News

Note: This section contains information in English only.
Mon, 22 Oct 2018 02:52:04 GMT

China's banking regulator: risks are fully controllable

On Monday, China Securities Journal reported that the insurance and banking regulator of China claimed that country's financial risks are under control of the ruling body. 

Mon, 22 Oct 2018 02:51:48 GMT

US fintech startup Marqeta launches in Europe

On Sunday, US-based startup Marqeta, backed by Visa Inc and Goldman Sachs Group Inc, helping small companies to issue payment cards, has launched in Europe locating its European office in London.

Mon, 22 Oct 2018 02:39:05 GMT

Bombardier sues Mitsubishi because of trade secrets leak

On Sunday, Canadian plane maker Bombardier claimed that it has sued the aircraft division of the Japanese Mitsubishi Heavy Industries Ltd because of the trade secrets leak which helped Mitsubishi to develop its jet.

Mon, 22 Oct 2018 02:35:24 GMT

CBS interim chairman resigns because of health issues

On Sunday, CBS Corp claimed that its interim chairman Richard Parsons resigned from his post because of the health issues after one month of joining the board.

Sun, 21 Oct 2018 20:26:55 GMT

Russian officials criticize US withdrawal from INF Treaty

Several Russian officials, including the Deputy Foreign Minister Sergei Ryabkov, criticized on Saturday the US withdrawal from the Intermediate-Range Nuclear Forces (INF) Treaty, saying that international community would condemn this decision.

Sun, 21 Oct 2018 20:20:27 GMT

Bolsonaro to use army for street patrols

The Brazilian presidential frontrunner Jair Bolsonaro stated on Sunday that if the Congress allowed he would use military for street patrols, because the country is "at war".

Sun, 21 Oct 2018 19:26:05 GMT

Turkey to share whole truth about Khashoggi's murder

The President of Turkey Recep Tayyip Erdogan stated on Sunday that this Tuesday Turkey will present the world the whole truth about the murder of Jamal Khashoggi in Saudi Arabia consulate in Istanbul.

Sun, 21 Oct 2018 19:21:30 GMT

Bombardier files claim against Mitsubishi

Canadian plane producer Bombardier has filed a lawsuit against the aviation unit of Mitsubishi Heavy Industries, claiming that a number of Bombardier's ex-employees disclosed trade secrets to help the latter with its regional jet project.

Sun, 21 Oct 2018 18:07:41 GMT

Merkel temporary prohibits any arms sales to Saudi

The German Chancellor Angela Merkel stated on Sunday that there would be no weapon sales to Saudi Arabia until the end of investigation of Jamal Khashoggi death.

Sun, 21 Oct 2018 18:05:30 GMT

Italy anticipates EU decision on its budget

According to a source familiar with the matter, this Tuesday for the first time in history the European Commission would ask the Member State's government to amend its draft budget.

Sun, 21 Oct 2018 17:09:03 GMT

Saudi still collect information on Khashoggi death

The Foreign Minister of Saudi Arabia Adel al-Jubeir stated on Sunday that the country's officials did not possess enough information to say with confidence how Jamal Khashoggi was assassinated.

Sun, 21 Oct 2018 17:05:21 GMT

Jordan refuses to renew border treaty with Israel

According to the Petra news agency, Jordan has no plans to extend peace treaty with Israel, which presupposes that the latter is allowed to use two pieces of territory in border areas.

Sun, 21 Oct 2018 16:12:30 GMT

Moscow warns of retaliation about US exit from nuclear treaty

On Sunday, the Russian Deputy Foreign Minister Sergei Ryabkov said that the United States withdrawal from the nuclear treaty could lead to a military-technical retaliation.

Sun, 21 Oct 2018 16:12:13 GMT

Gorbachev says US exiting nuclear treaty is a mistake

On Sunday, the former Soviet Union leader Mikhail Gorbachev said that the United States plans to exit from the nuclear arms deal was a mistake.

Sun, 21 Oct 2018 14:57:53 GMT

Iran appoints new Economy Finance Minister

On Sunday, the Iranian President Hassan Rouhani announced the appointment of academic Farhad Dejpasand as the country's new Economy Finance Minister.

Sun, 21 Oct 2018 14:57:27 GMT

Thousands of migrants trap at Guatemala-Mexico border

On Saturday, thousands of migrants from the Central American, running away from violence and poverty, are trapped in the Guatemalan-Mexican border.

Sun, 21 Oct 2018 14:07:03 GMT

Raab says Saudi explanation of Khashoggi death is not acceptable

On Sunday, The UK Brexit Minister Dominic Raab said that Saudi Arabia's explanation about the death of Jamal Khashoggi at its embassy in Istanbul is not acceptable.

Sun, 21 Oct 2018 14:06:53 GMT

Boursa Kuwait's turnover declines on Sunday

The indices of Kuwait Finance House Boursa fell at the end of Sunday's trading session, as All-Share Market plunged by 0.13%.

Sun, 21 Oct 2018 13:12:25 GMT

UK is open-minded about extending post-Brexit transition

On Sunday, The UK Brexit Minister Dominic Raab said that Britain is open-minded about prolonging the post-Brexit transition period.

Sun, 21 Oct 2018 13:10:08 GMT

Trump and EU leaders ask for more answers about Khashoggi death

On Saturday, the US President Donald Trump joined with the European Union leaders in calling for Saudi Arabia to provide more answers about journalist's Jamal Khashoggi death.

Sun, 21 Oct 2018 12:19:39 GMT

German politicians urge Kaeser not to attend FII

Several senior German politicians urged the CEO of Siemens Joe Kaeser not to participate in Saudi Arabia's Future Investment Initiative (FII) summit amid Khashoggi's assasination.

Sun, 21 Oct 2018 12:14:00 GMT

Barnier insists on border checks for Ireland

On Sunday, the EU Chief Brexit Negotiator Michel Barnier insisted that there must be a verification of goods coming from Britain to Northern Ireland after Brexit.

Sun, 21 Oct 2018 11:20:55 GMT

MUFG's Mike refuses to attend Saudi summit

Due to recent developments in the Khashoggi case the Mitsubishi UFJ Financial Group (MUFG) Bank Deputy President Eiichi Yoshikawa will the one who will represent the company at the Future Investment Initiative in Saudi Arabia.

Sun, 21 Oct 2018 11:16:50 GMT

Mnuchin refuses to comment on any sanctions against Saudi

The US Treasury Secretary Steven Mnuchin stated on Sunday that it was prematurely to talk about imposition of any kind of sanctions against Saudi Arabia before the end of investigation of Khashoggi case.

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