News

Note: This section contains information in English only.
Thu, 14 Feb 2019 14:26:57 GMT

Mitsubishi, Nissan and Renault reconfirm significance of alliance

On Thursday, the Chief Executive Officers of Mitsubishi, Renault and Nissan for the first time met together and reconfirmed the importance of their triumvirate.

Thu, 14 Feb 2019 14:22:12 GMT

Investors pressure Deutsche Bank's leadership

According to sources familiar with the matter, Deutsche Bank's largest investors intensified pressure on the company's CEO Christian Sewing to make necessary changes in the investment part of business.

Thu, 14 Feb 2019 13:31:37 GMT

Renault sets 6% profit goal for 2019

The Renault CEO Thierry Bollore stated on Thursday that the company would aim to achieve only a 6% profit growth rate this amid market uncertainties and complexities with currencies.

Thu, 14 Feb 2019 13:27:08 GMT

More sanctions means more risk for Russia

The Sberbank CEO German Graf stated on Thursday that possible introduction of new American sanctions would mean the additional risk of Russia's economy and noted that the country's banks must be prepared for adverse situations.

Thu, 14 Feb 2019 12:01:32 GMT

European shares reach three-month high on US-China trade talks

European stocks reached a three-month high on Thursday. The surge was attributed to the ongoing US-China trade talks.

Thu, 14 Feb 2019 12:01:21 GMT

Mnuchin optimistic on US-China trade talks, as deadline looms

Steven Mnuchin, the US Treasury Secretary, said he is looking forward to the trade negotiations in China on Thursday, as talks moved to a higher level.

Thu, 14 Feb 2019 10:57:44 GMT

Apple to resume selling older iPhone models in German stores

On Thursday, Apple Inc said that it would resume the shipment of iPhones with only Qualcomm chips to its stores in Germany.

Thu, 14 Feb 2019 10:57:35 GMT

Airbus to stop making A380 superjumbo jet

Airbus Inc said on Thursday that it would stop production of the iconic superjumbo A380 jet due to lacklustre sales.

Thu, 14 Feb 2019 10:15:14 GMT

Kremlin says Russia's economy can withstand new US sanctions

On Thursday, Kremlin spokesman Dmitry Peskov said that the Russian economy could withstand any new US sanctions.

Thu, 14 Feb 2019 10:14:13 GMT

UK's PM set to lose another Brexit vote in Parliament

On Thursday, the UK Prime Minister Theresa May could lose another Brexit vote in the British Parliament, over her plan l to renegotiate the backstop Brexit deal.

Thu, 14 Feb 2019 09:26:21 GMT

China cancels trade talks with UK

According to the The Sun newspaper, the China's Deputy Prime Minister, Hu Chunhua has decided to cancel talks with the British Finance Minister Philip Hammond after Gavin Williamson's threat to send a naval vessel in the Pacific.

Thu, 14 Feb 2019 09:21:51 GMT

US and India hold trade talks

According to a source familiar with the matter, the US and Indian officials started talks on investment and trade even though the US Commerce Secretary Wilbur Ross did not arrive because of bad weather conditions.

Thu, 14 Feb 2019 08:35:24 GMT

EU awaits vote on Brexit amendments

The UK Trade Minister Liam Fox stated on Thursday that the European government took the pause to see how British lawmakers would vote on Theresa May's amendments to deal on Brexit.

Thu, 14 Feb 2019 08:31:26 GMT

Russian ruble depreciates amid US sanctions

On Wednesday, the Russian ruble fell by nearly 1% against the US Dollar, as the American Senate adopted new legislation on sanctions against Russia.

Thu, 14 Feb 2019 07:29:30 GMT

Nestle projects 3% sales growth

One of the world largest food and beverage companies Nestle said it projected its organic sales to surge by 3% in 2019 amid better performance in North America and China.

Thu, 14 Feb 2019 07:23:47 GMT

Renault Chair travels in Japan to meet with Nissan Motor

According to the Jiji news agency, the Renault SA Chairman Jean-Dominique Senard on Thursday landed in Japan to meet with the Nissan Motor's CEO Hiroto Saikawa.

Thu, 14 Feb 2019 06:14:49 GMT

Bulgarian employment, salaries up in Q4 last year

Employment and salaries in Bulgaria rose year-over-year in the Q4 of 2018, according to the preliminary data the country's NSI.

Thu, 14 Feb 2019 06:14:02 GMT

BMW global sales grow in January

Deliveries of BMW jumped 0.5% to a total of more than 170K cars in January, the German carmaker announced, owing to strong increase in China.

Thu, 14 Feb 2019 04:34:06 GMT

US posts budget deficit amid tax revenue fall

The US federal government ran a budget deficit $14B in December with revenues falling after tax cuts in 2018, even as the country's economy appeared strong, the Treasury Department reported.

Thu, 14 Feb 2019 04:31:26 GMT

BlackRock hires Fischer as adviser

BlackRock hired Stanley Fischer, the former Fed Vice Chair, for the position of senior adviser, the world's biggest fund manager stated in a memo.

Wed, 13 Feb 2019 20:53:25 GMT

Global stock markets edge higher on US-China trade talks

Global equity markets extended a week-long rally on Wednesday, as investors are hopeful of an agreement between the United States and China in the ongoing trade talks.

Wed, 13 Feb 2019 20:53:15 GMT

Spain's Parliament rejects draft 2019 budget

The Spanish government lost a budget vote in Spain's Parliament on Wednesday, paving the way for a snap election.

Wed, 13 Feb 2019 20:06:17 GMT

Cohen to testify to US Congress before going to prison

According to the CNBC report, Michael Cohen, the US President Donald Trump former lawyer, would testify to the US Congress before going to prison.

Wed, 13 Feb 2019 20:06:04 GMT

US data shows Apple increases testing of self-driving cars in 2018

On Wednesday, the Californian Department of Motor Vehicles released data that shows that Apple Inc ramped up testing of its self-driving vehicles in 2018.

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