News

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Fri, 28 Jul 2017 09:00:22 GMT

Pakistan dismisses PM Sharif amid family wealth corruption probe

On Friday, the Court of Pakistan disqualified from the office the country's Prime Minister Nawaz Sharif, following a damning corruption inquiry into his family wealth.

Fri, 28 Jul 2017 08:09:28 GMT

48 injured as commuter train crashes in Barcelona station

On Friday, a commuter train crashed into buffer of a railway in the Barcelona's Francia station, leaving at least 48 people injured; hovewer, no deaths were reported at that moment.

Fri, 28 Jul 2017 07:52:07 GMT

Japan jobless rate drops to 2.8% in June

According to the Statistics Bureau, the unemployment rate in Japan fell to 2.8% in June, compared to the prior month's 3.1% reading, surpassing expectations for a decline to 3.0%.

Fri, 28 Jul 2017 07:28:01 GMT

Baidu profit soars on mobile, AI services in Q2

China's Baidu Inc posted an 83.5% rise in its Q2 profit as the company had been focusing on expanding its mobile and artificial intelligence services that raised earnings.

Fri, 28 Jul 2017 07:01:34 GMT

Kim Jong Nam suspected murderers to face trial on October 2

Malaysia's High Court announced it had set up a date for the trial of the two women suspected of killing the North Korea's leader half-brother Kim Jong Nam that would take place on October 2.

Fri, 28 Jul 2017 06:32:40 GMT

GM Cadillac to expand offering of sedans, electric vehicles

The General Motors Cadillac CEO Johan de Nysschen stated on Thursday that the firm was aimed  to expand its sedans line-up and produce more hybrids, sport utility and electric vehicles amid new market shifts.

Fri, 28 Jul 2017 06:24:49 GMT

Japanese Defence Minister resigns amid sinking support for PM

On Friday, Japan's Defence Minister Tamomi Inada stepped down from her post, following missteps and a series of gaffes at her ministry that led to a plunge in support for the Prime Minister Shinzo Abe.

Fri, 28 Jul 2017 05:08:11 GMT

Son of Mexico's drug kingpin hands himself over to US DEA

According to a Baja California official, the son of Damaso Lopez Nunez, a detained Mexican drug kingpin, surrendered to the US Drug Enforcement Administration.

Fri, 28 Jul 2017 05:07:42 GMT

Wells Fargo to reimburse 570K wrongly charged customers

Late on Thursday, Wells Fargo said it would refund about $80M to approximately 570K customers hit by wrong car loan insurance charge.

Fri, 28 Jul 2017 04:15:23 GMT

Japan to impose extra sanctions on North Korea

On Friday, the Japanese Foreign Minister Fumio Kishida said the country would join the US in imposing extra sanctions on North Korea over its weapons programmes.

Fri, 28 Jul 2017 04:14:47 GMT

Australian producer prices jump 0.5% in Q2

According to the data released by the Australian Bureau of Statistics, the country's PPI posted a 0.5% uptick during the Q2, matching analysts' estimates.

Thu, 27 Jul 2017 20:09:02 GMT

Amazon's CEO becomes world's richest person

According to Forbes, Amazon.com Inc's CEO Bezos has become the richest person in the world, overpassing Bill Gates, reaching a fortune of $90.6B amid latest stock rise.

Thu, 27 Jul 2017 20:07:30 GMT

Pentagon not to adopt changes to transgender policy

The US Top General stated that the Pentagon's policy on transgender personnel has not been changed, even after President Trump announced his desire to ban them.

Thu, 27 Jul 2017 19:08:13 GMT

Digital rights group warns Blackstone over NSO Group

Access Now, the digital rights group, has begun circulating the petition that urged Blackstone Group to give up possible investments in Israel's NSO Group, since the deal might be imminent. 

Thu, 27 Jul 2017 19:07:01 GMT

US approves upgrades for 326,000 VW vehicles

The California Air Resources Board and the US Environmental Protection Agency had approved a fix for 326,000 Volkswagen AG diesel cars, which included software and hardware upgrades.

Thu, 27 Jul 2017 18:04:42 GMT

EU supports Russia sanctions over Siemens gas turbines

The EU states supported Germany's proposal to blacklist Russian companies and several more nationals who have delivered Siemens gas turbines to Crimea.

Thu, 27 Jul 2017 18:02:34 GMT

Germany withdraws Porsche Cayenne vehicles amid emission software

Germany's Transport Minister stated that Porsche Cayenne vehicles that were equipped with 3 litre diesel engines should be withdrawn due to integrated illegal emission managing software.

Thu, 27 Jul 2017 17:20:44 GMT

US natural gas supplies up 17B cubic feet last week

In the week ended July 21, the domestic natural gas supplies increased by 17B cubic feet, data released by the US Energy Information Administration revealed on Thursday.

Thu, 27 Jul 2017 17:19:58 GMT

US goods trade deficit shrinks to 63.9B

The US goods trade deficit shrank to 63.9B over the month of June following the downwardly-revised figure of 66.3B posted May, the US Bureau of Economic Analysis reported on Thursday.

Thu, 27 Jul 2017 16:59:53 GMT

US jobless claims add 10K last week

On Thursday, the US Department of Labour reported that the number of Americans filing for unemployment insurance rose 10K to 244K in the week ended July 22.

Thu, 27 Jul 2017 16:59:35 GMT

US durable goods orders soar 6.5% in June

According to the US Census Bureau, June durable goods orders advanced 6.5% following the upwardly-revised 0.8% drop registered in the previous month.

Thu, 27 Jul 2017 14:58:32 GMT

Euro zone's annual private loans unchanged in June

The ECB reported on Thursday that the annual rate of adjusted new private sector loans was at 2.6% for the month of June, unchanged from the prior reading.

Thu, 27 Jul 2017 14:58:10 GMT

Spanish jobs market improves in Q2

Data released by the Spanish National Statistics Institute on Thursday revealed that the number of employed people surged by 375K in the Q2 of 2017.

Thu, 27 Jul 2017 13:56:44 GMT

UK top economist Ramsden named as new BoE deputy

The British Finance Ministry announced on Thursday that the UK Chief Economic Adviser Dave Ramsden became a new Deputy Governor for banking and markets of the BoE.

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