News

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Mon, 09 Jul 2018 13:55:27 GMT

Macedonia expects approval from NATO

Macedonian authorities on Monday revealed that they are expecting to get the approval to start negotiations about joining NATO.

Mon, 09 Jul 2018 13:15:02 GMT

Samsung opens large phone factory

On Monday, Samsung Electronics announced that the company has opened the world's biggest phone factory.

Mon, 09 Jul 2018 13:14:28 GMT

Tesla raises car prices

Tesla have raised the prices on Model X and S in China by over $20,000. It is the first car company which has done so in the aftermath of US-China trade tensions.

Mon, 09 Jul 2018 11:49:57 GMT

Ukraine gains US assurance

The President of the United States has reassured Ukraine that he will not betray the country's interests during his meeting with the President of Russian Federation.

Mon, 09 Jul 2018 11:49:48 GMT

Nissan admits misconduct in Japan

Nissan Motor on Monday revealed that the company had measured improperly exhaust emissions and the consumption of fuel in Japan for 19 car models.

Mon, 09 Jul 2018 11:10:28 GMT

Ethiopia and Eritrea agree to restore relations

The Prime Minister of Ethiopia Abiy Ahmed and President of Eritrea Isaias Afwerki agreed on Monday to reopen embassies, resume air links and jointly build marine infrastructure.

Mon, 09 Jul 2018 11:03:50 GMT

Erdogan prepares for innaguration

The Turkish President-elect Tayyip Erdogan will sworn in today to lead the country for a new five-year term, yet this time with sufficiently enlarged powers.

Mon, 09 Jul 2018 10:13:08 GMT

May appoints new Brexit minister

The British Prime Minister Theresa May on Monday selected Dominic Raab as the new Brexit Minister instead of David Davis who resigned in protest against agreement negotiated by the government.

Mon, 09 Jul 2018 10:07:31 GMT

German military stands against budget plan

A senior official wrote in a letter on Monday that German Defence Ministry evaluates approved by Chancellor Merkel medium-term budget plan as unsatisfactory.

Mon, 09 Jul 2018 08:35:18 GMT

BOJ remains optimistic on regional Japan

The Bank of Japan kept the upbeat economic evaluation for all nine regions and the Bank's Governor was confident that inflation is likely to head toward the 2% target, suggesting that monetary policy will be unchanged.

Mon, 09 Jul 2018 08:31:54 GMT

Nissan shares fall ahead of briefing on emissions

Shares in Nissan Motor slumped nearly 5% to the lowest level in a year after the automaker stated that it is set to hold a briefing concerning procedures to measure cars exhaust gas at domestic plants.

Mon, 09 Jul 2018 07:37:35 GMT

Bank of France keeps GDP growth forecast at 0.3% in Q2

The Bank of France kept unchanged its forecast for France's gross domestic product growth of 0.3% in the second quarter and said it anticipated a rebound in business activity for July.

Mon, 09 Jul 2018 07:34:32 GMT

German exports grow throughout trade tensions in May

German exports increased by more than imports in May to widen the trade surplus, data revealed on Monday, in a sign that Europe's largest economy is still in strong form in spite of trade tensions in the US.

Mon, 09 Jul 2018 06:38:04 GMT

Indonesia CB Governor: US-China tensions to hurt GDP of some countries

Trade war between China and the United States is likely to negatively affect the economic expansion of other countries, the Indonesian Central Bank Governor stated.

Mon, 09 Jul 2018 06:35:52 GMT

Tencent to list online music businesses in US

China's internet giant Tencent Holdings stated that it was looking to spin off and list online music unit, the Chinese biggest music-streaming business, in the US.

Mon, 09 Jul 2018 05:13:01 GMT

British Steve Baker resigns

According to a government source, the British Minister at the Department for Exiting the European Union Steve Baker decided to resign along with his chief David Davis.

Mon, 09 Jul 2018 05:05:42 GMT

Oil prices up amid tight market

Crude oil prices increased by another 0.4% on Monday morning, reaching $74.09 a barrel, as investors concentrated on dense market conditions after the latest American crude inventories release, which dropped to its lowest level in three years.

Mon, 09 Jul 2018 04:18:06 GMT

Tencent wants to gain foothold in US market

Chinese Internet colossus Tencent Holdings Ltd stated on Monday that it wants to list its unit responsible for online music in the American market, making an IPO worth around $4B.

Mon, 09 Jul 2018 04:11:15 GMT

New Zealand to buy four Boeing P-8 aircraft

The Defence Minister of New Zealand Ron Mark announced on Monday a decision to acquire four Boeing P-8 aircraft worth $1.6B, using the US government as an intermediary.

Mon, 09 Jul 2018 02:59:50 GMT

China FX reserves grow unexpectedly on trade war fears

China's foreign exchange reserves rose unexpectedly in June, fuelled by changes in the value of the country's holdings and even as a concern of a trade war between the Washington and Beijing rattled markets.

Mon, 09 Jul 2018 02:54:10 GMT

Paypal to spend billions on M&A

PayPal was on the search for further acquisitions after the recent takeover of the Swedish fintech start-up iZettle for $2.2B, in the US payments firm's biggest ever deal.

Mon, 09 Jul 2018 02:34:39 GMT

Austrian, Irish PMs welcome Brexit plan

The Prime Ministers of Austria and Ireland welcomed the UK's new Brexit plan as a move forward, but stated that many questions remained to be answered in the talks ahead.

Mon, 09 Jul 2018 02:31:50 GMT

Xiaomi shares fall 2.9% on debut in Hong Kong

China's smartphone maker Xiaomi's shares dropped 2.9% on debut in Hong Kong, in a blow to investors' sentiment for the technology sector, as peers line up their own listings.

Sun, 08 Jul 2018 22:00:44 GMT

Death of UK citizen causes standoff between UK and Russia

The death of a UK citizen has caused decrease of relations between Russia and the United Kingdom, as the Novichok virus has been proved to be the cause of death.

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