News

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Sat, 24 Mar 2018 09:21:26 GMT

Hungary in no rush to adopt Euro

On Saturday, Hungarian Minister of Economy Mihaly Varga stated that Hungary is still in no hurry to adopt Euro and should be ready to join the the euro zone only when economic output approaches average euro zone indexes. 

Sat, 24 Mar 2018 09:07:40 GMT

Trump signs transgender military service memo

On Friday, the US President Donald Trump signed a memorandum which disqualifies transgender people with a gender dysphoria from serving in the military.

Sat, 24 Mar 2018 08:07:53 GMT

North Korea agrees to hold talks with South Korea on 29 March

On Saturday, South Korea revealed that its northern neighbour agreed to hold high-profile summit preparation talks with South Korea on 29 March.

Sat, 24 Mar 2018 08:07:40 GMT

Peru's Vizcarra vows to combat corruption

At his inauguration speech, Peru's newly-elected President Martin Vizcarra vowed to combat corruption in the country "at any cost".

Sat, 24 Mar 2018 07:02:19 GMT

China to defend its interests in US trade row

According to China's official media, the state's Vice Premier Liu He told Steven Mnuchin, the US Treasury Secretary, that China was going to defend its interests in a US trade clash.

Sat, 24 Mar 2018 07:01:55 GMT

Trump signs $1.3 trillion spending bill

The US President Donald Trump has signed the newly-passed $1.3 trillion budget bill, putting an end to a speculation over a possible government shutdown.

Sat, 24 Mar 2018 06:18:39 GMT

Apple's Cook calls for more rules on data privacy

The Chief Executive of Apple Tim Cook has called for more privacy regulations, which would prevent the data misuse, following the leak of Facebook's user information.

Sat, 24 Mar 2018 06:17:51 GMT

EximBank promises to provide $127B for emerging industries

The Chinese Export-Import Bank and the country's economic planner signed a deal to boost support for emerging industries by nearly $127B.

Sat, 24 Mar 2018 05:00:29 GMT

Mexico's leftist softens stance over new airport

The leftist front-runner for the presidency of Mexico softened the critical stance concerning $13B worth new airport, suggesting to review the project rather than scrap it.

Sat, 24 Mar 2018 05:00:20 GMT

Boeing close to winning American Airlines order

Boeing was close to winning a contest to provide 787 Dreamliner planes to American Airlines, beating the competition from the Airbus.

Sat, 24 Mar 2018 04:08:55 GMT

China should not target strong expansion amid higher financial risks

China's party official stated that for the country seeking strong economic growth at a period of increasing financial risk would bring even more risk.

Sat, 24 Mar 2018 04:07:59 GMT

Musk deletes pages of SpaceX, Tesla from Facebook

Verified pages on Facebook of Musk's rocket firm SpaceX and carmaker Tesla were deleted after the CEO was challenged on Twitter to take down both pages.

Sat, 24 Mar 2018 03:32:37 GMT

China ready to protect interests in trade dispute with US

Liu He, the Vice Premier of China, stated that the US has violated trade regulations after Section 301 probe and China was ready to protect own interests.

Sat, 24 Mar 2018 03:30:44 GMT

Shares of Dropbox close up 35%

Shares of Dropbox closed at $28.42 with more than 35% increase in the first trading day, as investors rushed to purchase the largest technology IPO.

Fri, 23 Mar 2018 21:00:15 GMT

Oil surges amid Saudi support of production cuts

Crude oil prices rose by 2.2% on Friday, reaching $70.45 a barrel, as Saudi Arabia decided to back extension of oil production cuts into 2019.

Fri, 23 Mar 2018 21:00:09 GMT

Corbyn fires his shadow Northern Ireland minister

The head of Britain's opposition Labour Party Jeremy Corbyn fired on Friday his so-called shadow Northern Ireland Minister Owen Smith amid the latter's call to hold a second referendum on Brexit.

Fri, 23 Mar 2018 20:00:41 GMT

South Korea and US to sign trade deal

The US President Donald Trump said on Friday that South Korea and the US could sign a trade agreement next week that would, inter alia, include exemptions from aluminium and steel tariffs.

Fri, 23 Mar 2018 20:00:33 GMT

Mexican GACM raises $1.62B

GACM, the group developing new airport in Mexico City, stated on Friday it has collected $1.62B in investment trust offering that will be directed at implementation of the project.

Fri, 23 Mar 2018 19:17:20 GMT

EU plans tougher laws for Google and Facebook

EU is planning to introduce harsher customer laws for social networks and email providers like Google in the wake of the recent Facebook data protection scandal.

Fri, 23 Mar 2018 19:00:49 GMT

Car manufacturers launch online car recall tool

The US Alliance of Automobile Manufacturers has launched an online tool that will let car owners, regulators and insurance providers to search for unfixed recalls.

Fri, 23 Mar 2018 18:29:23 GMT

Huawei reshuffles its board of directors

On Friday, Chinese telecommunications giant Huawei Technologies claimed that it has reshuffled its board of directors for the first time since 2012, following rumors about Huawei's founder retirement.

Fri, 23 Mar 2018 18:20:50 GMT

Qualcomm re-elects its board directors

On Friday, shareholders of the US chipmaker giant Qualcomm re-elected ten board directors, with some of them receiving support in more than 50% range, a source familiar with the issue reported.

Fri, 23 Mar 2018 17:03:49 GMT

Canada's January core retail sales hit forecast

Statistics Canada reported on Friday that the country's core retail sales grew 0.9% over the month of January, in line with expectations.

Fri, 23 Mar 2018 17:03:31 GMT

New US residential sales come in lower than expected

Data released by the Census Bureau showed that new US residential sales came in at an annual rate of 618K, missing expectations for a 621K pace.

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