News

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Sat, 16 Mar 2019 13:17:49 GMT

UK to increase number of overseas students 30%

The UK International Trade Secretary and Education Secretary published a new education strategy to rise the number of international students studying in Britain 30%.

Sat, 16 Mar 2019 12:32:41 GMT

Russia to respond to new sanctions by EU

Russia is set to respond to new European Union's sanctions, the country's Foreign Ministry stated on Saturday, without mentioning what action would be taken.

Sat, 16 Mar 2019 12:30:16 GMT

Azerbaijan spends almost $2B in 2018 to enhance defence capacity

Azerbaijan's Prime Minister stated that the country spent $1.94B to improve the country's defence capacity last year, the state news agency AZERTAC reported.

Sat, 16 Mar 2019 11:32:09 GMT

Belarus' GDP grows 0.8% in January-February

The Belorussian economy expanded 0.8% in January-February year-over-year, the country's National Statistics Committee stated.

Sat, 16 Mar 2019 11:29:37 GMT

Global supply of LNG to increase 9% this year

Global LNG supply is expected to increase 35M to 40M tonnes this year, representing a year-over-year growth of around 9%, IHS Markit stated.

Sat, 16 Mar 2019 10:02:39 GMT

Central Bank of China plans to gradually regulate fintech

The People's Bank of China said in a statement on Saturday that it would gradually set up rules to regulate fintech.

Sat, 16 Mar 2019 10:02:30 GMT

Trump signs first vote of his presidency

On Friday, the US President Donald Trump issued the first veto of his presidency to block measure passed by the US Congress that would end his emergency declaration on the border wall.

Sat, 16 Mar 2019 09:01:38 GMT

Caputova set to win Slovakia's Presidential election

Zuzana Caputova, a political newcomer, is set to win Slovakia's President vote on Saturday after poll shows that Smer party candidate Maros Sefcovic is trailing far behind.

Sat, 16 Mar 2019 09:01:17 GMT

US Jury finds Apple infringed Qualcomm patents

Qualcomm Inc, won a legal lawsuit against Apple Inc on Friday, after a jury in the San Diego Federal Court had fined that Apple owes Qualcomm around $31M for its three patent infringement.

Sat, 16 Mar 2019 08:06:55 GMT

Mercedes-Benz and BMW to lower prices in China

On Saturday, the German luxury carmaker Mercedes-Benz and BMW said that they would lower their prices in China after the Chinese government announced that it would reduce VAT.

Sat, 16 Mar 2019 08:06:46 GMT

PwC to pay $335 million to settle claims

The US Federal Deposit Insurance Corporation said in a statement that PricewaterhouseCoopers would pay about $335 million to settle claims over failed audits of Alabama's Colonial Bank.

Sat, 16 Mar 2019 07:08:44 GMT

Trump's administration plans to open up portions of Atlantic for drilling

Joe Balash, the US Interior Department assistant secretary for Land and Minerals, said in remarks that the Trump administration could open portions of the Atlantic for oil and gas drilling.

Sat, 16 Mar 2019 07:08:22 GMT

Boeing plans to release upgraded software for 737 MAX

According to sources with knowledge with the matter, Boeing Co plans to release updated software for 737 Max aircraft before the end of March.

Sat, 16 Mar 2019 06:03:00 GMT

Ford Motor plans to cut jobs in UK and Germany

On Friday, the US automaker Ford announced plans to cut about 5000 jobs in Germany and is set to reduce the workforce in the United Kingdom.

Sat, 16 Mar 2019 06:02:51 GMT

Varta and BMW apply for battery cell research fund

Luxury carmaker BMW and Germany's Varta said on Friday that they have applied for state financing of R&D in the battery cells field.

Sat, 16 Mar 2019 04:53:39 GMT

Wall Street edges higher on trade optimism

Wall Street edged higher on Friday, led by tech shares and optimism over trade talks between the United States and China.

Sat, 16 Mar 2019 04:53:27 GMT

Global equity markets hit fresh five-month high

Global equity markets reached a new five-month high on Friday. The surge was attributed to the US-China trade talks and the Brexit optimism.

Sat, 16 Mar 2019 03:51:05 GMT

Few US taxpayers expect to pay less from Trump's tax reform

According to an opinion poll released by Reuters/Ipsos on Friday, only one in five Americans would see savings from President Donald Trump's tax reform.

Sat, 16 Mar 2019 03:50:56 GMT

NY's Con Ed to impose moratorium on new natural gas service

Consolidated Edison Inc would be sticking with a moratorium on new natural gas service in Westchester County, the company stated.

Sat, 16 Mar 2019 03:26:42 GMT

Argentina's Central Bank wants to license market makers

According to two sources with knowledge of the matter, the Central Bank of Argentina plans to license market makers to help stabilise the country's currency.

Sat, 16 Mar 2019 03:25:24 GMT

Sullivan urges South Africa to be transparent in land reform

The Deputy US Secretary of State John Sullivan urged the South African government to be transparent about land reform.

Fri, 15 Mar 2019 20:54:19 GMT

Qualcomm wins lawsuit against Apple over infringement

Qualcomm, the smartphone chip supplier, won a legal lawsuit against Apple on Friday, after the San Diego Federal Court had fined that the US tech giant owes Qualcomm around $31M for its three patent infringement.

Fri, 15 Mar 2019 20:50:11 GMT

American Airlines suspends flights to two Venezuelan cities

On Friday, American Airlines halted its flight operations to two Venezuela's cities of Maracaibo and Caracas, following a travel advisory that had been issued by the US State Department earlier this week.

Fri, 15 Mar 2019 20:29:26 GMT

Petrobras CEO hopes to divest $10B in assets by May

Brazil's Petroleo Brasileiro CEO Roberto Castello Branco stated on Friday he was expecting the company to divest about $10B in assets within the first four months of the current year, helped by the major pipeline unit sale.

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