News

Note: This section contains information in English only.
Sat, 19 Oct 2019 05:00:42 GMT

Holzmann says ECB needs to cut inflation target

Robert Holzmann, the Austrian Central Bank Governor, said that the European Central Bank needs to lower its inflation target.

Sat, 19 Oct 2019 03:47:58 GMT

Britain's exit from EU hangs on knife-edge

On Friday, the UK Prime Minister Boris Johnson scrambled to win over a number of MPs to support his Brexit deal from being defeated in the Parliament on Saturday.

Sat, 19 Oct 2019 02:42:25 GMT

Aramco earns relatively little profit from foreign refining

Documents showed that Saudi Aramco, the world's biggest oil company, makes only a little proportion of its profits from foreign refining investments.

Sat, 19 Oct 2019 02:05:03 GMT

Macron rejects EU membership talks with North Macedonia

On Friday, Emmanuel Macron, the President of France, refused to let North Macedonia and Albania begin talks on joining the EU.

Fri, 18 Oct 2019 20:34:21 GMT

Trump to choose Brouillette as new Energy Secretary

The US President Donald Trump stated on Friday that the he would appoint the former Ford's Vice President, Dan Brouillette, as the new Energy Secretary.

Fri, 18 Oct 2019 19:43:20 GMT

Britain's exit from EU hangs on knife-edge

On Friday, the UK Prime Minister Boris Johnson scrambled to win over a number of MPs to support his Brexit deal from being defeated in the Parliament on Saturday.

Fri, 18 Oct 2019 18:46:44 GMT

Oil prices remain stable

On Friday, crude oil prices remained stable, as concern over China's economic growth, was countered by bullish momentum from both the US and the Chinese refining sectors.

Fri, 18 Oct 2019 17:52:11 GMT

Macron refuses EU membership talks with North Macedonia

On Friday, Emmanuel Macron, the President of France, refused to let North Macedonia and Albania begin talks on joining the EU.

Fri, 18 Oct 2019 16:57:38 GMT

Mulvaney admits quid pro quo over Ukraine aid

The White House acting Chief of Staff Mick Mulvaney acknowledged that President Donald Trump froze $391M in security aid to Ukraine in part to pressure the country into investigating Democrats.

Fri, 18 Oct 2019 16:05:28 GMT

Perry says departure has nothing to do with Ukraine scandal

On Friday, Rick Perry, the US Secretary of Energy, said that his departure has absolutely nothing to do with Congress' impeachment inquiry over President Trump's handling of Ukraine.

Fri, 18 Oct 2019 15:06:34 GMT

Indonesia launches international aid agency

On Friday, Indonesia launched a new agency for international development. The main objective of the agency was to provide development aid or disaster relief to smaller countries.

Fri, 18 Oct 2019 13:51:02 GMT

Austria's AMS shares drop 5% on renewed Osram bid

On Friday, Austria's AMS shares plunged almost 5% on a Bloomberg report that the sensor maker was set to launch talks over renewed offer for Osram, after it failed in its first attempt.

Fri, 18 Oct 2019 13:11:37 GMT

Coca-Cola reports better-than-expected quarterly revenue

On Friday, Coca-Cola reported its quarterly revenue beat Wall Street's estimates, driven by robust demand for Coca-Cola Plus Coffee and zero-sugar sodas.

Fri, 18 Oct 2019 12:01:26 GMT

American Express profit up 6%

American Express Co announced on Friday a 6% growth of its Q3 profit amid higher consumer spending.

Fri, 18 Oct 2019 11:11:37 GMT

China purchases soybeans in Brazil

According to sources familiar with the matter, Chinese traders continued to purchase Brazilian soybeans this week, despite the deal concluded with the US farmers.

Fri, 18 Oct 2019 10:02:58 GMT

Japan evaluates positive effect from US trade deal

The Japanese government stated on Friday that bilateral trade deal with the US could add 0.8% to GDP growth over the next 10-20 years.

Fri, 18 Oct 2019 09:09:18 GMT

Remy Cointreau reports lower cognac sales

The French spirits producer Remy Cointreau stated on Friday that unceasing protests in Hong Kong have negatively affected its cognac sales in Q2.

Fri, 18 Oct 2019 08:03:56 GMT

Japan's core consumer inflation hits 2-1/2-year low

The Japanese nationwide core consumer price index slowed to nearly two-and-half years low in September. The decline was attributed to sliding energy prices.

Fri, 18 Oct 2019 06:41:29 GMT

Kudlow sees momentum for initial phase of trade deal with China

On Thursday, Larry Kudlow, the White House senior economic adviser, said that there was momentum to finalise the initial phase of a trade deal with China.

Fri, 18 Oct 2019 06:06:19 GMT

China hopes to reach phased agreement with US

On Thursday, China's Ministry of Commerce spokesperson Gao Feng said that Beijing hoped to reach a phased trade pact with the US very soon.

Fri, 18 Oct 2019 04:57:30 GMT

Ford, Volkswagen and Amazon team up to build EV charging network

On Thursday, Ford Motor announced that it was partnering with Amazon.com and Volkswagen AG to build electric vehicles charging network in North America.

Fri, 18 Oct 2019 04:01:34 GMT

VW gets extra time to comply with diesel settlement terms

Volkswagen announced on Thursday that the US DOJ and its independent compliance auditor have approved a request from the company for extra time to comply with the diesel settlement terms.

Fri, 18 Oct 2019 03:01:17 GMT

Pence says ceasefire agreed in Syria

On Thursday, the US Vice President Mike Pence announced that he had agreed on a deal with the Turkish President Recep Tayyip Erdogan for a ceasefire in northeast Syria.

Fri, 18 Oct 2019 02:19:05 GMT

Fitbit partners with Bristol-Myers Squibb

On Thursday, the Bristol-Myers Squibb-Pfizer Alliance and Fitbit Inc announced that they are working together to develop a method to detect and understand heart rhythm irregularities.

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