News

Sat, 22 Dec 2018 15:47:55 GMT

Judge overturns injunction against Embraer-Boeing deal

A Brazilian judge has overturned the ruling, which had paused the sale of the Brazilian plane maker Embraer to Boeing.

Sat, 22 Dec 2018 15:47:28 GMT

VW diesel scandal will cost additional two billion

On Saturday, Volkswagen CFO announced that in 2019 the diesel cheating scandal will cost additional two billion Euros. The scandal cost the company in 2018 already 5.5 billion Euros.

Sat, 22 Dec 2018 15:34:23 GMT

Iran comments on US presence in Syria

Iranian officials on Saturday announced that the US military presence in Syria was an illogical mistake from the start of the conflict.

Sat, 22 Dec 2018 15:34:16 GMT

Possible US Government shutdown date is revealed

On Saturday, it was speculated by financial media that the US government shutdown most likely will end on January 3. On that day the new Congress takes control of the House of Congress.

Sat, 22 Dec 2018 14:24:43 GMT

Corbyn issues another statement on Brexit

On Saturday, the leader of the UK Labour party announced that a renegotiated Brexit would continue under a Labour majority government.

Sat, 22 Dec 2018 14:23:52 GMT

US states run government services

As the US government was shut down on Saturday, many services were taken over by local and state authorities. Even tourist attractions as national parks continued to function.

Sat, 22 Dec 2018 12:41:16 GMT

SpaceX will retry national security mission

On Saturday, Elon Musk scheduled to conduct a long delayed launch of a military navigation satellite. The event would mark the company's first successful national security mission.

Sat, 22 Dec 2018 12:41:09 GMT

Yellow vest protests quiet down

During this weekend the Yellow Vest protests were sparsely attended by protestors. Meanwhile, the death toll of the protests increased to ten, as a car driver hit a road block made by the protesters.

Sat, 22 Dec 2018 12:23:35 GMT

Cuba's economic growth to reach 1.5% next year

The Cuban Economy and Planning Minister Alejandro Gil Fernandez stated on Saturday that in 2019 the country's economy is expected to grow at 1.5% instead of the current 1.2%.

Sat, 22 Dec 2018 12:19:14 GMT

UK Rudd condemns Juncker's behaviour at EU summit

The British Secretary of State for Work and Pension Amber Rudd condemned on Saturday behaviour of the President of the European Commission Jean-Claude Juncker at the EU summit and called it not palatable and strange.

Sat, 22 Dec 2018 11:27:31 GMT

Russia says disappointed with UNGA vote on INF Treaty

The Foreign Ministry of Russia stated on Saturday that latest vote of the United Nations General Assembly (UNGA) on the INF Treaty represented another hit to international security.

Sat, 22 Dec 2018 11:23:02 GMT

Labourites want to lead renegotiated Brexit

The head of British Labour Party Jeremy Corbyn said on Saturday that he would renegotiate terms of deal on Brexit if he won next year elections.

Sat, 22 Dec 2018 10:22:44 GMT

Pompeo and Mahdi discuss US withdrawal from Syria

On Saturday, the Iraqi Prime Minister Adel Abdul Mahdi had a conversation with the US Secretary of State Mike Pompeo about the announced withdrawal of the US troops from Syria.

Sat, 22 Dec 2018 10:19:47 GMT

Iran repeadetly criticize US presence in Syria

The Foreign Ministry of Iran stated on Saturday that presence of American troops in Syria from the start had been a mistake and a source of instability.

Sat, 22 Dec 2018 09:19:54 GMT

Malaysia plans to get $7.5B in reparations from Goldman

According to report published by the Financial Times, Malaysian authorities are planning to get reparations worth $7.5B from Goldman Sachs over its operations with scandalous 1MDB.

Sat, 22 Dec 2018 09:14:14 GMT

Credit Suisse to boost ROTE

One of Credit Suisse Chairmen Urs Rohner stated on Saturday that the company plans to lower costs and close its Strategic Resolution Unit in order to increase return on tangible equity (ROTE) to minimum 10%.

Sat, 22 Dec 2018 07:42:57 GMT

US and Canada call on release of detained Canadian citizens in China

On Saturday, US officials joined the Canadian demand for the release of two Canadian citizens, who are believed to have been detained as a reprisal for the arrest of the Huawei CFO.

Sat, 22 Dec 2018 07:41:39 GMT

Bloomberg reports on Trump and Powell conflict

It was reported on Saturday by Bloomberg that US President Donald Trump has discussed the option of firing the head of the Federal Reserve only in private. No official meetings have been held.

Sat, 22 Dec 2018 07:18:51 GMT

US officials will discuss exchange rates with Japanese counterparts

It was revealed on Saturday that the US representatives that are bound for Japan for trade talks are intending to also discuss possible exchange rate manipulation.

Sat, 22 Dec 2018 07:18:14 GMT

Trump comments on government shutdown

The US President Donald Trump announced late on Friday that the partial shutdown of the US government is most likely not going to last long.

Sat, 22 Dec 2018 05:42:05 GMT

US will request duty free market in Japan

The plans of the White House for trade negotiations with Japan on Saturday revealed that the US intends to secure a duty-free market access for industrial products.

Sat, 22 Dec 2018 05:13:23 GMT

White House reveals plans for talks with Japan

On Saturday, representatives of the US White House administration revealed their goals for trade negotiations with Japan. In general, the US want to decrease the country's trade deficit.

Sat, 22 Dec 2018 04:44:26 GMT

Salary of incoming Campbell Soup CEO is revealed

Representatives of Campbell Soup Company on Friday revealed that the incoming CEO Mark Clouse will be paid $7.4 million annually.

Sat, 22 Dec 2018 04:43:54 GMT

US government enters shutdown state

On Saturday, as Friday ended, the US government entered a shutdown state due to not agreeing on issuing additional financing for border control.

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