News

Mon, 20 May 2019 06:55:51 GMT

Wynn Resorts plans Massachusetts casino sale

Wynn Resorts has entered talks over a sale of its almost finished Massachusetts casino to its competitor MGM Resorts International, in a potential deal worth $2.6B, both groups announced on the weekend.

Mon, 20 May 2019 06:39:55 GMT

Lions Gate offers Starz to CBS for $5.5M

Lions Gates Entertainment has offered its cable channel Starz to be sold to CBS Corp in a potential deal worth $5.5M, after rebuffing its earlier bid about six months ago, according to Reuters.

Mon, 20 May 2019 06:35:38 GMT

Carlyle considers 25% stake sale in US oil export project

Carlyle Group is in talks with three pipelines and terminals firms, as the company considers a 25% stake sale in its Texas's Corpus Christi crude oil export project for $625M, sources reported on Monday.

Mon, 20 May 2019 05:02:44 GMT

Asian shares remain stable

Asian shares remained stable on Monday, as traders and investors tried to digest another week of trade tensions between China and the United States.

Mon, 20 May 2019 05:02:31 GMT

Australian Dollar edges higher on Monday

The AUD/USD pair rose by 0.80% on Monday. The currency pair upward swing came after Australia's Centre-right Liberal National Party booked a surprise victory in the country's general elections.

Mon, 20 May 2019 04:07:24 GMT

Japan's economy accelerates in January

The Japanese economy grew at an annualised 2.1% in the Q1, driven by contributions from exports. However, the growth was overshadowed by weak domestic spending.

Mon, 20 May 2019 04:03:45 GMT

Crude oil prices surge on Monday

Crude oil prices got off to a steady start on Monday after the Organization of the Petroleum Exporting Countries indicated that it would maintain supply cuts.

Sun, 19 May 2019 19:57:22 GMT

Lockheed Martin secures $1.1B US defence contract

Lockheed Martin's Sikorsky has secured a $1.1B agreement for 12 CH-53K King Stallion helicopters from the Pentagon, the company reports.

Sun, 19 May 2019 19:57:15 GMT

US State Department approves $314M missile sale to South Korea

The US State Department has approved a $314M air defence missile sale to South Korea, the Pentagon reports.

Sun, 19 May 2019 19:10:25 GMT

Saudi crown prince and Pompeo discuss regional developments

Saudi Arabia's crown prince and the US Secretary of State Mike Pompeo on Sunday discussed security and stability in the region.

Sun, 19 May 2019 19:09:50 GMT

ECB wants higher inflation

Inflation in the euro area is not at the level of 2% the ECB wants it to be, the ECB policy maker Klaas Knot says.

Sun, 19 May 2019 18:02:15 GMT

Poll: Bank of Israel to hold rate at 0.25%

Israel's central bank is widely expected to keep the key rate unchanged at 0.25%  for a fourth consecutive month amid a strengthening shekel.

Sun, 19 May 2019 18:01:54 GMT

Zimbabwe central bank secures $500M

Zimbabwe's central bank has received a $500M loan from international banks to assist interbank currency trading and ease dollar shortages, the Governor John Mangudya says.

Sun, 19 May 2019 17:03:25 GMT

Cuba, Turkey to strengthen ties

The Cuban Foreign Minister Bruno Rodriguez met with his Turkish counterpart Mevlut Cavusoglu on Saturday to discuss improvement of bilateral relations.

Sun, 19 May 2019 17:03:17 GMT

Merkel: Croatia euro ambitions realistic

Croatia is on track to join the European common currency area of 19 countries by 2024, the German chancellor Angela Merkel says.

Sun, 19 May 2019 16:09:17 GMT

Lebanese budget deficit to be below 9% of GDP in 2019

The Lebanese budget deficit for 2019 will be below 9% of expected gross domestic product, the Finance Minister Ali Hassan Khalil says.

Sun, 19 May 2019 16:08:42 GMT

Huawei growth to slow slightly on US sanctions

The growth of the Chinese tech giant Huawei Technologies may slow slightly after recent US restrictions, the Founder and Chief Executive Ren Zhengfei says.

Sun, 19 May 2019 15:18:34 GMT

Erdogan: Turkey to produce S-500 together with Russia

Ankara plans to produce S-500 air defence systems together with Russia after the purchase of S-400, the Turkish President Tayyip Erdogan says.

Sun, 19 May 2019 15:18:25 GMT

Canada to ratify new trade pact with USA quickly

Canada plans to move quickly to approve the new North American trade agreement after the US agreed to lift tariffs on aluminium and steel, the Foreign Minister Chrystia Freeland says.

Sun, 19 May 2019 14:11:44 GMT

Bolivia's Morales to run for fourth term

The Bolivian President Evo Morales on Saturday announced his run for a fourth term, defying constitutional term limits.

Sun, 19 May 2019 14:11:36 GMT

Cristina Fernandez to run for VP

Argentina's Cristina Fernandez de Kirchner plans to run as Vice President in the upcoming elections this year instead of challenging the current President Mauricio Macri.

Sun, 19 May 2019 13:04:25 GMT

China asks cities to stabilize home prices

The cities of Nanning, Foshan, Dalian and Suzhou have been asked to stabilize growing land and housing prices, the Chinese Ministry of Housing and Urban-Rural Development reports.

Sun, 19 May 2019 13:04:15 GMT

Saudi Arabia wants to avert war with Iran

Saudi Arabia seeks to avert tensions in the region with Iran, but is ready to respond with "strength" after attacks on Saudi oil assets the previous week.

Sun, 19 May 2019 12:33:14 GMT

Russia waits White House response on leaders' meeting

According to the Interfax news agency, the Kremlin has still not received an answer from the White House over the possibility of Vladimir Putin and Donald Trump meeting.

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