News

Note: This section contains information in English only.
Sat, 20 Apr 2019 07:54:45 GMT

Brazilian President changes opinion on post sale

On Friday, a government source revealed to Reuters that the Brazilian President Jair Bolsonaro no longer opposes the nationalization of the Brazilian national post office.

Sat, 20 Apr 2019 07:54:37 GMT

IMF issues loan to Mozambique

The International Monetary Fund announced on Friday that it has granted Mozambique a $118.2 million loan to rebuild infrastructure in the aftermath of a devastating cyclone.

Sat, 20 Apr 2019 07:25:42 GMT

Government resigns in Mali

The government of Mali has resigned due to failing to decrease violence. The Prime Minister and his government stepped down after a recent increase of violence between tribes, which resulted in the massacre of 160 people.

Sat, 20 Apr 2019 07:25:33 GMT

Qatar's sovereign fund buys New York real estate

On Friday, the Qatar Investment Authority and Crown Acquisitions announced that they were the anonymous investors, which bought real estate in New York from Vornado Realty Trust for $5.56 billion.

Sat, 20 Apr 2019 05:43:52 GMT

SEC fines Prosper Funding

The US Securities and Exchange Commission has fined Prosper Funding with a fine of three million USD for overstating the fund's net returns.

Sat, 20 Apr 2019 05:43:28 GMT

Biden prepares to announce presidential run

A report published by the Atlantic on Friday revealed that Joe Biden is preparing to announce his candidacy for the presidency on Wednesday. The leak is assumed to be intentional to test the public's reaction.

Sat, 20 Apr 2019 05:30:46 GMT

US building statistics decline

US statisticians on Friday published homebuilding statistics which revealed that construction of private homes in March reached a two year low level.

Sat, 20 Apr 2019 05:30:16 GMT

Protesters block Societe Generale

On Friday, climate change protesters descended upon the headquarters of the leading French bank Societe Generale. The protesters blocked people from entering the building.

Sat, 20 Apr 2019 04:14:16 GMT

Netherlands expects 17 million tourists

The Dutch Tourism Bureau announced this week that it is expecting seventeen million tourists to visit the country during the Easter holidays. The tourists are forecast to spend nearly 300 million Euros.

Sat, 20 Apr 2019 04:14:08 GMT

SpiceJet gives preference to Jet Airways employees

The Chairman of Spice Jet Ajay Singh announced on Friday that his company is giving a hiring preference to ex-employees of Jet Airways. Jet Airways has been decreasing their staff in an effort to cut costs.

Sat, 20 Apr 2019 02:40:20 GMT

Pakistan's PM hints at further cabinet changes

The Prime Minister of Pakistan Imran Khan announced on Friday that the PM is ready to do more changes to his cabinet, if it will be required. The announcement came after a reshuffle of ministers.

Sat, 20 Apr 2019 02:40:12 GMT

Fiat Chrysler recalls Dart cars

On Friday, Fiat Chrysler announced that the company is recalling 320,000 Dodge Dart cars. The cars have a defect that could cause them to roll away.

Sat, 20 Apr 2019 02:23:37 GMT

Juncker comments on Brexit

The head of the European Union's executive power Jean-Claude Juncker announced on Friday that he still sees a possible no-deal Brexit occurring.

Sat, 20 Apr 2019 02:23:09 GMT

Tesla decreases board member count

On Friday, Tesla Inc announced that the company is decreasing the amount of executive board members from eleven to seven. Four board members intend to leave during the next two years.

Fri, 19 Apr 2019 20:25:05 GMT

Pompeo refuses to leave North Korean talks

The US Secretary of State Mike Pompeo stated on Friday that he would continue leading his team in negotiations with North Korea despite the protest of the latter.

Fri, 19 Apr 2019 19:27:55 GMT

Biden to join presidential race

According to sources familiar with the matter, the ex-Vice President Joe Biden is expected to formally announce his participation in 2020 presidential race on Wednesday.

Fri, 19 Apr 2019 19:23:33 GMT

National Assembly to vote on PDVSA bond payments

The National Assembly of Venezuela is expected to gather next week and vote on whether to approve $71M PDVSA's bond interest payment.

Fri, 19 Apr 2019 18:28:52 GMT

QIA acquires VRT's properties

The Qatar Investment Authority (QIA) together with Crown Acquisitions have acquired a stake in a portfolio of New York real estate owned by Vornado Realty Trust (VRT).

Fri, 19 Apr 2019 18:21:07 GMT

USITC says imports from China harm US producers

The US International Trade Commission (USITC) stated on Friday that deliveries of Chinese wooden cabinets are damaging local producers and might lead to the imposition of tariffs on the imported products.

Fri, 19 Apr 2019 16:56:06 GMT

Pompeo says US is still pressing DPRK for denuclearisation

Mike Pompeo, the US Secretary of State, said on Friday that the United States diplomatic efforts would continue toward the denuclearisation of North Korea.

Fri, 19 Apr 2019 16:55:57 GMT

China to maintain policy support for economy

On Friday, the Communist Party said that China would keep maintaining the policy that supports the economy, as pressure lingers.

Fri, 19 Apr 2019 16:02:49 GMT

Ukraine's new president could regain control of Donbass

Viktor Medvedchuk, the Moscow's closest ally in Ukraine, said on Friday that the new Ukrainian President might regain full control of Eastern Ukraine, if the leader repairs ties with Kremlin.

Fri, 19 Apr 2019 16:02:38 GMT

Zelenskiy leads in Ukraine's presidential election

According to a poll, released by research body Reiting, showed that Volodymyr Zelenskiy, a comic actor, led by 57.9% against incumbent President Petro Poroshenko in the Ukrainian Presidential election.

Fri, 19 Apr 2019 15:10:15 GMT

US homebuilding reaches near two-year low

According to data released by the US Commerce Department on Friday, showed that homebuilding approached a two-year low level in March.

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