News

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Sat, 07 Apr 2018 14:08:42 GMT

Deutsche Post Group's freight unit needs major improvements

The CFO of Deutsche Post DHL Group Melanie Kreis stated on Saturday that its freight unit requires significant improvements in order to be able to meet company's 2020 goals.

Sat, 07 Apr 2018 14:03:58 GMT

India to build railroad to Kathmandu

In the result of talks between the Nepali Prime Minister K.P. Sharma Oli and his Indian colleague Narendra Modi, the latter agreed to construct a railroad to Kathmandu and open internal waterways for Himalayan nation.

Sat, 07 Apr 2018 13:03:30 GMT

Turkey to expel Afghan migrants back to Kabul

The Interior Ministry of Turkey announced on Saturday it will deport nearly 600 Afghan migrants who entered eastern Turkey through the border with Iran in coming days.

Sat, 07 Apr 2018 13:03:24 GMT

Deutsche Bank board to discuss CEO replacement tomorrow

According to two sources familiar with the matter, Deutsche Bank's supervisory board called by Chairman Paul Achleitner could discuss replacement of the current CEO John Cryan tomorrow evening.

Sat, 07 Apr 2018 12:06:19 GMT

Puigdemont awaits court's decision in Berlin

The former leader of Catalonia Carles Puigdemont stated on early Saturday he would stay in Germany while a local court makes a decision whether to extradite him to Spain or not. Nevertheless, he hoped to come back to Belgium eventually.

Sat, 07 Apr 2018 12:06:12 GMT

Russia's diplomats want to discuss with Johnson Skripal case

According to the RIA news agency, the Russian embassy in Britain send a request to the UK Foreign Minister Boris Johnson asking him to meet its envoy Alexander Yakovenko to discuss poisoning of Sergei Skripal in Salisbury.

Sat, 07 Apr 2018 11:00:39 GMT

Italy's 5-star leader promises 1.5% budget deficit

On Saturday, the leader of the largest Italian party The 5-Star Movement Luigi Di Maio stated that his party will introduce an economic development plan which suggests 1.5% budget deficit. 

Sat, 07 Apr 2018 10:52:33 GMT

Philippines order Grab and Uber to put merger on hold

On Saturday, Philippines anti-trust agency has ordered Uber Technologies Inc to continue domestic operations while it scrutinizes the merger deal between Uber and Grab.

Sat, 07 Apr 2018 10:24:11 GMT

German carmakers hit by US-China trade war

German car manufacturers Daimler and BMW AG are under pressure to diversify the production of SUV vehicles in the US after China has imposed 25% import tax on cars produced in the US, which will hit 270000 vehicles.

Sat, 07 Apr 2018 10:14:44 GMT

US imposes new sanctions against Russian oligarchs

On Friday, the US imposed new major sanctions against 21 Russian oligarchs and government officials with close ties to Vladimir Putin along with 12 companies controlled by them.

Sat, 07 Apr 2018 09:27:02 GMT

Islamic State commander killed in airstrike

Afghani security officials stated that Qari Hekmat, an important Islamic State commander who has established a new Islamic State foothold in Afghanistan, was killed in an airstrike.

Sat, 07 Apr 2018 09:14:05 GMT

Pakistan's and India's central banks bar from crypto trading

The central bank of India released a statement, barring banks from having any connections to the virtual cryptocurrency trading, while the central bank of Pakistan claimed that cryptocurrencies are illegal in the country.

Sat, 07 Apr 2018 07:53:49 GMT

China calls for EU to unite against US protectionism

On Friday, China called for the European Union to present a united front against the protectionist moves coming out of the US.

Sat, 07 Apr 2018 07:53:00 GMT

Facebook users to pay for privacy

The Facebook COO said that if users were against their data being shared with online advertisers they would have to pay.

Sat, 07 Apr 2018 07:17:36 GMT

Macron and Putin discuss Syria in phone call

On Friday, the French President Emmanuel Macron and the Russian President Vladimir Putin discussed the situation in Syria in a phone call, initiated by Paris.

Sat, 07 Apr 2018 07:11:32 GMT

Trump says WTO is unfair to United States

The US President Donald Trump stated on Friday that the World Trade Organisation offered "advantages" to China and was "unfair" to the United States.

Sat, 07 Apr 2018 07:07:47 GMT

Trump says WTO is "unfair" to United States

On Friday, the US President Donald Trump stated that the World Trade Organisation offered "advantages" to China and was "unfair" to the United States.

Sat, 07 Apr 2018 06:28:41 GMT

Canada opposes Trump's call for quick NAFTA talks completion

The Canadian Foreign Minister stated that Canada, the US and Mexico still had to resolve major issues surrounding the NAFTA, following Trump's call for the quick completion of the renegotiation.

Sat, 07 Apr 2018 06:17:03 GMT

China says it is ready to fight back US trade war

China's government said on Friday that it would "counterattack with great strength" if the US President Donal Trump slaps an additional $100B in tariffs.

Sat, 07 Apr 2018 04:55:14 GMT

ISS proposes reforms for Wells Fargo

Institutional Shareholder Services has advised Wells Fargo & Co to vote on such reforms as reduced ownership threshold and enhanced compensation policy.

Sat, 07 Apr 2018 04:54:56 GMT

Poll: Australians prefer Turnbull to remain PM

A recent poll by Fairfax/Ipos showed on Saturday that 62% of survey participants preferred the current Australian Prime Minister Malcolm Turnbull to remain in his position.

Sat, 07 Apr 2018 04:07:02 GMT

Facebook suspends AggregateIQ amid alleged data breach

Facebook Inc has suspended the Canadian company AggregateIQ from accessing its platform following reports on improper handling of users' personal data.

Sat, 07 Apr 2018 03:59:24 GMT

EC says 2.7M European users affected by Facebook data breach

According to the European Commission, around 2.7M Facebook users within the European Union were affected by the data privacy breach.

Fri, 06 Apr 2018 20:26:06 GMT

SoftBank borrows $8B backed by Alibaba Group

Japan's technology giant SoftBank used the stake in Alibaba Group, the online retailer, as collateral for its $8B loan provided by a group of at least ten banks, according to sources familiar with the matter.

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