News

Note: This section contains information in English only.
Tue, 27 Mar 2018 03:32:53 GMT

GM sees South Korean unit to file for bankruptcy

General Motors stated that the company's loss-making South Korean unit is likely to file for bankruptcy if union fails to agree to diminish labour costs by the 20th of April.

Tue, 27 Mar 2018 03:31:17 GMT

US, Mexico sign accords on border cooperation

The United Stated and Mexico have signed accords to enhance bilateral customs procedures, as well as expedite the agricultural procedure's flow across the border, both governments stated.

Tue, 27 Mar 2018 01:54:56 GMT

Australian new home sales fall 0.7% last month

The HIA reported that new home sales dropped 0.7% in February, after falling 2.1% in the preceding month.

Tue, 27 Mar 2018 01:53:56 GMT

BoJ SPPI rises 0.6% year-over-year in February

The Bank of Japan reported on Tuesday that its SPPI rose 0.6% on an annual basis in February, missing analysts' expectations for a 0.7% increase.

Mon, 26 Mar 2018 20:09:31 GMT

Turkey asks for removal of EU entry barriers

The President of Turkey Tayyip Erdogan on Monday announced that at the EU and Turkish summit he will seek the removal of all obstacles that stop Turkey from joining to the EU.

Mon, 26 Mar 2018 20:09:21 GMT

Stocks recover on Monday

On Monday technology stocks were credited with the rebound in the financial markets, as this sector gained the most.

Mon, 26 Mar 2018 19:29:30 GMT

Brazil sets rules for Uber

Brazilian President on Monday signed the new law, which is going to regulate car hailing apps like Uber.

Mon, 26 Mar 2018 19:28:26 GMT

Macron plans to win AI arms race

The President of France Emmanuel Macron on Monday announced that this week France will launch a massive offensive in AI development.

Mon, 26 Mar 2018 17:56:19 GMT

Chinese Premier wants to avoid trade war

Premier Li Keqiang announced on Monday that China and the US should negotiate and avoid a trade war. Moreover, the Premier was ready to pledge the easing of access to the Chinese markets for American companies.

Mon, 26 Mar 2018 17:08:51 GMT

White House is revealed to be in talks with China

The trade adviser of the White House Peter Navarro on Monday announced that the United States are in bilateral trade talks with China.

Mon, 26 Mar 2018 17:08:44 GMT

South Africa investigates SAP deal

The anti-corruption agency of South Africa has begun to investigate a $60M government contract with the software firm SAP.

Mon, 26 Mar 2018 16:05:27 GMT

Sierra Leone's election will go ahead

High Court of Sierra Leone has recalled the injunction to delay the second round of the country's presidential election.

Mon, 26 Mar 2018 15:59:59 GMT

High rank North Korean official might be in Beijing

Japanese media outlets are reporting that a high-ranking official from North Korea might have arrived by train in Beijing.

Mon, 26 Mar 2018 15:59:48 GMT

Concern and disappointment set in after Uber and Grab deal

As Uber sold its Southeast Asia business to the local rival Grab, users and drivers on Monday expressed concern over issues arising from decreased competition.

Mon, 26 Mar 2018 15:07:01 GMT

UK opposition wants to influence Brexit

British Labour Party on Monday announced that the UK policy makers should make the last decision on the finalized Brexit deal.

Mon, 26 Mar 2018 15:05:10 GMT

FCC chairman proposes new measures

The chairman of the Federal Communications Commission Ajit Pai on Monday proposed new rules. Namely, he proposed the ban of government purchase of assets from companies that might pose a threat to US communications networks.

Mon, 26 Mar 2018 14:36:18 GMT

Pep Boys halts ads on Facebook amid data security breach

On Monday, the US car parts retailer Pep Boys stated it would suspend all Facebook advertising amid data privacy concerns, joining the Internet company Mozilla in removing ads from the social media platform.

Mon, 26 Mar 2018 14:31:43 GMT

France to remove four Russia's diplomats over nerve agent attack

France has ordered the expulsion of four Russia's diplomats in retaliation to the Salisbury attack on a former Russian spy, calling on officials to leave the country within a week.

Mon, 26 Mar 2018 13:33:04 GMT

Trump removes 60 Russians, shuts down consulate in Seattle

On Monday, the US President Donald Trump expelled 60 Russians, including 12 intelligence officers, from the United States and shut down Russia's consulate in Seattle amid nerve agent attack.

Mon, 26 Mar 2018 13:26:33 GMT

Mercedes to call off around 4,5K vehicles in Russia

Daimler's Mercedes-Benz is set to recall 4,419 of the carmaker's GLC-class and C-class vehicles in Russia amid a possible driver airbag's fault, the Russian standards agency stated on Monday.

Mon, 26 Mar 2018 11:52:08 GMT

South Korea's Hyundai union may face GM-like crisis

The head of South Korea's Hyundai union Ha Bu-young expressed some serious concerns over possible General Motors-like crisis his car unit might face amid sliding sales in its key market.

Mon, 26 Mar 2018 11:51:57 GMT

China urges WTO to oppose US steel tariffs

On Monday, China's official Zhang Xiangchen called on the World Trade Organisation to oppose steel and aluminium tariffs imposed by the United States, as they are incompatible with the WTO.

Mon, 26 Mar 2018 11:30:49 GMT

Louis Vuitton hires Off-White's Abloh as menswear designer

On Monday, LVHM's Louis Vuitton luxury brand announced it had hired the streetwear label Off-White's founder Virgil Abloh to design the fashion house's menswear collections.

Mon, 26 Mar 2018 11:27:17 GMT

SoftBank considers $1B investment in China's Manbang Group

The Japanese SoftBank Group considers investing $1B into China's truck-hailing firm Manbang Group, according to the Wall Street Journal's report published on Monday.

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