News

Note: This section contains information in English only.
Thu, 24 Aug 2017 04:15:37 GMT

ECB Hansson not concerned about Euro strength

Ardo Hannson, the ECB policymaker, stated that there was no concerns on the strength of the Euro, as the bank's officials were preparing to talks on unwinding bond-buying program.

Thu, 24 Aug 2017 04:15:06 GMT

HP reports 16.4% higher notebook sales in fiscal Q3

HP reported that personal systems unit's revenue rose 12% to $8.4B in the three months period to July, with the strongest increase of 16.4% in notebook sales.

Thu, 24 Aug 2017 02:57:53 GMT

GE, ABB return to talks on industrial solutions deal

General Electric resumed negotiations over selling industrial solutions business to ABB, the Swiss engineering company, for nearly $2B.

Thu, 24 Aug 2017 02:57:41 GMT

Uber booking increase in Q2, loss diminishes

Uber reported that its quarterly bookings rose 16%, while loss narrowed, compared with the previous period, as the company started to inch toward profitability.

Thu, 24 Aug 2017 02:02:13 GMT

Canada fears over possible increase in refugees

Canada fretted about a possible surge in asulym seekers entering the country from the United States, putting pressure on its PM Justin Trudeau before elections in 2019.

Thu, 24 Aug 2017 02:00:45 GMT

Mexico set to introduce new methodology for inflation in 2018

Mexico is likely to introduce a new inlation methodology in the last six months of 2018, which would include more products and measures from more small towns.

Wed, 23 Aug 2017 20:06:38 GMT

Trump to meet Prime Minister Razak in September

According to the White House, the US President Donald Trump will meet with scandal-hit Malaysian Prime Minister Najib Razak on September 12.

Wed, 23 Aug 2017 19:06:28 GMT

Ryan believes government shutdown is not necessary

On Wednesday, the US House of Representatives Speaker Paul Ryan noted that the government shutdown proposed by the US President Donald Trump is meaningless and unwanted by parliamentarians.

Wed, 23 Aug 2017 19:01:17 GMT

Brazil consumer inflation hits 18-year low

The IBGE agency reported that consumer prices in Brazil decreased to 2.68% over the course of August, which represents the new 18-year low level.

Wed, 23 Aug 2017 18:12:50 GMT

Merkel says war with North Korea is not inevitable

On Wednesday, the German Chancellor Angela Merkel said that a war with North Korea can be avoided and Germany is ready to help to find a necessary diplomatic solution.

Wed, 23 Aug 2017 18:12:31 GMT

US new home sales fall amid rising prices

On Wednesday, the US Commerce Department revealed that new home sales plunged to 9.4%, which represents the lowest level since December 2016.

Wed, 23 Aug 2017 17:18:00 GMT

Saudis, Iran set to exchange diplomatic visits

Iranian Foreign Minister stated that Saudi Arabia and Iran would exchange diplomatic visits in the near future, suggesting a thaw in reationships between both countries.

Wed, 23 Aug 2017 17:17:17 GMT

Google to name new Android OS as world's favourite cookies OREO

Google announced that the next version of Android OS is set to be named after the world's favourite biscuits OREO, keeping the tradition of calling each new release as sweet treats.

Wed, 23 Aug 2017 16:15:46 GMT

UK banks to close record number of 762 branches in 2017

British banks are likely to shut record-high amount of 762 branches during this year, aiming to diminish costs by pushing business online.

Wed, 23 Aug 2017 16:13:17 GMT

Scotland's budget deficit edges down to 8.3% of GDP

Scottish budget deficit was 8.3% in the fiscal year to March, down from the prior year's 9.3%, as the country's oil-dependent economy tried to cope with a downturn in the oil sector.

Wed, 23 Aug 2017 15:16:15 GMT

EZ business growth maintains solid pace of growth in August

Euro zone business expansion maintained firm pace of growth in August, as manufacturing showed the strongest performance in more than 6 years, offsetting a slowdown in the services sector.

Wed, 23 Aug 2017 15:15:25 GMT

New home sales in US fall to seven-month low in July

The Commerce Department reported that sales of new single-family homes in the US fell unexpectedly to the weakest level in seven months in July, suggesting slower recovery in the housing market.

Wed, 23 Aug 2017 14:00:36 GMT

El Al Israel Airlines bet on Boeing 787

On Wednesday El Al Airlines received first of the ordered Boeing 787 Dreamliners. The company aims to win back customers by renewing its fleet.

Wed, 23 Aug 2017 13:59:53 GMT

Chad expels Qatar diplomats

On Wednesday Chad accused Qatar of trying to destabilize the country and has given Qatar diplomats ten days to leave the country.

Wed, 23 Aug 2017 13:16:22 GMT

Macron heads east

This week the President of France Emmanuel Macron is set to go on a three day tour around eastern and central Europe.

Wed, 23 Aug 2017 13:15:40 GMT

House to house drug tests are conducted in Philippines

It has been reported by Reuters that Philippines police is conducting house to house drug tests in Manila's poorest neighbourhoods. However, the tests are not mandatory.

Wed, 23 Aug 2017 11:58:48 GMT

New Japanese robot role gets introduced

A Japanese company recently brought to the market a new type of robot. This version acts as Buddhist priest for the purpose to be hired at funerals.

Wed, 23 Aug 2017 11:58:38 GMT

Lowe's misses earnings estimates

Lowe's Companies Inc on Wednesday released lower than expected earnings results. The company also warned that the tendency is set to continue to increased marketing spending.

Wed, 23 Aug 2017 11:17:04 GMT

Source: Toshiba sells $58.5M in stock of Mitsubishi UFJ

According to a source familiar with the matter, Japan's giant Toshiba sold $58.5M in shares of the Mitsubishi UFJ Financial Group, as the conglomerate experienced certain difficulties after bankruptcy of its nuclear business in the US.

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