News

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Sat, 12 May 2018 14:54:55 GMT

Iran urges Muslims to develop science to end US hegemony

On Saturday, the Supreme Leader of Iran Ayatollah Ali Khamenei urged for unity among Muslims and urged to develop sciences, adding that it would not let countries such as the US to dominate in Muslim countries.

Sat, 12 May 2018 14:54:36 GMT

Macau billionaire sentenced to 4 years over corruption scandal

Macau real estate billionaire Ng Lap Seng was sentenced to four years by US federal judge for bribing former deputy ambassador for the Dominican Republic and former president of the UN General Assembly.

Sat, 12 May 2018 14:19:51 GMT

North Korea to deconstruct nuclear test site in May

According to the North Korean central information agency, North Korean authorities are planning to start the deconstruction of the nuclear test site on May 23-25 depending on the weather conditions. 

Sat, 12 May 2018 14:12:35 GMT

Trump and May agree to discuss Iran sanctions

The US President Donald Trump and the Prime Minister of the UK Theresa May agreed in a phone call that it needs to be discussed how US sanctions against Iran would affect companies working in the country.

Sat, 12 May 2018 13:22:37 GMT

Israel military closes Gaza border crossing

On Saturday, Israel stated that it will close the Kerem Shalom border crossing with Gaza after the border terminal was destroyed by protesting Palestinians, adding that it will be reopened after the repair. 

Sat, 12 May 2018 13:10:09 GMT

Iran foreign minister sets off on tour to preserve nuclear deal

The President of Iran Hassan Rouhani claimed that he had asked the Foreign Minister of Iran Mohammad Javad Zarif to set off on tour to negotiate with European leaders to preserve the nuclear deal. 

Sat, 12 May 2018 12:23:31 GMT

Senior Trump aide: protected immigrants need path to citizenship

Chief of Staff of the White House John Kelly claimed that immigrants from El Salvador, Haiti, Honduras and other states with a protected status need to have a pathway to citizenship.

Sat, 12 May 2018 12:09:58 GMT

Macedonia and Greece aimed to end name raw before EU summit

The Foreign Ministers of Macedonia and Greece met few days before EU summit to discuss the possible solution of Macedonia's name dispute which blocks Macedonia's aspiration to join NATO and EU.

Sat, 12 May 2018 11:22:12 GMT

Italian court lifts ban on Berlusconi from holding public office

On Friday, Italian tribunal lifted a ban on a former Prime Minister and the leader of "Forza Italia!" party Silvio Berlusconi, meaning that Berlusconi could run for a Prime Minister in the next election.

Sat, 12 May 2018 11:11:17 GMT

Trump presses car makers to build more vehicles in US

On Friday, the US President Donald Trump urged American car manufacturers to build more cars in the US during his meeting wih 10 senior executives of automakers at the White House.

Sat, 12 May 2018 10:22:19 GMT

SpaceX launches updated version of Falcon 9 rocket

On Friday, the updated version of Falcon 9 rocket, made specially for NASA eventual crewed missions, made a debut lanch from Florida, carrying Bangladeshi communications satellite into orbit.

Sat, 12 May 2018 10:09:57 GMT

Two US fighter jets intercept Russian bombers near Alaska

On Friday, two US F-22 fighter jets visually identified and intercepted two Russian TU-95 bombers in Air Defense Identification Zone, 200 miles off the west coast of Alaska.

Sat, 12 May 2018 09:35:09 GMT

Louis Dreyfus finalises $466M metals unit sale

On Friday, Louis Dreyfus Company completed its $466M sale of the metals business unit to China's investment fund, in its efforts to revive the company's profits by focusing on the core agriculture market.

Sat, 12 May 2018 09:14:03 GMT

Convergys discusses sale with potential buyers, shares rise

Convergys Corp, the call-centre operator, is in negotiations with multiple potential buyers, while its shares closed up 12.6% at $25.30 yesterday, bringing the company's market value to around $2.3B.

Sat, 12 May 2018 08:36:57 GMT

PSA's Opel halts staff buyouts amid wave of departures

Germany's automaker Opel had to suspend voluntary redundancies after its staff representatives had warned that a wave of layoffs, caused by the PSA Group's acquisition, could leave the company short of skilled employees.

Sat, 12 May 2018 08:32:04 GMT

Vivendi assures Italy's regulator of not controlling TIM

Vivendi, France's media group, assured Italy's market regulator Consob it is not controlling Telecom Italia, following a loss of the majority seats in the phone group's board due to May 4 shareholders' vote.

Sat, 12 May 2018 07:37:08 GMT

VMware CFO seen to turn down Uber's Finance Chief offer

Zane Rowe, the WMware's CFO stated he would refuse an offer to become Uber's Finance Chief, the Wall Street Journal reported on Friday.

Sat, 12 May 2018 07:32:35 GMT

Tesla's Field taking break, but not leaving company

Doug Field, Tesla's top Vice President of Engineering announced he would take a break from his work, but was not planning to leave the carmaker, Tesla's spokesman reported on Saturday.

Sat, 12 May 2018 06:37:11 GMT

Walmart aims to take India's Flipkart to public in four years

On Saturday, Walmart stated in a filing with US regulator that it was seeking to launch an initial public offering for India's Flipkart in as soon as four years.

Sat, 12 May 2018 06:33:43 GMT

China Three Gorges makes bid for Portugal's EDP worth $10.8B

On Friday, China Three Gorges launched a bid to acquire the Portuguese power firm EDP, bringing the total value of an offer to $10.83B, not including a 23% stake owned by China's CTG.

Sat, 12 May 2018 05:39:13 GMT

Ford to reopen truck plans in US

Ford Motor could proceed production of its F-150 pickups next Friday in Kansas City and Dearborn after it faced parts shortages due to a supplier fire, sources familiar with the matter stated.

Sat, 12 May 2018 05:35:17 GMT

China plans custody account to trim risks

China was considering the implementation of custody account for funds of the country's payment platforms, aiming to diminish financial risks in the rapidly-growing sector.

Sat, 12 May 2018 04:39:10 GMT

ZTE pays nearly $2.3B to US exporters in 2017

China's tech firm ZTE, which suspended its operations after the ban of the US Commerce Department on supplies to the business, paid nearly $2.3B to 211 US exporters last year, the company's senior official stated.

Sat, 12 May 2018 04:34:09 GMT

No trade war between US, Germany

The new ambassador of US to Germany stated that Washington's planned tariffs imposition on Europe's goods is unlikely to cause a trade war, adding that the country's president only targeted "a level playing field".

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