News

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Sat, 20 Oct 2018 12:57:48 GMT

Greek PM Tsipras welcomes Macedonia name change

On Saturday, Greek Prime Minister Alexis Tsipras welcomed Macedonia name change, which was approved by the country's parliament.

Sat, 20 Oct 2018 12:10:04 GMT

Tsipras says EU has approved Greece new budget

The Prime Minister of Greece Alexis Tsipras announced on Saturday that the European Union Commission has given green light to the country's draft budget without requirements of pension cuts.

Sat, 20 Oct 2018 12:06:25 GMT

Italy to leave 2019 deficit goal unchanged

The Deputy Prime Minister of Italy Luigi Di Maio stated on Saturday that the government had no plans to change its 2.4% budget deficit goal for 2019.

Sat, 20 Oct 2018 11:23:52 GMT

China to continue opening up its economy

On Saturday, the Chinese Premier Li Keqiang told European and Asian leaders in Brussels that the government was determined to continue reforms, enhance business environment and opening up the country's economy.

Sat, 20 Oct 2018 11:19:43 GMT

Italy promises not to leave Euro Zone

The Italian European Affairs Minister Paolo Savona stated on Saturday that Italy's is debt is absolutely solvent and added that the country would never voluntarily choose to leave the Euro Zone.

Sat, 20 Oct 2018 10:14:25 GMT

Australia refuses to participate in Saudi summit

The Foreign and Trade Minister of Australia Marise Payne and Simon Birmingham stated on Saturday that their country could not participate in the Saudi Arabia's Future Investment Initiative because of Khashoggi case.

Sat, 20 Oct 2018 10:10:14 GMT

Australia's government loses majority in parliament

According to Saturday election results, the Australian Prime Minister Scott Morrison's center-right government is going to lose an absolute majority in the country's parliament.

Sat, 20 Oct 2018 09:14:30 GMT

BOJ Amamiya questions benefits of digital currencies

The Bank of Japan Deputy Governor Masayoshi Amamiya stated on Saturday that a positive effect of introduction of digital currencies on the country's monetary policy is doubtful.

Sat, 20 Oct 2018 09:09:45 GMT

Greece expects historic deal with Macedonia

The Prime Minister of Greece Alexis Tsipras noted on Saturday that Macedonia legislators' approval of a proposal to alter the country's name provided an opportunity for a historical bilateral deal.

Sat, 20 Oct 2018 07:51:33 GMT

UBS asks staff to reconsider China travel

UBS Group AG has warned its China wealth management employee to reconsider their plans to travel to China after the Chinese authorities asked one of its staff to delay her flight from Beijing.

Sat, 20 Oct 2018 07:51:09 GMT

Wall Street on edge, as investors look to tech trio

The pressure is on Microsoft, Alphabet and Amazon as they prepare to report quarterly results.

Sat, 20 Oct 2018 07:17:37 GMT

Oil edges higher on signs of China's demand

Oil prices edged higher on Friday on indications of increasing demand in China, the world's second-largest oil consumer.

Sat, 20 Oct 2018 07:17:18 GMT

Canada's government gives Lockheed Martin chance to bid on warships design

The Canadian government said that Lockheed Martin Corp would be allowed to bid on a deal to design warships that could cost Canada about $46 billion.

Sat, 20 Oct 2018 06:28:38 GMT

BOE's Carney says Federal Reserve is raising rates for good reasons

The Governor of Bank of England Mark Carney thinks that the US Federal Reserve is hiking interest rates because of the strength of the US economy.

Sat, 20 Oct 2018 06:27:09 GMT

May plans to drop Brexit demand on Irish border

The UK Prime Minister Theresa May said that she is ready to drop her Brexit demand on Irish border and agree to a fall back arrangement, which does not have a deadline.

Sat, 20 Oct 2018 05:46:40 GMT

Poland to appeal against EU court orders

The leader of Law and Justice (PiS) party Jaroslaw Kaczynski said that Poland will appeal against an order by the European Union's Court of Justice to stop an overhaul of Poland's Supreme Court.

Sat, 20 Oct 2018 05:46:01 GMT

ECJ orders halt to Poland's judicial overhaul

The European Union Court of Justice has ordered Poland to suspend and reinstate the country's Supreme Court judges who were forced into early retirement.

Sat, 20 Oct 2018 04:30:46 GMT

UK's PM May is confident to clinch a Brexit deal this autumn

British Prime Minister Theresa May said that Brussels and London are planning to reach the Brexit deal by the end of 2018.

Sat, 20 Oct 2018 04:29:58 GMT

British PM May convinces business leaders of EU commitment

The UK Prime Minister Theresa May has reassured business leaders that the United Kingdom and the European Union are committed to reaching the Brexit agreement.

Sat, 20 Oct 2018 04:23:05 GMT

UK's PM May is confident to clinch a Brexit deal this autumn

British Prime Minister Theresa May said that Brussels and London are planning to reach the Brexit deal by the end of 2018.

Fri, 19 Oct 2018 15:18:55 GMT

Airbus executive to skip Saudi Business Initiative Summit

On Friday, Airbus said that its defence chief Dirk Hoke has cancelled his plans to attend the next week's Investment conference in Saudi Arabia, following the disappearance of journalist Jamal Khashoggi.

Fri, 19 Oct 2018 15:16:41 GMT

Deutsche Bank's CEO Sewing pulls out from Saudi conference

On Friday, Deutsche Bank's CEO Christian Sewing said he will not attend the Saudi Arabia Investment conference amid concern about the whereabouts of journalist Jamal Khashoggi.

Fri, 19 Oct 2018 14:29:50 GMT

Dutch billionaire Boekhoorn to buy Lion Capital's HEMA

Lion Capital is selling its Dutch retailer chain HEMA for an undisclosed amount to the investment company Ramphastos Investments led by the Dutch billionaire Marcel Boekhoorn.

Fri, 19 Oct 2018 13:57:11 GMT

Bouygues shares drop on company's profit warning

On Friday, Bouygues' shares plunged as much as 6.8% after the French company had reduced its annual operating profit estimates due to some difficulties at the construction businesses in the Q3.

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