News

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Thu, 23 Nov 2017 13:28:14 GMT

Peugeot-Citroen to recall 6K cars in Russia

According to Rosstandart, Peugeot-Citroen is planning to recall 2,971 Citroen C4 Aircross and 3,085 Peugeot 4008 vehicles across Russia, sold in the time period of 2012-2016.

Thu, 23 Nov 2017 11:59:02 GMT

Czech President to announce Cabinet on December 15

The Czech President Milos Zeman is planning to name Andrej Babis as country's Prime Minister on December 6 and announce the Cabinet on December 15.

Thu, 23 Nov 2017 11:58:49 GMT

Britain to debate Brexit withdrawal bill on December 4

According to the UK House of Commons, the Brexit withdrawal bill will be debated by the British Parliament starting from December 4 and will last for at least four days.

Thu, 23 Nov 2017 11:07:43 GMT

ThyssenKrupp reports record order intake

The German steel producer ThyssenKrupp reported on Wednesday an increase of 18% in its order intake this fiscal year, thus showing the highest annual advance since 2012.

Thu, 23 Nov 2017 10:55:19 GMT

Chinese stocks decline on Thursday

Chinese stocks edged lower on Thursday, as new regulations and investor shifts to larger-cap companies put downward pressure on the Asian market.

Thu, 23 Nov 2017 10:32:36 GMT

Duterte likely to lift police suspension from drugs war

The Philippine President Rodrigo Duterte is likely to return the police to his drugs war after suspension; a move that could retrigger protests by some activists accusing the police of committing murders.

Thu, 23 Nov 2017 10:18:43 GMT

US ceases travel to Myanmar's Rakhine for officials

The United States suspended travel for its officials to Myanmar's troubled Rakhine state, amid concerns over possible public outcries linked to Rex Tillerson's accusations of ethnic cleansing in Myanmar.

Thu, 23 Nov 2017 09:34:25 GMT

Chinese trade with North Korea fells in October

According to the data posted on Thursday, Chinese trade with North Korea plunged to $334.9M in October, reaching the lowest level since February, following tough sanctions imposed by the UN.

Thu, 23 Nov 2017 09:26:55 GMT

Mitsubishi Materials' units falsify product data

Mitsubishi Materials confirmed that its subsidiaries had falsified product data, including parts of automobiles and aircraft, for no less than a year.

Thu, 23 Nov 2017 08:27:39 GMT

China calls Northern cities to focus on smog war

China warned the Northern cities to comply with the rules designed to clear the skies and get serious in a war on smog, as some of them failed to improve the quality of air the previous month.

Thu, 23 Nov 2017 08:19:28 GMT

Amazon launches Australian trial on Thursday

On Thursday, Amazon.com Australia started an order-taking trial at 0400 GMT, a highly anticipated launch that weighted on the brick-and-mortar retail sector's shares.

Thu, 23 Nov 2017 07:34:55 GMT

PDVSA discusses credit with Statoil, Repsol, Rosneft, Eni

The Venezuelan PDVSA is in talks with Rosneft, Eni, Statoil and Repsol, as it seeks to get credit for its gas and oil projects.

Thu, 23 Nov 2017 07:30:17 GMT

Myanmar to sign Rohingya return accord with Bangladesh

Myanmar agreed on Tuesday to ink a deal with Bangladesh on terms for the Rohingya Muslims return due to concerns that Myanmar's army could prove obstructive.

Thu, 23 Nov 2017 06:17:55 GMT

SenseTme ready for IPO, seeks opening R&D centre in US

SenseTime, Chinese artificial intelligence start-up, was planning an IPO and aimed to create a research and development centre in the US next year.

Thu, 23 Nov 2017 06:16:39 GMT

China to enhance intellectual property protection

China's Premier Li Keqiang stated that it is important for the country's economy to strengthen intellectual property rights protection, as the cabinet pledged to enhance regulations.

Thu, 23 Nov 2017 05:21:28 GMT

Russia, Turkey, Iran agree to speed up Syria's peace process

The Presidents of Russia, Turkey and Iran agreed to proceed with joining efforts to encourage the shift to political settlement in Syria and restore stability in the war-stricken country.

Thu, 23 Nov 2017 05:20:46 GMT

Tesla finishes large battery's construction in Australia

Tesla completed construction of the biggest lithium-ion battery in the world for South Australia, its most wind power-dependent area, the country's government said.

Thu, 23 Nov 2017 04:28:32 GMT

Australia calls for strong US engagement in Asia, warns against China

Australia urged the United States to ensure a strong, sustained presence in Asia and enhance relationships with like-minded allies, while warning on China's growing influence.

Thu, 23 Nov 2017 04:24:44 GMT

Saudis agree to buy $7B worth precision munitions from US companies

Saudi Arabia agreed to purchase nearly $7B worth of precision munitions from the US defence contractors, sources with knowledge on the matter stated.

Thu, 23 Nov 2017 03:07:05 GMT

Facebook to allow users see if they followed Russia's accounts

Facebook is set to create a web page to let users see which Russia's propaganda profiles they followed or liked, after the US lawmakers called for being more open about the accounts' reach.

Thu, 23 Nov 2017 03:06:00 GMT

Fed minutes signals next rate hike in December

The Fed minutes revealed that the interest rate increase was most likely to be made in the near term, if data indicates that the sluggish inflation trend subsided.

Wed, 22 Nov 2017 21:05:12 GMT

Lebanon's Hariri revokes his statement of resignation

On Wednesday, the Prime Minister of Lebanon Saad al-Hariri decided to temporarily retain the post at the request of the country's President Michel Aoun, thus easing tensions in the region.

Wed, 22 Nov 2017 21:04:58 GMT

ITC to respond on Caterpillar's allegations against German firms

On Wednesday, the US International Trade Commission (ITC) announced that it had started an investigation into accusation that two German companies, Wirtgen GmbH and Joseph Voegele AG, violated on patents owned by the Caterpillar Inc.

Wed, 22 Nov 2017 20:10:58 GMT

Oil prices surge to $63.30

During Wednesday's trading session crude oil prices rose by 1.17% and settled down at $63.30 a barrel, as the US inventories decreased by 1.9M barrels last week, beating expectations of 1.6M barrels.

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