News

Wed, 02 Jan 2019 20:01:31 GMT

Oil prices edge higher by 4% on Wednesday

On Wednesday, crude oil prices increased about 4%, led by gains in US stock markets, but worries remained over rising output and global economic growth.

Wed, 02 Jan 2019 19:16:27 GMT

Trump to meet with North Korean leader soon

On Wednesday, the US President Donald Trump said that he would meet with North Korea's leader Kim Jong Un soon, as his administration works toward the denuclearisation of the Korean Peninsula.

Wed, 02 Jan 2019 19:16:10 GMT

Trump says trade talks with China are going very well

On Wednesday, the US President Donald Trump said that trade negotiations with China are coming along quite well, as he sounded upbeat about talks to end the trade war.

Wed, 02 Jan 2019 18:02:27 GMT

Netflix appoints Neumann as CFO

On Wednesday, Netflix Inc announced the appointment of Spencer Neumann as its Chief Financial Officer.

Wed, 02 Jan 2019 18:00:56 GMT

Wall Street rebound on Wednesday

US shares regained some of its lost positions on Wednesday, as gains in bank and energy stocks led the pullback.

Wed, 02 Jan 2019 17:32:52 GMT

Hyundai expects tough 2019 amid weak demand from US, China

Hyundai Motor flagged another year of tepid growth in car sales after a slow 2018, indicating that trade protectionism added uncertainty, while the main markets such as China and the US remained sluggish.

Wed, 02 Jan 2019 17:27:54 GMT

Mexico manufacturing activity still weak in December

The manufacturing sector of Mexico contracted for the second straight month in December, affected by declining business sentiment, a survey revealed.

Wed, 02 Jan 2019 16:34:43 GMT

Norway's EV sales zip to new high

A significant part of new car sales in Norway were related to electric cars, reaching a new record, as the country strives to end fossil-fuelled car's sales by 2025.

Wed, 02 Jan 2019 16:32:02 GMT

EZ factories reveal weak growth in 2018 end

The EZ manufacturing activity barely grew at the end of last year in a wide slowdown, according to the survey, showing a scant sign for optimism in the begging of 2019.

Wed, 02 Jan 2019 14:54:38 GMT

Wall Street opens lower on Wednesday

Wednesday's trading session in the US started with a decline by the top stock indices. The losses ranged from 1.15% to 1.93%.

Wed, 02 Jan 2019 14:54:09 GMT

Canadian manufacturing growth slows

On Wednesday, it was revealed that the growth of the Canadian manufacturing sector in December was the slowest during a two year period.

Wed, 02 Jan 2019 13:44:48 GMT

Bolsonaro gives Ministry of Agriculture power to decide on indigenous land

On Wednesday, the Brazilian President Jair Bolsonaro gave Brazil's Ministry of Agriculture power to decide on lands claimed by the indigenous people.

Wed, 02 Jan 2019 13:44:38 GMT

Global equity markets nurse 2019 on downbeat note

After brutal 2018, global stocks market began the New Year on a decline, bond yields and crude oil prices edged lower, while the Yen strengthened on Wednesday.

Wed, 02 Jan 2019 13:02:25 GMT

Japanese Yen surges on Wednesday

On Wednesday, the Japanese currency strengthened sharply across the board, as global economic growth concerns curb risk appetite.

Wed, 02 Jan 2019 13:02:18 GMT

Oil prices hit $53 per barrel on Wednesday

On Wednesday, crude oil prices hit about $53 per barrel, as the pressure of oversupply and economic worries weaken demand.

Wed, 02 Jan 2019 11:50:04 GMT

Foreign Secretary of the UK comments on Brexit deal

On Wednesday, the Foreign Secretary of the United Kingdom announced that the Prime Minister of the country will manage to push her Brexit deal through parliament.

Wed, 02 Jan 2019 11:49:06 GMT

Didi launches new financial service

The Chinese car sharing company Didi announced on Wednesday that the company will launch new credit and crowdfunding services.

Wed, 02 Jan 2019 10:47:49 GMT

German manufacturing PMI is published

The Markit PMI for the manufacturing sector in Germany was released on Wednesday. It revealed that growth has slowed down in the sector.

Wed, 02 Jan 2019 10:47:27 GMT

Indian state oil companies ignore government price cut

On Wednesday, it was announced that Indian state owned fuel retail companies are no longer setting a one rupee cut on prices that was mandated by the government.

Wed, 02 Jan 2019 10:04:04 GMT

Asian stocks surge higher

Despite financial media stating that growth slowdown fears caused a decline of European stocks, Asian stock indices surged on Wednesday.

Wed, 02 Jan 2019 10:03:41 GMT

European stocks decline on Wednesday

European stock indices started the year with a decline. Financial media blamed fears of a slowdown of global growth.

Wed, 02 Jan 2019 08:30:10 GMT

Philippine December inflation expected to slow to six-month low

Philippine inflation is seen easing to its six-month low in the previous month on slowing fuel and food prices, raising the possibility for the country's central bank to leave the policy rates unchanged for 2019.

Wed, 02 Jan 2019 08:24:14 GMT

Playtech to pay €28M in settlement with Israel tax authorities

Playtech, the gambling software company, is set to pay €28M under the settlement with Israel's tax authorities after its accounts' audit for the 2008-2017 years, the firm stated on Wednesday.

Wed, 02 Jan 2019 07:38:54 GMT

Israel Aerospace seeks investing in Aeronautics

Israel Aerospace Industries, the state-owned defence contractor, has launched talks with the local drone producer Aeronautics, seeking to make an investment in the company.

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