News

Sat, 30 Nov 2019 20:34:10 GMT

CDU wants to work with new SPD leaders

The German Christian Democrats (CDU) stated on Saturday that they would like to work with new leaders of the Social Democrats (SPD).

Sat, 30 Nov 2019 19:38:08 GMT

Fiat Chrysler makes deal with UAW

On Saturday, Fiat Chrysler Automobiles NV has finally made an agreement regarding four-year labour contract with the United Auto Workers.

Sat, 30 Nov 2019 18:28:46 GMT

Germany's Walter-Borjans calls not to rush

The incoming leader of the German Social Democrat Party (SPD) Norbert Walter-Borjans stated on Saturday that there was no need to make an immediate decision on whether to leave the coalition with Angela Merkel.

Sat, 30 Nov 2019 16:10:08 GMT

BMW, Great Wall Motors team up to produce vehicles in China

The German automaker BMW has entered into a joint venture with the Chinese Great Wall Motor to construct a new factory in east China's Jiangsu Province, a statement published by the company shows.

Sat, 30 Nov 2019 14:31:06 GMT

Nepal imports decline

Imports to Nepal have declined 6.92% in the first four months of the current fiscal year to $3.91B, contributing to a decline in trade deficit, a statement published by Nepal's Department of Customs shows.

Sat, 30 Nov 2019 12:44:03 GMT

British Black Friday transactions rise 12.5% vs. 2018

Britain's Black Friday transactions surged as much as 12.5%, in comparison with the previous year, cheering the UK retailers after experiencing a troubled year, Barclaycard's initial data showed.

Sat, 30 Nov 2019 12:32:33 GMT

EU watchdog urges Google for details on data practises

The European Union antitrust regulators called for additional details regarding Google's practices of data collecting that may lead to more regulatory woes, Reuters reported on Saturday.

Sat, 30 Nov 2019 11:35:08 GMT

Nokia aims to halt its row with Daimler

Nokia stated it is working to halt a dispute with Germany's Daimler and other companies regarding the level of fees that are charged for the Finnish company's technology patents.

Sat, 30 Nov 2019 10:01:43 GMT

German car maker Daimler to slash jobs

The German car manufacturer Daimler plans to cut thousands of jobs by the end of 2022 to cut costs, a statement published by the company shows.

Sat, 30 Nov 2019 09:22:58 GMT

Russian central bank improves 2019 growth forecast

The Russian central bank has raised its growth forecast for the current year because of a strong economic growth in the third quarter, a statement shows.

Sat, 30 Nov 2019 08:34:28 GMT

China's PMI bounces back in November

According to the China's National Bureau of Statistics, the country's Purchasing Managers' Index (PMI) has increased from 49.3 in October to 50.2 in November.

Sat, 30 Nov 2019 07:21:50 GMT

New Zealand to increase infrastructure spending

On Saturday, the Finance Minister of New Zealand Grant Robertson announced plans to substantially increase spending on infrastructure projects.

Fri, 29 Nov 2019 21:05:16 GMT

Foreign debt of Belarus declines

The foreign debt of Belarus decreased 2% or $0.3B since the beginning of the current year, a report published by the Finance Ministry shows.

Fri, 29 Nov 2019 20:02:54 GMT

Central Asian leaders promise closer cooperation

Leaders of Kyrgyzstan, Tajikistan, Turkmenistan, Kazakhstan and Uzbekistan have agreed to improve cooperation in trade and infrastructure, the Uzbek President Shavkat Mirziyoyev says.

Fri, 29 Nov 2019 19:29:56 GMT

PM of Mongolia to visit Russia

The Mongolian Prime Minister Ukhnaa Khurelsukh plans to visit Russia at the invitation of Dmitry Medvedev, his Russian counterpart, the Ministry of Foreign Affairs of Mongolia reports.

Fri, 29 Nov 2019 17:42:28 GMT

BMW, Great Wall plan new EV plant construction

Germany's BMW and Great Wall Motor are planning a plant construction in China, worth $716M with the capacity of 160K cars per year, to produce BMW's electric vehicles under its MINI brand, as well as GWA models.

Fri, 29 Nov 2019 16:41:25 GMT

Clariant to take 10% stake in Plant Advanced Technologies

Clariant is set to acquire a 10% stake in Plant Advanced Technologies, the cosmetics ingredients producer, as Swiss speciality chemicals firm seeks to build a strategic partnership with the French company.

Fri, 29 Nov 2019 15:49:13 GMT

Renault-Nissan to relaunch alliance with new head

Renault, Nissan and Mitsubishi are set to name new general secretary at their alliance's helm to strengthen cooperation and resume their joint operations following the ex-chairman Carlos Ghosn's departure.

Fri, 29 Nov 2019 14:43:47 GMT

Thai Beverage explores possible beer IPO

Thai Beverage is considering to sell some beer assets in its potential initial public offering that could attract about $3.0B, Reiters reported on Friday.

Fri, 29 Nov 2019 14:32:22 GMT

Daily Mail owner to acquire 'i' newspaper for £50M

On Friday, Daily Mail newspaper's owner announced it would acquire the "i" website and newspaper from JPI Media in a deal worth £49.6M in cash consideration.

Fri, 29 Nov 2019 13:39:07 GMT

Putin, Zelenskiy likely to discuss gas deal

The Russian and Ukrainian leaders, Vladimir Putin and Volodymyr Zelenskiy, are likely to discuss a natural gas deal during the Paris meeting set for December 9, Kremlin's spokesman stated on Friday.

Fri, 29 Nov 2019 12:15:21 GMT

Daimler to lay off thousands of staff worldwide

On Friday, Daimler announced it would cut at least 10K jobs worldwide by the end of 2022 after the company reached an agreement with labour unions.

Fri, 29 Nov 2019 10:42:22 GMT

Renault and Nissan reboot alliance

On Friday, Mitsubishi, Renault and Nissan announced that the companies would renew their alliance by appointing a new general secretary.

Fri, 29 Nov 2019 10:13:59 GMT

Future Retail shares rise on Amazon investment approval

On Friday, shares in India's Future Retail surged as much as 13%, after the country's antitrust body had granted its approval for a minority stake purchase by Amazon.com.

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