News

Note: This section contains information in English only.
Sun, 30 Dec 2018 16:18:03 GMT

Italy adopts budget for next year

On Friday, the lower house of Italian Parliament approved budget plan proposed by the recently elected Giuseppe Conte's government.

Sun, 30 Dec 2018 16:13:43 GMT

Kim sends letter to Moon Jae-in

Leader of North Korea Kim Jong Un sent a letter to his South Korean counterpart Moon Jae-in, the South Korean President's office reported on Sunday.

Sun, 30 Dec 2018 15:16:17 GMT

Lebanon might face financial crisis

The Finance Minister of Lebanon Saad al-Hariri said on Sunday that continuation of political deadlock might result in heavy financial crisis.

Sun, 30 Dec 2018 15:10:03 GMT

Deutsche Bank denies help from government

The Chairman of Deutsche Bank Paul Achleitner stated on Sunday that the company is strong and there is no need for state help.

Sun, 30 Dec 2018 14:15:51 GMT

Russian army to deploy new S-350 Vityaz missile complex in 2019

Russian army is set to deploy the new generation missile complex S-350 Vityaz, Russia's Defence Minister stated on Sunday, in its long-planned move to make a replacement to the ageing S-300 system.

Sun, 30 Dec 2018 13:50:03 GMT

Liam Fox sees 50/50 chance Brexit deal might drop

Liam Fox, the Trade Minister, stated that there was a 50/50 chance the Brexit might be stopped, in case the Parliament lifted the government's withdrawal deal with the EU bloc next month.

Sun, 30 Dec 2018 13:16:33 GMT

UAE likely to resume civil flights to Syria

The UAE General Civil Aviation Authority (GCAA) stated on Sunday it was considering resumption of civil flights to Damascus amid re-opening of the country's embassy this week.

Sun, 30 Dec 2018 13:11:47 GMT

Russia ready for talks with US

In a New Year letter sent to the US President Donald Trump on Sunday, the Russian President Vladimir Putin inter alia wrote that Kremlin is always open for dialogue.

Sun, 30 Dec 2018 12:22:49 GMT

Eastern Congo opens polling stations for Presidential election

On Sunday, the polling stations were open in the eastern Congo for the country's Presidential election, which is believed to launch the first democratic power transfer, according to Reuters.

Sun, 30 Dec 2018 12:18:59 GMT

US-Sino trade war results in billion-dollars losses for both sides

The trade war between China and the United States resulted in losses worth billions of dollars for both the countries in 2018, hitting such industries as agriculture, technology and autos.

Sun, 30 Dec 2018 11:37:39 GMT

US newspaper distribution hit by cyber attack

On Saturday, the US major newspapers, including the Los Angeles Times, Baltimore Sun and Chicago Tribune, faced major delivery and printing disruptions caused by a cyber attack that led to that day's distribution delays.

Sun, 30 Dec 2018 11:32:48 GMT

Pacific trade pact comes into force on Sunday

The renewed version of the pact on the Trans-Pacific Partnership has come into force this Sunday, an agreement that will cut the tariffs across the Asia-Pacific region, not including the US, after it withdrew from the deal.

Sun, 30 Dec 2018 10:16:48 GMT

China seeks working with US amid Argentina's talks agreement

China seeks working with the United States, as it wants to implement the agreement reached by both countries during the talks in Argentina, China's foreign ministry announced on Sunday.

Sun, 30 Dec 2018 10:10:56 GMT

Israel's regulator fines Bezeq $3.0M over wholesale phone service

On Sunday, Bezeq Israel Telecom has been fined $3.0M by the country's regulator for failing to sell the wholesale phone service to its competitors.

Sun, 30 Dec 2018 09:39:29 GMT

North Korea's Kim seeks holding more summits with Moon

On Sunday, North Korea's leader Kim Jong Un stated he would seek more summits with his South counterpart Moon Jae-in in 2019 to reach the goal of denuclearisation on the Korean peninsula.

Sat, 29 Dec 2018 21:25:48 GMT

CVC launches talks over French insurer APRIL's stake

CVC Capital Partners, the private equity firm, has entered the exclusive talks with France's peer Evolem to acquire its controlling stake in the insurer APRIL, both companies announced on Saturday.

Sat, 29 Dec 2018 21:22:01 GMT

Serbians stage out protest against President Vucic

On Saturday, thousands of Serbians staged out a protest against their President Aleksandar Vucic and the ruling Serbia's Progressive Party in Belgrade, demanding media freedom and halting attacks on journalists.

Sat, 29 Dec 2018 20:13:06 GMT

Trump sees progress on potential China trade deal

On Saturday, the US President Donald Trump stated that he had expected a great progress on a potential trade deal with China after having a long and productive phone call with his Chinese counterpart Xi Jinping.

Sat, 29 Dec 2018 19:39:44 GMT

JPMorgan HK fined $1.6M for anti-money laundering lapses

On Friday, the HKMA fined JPMorgan Hong Kong $1.6M over breaching the counter-terrorist financing and anti-money laundering rules.

Sat, 29 Dec 2018 19:37:37 GMT

Dell launches new listing on New York SE

Dell has launched a new public listing on the New York Stock Exchange after about six years the firm was taken private, opening at $46 per share on Friday and marking the company's market valuation at $16B.

Sat, 29 Dec 2018 18:39:42 GMT

Russia, Turkey have common goal to halt terrorism in Syria

Russia and Turkey have the common goal to clear Syria of terror organisations, Mevlut Cavusoglu, Turkey's Foreign Minister, stated on Saturday.

Sat, 29 Dec 2018 18:37:20 GMT

Japan's Nomura to increase its share of deal-related business in US

Japan's Nomura Holdings is seeking to raise its stake of the business arranging forex hedging, acquisition finance and more deal-related businesses for the US corporate clients, its CEO stated.

Sat, 29 Dec 2018 17:36:32 GMT

Canada's PSP Investment takes stake in Germany's Witur

On Friday, Canada's PSP Investment Board agreed to acquire a 32% stake in the German elevator parts firm Wittur, not disclosing the financial details of the deal.

Sat, 29 Dec 2018 17:32:48 GMT

Italy's Mediobanca aims to spend €2.0B on M&A

Italy's investment bank Mediobanca is planning to spend €2.0B on merger and acquisition deals in 2019, its CEO Alberto Nagel announced to the local newspaper La Stampa this Friday.

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