News

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Sun, 10 Jun 2018 11:02:15 GMT

Xi calls to build global economy

The Chinese leader Xi Jinping criticized on Sunday "selfish, shortsighted" trade approaches of certain countries, called world leaders to observe rules of the World Trade Organisation (WTO) and build global economy.

Sun, 10 Jun 2018 10:15:28 GMT

Russian and Ukrainian leaders discuss Minsk agreements

The President of Russia Vladimir Putin had a telephone conversation on Sunday with his Ukrainian colleague Petro Poroshenko, in which they discussed the situation in Eastern Ukraine and realization of the Minsk agreements.

Sun, 10 Jun 2018 10:11:34 GMT

Switzerland holds referendum on "real money" plan

The citizens of Switzerland participated in referendum on Sunday to express their opinion on whether to create new financial system, in which commercial banks are not allowed to make money from every loan.

Sun, 10 Jun 2018 09:01:28 GMT

Rouhani slams US stance on nuclear deal

The President of Iran Hassan Rouhani criticized on Saturday unilateral withdrawal of the United States from the Iran nuclear deal and praised Chinese and Russian efforts to save the agreement.

Sun, 10 Jun 2018 09:01:16 GMT

May hopes Parliamet will pass EU exit laws

The British Prime Minister Theresa May said on Sunday, she expected that legislators in the House of Commons would adopt negotiated exit laws from the European Union.

Sun, 10 Jun 2018 08:38:07 GMT

Sika plans spending $1.0B on acquisitions in year

Sika, the Swiss chemicals firm, is planning to spend about $1.0B on takeovers in a year, seeking to boost its growth during the following five years, the group's chairman Paul Haelg stated.

Sun, 10 Jun 2018 08:34:55 GMT

Russian Otkritie bank seeks selling 20% stake in 2021

The Russian Otkritie bank's management stated on Friday that it is seeking to sell about 20% in 2021, as the bank tries to be attractive for external investor.

Sun, 10 Jun 2018 07:37:54 GMT

Singapore PM set to meet DPRK and US leaders separately

Lee Hsien Loong, Singapore's Prime Minister, is set to meet the leaders of North Korea and the United States, Kim Jong Un and Donald Trump, separately during their visit for a summit.

Sun, 10 Jun 2018 07:33:58 GMT

German KBA defeat devices fault in Daimler diesel vehicles

KBA, the German road car regulator, found five illegal defeat devices in Daimler's vehicle engines, according to the Bild am Sonntag newspaper's report on Sunday.

Sun, 10 Jun 2018 04:49:35 GMT

China to offer $4.7B in loans under SCO agreement

The Chinese President Xi Jinping said China would offer around $4.7B in loans under the framework established by the Shanghai Cooperation Organisation.

Sun, 10 Jun 2018 04:08:18 GMT

Doha Bank CEO: Qatar, Sri Lanka show strong cooperation opportunities

Qatar and Sri Lanka have positive prospects in terms of strengthening bilateral cooperation in such sectors as tourism, energy and marine, as said by Doha Bank CEO.

Sun, 10 Jun 2018 04:06:20 GMT

Abe says countries do not benefit from protectionism

According to the Japanese Prime Minister Shinzo Abe, trade measures should correspond to the rules of the WTO, as protectionism is not beneficial to any country.

Sat, 09 Jun 2018 19:50:56 GMT

Deutsche Bahn increases sales, passenger numbers in January-April

The German rail operator Deutsche Bahn saw an increase in sales and passenger numbers from January to April, boosted by more competitive pricing and improved service quality.

Sat, 09 Jun 2018 19:50:34 GMT

CFIUS approves Oceanwide's acquisition of Genworth

The Committee on Foreign Investment in the United States has approved the bid of China Oceanwide Holdings Group to acquire the local insurer Genworth Financial.

Sat, 09 Jun 2018 18:56:11 GMT

Gucci reorganises supplier network

Gucci plans to halve the number of its independent suppliers and increase manufacturing in-house, thus reducing the time between the concept creation and store delivery.

Sat, 09 Jun 2018 18:54:02 GMT

Macron says joint statement is first step towards stabilising tensions

The French President Emmanuel Macron said on Saturday the joint trade statement of the G7 countries was the first step towards stabilising trade tensions.

Sat, 09 Jun 2018 18:05:22 GMT

Sturgeon says SNP should focus on gaining supporters for independence

Nicola Sturgeon, the leader of the Scottish National Party, urged its party members to focus more on gaining support for Scotland's independence rather than on its timing.

Sat, 09 Jun 2018 17:58:31 GMT

Gulf Capital to invest $500M in private equity

The Abu Dhabi-based investment company Gulf Capital is set to invest $500M in private equity across various sectors in Egypt, Saudi Arabia and UAE within the next two years.

Sat, 09 Jun 2018 16:51:30 GMT

Italian PM urges for dialogue with Russia

The Italian Prime Minister Giuseppe Conte explained on Saturday that a dialogue between Russia and the G7 nations was important, but sanctions could not be lifted overnight.

Sat, 09 Jun 2018 16:50:48 GMT

India, China settle dispute and vow to strengthen cooperation

India and China have reached an agreement over Brahmaputra river and rice export, thus showing signs of stronger future cooperation between the countries.

Sat, 09 Jun 2018 16:06:08 GMT

Spanish Minister calls for urgent constitutional reform

Spain's Minister of Regional Administration Meritxell Batet explained that an urgent reform of the Spanish constitution was needed to deal with the current situation in Catalonia.

Sat, 09 Jun 2018 16:04:55 GMT

Trump says US needs fair trade deals, access to market

The US President Donald Trump said during the G7 meeting on Saturday that the United States needed fair access to the global market and equal trade deals.

Sat, 09 Jun 2018 14:51:14 GMT

Royal newlyweds participate in birthday parade of Queen

On Saturday, Prince Harry together with his wife Meghan Markle attended the annual Colour ceremony which was the first time when couple took part in the Queen's birthday gathering together.

Sat, 09 Jun 2018 14:51:06 GMT

Economists of Macron campaign warn him over rich-friendly policies

Economic policy made by French President Emmanuel Macron is perceived as favouring the riches and must be changed to address inequalities, said economists who helped creating his campaign.

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