News

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Sat, 16 Mar 2019 17:17:43 GMT

LNG supply to continue rising in 2019

According to the IHS Markit's analysts, the global supply of liquefied Natural gas (LNG) is expected to increase by 35-40M tonnes or 9% this year.

Sat, 16 Mar 2019 16:19:59 GMT

China wants more cooperation with UK

At a dinner organized by the 48 Group Club, the China's Ambassador to the United Kingdom Liu Xiaoming called the countries to substantially enhance financial cooperation.

Sat, 16 Mar 2019 16:16:28 GMT

Hungary pledges to continue protecting women rights

The Hungarian envoy to the United Nations Katalin Bogyay stated on Saturday that the social and economic policies adopted by the government were ensuring protection of women's rights.

Sat, 16 Mar 2019 15:16:26 GMT

Sudan to take $300M loans

The Finance Ministry of Sudan agreed on Saturday to take a $230M loan from the Arab Monetary Fund and $70M loan from the Arab Trade Financing Program.

Sat, 16 Mar 2019 15:13:41 GMT

DUP likely to support Theresa May

According to the Spectator magazine, the Northern Irish party (DUP) is expected to support Theresa May's deal on Brexit in the third parliamentary vote.

Sat, 16 Mar 2019 14:10:20 GMT

Brits seek Irish citizenship in anticipation of Brexit

According to the RTE news agency, the Irish government has received 230K applications for citizenship, which represents a 30% increase, compared with the same date the previous year.

Sat, 16 Mar 2019 14:03:00 GMT

Austria calls UK to participate in EU elections

The Austria's envoy to Brexit negotiations Gregor Schusterschitz stated on Saturday that Britain should take part in the European Parliament elections if its exit from the European Union got delayed.

Sat, 16 Mar 2019 13:19:53 GMT

Chinese foreign investment law support business environment's improvement

The Chinese newly passed law over foreign investments is likely to benefit companies and foreign investors, and would help to improve the country's business environment, experts said.

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.

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