News

Note: This section contains information in English only.
Sun, 04 Aug 2019 19:09:59 GMT

Apple takes huge share of tablets' market in Q2

Apple kept leading the global tablet sector, with the company's market share reaching 38.1% in the second quarter, followed by Samsung with 15.2% and Huawei with 10.3% of the market share.

Sun, 04 Aug 2019 18:08:08 GMT

Zimbabwe raises fuel price again

Zimbabwe raised the price of diesel and petrol up to 26% after the country's Finance Minister increased import tax over fuel last week, adding pressure on citizens fighting with triple-digit inflation.

Sun, 04 Aug 2019 16:52:40 GMT

Chinese chemical sector with faster value-added rise

The chemical sector in China saw faster value-added increase of 4.6% year-over-year in the first half of 2019, according to the report published by the NDRC.

Sun, 04 Aug 2019 15:53:36 GMT

New US sanctions unlikely to hurt Russia's financial system

The Russian Financial Minister Anton Siluanov stated that additional sanctions by the US would affect bilateral ties between Washington and Moscow, but the country's financial system is resilient to external pressures.

Sun, 04 Aug 2019 15:15:44 GMT

US, Japan aimed at trade deal by September

The United States and Japan agreed to target a broad bilateral trade deal by September, aiming to bridge difference in opinions on tariffs over beef and the automobile sector.

Sun, 04 Aug 2019 14:02:35 GMT

Economic sentiment decreases in Cyprus in July

Economic sentiment fell in Cyprus last month, compared to June, resulting from a weaker business confidence in almost every main sectors driving the country's growth, according to the report.

Sun, 04 Aug 2019 12:51:34 GMT

Kia Motors' sales down 2.7% globally

Kia Motors announced its global sales of 225.9K units for last month, a 2.7% decline compared to the similar period in 2018.

Sun, 04 Aug 2019 12:17:35 GMT

Iran-Azerbaijan trade grows strongly

Trade between Azerbaijan and Iran increased 2.2 times in the past six-month period compared with the 2018 same period, as both countries made investments in different fields, such as railway industry.

Sun, 04 Aug 2019 11:08:15 GMT

Germany's car sales increase in July

The car market in Germany grew markedly in July, with 333K cars sold in the period, up 4.7% year-on-year, while in the half-year period sales added 1.2% to reach almost 2.2M vehicles.

Sun, 04 Aug 2019 09:54:53 GMT

Musk to launch tunnelling company's China unit

Elon Musk is set to launch his underground tunnelling enterprise's, known as The Boring Company, unit in China this month, the billionaire entrepreneur stated.

Sun, 04 Aug 2019 09:22:32 GMT

Singapore's manufacturing activity grows in July

Singapore's manufacturing PMI increased to 49.8 in July from 49.6 in June, improving amid a marginal growth in factory output and new orders, as well as lingering rise in exports.

Sun, 04 Aug 2019 07:53:33 GMT

Portugal's tourism slows on fewer Brits' visits

The number of foreign tourists travelling to Portugal grew 7.5% to 22.8M visitors in 2018, a sharp decline from a nearly 17% jump the prior year amid a decrease in visitors from the UK, its biggest market.

Sun, 04 Aug 2019 07:02:20 GMT

Aeroflot's net loss rises markedly in H1

Net loss of Aeroflot almost doubled, rising to $220M In the first six-month period of 2019, compared to the similar period last year, dragged by disappointing fiscal Q1 results.

Sun, 04 Aug 2019 02:41:25 GMT

Romanian budget deficit at 1.9% of GDP

The consolidated budget deficit of Romania reached nearly €4.2B or 1.94% of the GDP in the period of January-June, compared to 1.58% in the H1 of the last year.

Sun, 04 Aug 2019 02:41:06 GMT

Malaysia's exports decline 3.1% in June

Malaysian exports contracted 3.1% year-over-year to nearly $18.34B in June, affected by weaker shipments of electronic and electrical products, official data revealed.

Sun, 04 Aug 2019 02:33:43 GMT

Ferrari sales surge in first half

Demand for the Ferrari's Portofino model helped to increase profits, where half-year revenue grew €1.9B, up 11%, while net profit rose 18% to €36M.

Sat, 03 Aug 2019 19:55:25 GMT

Berkshire Hathaway blames trade policy

On Saturday, it was announced by Berkshire Hathaway that its BNFS railroad company has suffered losses due to low cargo volumes caused by US trade policy.

Sat, 03 Aug 2019 17:51:43 GMT

Geico suffers losses

On Saturday, it was announced by Berkshire Hathaway that the company's auto insurer Geico has received more than expected accident claims, which caused losses.

Sat, 03 Aug 2019 16:48:20 GMT

Protests in Moscow continue

On Saturday, activists in Russia continued to protest despite already 600 people reportedly being detained by the middle of the day.

Sat, 03 Aug 2019 15:57:08 GMT

Berkshire Hathaway publishes earnings

On Saturday, Berkshire Hathaway announced that its earnings in the last quarter are below analyst forecasts. Moreover, analysts had expected a decline in profits.

Sat, 03 Aug 2019 14:53:53 GMT

Chevron profit up 26% on higher production

Chevron reported a 26.3% rise to $4.31B in its quarterly profit, as higher oil and gas output and a one-time breakup fee from the failed bid for a rival offset weaker energy prices and an increase in expenses.

Sat, 03 Aug 2019 13:52:56 GMT

Nissan to Renault: diminish 43.4% stake in firm

Top executives at Renault and Nissan Motor tried to reach the deal to reshape companies' global alliance and Renault to decrease 43.4% stake in the firm, in a bid to revive Renault's negotiations with Fiat Chrysler to merge.

Sat, 03 Aug 2019 12:59:34 GMT

Mazda sales in China slide 17.2% year

Japan's automaker Mazda delivered 17K cars in China in July, declining 17.2% compared with 20.5K cars delivered in the same period in the prior year ago, the company reported.

Sat, 03 Aug 2019 11:42:24 GMT

Trump, EU sign agreement to sell more US beef to Europe

The US President Donald Trump announced an agreement to sell more America's beef to Europe, while tariffs over European vehicles exports remain a possibility.

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