Hungary wins yet another investment amidst stiff competition, bringing it one step closer to an annual HUF10 trillion in automotive industry production, he added.
Kazakh oil workers rallied to protest unequal labour and pay conditions among local and foreign workers.
PNB, earlier named Norvik, was at the centre of the controversy that embroiled Latvia’s central bank governor Ilmars Rimsevics in early 2018 and which has continued to haunt Latvia since.
Markets have focused on the meeting since the Turkish side has been saying for a while that Erdogan would solve the sanctions issue with Trump in Osaka.
Iran’s top legal vetting committee, the Guardian Council, has confirmed the bill of temporary agreement for launching a free trade agreement between Iran and the Eurasian Economic Union (EEU), according to Mehr News Agency on June 27.
Russia and Saudi Arabia agreed to prolong the Opec+ global oil output cut deal for at least six months, under which 25 oil producing countries cut the extraction by 1.2mn barrels as compared to October 2018
North Macedonia held its first Gay Pride march on June 29 with several hundred gay men, lesbians and human rights activists participating in the event.
Ukraine’s national gas company Naftogaz reported $443mn in profits for 2018, while its tax and dividend payments accounted for 19% of Ukraine’s government income.
Two-fifths of the Russian-German Chamber of Commerce's members plan to invest into Russia over the next 12 months.
Threat of wider Balkan trade war as trade minister says reciprocal measure will be taken against CEFTA states that impose barriers against Kosovan imports.
The decision has split the Council down the middle. Almost all of the western European members voted overwhelming to allow Russia back in. However, countries close to the Russian border voted against readmission.
Karyo Holdings, controlled by billionaire Mikhail Prokhorov, sold its entire 15.625% stake in Russian shoe producer and retailer Obuv Rossii (OR), the company said on June 26.
The Russian government will resume the support for Russian car market as of July 1 given declining demand and sales
Two weeks after the election period tumult he steps forward with order to help half million low-income borrowers repay bank sums. Says state assistance just short of billion dollars will eventually help more than 3mn people.
In other market news: Foreign press question story behind Moody’s surprise Turkey downgrade, BlackRock filing indicates stake increase in gold miner and fund considers selling shares in Domino’s Pizza operator.
Kyiv suspends participation in the European human rights organisation following the decision to readmit the Russian delegation.
New loan significantly simplifies the company’s previous financing arrangements, securing funding of its industrial portfolio over the mid-term.
Foreign investors find it "extremely difficult" to find an available and qualified labour force in the Czech Republic, which discourages them from investing, says EY M&A specialist.
German energy company E.ON offered to sell several assets to overcome the concerns of the European Commission over its bid for competitor Innogy’s network and retail assets.
Hits out at Trump administration’s “outrageous and idiotic” decision to impose sanctions on supreme leader and foreign minister. US president bristles, tweets threats of "obliteration".