News

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Wed, 26 Apr 2017 19:05:50 GMT

US may quit NAFTA: Trump administration

According to Trump administration's senior official, a draft of the executive order to withdraw the US from the NAFTA had been under consideration.

Wed, 26 Apr 2017 18:22:55 GMT

Automakers object VW's plan to invest $2B in electric car projects

Major automakers have objected Volkswagen's desire to atone for the cheating on diesel emission by investing $2B in nationwide electric car projects and infrastructure. 

Wed, 26 Apr 2017 18:12:22 GMT

Society to be willing to go cash-free: ING bank

According to ING bank's survey, at least a third of Americans and Europeans would be happy to go cash-free and would use only electronic payment forms, including contactless cards and e-wallets. 

Wed, 26 Apr 2017 17:01:51 GMT

Levada Center poll: 52% of Russians do not trust PM

A Levada Center opinion poll released on Wednesday showed 52% of Russian citizens want the current Prime Minister Dmitry Medvedev to leave his post.

Wed, 26 Apr 2017 17:01:13 GMT

Mnuchin affirms POTUS to offer 15% corporate tax rate

Steven Mnuchin, the US Treasury Secretary, confirmed the President Trump would unveil his proposal for cutting the corporate tax rate to 15% from the previously planned 35%.

Wed, 26 Apr 2017 16:12:16 GMT

Tesla's Model X and Model S safety ratings drop on AEB absence

Consumer Reports lowered its score for Tesla's Model S, a luxury sedan, and Model X, a midsize SUV, as the carmaker has not yet activated an AEB feature in these cars.

Wed, 26 Apr 2017 16:11:31 GMT

US crude oil inventories fall 3.6M barrels last week

According to the US Energy Information Administration, crude oil inventories dropped 3.6M barrels last week, while analysts predicted a 1M barrels fall.

Wed, 26 Apr 2017 15:06:21 GMT

UBS Consumption Indicator comes in at 1.50 in March

The Consumption Indicator released by USB stood at 1.50 over the month of March, up 0.05 from the downwardly revised reading of 1.45 registered in February.

Wed, 26 Apr 2017 15:04:47 GMT

Canadian retail sales drop 0.6% in February

Statistics Canada reported retail sales in the country plummeted 0.6% to $47.8B over the month of February, with lower motor vehicle sales being the main drag behind the decline.

Wed, 26 Apr 2017 14:34:43 GMT

China calls for peaceful solution on Korea peninsula

On Wednesday, the Foreign Minister of China Wang Yi called all sides to relax tensions over the Korean peninsula and to find a peaceful solution on the issue.

Wed, 26 Apr 2017 14:18:43 GMT

JPMorgan to open new back office centre in Warsaw

The US bank JPMorgan & Chase is seeking to open new back office operations centre in Warsaw that could employ about several thousands of people.

Wed, 26 Apr 2017 13:30:33 GMT

Russia's military jet fighter crashes down in Siberia

On Wednesday, the Russian Defence Ministry stated that a MiG-31 jet fighter crashed down in the Eastern Siberia, but both pilots were able to safety eject from the aircraft.

Wed, 26 Apr 2017 13:08:56 GMT

PepsiCo posts 1.6% jump in Q1 revenue

PepsiCo reported strong quarterly results showing its revenue surged 1.6% to $12B from $11.9B the previous year amid growing demand for its healthier snacks and drinks.

Wed, 26 Apr 2017 12:21:23 GMT

Twitter reports 6% rise in monthly users' growth

Twitter posted its quarterly report with a 6% rise in the average number of the monthly active users that increased to 328M from the previous year.

Wed, 26 Apr 2017 12:06:57 GMT

French ex-President Sarkozy to vote for Macron

On Wednesday, the former President of France Nicolas Sarkozy stated he was eager to vote for the centrist presidential nominee Emmanuel Macron.

Wed, 26 Apr 2017 11:31:51 GMT

German Zypries to visit Beijing for New Silk Road summit

Germany's Economy Minister Brigitte Zypries is eager to attend the New Silk Road summit in the Chinese capital next month over the plan aimed to knit Europe, Asia and Africa.

Wed, 26 Apr 2017 11:06:54 GMT

HRW official receives Israeli work visa after initial denial

The US Human Rights Watch researcher Omar Shakir was granted an Israeli work permit after the initial denial as the United States had criticised the Israel's rejection and allegations over the group promoting a "Palestinian propaganda".

Wed, 26 Apr 2017 09:59:24 GMT

Campaign team confirms cyber-attacks on Macron

Emmmanuel Macron, one of the front-runners in the French Presidential Election has experienced several cyber-attacks since the beginning of the year, his campaign team confirmed on Wednesday.

Wed, 26 Apr 2017 09:54:50 GMT

Gas attack ordered by Assad, French intelligence reports

An investigation by the French intelligence led to a conclusion that the sarin gas attack was executed following the orders of Bashar al-Assad by parties loyal to him.

Wed, 26 Apr 2017 09:30:02 GMT

Uber violates transport law in South Korea

On Wednesday, South Korea's Court ruled that Uber Technologies had violated transport law by illegal use of the private cars for commercial purposes.

Wed, 26 Apr 2017 09:02:40 GMT

Turkey arrests 800 suspects linked to US-based cleric

Turkish government had maintained one of the major operations these months against the US-based cleric Fethullah Gulen and detained 800 people over suspected links to the network blamed for an abortive July coup.

Wed, 26 Apr 2017 08:21:44 GMT

US diesel probes to cause penalties and vehicle recalls

According to Daimler's statement in its Q1 report, the US probes on diesel emissions may result in severe penalties and massive vehicle recalls.

Wed, 26 Apr 2017 07:30:05 GMT

NASA releases giant balloon to acquire near space data

On Wednesday, NASA launched a stadium-seized balloon in New Zealand designed to collect the near-Earth space data, starting a 100-day journey after several failed attempts amid cyclones and storms.

Wed, 26 Apr 2017 07:09:01 GMT

Tyson Foods to raise wages as US labour market tightens

The US largest chicken company Tyson Foods intends to raise wages for its poultry plants' workers amid escalating battle for employees as the labour market tightens.

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