News

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Sat, 10 Nov 2018 13:16:49 GMT

Saudi Arabia and Iraq agree to work jointly in energy sector

The Iraq's Oil Ministry Spokesman Asim Jihad announced on Saturday that his country and Saudi Arabia agreed to combine efforts to stabilize oil markets.

Sat, 10 Nov 2018 12:15:46 GMT

Erdogan considers meeting with Trump

The President of Turkey Tayyip Erdogan stated on Saturday he will try to find a way to have a bilateral meeting with the US President Donald Trump in Paris.

Sat, 10 Nov 2018 12:10:26 GMT

CIIE produces $57.8B of deals

According to the China Daily, nearly $57.8B worth of agreements were signed for the upcoming year at the China International Import Expo (CIIE).

Sat, 10 Nov 2018 11:12:05 GMT

Macron calls Europe to increase defence spending

On Saturday, after a meeting with Donald Trump the French President Emmanuel Macron emphasized that European members of the NATO indeed have to spend more on defence, thus lifting burden from the US.

Sat, 10 Nov 2018 11:07:40 GMT

US stands for robust Europe

The US President Donald Trump stated on Saturday he wanted to see the European allies strong but at the same noted that the current distribution of defense spending is unfair.

Sat, 10 Nov 2018 09:54:08 GMT

Vietnam set to lower budget deficit next year

Vietnam announced its intention to diminish its budget deficit to 3.6% of GDP in 2019 from the 3.7% target set for the current year.

Sat, 10 Nov 2018 09:49:25 GMT

Venezuela to increase gold output in spite of sanctions by US

Nicolas Maduro , the Venezuelan President, stated that his administration is set to keep increasing the production of minerals, especially gold, in spite of the US sanctions.

Sat, 10 Nov 2018 09:26:13 GMT

India's online smartphone sales to cross 50M mark in 2018

The sale of smartphones online picked up in India, adding to expectations that online sales of smartphones are likely to cross the 50M mark for the first time in 2018.

Sat, 10 Nov 2018 09:18:25 GMT

Chinese excavator sales increase 44.9% in October

Sales growth of the Chinese main excavator producers jumped in October, with 25 leading excavator makers selling more than 15K units last month, up 44.9% from the prior year.

Sat, 10 Nov 2018 08:31:00 GMT

CNAF launches aviation fuel index

China'a aviation fuel supplier CNAF launched the jet fuel consumption index for the country aimed at showing a gauge for the national and regional economic health of the world's second-biggest economy.

Sat, 10 Nov 2018 08:24:46 GMT

Netflix CEO Hastings says no plans for cheaper India offerings

Netflix CEO Reed Hastings stated that the streaming video firm had no plan for lower prices in the Indian market and that his comments suggesting otherwise were misunderstood.

Sat, 10 Nov 2018 07:25:36 GMT

China's Premier: no loans to small companies should be wilfully withdrawn

China's Premier stated that loans to small companies should not be wilfully withdrawn, and China should help firms to tackle liquidity difficulties, Xinhua reported.

Sat, 10 Nov 2018 07:16:53 GMT

Mexican industrial activity increases 1% in September

Industrial activity in Mexico rose 1% in September compared to the prior month, the largest increase since January, the Inegi stated in the report.

Sat, 10 Nov 2018 06:39:49 GMT

China's Yang: trade war with Washington can be resolved through talks

On Friday, top Chinese diplomat Yang Jiechi claimed that trade issues between Beijing and Washington could be resolved through negotiations and that the escalation of the trade conflict hurts both sides and global economy.

Sat, 10 Nov 2018 06:17:32 GMT

France's President Macron to meet Germany's Merkel to discuss Eurozone reforms

On Friday, the Elysee Palace claimed that the President of France Emmanuel Macron is planning to meet Germany's Chancellor Angela Merkel on November 18 to discuss economic reforms in Eurozone.

Sat, 10 Nov 2018 04:50:31 GMT

Apple reports about quality problems in MacBook Pro and iPhone X

On Friday, Apple Inc reported that some quality issues have been found in company's products, such as 13 inch version of MacBook Pro and iPhone X, adding that all issues would be fixed by the company for free.

Sat, 10 Nov 2018 04:50:20 GMT

US to stop refueling of Saudi-led coalition aircraft in Yemen

On Saturday, Saudi Press Agency reported that country's military has requested the US to stop refueling of Saudi-led coalition aircraft, ending the participation of the US in the military conflict in Yemen.

Sat, 10 Nov 2018 04:37:18 GMT

Brazil's Bolsonaro: tackling country's top deficit is top priority

On Friday, the President-elect of Brazil Jair Bolsonaro claimed that tackling the budget deficit of the country is a top priority for him but the final decision on the budget is up to the current President Michel Temer.

Sat, 10 Nov 2018 04:36:24 GMT

US regulator says AIG needs to improve disclosures of reinsurance

On Friday, The US Securities and Exchange Commission said that American International Group Inc needs to improve the disclosures about the usage of reinsurance to soften loses in casualty and property units.

Sat, 10 Nov 2018 03:00:49 GMT

Blackberry in talks to acquire cybersecurity firm Cylance

On Friday, Business Insider reported that Canadian BlackBerry Ltd is in talks to acquire California-based cybersecurity firm Cylance Inc, which recently was considering filing for IPO, for $1.5B.

Sat, 10 Nov 2018 02:58:24 GMT

US postpones sanctions deadline for Russian firms EN+, Rusal and Gaz PAO

On Friday, the US Treasury Department reported that it would extend the deadline for Russian tycoon Oleg Deripaska to reduce his stakes in Rusal, EN+ and Gaz PAO companies before putting these companies on the sanctions list.

Fri, 09 Nov 2018 21:18:55 GMT

Haldane slams excessive attention to Brexit

The Bank of England Chief Economist Andy Haldane noted on Friday that the country has a number of problems more signifficant than Brexit and the government must shift its focus to them.

Fri, 09 Nov 2018 21:14:18 GMT

US calls to keep South China Sea demilitarized

On Friday, the US Secretary of State Mike Pompeo called China to terminate militarization of the South China Sea but at the same time noted that America has no intention to start a new Cold War against its easten rival.

Fri, 09 Nov 2018 20:24:41 GMT

Montana judge stops Keystone XL pipeline construction

On Thursday evening, the US Court in Montana ruled to suspend construction of the Keystone XL oil pipeline projected to deliver Canadian crude oil to the US.

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