News

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Tue, 03 Oct 2017 18:07:24 GMT

Saudi leader heads to Russia to discuss cooperation on oil production

The leader of Saudi Arabia heads to Russia to discuss collaboration on oil production, and differences over Syria and Iran, as well as to sign a number of investment deals.  

Tue, 03 Oct 2017 18:00:19 GMT

Amazon to pay millions of euros to Luxembourg

Amazon is expected to receive an order from the EU regulators to pay Luxembourg millions of euros in back taxes, the latest international company to be hit by an EU crackdown on unfair tax deals. 

Tue, 03 Oct 2017 17:15:29 GMT

US top military official states Pakistan's ISI has links with Islamist groups

The Marine Corps General Joseph Dunford stated on Tuesday that Pakistan's spy agency, the Inter-Services Intelligence, had links with Islamist groups.

Tue, 03 Oct 2017 17:00:05 GMT

Elderly Greeks march against pension cuts

Hundreds of elderly Greeks took the streets of the city of Athens on Tuesday to protest against deeper pension cuts.

Tue, 03 Oct 2017 16:14:28 GMT

Hurricanes lift General Motors' sales

General Motors reported on Tuesday that its auto sales surged 12% year-over-year in September, boosted by higher sales in the storm-hit areas.

Tue, 03 Oct 2017 16:00:51 GMT

GDT Price Index falls 2.4%

Dairy product prices dropped 2.4% at Tuesday's Global Dairy Trade auction in New Zealand, following a rise of 0.9% posted at the preceding auction.

Tue, 03 Oct 2017 14:52:49 GMT

Euro zone industrial producer prices up 0.3% in August

According to the data released by Eurostat, the Euro area's Producer Price Index advanced 0.3% over the course of August.

Tue, 03 Oct 2017 14:52:24 GMT

UK construction slips in contraction territory

Markit reported on Tuesday that its PMI for the UK's construction sector slipped into the contraction territory for the first time since Brexit, coming in at 48.1 in September.

Tue, 03 Oct 2017 14:31:59 GMT

EU agrees to guard against cheap China imports

On Tuesday, the European Union agreed on new rules to limit cheap Chinese imports, putting an end to a 18 months' dispute over trade relationships with Beijing.

Tue, 03 Oct 2017 14:22:22 GMT

Slack secures partnership with Oracle

Slack Technologies has locked down a partnership with Oracle, aiming to integrate its enterprise software products into the workplace messaging app.

Tue, 03 Oct 2017 13:32:56 GMT

Berkshire Hathaway to buy 38.6% stake in Pilot Flying J

Berkshire Hathaway stated on Tuesday it would invest in a truck stop operator Pilot Flying J, eventually taking a 38.6% controlling stake and deepening its commitment to the US economy.

Tue, 03 Oct 2017 13:09:08 GMT

Catalans stage out protests over referendum violence

On Tuesday, 15K demonstrators staged out protests in Barcelona over police violence during the disputed referendum on Catalonia's independence, stopping traffic and causing school and university shutdowns.

Tue, 03 Oct 2017 12:27:09 GMT

Ireland to ask bloc's top court to rule on US-EU data transfers

The High Court of Ireland is eager to ask Europe's top court to rule on whether to bar the way in which social media companies like Facebook transfer data of its users to the US.

Tue, 03 Oct 2017 12:11:38 GMT

Fiat Chrysler revokes 646K SUVs amid break issue

Fiat Chrysler recalled around 646K SUVs in the US with intention to check proper installation of the shields, which protect brake boosters.

Tue, 03 Oct 2017 10:51:18 GMT

Japan accepts three refugees in first half of 2017

The Japanese government reported on Tuesday that it had accepted only three asylum seekers during the first half of this year, despite record 8.6K fresh refugee applications received.

Tue, 03 Oct 2017 10:51:08 GMT

Westinghouse unit sells back 10% stake to Toshiba

On Thursday, Toshiba announced it would buy back a 10% stake in the struggling Westinghouse Electric for $522M, assuming full ownership over the bankrupt US unit.

Tue, 03 Oct 2017 09:59:35 GMT

IS takes responsibility for attack in Damascus

On Monday, the Islamic State took responsibility for a deadly attack on a police station in Damascus, in which not less than 17 people were killed.

Tue, 03 Oct 2017 09:59:26 GMT

Russian Aerospace Forces kills seven IS field commanders

According to the chief spokesman for the Russia's Ministry of Defence Major General Igor Konashenkov, over the last two days the Russian Aerospace Forces killed 304 Islamic State's fighters, including seven field commanders, on the East Bank of the Euphrates.

Tue, 03 Oct 2017 09:28:48 GMT

UBS may shed up to 30K workforce amid tech advances

Swiss bank UBS could cut about 30K workforce in the coming years due to technological advances in the industry of banking, its CEO Sergio Ermotti stated in an interview.

Tue, 03 Oct 2017 09:12:25 GMT

R3 CEV releases new blockchain version

The NY-based company R3 CEV launched its blockchain platform's new version, aiming to ease the use of nascent technology for financial firms.

Tue, 03 Oct 2017 08:32:08 GMT

Militants attack security camp in disputed Kashmir

On Tuesday, India's police killed two insurgents after they attacked the airport security camp in the disputed region of Kashmir.

Tue, 03 Oct 2017 08:23:11 GMT

Trump discusses ideas on immigration bill with Republicans

The US President Donald Trump was discussing the ideas on boarder security with Republican lawmakers on Monday, which Washington seeks to include in the immigration bill.

Tue, 03 Oct 2017 07:34:31 GMT

French police arrest few people after finding explosive device

On Tuesday, French police arrested some people after they had found an explosive device in Paris last week, reporting that one of them was "radicalised".

Tue, 03 Oct 2017 07:29:04 GMT

Trump to meet hurricane victims in Puerto Rico

The President Donald Trump is eager to visit Puerto Rico to meet the victims of the devastating Hurricane Maria to show how the government will help the survivors to recover.

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