News

Note: This section contains information in English only.
Sat, 12 Jan 2019 18:55:52 GMT

Julian Castro launches presidential campaign

The Democrat from Texas Julian Castro has announced that he will run for the Presidential seat in the 2020 election.

Sat, 12 Jan 2019 17:45:08 GMT

EU rules prevent nationalizing Carige

A Italian Senator has spoken out that laws do not allow the government to nationalize the Italian Banca Carige. This countered the expressed views that the troubled bank could be nationalized

Sat, 12 Jan 2019 17:45:01 GMT

Huawei fire employee arrested in Poland

The Chinese telecommunication giant on Saturday announced that it has fired the employee, which was arrested in Poland for spying.

Sat, 12 Jan 2019 17:24:30 GMT

Yemeni refinery fire spreads

A fire at the Yemeni port of Aden, which rages at an oil refinery, has spread to the second storage tank.

Sat, 12 Jan 2019 17:24:03 GMT

Yellow vest protest continues

On Saturday, the yellow vest protesters continued to clash with the police in Paris. The protests escalated into a level, which pressured the police to use tear gas.

Sat, 12 Jan 2019 16:21:19 GMT

ANC does not plan to change central bank's mandate

The South African ruling African National Congress representative Enoch Godongwana stated on Saturday that the party's had no plans to the mandate of the country's central bank.

Sat, 12 Jan 2019 16:15:10 GMT

Brazil treats Guaido as Venezuelan President

The Brazilian government stated on Saturday that Venezuelan main opposition leader Juan Guaido is the country's legitimate leader, not Nicolas Maduro.

Sat, 12 Jan 2019 15:19:16 GMT

Pompeo calls Venezuelan government "illegitimate"

The US Secretary of State Mike Pompeo on Saturday call Venezuelan government "illegitimate" and promised to work other Latin American countries to restore genuine democracy there.

Sat, 12 Jan 2019 15:15:08 GMT

Poland calls EU and NATO to elaborate common stance towards Huawei

The Polish Internal Affairs Minister Joachim Brudzinski on Saturday called the European Union and NATO to elaborate common approach towards Chinese telecom giant Huawei and use of its production.

Sat, 12 Jan 2019 14:25:32 GMT

Huawei distances from arrrested employee in Poland

On Friday, Chinese telecom company Huawei decided to fire Wang Weijing, one of its employees who was arrested by Polish authorities amid an alleged espionage.

Sat, 12 Jan 2019 14:21:00 GMT

SpaceX to reduce employees by 10%

SpaceX, the famous Elon Musk's rocket company, announced on Friday that it would fire 10% of its workforce, which is almost 6K people.

Sat, 12 Jan 2019 13:25:02 GMT

Ramaphosa vows to lower unemployment

In the wake of the upcoming parliamentary elections the South African leader Cyril Ramaphosa appeared in front of public, promising to boost employment and increase temps of growth of the country's economy.

Sat, 12 Jan 2019 13:17:48 GMT

Banco BPM excludes any M&A's amid market turbulence

The CEO of Banco BPM Giuseppe Castagna stated on Saturday that the company had no plans regarding possible tie-ups with UBI Banca, Monte dei Paschi or Carige because of market uncertainty.

Sat, 12 Jan 2019 08:20:31 GMT

UAE says OPEC and US should not be enemies

The Energy Minister of the United Arab Emirates Suhail al-Mazrouei stated on Saturday that the United States should not treat the Organization of Petroleum Exporting Countries (OPEC) as an enemy.

Sat, 12 Jan 2019 08:18:27 GMT

China says tax cuts intented to support economy

The Chinese Premier Li Keqiang stated on Saturday planned tax cuts for businesses were intented to improve employment and achieve economic stability.

Sat, 12 Jan 2019 07:22:59 GMT

US refuses to grant more waivers on Iranian sanctions

The US Special Representative for Iran Brian Hook stated on Friday that the government would not grant any new waivers for Iranian oil.

Sat, 12 Jan 2019 07:18:36 GMT

UAE projects $70 per barrel this year

Suhail al-Mazrouei, the Energy Minister of the United Arab Emirates, stated on Saturday he projected oil price to fluctuate around $70 per barrels in 2019.

Sat, 12 Jan 2019 06:18:05 GMT

Nissan's Jose Munoz resigns

On Saturday, one of the senior Nissan Motor Co's executives Jose Munoz decided to resign amid being a "person of interest" in the Carlos Ghosn case.

Sat, 12 Jan 2019 06:13:38 GMT

Seriousness of German economic problems remains unclear

The European Central Bank Policymaker Ewald Nowotn stated on Friday that there is no clear understanding on how serious and lasting current problems in German economy are.

Sat, 12 Jan 2019 05:38:13 GMT

Gabbard to run for president in 2020

Representative of the US Democratic Party Tulsi Gabbard stated in an interview that he would participate in next presidential elections.

Fri, 11 Jan 2019 21:22:03 GMT

US government's partial shutdown may affect January job growth

The US government's partial shutdown could depress the January job growth by as much as 500K and raise the unemployment rate above 4.0%, unless Washington resolves the issue before next Friday.

Fri, 11 Jan 2019 21:15:21 GMT

Indonesia's Medco Energi makes $436M for Ophir

On Friday, Indonesia's gas and oil firm Medco Energi Internasional made an offer worth $436M in cash for the UK-listed Ophir, which holds assets in the south-east Asia.

Fri, 11 Jan 2019 20:31:44 GMT

Lottoland to raise its offer for Tipp24 up to $88M

Gambling company Lottoland is seeking to raise its offer to acquire Germany's lottery business Tipp24 up to $88M, potentially beating the price proposed by the company's owner Zeal Network.

Fri, 11 Jan 2019 20:28:56 GMT

Faroe Petroleum executives set to resign amid DNO's hostile takeover

The CEO, CFO and COO of Faroe Petroleum, Graham Stewart, Jonathan Cooper and Helge Hammer, are set to resign from their positions after hostile takeover by DNO, Faroe announced on Friday.

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