News

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Wed, 27 Dec 2017 15:58:01 GMT

Shell calculates $2-2.5B benefit from US tax overhaul

Royal Dutch Shell could save around $2-2.5B from the new US tax overhaul due to a decrease in deferred tax assets, the company said on Wednesday.

Wed, 27 Dec 2017 15:24:50 GMT

Niki Airline to pay monthly wages to its staff in Austria

On Wednesday, Niki airline's administrator Lucas Floether vowed that about 790 insolvent company's staff would be paid their monthly wages for the last month of 2017.

Wed, 27 Dec 2017 14:50:35 GMT

Ex-Zimbabwe army chief to be sworn in as Vice President

The former army head Constantino Chiwenga will be sworn in as the Vice President of Zimbabwe on Thursday, the state-run Broadcasting Corporation reported on Wednesday.

Wed, 27 Dec 2017 14:12:33 GMT

Israel seeks building 'Trump Station' close to Western Wall

Israel seeks to construct a new train station close to the Western Wall and name it after Donald Trump in gratitude for recognising Jerusalem as the country's capital.

Wed, 27 Dec 2017 14:02:10 GMT

Airbus miight axe A380 jets if loses Emirates deal

Airbus is ready to phase out the A380 superjumbo's production, in case the company fails to win the key deal from Emirates Airlines.

Wed, 27 Dec 2017 13:34:51 GMT

Huawei's China sales head arrested over bribery

The China Sales Chief of Huawei Technologies was detained for the suspected bribe-taking that triggered an investigation in the world's biggest smartphone maker.

Wed, 27 Dec 2017 13:31:10 GMT

Russia limits US military observation flights from Jan. 1

Russia is set to limit the US military observation flights over the country starting from the first day of the next year in response to a similar move by the United States.

Wed, 27 Dec 2017 12:19:04 GMT

Russia's Putin officially becomes candidate for presidency

On Wednesday, Russia's election commission accepted Vladimir Putin's documents applied to register him as a Presidency candidate in the next March's ballot.

Wed, 27 Dec 2017 12:04:23 GMT

Nissan to recall over 106K cars in Russia

According to the Russia tech-safety watchdog Rosstandart, Japan's carmaker Nissan Motor is set to recall 106,340 vehicles in Russia, affecting the majority of models produced between 2001 and 2012.

Wed, 27 Dec 2017 10:50:47 GMT

Macron pressures Saudi king

The President of France Emmanuel Macron called for a lifting of the blockade of Yemen. It was done during a phone call with King Salman of Saudi Arabia.

Wed, 27 Dec 2017 10:50:07 GMT

Hundreds get fired in Uzbek Ministry of Finance

A purge has taken place in the Ministry of Finance of Uzbekistan, as 562 employees have been fired on Wednesday.

Wed, 27 Dec 2017 10:20:18 GMT

GE to raise stake in Arcam to over 90%

On Wednesday, General Electric announced it would increase the stake in Sweden's 3D printer maker Arcam to over 90% from 77%, buying the firm's shares for $41.44 per each.

Wed, 27 Dec 2017 10:10:09 GMT

China to extend tax rebates for NEVs until 2020-end

China is planning to prolong a tax rebate on the new-energy vehicle purchases until the 2020-end, the Finance Ministry stated on Wednesday.

Wed, 27 Dec 2017 09:32:21 GMT

Turkey to receive four Russia's S-400 missile divisions

Russia is planning to supply Turkey with four S-400 missile divisions in a deal worth $2.5B, Rostec's head Sergei Chemezov stated on Wednesday.

Wed, 27 Dec 2017 07:53:49 GMT

Kid Digital's head, associate convicted of fraud schemes

On Tuesday, the ex-Kit Digital business associate and CEO were convicted of wide-ranging fraud schemes, linked to the bankrupt video tech firm.

Wed, 27 Dec 2017 07:53:34 GMT

China's ruling party to hold talks on amending constitution

Chinese ruling Communist Party is set to hold talks next month over amending the constitution and the ongoing graft fight ahead of March's passing of a new anti-corruption rule.

Wed, 27 Dec 2017 07:33:56 GMT

Haiti ex-PM barred from travel due to corruption probe

On Tuesday, the former Haiti's Prime Minister was banned from travel to other countries on the back of the launched corruption probe with 12 people being arrested, including officials.

Wed, 27 Dec 2017 07:26:11 GMT

Cambodia's Hun Sen seeks another decade in power

On Wednesday, Cambodia's Prime Minister Hun Sen vowed he would seek extending his 30 years in power by 10 years more, following the main opposition party dissolution ahead of the 2018 general election.

Wed, 27 Dec 2017 05:50:16 GMT

Apple faces lawsuits

After the fraud done by the Apple Company by slowing down old Apple devices, the company faces charges, as already eight lawsuits have been filed in various courts.

Wed, 27 Dec 2017 05:50:06 GMT

Head of Samsung denies charges

Jay Y. Lee, who was seen as the heir to the Samsung empire, has denied the charges of bribing the ex-president of South Korea.

Wed, 27 Dec 2017 05:21:07 GMT

China tells Taiwan to get used to drills

On Wednesday Chinese officials announced to Taiwan that the country will need to get used to Chinese air force doing drills near the Island.

Wed, 27 Dec 2017 05:20:36 GMT

Commodities rally on Wednesday morning

Bullish views on commodity demand in China pushed various commodities like oil and metals to multi year peak prices.

Wed, 27 Dec 2017 04:30:47 GMT

China's regulator to monitor closely surge in chip price

Chinese economic regulator is set to closely monitor a recent gain in the price of mobile storage chips and look into likely price fixing by firms.

Wed, 27 Dec 2017 04:30:18 GMT

Spanish government decides to increase minimum wage

Mariano Rajoy, the Prime Minister of Spain, signed an agreement with companies' and unions' representatives to raise minimum wage by 4% next year.

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