News

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Fri, 23 Feb 2018 15:30:04 GMT

Germany turns down bankers' extradition to Britain

Germany's authorities rejected an extradition bid of four bankers to Britain, who were set to face conspiracy charges in the Euribor case.

Fri, 23 Feb 2018 14:34:36 GMT

Hungary seeks no less €0.5B on border protection

Hungary's Prime Minister Viktor Orban stated that the country sought for half of €1B for border protection to get reimbursed from the EU.

Fri, 23 Feb 2018 14:32:31 GMT

PM May holds positive meeting on Brexit

On Friday, the British Prime Minister Theresa May held a positive meeting with her ministers over the Brexit, where they agreed on her forthcoming speech basis over the UK's future ties with the EU.

Fri, 23 Feb 2018 13:28:10 GMT

Romanian President backs anti-corruption chief

On Friday, the Romanian President Klaus Iohannis expressed his support for the chief anti-graft prosecutor, saying that there was no evidence to sack her, following a justice minister's request.

Fri, 23 Feb 2018 13:24:49 GMT

General Mills, Blue Buffalo sign acquisition deal

General Mills is set to acquire Blue Buffalo Pet Products in a deal worth around $8B, as it seeks to boost the growing demand for the natural pet food.

Fri, 23 Feb 2018 12:35:04 GMT

Google starts accepting payments via M-Pesa service

Google started taking payments for the apps through Kenyan Safaricom's mobile device M-Pesa service, as it seeks to bolster downloads in a market for people with no credit card.

Fri, 23 Feb 2018 12:29:07 GMT

Trump calls on Mexico to bar illegal immigrants

On Friday, the US President Donald Trump urged Mexico to block illegal immigrants from El Salvador and prevent them from entering the United States.

Fri, 23 Feb 2018 11:18:50 GMT

JD.com, Tencent to buy stakes in China's retail chain

JD.com and Tencent Holdings are set to pay $117M and $140M respectively for the Chinese retail chain's minority stakes amid companies' intention to extend in the retail space.

Fri, 23 Feb 2018 11:11:25 GMT

GoDaddy revenue beats forecasts, shares rise

On Thursday, GoDaddy's Q1 revenue beat Wall Street's expectations, reporting it surged 6.9% to $139, while the company's shares jumped 4.5% to $57.95 in an extended trading.

Fri, 23 Feb 2018 10:35:08 GMT

HP shares jump 5.3% on strong Q1 results

Shares of HP Inc surged 5.3% to $22.53 on Wednesday after the company announced its Q1 profit and revenue results beat the estimates.

Fri, 23 Feb 2018 10:31:12 GMT

EU seeks to double funding for Sahel military operation

The European Union is eager to double the funding to €100M for the multi-national military force in the West African region of Sahel to counter Islamist militants.

Fri, 23 Feb 2018 09:34:26 GMT

South Korea sees lift to Q1 GDP y/y driven by Olympics

South Korea was expecting the country's Q1 economic growth rate to get boosted this year amid the Winter Olympics, the Presidential Blue House stated.

Fri, 23 Feb 2018 09:27:32 GMT

Britain to align car regulations with EU after Brexit

Britain is set to align its auto regulations with the EU regulations in the automotive sector and other areas, after its withdrawal from the bloc next year.

Fri, 23 Feb 2018 08:34:22 GMT

Nissan to launch Easy Ride public tests next month

Nissan in partnership with Japan's mobile gaming platform DeNA is set to launch public tests of its autonomous ride-hailing Easy Ride service in Yokohoma, starting the next month.

Fri, 23 Feb 2018 08:30:22 GMT

Sharp sues China's Hisence over TV sales in North America

Japan's electronics maker Sharp has filed a legal lawsuit against China's Hisence, seeking to block the group from selling the TV set under Sharp's brand in North America.

Fri, 23 Feb 2018 07:14:18 GMT

Indonesian President to reveal central bank governor nominee

Indonesia's leader Joko Widodo was seen to announce his choice for the central bank governor to the Parliament by next week, sources familiar with the issue reported.

Fri, 23 Feb 2018 07:10:10 GMT

India's ICAI launches inquiry into PNB fraud case

India's Institute of Chartered Accountants are investigating the auditors' role into the alleged Punjab National Bank's $1.77B fraud case.

Fri, 23 Feb 2018 06:20:26 GMT

Australian Deputy PM resigns

The Australian Deputy Prime Minister Barnaby Joyce announced on Friday that he would resign from his post on the back of pressure from the party members over his affair with a staffer.

Fri, 23 Feb 2018 06:19:32 GMT

US to impose more sanctions on North Korea

On Friday, the Trump Administration is set to impose yet the largest package of sanctions against North Korea to put additional pressure on Pyongyang.

Fri, 23 Feb 2018 05:24:03 GMT

UN Security Council to decide on Syria truce

The UN Security Council will gather later today to vote on a resolution demanding a month-long truce in Syria to secure medical evacuations and aid deliveries.

Fri, 23 Feb 2018 05:23:21 GMT

China's trade with North Korea lowest since mid-2014

Data released by the Chinese General Administration of Customs revealed that the country's January trade with its biggest partner North Korea dropped to the lowest level since mid-2014.

Fri, 23 Feb 2018 04:26:14 GMT

GM to freeze wages, no bonuses for South Korea's workers this year

General Motors is likely to propose a wage freeze, no bonuses and some worker benefits' suspension in 2018, aiming to cut costs at the company's money-losing unit in South Korea.

Fri, 23 Feb 2018 04:25:34 GMT

Lockheed, Boeing show interest in launching rockets from Brazil's base

Brazilian Defence Minister stated that Lockheed Martin, Boeing, SpaceX and other aerospace firms from the US were interested in launching their rockets from Alcantara military base.

Fri, 23 Feb 2018 02:51:44 GMT

Japanese core consumer prices rise 0.9% in February

Japan's Statistics Bureau reported that its National Core CPI came in at 0.9% in February, compared to the preceding month's rise of 0.9%, whereas analysts anticipated an increase of 0.8%.

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