News

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Tue, 18 Jul 2017 17:06:27 GMT

US import prices match forecasts

Data released by the US Bureau of Labour Statistics suggested that the country's import prices dropped 0.2% in June having declined 0.1% in the preceding month.

Tue, 18 Jul 2017 15:55:51 GMT

PayPal and Visa prolong partnership to Europe

On Tuesday, Visa and PayPal announced they were prolonging their Asia and US partnership to Europe. As a result, shares of both firms went up at the start of the NY trading session.

Tue, 18 Jul 2017 15:55:29 GMT

German ZEW economic sentiment little changed in July

The German ZEW Economic Sentiment Indicator remained below the 23.8-point long-term average for the month of July, falling 1.1 points from the previous reading to come in at 17.5.

Tue, 18 Jul 2017 15:04:36 GMT

UK June Retail Price Index comes in at 3.5%

On Tuesday, the fresh report released by the Office for National Statistics revealed the Retail Price Index for the UK came in at 3.5% over the month of June.

Tue, 18 Jul 2017 15:04:13 GMT

British CPI slows in June

According to the data released by the Office for National Statistics on Tuesday, the British Consumer Price Index dropped to 2.6% y/y in June.

Tue, 18 Jul 2017 14:22:14 GMT

France's videogame maker Atari launches new console

The French videogame producer Atari SA launched the details of its new "Ataribox" console, revealing its types and some upgraded features.

Tue, 18 Jul 2017 13:55:48 GMT

Italy intends to issue migrants temporary visas

Italy is willing to issue temporary visas for migrants that would let them to travel around the EU, following the country's intention to pressure the bloc states to do more to ease migration crisis.

Tue, 18 Jul 2017 13:22:56 GMT

600K German jobs may be at risk amid car engine ban

The Ifo economic institute stated on Tuesday that over 600K of job positions in Germany might be at risk by 2030 amid a potential ban on the internal combustion engine vehicles.

Tue, 18 Jul 2017 12:32:59 GMT

Britain's May calls ministers to show unity and strength

On Tuesday, the UK Prime Minister Theresa May called her senior team of the ministers to show their unity and strength on the back of her Conservative Party's majority loss In the June 8 election.

Tue, 18 Jul 2017 12:22:44 GMT

Porsche considers switching to electric cars, exit diesel

The luxury carmaker Porsche is weighing whether to switch to electric cars instead of diesel vehicles, following Volkswagen's emissions fraud scandal that is putting Porsche in a bad light.

Tue, 18 Jul 2017 11:23:40 GMT

Madagascar appoints central bank's chairman as new FM

According to the Madagascar Presidency, the former Central Bank's board member Vonintsalama Andriambololona was named as a new Finance Minister on the next day after Gervais Rakotoarimanana had resigned.

Tue, 18 Jul 2017 11:23:22 GMT

2018 US budget plan to allow tax reform to pass Congress

The Republicans in the US House of Representatives revealed the fiscal 2018 budget plan on Tuesday that would let a tax reform to pass through the Congress without Democrats' support.

Tue, 18 Jul 2017 10:19:46 GMT

NOC's Sanalla to attend oil meeting in St. Petersburg

Mustafa Sanalla, the chairman of Libya's National Oil Corporation (NOC), revealed its plans to represent Libyan delegation at OPEC and non-OPEC oil producers meeting in Saint Petersburg on July 22.

Tue, 18 Jul 2017 10:19:25 GMT

Jehovah's Witnesses plans to challenge Russian ban

The Jehovah's Christian Witnesses are planning to challenge a ban imposed by the Russia's Supreme Court in the European Court of Human Rights, claiming that all other available remedies have been exhausted.

Tue, 18 Jul 2017 09:33:34 GMT

Trump to put sanctions if Maduro creates Constituent Assembly

The US President Donald Trump warned on Monday that he would impose severe sanctions on Venezuela, in case the country's leader Nicolas Maduro created a Constituent Assembly in a scheduled vote on July 30.

Tue, 18 Jul 2017 09:20:57 GMT

Couple's frozen bodies found on Swiss glacier after 75 years

On Tuesday, two frozen bodies of Marcelin and Francine Dumoulin were found on a Swiss glacier after they had gone missing in the Alps 75 years ago.

Tue, 18 Jul 2017 08:33:18 GMT

Poland's Parliament votes to launch debates on judiciary bill

On Tuesday, the Polish Parliament's lower house voted to start negotiations on a bill that the opposition believed would erode the independence of judges.

Tue, 18 Jul 2017 08:05:46 GMT

21 dead amid dengue outbreak in India

According to the Indian government's officials, no less than 21 people died after a dengue outbreak hit the Southern state of Kerala three weeks ago.

Tue, 18 Jul 2017 07:34:07 GMT

Turkey's Erdogan to visit Gulf states on July 23-24

The President of Turkey Tayyip Erdogan is eager to visit Qatar, Kuwait and Saudi Arabia on July 23-24 following the attempts to find a solution to the Gulf crisis.

Tue, 18 Jul 2017 07:26:17 GMT

Samsung to recover rare metals from revoked Note 7

Samsung is willing to recover about 157 tonnes worth of rare metals out of the recalled Galaxy Note 7 phones amid company's intention to reuse the components and minimise the environmental impact of its devices.

Tue, 18 Jul 2017 06:34:54 GMT

Australian Greens loses senator over dual citizenship

The Australian Greens party Senator Larissa Waters was forced to resign on Tuesday as she had a dual citizenship, which made her ineligible for the office.

Tue, 18 Jul 2017 06:31:51 GMT

Electric car start-up hires BMW's Kranz as CTO

The BMW executive Ulrich Kranz joined the electric vehicle start-up Faraday Future as Chief Technology Officer as the company pushes to accelerate its FF91 electric SUV production.

Tue, 18 Jul 2017 05:09:44 GMT

Duterte asks Congress to extend martial law until 2018

Rodrigo Duterte, the President of the Philippines, had asked the Congress to prolong martial law in island of Mindanao until 2018 to allow the army to eradicate Islamic terrorists.

Tue, 18 Jul 2017 05:09:24 GMT

6.4 earthquake hits Peru

The US Geological Survey said that a 6.4 magnitude earthquake had hit a territory located 200 km southwest of Puquio on Monday; no reports of casualties or damage.

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