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European Union announces $8 billion package of aid for Egypt

European Union announces $8 billion package of aid for Egypt

Sun, Mar 17, 2024

The deal is scheduled to be signed during a visit by European Commission president Ursula von der Leyen and the leaders of Belgium, Italy, Austria, Cyprus and Greece, according to Egyptian officials.

India, EFTA ink free trade agreement

India, EFTA ink free trade agreement

Sun, Mar 10, 2024

The agreement has 14 chapters, including trade in goods, rules of origin, intellectual property rights (IPRs), trade in services, investment promotion and cooperation, government procurement, technical barriers to trade and trade facilitation.

Russia diamond producer Alrosa's annual net profit drops 15.2%

Russia diamond producer Alrosa's annual net profit drops 15.2%

Wed, Feb 28, 2024

The European Union added Alrosa, Russia's biggest diamond producer, to its sanctions list in January as part of punitive measures it has imposed on Moscow over the war in Ukraine.

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Leaving EU without deal would damage UK non-financial services

Leaving EU without deal would damage UK non-financial services

Wed, Mar 22, 2017

Airlines have called on the government to speed up plans for aviation because the deadline for preparing post-Brexit flight schedules is fast approaching.

Theresa May to trigger Brexit negotiations on March 29

Theresa May to trigger Brexit negotiations on March 29

Mon, Mar 20, 2017

British Prime Minister Theresa May will begin the official process of the UK's exit from the European Union (EU) on March 29, her spokesperson announced today. The UK's ambassador to the EU, Sir Tim Barrow, formally informed EU Council president Donald Tusk of the date this morning.

AT&T's $85.4 billion deal for Time Warner wins EU thumbs-up

AT&T's $85.4 billion deal for Time Warner wins EU thumbs-up

Wed, Mar 15, 2017

AT&T Inc has won approval from the European Commission for its planned $85.4 billion acquisition of Time Warner Inc, the No. 2 U.S. wireless carrier said on Wednesday.

UK Parliament passes Brexit bill

UK Parliament passes Brexit bill

Tue, Mar 14, 2017

This meant that the EU (Notification of Withdrawal) Bill passed the House of Commons without any changes.

Gold steady ahead of Fed meeting, expected U.S. rate rise

Gold steady ahead of Fed meeting, expected U.S. rate rise

Tue, Mar 14, 2017

Signs of an uptick in inflation and continued strength in the U.S. jobs market is expected to convince the Fed to hike rates when the meeting concludes on Wednesday. The bank will release a statement at 1800 GMT that day followed by a briefing at 1830 GMT.

Sterling slips as Brexit talks get green light, stocks subdued before Fed

Sterling slips as Brexit talks get green light, stocks subdued before Fed

Tue, Mar 14, 2017

The MSCI`s broadest index of Asia-Pacific shares outside Japan was flat in early trade, while Japan`s Nikkei dropped 0.1%.

Theresa May suffers second Brexit bill defeat

Theresa May suffers second Brexit bill defeat

Wed, Mar 08, 2017

Ministers said it was "disappointing" and they would seek to overturn the move when the bill returns to the House of Commons.

RBS posts ninth straight annual loss on 'sins of the past'

RBS posts ninth straight annual loss on 'sins of the past'

Sat, Feb 25, 2017

"This is a strong core bank getting masked by all the sins of the past," Chief Executive Ross McEwan said on a conference call with reporters.

Goldman Sachs to move 1,000 staff from London to Frankfurt due to Brexit: Report

Goldman Sachs to move 1,000 staff from London to Frankfurt due to Brexit: Report

Thu, Jan 19, 2017

US bank Goldman Sachs will move 1,000 staff from London to Frankfurt as part of a post-Brexit reorganisation that will reduce its city headcount by half, German business daily Handelsblatt reported on Thursday.

Number of UK workers edges down again, but pay growth picks up pace

Number of UK workers edges down again, but pay growth picks up pace

Wed, Jan 18, 2017

The number of people in work in Britain fell for a second time in a row in the three months to November, official data showed on Wednesday, a latest suggestion that the Brexit vote may be making employers nervous about hiring.

Britain will leave European Union's single market, PM Theresa May says

Britain will leave European Union's single market, PM Theresa May says

Tue, Jan 17, 2017

Britain will leave the EU`s single market when it exits the European Union (EU), Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a "soft Brexit".

Investor worries over Donald Trump, US policy on the rise: BAML

Investor worries over Donald Trump, US policy on the rise: BAML

Tue, Jan 17, 2017

Worries over Donald Trump`s economic policies and the potential for US policy errors rose sharply this month, according to a survey of fund managers released on Tuesday, prompting them to hold more cash even though they expect growth and inflation to rise further.

Brexit worries push gold prices to highest in over 7 weeks

Brexit worries push gold prices to highest in over 7 weeks

Tue, Jan 17, 2017

Gold prices hit their highest in more than seven weeks on Tuesday, boosted by safe-haven buying ahead of a speech in which British Prime Minister Theresa May is expected to discuss plans for a "hard Brexit".

Deutsche Boerse-LSE merger make markets healthier - Blackrock

Deutsche Boerse-LSE merger make markets healthier - Blackrock

Tue, Jan 17, 2017

Deutsche Boerse and LSEG have been working to overcome regulatory hurdles holding up the merger and looking to appease antitrust regulators.

Trump hails 'great' Brexit and backs speedy UK trade deal

Trump hails 'great' Brexit and backs speedy UK trade deal

Mon, Jan 16, 2017

The president-elect said a trade deal with Britain would be "good for both sides".

Gold hits highest in over a month on Brexit, Trump concerns

Gold hits highest in over a month on Brexit, Trump concerns

Tue, Jan 10, 2017

"Gold seems to be behaving true to January form at the moment, with physical demand picking up ahead of the Chinese Lunar new year and investors starting to buy as the great unknown of the Trump presidency looms," Boele said.

Eurozone inflation jumps to 1.1% in December, highest since 2013

Eurozone inflation jumps to 1.1% in December, highest since 2013

Wed, Jan 04, 2017

Inflation in the eurozone jumped to 1.1% in December, the highest level for more than three years, boosted by rising oil prices, official European Union (EU) figures showed on Wednesday.

South Korea December exports rise on semiconductors, machinery amid nascent recovery

South Korea December exports rise on semiconductors, machinery amid nascent recovery

Sun, Jan 01, 2017

South Korean exports in December rose for a second straight month, data showed on Sunday, adding to hopes for a firm turnaround in shipments that have fallen for most of the past two years.

The ups and downs of stock markets in 2016

The ups and downs of stock markets in 2016

Sat, Dec 31, 2016

The equity markets witnessed more volatility this year on the back of various events both in domestic and international, which led the investor dance on its tunes.

South Korea regulator fines Qualcomm $854 million for violating competition laws

South Korea regulator fines Qualcomm $854 million for violating competition laws

Wed, Dec 28, 2016

South Korea`s antitrust regulator fined Qualcomm Inc 1.03 trillion won ($854 million) for what it called unfair business practices in patent licensing and modem chip sales, a decision the US firm said it will challenge in court.

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