News

Note: This section contains information in English only.
Mon, 14 Oct 2019 15:40:28 GMT

Turkish Lira slips 0.6%

On Monday, the value of the Turkish Lira declined by 0.6% due to the US President Donald Trump warning the country about possible sanctions.

Mon, 14 Oct 2019 14:45:38 GMT

SoftBank aims to control WeWork via financing package

SoftBank Group is seeking control over WeWork Companies through its prepared financing package that would significantly increase SoftBank's stake in the shared office space firm, according to Reuters.

Mon, 14 Oct 2019 13:42:07 GMT

Germany allows Huawei access to 5G

On Monday, German officials announced that new security rules would allow Huawei to supply 5G network gear to Germany.

Mon, 14 Oct 2019 12:42:29 GMT

China crack downs on sugar smugglers

A report published by Reuters on Sunday revealed that a Chinese government crackdown on sugar smugglers has increased global supply and decreased prices.

Mon, 14 Oct 2019 11:48:16 GMT

WTO clears US tariffs on EU

On Monday, the World Trade Organization allowed the US to impose tariffs on imports from the European Union due to subsidies given to the plane maker Airbus.

Mon, 14 Oct 2019 10:50:11 GMT

Stock indices decline

During Monday's Asian and European trading sessions, global stock indices declined, as the markets saw no progress in US-China trade talks.

Mon, 14 Oct 2019 09:42:47 GMT

UK's Finance Minister plans post-Brexit budget

On Monday, the British Chancellor of the Exchequer Sajid Javid said that he would deliver the first post-Brexit budget on November 6.

Mon, 14 Oct 2019 09:20:35 GMT

VW's CEO says shift in electric car production won't hurt profits

Herbert Diess, the Chief Executive Officer of Volkswagen Motor, said on Monday that he doesn't expect the shift in production of electric vehicles to affect profit margins.

Mon, 14 Oct 2019 08:01:01 GMT

Emirates does not expect Boeing to deliver 777-9 in 2020

Tim Clark, the President of Emirates Airlines, said on Monday that he doesn't look like Emirates would receive any of the Boeing 777-9 jets it has ordered in 2020.

Mon, 14 Oct 2019 07:31:22 GMT

John Menzies appoints new CFO

On Monday, John Menzies, the aviation services group, announced the appointment of Alvaro Gomez-Reino, as the company new Chief Financial Officer.

Mon, 14 Oct 2019 04:30:21 GMT

ACCC to probe Australian banks

The Australian Competition and Consumer Commission (ACCC) received on Monday an instruction from the government to check why local banks did not go through three interest rate cuts in 2019 in full.

Mon, 14 Oct 2019 04:08:47 GMT

China exports decrease in September

According to data released on Monday, Chinese exports in September fell 3.2% from a year earlier, thus marking the biggest fall in half a year.

Mon, 14 Oct 2019 03:14:55 GMT

Merkel tells Erdogan to immediately stop Syria offensive

According to Germany's government spokesperson, the German Chancellor Angela Merkel has told the Turkish President Recep Tayyip Erdogan to stop the military offensive in Syria immediately.

Mon, 14 Oct 2019 02:15:43 GMT

Johnson says Brexit deal still possible

The UK Prime Minister Boris Johnson briefed his cabinet members on Sunday that a pathway to a Brexit deal was still achievable, but there was still a significant amount of work to be done.

Sun, 13 Oct 2019 19:47:00 GMT

Boris Johnson comments on Brexit

On Sunday, the Prime Minister of the United Kingdom Boris Johnson stated to his cabinet that a Brexit deal is still possible.

Sun, 13 Oct 2019 18:44:17 GMT

Egyptian and Ethiopian leaders set up meeting

The President of Egypt Abdel Fattah al-Sisi on Sunday stated that he would meet with the Prime Minister of Ethiopia Abiy Ahmed to discuss the Nile dam dispute.

Sun, 13 Oct 2019 18:02:57 GMT

Khamenei pressures Iran's Guards

On Sunday, the Supreme Leader of Iran Ayatollah Ali Khamenei demanded from the Iran's Revolutionary Guards to develop advanced and modern weaponry.

Sun, 13 Oct 2019 16:41:05 GMT

Putin comments on oil supply

On Sunday, the President of the Russian Federation Vladimir Putin stated to Saudi state TV that global oil inventories should be cut to reasonable levels.

Sun, 13 Oct 2019 15:46:45 GMT

Imran Khan facilitates Iran-Saudi talks

The Prime Minister of Pakistan Imran Khan on Sunday in Tehran announced that he would facilitate talks between Iran and Saudi Arabia.

Sun, 13 Oct 2019 14:45:54 GMT

Boris Johnson intends to negotiate with EU

On Sunday, British officials announced that Brexit talks are about to intensify, as the Prime Minister Boris Johnson intends to strike at a last-minute deal.

Sun, 13 Oct 2019 13:41:20 GMT

Putin comments on Middle East

On Sunday, the President of the Russian Federation stated to Saudi state TV that he could mediate between the Arab world and Iran.

Sun, 13 Oct 2019 12:43:22 GMT

Modi promises Kashmir normalization

The Prime Minister of India Narendra Modi announced on Sunday that in four months the situation in Jammu and Kashmir would return to normal.

Sun, 13 Oct 2019 11:40:33 GMT

Putin comments on Syria

On Sunday, in an interview with Arab broadcasters the President of the Russian Federation Vladimir Putin stated that a new Syrian constitution should take into account the rights of all groups.

Sun, 13 Oct 2019 10:48:13 GMT

Saudi Arabia reveals new logistics zone

On Sunday, Saudi Arabia revealed plans to create a new logistics zone in the port of Jeddah.

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