News

Note: This section contains information in English only.
Sun, 25 Nov 2018 09:39:26 GMT

Morrisons, Asda and Sainsbury's trim diesel and petrol prices

Morrisons, Asda and Sainsbury's have reduced their prices on diesel and petrol at the British filling stations, as the wholesale costs keep keep falling, the companies announced.

Sun, 25 Nov 2018 08:20:17 GMT

Chinese building material sector expands steadily

The production of the Chinese building material sector expanded 3.1% year-on-year in the first nine-month period with increasing profitability, official data revealed.

Sun, 25 Nov 2018 08:14:22 GMT

Iran-Russia trade at $945M in H1

Trade value between Russia and Iran stood at $945M over the first half of this year, a 28.3% increase compare with the same period last year.

Sun, 25 Nov 2018 07:19:34 GMT

Chinese passenger vehicle sales fall in October

Chinese passenger vehicle sales were seen at 2.05M units in October, down 0.6% from September and a drop of 12.9% from the same month in the prior year, industry data revealed.

Sun, 25 Nov 2018 07:16:19 GMT

EU, Italy to work to bring positions on 2019 budget closer

The European Commission and Italy are likely to work to bring closer their viws on Italy's draft budget for 2019, which the EU executive stated breaks EU laws by not diminishing the country's public debt.

Sun, 25 Nov 2018 06:10:45 GMT

MPs launch probe into IT failures in financial services sector

The US Treasury Committee launched an official investigation into IT failures that took place in the sector of financial services lately, after millions of customers had been locked out of the high street banks, such as Barclays, RBS and TSB.

Sun, 25 Nov 2018 06:00:06 GMT

Mediaset plans expansion of radio business in Spain

Mediaset, the radio unit of the Italian largest commercial broadcaster, is planning expansion at the Spanish market, saying it has already entered talks with one of its potential partners.

Sun, 25 Nov 2018 05:38:36 GMT

Two foreign financial institutions gets China's market access

China has granted its market access to two other foreign financial institutions, which can now set up their local subsidiaries, a Chinese insurance and banking regulator stated on Sunday, raising the number of approvals to twelve in total.

Sun, 25 Nov 2018 05:31:21 GMT

China's economic growth likely to drop to 6.3% next year

China's economic expansion is seen slowing to 6.3% in 2019, after hitting 6.6% this year, as the country is facing challenges on structural reform and trade, according to a Beijing Renmin University economists' report.

Sun, 25 Nov 2018 03:51:31 GMT

China's BYD puts plans for Canada plant on hold

China's automaker BYD suspended its plans to launch its first Canada's electric truck plant; however, hopes to resume the project as soon as the EV manufacturer views a business case, one of its executives stated.

Sun, 25 Nov 2018 03:51:19 GMT

Russian firms stay committed to planned 2019 IPO plans

Russian firms still remain committed to the stock market listings planned for the next year, despite the country had the worst year in a decade for equity sales, bankers and sources said.

Sun, 25 Nov 2018 03:29:56 GMT

Kuehne & Nagel seeks talks with Panalpina over takeover deal

Kuehne & Nagel, the Swiss logistics group, is ready to enter talks with Panalpina over potential acquisition of its smaller competitor, the CEO Detlef Trefzger said to the Finanz & Wirtschaft newspaper.

Sun, 25 Nov 2018 03:25:49 GMT

ABB's Power Grids signs deals to supply products in China

ABB's Power Grids business unit signed deals, potentially worth $1.9B, to supply the Chinese utility companies with its power transmission equipment, a source familiar with the deal reported.

Sat, 24 Nov 2018 20:59:51 GMT

Sechin rebukes Maduro over oil shipments

Igor Sechin, the head of Russian oil company Rosneft, has rebuked the Venezuelan President Nicolas Maduro over the delay of oil shipments, meant to repay loans.

Sat, 24 Nov 2018 20:59:39 GMT

Mexico supports Trump's plan to change asylum rules

Incoming Mexico's government has agreed to support the US President Donald Trump administration's plan to overhaul asylum rules.

Sat, 24 Nov 2018 20:21:05 GMT

Business growth in Eurozone hits 4-year low level

According to a survey reported on Friday, Business growth in the Eurozone retraced back in November to its lowest rate in almost four years.

Sat, 24 Nov 2018 20:19:59 GMT

Brazil's authorities indict former Brazilian President

On Saturday, Brazil's authorities indicted the former Brazilian President Luiz Inacio Lula da Silva in a new bribery case.

Sat, 24 Nov 2018 19:06:51 GMT

May vows to always stand by Gibraltar

On Saturday, the British Prime Minister Theresa May promised that the UK would always stand by Gibraltar after Britain leaves the European Union.

Sat, 24 Nov 2018 19:06:42 GMT

UK and Spain reach deal over Gibraltar, clearing way for Brexit summit

The United Kingdom and Spain have reached an agreement over the status of Gibraltar after the UK leaves the European Union, clearing the way for Brexit summit on Sunday.

Sat, 24 Nov 2018 18:17:30 GMT

Taiwan President Ing-wen resigns as party chairwoman

On Saturday, Taiwan President Tsai Ing-wen resigned as the chairperson of the Democratic Progressive Party after local election setback.

Sat, 24 Nov 2018 18:16:38 GMT

Judge rejects Trump Foundation request to dismiss lawsuit

A judge in New York has rejected the Trump Organisation request to dismiss a lawsuit filed in the state, claiming that the foundation was involved in self-dealing and misuse of the charity assets.

Sat, 24 Nov 2018 17:21:56 GMT

Japan to hold World Expo 2025

On Friday, the Bureau International des Expositions (BIE) selected Japan as the host country of the World Expo 2025, thus defeating Russia and Azerbaijan who took second and third place respectively.

Sat, 24 Nov 2018 17:17:05 GMT

DUP criticizes Brexit deal

On Saturday, the Democratic Unionist Party (DUP) held an annual meeting, in which the Deputy Leader Nigel Dodds highlighted that acceptance of Theresa May's deal would make the UK weak and dependent.

Sat, 24 Nov 2018 16:12:46 GMT

Tusk calls to approve Brexit deal

The President of the European Council Donald Tusk on Saturday called members of the European Union to approve the deal on Brexit negotiated with the UK Prime Minister Theresa May.

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