News

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Sat, 02 Nov 2019 13:00:46 GMT

Morocco expects 3.7% growth in 2020

The Moroccan government forecasts an economic growth of 3.7% in 2020, an increase from a 2.9% growth forecast for 2019, the Minister of Finance Mohamed Benchaaboun says.

Sat, 02 Nov 2019 11:54:30 GMT

Russia, Georgia to normalize ties

Russian and Georgian policy makers are ready to resolve tensions between the two nations, the Chairman of the Russian State Duma Leonid Kalashnikov says.

Sat, 02 Nov 2019 11:32:19 GMT

Argentina, US leaders have phone conversation

On Friday, the US President Donald Trump called his recently elected Argentine colleague Alberto Fernandez to congratulate him with the victory and discuss prospects of bilateral relations.

Sat, 02 Nov 2019 11:31:07 GMT

Turkey to invest in Lebanon

Turkey is interested in investing in the energy sector of Lebanon, the Turkish Foreign Minister Mevlut Cavusoglu says at a press conference in Beirut.

Sat, 02 Nov 2019 10:39:12 GMT

China wants to ban sale of e-cigarettes

China's tobacco regulator called businesses on Friday to avoid sale of electronic cigarettes online, a purchase method very popular among local youth.

Sat, 02 Nov 2019 09:14:39 GMT

Saudi Crown Prince approves IPO announcement

The Crown Prince of Saudi Arabia Mohammed bin Salman approved on Friday public announcement of Saudi Aramco's IPO this Sunday.

Sat, 02 Nov 2019 08:18:16 GMT

Merkel wants to sign FTA with India

The German Chancellor Angela Merkel called on Saturday to renew talks on finalization of free trade agreement (FTA) with India.

Sat, 02 Nov 2019 07:24:52 GMT

ASEAN summit starts in Bangkok

On Saturday, the leaders of 10 Southeast Asian countries gathered in Bangkok to participate in the ASEAN summit and among others to discuss the impact of China-US trade tensions in the region.

Sat, 02 Nov 2019 05:50:15 GMT

WH to carefully review Peugeot and Fiat Chrysler deal

On Friday, Larry Kudlow, the White House senior economic adviser, said that President Donald Trump's administration would closely monitor the planned merger between Peugeot and Fiat Chrysler.

Sat, 02 Nov 2019 04:50:51 GMT

Saudi Aramco officials meet with investors

According to sources with knowledge of the matter, Saudi Aramco officials are meeting with investors around the world in a last-minute bid to achieve a $2 trillion IPO valuation.

Sat, 02 Nov 2019 03:43:46 GMT

Iran calls on US to return to 2015 JCPOA deal

On Friday, Iran's Foreign Minister Mohammad Javad Zarif called on the United States to return to the 2015 nuclear deal between Iran and the P5+1 nations.

Sat, 02 Nov 2019 03:32:45 GMT

Farage launches Brexit Party's 2019 election campaign

On Friday, Nigel Farage has launched his general election campaign and told the PM Boris Johnson that his Brexit Party would contest every single seat in the country unless he drops his withdrawal deal.

Fri, 01 Nov 2019 20:47:27 GMT

AIG's Q3 profit misses estimate

The US insurer American International Group shares fell by 1.8% on Friday after the company's third-quarter profit missed forecast.

Fri, 01 Nov 2019 19:58:45 GMT

Saudi Aramco officials meet with investors

According to sources with knowledge of the matter, Saudi Aramco officials are meeting with investors around the world in a last-minute bid to achieve a $2 trillion IPO valuation.

Fri, 01 Nov 2019 19:02:25 GMT

US job growth beats expectation in October

According to the US Bureau of Labor Statistics, the US economy added 128,000 jobs in October and hiring was stronger at the end of summer than previously reported.

Fri, 01 Nov 2019 18:01:07 GMT

WH to carefully review Peugeot and Fiat Chrysler merger deal

On Friday, Larry Kudlow, the White House senior economic adviser, said that President Donald Trump's administration would closely monitor the planned merger between Peugeot and Fiat Chrysler.

Fri, 01 Nov 2019 17:03:05 GMT

US Dollar declines on Friday

On Friday, the US Dollar edged lower against a basket of major currencies after data revealed a mixed perspective on the US economy.

Fri, 01 Nov 2019 16:00:37 GMT

Chevron's profit drops by 36% in Q3

On Friday, Chevron Corp announced a 36% decline in Q3 profit. The decline was attributed to a weaker oil and gas prices.

Fri, 01 Nov 2019 14:41:14 GMT

Exxon profit declines

Exxon Mobil Corporation revealed on Friday that its profits almost halved in the third quarter. The profits were hit by low oil prices and weak chemical business.

Fri, 01 Nov 2019 13:43:45 GMT

Investors slam Shell buyback

On Friday, Reuters announced that various analysts are against the delay of Royal Dutch Shell Company's announced $25 billion share buyback delay.

Fri, 01 Nov 2019 12:41:16 GMT

Hong Kong retail sales drop 18.3% in September

Hong Kong's September retail sales dropped 18.3% due to anti-government protests held in the Chinese-ruled city for about five months, scaring away tourists.

Fri, 01 Nov 2019 11:50:24 GMT

Santander chairman takes €3.61M of bank shares

Ana Botin, the chairman of Banco Santander, acquired 1M bank shares worth €3.61M, right after the lender reported a sharp decline in its Q3 earnings, a regulatory filing released on Thursday showed.

Fri, 01 Nov 2019 10:51:05 GMT

Global stocks surge on Friday

During the Asian and European Friday trading, global stock indices were aiming at a two year high level. The surge occurred due to the recent US interest rate cut, which decreased the value of the USD.

Fri, 01 Nov 2019 09:44:55 GMT

Taste Holdings to abandon food business

The South African owner of Domino's Pizza and Starbucks franchises, Taste Holdings, announced on Friday it would exit the food business, adding it had already kicked off 13 Starbucks' coffee stores for $464K.

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