News

Note: This section contains information in English only.
Sat, 09 Sep 2017 19:01:55 GMT

GSAM's CEO says private investment boosts sovereign wealth funds

The CEO of Goldman Sachs Asset Management Sheila Patel said that private market investments helped to realise the potential of emerging markets, thus boosting SWF's portfolios.

Sat, 09 Sep 2017 18:59:50 GMT

Reuters: Brazil's prosecutor requests arrest of billionaire Batista

According to Reuters, Brazil's Prosecutor-General Rodrigo Janot requested on Friday the arrest of billionaire Joesley Batista and the former CEO of J&F Investimentos Ricardo Saud.

Sat, 09 Sep 2017 18:01:27 GMT

Saudi Arabia says its economic reform on track despite few adjustments

The government of Saudi Arabia informed investors on Saturday that the country's economic reform program Vision 2030 was on track in spite of few adjustments.

Sat, 09 Sep 2017 17:59:16 GMT

Macron discusses North Korea with Trump, Abe

The French President Emmanuel Macron confirmed on Saturday that he had discussed North Korea with the US President Donald Trump and the Japanese PM Shinzo Abe.

Sat, 09 Sep 2017 17:01:51 GMT

Germany's minister says EU should create standardised asylum system

The German Interior Minister Thomas de Maiziere said on Saturday that the EU should harmonise its asylum system across the region due to massive differences in standards.

Sat, 09 Sep 2017 16:59:31 GMT

AstraZeneca's chief will not sign UK government letter due to slow Brexit progress

The CEO of AstraZeneca Pascal Soriot said he could not show public support for the British government due to the slow progress of Brexit negotiations.

Sat, 09 Sep 2017 16:18:56 GMT

European countries insist on revenue tax for digital giants

Italian, Spanish, French and German Financial Ministers stated that countries want digital multinationals to be taxed on their revenues in Europe, rather than solely profits.

Sat, 09 Sep 2017 16:18:04 GMT

German Greens refuse three-way coalition

German environmentalist Greens have ruled out a three-way coalition with the pro-business FDP and Chancellor Merkel's conservatives after the upcoming Election on September 24.

Sat, 09 Sep 2017 15:09:45 GMT

Palestine to strengthen ties with Egypt

The new leader of Palestine's Islamist group Haniyeh has arrived in Cairo to hold the talks with Egypt's Senior officials to strengthen ties between two countries. 

Sat, 09 Sep 2017 15:08:56 GMT

22 people die amid hurricane Irma

The death toll rose to 22 people amid hurricane Irma that has pounded Cuba's northern coast and then reached Florida, where already millions of people have evacuated.

Sat, 09 Sep 2017 14:07:29 GMT

China to put on trial Taiwan activist for subversion

China would put on trial a Taiwanese activist suspected in state power subversion, who went missing during the visit to the mainland, but then had been detained.

Sat, 09 Sep 2017 14:04:21 GMT

Equifax faces criticism over hack, shared drop

Equifax Inc has faced criticism from cyber security experts and consumers over the hack, which could compromise 143 million Americans' personal data. Company's shares dropped 18%.

Sat, 09 Sep 2017 13:13:10 GMT

Gunmen kills staff member of Red Cross in South Sudan's ambush

The ICRC stated that one of their drivers was killed by unidentified gunmen when the convoy of nine trucks was ambushed in the Western Equatoria State, South Sudan. 

Sat, 09 Sep 2017 13:09:59 GMT

German officials find lists with 5,000 possible targets

German officials have found lists with 5,000 names of possible targets during the raids in eastern Germany in the workplaces and homes of two terrorism suspects.

Sat, 09 Sep 2017 12:23:44 GMT

Caribbean tourism industry suffers from hurricane

Hurricane Irma's deadly strike on the Caribbean has affected the multi billion Dollar tourism industry of the region, since airlines, cruises and hotels closed for the peak winter season.

Sat, 09 Sep 2017 12:04:13 GMT

Russia's Deputy Foreign Minister to meet US Shannon in Helsinki

According to the RIA news agency, Russia's Deputy Foreign Minister Ryabkov would meet the US Undersecretary of State Shannon in Helsinki on September 11-12.

Sat, 09 Sep 2017 11:11:52 GMT

Hungary should postpone additional cuts in payroll tax

According to Economy Minister Varga, Hungary should postpone the decision for further payroll tax cuts after reductions agreed with country's employers for 2017.

Sat, 09 Sep 2017 11:10:51 GMT

China to invest $9.1B in Russian Rosneft

China's conglomerate CEFC decided to purchase a 14.16% stake in Russia's Rosneft from the QIA and Glencore's consortium for $9.1B to strengthen energy partnership between Beijing and Moscow. 

Sat, 09 Sep 2017 10:30:35 GMT

US-backed Syrian militants launch operation in Deir al-Zor

According to Military Council of Deir al-Zor, US-backed Syrian militants launched the operation in the country's northern province against Islamic State.

Sat, 09 Sep 2017 10:17:58 GMT

Hurricane Irma strikes Cuba

According to the US NHC, Hurricane Irma struck Cuba's northern coast as a Category 5 storm with 160 mph winds, the most powerful hurricane classification.

Sat, 09 Sep 2017 09:07:13 GMT

Red Cross to scale up operations in Myanmar's northwest

Following the suspension of United Nations activities in the violence-riven region of Myanmar, the Red Cross is now scaling up its operations there.

Sat, 09 Sep 2017 09:06:15 GMT

Australia to help Philippines fight against IS

Late on Friday, the Australian Defence Minister Marise Payne said the country would send troops to help the Philippines battle against IS militants in Marawi.

Sat, 09 Sep 2017 08:16:11 GMT

Australia to extend Pacific Islands migrant labour programme

At the Pacific Islands Leaders Forum, the Prime Minister of Australia Malcolm Turnbull said the country would continue its Pacific Islands migrant worker programme.

Sat, 09 Sep 2017 08:13:47 GMT

US and Japan conduct air exercise over East China Sea

On Saturday, the Japanese Air Self Defence Forces revealed that the country's F-15 fighters and the US B1-B bombers had conducted drills over the East China Sea.

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