News

Note: This section contains information in English only.
Mon, 28 Jan 2019 05:35:37 GMT

China's BAIC, Didi form JV over NEV and AI projects

China's Didi Chuxing and a unit of the stated-held firm BAIC, Beijing Electric Vehicle, have established a joint venture to launch their work on artificial intelligence and new energy vehicle projects.

Mon, 28 Jan 2019 05:27:05 GMT

MoneyGram explores strategic alternatives for firm

MoneyGram International is exploring strategic options, including the money transfer firm's sale, a year after the US government rejected its $1.2B sale to China's company Ant Financial.

Mon, 28 Jan 2019 04:26:49 GMT

Saudi Aramco to pay $1.6B for stake in Hyundai Oilbank

State-owned Saudi Aramco announced plans to buy up to 19.9% stake of South Korea's refiner Hyundai Oilbank for $1.61B, driving up the parent's Hyundai Heavy Industries' shares 6.6%.

Mon, 28 Jan 2019 03:16:13 GMT

Zuckerberg to integrate Instaram, WhatsApp, Facebook Messenger

Facebook CEO Mark Zuckerberg is set to unify messaging infrastructure of Instagram, WhatsApp and Facebook Messengers' services and incorporate end-to-end encryption into these applications.

Mon, 28 Jan 2019 03:05:27 GMT

Excluding Huawei to hurt development of 5G network

China's envoy to the EU warned that excluding the Chinese technology group Huawei is likely to hamper 5G mobile networks, the Financial Times stated.

Mon, 28 Jan 2019 03:01:17 GMT

China's industrial profits slump on weak demand in December

Earnings at China's industrial companies shrank for the second month in succession in December over slowing prices and sluggish manufacturing activity.

Sun, 27 Jan 2019 21:25:01 GMT

US lifts sanctions from three Russian firms

On Sunday, the US Treasury Department lifted sanctions from three companies related to Russian businessman Oleg Deripaska EuroSibEnergo, EN+ Group Plc and Rusal.

Sun, 27 Jan 2019 21:16:05 GMT

Macron starts three-day trip to Egypt

The President of France Emmanuel Macron began on Sunday an official visit to Egypt to discuss bilateral relations and prospects of investments in national economies.

Sun, 27 Jan 2019 20:19:42 GMT

Israel recognizes Guaido

The Prime Minister of Israel Benjamin Netanyahu stated on Sunday that his government recognized Juan Guaido as the new leader of Venezuela.

Sun, 27 Jan 2019 20:17:42 GMT

UN calls for peace resolution of situation in Venezuela

The UN Under Secretary-General for Political and Peacebuilding Affairs Rosemary DiCarlo called Venezuelan authorities and opposition to immediately start political dialogue in order to avoid possible violance and end the crisis as fast as possible.

Sun, 27 Jan 2019 18:43:39 GMT

Tesco might cut jobs

On Sunday, a report by Reuters revealed that Tesco might cut thousands of fresh food counter jobs.

Sun, 27 Jan 2019 18:43:10 GMT

British officials scold Iraqi economy

On Sunday, the British foreign office minister to the Middle East announced that Iraq has to stop its reliance in economic matters on Iran.

Sun, 27 Jan 2019 18:29:53 GMT

US government agencies resume work

On Sunday, US government workers that were affected by the government shutdown were preparing to return back to work, as the agencies have resumed their work.

Sun, 27 Jan 2019 18:29:17 GMT

Climate Investment Funds will issue new bond

The Climate Investment Funds are planning to raise $500 million by issuing a new bond during the next two years.

Sun, 27 Jan 2019 16:51:10 GMT

Britain can enact martial law due to Brexit

During an interview on BBC a British Minister announced that the United Kingdom might enact martial law due to a no-deal Brexit.

Sun, 27 Jan 2019 16:50:41 GMT

Tunisian PM leads new party

On Sunday, the Prime Minister of Tunisia announced that the government of the country has established a new party named Long Live Tunisia.

Sun, 27 Jan 2019 16:27:00 GMT

Brazil freezes $1.3 billion of Vale SA assets

A top state court of Brazil on Sunday blocked nearly $1.3 billion USD of Vale SA assets in an effort to pay for damages that might result from a dam burst caused by the company.

Sun, 27 Jan 2019 16:26:06 GMT

Israel recognizes Guaido as President of Venezuela

On Sunday, officials of Israel recognized Juan Guaido as the President of Venezuela. The decision came among the US call to pick sides in the conflict that is raging in Venezuela.

Sun, 27 Jan 2019 14:43:29 GMT

Maduro responds to protests

The President of Venezuela Nicolas Maduro on Sunday announce that he is ready to talk with the protesters. Although, he denounced the calls for a new presidential election.

Sun, 27 Jan 2019 14:42:33 GMT

Head of Dutch central bank comments on European economy

On Sunday, the President of the central bank of Netherlands announced that the European economy is doing well despite trade war worries.

Sun, 27 Jan 2019 14:25:58 GMT

Yellow vests continue protests in Paris

The yellow vest protesters in Paris have continued to riot on Sunday, as sporadic clashes with the police continued.

Sun, 27 Jan 2019 14:25:28 GMT

Dam burst risk causes evacuations in Brazil

On Sunday, it was announced that local authorities in Brazil have called for the evacuation of nearly 24,000 people due to a possible incoming dam burst.

Sun, 27 Jan 2019 13:23:47 GMT

Klot believes EU economy is solid

The head of Netherlands' Central Bank Klaas Knot stated on Sunday that economy of the European Union was "very much okay" despite escalating trade war between China and the US.

Sun, 27 Jan 2019 13:20:49 GMT

Nigeria denies criticism over Chief Justice suspension

The Nigerian government on Sunday denied all concerns of the European Union, Britain and the United States regarding suspension of the country's Chief Justice Walter Onnoghen.

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