News

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Sun, 18 Nov 2018 13:29:34 GMT

May calls to end rumors about leadership change

The Prime Minister of Britain Theresa May warned on Sunday that her resignation would mean delay of Brexit for unclear time period and asked to stop distracting her from vital week of negotiations.

Sun, 18 Nov 2018 13:21:47 GMT

Di Maio believes EU elections will help Italy

The Deputy Prime Minister of Italy Luigi Di Maio stated on Sunday that the upcoming elections into the EU Parliament would inevitably change political landscape and, as a result, help the country to settle the budget issue with the EU Commission.

Sun, 18 Nov 2018 12:15:06 GMT

Raab calls to change approach to Brexit

The Britain's ex-Brexit Mnister Dominic Raab stated on Sunday that Brexit deal negotiated by the country's Prime Minister Theresa May contained multiple flaws, yet she still has time to change course.

Sun, 18 Nov 2018 12:11:53 GMT

Markus Soeder to run for CSU chair

The Minister President of Bavaria Markus Soeder announced on Sunday his plans to run for the post of head of the Bavarian CSU conservative party.

Sun, 18 Nov 2018 11:13:33 GMT

May says next week is decisive for Britain

The Prime Minister Theresa May emphasized on Sunday that next week would be vital for the country's future, as Parliament needs to decide whether to accept her Brexit deal or not.

Sun, 18 Nov 2018 11:06:25 GMT

Corbyn says second referendum on Brexit is not for today

The UK opposition Labour Party leader Jeremy Corbyn stated on Saturday that second referendum on Brexit is likely to happen in future, yet it was not an option for today as situation remains so unclear.

Sun, 18 Nov 2018 09:59:42 GMT

VW seen to be most profitable EV manufacturer

Volkswagen's CEO Herbert Diess stated it was expecting the multi-brand automaking company to become the most profitable producer of electric vehicles owing to economies of scale.

Sun, 18 Nov 2018 09:53:48 GMT

Dassault, Airbus nears bid for initial work on fighter jet

France's Dassault Aviation and the Dutch group Airbus are preparing to submit an unsolicited bid to the French and German authorities for an early conceptual work on the next-generation fighter jet.

Sun, 18 Nov 2018 09:39:30 GMT

Delta orders ten extra Airbus A330neo long-haul jets

Delta Air Lines, the American carrier, added ten new Airbus A330neo long-haul jets for a potential value of $3.0B or less, in boost to the Airbus' slow-selling aircraft.

Sun, 18 Nov 2018 09:34:57 GMT

Britain's Ineos considers buying Conoco North Sea assets

The UK petrochemicals firm Ineos has entered the exclusive talks with the US energy company ConocoPhillips to acquire its North Sea gas and oil fields worth $3.0B, according to the Sunday Times newspaper.

Sun, 18 Nov 2018 07:59:20 GMT

Theresa May comments on Brexit

On Sunday, the Prime Minister of the United Kingdom Theresa May announced that there are no alternatives to her version of the Brexit deal.

Sun, 18 Nov 2018 07:58:50 GMT

China issues loans to Tonga

As the small pacific nation of Tonga has agreed to the China's Belt and Road initiative, China has issued loans to the country.

Sun, 18 Nov 2018 07:33:06 GMT

French protestors rally against Macron's taxes

Thousands of French citizens gathered on Sunday to protest Emmanuel Macron's new economic policies by blocking traffic.

Sun, 18 Nov 2018 07:32:37 GMT

APEC meetings fails to reach consensus

On Sunday, it was announced by Chinese officials that the leaders of the Asia Pacific Economic Cooperation forum have failed to solve the issues among them.

Sun, 18 Nov 2018 05:42:27 GMT

Interpol renews warrant for MOL's CEO

On Sunday, the representatives of the international police Interpol renewed the arrest warrant for the head of the Hungarian energy group MOL.

Sun, 18 Nov 2018 05:42:20 GMT

US pledges electricity to Papua New Guinea

The officials of the United States on Sunday announced a $1.7 billion plan to provide electric power to Papua New Guinea in an effort to counter China's debt financing effort in the region.

Sun, 18 Nov 2018 05:25:57 GMT

J.Crew CEO steps down

On Sunday, it was revealed that the CEO of J.Crew James Brett has stepped down after a short period in the position.

Sun, 18 Nov 2018 05:25:32 GMT

Australian minister comments on trade deal with Indonesia

The Trade Minister of Australia on Sunday revealed that the trade deal with Indonesia is being delayed due to translation glitches.

Sat, 17 Nov 2018 21:34:03 GMT

Alstom, Siemens not to seek hearing to get EU nod on merger

Alstom and Siemens are not set to seek a hearing to address the antitrust concerns to win the approval by the European Union regulators for their rail merger deal.

Sat, 17 Nov 2018 21:23:26 GMT

Bombardier head meets inestors as shares down 20%

The CEO of Bombardier Alain Bellemare held a meeting with investors after a disappointing forecast on free cash flow and regulatory action that sent the train and plane manufacturer's shares down 20%.

Sat, 17 Nov 2018 20:34:12 GMT

ABC Entertainment chief Dungey to be replaced by Burke

The current President of Walt Disney's ABC Entertainment, Channing Dungey, will be replaced by the original programming head for Disney's cable channel Freeform, Karey Burke, the company announced on Friday.

Sat, 17 Nov 2018 20:27:08 GMT

Gubitosi likely to become TIM's CEO

Luigi Gubitosi, the veteran Italian manager, is likely to become a new Chief Executive Officer of the Italian largest telecoms firm Telecom Italia, two sources with a knowledge on the matter reported.

Sat, 17 Nov 2018 19:38:20 GMT

Drug developer Tesaro considers sale

Tesaro, the cancer drug developer, has hired financial advisers after getting a takeover interest and is considering to sell itself, according to a Bloomberg report.

Sat, 17 Nov 2018 19:35:20 GMT

Struggling Fastjet seeks to attract $40M in fundraising

Africa's struggling low-cost airline Fastjet is planning to launch an equity refinancing and fundraising, as it seeks to attract at least $40M to increase its equity base.

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