News

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Sat, 16 Dec 2017 14:59:22 GMT

Libyan coast guard rescues about 250 migrants trying to flee to Italy

Libya reported on Saturday that its coastal guard had rescued over 250 migrants who tried to leave North Africa in small boats bound for Italy.

Sat, 16 Dec 2017 13:51:34 GMT

P&G names Peltz to board

Procter & Gamble reported that it had appointed activist investor Nelson Peltz to its board of directors, even though he did not win election to a seat in the biggest proxy battle.

Sat, 16 Dec 2017 13:27:50 GMT

US doing everything possible to help Italy cyber investigation

The US reported that did everything to help in an investigation of a heavy data breach in the Italian cyber-security firm.

Sat, 16 Dec 2017 13:13:43 GMT

Lavrov discusses situation in Syria with French Foreign Minister

Russia's Foreign Minister Sergei Lavrov had a telephone conversation with France's Foreign Minister on the situation in Syria and the upcoming bilateral contacts.

Sat, 16 Dec 2017 12:31:07 GMT

Austrian insurance executive to be next Finance Minister

Sebastian Kurz, conservative leader stated on Saturday that Hartwig Loeger, an insurance executive, would be Austria's next Finance Minister.

Sat, 16 Dec 2017 12:26:41 GMT

Austria's conservative leader strikes deal to bring far right party into government

Conservative and nationalist parties in Austria reached a deal on Friday to form a new coalition government that will shift the country to the right.

Sat, 16 Dec 2017 11:08:21 GMT

US Federal court obligates Uber to return letter with evidences

Uber should return the US Federal judge an ex-employee's latter about the company's theft and fraud and mentioned evidence of the stolen trade secrets in Waymo case, court officials said.

Sat, 16 Dec 2017 11:06:51 GMT

North Korea's hackers accused of cryptocurrency exchange attacks

According to South Koreas spy agency, North Korea's hackers were involved in cryptocurrency exchange attacks this year, when $6.99M worth of cryptocurrencies were stolen.

Sat, 16 Dec 2017 10:05:52 GMT

Alaska to receive millions of Dollars from oil companies

Oil companies will pay hundreds of millions of Dollars to Alaska in an official settlement over the North Slope crude oil's value that was shipped through the Trans-Alaska Pipeline.

Sat, 16 Dec 2017 10:00:45 GMT

Earthquake kills three people in Indonesia

A powerful earthquake, magnitude 6.5, struck Java island in Indonesia, killing at least three people, while hundreds of buildings were damaged.

Sat, 16 Dec 2017 09:12:01 GMT

South Africa to raise subsidies to universities

South Africa is looking forward to increase spendings on local universities to 1% of GDP over the next few years, as the higher education funding commission has recommended.

Sat, 16 Dec 2017 09:10:38 GMT

UK and China vow to strengthen financial, trade cooperation

According to the UK government, Britain and China have vowed to strengthen and continue cooperation on a wide range of trade, financial and economic issues.

Sat, 16 Dec 2017 08:08:01 GMT

South Africa to continue fiscal stabilisation

According to South African Finance Minister Gigaba, the government would take the necessary tough decisions in order to stabilise economy growth and public debt.

Sat, 16 Dec 2017 08:04:26 GMT

Britain to negotiate bespoke trade deal with EU

According to British Finance Minister Hammond, the country was looking forward to negotiate a bespoke trade agreement with the EU that would differ from a Canada model deal.

Sat, 16 Dec 2017 06:51:24 GMT

NAFTA Washington negotiations leave main differences untouched

NAFTA talks made some progress over less controversial issues, but left the subject of autos, an expiry clause and dispute settlement to be discussed in January in Montreal.

Sat, 16 Dec 2017 06:51:15 GMT

Unilever to sell spreads, margarine business for $8B to KKR

Unilever announced its decision to sell spreads and margarine business to the US private equity company KKR for $8.04B to focus on rapidly growing products.

Sat, 16 Dec 2017 06:23:42 GMT

AT&T, US Justice Department settlement negotiations failed

The US Justice Department and AT&T held unsuccessful settlement negotiations over the pay-TV and wireless company's bid to purchase TV show and movie maker Time Warner.

Sat, 16 Dec 2017 06:22:48 GMT

BoC sticks to rate increase bias, despite uncertainties over NAFTA

The Bank of Canada retained the option of further interest rate increases in early 2018, despite unclarities, such as NAFTA talks, which could derail the country's economy.

Fri, 15 Dec 2017 20:00:18 GMT

Many Canadian firms could move to US amid NAFTA talks

According to survey prepared by the Export Development Canada, nearly six percent of Canadian companies could relocate part of their operations to the US because of ambiguity over the future of the NAFTA trade deal.

Fri, 15 Dec 2017 19:58:55 GMT

CSX shares drop amid CEO's medical leave

On Friday, CSX Corp's stock plunged 10.3% to $51.42 in premarket trade, as the company's CEO Hunter Harrison took medical leave for sudden complications from an unknown illness.

Fri, 15 Dec 2017 19:11:13 GMT

Schulz to discuss with Merkel formation of government

On Friday, the leader of Social Democrats (SPD) Martin Schulz agreed to start negotiations with Angela Merkel's Christian Democrats (CDU) on formation of a new German government.

Fri, 15 Dec 2017 19:05:53 GMT

Amazon becomes top online retailer in Mexico

According to report published by the Euromonitor International, Amazon.com is likely to become the biggest online retailer in Mexico by generating $502.2M sales this year.

Fri, 15 Dec 2017 18:14:47 GMT

Guterres asks to strengthen communication with North Korea

On Friday, the UN Secretary-General Antonio Guterres urged members of the Security Council to reinforce communication channels with North Korean officials in order to avoid further escalation of conflict.

Fri, 15 Dec 2017 18:06:34 GMT

Marco Rubio to support tax bill

According to the CNBC source, the US Republican Senator Marco Rubio will back a compromise variant of tax reform that was negotiated yesterday by the House and Senate.

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