News

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Mon, 31 Jul 2017 17:09:40 GMT

Airbus to set up research and innovation centre in China

Airbus, the European planemaker based in France, stated that the company would set up research and innovation centre in China, aiming to supports its future services and products.

Mon, 31 Jul 2017 17:07:13 GMT

German employment at highest level in June

The Germany's Federal Statistical Office reported that a total of 44.2M individuals within the country were employed in June, the strongest figure since 1990.

Mon, 31 Jul 2017 16:08:01 GMT

US companies to hold back investment amid political uncertainty

Fed's Stanley Fischer stated that US companies are likely to hold back on investing due to uncertainties over the future of government policies.

Mon, 31 Jul 2017 16:06:59 GMT

HSBC to spend up to $300M on relocation

HSBC is expected to spend up to $300M on partial relocation of its business and moving jobs to Paris after the UK quits the European Union.

Mon, 31 Jul 2017 15:02:11 GMT

US pending home sales rise more than expected in June

Pending home sales in the US increased 1.5% in June, compared with forecasts for a 0.7% gain, suggesting the healthy growth of the country's housing sector.

Mon, 31 Jul 2017 15:01:00 GMT

Euro zone's core inflation rises unexpectedly in June

Core inflation in the Euro zone accelerated at a stronger-than-expected pace of 1.3% in July, compared with 1.2% in June, preliminary data showed on Monday.

Mon, 31 Jul 2017 14:00:56 GMT

Charter's shares jump 14% after Sprint deal refusal

On Monday, the shares of the US cable operator Charter Communications surged about 14% after the company announced that it had no interest in acquiring the wireless carrier Sprint.

Mon, 31 Jul 2017 13:51:36 GMT

Euro zone jobless rate drops to 9.1% in June

According to Eurostat, the unemployment rate in the Euro zone slightly fell to 9.1% in June, missing expectations for an unchanged reading of 9.2%.

Mon, 31 Jul 2017 13:18:19 GMT

Germany calls EU for counter moves against US over Russia sanctions

On Monday, Germany called the EU to consider counter-measures against the United States over the proposed sanctions on Russia that could harm the European companies as sanctions violated international laws.

Mon, 31 Jul 2017 12:58:40 GMT

Iraqi official rescued from Kabul's embassy during attack

On Monday, the Iraqi chargé d'affaires was rescued from the embassy in the Afghani capital of Kabul during an attack claimed by the Islamic State militants.

Mon, 31 Jul 2017 12:08:36 GMT

Discovery to buy Scripps Networks Interactive for $14.6B

Discovery Communications and Scripps Networks Interactive clinched a $14.6B acquisition deal that would combine the two cable networks companies known mostly for non-scripted and lifestyle content.

Mon, 31 Jul 2017 11:58:15 GMT

UK-EU free movement of people to end after Brexit

According to the UK PM Theresa May's spokesman, people's freedom of movement between the European Union and Britain will end after the Brexit in March 2019.

Mon, 31 Jul 2017 11:31:17 GMT

UK strips jihadist passports

Authorities of the United Kingdom have stripped 150 suspected jihadists from their citizenship. The move comes as a part of new counter terrorism efforts.

Mon, 31 Jul 2017 11:31:07 GMT

Chinese will invest $300 million in Abu Dhabi

An alliance of five Chinese companies will begin their activities in Abu Dhabi with a $300 million investment.

Mon, 31 Jul 2017 10:13:12 GMT

Islamic State to blame for Kabul attack on Iraqi embassy

On Monday, the Islamic State assumed responsibility for a suicide bomb attack on the Iraq's embassy in Kabul, killing at least seven guards.

Mon, 31 Jul 2017 10:04:54 GMT

Indian Snapdeal to remain independent from rival Flipkart

On Monday, India's e-commerce company Snapdeal announced it would remain independent from its rival Flipkart after months of negotiations over its acquisition deal worth around $950M.

Mon, 31 Jul 2017 09:29:34 GMT

Pakistani ousted PM's ally named to replace him

The ousted Prime Minister of Pakistan Nawaz Sharif will be replaced by his close ally Shahid Khaqan Abbasi on Tuesday as part of a plan for a smooth transition by the ruling party.

Mon, 31 Jul 2017 08:31:08 GMT

Turkey detains over 1K people in anti-terror raids

Turkey's authorities detained more than 1K of suspects in the alleged connections to 2016 failed coup attempt or militant groups during the latest anti-terror raids last week.

Mon, 31 Jul 2017 08:06:18 GMT

India to order around 2.1K air planes over 20 years

Boeing expects Indian airlines to order about 2.1K of new aircraft for the price of $290B over the following 20 years, the highest forecast ever for the Asian third-largest economy.

Mon, 31 Jul 2017 07:30:37 GMT

UK not to lower taxes below EU average after Brexit

Britain is not aimed to cut taxes below the European average in order to stay competitive after its withdrawal from the bloc, but seeks to keep a recognisable EU social and economic model.

Mon, 31 Jul 2017 07:22:10 GMT

Thailand's 80% of tsunami warning systems requires maintenance

According to Thailand's Disaster Prevention Department, the country's tsunami warning system requires maintenance work since it has been set up in 2006.

Mon, 31 Jul 2017 06:32:59 GMT

US looks into sanctions on Venezuela's oil sector

Trump's Administration is seeking to impose the US sanctions on the vital oil sector of Venezuela as a response to its constitutional super-body election that Washington had already denounced as an invalid vote.

Mon, 31 Jul 2017 06:26:50 GMT

Australia enhances airport security after plane bomb plot

Australia increased its airport security measures after the police intervened an alleged plot for a plane bomb attack, the country's immigration minister stated on Monday.

Mon, 31 Jul 2017 05:09:00 GMT

Australia's CB expected to keep interest rates unchanged

The Reserve Bank of Australia is widely expected to leave its interest rates unchanged at a record low of 1.50% at its next meeting scheduled on Tuesday.

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