News

Note: This section contains information in English only.
Tue, 01 May 2018 10:03:33 GMT

UK welcomes Trump decision on tariffs

The UK Trade Minister Liam Fox welcomed on Tuesday the US President Donald Trump's decision to prolong an interim exemption on aluminium and steel tariffs for British companies.

Tue, 01 May 2018 09:11:31 GMT

British consumers' borrowing slows in March

According to report published by the Bank of England on Tuesday morning, the value of credits issued to British consumers has decreased to £4.2B from £5.5B.

Tue, 01 May 2018 09:05:01 GMT

Fed likely to leave interest rates unchanged

According to experts' opinion, the US Federal Reserve will not raise interest rates on Wednesday postponing this decision until next policy meeting in June.

Tue, 01 May 2018 08:09:27 GMT

EU says postponing steel, aluminium tariffs hurts business

The European Commission noted on Tuesday that the US decision to postpone aluminium and steel tariffs aimed at the EU increased business uncertainty.

Tue, 01 May 2018 08:03:13 GMT

Euro weakened by disappointing economic data

The Euro weakened to a three-month low early on Tuesday, as the Euro zone sentiment was impaired by sluggish economic data released during the previous session.

Tue, 01 May 2018 07:20:03 GMT

BP's profit surges in Q1Y2018

The British oil and gas company BP reported on Tuesday a 71% surge in its profit during the first quarter of 2018, boosted by higher gas and oil prices and increased production output.

Tue, 01 May 2018 07:14:29 GMT

Analysts expect unchanged Fed monetary policy

According to economic forecasts, the Fed is expected keep interest rates unchanged this week, but is likely to hike them in June due to low unemployment and raising inflation.

Tue, 01 May 2018 06:14:45 GMT

Boeing concludes agreement to purchase KLX for $4.25B

Boeing confirmed on Tuesday that it has finalised an agreement to purchase the aerospace parts distributor KLX Inc and its debt for $4.25B.

Tue, 01 May 2018 06:08:12 GMT

US Dollar remains steady on Tuesday

The US Dollar remained steady near its four-month highs on Tuesday, as traders remained cautious before the Fed policy decision and the US employment data later in the week.

Tue, 01 May 2018 05:17:54 GMT

HNA calls off bid for SkyBridge Capital due to regulatory constraints

The Chinese conglomerate HNA Group has called off its bid to purchase the US-based hedge fund investment company SkyBridge Capital due to resistance from US regulators.

Tue, 01 May 2018 05:11:34 GMT

RBA leaves key interest rate at 1.50%

The Reserve Bank of Australia decided to leave the cash rate at 1.50% during its meeting on Tuesday in order to maintain sustainable growth and reach the previously-set inflation target.

Tue, 01 May 2018 02:55:44 GMT

South Korean exports decline for first time in 1.5 years

South Korea's exports decreased for the first time in a year and a half in April, adding to concerns about the trade outlook due to the risk of US-China trade conflict's deepening.

Tue, 01 May 2018 02:54:59 GMT

Australia's home prices decrease for seventh month in April

Australian property prices declined for a seventh month in succession in April, with a lingering decline in Melbourne and Sydney.

Tue, 01 May 2018 02:34:16 GMT

Japan factory PMI shows domestic bounce in April

Japan's manufacturing activity grew at the strongest pace in April, a revised survey revealed, as new orders increased, indicating the economy's recovery.

Tue, 01 May 2018 02:30:48 GMT

Trump puts off decision on metal tariffs for EU, Canada, Mexico

The US President Donald Trump decided to postpone the imposition of aluminium and steel tariffs on the EU, Canada and Mexico.

Mon, 30 Apr 2018 20:34:02 GMT

Trump, Macron discuss Iran, Syria on Monday

The Presidents of France and the US, Emmanuel Macron and Donald Trump, held a discussion over Iran and Syria on Monday, focusing on the future of the 2015 international pact on limiting Iran's nuclear usage.

Mon, 30 Apr 2018 20:28:17 GMT

US tech fund Andra attracts $500M for new digital currency

The US technology fund Andra Capital raised $500M for its new digital coin that investors might use to support a group of late-stage VC firms.

Mon, 30 Apr 2018 19:31:38 GMT

Russians express outrage over Telegram ban

Thousands of Russians staged out protest in Moscow on Monday, throwing paper planes and urging the authorities to unblock Telegram, Russia's popular messaging app.

Mon, 30 Apr 2018 19:26:51 GMT

Disney to create new content for Twitter

Walt Disney is planning to create news, live sports and entertainment content specifically for Twitter social media service, two companies confirmed on Monday.

Mon, 30 Apr 2018 18:15:43 GMT

Canada's PM says US tariffs on aluminum and steel is a bad idea

Prime Minister Justin Trudeau on Monday stated that any move by the US to enforce tariffs on Canadian aluminum and steel would suspend trade between both nations.

Mon, 30 Apr 2018 18:03:20 GMT

Iran lied regarding not pursuing nuclear guns

Israeli Prime Minister Benjamin Netanyahu said that after Iran signed a deal with world powers in 2015, it had continued to maintain and expand its knowledge about nuclear weapons.

Mon, 30 Apr 2018 17:22:19 GMT

US coalition calls end of major activities against Islamic State

US led coalition called on Monday the conclusion of biggest battlefield operations in Iraq by declaring the "deactivation" of their ground forces command headquarters.

Mon, 30 Apr 2018 17:06:40 GMT

Oil climbs as after Israel sets statement on Iran deal

Oil price stepped up on Monday, bouncing off initial losses after Israeli Prime Minister stated that he would create an announcement regarding their and Iran's nuclear deal.

Mon, 30 Apr 2018 16:15:11 GMT

Publishers blame Google's understanding of EU privacy legislation

Google is pushing media companies that generate income from its marketing and advertising services to accept unfair requirements under a new EU privacy regulation.

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