News

Sun, 28 Jul 2019 15:23:48 GMT

Rouhani hopes for better relations with UK

The Iranian President Hassan Rouhani stated on Sunday that he hoped "familiarity" of the new British Prime Minister Boris Johnson would help the countries to improve bilateral relations.

Sun, 28 Jul 2019 14:24:38 GMT

China wants to save Iran nuclear pact

Director General of the Chinese Department of Arms Control Fu Cong stated on Sunday that all parties to the Iran nuclear deal wanted to keep it alive and would stand against the US decision to re-impose sanctions.

Sun, 28 Jul 2019 13:28:59 GMT

Iranian parties hold emergency meeting

An Iranian official Abbas Araqchi stated on Sunday that an emergency meeting between the country's parties devoted to the Iran nuclear deal was "constructive".

Sun, 28 Jul 2019 12:18:37 GMT

UK to increase government spending

The UK Junior Treasury Secretary Rishi Sunak stated on Sunday that the government could afford increased spending in order to prepare for a no-deal Brexit.

Sun, 28 Jul 2019 11:26:31 GMT

SAGO to continue sale of flour mills

Saudi Grains Organization (SAGO), Saudi Arabian state grain buyer, stated on Sunday that the next phase of its flour mills sale would start on Wednesday.

Sun, 28 Jul 2019 10:16:34 GMT

UK prepares for no-deal Brexit

The British Prime Minister's supporter Michael Gove stated on Sunday that the government assumed that the EU would not change its position and, accordingly, started preparations for a no-deal Brexit.

Sun, 28 Jul 2019 09:15:51 GMT

Iran to unfreeze heavy water nuclear reactor

Ali Akbar Salehi, the head of the Iranian Atomic Energy Organization, stated on Sunday that the country would renew activities at its Arak nuclear reactor.

Sun, 28 Jul 2019 08:20:26 GMT

SABIC does not plan to acquire Clariant

Saudi Basic Industries Corp CEO Yousef al-Benyan stated on Sunday that the company is satisfied with its 25% stake in Swiss chemicals company Clariant and had no plans to take over it.

Sun, 28 Jul 2019 07:17:16 GMT

India to reconsider overseas sovereign bonds

The Finance Minister of India Nirmala Sitharaman said on Sunday that the government would review a plan to issue overseas sovereign bonds.

Sun, 28 Jul 2019 05:29:26 GMT

LSE plans to acuqire Refinitiv

The London Stock Exchange (LSE) plans to buy software company Refinitiv for $27B in an attempt to boost revenues and extend its global reach.

Sun, 28 Jul 2019 04:20:03 GMT

Hammond, Labour meet to discuss Brexit

According to the Observer, the former UK Chancellor of the Exchequer Philip Hammond met with the opposition Labour Party to discuss ways to halt a no-deal Brexit.

Sun, 28 Jul 2019 02:50:05 GMT

Italy vows to complete rail link with France

According to David Sassoli, the European Union Parliament President, Italy has promised to complete a high-speed rail link connecting the French city of Lyon with Turin.

Sat, 27 Jul 2019 20:00:55 GMT

Russia cuts key rate

The Bank of Russia has cut its lending rate to 7.25% from a previous value of 7.5% amid a slowdown in inflation, the central bank reports.

Sat, 27 Jul 2019 19:08:51 GMT

Russia approves cooperation with Egypt

The Russian Federation Council has ratified an agreement on comprehensive strategic cooperation and partnership between the two countries, the government reports.

Sat, 27 Jul 2019 18:17:09 GMT

Starbucks reports growth in China

Starbucks' sales in China increased 6% in the second quarter of 2019 and net income reached $1.3B for Asia-Pacific region, the Starbucks CEO and President Kevin Johnson says.

Sat, 27 Jul 2019 17:02:38 GMT

Macron to meet Johnson to discuss ties

The French President Emmanuel Macron plans to meet with Britain's new Prime Minister Boris Johnson to discuss ties between the two countries after Brexit.

Sat, 27 Jul 2019 15:59:14 GMT

Alphabet revenue exceeds Q2 expectations

Google's parent company Alphabet revenue increased 19% to $38.94B in the second quarter of 2019, compared to the same period in 2018, exceeding market expectations, the company reports.

Sat, 27 Jul 2019 15:18:27 GMT

Beijing foreign trade rises

Beijing's foreign trade expanded 6.8% to $201B in the first half of this year, compared to the same period the prior year, the Beijing Customs Office reports.

Sat, 27 Jul 2019 13:53:42 GMT

Intel revenue declines in Q2

Intel Corporation's revenue declined 3% in the second quarter of the current year to $16.5B, compared to the same period in 2018, the Intel CEO Bob Swan says.

Sat, 27 Jul 2019 12:58:05 GMT

China seeks investment in Saudi Arabia

China plans to expand investment in small and medium-sized enterprises in Saudi Arabia, the Chairman of the Council for Promoting South-South Cooperation Lv Xinhua says.

Sat, 27 Jul 2019 11:56:36 GMT

Singapore employment growth slows

Employment in Singapore expanded at a slower pace in the second quarter of 2019, compared to the first quarter of 2019 and the same period in 2018, Singapore's Ministry of Manpower says.

Sat, 27 Jul 2019 10:57:42 GMT

Pompeo to visit Asia-Pacific countries

The US Secretary of State Mike Pompeo plans to visit Thailand, Micronesia and Australia in the beginning of August, the State Department reports.

Sat, 27 Jul 2019 10:00:26 GMT

Macao unemployment stable

Macao's unemployment rate remains unchanged at 1.7% in the second quarter of 2019, compared to the first quarter of 2019, the administrative region's statistic service reports.

Sat, 27 Jul 2019 08:57:46 GMT

Argentina economic activity expands

Argentina's economic activity expanded 2.6% in May, compared to the same period in 2018, the first expansion in over a year, the National Institute of Statistic and Census reports.

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