News

Note: This section contains information in English only.
Sat, 01 Feb 2020 19:12:44 GMT

WeWork finds new CEO

According to sources familiar with the matter, WeWork's leadership plans to appoint Sandeep Mathrani as its new CEO.

Sat, 01 Feb 2020 17:56:21 GMT

Sturgeon pledges to return to EU

The Prime Minister of Scotland Nicola Sturgeon stated on Saturday that in due time Scotland would return back to the European Union as an independent country.

Sat, 01 Feb 2020 16:37:53 GMT

US to keep pressure on Iran

The US decision to lift sanctions from COSCO, Chinese tanker firm, was not a sign of pressure weakening against Iran, a senior American official stated on Saturday.

Sat, 01 Feb 2020 15:37:46 GMT

India increases import taxes

The Indian government on Saturday made a decision to increase taxes on some imported goods in an attempt to support local producers.

Sat, 01 Feb 2020 14:37:06 GMT

Arab League slams Trump's plan

In an official communique published on Saturday, the Arab League rejected Donald Trump's peace plan for the Middle East.

Sat, 01 Feb 2020 13:35:54 GMT

Johnson wants to check EU goods

The British Prime Minister Boris Johnson stated on Saturday that he wanted to return full border and customs checks on goods coming from the European Union.

Sat, 01 Feb 2020 12:37:00 GMT

Malaysia investigate UK's SFO claim

The Malaysian Anti-Corruption Commission stated on Saturday that it would examine a claim made by the UK Serious Fraud Office (SFO) regarding graft between Airbus and AirAsia.

Sat, 01 Feb 2020 11:38:23 GMT

PG&E shows new bankruptcy plan

The US power producer PG&E presented on Friday evening a new version of its bankruptcy plan that pressuposes inter alia a new board of directors.

Sat, 01 Feb 2020 10:24:48 GMT

India takes action to stimulate growth

The Indian government stated on Saturday that it would devote $40B on agriculture and infrastructure support in an attempt to overcome biggest economic deceleration in a decade.

Sat, 01 Feb 2020 09:26:50 GMT

Apple to stop activities in China

Apple Inc made a decision on Saturday to temporary close all its offices and stores in mainland China amid the outbreak of coronavirus.

Sat, 01 Feb 2020 07:55:45 GMT

Bayer AG tries to settle Roundup lawsuits

According to a source with knowledge of the matter, Bayer AG is in talks to potentially settle the company's Roundup weedkiller lawsuit in the United States.

Sat, 01 Feb 2020 06:52:24 GMT

US booking flights to Brazil surges 39%

According to Brazil's official tourism agency, the number of US citizens travelling to Brazil has surged by 39% since the Brazilian President Jair Bolsonaro eliminated tourist visa for U.S. nationals.

Sat, 01 Feb 2020 05:50:56 GMT

Airbus agrees to pay $4B fine to settle bribery lawsuit

France's prosecutors announced on Friday that Airbus has agreed to pay UK's Serious Fraud Office and its French and American counterparts $4B to settle a bribery case.

Sat, 01 Feb 2020 04:42:24 GMT

US Treasury to lift sanctions on COSCO Shipping Tanker

According to a US official, the US Treasury has lifted sanctions the Chinese COSCO shipping Tanker, which the United States accused of transporting Iran's crude oil.

Fri, 31 Jan 2020 20:54:38 GMT

Stroll and investors rescue Aston Martin

A consortium, led by Canada's billionaire Lawrence Stroll, and the Italian and Kuwaiti private equity groups have agreed to invest 500 million Pounds into the British carmaker, Aston Martin.

Fri, 31 Jan 2020 19:59:10 GMT

Bayer AG tries to settle Roundup lawsuits

According to a source with knowledge of the matter, Bayer AG is in talks to potentially settle the company's Roundup weedkiller lawsuit in the United States.

Fri, 31 Jan 2020 18:58:40 GMT

Exxon Q4 profit declines

Shares of Exxon Mobil edged lower by 3% to $62.86 in early trading on Friday after the company announced a 5.2% decline in Q4 profit.

Fri, 31 Jan 2020 17:59:39 GMT

President Macron to address nation on Brexit

On Friday, the President of France Emmanuel Macron plans to address the French people on the UK exit from the European Union.

Fri, 31 Jan 2020 17:12:47 GMT

UK officially exits from EU

The United Kingdom will officially exit from the European Union at 23:00 GMT on Friday, ending its 47 years membership of the world's largest trading bloc.

Fri, 31 Jan 2020 17:00:07 GMT

President Macron to address nation on Brexit

The President of France Emmanuel Macron plans to address the French people on Friday at 17:15 GMT, on UK's exit from the European Union.

Fri, 31 Jan 2020 15:45:59 GMT

Orange picks Nokia, Ericsson for 5G deploy

The French largest telecoms company Orange announced it had selected Nokia and Ericsson its 5G network deployment in France, as Huawei Technologies is facing tough political scrutiny in Europe.

Fri, 31 Jan 2020 15:05:36 GMT

Brazilian jobless rate reaches low level

On Friday, Brazilian statisticians revealed that the country's jobless rate has declined to 11%, which is the lowest in almost four years.

Fri, 31 Jan 2020 13:42:36 GMT

Exxon Mobil profits fall

Exxon Mobil reported quarterly profits on Friday and revealed that the company has experienced a 5.2% profit decline.

Fri, 31 Jan 2020 12:47:56 GMT

UK leaves European Union

On Friday, the United Kingdom was set to officially leave the European Union. The event did not appear to cause a financial market reaction, as volatility remained stable.

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