News

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Sat, 10 Mar 2018 18:04:42 GMT

Shkreli imprisoned for seven years

A former drug firm executive Martin Shkreli, also widely known as the "pharma bro", has been sentenced for seven years in jail for securities fraud.

Sat, 10 Mar 2018 18:04:11 GMT

Trump seeks "concrete steps" ahead of meeting with Kim Jong Un

The Press Secretary of the White House said that Donald Trump sought "concrete steps and concrete actions" by North Korea ahead of a meeting between him and Kim Jong Un.

Sat, 10 Mar 2018 17:03:23 GMT

Panasonic views selling security camera plant

Panasonic was considering selling the company's plant, which produces security cameras in China, in a deal that could fetch $450M, the Nikkei said.

Sat, 10 Mar 2018 16:58:03 GMT

India, France promise to move forward in nuclear power project

The leaders of India and France repeated the intention to start work on potentially world's biggest nuclear power project by the end of 2018.

Sat, 10 Mar 2018 15:50:28 GMT

Dommermuth calls internet providers to create joint company

The founder of United Internet Ralph Dommermuth called internet providers to establish a joint enterprise to create a high-speed broadband network in Germany, thus challenging Deutsche Telekom to support the project.

Sat, 10 Mar 2018 15:50:16 GMT

Japan suggests to be less emotional over US tariffs

The Trade Minister of Japan Hiroshige Seko suggested to calm down over Trump's decision to raise metal tariffs, as the new law contains various exemptions that can be used to avoid a trade war.

Sat, 10 Mar 2018 15:16:52 GMT

Turnbull: Trump pledges exemption from metal tariffs for Australia

The Prime Minister of Australia Malcolm Turnbull stated that the US President Donald Trump pledged him an exemption from tariffs on steel and aluminium announced last week.

Sat, 10 Mar 2018 15:13:02 GMT

AT&T lashes out US merger suit on $0.45 price rise

AT&T ridiculed the lawsuit by the US Justice Department against the Time Warner's proposed takeover, as the government's expert said that the deal is likely to raise pay-TV monthly price by $0.45.

Sat, 10 Mar 2018 14:04:46 GMT

Court allows ABLV Bank to keep its Luxemburg branch

In a statement released on Friday the Luxembourg court decided to reject a request from the local financial regulator to liquidate Latvian ABLV Bank's branch, noting that it has strong and stable financial position.

Sat, 10 Mar 2018 14:04:39 GMT

Tillerson cancels events in Kenya

The US Secretary of State Rex Tillerson cancelled all planned activities in Kenya for today due to health problems and asked to reschedule them on Sunday, his Spokesman Steve Goldstein told the media.

Sat, 10 Mar 2018 13:05:46 GMT

Turkey warns Cyprus against gas exploration

The Prime Minister of Turkey Binali Yildirim said on Saturday that continuation of "provocative" natural gas exploration around Cyprus will meet the "appropriate response".

Sat, 10 Mar 2018 13:05:37 GMT

China's steel exports to drop this year

The Chairman of Fujian Sangang Group Li Lizhang said on Saturday that Chinese steel exports are likely to plunge this year due to growing internal demand and stricter environmental regulations.

Sat, 10 Mar 2018 12:28:59 GMT

Germany and France delay EU reform presentation

According to Der Spiegel, the French President Emmanuel Macron and German Chancellor Angela Merkel have decided to cancel presentation of Euro Zone reforms at European leaders summit that will take place this month.

Sat, 10 Mar 2018 12:28:51 GMT

Xi warns against corruption in Chongqing

In a meeting with parliamentarians of the city of Chongqing the Chinese President Xi Jinping warned against corruption and called to ensure that family members do not become corrupt.

Sat, 10 Mar 2018 11:09:13 GMT

Deutsche Bank management to cancel bonuses

The CEO of Deutsche Bank John Cryan announced on Saturday that senior management will return their bonuses amid heavy criticism related to inability of the company to generate profit for third consecutive year.

Sat, 10 Mar 2018 11:08:21 GMT

Steve Bannon to participate at National Front's congress

A source familiar with the matter confirmed on Saturday that one of the closest Donald Trump's aides Steve Bannon will deliver a speech at congress of French far-right National Front.

Sat, 10 Mar 2018 10:07:26 GMT

Trump: deal with DPRK is "in the making"

The deal with the Democratic People's Republic of Korea is "very much in the making", the US President Donald Trump says.

Sat, 10 Mar 2018 10:06:36 GMT

Brazil seeks negotiations with US on tariffs

The Brazilian government seeks negotiations with the US on steel and aluminium import tariffs, the Brazilian Finance Minister Henrique Meirelles says.

Sat, 10 Mar 2018 09:38:48 GMT

Venezuela raises $5B from crypto currency pre-sale

Venezuela raised $5B from pre-sale of the country's crypto currency "Petro", the Venezuelan President Nicolas Maduro says.

Sat, 10 Mar 2018 09:37:59 GMT

BP to triple gas stations in Mexico in 2018

British oil and gas giant BP plans to triple the number of gas stations in Mexico in 2018 after the sector was opened up to competition, the Director Alvaro Granada says.

Sat, 10 Mar 2018 08:31:48 GMT

Greece to issue annual treasury bills

Greece will issue annual treasury bills on March 14 for the first time in 8 years, the Greek Public Debt Management Agency says.

Sat, 10 Mar 2018 08:30:52 GMT

South Sudan suspends UN radio

UN-aided Radio Miraya FM operations were suspended on Friday by South Sudan's media regulator as the radio failed to obtain a valid broadcasting license.

Sat, 10 Mar 2018 07:21:35 GMT

Mongolia Mining Expo starts in April

Mongolia holds the 2018 International Mining and Oil Expo in April with over 120 exhibitors from nations including China, Russia, Germany and Canada.

Sat, 10 Mar 2018 07:20:46 GMT

Zimbabwe needs $122M to clear mines

Zimbabwe, a densely mined country, seeks to raise $122M to clear land mines planted by the Rhodesian Security Forces in the late 1970s.

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