News

Note: This section contains information in English only.
Fri, 15 Feb 2019 13:25:43 GMT

Spain to hold snap elections in April

The Prime Minister of Spain, Pedro Sanchez is expected to to schedule the date of early parliamentary elections for April 28.

Fri, 15 Feb 2019 13:21:21 GMT

Ireland names deadline for decision on Brexit

The Foreign Minister of Ireland, Simon Coveney stated on Friday that the deadline for the final decision in terms of the UK exit from the European Union should not be later than end-June.

Fri, 15 Feb 2019 12:44:17 GMT

Eurozone trade surplus in goods decline in January

According to Eurostat on Friday, the Eurozone trade surplus declined in 2018 against the rest of the world because of massive imports.

Fri, 15 Feb 2019 12:44:08 GMT

European shares bounce after data reports

On Friday, European stocks rebounded after weak Chinese and US economic data briefly sent the world equity markets into a decline.

Fri, 15 Feb 2019 11:18:18 GMT

Proposed 25% import tariffs on cars by US could cut German exports

A study by Germany's Ifo institute shows that the proposed Washington 25% tariffs on cars could halve German car exports to the United States.

Fri, 15 Feb 2019 11:17:52 GMT

British retail sales rebound in January

UK retail sales surged in January, as shoppers were attracted by clothing discounts, easing a slowdown in consumer spending before Brexit.

Fri, 15 Feb 2019 10:34:19 GMT

Air France Chief meets Dutch ministers

On Friday, the Air France CEO Pieter Elbers met with the Finance and Transport Ministers of Netherlands to discuss the company's plans to strengthen integration with its subsidiary KLM.

Fri, 15 Feb 2019 10:28:15 GMT

Lloyd hires new CFO

The British Lloyds Banking Group stated on Friday that it had selected Morgan Stanley's senior banker William Chalmers as its new CFO.

Fri, 15 Feb 2019 09:26:34 GMT

Banca Carige refutes La Stampa's publication

On Friday, Italian Banca Carige rebutted a report published by the La Stampa newspaper that the lender's customers had withdrawn €3B worth of deposits.

Fri, 15 Feb 2019 09:23:02 GMT

Mnuchin remains satisfied with talks with China

The US Treasury Secretary Steven Mnuchin stated on Friday that trade talks with the Chinese Vice Premier Liu He had been productive.

Fri, 15 Feb 2019 08:22:19 GMT

France urges UK to decide on Brexit as fast as possible

The French European Affairs Minister Nathalie Loiseau on Friday urged the British politicians to decide as fast as possible how they would leave the European Union.

Fri, 15 Feb 2019 08:18:20 GMT

Baker says May's alliance with opposition may end badly for her

One of the British senior lawmakers Steve Baker stated on Friday that Theresa May's government would inevitably fall if she allied with the opposition Labour Party in order to push her Brexit deal.

Fri, 15 Feb 2019 07:23:05 GMT

Samsung plans to take advantage of Huawei's weakness

According to industry experts, Samsung is allocating resources into its equipment business for telecom networks, thus trying to take advantage of Huawei's turbulence.

Fri, 15 Feb 2019 07:16:14 GMT

Goldman says ratification of Brexit deal remains possible

According to Goldman Sachs projection, the is a 50% chance that the British Prime Minister Theresa May would manage to ratify her Brexit deal.

Fri, 15 Feb 2019 06:14:05 GMT

China's Didi to fire 15% of its workers

According to a source familiar with the matter, China's technology conglomerate Didi plans to cut its staff by nearly 15% this year.

Fri, 15 Feb 2019 06:10:59 GMT

India to adopt sanctions against Pakistan

In response to Islamists' attack on Indian policemen, the country's Finance Minister Arun Jaitley stated that the government would recall all trade privileges and take other diplomatic actions to "completely isolate" Pakistan.

Fri, 15 Feb 2019 05:29:52 GMT

US FAA gives green light to Vietnamese airlines

The US Federal Aviation Administration (FAA) stated on Thursday that Vietnam has fully met international aviation safety standards and added that from now on its air companies are allowed to fly to the US.

Fri, 15 Feb 2019 05:25:41 GMT

China to apply certain exemptions to chicken imports

The China's government will exempt 14 Brazilian companies, such as JBS and BRF, from tariffs on imports of chicken.

Fri, 15 Feb 2019 04:30:10 GMT

Mexico's factory exports to slow in 2019

The Mexican manufacturing industry is expected to export less this year due to uncertainty over delayed ratification of the US-Mexico-Canada trade agreement, global trade tensions and the effects of domestic labour strikes.

Fri, 15 Feb 2019 04:25:08 GMT

China's producer price growth slows for seventh month

China's factory-gate inflation weakened for a seventh month in succession in January to the weakest pace since late 2016, raising concerns that the economy may see the deflation return amid cooling domestic demand.

Thu, 14 Feb 2019 21:15:40 GMT

Trump intends to sing border wall bill

The White House Spokeswoman Sarah Sanders stated on Thursday that the country's President Donald Trump was ready to sing a border bill in order to avoid new government shutdown.

Thu, 14 Feb 2019 21:10:44 GMT

Fannie and Freddie to pay $4.7B in dividends

Freddie Mac and Fannie Mae stated on Thursday that they would pay $4.7B in dividends to the US government by March.

Thu, 14 Feb 2019 20:12:57 GMT

Trump's negotiators to meet Xi tommorow

The White House Economic Adviser Larry Kudlow stated on Thursday that the government's two senior negotiators would met China's leader Xi Jinping tomorrow in another attempt to settle the dispute between two countries.

Thu, 14 Feb 2019 20:09:09 GMT

EU to allow Ireland to solve border issue

According to sources familiar with the matter, the European Union would give Ireland time and a certain freedom of action for conclusion of border agreement with Northern Ireland in case the UK leaves the block without a deal.

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