News

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Sat, 24 Nov 2018 15:27:03 GMT

Spain confirm deal over Gibraltar

The Prime Minister of Spain Pedro Sanchez confirmed that a deal over Gibraltar has been reached, thus clearing the path for an EU summit.

Sat, 24 Nov 2018 15:23:13 GMT

Johnson calls to appoint another Brexit Minister

The British ex-Foreign Secretary Boris Johnson called on Saturday to appoint new minister who would be responsible for preparations for Brexit without a deal with the EU.

Sat, 24 Nov 2018 14:38:08 GMT

Growing bond yields to affect Italy

The European Central Bank Supervisor Daniele Nouy stated on Saturday that growing bond yields could negatively affect Italian economy due to banks' lower interest in lending.

Sat, 24 Nov 2018 14:35:28 GMT

US oil firms look closely to Egypt

The Petroleum Minister of Egypt Tarek El Molla stated on Sunday that more and more American companies expressed their interest in development of the country's offshore oil deposits.

Sat, 24 Nov 2018 13:09:03 GMT

Mexican economy expands 2.5% in Q3

Mexico's economy expanded at the rate of 2.5% year-on-year in the third quarter, supported mainly by the services sector with the biggest contribution coming from financial services and retail sales, the Inegi stated.

Sat, 24 Nov 2018 12:34:30 GMT

US fund investors reveal concern over credit

The US fund investors renewed concerns on quality of credit in the corporate debt market over the latest week, hitting high-yield debt funds and leveraged loan with multibillion-dollar withdrawals, Lipper data revealed.

Sat, 24 Nov 2018 11:50:28 GMT

FinMin sees Brexit deal as best option to protect UK economy

Britain's draft deal to quit the EU was the best available option to safeguard the country's economy and begin to reunite a divided country, Chancellor Philip Hammond stated.

Sat, 24 Nov 2018 11:50:14 GMT

Chinese lottery sales jump 12.2% in October

China's lottery sales grew 12.2% year-over-year to nearly $6B in October with the biggest jump of 20.5% in sales of sports lottery, the Ministry of Finance stated.

Sat, 24 Nov 2018 11:30:46 GMT

A10 Networks considers potential sale

A10 Networks, the US technology company, was exploring options, which include a possible sale of the firm, sources with the matter stated.

Sat, 24 Nov 2018 11:29:31 GMT

Total: batteries investment to depend on Asian level playing field

Oil and gas company Total is set to invest heavily in production of car batteries if it manages to compete over equal conditions with Asia's manufacturers.

Sat, 24 Nov 2018 10:11:34 GMT

Deforestation in Brazil reach 10-y high

According to government report released on Friday, this year 7.9 square kilometers were cleaned from forest in the Brazilian Amazon, thus representing the highest result in a decade.

Sat, 24 Nov 2018 10:05:58 GMT

Climate change damages US economy, report says

According to a government report published on Friday, gradual increase in emissions will inevitably damage different sectors of the US economy, such as agriculture, health care and infrastructure.

Sat, 24 Nov 2018 09:15:10 GMT

Iran calls for Muslims unity against

The President of Iran Hassan Rouhani on Saturday called all Muslims to unite and stand against injustice and violence coming from the Western countries led by the United States.

Sat, 24 Nov 2018 09:10:00 GMT

Hammond says Brexit deal is beneficial for economy

The British Finance Minister Philip Hammond said on Saturday that deal on Brexit negotiated by Theresa May would be beneficial for country not only from political point of view but also from economic.

Sat, 24 Nov 2018 08:04:00 GMT

South Korea receives UN sanctions exemption for survey of inter-Korean railway

On Saturday, South Korean said it had secured sanctions exemptions from the United Nations Security Council for the inter-Korean railway's survey.

Sat, 24 Nov 2018 08:03:26 GMT

Kelly defend Ghosn's payment

On Saturday, the ex-Nissan executive Greg Kelly, who was arrested along with the former Nissan Motor Chairman Carlos Ghosn, said that Ghosn's payment was appropriate.

Sat, 24 Nov 2018 07:07:47 GMT

Costa Rica's Supreme Court validates tax reform

Costa Rica's Supreme Court has endorsed a tax reform bill, approved by lawmakers in October, which aims to cut government worker benefits and increase taxes.

Sat, 24 Nov 2018 07:06:37 GMT

Bahrain holds Parliamentary elections

On Saturday, thousands of Bahrainis went to the polling stations to vote in the country's Parliamentary elections.

Sat, 24 Nov 2018 06:13:41 GMT

Singapore's Keat likely to become next PM

On Friday, the Finance Minister of Singapore Heng Swee Keat took the position of the 1st Assistant Secretary-General of the country's govering People's Action Party, thus becoming the most likely candidate for the post of Prime Minister.

Sat, 24 Nov 2018 06:07:35 GMT

China backs WTO reforms

The China's Ministry of Commerce stated on Saturday that the country backs required reforms of the World Trade Organization (WTO), which could make it more effectivene and authoritative.

Sat, 24 Nov 2018 05:06:09 GMT

Trump denies rumors about Mnuchin resignation

The US President Donald Trump published post in Twitter on late Friday, in which he denied the rumors about his dissatisfaction with the country's Treasury Secretary Steven Mnuchin.

Sat, 24 Nov 2018 05:01:50 GMT

Taiwan holds local elections

On Saturday, thousands of Taiwanese went to polling stations to give their vote in local elections, which experts viewed as a test for pro-independence govering party ahead of presidential elections.

Sat, 24 Nov 2018 03:56:05 GMT

Logitech considers acquiring headphone maker Plantronics

The Swiss manufacturer of webcams and keyboards, Logitech International, is in talks to acquire the US producer of the gaming headsets and Bluetooth earpieces, Plantronics, in a potential deal worth over $2.2B.

Sat, 24 Nov 2018 03:55:07 GMT

Vauxhall to shed extra jobs from Ellesmere Port plant

PSA's British firm Vauxhall is planning to cut additional 241 job positions at the Ellesmere Port car factory amid its latest reductions at the site, aggravating union concerns about the plant future.

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