News

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Sat, 03 Aug 2019 16:48:20 GMT

Protests in Moscow continue

On Saturday, activists in Russia continued to protest despite already 600 people reportedly being detained by the middle of the day.

Sat, 03 Aug 2019 15:57:08 GMT

Berkshire Hathaway publishes earnings

On Saturday, Berkshire Hathaway announced that its earnings in the last quarter are below analyst forecasts. Moreover, analysts had expected a decline in profits.

Sat, 03 Aug 2019 14:53:53 GMT

Chevron profit up 26% on higher production

Chevron reported a 26.3% rise to $4.31B in its quarterly profit, as higher oil and gas output and a one-time breakup fee from the failed bid for a rival offset weaker energy prices and an increase in expenses.

Sat, 03 Aug 2019 13:52:56 GMT

Nissan to Renault: diminish 43.4% stake in firm

Top executives at Renault and Nissan Motor tried to reach the deal to reshape companies' global alliance and Renault to decrease 43.4% stake in the firm, in a bid to revive Renault's negotiations with Fiat Chrysler to merge.

Sat, 03 Aug 2019 12:59:34 GMT

Mazda sales in China slide 17.2% year

Japan's automaker Mazda delivered 17K cars in China in July, declining 17.2% compared with 20.5K cars delivered in the same period in the prior year ago, the company reported.

Sat, 03 Aug 2019 11:42:24 GMT

Trump, EU sign agreement to sell more US beef to Europe

The US President Donald Trump announced an agreement to sell more America's beef to Europe, while tariffs over European vehicles exports remain a possibility.

Sat, 03 Aug 2019 10:58:05 GMT

EU to France: recover illegal aid of €8.5M from Ryanair

Competition regulators of the EU ordered France to recover €8.5M in illegal aid provided to Ryanair at Montpellier airport, as it gave the Irish carrier an inequitable advantage.

Sat, 03 Aug 2019 10:15:15 GMT

Google, Apple pause reviewing recordings from IVAs

Alphabet's Google and Apple have suspended reviewing users' recordings made during interacting with voice assistants globally, as concerns on data privacy mounted.

Sat, 03 Aug 2019 08:53:00 GMT

Exxon Mobil's profit falls amid weakness in refining, chemicals

Exxon Mobil reported a 21% decline in its quarterly profit, the third period in succession of weaker year-on-year results, as significantly higher oil production was offset by weakening chemicals and refining business.

Sat, 03 Aug 2019 07:55:12 GMT

Google to allow rivals to compete over Android

Alphabet's Google is expected to allow rivals to compete over being the default search engine on new devices with Android operating system in Europe, though they will have to pay for this privilege.

Sat, 03 Aug 2019 07:13:58 GMT

Apple Card not to allow cryptocurrencies' purchase

The Apple's credit card launched with cooperation with Goldman Sachs is unlikely to allow the cryptocurrencies' purchase with the card, according to a customer agreement reported Goldman's website.

Sat, 03 Aug 2019 05:57:54 GMT

EU leaders name Bulgaria's Georgieva to lead IMF

The European Union governments have named Bulgaria's Kristalina Georgieva, as the European candidate to head the International Monetary Fund.

Sat, 03 Aug 2019 05:01:59 GMT

Trump tariffs could hit Apple's annual earnings

According to analysts from the Bank of America, President Donald Trump's newly proposed tariffs on products made in China is likely to hit Apple's annual earnings.

Sat, 03 Aug 2019 04:02:48 GMT

MTN Nigeria asks court to rule on tax treatment

According to the spokesperson for MTN Nigeria, the telecoms firm has requested the Nigerian tribunal to decide if it should pay corporation tax to the Nigerian tax authority.

Sat, 03 Aug 2019 03:00:38 GMT

US withdraws from nuclear missile pact with Russia

On Friday, the United States formally pulled out from the 1987 Intermediate-range Nuclear Forces Treaty with Russia, after saying that Moscow violated the treaty.

Sat, 03 Aug 2019 02:06:45 GMT

Amazon to pass cost of new French digital tax to consumers

Amazon announced on Friday that it would move the cost of France's digital tax to small business partners and consumers.

Fri, 02 Aug 2019 19:43:05 GMT

Brookfield seeks for 30% stake in Brookfield Ambiental

Brookfield Asset Management has entered talks to buy 30% stake in Brazil's sanitation firm Brookfield Ambiental, owned by FGTS, the workers severance fund, in a deal that could be potentially valued at $520M, according to sources.

Fri, 02 Aug 2019 18:43:33 GMT

EU leaders race to nominate IMF chief

On Friday, the EU governments would try to choose a candidate to head the International Monetary Fund from a list of two names, Bulgaria's Kristalina Georgieva and Netherland's Jeroen Dijsselbloem.

Fri, 02 Aug 2019 18:39:28 GMT

MTN Nigeria asks court to rule on tax treatment

According to the spokesperson for MTN Nigeria, the telecoms firm has requested the Nigerian tribunal to decide if it should pay corporation tax to the Nigerian tax authority.

Fri, 02 Aug 2019 18:01:01 GMT

US Dollar declines on jobs report

On Friday, the US Dollar fell 0.63% against the Japanese Yen after the US Labour Department announced that the US economy added 164,000 jobs in July.

Fri, 02 Aug 2019 17:01:16 GMT

Wall Street's main indexes hit one-month low

On Friday, US stocks hit a one-month low. The decline was attributed to the escalating trade tensions between the United States and China.

Fri, 02 Aug 2019 16:01:23 GMT

Trump tariffs could hit Apple's annual earnings

According to analysts from the Bank of America, President Donald Trump's newly proposed tariffs on products made in China is likely to hit Apple's annual earnings.

Fri, 02 Aug 2019 15:03:19 GMT

US economy adds 164k jobs in July

According to the US Labour Department report, the US economy added 164,000 jobs in July, right in line with expectations and the rate of growth over the past quarter.

Fri, 02 Aug 2019 14:17:43 GMT

Sprint posts fewer-than-expected losses in phone subscribers

On Friday, Sprint Corp reported its has lost fewer-than-expected quarterly phone subscribers, 128K users against the 150K reading estimated by analysts, due to the US wireless carrier's plans that helped the company to retain customers.

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