News

Note: This section contains information in English only.
Mon, 02 Dec 2019 06:21:26 GMT

Oil prices up 1%

Crude oil prices rose 91 cents or 1.7% on Monday morning, reaching $56.08 a barrel, amid growth of the China's PMI from 51.7 to 51.8 in November.

Mon, 02 Dec 2019 05:08:10 GMT

Companies remain unprepared for US, China trade war

According to the DHL survey, a lot of multinational companies do not have any plan B in case th US and China fail to negotiate a trade deal.

Mon, 02 Dec 2019 03:40:33 GMT

PM of Malta steps down

On Sunday, the Prime Minister of Malta Joseph Muscat announced his resignation, which is attributed to a probe into the murder of a journalist.

Sun, 01 Dec 2019 23:50:28 GMT

EU audit reveals results of Czech PM

On Sunday, an audit of the European Commission revealed that the Prime Minister of the Czech Republic has a conflict of his interests due to his former business practices.

Sun, 01 Dec 2019 21:30:04 GMT

China wants tariffs roll back

According to the Global Times newspaper, one of the main China's goals in trade deal negotiations is removal of the US tariffs on its goods.

Sun, 01 Dec 2019 20:31:58 GMT

Trump heads to London

The US President Donald Trump is expected to arrive tomorrow in London to discuss bilateral relations with his counterpart Boris Johnson and participate in the NATO summit.

Sun, 01 Dec 2019 19:04:23 GMT

Obrador remains disappointed with economy's growth

Andres Manuel Lopez Obrador, the President of Mexico, stated on Sunday that the economic growth this year did not meet his expectations, though the inequality issue has slightly improved.

Sun, 01 Dec 2019 18:31:50 GMT

UK Carney to serve as UN envoy

The Bank of England Governor Mark Carney has been appointed as climate financial envoy of the United Nations, Antonio Guterres stated on Sunday.

Sun, 01 Dec 2019 17:38:11 GMT

S&P improves Ireland's credit rating

Standard & Poor's has improved Ireland's long-term credit rating to AA- from A+ with a stable outlook and its short-term credit rating to A-1+ from A-1.

Sun, 01 Dec 2019 16:00:21 GMT

CSRC approves new IPOs

The China Securities Regulatory Commission has approved the initial public offerings of China-Singapore Suzhou Industrial Park Development Group and Hubei Heyuan Gas Company.

Sun, 01 Dec 2019 15:13:32 GMT

Logistics sector in China expands

The Chinese logistics sector expanded 5.8% in the first 10 months of the current year, compared to the same period the prior year, the China Federation of Logistics and Purchasing reports.

Sun, 01 Dec 2019 14:02:06 GMT

PBC: China to grow 6.1% in 2020

The Chinese economy is expected to expand 6.1% in 2020 and the outlook is cautiously optimistic, a report published by the Bank of China Research Institute shows.

Sun, 01 Dec 2019 13:00:48 GMT

China manufacturing expands in November

The Chinese manufacturing sector performed better in November, compared to the previous month, data published by the National Bureau of Statistics show.

Sun, 01 Dec 2019 12:07:24 GMT

LSG cancels tomorrow's strike

The German union Verdi stated on Sunday that Lufthansa's catering unit LSG has decided to cancel a strike scheduled for tomorrow after the company made a new offer on wages.

Sun, 01 Dec 2019 10:57:27 GMT

Tesla to attract more firms to Germany

Tesla's announcement of building first EU factory near Berlin is likely to draw further firms from the electric mobility and energy storage sectors into Germany, the State Premier stated.

Sun, 01 Dec 2019 10:07:36 GMT

Mitsubishi, Nissan, Renault to form JV

According to the Kyodo News, three large automobile producers, Mitsubishi, Nissan and Renault, have agreed to form a joint venture (JV) to conduct research and development activities.

Sun, 01 Dec 2019 07:53:58 GMT

Fiat Chrysler reaches labour deal with UAW

Fiat Chrysler and the United Auto Workers union announced the tentative four-year labour deal, a boost for the automaker working to merge with France's Groupe PSA.

Sun, 01 Dec 2019 04:43:46 GMT

US online shoppers spend $7.4B on Black Friday

The US online shoppers spent $7.4B on Black Friday, rising 19.6% from the prior year, the web analytics tool Adobe Analytics showed.

Sun, 01 Dec 2019 04:13:03 GMT

UniCredit to cut stake Yapi Kredi

UniCredit agreed with Koc Holding to cut stake in the Yapi Kredi Bank to below 32% within moves to simplify shareholding structure and bolster capital.

Sun, 01 Dec 2019 03:33:43 GMT

South Korean exports plunge in November

South Korean exports in declined for the 12th month in succession in November, denting hopes for the global manufacturing sector stabilising, as China-US trade deal remained in darkness.

Sat, 30 Nov 2019 21:22:29 GMT

PBC expects 6.1% economy growth next year

The Chinese economy is expected to expand 6.1% in 2020 and the outlook is cautiously optimistic, a report published by the Bank of China Research Institute shows.

Sat, 30 Nov 2019 20:34:10 GMT

CDU wants to work with new SPD leaders

The German Christian Democrats (CDU) stated on Saturday that they would like to work with new leaders of the Social Democrats (SPD).

Sat, 30 Nov 2019 19:38:08 GMT

Fiat Chrysler makes deal with UAW

On Saturday, Fiat Chrysler Automobiles NV has finally made an agreement regarding four-year labour contract with the United Auto Workers.

Sat, 30 Nov 2019 18:28:46 GMT

Germany's Walter-Borjans calls not to rush

The incoming leader of the German Social Democrat Party (SPD) Norbert Walter-Borjans stated on Saturday that there was no need to make an immediate decision on whether to leave the coalition with Angela Merkel.

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