Catalonia’s pro-independence leader has said that the region will declare independence from Spain “in a matter of days.” Speaking to the BBC on Tuesday, the head of Catalonia’s devolved government Carles Puigdemont said his administration would declare independence fromSpain “at the end of this week or the beginning of next.” “We are going to declare […]
Read moreEuropean equities are set to open mixed on Wednesday morning as investors keep a close eye on events in Catalonia, where the leader of the region’s separatist government has said he will declare independence “in a matter of days.” The FTSE 100 is expected to open 7 points lower at 7,459, the German DAX is […]
Read moreAn Indian-American dealmaker for HNA Group, who recently held a big stake in the Chinese conglomerate, said he kept the shares for a decade as an “accommodation” to the company and received no compensation for doing so. HNA shook up its ownership structure in July by transferring a near 30 percent stake, comprising shares formerly […]
Read moreThe World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018, but added the generally positive outlook was clouded by risks such as rising trade protectionism and geopolitical tensions. The Washington-based lender now expects the developing East Asia and Pacific (EAP) region, which includes China, to grow […]
Read moreRussia-linked Facebook ads during last year’s U.S. presidential election mainly focused on the states of Michigan and Wisconsin, CNN reported on Tuesday. The ads targeted key demographic groups and used divisive messages including promoting anti-Muslim sentiment, the report said, citing sources. Wisconsin and Michigan were among the handful of battleground states that helped Donald Trump […]
Read moreUAE-based Abu Dhabi Future Energy (Masdar) and EDF Energies Nouvelles, a wholly-owned unit of France-based EDF, have submitted the lowest bid to build the first utility-scale solar plant in Saudi Arabia, results seen by Reuters show. The 300-megawatt solar photovoltaic project is in Sakaka, the Al Jouf Province in the north of the kingdom. The […]
Read moreShares of Japan Display jumped as much as 24 percent on Wednesday after the Nikkei business daily reported the company had developed a way to mass-produce lower-cost organic light-emitting diode (OLED) screens and would start as early as in 2019. The Nikkei said Japan Display had started approaching dozens of potential investors including Sony and […]
Read moreIn an interview with Fox News, President Donald Trump said that Puerto Rico’s debt will have to wiped out. “They owe a lot of money to your friends on Wall Street and we’re going to have to wipe that out. You’re going to say goodbye to that, I don’t know if it’s Goldman Sachs but […]
Read moreThe death toll in Puerto Rico from Hurricane Maria has more than doubled to 34, a spokesman for Governor Ricardo Rosello said on Tuesday. The worst hurricane to hit the U.S. territory in more than 90 years directly killed 19 people, said Pedro Cerame, the governor’s director of communications in Washington. Just hours earlier when […]
Read moreAsia is set for a mixed trading day on Wednesday, even after U.S. equities closed higher overnight. In Japan, the Nikkei 225 was up 0.23 percent at 20,662.48 in early trade and the Topix index advanced 0.1 percent. Fast Retailing shares were up 1.73 percent after reports said same-store sales at its Uniqlo retail outlets […]
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