News

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Sat, 06 Apr 2019 15:23:11 GMT

China, US achieve some progress on trade talks

According to the CCTV, the United States and China have managed to move further in another round of trade negotiations that was held on Friday in Washington.

Sat, 06 Apr 2019 15:20:32 GMT

Corbyn awaits from government more flexibility

The head of British Labour Party Jeremy Corbyn stated on Saturday that the government should remove its red lines if it wanted to proceed further.

Sat, 06 Apr 2019 14:25:42 GMT

Last planes leave Ataturk airport

On Saturday, the last commercial air vessels took off from the Ataturk airport before moving all flights to a new Istambul airport which cost the country $8B.

Sat, 06 Apr 2019 14:17:58 GMT

G7 finishes two-day meeting, no consensus on Iran

On Saturday, the foreign ministers of the G7 group finished their two-day meeting, managing to agree on all issues except for Iran as well as Israeli-Palestinian conflict.

Sat, 06 Apr 2019 13:25:37 GMT

Iran, Iraq ready to expand trade ties

In a meeting between the Iranian President Hassan Rouhani and Iraq's Prime Minister Adel Abdul Mahdi both parties have agreed to enhance electricity and gas dealings, thus raising the volume of bilateral trade to $20B.

Sat, 06 Apr 2019 13:22:19 GMT

Polish opposition wants Polexit

On Saturday, Polish opposition front started the European Parliament election campaign, saying that the ruling Law and Justice party (PiS) eventually initiate Poland's withdrawal from the European Union.

Sat, 06 Apr 2019 12:26:33 GMT

Brexit likely to be discussed at G20 meeting

The European Commission's Vice President Valdis Dombrovskis stated on Saturday that Britain's withdrawal from the EU bloc was likely to be discussed widely during the G20 financial leaders' meeting in Washington scheduled for the next week.

Sat, 06 Apr 2019 12:22:20 GMT

Russia calls for peace among Libya's politicians

On Saturday, Sergei Lavrov, Russia's Foreign Minister, called on all Libya's political forces to reach an agreement among themselves, while being on his visit to Cairo.

Sat, 06 Apr 2019 11:35:47 GMT

Saudi Aramco to offer $16B contracts to SMEs

Saudi Aramco is set to offer $16B in 140 contracts to small, medium-sized enterprises in the kingdom, according to the Al Arabiya's announcement published on its website on Saturday.

Sat, 06 Apr 2019 11:29:52 GMT

Iran plans to expand power, gas trade with Iraq

On Saturday, the President Hassan Rouhani stated Iran was ready to expand the power and gas trade with the neighbouring Iraq, boosting it to $20B, despite some difficulties caused by the US sanctions imposed against Tehran.

Sat, 06 Apr 2019 10:35:53 GMT

Singapore, Malaysia to stop airspace dispute

Malaysia and Singapore reached an agreement to halt their airspace dispute that lasted for months, the country's transport ministers announced on Saturday.

Sat, 06 Apr 2019 10:19:26 GMT

Commerzbank's CEO says market share too small

Commerzbank's CEO Martin Zielke stated that the lender's market shares was too small, as well as its organic growth, considering a possible merger with Deutsche Bank.

Sat, 06 Apr 2019 09:34:34 GMT

Metropolis Healthcare $174M IPO over-subscribed

The $174M worth initial public offering of India's Metropolis Healthcare was over-subscribed 5.8 times at the book-running process-end on Friday, according to the stock exchange data.

Sat, 06 Apr 2019 09:30:31 GMT

US judge seeks holding CVS merger hearing

The US federal judge is reviewing a deal between CVS Health Corp and the government allowing the pharmacy group to acquire the health insurer Aetna, calling for a hearing in May to discuss the $69B merger.

Sat, 06 Apr 2019 08:20:20 GMT

Hyundai, Tencent to jointly develop software

According to the Maeil Business Newspaper, Tencent Holdings and Hyundai Motor Co have agreed to jointly develop software for self-driving cars.

Sat, 06 Apr 2019 08:17:46 GMT

SAP's Enslin to resign

The German software company SAP stated on Saturday that the chief of its cloud business unit Robert Enslin has made a decision to leave the company.

Sat, 06 Apr 2019 07:23:28 GMT

BHP Group to fire over 500 workers

The BHP Group CEO Peter Beaven stated on Saturday that the company plans to lay off nearly 20% of its 900 white-collar workers.

Sat, 06 Apr 2019 07:19:16 GMT

Hammond hopes for agreement with Labour

The UK Finance Minister Philip Hammond stated on Saturday that the goal of talks between the government and the Labour party was to overcome the Brexit deal deadlock, adding that he hoped reach mutually accepted agreement.

Sat, 06 Apr 2019 05:54:59 GMT

US to sanctions oil shipments from Venezuela to Cuba

On Friday, the United States targeted Cuba's crude oil supply from Venezuela, in a new round of sanctions.

Sat, 06 Apr 2019 05:54:51 GMT

Boeing plans to cut production of 737 MAX aircraft

On Friday, Boeing Co said that it would cut its monthly production of Boeing 737 aircraft by 20%, in the wake of two deadly crashes.

Sat, 06 Apr 2019 05:03:27 GMT

Economists expects Turkey's Central Bank to delay cutting rates

According to a Reuters poll, economists expected the Turkish Central Bank to delay cutting interest rates until July.

Sat, 06 Apr 2019 05:03:18 GMT

Commerzbank and Deutsche Bank favour straightforward merger

According to three sources with knowledge of the matter, Commerzbank and Deutsche Bank favoured merger over holding the company's structure.

Sat, 06 Apr 2019 04:05:29 GMT

World Bank executive board approves Malpass as next President

On Friday, the World Bank executive board has approved the appointment of David Malpass, as the bank's next President.

Sat, 06 Apr 2019 04:05:21 GMT

US considers economic penalty for smuggling of drugs from Mexico

The US President Donald Trump said on Friday that he was looking at an economic penalty for drugs, coming from Mexico.

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