News

Sun, 22 Sep 2019 02:58:04 GMT

Poland's ruling Law and Justice party pledges more spending

On Saturday, Poland's PiS has pledged to provide about $250 million for companies, which want to invest in innovative processes ahead of the country's parliamentary elections in October.

Sun, 22 Sep 2019 01:50:50 GMT

China and Solomon Islands sign diplomatic ties

On Saturday, China and Solomon Islands signed diplomatic ties. Wang Yi, China's top diplomat, said that the move was a transparent decision, a strategic decision and a natural decision.

Sat, 21 Sep 2019 19:26:05 GMT

Baowu finishes merger with Magang

On Thursday, the largest steel producer in China, Baowu Steel Group, has signed an treaty with Magang Holding Co to acquire a 51% stake in the latter.

Sat, 21 Sep 2019 18:21:36 GMT

China-ASEAN relations reach new level

The Chinese Vice Premier Han Zheng stated on Saturday that the country's relations with the Association of Southeast Asian Nations (ASEAN) have reached a new level of all-round development.

Sat, 21 Sep 2019 17:25:53 GMT

King Salman and Xi talk over phone

Shortly after attacks on Saudi oil facilities King Salman had a telephone conversation with the Chinese President Xi Jinping during which two leaders discussed the situation in the Middle East and bilateral relations.

Sat, 21 Sep 2019 15:52:54 GMT

Thomas Cook discusses rescue deal with UK

Ailing travel company Thomas Cook has entered talks with the British government and some of investors over the last-minute rescue deal to protect itself from the corporate collapse that could hit not only thousands of customers, but the whole travel sector.

Sat, 21 Sep 2019 14:50:35 GMT

Commerzbank aims to shed jobs, branches in strategy overhaul

Commerzbank is planning to cut about 2.3K of jobs and shut down some of its branches by 200 to around 800 in its strategy overhaul, following the German bank's failed attempt to tie up with Deutsche Bank.

Sat, 21 Sep 2019 13:47:27 GMT

Facebook halts thousands of apps amid Cambridge Analytica row

Facebook suspended thousands of applications on its social networking platform on the back of Facebook's ongoing app developer probe it launched last year in response to the row that involved Cambridge Analytica.

Sat, 21 Sep 2019 13:36:16 GMT

Google to invest $3.3B in Europe

The Chief Executive Officer of Google Sundar Pichai announced on Friday that the company would invest $3.3B in the expansion of its data centres in Europe.

Sat, 21 Sep 2019 12:50:16 GMT

Lebanese PM discusses economy support with Saudi minister

On Saturday, Saad al-Hariri, the Lebanese Prime Minister, held a talk with the Saudi Finance Minister over support for the Lebanon economy, as well as preparations for the bilateral council first meeting, a media office reported.

Sat, 21 Sep 2019 11:54:22 GMT

Labour's Watson survives attempt to oust him amid Brexit

On Saturday, Labour Party's Deputy Leader Tom Watson has survived a bid to oust him due to Brexit after Jeremy Corbyn, the party chief, moved to defuse a conflict, which threatened to overshadow the party's attempt to show readiness for power.

Sat, 21 Sep 2019 11:38:09 GMT

Saudi Aramco picks Deutsche, UBS as bookrunners for IPO

Saudi Aramco, the state oil company, has selected Deutsche and UBS Group as book runners for the planned initial public offering, marking the deal is moving towards despite an attack on its oil facilities.

Sat, 21 Sep 2019 10:30:04 GMT

Iran ready for self-defence

The head of Iranian Revolutionary Guards stated on Saturday that Iran was ready to defend itself from any aggressor and promised response on any type of attack.

Sat, 21 Sep 2019 09:03:58 GMT

US impose more sanctions on Iran

On Friday, the United States has imposed another set of sanctions on Iran, this time targeting the country's development fund and central bank.

Sat, 21 Sep 2019 08:07:27 GMT

Saudi Aramco CEO addresses employees

The Chief Executive Officer of Saudi Aramco Amin Nasser on Saturday addressed employees saying that after recent attacks on its facilities the company became "stronger than ever".

Sat, 21 Sep 2019 07:08:21 GMT

US approves certain Apple tariff exemptions

According to a document released by the US Trade Representative, 10 out of 15 queries made by Apple regarding tariff exemptions were approved by responsible regulators.

Sat, 21 Sep 2019 05:50:36 GMT

Ryanair pilots cancel strikes

Ryanair announced on Friday that its UK pilots have called off a five-day of strikes planned for September 21-29, as the airline called on the pilots to resume talks in Dublin or the Midlands next week.

Sat, 21 Sep 2019 05:15:41 GMT

India's Petronet set to sign deal with US LNG

According to sources familiar with the discussions, India's Petronet LNG is expected to sign $2.5b deal with the US LNG developer Tellurian Inc.

Sat, 21 Sep 2019 04:01:12 GMT

Trump sanctions Iran's Central Bank

The US President Donald Trump has ordered sanctions on the Central Bank of Iran, following last week's attacks on oil plants in Saudi Arabia.

Sat, 21 Sep 2019 03:03:49 GMT

Japan's Mitsubishi says Singapore-based oil trader lost $320M

Japan's Mitsubishi Corp said on Friday that a Singapore-based oil trader lost about $320 million in unauthorised trades in crude oil derivatives.

Sat, 21 Sep 2019 01:58:36 GMT

Saudi Arabia shows attack oil facilities damage to media

On Friday, Saudi Arabia took the international media to inspect oil plants hit by attacks that Washington and Riyadh blame on Tehran.

Fri, 20 Sep 2019 19:50:38 GMT

Fitbit in talks over potential sale

Fitbit Inc, the wearable device maker, was in discussions with the investment bank Qatalyst Partners over a potential sale due to challenges in successfully switching to smart watches from fitness trackers, according to Reuters.

Fri, 20 Sep 2019 18:51:02 GMT

Ryanair pilots cancel strikes

Ryanair announced on Friday that its UK pilots have called off a five-day of strikes fixed for September 21-29, as the airline called on the pilots to resume talks in Dublin or the Midlands next week.

Fri, 20 Sep 2019 17:50:53 GMT

India's Petronet set to sign deal with US LNG

According to sources familiar with the matter, India's Petronet LNG is expected to sign $2.5b deal with the US LNG developer Tellurian Inc.

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