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IMF aks Colombia to narrow fiscal adjustment
Sun, 23 Feb 2020 04:32:22 GMT
 
The International Monetary Fund urged Colombia for more durable fiscal adjustments in order to meet its financial targets, adding that its Central Bank should rise reserves. >>
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Norway, Cyprus to sign MoU over energy cooperation
Sat, 22 Feb 2020 23:31:29 GMT
 
Norway and Cyprus were ready to ink a memorandum of understanding over exchanging their know-how related to energy issues, the CNA reported. >>
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Airbus reports net loss in 2019
Sat, 22 Feb 2020 21:03:44 GMT
 
France based European plane producer Airbus announced a net loss of $1.47 in 2019 after paying billions of euros to settle a bribery case related to aircraft sales. >>
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World Bank: India must spend $11B on roads
Sat, 22 Feb 2020 20:00:35 GMT
 
India needs to spend around $11B yearly to improve road infrastructure, a statement published by the World Bank shows. >>
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Allianz reports increase in operating profit
Sat, 22 Feb 2020 18:54:49 GMT
 
The German insurance giant Allianz reported a record high operating profit of 11.9B in 2019, an increase of 3% from the prior year, a statement from the company shows. >>
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German tax revenues rise in January
Sat, 22 Feb 2020 18:00:21 GMT
 
Tax revenues in Germany increased by 7.7% in January, compared to the same period the previous year, the Ministry of Finance reports. >>
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US existing home sales decline
Sat, 22 Feb 2020 17:11:40 GMT
 
US existing home sales declined 1.3% in January from the previous month, a statement from the National Association of Realtors shows. >>
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Moody's downgrades Lebanon credit rating
Sat, 22 Feb 2020 15:58:53 GMT
 
Moody's downgraded Lebanon's credit rating to Ca from Caa2 amid concerns over possible debt restructuring, a statement published by the company shows. >>
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Saudi Arabia to invest $110B in development of gas field
Sat, 22 Feb 2020 15:00:13 GMT
 
Saudi Arabia plans the development of the Al-Jafoura gas field with a total investment of $110B, the Saudi Press Agency reports. >>
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UK manufacturing growth accelerates
Sat, 22 Feb 2020 13:58:29 GMT
 
Growth of the manufacturing output in the UK reached the highest pace in 10 months, a statement published by the IHS Markit/CIPS shows. >>
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Shanghai airport reports growth in 2019
Sat, 22 Feb 2020 13:01:02 GMT
 
Shanghai International Airport reported 18.9% net income growth to $716M in 2019 from the prior year amid the growth of the civil aviation sector. >>
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China securities regulator approves new IPOs
Sat, 22 Feb 2020 12:11:51 GMT
 
The China Securities Regulatory Commission approved IPOs of Hunan Heshun Petroleum, Shandong Dongyue Organosilicon Materials and Shenzhen Bestek Technology. >>
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G20 calls to tax tach companies
Sat, 22 Feb 2020 11:36:33 GMT
 
The German Finance Minister Olaf Scholz and other G20 leaders called on Saturday to take measures against tax optimization widely used by tech giants like Google and Amazon. >>
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France waits US proposal on digital tax
Sat, 22 Feb 2020 10:34:39 GMT
 
Bruno Le Maire, the Finance and Economy Minister of France, stated on Saturday that the government is ready to hear the White House proposal on granting American firms "shelter" from >>
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Aramco set to gain unconditional EU antitrust approval
Sat, 22 Feb 2020 08:00:25 GMT
 
According to people with knowledge of the matter, Saudi Aramco is set to win unconditional European Union clearance for $69B Saudi Basic Industries Corp deal. >>
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