News

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Fri, 02 Feb 2018 20:06:56 GMT

White House ready to negotiate with Congress Democrats' memo release

The Trump administration said on Friday it is ready to work with congressmen in order to decide whether Democrats' memo written for the House Intelligence Committee could be disclosed.

Fri, 02 Feb 2018 19:01:09 GMT

Italy's ruling party promises to introduce minimum wage

In the process of electoral race, the Italian ruling centre-left Democratic Party (PD) promised to raise pensions, help families and introduce a minimum wage.

Fri, 02 Feb 2018 19:01:03 GMT

Booz Allen wins $621M federal contract

In a statement made on Friday, Booz Allen Hamilton said it won a $621M contract that presupposes development and implementation of cybersecurity tools across the US government.

Fri, 02 Feb 2018 18:06:19 GMT

Trump orders to release secret memo

In a decision made on Friday, the US President Donald Trump ordered to publish a classified memo prepared by Republicans that claims biased attitude against him at the Justice Department and FBI.

Fri, 02 Feb 2018 18:06:11 GMT

North Korea calls US not to conduct joint drills with South Korea

In a letter to the United Nations, the Foreign Minister of North Korea Ri Yong Ho warned that if the US decides to conduct delayed drills with South Korea after the Olympic Games it will not "sit idle".

Fri, 02 Feb 2018 17:07:16 GMT

US factory orders increase for fifth month in succession

The Commerce Department stated that new orders for goods made in the US grew 1.7% in December, posting a fifth straight monthly rise.

Fri, 02 Feb 2018 16:57:24 GMT

Trump discusses with Japan's Abe extended missile defence system

The US President Donald Trump and the Prime Minister of Japan Shinzo Abe discussed an extended missile defence system and other efforts to strengthen Japan's defences.

Fri, 02 Feb 2018 16:16:35 GMT

British construction sector stagnates on political uncertainties

The Markit/CIPS stated that the UK construction PMI decreased to 50.2 in January, as Brexit uncertainties caused a dry up in new orders.

Fri, 02 Feb 2018 16:15:44 GMT

US hiring expands, wages grow further in January

The US job growth accelerated in January, while wages revealed the strongest annual gain since 2009, fuelling expectations that inflation would rise to the Fed's target this year.

Fri, 02 Feb 2018 15:29:06 GMT

Guess shares plunge after Kate Upton's allegations

On Thursday, shares in Guess plummeted more than 17%, after a model Kate Upton had tweeted about company's executive accusing him of sexual harassment toward women.

Fri, 02 Feb 2018 15:08:17 GMT

Embraer agrees to form commercial jet JV with Boeing

Brazil's planemaker Embraer had accepted Boeing's offer to form a commercial jet joint venture, not involving Embraer's military division, Globo TV reported on Friday.

Fri, 02 Feb 2018 14:27:05 GMT

German vehicle production halted due to 24-hour strikes

On Friday, German car plants were stalled amid the third day of the 24-hour strikes that focused on factories owned by Porsche, BMW, Audi and Mercedes-Benz.

Fri, 02 Feb 2018 12:59:28 GMT

Uzbek ambassador Karimova-Tillyaeva resigns

On Friday, the former Uzbekistan leader Islam Karimov's daughter Lola Karimova-Tillyaeva resigned as the Uzbek UNESCO representative, seeking to focus on her personal projects in education and charity.

Fri, 02 Feb 2018 12:43:56 GMT

Hon Hai seeks investing $342M in industrial Internet, AI

One of the Apple main suppliers Hon Hai that is also known as Foxconn is planning to invest $342M in artificial intelligence and industrial Internet's related spheres.

Fri, 02 Feb 2018 12:17:27 GMT

Slovakia considers buying Gripen or F-16s fighter jets

The Defence Ministry of Slovakia is in talks to purchase either Swedish Gripen or American F-16s fighter jets as it seeks replacing its Russian-made aging MiG-29s.

Fri, 02 Feb 2018 12:07:08 GMT

Daimler ready for alliances, mobility service partial listing

On Friday, the German carmaker Daimler stated that it was open to broader alliances or partial listings of the company's mobility services operations that also include car sharing.

Fri, 02 Feb 2018 10:54:06 GMT

Honda increases profit outlook by 4%

The Japanese car manufacturer Honda Motor Co Ltd raised its full-year profit forecast by 4% on Friday in response to stronger sales in the Asian market, especially China.

Fri, 02 Feb 2018 10:52:30 GMT

Ford's joint venture in China to recall 500k cars

Changan Ford, Ford's joint venture with the Chinese Chongqing Changan Automobile Co, is to recall around 500 000 vehicles due to brake issues.

Fri, 02 Feb 2018 10:32:46 GMT

Alphabet misses quarterly profit forecasts

The US technology firm Alphabet stated on Thursday its Q4 profit had missed the estimates for $7B or $10 per shares, reporting a $6.8B reading or $9.70 per share, lowered by company's spending growth.

Fri, 02 Feb 2018 10:22:01 GMT

Sony posts best-ever Q3 profit, sees new annual record

On Friday, Japanese Sony reported the best-ever Q3 operating profit of 350.8B yen driven by a rising demand for company's image sensors, and raised its annual profit forecast to 720B yen.

Fri, 02 Feb 2018 09:33:10 GMT

US to announce arms embargo against South Sudan

The United Stated is eager to impose an arms embargo on South Sudan, putting more pressure on its President Salva Kiir with intention to end the humanitarian crisis and civil war in the country.

Fri, 02 Feb 2018 09:26:16 GMT

PM May: Brexit transition deal to be agreed 1.5 months

On Friday, the Prime Minister Theresa May stated that the Brexit transition deal with the European Union was expected to be agreed in the following seven weeks.

Fri, 02 Feb 2018 08:33:42 GMT

Indian "Modicare" plan to cost nearly $1.7B a year

A source familiar with the matter stated that India's PM Narendra Modi's scheme to prove half of the country's population with health insurance would cost about $1.72B in state and federal funding each year.

Fri, 02 Feb 2018 08:28:39 GMT

Alibaba invests $146M in India's BigBasket

China's Alibaba invested $146M in India's online grocer BigBasket in a move to strengthen its position in the online retail space of the country and challenge its US rival Amazon.com.

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