News

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Fri, 23 Nov 2018 20:01:27 GMT

US House to investigate Trump's business ties to Saudi Arabia

According to a report, published by Washington Post on Friday, Democrats on the US House intelligence committee would probe the US President Donald Trump response to the killing of Jamal Khashoggi.

Fri, 23 Nov 2018 19:05:07 GMT

Russia to tighten data protection law

On Friday, Russia's Communications Ministry has drafted a legislation that would tighten data protection, amid intelligence leaks.

Fri, 23 Nov 2018 19:04:48 GMT

UTC receives Chinese regulatory approval for Rockwell Collins purchase

On Friday, United Technologies Corp received approval from Chinese regulators for its purchase of Rockwell Collins worth of $30 billion.

Fri, 23 Nov 2018 18:14:25 GMT

Wall Street declines on Friday

On Friday, US shares edged lower, as crude oil prices fell to its lowest level in more than a year, pulling down energy shares.

Fri, 23 Nov 2018 18:14:14 GMT

Oil prices slump by 6% despite possible OPEC cut

On Friday, oil prices plunged by more than 6%, as fears that oversupply would outgrow demand, even as OPEC considered cut.

Fri, 23 Nov 2018 17:15:03 GMT

Iran detains Saudi Arabian fishing boat and arrests crew

On Friday, the Iranian Revolutionary Guards seized a Saudi Arabian fishing boat and arrested its crew members.

Fri, 23 Nov 2018 17:14:12 GMT

US shoppers hunt for Black Friday deals

On Friday, the US consumers formed a long queue at store counters to shop for Black Friday deals on electronics and clothing.

Fri, 23 Nov 2018 15:58:43 GMT

Teddy Sagi launches stake sale in gambling software firm

Teddy Sagi, Playtech's founder, sold about 15.2M shares in the gambling software firm worth nearly $87.2M, Globe Invest announced on Friday.

Fri, 23 Nov 2018 15:55:29 GMT

HSBC UK try to quickly fix its online mobile app

HSBC UK stated it was trying to fix its mobile application as soon as possible following customers' complaints over disruptions with logging onto the banking app.

Fri, 23 Nov 2018 15:37:28 GMT

Meituan Dianping's shares drop on rising costs

On Friday, China's Meituan Dianpig shares tumbled as much as 14.4% after the company reported a wide Q3 operating loss due to a costly race with competitors, such as Alibaba's Ele.me.

Fri, 23 Nov 2018 14:25:07 GMT

Amazon workers stage strikes in Spain, Germany on Black Friday

On Friday, workers at Amazon's logistic centres in Spain and Germany have launched protests on Black Friday by walking off their jobs; however, the strikes had no impact on customer orders due to the majority of employees who continued working.

Fri, 23 Nov 2018 14:14:55 GMT

Mazda recalls nearly 62,6K vehicles in Russia

On Friday, the Russian standard agency reported that Mazda was set to recall 62,357 vehicles sold in the time period of May 2006 to November 2014, due to a potential airbag issue.

Fri, 23 Nov 2018 13:06:12 GMT

Ethiopian Airlines speeds up hunt for African routes

Ethiopian Airlines is speeding up its hunt strategy for new Africa's connections to get control of traffic on the African continent, the carrier announced on Friday.

Fri, 23 Nov 2018 12:49:10 GMT

Volvo Cars postpones Lynk & Co vehicle production in Belgium

Volvo Cars has postponed its initial plans to build Lynk & Co vehicles at the Belgium plant in late 2019 amid increased macro-economic uncertainty, the carmaker's spokesman stated on Friday.

Fri, 23 Nov 2018 12:28:17 GMT

Renault's Interim Deputy head vows to protect Nissan alliance

Renault's Interim Deputy CEO vowed on Friday he would protect the automaker's interest in the Nissan Motor alliance, after Carlos Ghosn had been ousted as Nissan's chairman amid financial misconduct allegations.

Fri, 23 Nov 2018 11:10:57 GMT

EU officials open investigation into airline bookings

The officials of the European Union have begun an investigation into possible breaching of antitrust rules by Amadeus flight booking systems.

Fri, 23 Nov 2018 11:10:30 GMT

European business activity slows down

On Friday, the data for European business growth was published. The released data was lower than forecast, indicating that the growth in the EU has decreased.

Fri, 23 Nov 2018 10:13:45 GMT

Sweden's Parliament votes on Stefan Lofven to become PM

The Swedish Parliament is set to vote in the beginning of December on the Social Democrat Stefan Lofven to become the Prime Minister again to form the new administration.

Fri, 23 Nov 2018 10:08:59 GMT

Singapore's FM gets key leadership post

On Friday, the ruling party of Singapore has appointed Heng Swee Keat, the Finance Minister, to the key leadership post, potentially putting him in the line to become next Prime Minister, after the current leader steps down.

Fri, 23 Nov 2018 07:57:04 GMT

German carmakers' heads to attend meeting at White House

The heads of Daimler, BMW and Volkswagen are set to attend the White House meeting with the President Trump's Administration, despite no formal invitation has been sent yet.

Fri, 23 Nov 2018 07:53:52 GMT

Italy's EU Affairs Minister likely to quit due to budget stand-off

Paolo Savona, the Italian EU Affairs Minister, is thinking over a resignation from his post due to government's decision to challenge the EU budget ruled, according to the Corriere Della Sera daily.

Fri, 23 Nov 2018 07:38:50 GMT

Samsung Electronics to pay compensation to ill-workers

On Friday, Samsung Electronics vowed it would pay compensation to its display factory and local chip workers, suffering from work-related illnesses, by 2028.

Fri, 23 Nov 2018 07:35:16 GMT

Nissan likely to appoint new chairman by Dec. 20

Nissan Motor is planning to appoint new chairman during the following two months, hopefully ahead of the company's next board meeting scheduled for December 20, to replace the ousted chairman Carlos Ghosn.

Fri, 23 Nov 2018 06:22:07 GMT

Saudi prince stars Middle East tour

The Saudi Arabia's Crown Prince Mohammed bin Salman on Friday began a tour across the Middle East from visiting the United Arab Emirates.

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