News

Note: This section contains information in English only.
Mon, 11 Dec 2017 19:06:36 GMT

Tillerson to meet with Trudeau next week

According to a source with knowledge on the matter, the US Secretary of State Rex Tillerson is set to meet the Canadian PM Justin Trudeau next week for talks over the North Korean crisis.

Mon, 11 Dec 2017 18:06:16 GMT

Oil, finance and defence ministers replaced in Kuwait

The Kuwaiti news agency KUNA reported on Monday that the state's government had replaced its oil, finance and defence ministers in a major Cabinet reshuffle.

Mon, 11 Dec 2017 18:05:57 GMT

EU to resume political contact with Thailand

On Monday, the Foreign Affairs Council of the European Union said the bloc would resume political contact with Thailand "at all levels".

Mon, 11 Dec 2017 16:56:49 GMT

VW expects €4-5B cash outflows in 2018

On Monday, the CFO of Volkswagen Frank Witter said the company expected €4-5B cash outflows in the upcoming year over the dieselgate emissions cheating scandal.

Mon, 11 Dec 2017 16:56:26 GMT

EU negative on Trump's Jerusalem decision

Foreign ministers of the EU have firmly rejected the Israeli PM's call to join the US in recognising Jerusalem as the capital of Israel, adding the move is compromising the peace process.

Mon, 11 Dec 2017 16:17:09 GMT

US job openings little changed in October

Data released by the US Bureau of Labour Statistics revealed the number of job openings in the country was little changed at 6M for the month of October.

Mon, 11 Dec 2017 16:16:08 GMT

Italian retail sales drop 1% in October

According to the data released by Istat on Monday, Italian retail sales were down 1% over the course of October, missing analysts' expectations for a 0.1% drop.

Mon, 11 Dec 2017 15:29:29 GMT

Emirates, flydubai renew flights operations over Iraq

Flydubai and Emirates Airlines resumed operating some flights using the Iraqi airspace, the Middle East carriers announced on Monday, following Iraq's victory proclamation over the Islamic State.

Mon, 11 Dec 2017 15:20:35 GMT

IG Metall, VW first round pay talks fail to produce result

Germany's trade union IG Metall stated that its first round of pay talks with Volkswagen had failed to reach any deal, being disappointed that the automaker did not make a counter-offer to its 6% wage hike demand.

Mon, 11 Dec 2017 14:34:00 GMT

WM Motor to launch sports car production next year

The Chinese electric car maker WM Motor Technology is planning to launch a production of the sport-utility vehicles in the Q2 of 2018 under its new brand called Weltmeister.

Mon, 11 Dec 2017 14:26:24 GMT

Elliott views NXP worth more than Qualcomm's offer

Elliott Management stated on Monday that the chipmaker NXP Semiconductors was worth $135 per share, which was more than Qualcomm's offer of $110 per share.

Mon, 11 Dec 2017 13:25:58 GMT

Putin recalling Russian forces from Syria

The President Vladimir Putin ordered Russian forces to start pulling out of Syria, saying that Damascus and Moscow had achieved their goal of destroying the Islamic State after two-years military campaign.

Mon, 11 Dec 2017 13:01:30 GMT

Carrefour Brazil appoints Malige as chairman

Carrefour's Brazilian unit elected Matthieu Malige as a new chairman, it announced on Monday, following Pierre-Jean Sivignon resignation on December 8.

Mon, 11 Dec 2017 12:28:07 GMT

Ex-Macedonia PM Gruevski quits as opposition party's head

Macedonia's former Prime Minister Nikola Gruevski resigned on Monday as the opposition rightist VMRO-DPMNE party's leader, after a defeat in the last year's election.

Mon, 11 Dec 2017 12:23:17 GMT

Ivory Coast offers $26K buy-outs to cut army size

Ivory Coast is planning to pledge thousands of soldiers about $26K buy-outs to each as it seeks to reduce the size of its mutiny-prone and unruly military.

Mon, 11 Dec 2017 11:07:28 GMT

Siemens signs €700M contract with Libya's General Electric Company

Siemens AG has signed an agreement with General Electric Company of Libya for the construction of two gas-fired power plants worth around €700M ($823.8M).

Mon, 11 Dec 2017 11:06:54 GMT

RDIF, Alibaba to strengthen cooperation

The Russian Direct Investment Fund is set to strengthen its cooperation with China's Alibaba Group to launch a new unit for technology investments – RDIF Technologies.

Mon, 11 Dec 2017 10:31:13 GMT

Merkel's Conservatives, SPD want clarity on coalition talks

Germany's Social Democrats and Conservatives are seeking for clarity in the nearest future on the coalition talks, which are set up for this week.

Mon, 11 Dec 2017 10:23:25 GMT

Saudi Arabia to allow cinemas from early 2018

On Monday, Saudi Arabia announced it would allow public cinemas for the first time since early 1980s, following a ban under Islamists pressure, and was planning to reopen them next March.

Mon, 11 Dec 2017 09:20:43 GMT

Silicon Valley receives 15 to 16 investments from Mubadala

Mubadala's CEO Waleed al-Muhairi stated at the Abu Dhabi conference that his deputy group had made about 16 investments in Silicon Valley on the back of its partnership with Softbank.

Mon, 11 Dec 2017 09:00:03 GMT

Venezuela's Socialist Party wins 90% of mayorships

According to Venezuela's President Nicolas Maduro, the country's ruling Socialist Party gained 90% of the total 335 mayorships contested in the local elections on Sunday.

Mon, 11 Dec 2017 08:29:32 GMT

Ford year-on-year China car sales drop 8% in November

Ford Motor reported on Monday its year-on-year Chinese vehicle sales plunged 8% in November, following a 5% decline in October.

Mon, 11 Dec 2017 08:26:17 GMT

Nokia COO Maurer to leave company

On Monday, Nokia announced that its Chief Operating Officer Monika Maurer was eager to leave the Finnish telecom network giant, seeking for new opportunities outside the company.

Mon, 11 Dec 2017 07:33:58 GMT

New Zealand names Orr as new Reserve Bank's governor

On Monday, the government of New Zealand appointed the former central banker Adrian Orr as the Reserve Bank new governor, sharply soaring the local dollar.

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