News

Note: This section contains information in English only.
Wed, 26 Jul 2017 05:10:18 GMT

Vietnam jails prominent dissident

Vietnamese Tran Thi Nga, who is a blogger, has been found guilty of spreading propaganda. The blogger has received a nine year sentence for posting government criticism online.

Wed, 26 Jul 2017 04:22:28 GMT

US securities regulators look into crypto currencies

The main regulator of Wall Street has announced that coin offerings should go through the same safeguard measures like traditional securities.

Wed, 26 Jul 2017 04:21:31 GMT

China will offer state giant stocks

The Chinese government has announced plans to reform all state owned giant firms into joint-stock companies by the end of 2017.

Wed, 26 Jul 2017 02:52:36 GMT

Apple to pay $506M in patent dispute

A US judge ordered Apple to pay $506M to the University of Wisconsin-Madison due to infringing on its patent related to computer processing technologies.

Wed, 26 Jul 2017 02:52:08 GMT

Kaspersky Lab to launch free antivirus across globe

Kaspersky Lab stated that it would launch a free-of-charge version of antivirus program to lower the US suspicion that the firm was vulnerable to influence of Russian government.

Wed, 26 Jul 2017 02:16:03 GMT

Apple CEO pledges to build 3 plants in US

Tim Cook, the Apple's Chief Executive Officer, promised Donald Trump to create three manufacturing plants in the US, contributing to job creation within the country.

Wed, 26 Jul 2017 02:15:07 GMT

AMD expects better-than-estimated quarterly revenue

Advanced Micro Devices anticipated its current quarter revenue to beat analysts' estimates and raised full-year forecasts amid robust demand for processors and graphic chips.

Tue, 25 Jul 2017 19:58:01 GMT

Building collapse kills eight in Mumbai

According to the local police and fire officials, an old building that collapsed in Mumbai, India, on Tuesday left eight people dead and trapped many others.

Tue, 25 Jul 2017 19:56:57 GMT

Trudeau: NAFTA argument resolution system is essential

On Tuesday, the Prime Minister of Canada Justin Trudeau said a fair argument resolution system was essential for any kind of trade treaties, including NAFTA.

Tue, 25 Jul 2017 19:08:41 GMT

SuperValu net income drops in Q1

The Cork-based supermarket chain SuperValu reported on Tuesday its net income dropped to $11M, or four cents per share, in the Q1 of 2017 down from $46M registered in the Q1 of 2016.

Tue, 25 Jul 2017 19:08:05 GMT

Taco Bell partners up with Lyft

On Tuesday, the American fast-food chain Taco Bell and Lyft, a US ride-hailing firm, said they would partner up to offer late-night taco runs to their customers.

Tue, 25 Jul 2017 18:11:40 GMT

Amazon Business's clientele tops 1M in US

Amazon Business, Amazon's marketplace launched in 2015, announced on Tuesday its customer tally had topped one million in the United States.

Tue, 25 Jul 2017 18:11:06 GMT

Walgreens relocates Tempe support centre to Chandler

On Tuesday, the second-largest US pharmacy store chain Walgreens said it would bring around 500 new positions to Chandler, Arizona, as it is relocating its Tempe support centre.

Tue, 25 Jul 2017 17:09:34 GMT

GM reports higher profits, pledges to cut inventory

General Motors reported stronger-than-expected net profit in the Q2 and promised to diminish production in the second half of 2017, aiming to curtail its inventory of unsold cars.

Tue, 25 Jul 2017 17:08:39 GMT

US consumer morale improves surprisingly in July

The Conference Board reported that its Consumer Confidence Index surged to 121.1 in July, hitting the highest level in 16 years, despite forecasts for a decline to 116.5 points.

Tue, 25 Jul 2017 15:53:27 GMT

IMF wants ECB to maintain stimulus

The International Monetary Fund called the European Central Bank to keep its accommodative monetary policy for a longer period, as inflation is set to remain below its target.

Tue, 25 Jul 2017 15:53:18 GMT

Trump praises progress on trade deal with UK, criticises EU

Donald Trump praised ongoing efforts on a post-Brexit trade agreement with Britain, while sharply criticised the EU trade relationship with the US.

Tue, 25 Jul 2017 15:13:58 GMT

German business confidence rises unexpectedly in July

The Ifo Institute for Economic Research showed that its Business Climate Index climbed to 116.0 points in July, beating analysts' expectations for a decline to 114.9.

Tue, 25 Jul 2017 15:13:08 GMT

World Bank urges Indonesia to rise investment in infrastructure

The government of Indonesia would need to double its spending on infrastructure to $500B in the next five years, the World Bank's top official said.

Tue, 25 Jul 2017 14:14:26 GMT

Daimler to hold supervisory board meeting over cartel issue

Daimler is eager to hold a supervisory board meeting on Wednesday over allegations regarding a cartel in the German car industry.

Tue, 25 Jul 2017 14:09:07 GMT

Ex-Trump campaign head to speak with Senate investigators

According to the NBC News, the former chief of the Donald Trump campaign Paul Manafort will talk to the Senate investigators in two days regarding the June 2016 meeting at the Trump Tower in New York.

Tue, 25 Jul 2017 13:31:27 GMT

BMW to produce Mini electric version at Oxford plant

BMW announced on Tuesday it had selected its Oxford factory as the location to construct an electric version of Mini, starting from 2019.

Tue, 25 Jul 2017 13:14:11 GMT

Davis calls UK courts to protect EU citizens' rights after Brexit

On Tuesday, the Brexit Minister David Davis urged British courts to protect the rights of the Europeans living in the UK after the country leaves the bloc.

Tue, 25 Jul 2017 12:31:54 GMT

UK jails man for life over beating child to death

On Tuesday, a London citizen Marvyn Iheanacho got a life imprisonment for beating his girlfriend's five-year-old child to death after a little boy had lost his shoe in a British park.

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