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World News

 Nokia Loses Market Value of €6.6bn

Nokia shocked investors by saying that it has reduced its outlook for 2019–2020 and will forgo dividend payouts for the third and fourth quarters...

Tightening Foreign Investment Rules

Foreign investors hoping to buy New Zealand’s strategic assets will now have to convince the government that such sales are in the national interest. New...

10 Bad Luck Signs for Business

A favourable business environment isn’t the sole determinant of business success; businesses can thrive in bad economies, and the definition of a ‘bad economy’...

Easyjet Eyes New Package Deal Space

British company EasyJet has announced that it will launch a sector for organised package holiday deals by Christmas 2020. The objective is to recoup...

Peugeot to Merge With Fiat Chrysler

The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler. However, the...

Essent Takes Over Vandebron

Dutch energy sector market leader Essent is taking over green energy provider Vandebron, the two companies confirmed. Financial details have yet to be disclosed. Vandebron,...

EU Releases Growth Forecast

Commissioner for Economic and Financial affairs Pierre Moscovici has admitted that the block is now in a rather moderate growth phase: “This is perhaps...

China to Invest $100bln in Brazil

China has announced that it has secured around $100 billion from at least five state funds for a new investment programme in Brazil, mainly...

Air Astana Plans to Buy 30 Boeing 737 Max Aircraft

Kazakh flag carrier Air Astana has said that it planned to buy 30 of the 737 MAX aircraft, which was grounded in March following...

Naruhito Takes Throne as Japan’s First New Emperor in 30 Years

Japan completed the months-long coronation of Emperor Naruhito in an elaborate ceremony in Tokyo, as assembled global royalty and political leaders looked on. Clad in...

Justin Trudeau Re-elected

Canadian Prime Minister Justin Trudeau on Tuesday faced the cold reality of a minority government that will likely be forced to tilt left to...

Nobel Prize in Literature awarded to Austrian author Peter Handke

The 2019 Nobel Prize in Literature has been awarded to Austrian author Peter Handke. He was born in 1942 in southern Austria. He started studying...

Richard Grenell named U.S. special envoy for Serbia and Kosovo

U.S. President Donald Trump's Ambassador to Germany Richard Grenell will take on a second job: special envoy for peace negotiations between Serbia and Kosovo. The...

EU: New UK proposals ‘do not provide a basis’ for Brexit deal

EU countries agree that new UK proposals for a Brexit deal "do not provide a basis for concluding an agreement", according to the European...

Brexit: Boris Johnson sets out deal to MPs

Boris Johnson is setting out his proposals for a Brexit deal in Parliament, while EU leaders also consider their response. He outlined plans on Wednesday...

Von der Leyen picks her team

EU member states have accepted the list of commissioners put forward by the European Commission's president-elect. For the first time, the commission could have...

Ann Linde to become new Swedish foreign minister

Sweden’s prime minister Stefan Lofven as expected named trade minister and Social Democratic party veteran Ann Linde as new foreign minister in a speech...

Jack Ma Steps Down From $460 Billion Alibaba Empire

Jack Ma, the flamboyant tech personality and the richest man in China, is leaving his $460 billion Alibaba empire 20 years after founding the...
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