News

Note: This section contains information in English only.
Sat, 22 Sep 2018 15:57:41 GMT

Japan plans trade deal with US

On Saturday, Nikkei newspaper revealed that Japan is working on a bilateral trade deal with the United States.

Sat, 22 Sep 2018 15:29:17 GMT

UK expects proposals from EU

British authorities of Saturday revealed that they are expecting new Brexit proposals from Paris and Berlin.

Sat, 22 Sep 2018 15:28:35 GMT

German political coalition faces struggle

On Saturday, the future of the German Chancellor's lead political coalition was in question as the parties could not find a solution to the recent spymaster scandal.

Sat, 22 Sep 2018 14:10:34 GMT

Pakistani PM decries India

The Prime Minister of India Imran Khan on Saturday labelled Indian representatives as arrogant, as they cancelled high level bilateral talks.

Sat, 22 Sep 2018 14:10:23 GMT

Britain blames EU over Brexit process

On Saturday, diplomats from the UK announced that they will not give up in Brexit talks and urged EU to engage them with more proposals.

Sat, 22 Sep 2018 13:13:09 GMT

OPEC fails to increase production

On Saturday, data from OPEC countries revealed that OPEC and its allies failed to increase crude oil production in August.

Sat, 22 Sep 2018 13:12:23 GMT

Italian PM threatens Italian Treasury

The spokesman of the Italian Prime Minister on Saturday announced that the PM will sak Treasury officials, if they don't find funds for welfare.

Sat, 22 Sep 2018 12:28:17 GMT

Abu Dhabi hotels face 10.5% guest growth in August

The number of guests staying in the capital of the UAE, Abu Dhabi, over the month of August increased 10.5% from last year, tourism authorities of Abu Dhabi stated.

Sat, 22 Sep 2018 12:23:05 GMT

BMW to recall more than 7K veehicles in China

Germany's auto maker BMW is set to recall more than 7.8K vehicles in China due to defects with the fuel pump systems or EGR systems, the country's market regulator stated.

Sat, 22 Sep 2018 11:34:15 GMT

Turkey not looking for aid from Berlin

Turkey did not seek Germany's economic aid during talks in Berlin and the President of Turkey Tayyip Erdogan unlikely to ask for support within a meeting with Angela Merkel next week, the German FM Olaf Scholz stated.

Sat, 22 Sep 2018 11:27:37 GMT

Bank of Italy warns of increase deficit spend impact on country's debt

Any rise in deficit spending, which is unlikely to help encourage structural economic growth, could set the Italian debt on the unsustainable course, the Bank of Italy head stated.

Sat, 22 Sep 2018 10:31:20 GMT

EC sends UK new warning over €2.7B bill

The United Kingdom is expected to receive a second warning from the EC over a €2.7B charge from import fraud the European Commission was trying to recover, a senior EU official stated.

Sat, 22 Sep 2018 10:26:11 GMT

Switzerland to restrain blockchain exodus

Switzerland took steps to help blockchain businesses access the traditional financial system by simplifying corporate bank accounts opening procedure, in a bid to maintain its cryptocurrency hub's status.

Sat, 22 Sep 2018 09:31:24 GMT

Infosys to hire 1K workers in Arizona

One of the leaders in next-gen digital consulting and services Infosys announced a plan to open a tech hub and hire 1K workers in Arizona by 2023.

Sat, 22 Sep 2018 09:25:21 GMT

Denmark to increase money laundering fines

Denmark's parliamentary majority supported making fines over financial institutions, which were found guilty of money laundering, eight times larger, after the release by Danske Bank of an internal investigation's details.

Sat, 22 Sep 2018 08:06:28 GMT

India's Modi urged to resign amid corruption allegations in French jet deal

Narendra Modi, India's Prime Minister, is facing calls to resign from his post over the corruption allegations in a French deal of purchasing 36 Rafale military jets in 2016, saying he had overpaid for the planes.

Sat, 22 Sep 2018 07:56:43 GMT

Japan's PM Abe to travel to Australia's Darwin

Japan's PM Shinzo Abe is planning to travel to Australia's Darwin this November, in the first official visit by the Japanese leader since the Asian country's imperial army bombed the city at the time of the World War II.

Sat, 22 Sep 2018 07:24:14 GMT

PayPal halts business relationships with Alex Jones's Infowars

PayPal Holdings, the US payments processor, has ended its business dealings with Alex Jones's Infowars, the popular US conspiracy theorist amid discriminatory content and hate speech findings on the site.

Sat, 22 Sep 2018 07:19:21 GMT

Google CEO Pichai denies biasiing search results

Google CEO Sundar Pichai is denying the reports about the company's efforts to politically tweak Internet search results, according to Axios memo.

Sat, 22 Sep 2018 06:35:26 GMT

China inaugurates new embassy in Dominican Republic

The Chinese most senior envoy opened a new embassy on Friday in the Dominican Republic, after the Caribbean country severed all ties with the self-ruled Taiwan.

Sat, 22 Sep 2018 06:27:37 GMT

China lifts trade talks with US amid rising tariff tensions

China has decided not to send its Vice Premier Liu He to Washington for trade talks scheduled for the next week, as the tariffs threats escalate, the Wall Street Journal said on Saturday.

Sat, 22 Sep 2018 05:38:57 GMT

Shanghai Electric halts talks over Eletrosul Brazil's projects buy

Shanghai Electric Group has halted the talks to acquire Eletrosul Brazil's power transmissions projects, not disclosing the reasons of the failed deal, according to the market filing.

Sat, 22 Sep 2018 05:34:36 GMT

Malaysian Axiata's unit works on acquisitions worth over $900M

A tower unit of the Malaysia telecoms company Axiata Group is seeking for acquisition deals worth more than $900M, which the firm aims to compete within this year, its CEO stated.

Sat, 22 Sep 2018 03:03:10 GMT

US taps Lerrick as executive director of IMF

On Friday, the Financial Times reported that the US President Donald Trump's administration has tapped the US Treasury official Adam Lerrick to serve as the US executive director of IMF.

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