News

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Wed, 11 Apr 2018 01:54:07 GMT

Chinese consumer prices rise less than expected last month

China's National Bureau of Statistics reported on Wednesday that consumer prices rose 2.1% in March, after surging 2.9% in the prior month, whereas analysts anticipated an increase of 2.9%.

Tue, 10 Apr 2018 20:06:34 GMT

Oil prices surge as trade war fears wane

On Tuesday, Brent and WTI futures surged 3.4% and 3.3%, respectively, after the Chinese President Xi Jinping soothed investor fears of a trade war between China and the United States.

Tue, 10 Apr 2018 19:59:40 GMT

France to narrow budget deficit faster than expected

The French Finance Ministry stated on Tuesday that France would cut the budget deficit more quickly than expected over Emmanuel Macron's term amid stronger economic growth.

Tue, 10 Apr 2018 19:17:48 GMT

US producer prices grow more than expected last month

US producer prices rose 0.3% in March, boosted by higher food and healthcare costs, whereas analysts anticipated a climb of 0.1%.

Tue, 10 Apr 2018 19:16:40 GMT

Trump believes he has power to fire special counsel Mueller

The White House reported on Tuesday that the US President Donald Trump believed he had the power to fire Robert Mueller, the special counsel investigating the Russian interference case.

Tue, 10 Apr 2018 18:12:35 GMT

T-Mobile and Sprint restart merge talks

The Wall Street Journal has reported that T-Mobile US Inc and Sprint Corp restarted talks about possible merger between two telecom operators after both companies were unable to reach an agreement in November.

Tue, 10 Apr 2018 17:55:01 GMT

Trump and May urge the world to act in response to Syria chemical attack

The US President Donald Trump and the UK Prime Minister Theresa May claimed that the world needs to response to the suspected chemical weapon attack in Syria and to hold to account people behind this. 

Tue, 10 Apr 2018 17:17:22 GMT

Bank of Nova Scotia CEO believes NAFTA deal to be reached

On Tuesday, Chief Executive Officer of the Bank of Nova Scotia Brian Porter stated the bank is optimistic regarding reaching an agreement on the possible NAFTA deal after more than 8 months of talks.

Tue, 10 Apr 2018 16:50:46 GMT

BP partners with Tesla to build battery storage project

On Tuesday, the energy giant BP claimed that it has signed an agreement to buy Tesla batteries to build a battery storage project for one of its wind farms in South Dakota, the US.  

Tue, 10 Apr 2018 16:18:51 GMT

Russia to introduce two resolutions on Syria in UN

On Tuesday, Russian diplomats said that Russia will ask the UN Security Council members to vote on two Syrian resolutions regarding recent chemical weapons attack in the city of Douma.

Tue, 10 Apr 2018 16:08:23 GMT

Volkswagen brand chief to replace CEO

Volkswagen is planning to appoint its brand chief Herbert Diess as a new CEO of Volkswagen Group to replace the current Chief Executive Matthias Mueller as a part of a new group strategy. 

Tue, 10 Apr 2018 15:20:57 GMT

McDonald's to expand in Nordics with new restaurants and delivery service

On Tuesday, McDonald's said that it is planning to expand Nordic business by opening 200 restaurants in the nearest 10 years and launching a food delivery service by the end of the year. 

Tue, 10 Apr 2018 15:09:41 GMT

Facebook to launch data misuse bounty program

On Tuesday, Facebook Inc representatives stated that a company is launching a bounty program for reports of data misuse to reward people who will report on data misuse by developers. 

Tue, 10 Apr 2018 14:02:57 GMT

Exxon Mobil in talks with Qatar over potential shale deal

Qatar and the US oil and gas company Exxon Mobil are in talks over a potential joint venture that could see the Gulf country investing in the company's unit XTO Energy, the Wall Street Journal reported on Tuesday.

Tue, 10 Apr 2018 13:57:35 GMT

Trump to skip Latin America summit in Peru

The White House stated on Tuesday, the US President Donald Trump would have to miss the Latin America summit in Peru scheduled for April 13 due to a necessity to focus on Syria's crisis.

Tue, 10 Apr 2018 13:36:14 GMT

Bayer's shares surge amid Monsanto acquisition deal

Shares of Bayer soared about 5% on Tuesday, after a report that the US Department of Justice is set to allow the drugs company to buy Monsanto in a deal worth $62.5B.

Tue, 10 Apr 2018 13:18:20 GMT

VW brand's Chief Diess to become new CEO

The Volkswagen supervisory board is planning to appoint the VW brand's Chief Herbert Diess as a new Chief Executive Officer of the group to replace Matthias Mueller.

Tue, 10 Apr 2018 11:58:59 GMT

EU's Juncker to meet Hungary's Orban in near future

The President of the European Commission Jean-Claude Juncker is set to make a visit to Hungary to meet its Prime Minister Viktor Orban in the near future, after his win in the Parliamentary election.

Tue, 10 Apr 2018 11:57:44 GMT

Hungary seeks building diplomatic ties with Bavaria, Poland

The Prime Minister of Hungary is planning to mend diplomatic relations with Poland and Germany's region of Bavaria amid their direct support for the PM's re-election bid.

Tue, 10 Apr 2018 11:29:58 GMT

North Korea calls for closer ties with Russia

On a Tuesday's visit to Moscow, North Korea's Foreign Minister Ri Yong Ho called for the closer ties with Russia on the back of the Korean peninsula's situation and some events in the international politics.

Tue, 10 Apr 2018 11:25:38 GMT

Hungarian PM seeks government reorganisation

On Tuesday, Hungary's Prime Minister Viktor Orban announced about his plans on the major government shake-up, adding he would seek pushing the "Stop Soros" bill through the Parliament.

Tue, 10 Apr 2018 10:17:44 GMT

Ford to introduce five redesigned models in 2018

The US car manufacturer Ford Motor Co unveiled on Tuesday its plan to introduce five new and redesigned models in Chinese showrooms this year.

Tue, 10 Apr 2018 10:10:35 GMT

Mandelker says risks remain for companies doing business with Iran

Sigal Mandelker, the US Under Secretary of the Treasury for Terrorism and Financial Intelligence, said risks remained for companies doing business with Iran due to lack of reforms.

Tue, 10 Apr 2018 09:26:56 GMT

US sanctions against Russia creates uncertainty for investors

On Tuesday, Russia's Deputy PM Arkady Dvorkovich stated that the newly imposed US sanctions against some Russian firms had created investor uncertainty, which was important for the country to minimise.

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