Wednesday, December 11, 2019

Europe Business

Bank of England warns of effects of Brexit deal on British economy

The Bank of England has warned of its outlook for the country's economic growth, citing Boris Johnson's Brexit deal. "While policy news goes hand in hand with the economic outlook, it is important to wait and see the bigger picture,...

London luxury real estate on the rise, despite political uncertainty

London luxury real estate on the rise in the environment of the planned withdrawal of Britain from the European Union generally weaker pound has many consequences, even if it has recently recovered somewhat. On Wednesday, the price was around...

Lufthansa UFO starts 48-hour strike against worldwide flights cut

Flight attendants of Lufthansa has started a 48-hour strike after the airlines announced to reduce around 700 of the 1100 scheduled flights worldwide on Thursday, so that many aircraft will remain on the ground at the hubs in Munich...

EU interrogates Facebook about Libra

Several official bodies have asked Facebook to clarify how its currency, Libra, and how it will be used to prevent it from being used for illegal or terrorist acts, as was the case with the European Commission and the...

Juvenescence allocates $ 100 million to develop anti-aging technology

The elixir of life could be developed technologically by investing $ 100 million in a life sciences company called Juvenescence in collaboration with drug developers and artificial intelligence experts, to find treatments and techniques to treat age-related diseases and...

European Central Bank closes one of its websites after malware attack

The European Central Bank (ECB) has shut down one of its websites after being hacked and infected with malware. The ECB said no market-sensitive data has been hacked, but the BIRD has been hacked, which it uses to provide...

EU imposes duties on Indonesian bio diesel

The European Union (EU) imposes import duties on subsidized bio diesel from Indonesia to create more competition for EU producers, authorities said yesterday. The European Commission imposes a temporary duty of between eight and 18 per cent, but warns it...

Spanish oil company Repsol slashes the sales in Venezuela for the second time

Spanish energy company Repsol continues to cut its sales in Venezuela, which at the end of the first half of 2019 amounted to 393 million euros ($ 437 million), almost 14 percent less than at the end of 2018. According...

British body pushes Amazon to avoid cooperating with Deliveroo

The UK's Competition Control Authority (CMA) has issued decisions to Amazon, which plans to merge with Deliveroo, a leading local delivery company, to limit its relationship with the British company. The regulatory body CMA says that the two companies could...

Environmentalists target Amazon in France, demand measures to protect climate change

Hundreds of environmentalists protested outside the Amazon headquarters in Paris and at two regional distribution centers in France on Tuesday as part of escalating climate change demonstrations. The protest was attended by groups including Friends of the Earth and Yellow...

Latest News

Democrats to prosecute Trump on two counts: Trump says its political madness

Chairman of the Judicial Committee, Jerry Nadler, unveiled, on Tuesday, the indictments against US President Donald Trump. Nadler said -...

Trump meets Lavrov at the White House today

A senior administration official said Monday that President Donald Trump will meet with Russian Foreign Minister Sergey Lavrov on Tuesday at the White House. The...

High-ranking Mexican diplomat accused of book theft in Argentina, summoned back to the country

Mexico on Monday summoned its ambassador to Argentina, Oscar Valero Becerra, after a video circulating suggesting that the Mexican diplomat proceeded to steal a...

Reform course: Saudi Arabia ends gender segregation in restaurants and cafés

Men and women are allowed to enter restaurants and cafés in Saudi Arabia in the future through the same entrance. In the strictly conservative...

Technology war: Decoupling of two largest economies of the world picks up speed

Decoupling of the two largest economies in the world is picking up speed. On Monday, it was announced in China that the government ordered...