News

Thu, 21 Feb 2019 07:15:16 GMT

Turkey criticizes EU Parliament's vote

On Wednesday, the European Parliament Foreign Affairs Committee voted for the postponement of talks over Turkey's accession to the EU, which Ankara called "unacceptable".

Thu, 21 Feb 2019 07:09:15 GMT

NASA warns of security and design concerns

On Wednesday, NASA's safety advisory panel presented an annual report where it listed four most important safety and design concerns addressed to Boeing Co and SpaceX.

Thu, 21 Feb 2019 06:01:24 GMT

StanChart sets aside $900M to cover UK, US fines

Standard Chartered set aside $900M to cover fines resulting from regulators' investigations in the United States and Britain, sending the company's shares down 1%.

Thu, 21 Feb 2019 06:01:13 GMT

Odebrecht to propose bondholder 70% losses

Brazil's conglomerate Odebrecht is set to ask bondholders to accept more than 70 % losses from their bonds' face value within a part of restructuring, two sources familiar with the matter stated.

Thu, 21 Feb 2019 05:28:30 GMT

Japan manufacturing declines amid trade war

Japan's manufacturing activity shrunk in the month of February for the first time since 2016, as factories cut back production due to shrinking export and domestic orders, a private business survey revealed.

Thu, 21 Feb 2019 05:25:18 GMT

US health spending to increase 5.5% yearly

The US health spending is set to grow at 5.5% rate every year over the decade and is likely to reach $6 trillion by 2027, a government health agency stated.

Thu, 21 Feb 2019 03:37:22 GMT

Ecuador signs $4.2B financing deal with IMF

Ecuador reached a staff-level financing deal worth $4.2B with the International Monetary Fund, as the country grappled with a heavy fiscal deficit and external debt.

Thu, 21 Feb 2019 03:34:46 GMT

SK Hynix to build four new semiconductor fabs

South Korea's SK Hynix announced plans to invest $106.66B to build four semiconductor fabs after three years in the country, the second-biggest memory chipmaker stated.

Wed, 20 Feb 2019 21:01:17 GMT

Saudi Arabia to release 850 Indians from its prisons

On Wednesday, India's Foreign Ministry said that Saudi Arabia would release about 850 Indians from its jails after Narendra Modi, the Indian Prime Minister made the request.

Wed, 20 Feb 2019 21:01:07 GMT

UK's Ministers may vote against Britain leaving EU on March 29

According to a Bloomberg report, up to 15 British government Ministers could vote to stop the UK from leaving the EU on March 29 in case of no Brexit agreement.

Wed, 20 Feb 2019 20:00:50 GMT

US President Trump expects to visit Japan in May

On Wednesday, a White House official said that the US President Donald Trump would visit Japan in May for a meeting with the country's new Emperor.

Wed, 20 Feb 2019 20:00:36 GMT

Investors await US Federal Reserve's minutes

US stocks traded sideways on Wednesday, as investors and traders awaited the US Federal Reserve January's minutes.

Wed, 20 Feb 2019 19:04:49 GMT

US says Putin nuclear comments is propaganda

On Wednesday, the United States dismissed the Russian President Vladimir Putin nuclear comments, calling it a Russia propaganda.

Wed, 20 Feb 2019 19:04:33 GMT

Putin says Moscow is prepare to cut time for nuclear strike on US

On Wednesday, the Russian President Vladimir Putin said that Moscow is ready to match any US move to send nuclear missiles closer Russia.

Wed, 20 Feb 2019 18:02:38 GMT

Three pro-EU lawmakers quit UK's Conservative Party

On Wednesday, three lawmakers walked out of UK Prime Minister Theresa May's Conservative Party, as she returned to Brussels to seek more concession.

Wed, 20 Feb 2019 18:02:26 GMT

Spanish Foreign Ministry says EU will not renegotiate Brexit agreement

According to Spain's Foreign Ministry source, the European Union won't renegotiate the Brexit deal. However, there might be a room of manoeuvre on the Irish backstop.

Wed, 20 Feb 2019 16:43:44 GMT

Chinese Premier comments on monetary policy

The Premier of China LI Keqiang announced on Wednesday that the Chinese People's Republic is not planning to change its monetary policy and resort to overstimulating the economy.

Wed, 20 Feb 2019 16:43:39 GMT

French court fines UBS

On Wednesday it was announced by a French court that it is fining the Swiss financial group UBS AG. The total fine amounts to 4.5 billion euros. The bank is being fined for client solicitation and tax evasion.

Wed, 20 Feb 2019 16:15:56 GMT

Top Tesla legal counsel quits

The top lawyer of Tesla Incorporated quit on Wednesday. Dane Butswinkas quit only after two months on the job.

Wed, 20 Feb 2019 16:15:47 GMT

UK Conservatives quit party

Three UK Conservative party members have quit the party. The reason for the event was named the current government's disastrous handling of the Brexit.

Wed, 20 Feb 2019 14:43:57 GMT

Germany and France combine arms exports

On Wednesday, representatives of the German government announced that Germany and France will develop common guidelines for exporting armaments.

Wed, 20 Feb 2019 14:43:46 GMT

Global stocks continue to surge

By the middle of Wednesday's London session global stock indices were surging around the globe. The surge was mainly attributed to the fact that global central banks were intending to continue their monetary stimulation programs.

Wed, 20 Feb 2019 14:02:13 GMT

PM May comments on Honda

The Prime Minister of the United Kingdom on Wednesday commented that Honda's plan to leave the United Kingdom cannot be blamed on Brexit.

Wed, 20 Feb 2019 14:02:06 GMT

European markets remain steady

European stock indices on Wednesday traded steady despite large losses booked by Swedbank and Sainsbury, which were expected to keep the stock benchmarks down.

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