The US Commerce Department slightly reduced its estimate of growth in the first quarter of the year but the rate is still good for the winter, according to the second batch of expectations released Wednesday. US gross domestic product (GDP) is growi
«Economic» from Riyadh The European Commission has announced a record fine of 4.3 billion euros ($ 5 billion) on Google, according to "German" through the exploitation of its operating system, "Android" for smart phon
The German government plans to intensify its efforts to develop artificial intelligence to make Germany a leader in this field. According to the "German" German cabinet yesterday approved the main axes of the strategy to strengthen artific
The International Monetary Fund (IMF) has called on Tunisia to take decisive action this year to combat inflation and reduce the fiscal deficit to provide more economic opportunities for Tunisians. In a statement issued today, following a visit by a
The Organization for Economic Co-operation and Development (OECD) called on Thursday to avoid a "surge" in trade tension, warning of global economic uncertainty, two days before Washington threatened to impose strict tariffs on imports of s
Volkswagen has announced a temporary suspension of the production of diesel models due to technical defect, stressing that the development of the modernization of the engine -0.2TDI, noting that the production will be temporarily suspended models of
International Monetary Fund (IMF) Director-General Christine Lagarde said today that the world trade system is threatened by the forces it wants to undermine. Warning that resorting to trade protection policies would be a serious mistake. Lagarde mad
Italy has won the European Union project and remains in the euro area heading for new elections, while some investors are concerned that this vote will be a referendum on Italy's membership in the euro area. According to Reuters, European financ
Global mergers and acquisitions (M & A transactions) have already reached $ 2 trillion since the beginning of 2018, a record level of transaction value for the year, Thomson Reuters data showed on Tuesday. A series of deals at the beginning of t
The European Union (EU) decided on Tuesday to give the green light to start negotiations aimed at reaching free trade agreements with Australia and New Zealand. The decision by the EU Commission, the executive arm of the European Union, marks the st
The United States has refused to discuss tariffs on steel and aluminum imports with Russia within the framework of the World Trade Organization (WTO), the Russian Economy Ministry said Friday. Interfax news agency quoted the ministry as saying it al
The government has completed a $ 5.5 billion debt swap with the central bank on Friday to issue dollar bonds against Lebanese treasury bills of the central bank, Lebanese Finance Minister Ali Hassan Khalil said. Khalil added that the swap meant that
Moroccan analysts said the state should approve a price control mechanism under "random price liberalization" after Moroccans boycotted three major companies for more than three weeks in a price-cutting campaign described as successful. &q
"US sanctions on European companies dealing with Iran after the United States withdraws from the nuclear deal are possible," White House national security adviser John Bolton said yesterday. According to Reuters, "Bolton said in the&q
Berlin Germany's inflation rate stabilized last April at the previous estimate, data from the German Federal Statistics Office showed Wednesday. The inflation rate in April last 1.6% per annum, the same rate as in March, and the same rate as an
The US administration faces a stressful week of negotiations on several axes with its main trading partners, the European Union, Canada, Mexico and China, with crucial benefits, particularly on the North American Free Trade Agreement (NAFTA). Accord
Vodafone has agreed to pay $ 21.8 billion to buy Liberty Global's assets in Germany, the Czech Republic, Hungary and Romania, boosting its competitiveness with wider broadband, broadband and mobile TV services. Vodafone, the world's second-l
Travelers across France are facing major delays on Monday after French rail company SNCF warned that service was worse than usual with unions calling for a "day without railway workers." Only one of every three high-speed trains is schedul
China's telecommunications giant ZTE Sunday evening suspended its activities following the US government's decision to impose a ban on the company. "As a result of the embargo order (from the US government), the main operating activities
The dollar held firm on Thursday, supported by long-term US bond yields and investors' focus on US consumer price data released later in the day and may show higher inflation. The dollar index, which tracks the performance of the greenback versu
"The contribution of the sector to the Middle East is 8.9 per cent of the GDP of the countries of the region, equivalent to $ 224 billion," said Mohamed Al Muhairi, head of the Middle East Committee of the World Tourism Organization. Durin
Kuwait Chamber of Commerce and Industry (KCCI) Chairman Ali Al-Ghanim stressed the chamber's keenness to enhance trade and investment relations with Saudi Arabia by setting up joint projects within the framework of the Kuwaiti development plan an
Shares of France-based airline Air France-KLM lost 13 percent of their value in morning trading on the Paris Stock Exchange yesterday after Jean-Marc Janella, the company's chief executive, announced his intention to resign. Last Friday, Genilla
Chinese Vice Premier Liu Hee will head to Washington next week to resume talks with the United States and avoid a trade war between the two countries, the White House said Monday. Liu, who is close to President Xi Jinping, who oversees the economic
WASHINGTON (Reuters) - US billionaire Warren Buffett hinted yesterday he would buy a large number of Apple shares when the price was right, just two days after he unveiled the purchase of 75 million additional US shares. At the annual meeting of sha
Turkey's current account deficit, coupled with a double-digit inflation rate, is a major concern for investors. Concerns about the economic outlook have pushed the country's lira currency to record lows in recent days. According to Reuters, d
Governments around the world are awaiting decisions from Washington on steel and aluminum tariffs on the eve of the end of temporary exemptions today. According to the "German", US President Donald Trump announced in March the tariffs of 2
Marathon Petroleum said yesterday it will buy its rival Endeavor for more than $ 23 billion to set up a company that surpasses Valero Energy Corp. as the world's largest energy refinery. The deal, made up of cash and Endeavor shares, is estimate
Dubai Ports World announced today that it has reached an agreement with Virgin HyperloverOne to launch a global company to build high-speed rail systems to transport passengers and goods. Officials say the system needs investments of tens of billion
The Europeans received a shock yesterday from US President Donald Trump's decision to extend temporary EU-Mexico-Canadian steel and aluminum temporary exemptions for a month after expectations of its cancellation, citing "prolonged uncertain