saturday that the company would relocate signifficant part of shoe production to Vietnam from China.

Sat, 04 May 2019 10:18:26 GMT

Hunt hopes that compromise will be found

The British Foreign Minister Jeremy Hunt stated on Saturday that there was a "glimmer of hope" that Labour and Conservative parties could reach a mutually satisfactory agreement on Brexit.

Sat, 04 May 2019 09:11:06 GMT

Gauke calls political parties to flexibility

The British Justice Minister David Gauke stated on Saturday that Labour and Conservative parties must find a compromise in order to push the Brexit deal through the Parliament.

Sat, 04 May 2019 09:04:40 GMT

May says deal with Labour coming soon

The British Prime Minister Theresa May stated on Saturday that an agreement on Brexit with the opposition Labour Party would be concluded soon.

Sat, 04 May 2019 08:20:22 GMT

South Korea urges its neighbour to maintain peace

On Saturday, South Korean authorities called its northern counterparts to avoid actions that would increase military tensions on the Peninsula.

Sat, 04 May 2019 08:17:03 GMT

Rouhani calls to resists US pressure

The President of Iran Hassan Rouhani stated on Saturday that the country must resist American sanctions by continuing oil exports and boost of non-oil exports.

Sat, 04 May 2019 05:51:03 GMT

Pakistan's government fires Central Bank governor

According to two government officials, the Pakistani government has sacked Pakistan's Central Bank Governor and the head of the tax collection.

Sat, 04 May 2019 05:50:52 GMT

Trump to decide if McGahn can testify to Congress

On Friday, the US President Donald Trump said that he would decide next week if to allow the former White House attorney Don McGahn to testify before the US Congress.

Sat, 04 May 2019 04:53:06 GMT

US Dollar declines on Friday

On Friday, the US Dollar edged lower against a basket of major currencies, as traders and investors focused on the soft spots in the US jobs report.

Sat, 04 May 2019 04:52:56 GMT

Global equity markets surge

Global stocks edged higher on Friday after data showed that the US job growth edged higher in April and the unemployment rate dropped a 49-year low.

Sat, 04 May 2019 03:50:45 GMT

Williams argues for keeping interest rates 'lower for longer'

John Williams, the New York Federal Reverse's President, is arguing the case for how the US Federal Reverse could keep the interest rates 'lower and longer' after periods of low inflation.

Sat, 04 May 2019 03:50:36 GMT

US unemployment rate at 49-year low

The US Labor Department said employers added 263,000 jobs in April and the unemployment rate fell to a 49-year low.

Sat, 04 May 2019 02:50:49 GMT

Wall Street's main indexes edge higher

On Friday, the S&P 500 and the Nasdaq rose by 3.2% after data showed that the US job growth edged higher in April.

Sat, 04 May 2019 02:50:40 GMT

Putin and Trump discuss possibility of new nuclear deal

The White House said on Friday that the US President Donald Trump spoke by phone with the Russian President Vladimir Putin to talk about the possibility the new nuclear accord.

Sat, 04 May 2019 02:05:46 GMT

Mester forecasts US economy to grow by 2.5%

Loretta Mester, the Cleveland Federal Reverse's President, said on Friday that the US economy would grow by 2% - 2.5% in 2019.

Sat, 04 May 2019 02:04:48 GMT

Oil prices surge on strong US economic data

Oil prices edged higher by 1% on Friday, boosted by strong US job growth and as the decline in crude oil supply from Venezuela and Iran tightened the market.

Fri, 03 May 2019 20:31:27 GMT

Venezuela uses cash for FX operations

According to sources close to the Central Bank of Venezuela, high inflation forced the bank to substitute electronic transfers, with cash to cover operations that involve foreign exchange.

Fri, 03 May 2019 20:27:43 GMT

Eletrobras fails to reach workforce reduction goal

Brazilian Eletrobras stated on Friday that its voluntary buyout program did not allow the company to achieve its goal of reduction of workforce.

Fri, 03 May 2019 19:17:47 GMT

Putin, Trump discuss Venezuela

The US President Donald Trump stated on Friday that one of the topics that he discussed with Vladimir Putin was the Venezuelan crisis and the provision of aid to its people.

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