News

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Sat, 24 Mar 2018 04:07:59 GMT

Musk deletes pages of SpaceX, Tesla from Facebook

Verified pages on Facebook of Musk's rocket firm SpaceX and carmaker Tesla were deleted after the CEO was challenged on Twitter to take down both pages.

Sat, 24 Mar 2018 03:32:37 GMT

China ready to protect interests in trade dispute with US

Liu He, the Vice Premier of China, stated that the US has violated trade regulations after Section 301 probe and China was ready to protect own interests.

Sat, 24 Mar 2018 03:30:44 GMT

Shares of Dropbox close up 35%

Shares of Dropbox closed at $28.42 with more than 35% increase in the first trading day, as investors rushed to purchase the largest technology IPO.

Fri, 23 Mar 2018 21:00:15 GMT

Oil surges amid Saudi support of production cuts

Crude oil prices rose by 2.2% on Friday, reaching $70.45 a barrel, as Saudi Arabia decided to back extension of oil production cuts into 2019.

Fri, 23 Mar 2018 21:00:09 GMT

Corbyn fires his shadow Northern Ireland minister

The head of Britain's opposition Labour Party Jeremy Corbyn fired on Friday his so-called shadow Northern Ireland Minister Owen Smith amid the latter's call to hold a second referendum on Brexit.

Fri, 23 Mar 2018 20:00:41 GMT

South Korea and US to sign trade deal

The US President Donald Trump said on Friday that South Korea and the US could sign a trade agreement next week that would, inter alia, include exemptions from aluminium and steel tariffs.

Fri, 23 Mar 2018 20:00:33 GMT

Mexican GACM raises $1.62B

GACM, the group developing new airport in Mexico City, stated on Friday it has collected $1.62B in investment trust offering that will be directed at implementation of the project.

Fri, 23 Mar 2018 19:17:20 GMT

EU plans tougher laws for Google and Facebook

EU is planning to introduce harsher customer laws for social networks and email providers like Google in the wake of the recent Facebook data protection scandal.

Fri, 23 Mar 2018 19:00:49 GMT

Car manufacturers launch online car recall tool

The US Alliance of Automobile Manufacturers has launched an online tool that will let car owners, regulators and insurance providers to search for unfixed recalls.

Fri, 23 Mar 2018 18:29:23 GMT

Huawei reshuffles its board of directors

On Friday, Chinese telecommunications giant Huawei Technologies claimed that it has reshuffled its board of directors for the first time since 2012, following rumors about Huawei's founder retirement.

Fri, 23 Mar 2018 18:20:50 GMT

Qualcomm re-elects its board directors

On Friday, shareholders of the US chipmaker giant Qualcomm re-elected ten board directors, with some of them receiving support in more than 50% range, a source familiar with the issue reported.

Fri, 23 Mar 2018 17:03:49 GMT

Canada's January core retail sales hit forecast

Statistics Canada reported on Friday that the country's core retail sales grew 0.9% over the month of January, in line with expectations.

Fri, 23 Mar 2018 17:03:31 GMT

New US residential sales come in lower than expected

Data released by the Census Bureau showed that new US residential sales came in at an annual rate of 618K, missing expectations for a 621K pace.

Fri, 23 Mar 2018 16:23:30 GMT

US durable goods orders soar 3.1% in February

The Census Bureau reported on Friday that the US-made durable goods orders surged 3.1% in February, following a 3.6% drop registered in the preceding month.

Fri, 23 Mar 2018 16:22:16 GMT

Canadian February CPI tops forecasts

According to the data released by Statistics Canada, the state's CPI grew 0.6% over the course of February, topping analysts' expectations for a 0.4% uptick.

Fri, 23 Mar 2018 15:21:37 GMT

Carrefour ties up with Google on voice assistant development

Carrefour stated on Friday it had cooperated with Google to develop an online voice assistant "Lea" to battle its rival US retailer Amazon.

Fri, 23 Mar 2018 15:10:52 GMT

Tencent shares drop after Naspers lowers its stake

Shares in Tencent plunged over 4% on Friday, after its biggest shareholder Naspers had reduced its stake for the first time in almost 20 years; a move that caused a $51B loss in the company's market value in two days.

Fri, 23 Mar 2018 14:35:58 GMT

US House panel calls on Zuckerberg to testify over user data

The US House Energy and Commerce Committee called on Facebook's CEO Mark Zuckerberg to testify on the social media platform's use of personal data.

Fri, 23 Mar 2018 14:28:45 GMT

Parliament of Italy holds initial meeting after election

On Friday, Italy's Parliament gathered for a meeting for the first time since the government had held national election in the beginning of March, which resulted in no clear majority.

Fri, 23 Mar 2018 13:32:40 GMT

Ireland picks investment firms to manage Apple's taxes

On Friday, Ireland has chosen Goldman Sachs Management, VlackRock Investment Management and Amundi to manage around $18.5B in disputed Apple taxes, which Brussels collects from the tech giant.

Fri, 23 Mar 2018 13:22:15 GMT

Kroger, Target in talks on possible merger

The grocery chain Kroger is in talks with the department store operator Target over possible merger, according to the Fast Company magazine's report on Friday.

Fri, 23 Mar 2018 11:51:17 GMT

China criticises US for navy operation in South China Sea

The Chinese Defence Ministry condemned the United States on Friday for carrying out navy operations in the disputed South China Sea, which were not discussed with China.

Fri, 23 Mar 2018 11:51:08 GMT

Ukraine seeks buying helicopters from France

Ukraine is planning to clinch a deal with France to buy helicopters, the Ukrainian and French Foreign Minister Pavlo Klimkin and Jean-Yves Le Drain stated at a joint briefing in Kiev.

Fri, 23 Mar 2018 11:05:16 GMT

South Korea, Vietnam to boost bilateral trade to $100B by 2020

South Korea and Vietnam have agreed to increase their bilateral trade by 50% during the following two years to $100B.

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