News

Sat, 20 Apr 2019 02:40:12 GMT

Fiat Chrysler recalls Dart cars

On Friday, Fiat Chrysler announced that the company is recalling 320,000 Dodge Dart cars. The cars have a defect that could cause them to roll away.

Sat, 20 Apr 2019 02:23:37 GMT

Juncker comments on Brexit

The head of the European Union's executive power Jean-Claude Juncker announced on Friday that he still sees a possible no-deal Brexit occurring.

Sat, 20 Apr 2019 02:23:09 GMT

Tesla decreases board member count

On Friday, Tesla Inc announced that the company is decreasing the amount of executive board members from eleven to seven. Four board members intend to leave during the next two years.

Fri, 19 Apr 2019 20:25:05 GMT

Pompeo refuses to leave North Korean talks

The US Secretary of State Mike Pompeo stated on Friday that he would continue leading his team in negotiations with North Korea despite the protest of the latter.

Fri, 19 Apr 2019 19:27:55 GMT

Biden to join presidential race

According to sources familiar with the matter, the ex-Vice President Joe Biden is expected to formally announce his participation in 2020 presidential race on Wednesday.

Fri, 19 Apr 2019 19:23:33 GMT

National Assembly to vote on PDVSA bond payments

The National Assembly of Venezuela is expected to gather next week and vote on whether to approve $71M PDVSA's bond interest payment.

Fri, 19 Apr 2019 18:28:52 GMT

QIA acquires VRT's properties

The Qatar Investment Authority (QIA) together with Crown Acquisitions have acquired a stake in a portfolio of New York real estate owned by Vornado Realty Trust (VRT).

Fri, 19 Apr 2019 18:21:07 GMT

USITC says imports from China harm US producers

The US International Trade Commission (USITC) stated on Friday that deliveries of Chinese wooden cabinets are damaging local producers and might lead to the imposition of tariffs on the imported products.

Fri, 19 Apr 2019 16:56:06 GMT

Pompeo says US is still pressing DPRK for denuclearisation

Mike Pompeo, the US Secretary of State, said on Friday that the United States diplomatic efforts would continue toward the denuclearisation of North Korea.

Fri, 19 Apr 2019 16:55:57 GMT

China to maintain policy support for economy

On Friday, the Communist Party said that China would keep maintaining the policy that supports the economy, as pressure lingers.

Fri, 19 Apr 2019 16:02:49 GMT

Ukraine's new president could regain control of Donbass

Viktor Medvedchuk, the Moscow's closest ally in Ukraine, said on Friday that the new Ukrainian President might regain full control of Eastern Ukraine, if the leader repairs ties with Kremlin.

Fri, 19 Apr 2019 16:02:38 GMT

Zelenskiy leads in Ukraine's presidential election

According to a poll, released by research body Reiting, showed that Volodymyr Zelenskiy, a comic actor, led by 57.9% against incumbent President Petro Poroshenko in the Ukrainian Presidential election.

Fri, 19 Apr 2019 15:10:15 GMT

US homebuilding reaches near two-year low

According to data released by the US Commerce Department on Friday, showed that homebuilding approached a two-year low level in March.

Fri, 19 Apr 2019 15:09:27 GMT

Fiat Chrysler Automobiles to recall 320k Dart cars

On Friday, Fiat Chrysler said it would recall about 320,000 automatic transmission Dart cars in the US, Mexico and Canada, that could roll away due to defection.

Fri, 19 Apr 2019 13:55:41 GMT

Malaysia reviews multi-billion project

Malaysian officials revealed on Friday that the government is reviving a multi-billion property project, which previously was stopped due to the fact that it is being developed by a venture linked to China.

Fri, 19 Apr 2019 13:55:26 GMT

South Korea increases clean energy efforts

On Friday, the South Korean government announced that it is improving its shift to cleaner energy efforts. In general, the government set long term renewable power production targets.

Fri, 19 Apr 2019 12:44:36 GMT

Japanese officials comment on sales tax

On Friday, top officials of the Japanese government announced that the government will stick to its plan to hike sales tax in October despite any rumours.

Fri, 19 Apr 2019 12:44:29 GMT

Thailand plans growth investment

Thai officials announced on Friday that the country's government intends to spend $630 million to boost economic growth. Namely, the country intends to subsidize some of its industries.

Fri, 19 Apr 2019 11:42:08 GMT

China promotes wind power

On Friday, Chinese officials announced that the country's government will promote the use of wind energy to power heating systems for the winter season. China is known for being one of the most wind polluted countries.

Fri, 19 Apr 2019 10:38:30 GMT

Nissan slams output cut report

On Friday, Nissan announced that a report published by Nikkei that stated that the company has decreased its production is false. The report hurt the company's stock by indicating that Nissan will have lower profits.

Fri, 19 Apr 2019 10:30:59 GMT

Taiwan's export orders decline

A Reuters poll results published on Friday revealed that orders for Taiwanese exports declined in March for the fifth month in a row. Some Financial outlets blamed global tech demand decline. Meanwhile, note that some previously outsourced production has moved back to the US.

Fri, 19 Apr 2019 10:30:35 GMT

Japanese factory output shrinks

On Friday, a Reuters poll revealed that Japanese factory output declined in March. Meanwhile, the Bank of Japan still sticks to the opinion that the Japanese economy is growing.

Fri, 19 Apr 2019 10:04:46 GMT

Chinese politburo discusses economy

The Chinese Communist Party politburo met on Friday to discuss the current state of the economy. The final report of the meeting is expected to be revealed in the future.

Fri, 19 Apr 2019 10:04:24 GMT

China steps up fiscal policy

On Friday, Chinese Communist Party announced that the government will increase their pro-activeness in fiscal policy and keep their monetary policy prudent. Namely, the policies will remain neutral in regards to impacting the economy.

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