News archive of November 2018

US senators send rebuke to Saudis, Trump over Khashoggi murder

Defying President Donald Trump, senators sent a strong signal that they want to punish Saudi Arabia for its role in the murder of journalist Jamal Khashoggi. By a bipartisan 63-37 vote, the Senate opted to move forward with legislation calling for an end to U.S. involvement in the Saudi-led war in Yemen.

BBVA picks US head Onur Genç as new CEO in digital drive

Spain's BBVA named Onur Genç as its new chief executive on Nov. 28, with the head of the Spanish bank's U.S. operations due to take over its online transformation from Carlos Torres at the end of 2018.

Damages in Lesvos after torrential rain

Several houses and sections of the road network on the eastern Aegean island of Lesvos suffered damages following torrential rain and subsequent flooding on Wednesday night.

The fire service was called in to rescue people trapped in cars and houses, state-run news agency ANA-MPA reported.

Norway's Carlsen beats US hopeful in chess title decider

Norwegian chess superstar Magnus Carlsen on Wednesday cemented his reputation as the game's greatest player after demolishing US hopeful Fabiano Caruana in a winner-take-all world championship decider.

4.2-magnitude quake rattles Zakynthos

A new tremor was recorded early Thursday morning in the Ionian Sea, as seismic activity in the area continues following the 6.4-magnitude earthquake that hit off the coast of the island of Zakynthos on October 26.

Exporters can offer more jobs and better pay

More exports mean more and usually better paid jobs, according to a study by the European Commission, which revealed that European Union exports to third countries support 36 million jobs across the bloc, up by 14.3 million or 66 percent from 2000.

CPLP tanker activity to be merged with DSS

Capital Product Partners LP (CPLP), controlled by Greek shipowner Evangelos Marinakis, and Diamond S Shipping (DSS), whose main stakeholder is the WL Ross & Co private investment fund founded in 2000 by US Trade Secretary Wilbur Ross, announced on Wednesday they have reached a merger deal for a new entity whose value is estimated at $1.65 billion.

Shoppers buy into Black Friday, albeit reluctantly

More Greeks may have gone shopping this Black Friday, but many appeared unhappy with the level of discounts that enterprises offered during the promotional events on and around November 23, a survey by the Athens University of Economics and Business revealed on Wednesday.

Greece is NPL cutting laggard

At a time when nonperforming loans are decreasing significantly in the eurozone, Greece is not only the member-state with the highest NPL rate, but it also has the lowest reduction rate, according to the third progress report on the issue by the European Commission, published on Wednesday.

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