News

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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.

Fri, 23 Mar 2018 10:59:38 GMT

Nissan expects 1M sold EVs annually by 2022

The Japanese car manufacturer Nissan Motor Co plans to sell 1M electric vehicles every year by 2022, thus seeing a six-fold increase from the number of units sold in 2017.

Fri, 23 Mar 2018 10:29:44 GMT

Israel's eToro attracts $100M in private funding

The Israeli social trading firm eToro raised $100M in private funding, bringing the total of funds raised to $162M, while the investment round had been led by China Minsheng Financial.

Fri, 23 Mar 2018 10:22:36 GMT

Congress votes to approve $1.3-trillion spending bill

The President Donald Trump is seen to sign a $1.3-trillion funding bill that implies a surge in non-defence and military spending into a law, after the US Congress has approved it early on Friday.

Fri, 23 Mar 2018 09:35:27 GMT

Toshiba may turn to IPO amid chip unit sale deadline

The Japanese company Toshiba is likely to seek alternatives such as IPO, as there is a high possibility to miss the Friday deadline on winning the China's antitrust approval for selling its $18B chip unit.

Fri, 23 Mar 2018 08:36:52 GMT

EU, Britain making progress in Brexit negotiations

On Friday, the British Prime Minister Theresa May stated that Britain and the EU bloc had made a significant progress in the Brexit talks, seeking for negotiations on future economic partnership.

Fri, 23 Mar 2018 08:33:43 GMT

Steve Wynn disposes his 11.8% stake, leaving Wynn Resorts

The former Wynn Resorts CEO Steve Wynn sold his 11.8% stake in the company for $2.1B in a dramatic casino and hotel enterprise exit.

Fri, 23 Mar 2018 07:36:27 GMT

Top China diplomat Yang travels to South Africa

China's senior diplomat Yang Jiechi is set to arrive in South Africa this week, first trip by a Chinese official after its government's reshuffle, according to the Chinese Foreign Ministry.

Fri, 23 Mar 2018 07:32:20 GMT

Malta imposes freeze on Pilatus bank's business amid chairman's arrest

Regulators of Malta have frozen all the operations of Pilatus Bank, following an arrest of its chairman for the alleged US sanctions breach.

Fri, 23 Mar 2018 06:11:38 GMT

EU officials urge social networks to ensure users' privacy

EU officials called on social networks to take care of users' privacy and guarantee personal information protection on the back of allegations that Facebook mishandled its users' data.

Fri, 23 Mar 2018 06:10:56 GMT

Merkel sees further punitive measures against Russia

On Friday, the Chancellor of Germany Angela Merkel highlighted the possibility of implementing further punitive measures against Russia over the nerve agent attack in Salisbury.

Fri, 23 Mar 2018 05:23:20 GMT

Mexico's President defends his energy reform

The President of Mexico Enrique Pena Nieto defended his energy reform, saying that the rollback of it would result in a loss of billions of dollars.

Fri, 23 Mar 2018 05:22:40 GMT

Kentucky Senate approves abortion restriction bill

Late on Thursday, the Kentucky Senate passed a bill aimed to impose limitations on abortions once the patient reaches the 11th week of pregnancy.

Fri, 23 Mar 2018 04:27:37 GMT

Samsung anticipates uncertainty from protectionism this year

Samsung Electronics anticipated geopolitical risk and uncertainties from trade protectionism to persist in 2018, the company's chairman of the board stated.

Fri, 23 Mar 2018 04:26:53 GMT

China allows Baidu to proceed self-driving tests

The capital city of China allowed the technology giant Baidu to test the company's self-driving vehicles on streets, in a bid to bolster in the race for autonomous cars.

Fri, 23 Mar 2018 02:56:58 GMT

Japanese core consumer prices grow in line with forecasts

Japan's Statistics Bureau reported on Friday that its core CPI rose 1.0% on an annual basis in March, following the prior month's gain of 0.9% and meeting analysts' forecasts.

Fri, 23 Mar 2018 02:56:08 GMT

Japanese Finance Minister to closely watch US tariffs implementation

On Friday, the Japanese Finance Minister Taro Ayo said he would closely watch the implementation of the US President Donald Trump's tariffs on imported Chinese steel and aluminium.

Fri, 23 Mar 2018 02:53:18 GMT

Japanese core consumer prices grow in line with forecasts

Japan's Statistics Bureau reported on Friday that its core CPI rose 1.0% on an annual basis in March, following the prior month's gain of 0.9% and meeting analysts' forecasts.

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