News

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Tue, 01 May 2018 16:09:25 GMT

Uber loses its permit in the southern part of UK city of Brighton

On Tuesday, the local council of Brighton stated that Uber's licence will not be restored, because its app is not "fit and proper" and it raises concerns about a data breach.

Tue, 01 May 2018 15:14:25 GMT

Saudi government to allocate 25 schools to non-public sector

Saudi Arabian government hopes to ease tension on the state's finances by handing over 25 state-run educational institutions to the companies in the private sector.

Tue, 01 May 2018 14:58:17 GMT

Central American women and children caravan enter US

On Tuesday, US border authorities gave permission to enter in the United States for a small group of Mexico people, rising hope for migrants from Central America.

Tue, 01 May 2018 14:30:33 GMT

RBS to close 192 branches, cut 792 jobs

The Royal Bank of Scotland is likely to shutter 162 branches and cut nearly 792 positions, after its branch network was reviewed in England and Wales.

Tue, 01 May 2018 14:30:08 GMT

Japan to have sumit with South Korea, China

Japan is expected to host a summit with the president of South Korea Moon Jae-in and China's Premier Li Keqiang on May 9 to negotiate on regional issues, the government stated.

Tue, 01 May 2018 12:16:22 GMT

Pakistan opens new international airport

The Prime Minister of Pakistan Shahid Khaqan Abbasi on Tuesday officially opened a long-awaited airport in Islamabad that was supposed to replace the old Benazir Bhutto.

Tue, 01 May 2018 12:10:58 GMT

EU Commission criticizes Trump over tariffs

The European Commission criticized the US President Donald Trump on Tuesday saying that his indecision whether to impose tariffs on steel and aluminium creates uncertainty for business.

Tue, 01 May 2018 11:09:39 GMT

Pashinyan calls to continue protests

The main Armenian opposition leader Nikol Pashinyan urged people on Tuesday to continue protesting in the streets in order to pressure the ruling Republican party to select him the new interim Prime Minister of the country.

Tue, 01 May 2018 11:09:31 GMT

Germany wants trade deal with US

The Economy Minister of Germany Peter Altmaier on Tuesday stressed the need of a trade deal between the United States and European Union that will end ambiguity over tariffs on steel and aluminium.

Tue, 01 May 2018 10:03:43 GMT

Israel calls US to withdrew from deal with Iran

The Israeli Prime Minister Benjamin Netanyahu called the United States on Monday to declare the Iran nuclear deal void as it failed to keep its promise to stop developing nuclear weapons.

Tue, 01 May 2018 10:03:33 GMT

UK welcomes Trump decision on tariffs

The UK Trade Minister Liam Fox welcomed on Tuesday the US President Donald Trump's decision to prolong an interim exemption on aluminium and steel tariffs for British companies.

Tue, 01 May 2018 09:11:31 GMT

British consumers' borrowing slows in March

According to report published by the Bank of England on Tuesday morning, the value of credits issued to British consumers has decreased to £4.2B from £5.5B.

Tue, 01 May 2018 09:05:01 GMT

Fed likely to leave interest rates unchanged

According to experts' opinion, the US Federal Reserve will not raise interest rates on Wednesday postponing this decision until next policy meeting in June.

Tue, 01 May 2018 08:09:27 GMT

EU says postponing steel, aluminium tariffs hurts business

The European Commission noted on Tuesday that the US decision to postpone aluminium and steel tariffs aimed at the EU increased business uncertainty.

Tue, 01 May 2018 08:03:13 GMT

Euro weakened by disappointing economic data

The Euro weakened to a three-month low early on Tuesday, as the Euro zone sentiment was impaired by sluggish economic data released during the previous session.

Tue, 01 May 2018 07:20:03 GMT

BP's profit surges in Q1Y2018

The British oil and gas company BP reported on Tuesday a 71% surge in its profit during the first quarter of 2018, boosted by higher gas and oil prices and increased production output.

Tue, 01 May 2018 07:14:29 GMT

Analysts expect unchanged Fed monetary policy

According to economic forecasts, the Fed is expected keep interest rates unchanged this week, but is likely to hike them in June due to low unemployment and raising inflation.

Tue, 01 May 2018 06:14:45 GMT

Boeing concludes agreement to purchase KLX for $4.25B

Boeing confirmed on Tuesday that it has finalised an agreement to purchase the aerospace parts distributor KLX Inc and its debt for $4.25B.

Tue, 01 May 2018 06:08:12 GMT

US Dollar remains steady on Tuesday

The US Dollar remained steady near its four-month highs on Tuesday, as traders remained cautious before the Fed policy decision and the US employment data later in the week.

Tue, 01 May 2018 05:17:54 GMT

HNA calls off bid for SkyBridge Capital due to regulatory constraints

The Chinese conglomerate HNA Group has called off its bid to purchase the US-based hedge fund investment company SkyBridge Capital due to resistance from US regulators.

Tue, 01 May 2018 05:11:34 GMT

RBA leaves key interest rate at 1.50%

The Reserve Bank of Australia decided to leave the cash rate at 1.50% during its meeting on Tuesday in order to maintain sustainable growth and reach the previously-set inflation target.

Tue, 01 May 2018 02:55:44 GMT

South Korean exports decline for first time in 1.5 years

South Korea's exports decreased for the first time in a year and a half in April, adding to concerns about the trade outlook due to the risk of US-China trade conflict's deepening.

Tue, 01 May 2018 02:54:59 GMT

Australia's home prices decrease for seventh month in April

Australian property prices declined for a seventh month in succession in April, with a lingering decline in Melbourne and Sydney.

Tue, 01 May 2018 02:34:16 GMT

Japan factory PMI shows domestic bounce in April

Japan's manufacturing activity grew at the strongest pace in April, a revised survey revealed, as new orders increased, indicating the economy's recovery.

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