News

Note: This section contains information in English only.
Mon, 04 Feb 2019 05:39:28 GMT

China's Maoyan makes weak start in HK listing

China's largest film-ticketing platform by sales backed by Tencent, Maoyan Entertainment, plunged 2.7% in its stock debut in Hong Kong on Monday, joining the weak starts string among the Chinese tech companies IPO in a financial hub.

Mon, 04 Feb 2019 05:32:31 GMT

HMV gets last-minute bid from Sunrise Records

HMV, the British music retailer, received the last-minute bid from the Canadian group Sunrise Records, in a move to rescue it from administration, according to the Financial Times' report.

Mon, 04 Feb 2019 03:04:03 GMT

Germany to face budget deficits next years

Germany is expected to face budget shortfall of $29B by 2023, unless the country diminishes spending, when tax revenues are likely to fall, while public sector wages are set to increase.

Mon, 04 Feb 2019 02:59:12 GMT

China to cut tax for low-income workers, graduates

China is likely to introduce tax cuts for low-income workers and small businesses run by new graduates in the country's bid to increase spending and offset a slowdown in the economy.

Sun, 03 Feb 2019 20:43:32 GMT

Trump comments on US military in Iraq

The US President Donald Trump on Sunday announced in an interview that he wants the US military to remain in Iraq and the region so that it can be a deterrent to Iran.

Sun, 03 Feb 2019 20:43:23 GMT

Russia will host summit on February 14

On Sunday, Russian officials announced that the representatives of Russia, Turkey and Iran will meet in Russia on February 14.

Sun, 03 Feb 2019 20:10:47 GMT

Nissan scraps plans for production in Britain

Nissan representatives announced on Sunday that the company is cancelling plans to build new Nissan X-trail cars in the United Kingdom.

Sun, 03 Feb 2019 20:10:07 GMT

Russia objects to possible intervention in Venezuela

On Sunday, as the US President announced that the US military might intervene in Venezuela, Russian officials protested to the comments.

Sun, 03 Feb 2019 19:03:57 GMT

Egypt plans to extend presidential term

A senior Egyptian lawmaker said on Sunday that Egypt plans to extend the presidential term from four years to six years.

Sun, 03 Feb 2019 19:03:28 GMT

Norway plans to build floating tunnel

The Norwegian government plans to invest about $45 billion for the development of submerged floating tunnels.

Sun, 03 Feb 2019 18:01:49 GMT

Loiseau says EU need to change competition rules

The French European Affairs Minister Nathalie Loiseau said on Sunday that EU competition rules was absurd and needed to be improved.

Sun, 03 Feb 2019 18:00:52 GMT

Kosovo's Parliament passes 2019 budget

On Sunday, Kosovo's Parliament approved the budget of 2019 after the country's opposition party agreed to back the minority government.

Sun, 03 Feb 2019 17:01:15 GMT

Trump does not rule out sending US military to Venezuela

On Sunday, the US President Donald Trump said that sending the United States military to Venezuela was an option.

Sun, 03 Feb 2019 17:00:58 GMT

Kurz says Austria plans to recognise Guaido as interim President

Austria's Chancellor Sebastian Kurz said on Sunday that Austria would recognise Juan Guaido as Venezuela's interim president if Nicolas Maduro does not call for a presidential election.

Sun, 03 Feb 2019 16:04:29 GMT

Businessman Putman enters race to buy HMV

The owner of Canada's Sunrise Records stores Doug Putman has entered the race to buy HMV the collapsed music chain.

Sun, 03 Feb 2019 16:04:15 GMT

DUP leader Foster optimistic of backstop changes

The leader of Northern Ireland Democratic Union Party Arlene Foster said that dealing with the problem of backstop would allow the UK and the EU to move towards a Brexit deal.

Sun, 03 Feb 2019 15:02:14 GMT

Javid says UK still safe in case No-Brexit deal

The British Home Secretary Sajid Javid said on Sunday that the United Kingdom would still remain one of the safest place in the world in case of No-Brexit deal scenario.

Sun, 03 Feb 2019 15:02:03 GMT

UK's PM May determined to deliver Brexit on time

The UK Prime Minister Theresa May said on Sunday that she is determined to take the United Kingdom out of the European Union in March.

Sun, 03 Feb 2019 14:05:28 GMT

Al Ali consortiums and Al Kharafi resume Boursa Kuwait privatisation negotiations

Al Ali and Al Kharafi, the two consortiums have started negotiations with Boursa Kuwait on a privatisation scheme.

Sun, 03 Feb 2019 14:05:16 GMT

Exxon and Qatar Petroleum plan to expand LNG export facility in US

Exxon Mobil and Qatar Petroleum plan to invest $10 billion in a Liquefied Natural Gas export project in the United States.

Sun, 03 Feb 2019 13:10:38 GMT

Deutsche Bank to receive additional fund from Qatar

Bloomberg said on Sunday that Deutsche Bank would get additional investment from Qatar, citing unidentified people with knowledge of the issue.

Sun, 03 Feb 2019 13:10:28 GMT

France sets to recognise Guaido as interim president

The French European Affairs Minister Said on Sunday that France would recognise Juan Guaido, as the interim President of Venezuela if Nicolas Maduro does not call for a presidential election by Sunday.

Sun, 03 Feb 2019 12:25:42 GMT

Turkey slams Guaido supporters

The Foreign Minister of Turkey Mevlut Cavusoglu stated on Sunday that the deepening crisis in Venezuela was directly connected with the support of Juan Guaido by foreign nations.

Sun, 03 Feb 2019 12:20:10 GMT

France's Loiseau calls EU competition rules 'absurd'

The French Minister for European Affairs Nathalie Loiseau stated on Sunday that competition rules of the European Union were "absurd" and should be reconsidered.

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