News

Note: This section contains information in English only.
Wed, 17 Oct 2018 18:15:51 GMT

British Raab: Brexit agreement will need approval from the parliament

On Wednesday, British Brexit minister Dominic Raab claimed that any Brexit agreement which could be reached between the UK and the EU will need an unequivocal approval by the parliament. 

Wed, 17 Oct 2018 17:38:05 GMT

EU's Barnier: more time is needed to reach Brexit deal

On Wednesday, EU's chief Brexit negotiator Michel Barnier claimed that much more is needed to finalise Brexit deal between the UK and the EU and added that a work on the agreement will be done patiently and calmly.

Wed, 17 Oct 2018 17:34:06 GMT

Pfizer to cut 2% employees

On Wednesday, US pharmaceutical giant Pfizer claimed that it is planning to reduce its workforce by 2% through layoffs and voluntary retirements at the end of this year and at the beginning of the next year.

Wed, 17 Oct 2018 16:08:04 GMT

May to address EU leaders on Wednesday

The UK Prime Minister Theresa May will address European Union leaders in Brussels on Wednesday, as Brexit discussions stalled at the weekend.

Wed, 17 Oct 2018 16:03:59 GMT

US consumer confidence increases

According to a report, released on Wednesday by a global outplacement and executive coaching firm, showed that US consumer confidence is at its highest level in almost two decades.

Wed, 17 Oct 2018 15:11:11 GMT

UK's opposition party says Britain should consider sanctions on Saudi Arabia

On Wednesday, the Labour party spokesman John McDonnell said that Britain should consider sanctions on Saudi Arabia if there are no legitimate answers over the whereabouts of journalist Jamal Khashoggi.

Wed, 17 Oct 2018 15:07:48 GMT

Wall Street declines on IBM's results

US stocks edged lower on Wednesday, as investors were disappointed with the results of IBM's quarterly revenue.

Wed, 17 Oct 2018 14:26:04 GMT

Greece's PM approves Foreign Minister's resignation

Alexis Tsipras, the Greek Prime Minister, has approved the Foreign Minister Nikos Kotzias's resignation this Wednesday, saying he would take over the portfolio on foreign affairs himself.

Wed, 17 Oct 2018 14:21:20 GMT

Germany postpones decision on planned visit to Saudi conference

The German Foreign Minister Heiko Maas has delayed his decision on the ministerial planned trip to Saudi Arabia for the investment conference until Riyadh provides more clarity over missing journalist.

Wed, 17 Oct 2018 13:25:36 GMT

Siemens likely to share Iraqi power contract with rival GE

Siemens is most likely to share its Iraq's power contract worth billions of dollars with its US rival General Electric to boost Iraqi energy supply system, according to the FT report.

Wed, 17 Oct 2018 13:16:35 GMT

Boeing clinches maintenance deals with Lufthansa, El Al Airlines

Boeing has signed a two-year-long maintenance contract with the Israeli carrier El Al Airlines and supplemented the existing deal with Germany's Lufthansa, seeking to bolster its after-sales business.

Wed, 17 Oct 2018 12:30:46 GMT

Tesla signs deal with Shanghai to build first Gigafactory overseas

Tesla has secured the deal with Shanghai for the 860K m2 site to construct its first Gigafactory overseas, the electric automaker told China's social media on Wednesday.

Wed, 17 Oct 2018 12:24:38 GMT

InMobi acquires mobile advertising firm from Sprint

InMobi, the technology for marketers provider, said on Wednesday it had acquired an advertising and mobile data unit created in 2012 by Sprint Corp in the all-stock deal, not providing the financial details.

Wed, 17 Oct 2018 11:39:54 GMT

President of Maldives set to step down after term-end

On Wednesday, the Maldives' President Abdulla Yameen stated he would step down after the end of his term, having no regrets or reservations on any of decisions he had made.

Wed, 17 Oct 2018 11:35:24 GMT

Netflix shares soar on subscriber growth report

Netflis shares surged 11% on Wednesday, following the company's report about a record growth to 7M in the number of its subscribers within the last three months.

Wed, 17 Oct 2018 09:57:57 GMT

China's HBIS wants new order in global trade

The head of the second largest Chinese steelmaker HBIS has announced that a new world order has to be made in global markets to avoid protectionism.

Wed, 17 Oct 2018 09:57:30 GMT

Danske Bank drops CEO candidate

On Wednesday, regulators rejected the Danske Bank's new CEO candidate, which was subsequently denied the position by Danske Bank.

Wed, 17 Oct 2018 09:38:39 GMT

SocGen CEO drops plans to attend Saudi investor conference

The Societe Generale CEO has decided to cancel his plans to attend the Saudi Arabian investor conference amid rising concerns over the missing journalist.

Wed, 17 Oct 2018 09:32:32 GMT

Spain decides to ban Berkeley's uranium mine project

The Spanish authorities has made a decision to block the European uranium mine project led by Australia's mining group Berkeley Energia, which could be the only EU open-cast uranium mine close to Salamanca.

Wed, 17 Oct 2018 08:28:37 GMT

China's Baidu joins US AI ethics group

China's search engine Baidu has joined the US-led artificial intelligence ethics group on the back of rising tensions between Washington and Beijing, becoming the first Chinese firm to do so.

Wed, 17 Oct 2018 08:22:45 GMT

Netflix dispels WS worries with record subscriber growth

Netflix reported its new streaming subscriber growth surged to 7M in the last three months, starting from July, which is a third more the forecasts provided by Wall Street.

Wed, 17 Oct 2018 07:35:36 GMT

Grupo Coppel delays IPO in Mexico

The Mexican lender and retailer Grupo Coppel has delayed its planned initial public offering worth over $1.0B in Mexico, after the owners have backed out, sources reported on Wednesday.

Wed, 17 Oct 2018 07:34:42 GMT

Australia's Boral plans US Block business sale for $156M

Boral, the construction and building materials producer, announced on Wednesday about the planned US Block business sale to Quikrete Holdings in a deal valued at $156M.

Wed, 17 Oct 2018 06:39:34 GMT

Fujifilm comes out winner in its legal battle with Xerox

The Japanese firm Fujifilm Holdings won an appeal over its aborted merger with Xerox Corp, making the NYC court to overturn the previous injunctions that blocked the merger deal.

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