News

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Sun, 05 Jan 2020 16:41:08 GMT

Gulf markets plunge

During Sunday's afternoon trading hours, stock prices of Gulf nations plummeted. Indices fell by 2.2% up to 4.1%.

Sun, 05 Jan 2020 15:42:18 GMT

Trump comments on Iranian threats

On Sunday, the President of the United States Donald Trump stated that in the case of an Iranian attack on America 52 Iranian sites would get hit.

Sun, 05 Jan 2020 14:40:49 GMT

Record tuna sold at Tokyo auction

On Sunday, the first Tokyo Toyosu fish market auction took place. At the auction, a record for second most expensive tuna fish was set by selling it for nearly $1.8 million.

Sun, 05 Jan 2020 14:01:49 GMT

Japan tightens immigration

Japanese officials announced on Sunday that they wold tighten immigration measures. The announcement came as a response of Carlos Ghosn fleeing the country.

Sun, 05 Jan 2020 12:40:51 GMT

Samsung prepares to reveal new products

On Sunday, Samsung Electronics announced that the company would reveal new and innovative devices on February 11 in San Francisco.

Sun, 05 Jan 2020 11:40:23 GMT

Saudi private sector loses momentum

Data published by IHS Markit on Sunday revealed that the Saudi Arabian Purchasing Managers Index has declined to 56.9 from 58.3.

Sun, 05 Jan 2020 11:14:41 GMT

Chinese central bank issues statement

The Peoples Bank of China announced that it would keep its policy prudent, appropriate and flexible.

Sun, 05 Jan 2020 09:41:12 GMT

Daimler issues car recall

On Saturday, Daimler AG announced a recall of 744,000 Mercedes-Benz automobiles due to an issue with sunroofs.

Sun, 05 Jan 2020 08:50:06 GMT

Bernanke comments on Fed policy

The former Chairman of the Federal Reserve Ben Bernanke stated on Sunday that the Federal Reserve has enough tools to fight a downturn.

Sun, 05 Jan 2020 08:24:49 GMT

French economy is set to grow

On Saturday, the Finance Minister of France Bruno Le Maire stated in an interview that the French economy is expected to grow by 1.3% in 2019 and 2020.

Sun, 05 Jan 2020 07:31:18 GMT

Samsung to unveil innovative products in February

Samsung Electronics is set to introduce innovative devices on February 11, with the company widely expected to reveal its new foldable phone and S model's new version.

Sun, 05 Jan 2020 05:58:24 GMT

MNG's manager assists Ghosn to escape

According to the Hurriyet newspaper report, a manager at MNG Jet, Turkish private jet operator, has told Turkey's authorities that he helped the former Nissan CEO Carlos Ghosn to escape from Japan.

Sun, 05 Jan 2020 04:06:44 GMT

Amazon mulls opening offline stores in Germany

On Saturday, the German newspaper Welt am Sonntag reported that Amazon.com is considering opening offline retail stores in Germany.

Sun, 05 Jan 2020 03:03:10 GMT

ERC to abstain in Spain's Parliament vote

On Saturday, Esquerra Republicana de Catalunya, the Catalan separatist party, said that it would abstain in a parliamentary vote to confirm Pedro Sanchez as Spain's Prime Minister.

Sat, 04 Jan 2020 21:20:55 GMT

Pier 1 Imports to close more stores

Pier 1 Imports announced plans for a significant rise in store closings, seeking to cut costs, boost liquidity and revamp operations.

Sat, 04 Jan 2020 20:13:04 GMT

Salaries in Finland's tech sector to rise 3.3%

Salaries of workers in Finland's technological sector are set to rise 3.3% in the following two years, after the workers union and the industry reached an agreement.

Sat, 04 Jan 2020 19:07:32 GMT

Belneftekhim decides on Russian oil delivery

Belarusian energy firm Belneftekhim announced that Russia and Belarus stood ready to sign a deal over the first oil delivery from Russia after supplies were halted.

Sat, 04 Jan 2020 18:11:43 GMT

Amazon to open stores in Germany

Amazon.com was considering an option to open stores in Germany, its second largest market after the US.

Sat, 04 Jan 2020 16:58:25 GMT

HK retail sales fall 23.6%

Retail sales in Hong Kong declined 23.6% to $3.85B in November, as anti-government protests weighed on tourists flow.

Sat, 04 Jan 2020 16:16:50 GMT

US office vacancy rate up in Q4

The rate of the US office vacancy grew marginally to 16.8% in the October quarter from the prior year, Reis reported.

Sat, 04 Jan 2020 14:59:56 GMT

Ireland anticipates 0.4% of GDP budget surplus

Ireland's FM confirmed that the state likely ended last year with a 0.4% of GDP budget surplus, as tax receipts came in €1.4B ahead of expectations.

Sat, 04 Jan 2020 13:49:06 GMT

China unveils further action to boost manufacturing

China's cabinet revealed more measures to boost the country's manufacturing sector, such as lowering the telecom and electricity fees paid by firms to the government.

Sat, 04 Jan 2020 12:59:43 GMT

UK construction sector declines further

The downturn in the UK construction industry deepened further in December, affected by the drop in civil engineering activity since 2009.

Sat, 04 Jan 2020 12:24:17 GMT

US factory activity weakest in decade

The ISM index of the US factory activity dropped to 47.2 in December from 48.1 in November, the lowest reading since 2009 as the trade war kept the lid on factory production.

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