News

Note: This section contains information in English only.
Fri, 25 May 2018 02:36:44 GMT

Britain's Prince William to visit Ramallah, Jerusalem in June

Prince William, Queen Elizabeth's grandson, is expected to visit Ramallah and Jerusalem, when becoming the first British royal family member to visit the Palestinian territories and Israel next month.

Thu, 24 May 2018 20:21:45 GMT

Putin: Iran nuclear deal needs to be preserved

On Thursday, the President of Russia Vladimir Putin claimed that the Iran nuclear deal needs to be preserved and Russia welcomes efforts of European powers to save the agreement despite the withdrawal of the US.

Thu, 24 May 2018 20:11:44 GMT

France and Russia to create coordination mechanism in Syria

On Thursday, the President of France Emmanuel Macron claimed that Russia and France are planning to establish a coordination mechanism which would help to resolve political crisis in Syria.

Thu, 24 May 2018 19:29:44 GMT

Brazil farm minister: China-US trade dispute could hit Brazil

On Thursday, the Minister of Agriculture of Brazil Blairo Maggi claimed that the trade war between China and the US has benefited Brazil so far but it could be harmful for the local farm market in the long term.

Thu, 24 May 2018 19:23:05 GMT

Deutsche Bank to cut 7000 jobs

Deutsche Bank is planning to fire 7000 workers, lowering its global headcount from 97000 to 9000 employees with 25% cut in trading and equity sales jobs mainly in New York and London.

Thu, 24 May 2018 18:28:38 GMT

South Korean president: Trump's decision to cancel summit is regrettable

On Thursday, Yonhap news agency reported that the President of South Korea Moon Jae-in expressed regret over the decision of the US President Donald Trump to cancel the meeting with North Korean leader Kim Jong Un.

Thu, 24 May 2018 18:24:58 GMT

Pompeo hopes North Korea and US to resume talks

The US Secretary of State Mike Pompeo claimed he hopes that Washington and Pyongyang could resume talks about the nuclear program despite the cancellation of the summit between the US and North Korea.

Thu, 24 May 2018 17:20:04 GMT

Daimler to recall diesel van due to emission regulations

On Thursday, German road vehicle authority ordered Daimler AG to recall its Mercedes van model Vito 1.6l Diesel because its emission control system violates regulations.

Thu, 24 May 2018 17:12:08 GMT

Trump cancels North Korean summit

On Thursday, the US President Donald Trump stated that a historical summit between the US and North Korean leader Kim Jong Un scheduled for June is cancelled because of the hostility of North Korea. 

Thu, 24 May 2018 15:53:07 GMT

LVMH invests into online fashion search unit Lyst

LVMH, the owner of Louis Vuitton, has made an investment between $67M and $134M into the online fashion search app Lyst, as it seeks to expand online and attract younger buyers.

Thu, 24 May 2018 15:52:48 GMT

France's Autodis ceases planned IPO

On Wednesday, France's Autodis, the vehicle parts distributor, announced it had suspended the initial public offering amid "cautious" market environment.

Thu, 24 May 2018 15:28:16 GMT

Uber to unveil plan to stop diesel cars usage in London

Uber aims to present its plan in the following weeks on how to stop using diesel vehicles in London, as it expected the project to come into effect by the next year's end.

Thu, 24 May 2018 15:18:40 GMT

Roskomnadzor to check Facebook's compliance with law

Roskomnadzor, Russia's telecommunications watchdog, is set to carry out checks on Facebook and Whatsapp by December to see whether the social media platforms comply with the Russian laws.

Thu, 24 May 2018 14:38:54 GMT

Ryanair denies attempts to approach Norwegian Air

On Thursday, Ryanair claimed it had never made an approach for Norway's carrier Norwegian Air and never had such an intention.

Thu, 24 May 2018 14:32:18 GMT

Britain plans end Brexit transition in December 2020

On Thursday, the Prime Minister Theresa May's spokesman stated that Britain is planning to end the implementation period with the EU after the Brexit in December 2020.

Thu, 24 May 2018 13:19:45 GMT

Italy's spending raises concerns of new financial crisis

On Thursday, the Maltese Financial Minister Edward Scicluna has raised concerns over the Italian government focusing on more spending, saying it could trigger another debt crisis that hit Greece in 2010.

Thu, 24 May 2018 13:15:10 GMT

Rusal's board members, CEO resign amid US sanctions

The largest aluminium producer in Russia United Company Rusal stated on Thursday its seven board members and CEO had resigned, in efforts to persuade the US to lift sanctions imposed on it.

Thu, 24 May 2018 12:37:40 GMT

Smurfit agrees to acquire Dutch firm Reparenco

Smurfit Kappa agreed to buy the Dutch recycling company Reparenco in a deal worth around $539M, Ireland's packaging group stated on Thursday.

Thu, 24 May 2018 12:34:48 GMT

Vekselberg confirms talks renewal over Gazprom merger

On Thursday, Russia's Viktor Vekselberg confirmed he had revived the talks about merger of his power assets with the gas titan Gazprom,

Thu, 24 May 2018 11:35:23 GMT

Westfield shareholders grants approval for Unibail-Rodamco deal

Westfield's shareholders approved the $16B Unibail-Rodamco takeover deal, the Australian shopping mall titan's chairman announced on Thursday.

Thu, 24 May 2018 11:31:44 GMT

Canada bans China's takeover of Aecon amid safety grounds

Canada has blocked the $1.18B worth takeover of the construction firm Aecon Group by the China Communications Construction's unit citing national security grounds, the government reported.

Thu, 24 May 2018 10:23:38 GMT

China will decrease import tariffs

Bloomberg is reporting that Chinese authorities will cut some import tariffs for consumer goods on July 1.

Thu, 24 May 2018 10:19:53 GMT

ECB will take into account geopolitics

The European Central Bank on Thursday announced that the central bank will begin analysing geopolitical factors before judging its monetary policy.

Thu, 24 May 2018 09:36:29 GMT

Pompeo: no decision made by Trump on ZTE ban

The US State Secretary Mike Pompeo said during the congressional testimony on Wednesday that no decision had been made yet by Trump's Administration over lifting a ban on China's telecoms firm ZTE.

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