News

Note: This section contains information in English only.
Wed, 06 Dec 2017 03:52:23 GMT

UK May under pressure to soften EU divorce

British PM Theresa May was under pressure to alleviate the EU divorce by keeping the UK in the customs union and single market after Brexit.

Wed, 06 Dec 2017 03:21:50 GMT

UPS delays some deliveries amid surge in holiday orders

United Parcel Services stated that some deliveries of the company were delayed due to an increase in holiday orders made online during the period of peak shipping.

Wed, 06 Dec 2017 03:19:54 GMT

Australia's growth below estimates, as household spending fades

Australian GDP grew at a weaker-than-anticipated pace of 0.6% in the Q3, reinforcing the possibility of the Central Bank to keep interest rates unchanged for longer.

Tue, 05 Dec 2017 21:20:02 GMT

General Electric thinks to cut 4500 jobs in Europe

General Electric reported on Tuesday that would probably cut 4500 jobs in Europe after rethinking assets that it purchased from France's Alstom in the year 2015.

Tue, 05 Dec 2017 21:15:16 GMT

Venezuela's former ambassador to UN leaves US

Rafael Ramirez, Venezuela's ambassador to the UN was resigned from his post and left the US following the President Nicolas Maduro's order.

Tue, 05 Dec 2017 20:22:15 GMT

Nestle buys vitamin maker Atrium Innovations for $2.3B

European packaged goods giant Nestle reported on Tuesday that it would acquire vitamin maker Atrium Innovations for $2.3B.

Tue, 05 Dec 2017 20:22:02 GMT

German train collision injures dozens

 German police reported on Tuesday that at least 50 people had been injured when a train crashed near Dusseldorf.

Tue, 05 Dec 2017 19:12:49 GMT

Trump informs Abbas of intention to move US embassy to Jerusalem

The US President Donald Trump has informed the Palestinian leader Mahmoud Abbas of the intentions to relocate the US embassy from Tel Aviv to Jerusalem.

Tue, 05 Dec 2017 19:12:41 GMT

Ukraine central bank probably keeps interest rate unchanged

Ukraine's central bank most probably keeps its interest rate unchanged at the regular meeting that takes place next week amid inflation rate remaining high in spite of a recent slowdown.

Tue, 05 Dec 2017 18:00:25 GMT

Sprint expects customer defections slowdown in holiday season

Sprint Corporation has reported on Tuesday that expects significant slowdown in customer defections during the key holiday season, highlighting the help of the higher promotions. 

Tue, 05 Dec 2017 18:00:19 GMT

Spain drops international arrest warrant for former Catalonia leader

The Supreme Court reported on Tuesday that had withdrawn a European arrest warrant for the former Catalonia's leader Carles Puigdemont and four of his former ministers.

Tue, 05 Dec 2017 16:58:20 GMT

US trade deficit hits $48.7B in October

The Bureau of Economic Analysis reported that the US trade deficit rose to $48.7B in October, after rising to $44.9B in the previous month, while analysts anticipated a slighter increase to $46.2B.

Tue, 05 Dec 2017 16:57:41 GMT

US services activity falls more than expected last month

The ISM reported on Tuesday that its Non-Manufacturing PMI dropped to 57.4 points last month, down from October's 60.1, whereas analysts expected a decline to 59.2.

Tue, 05 Dec 2017 16:19:34 GMT

Global dairy prices up 0.4%

The Global Dairy Trade Index rose 0.4% at Tuesday's Fonterra auction, after dropping 3.4% at the preceding auction.

Tue, 05 Dec 2017 16:18:40 GMT

Canadian trade gap narrows in October

Statistics Canada reported on Tuesday that the country's trade deficit dropped to C$1.5B in October, down from the prior month's gap of C$3.4B, while analysts anticipated a slighter fall to C$2.3B.

Tue, 05 Dec 2017 15:03:23 GMT

Nasdaq opens lower

The tech sell off seemed to have ended on Tuesday, as various tech company stocks recovered at the start of the US trading session.

Tue, 05 Dec 2017 15:02:54 GMT

Wells Fargo expects better results

The CEO of Wells Fargo has announced that he expects better than expected results from commercial loans in the fourth quarter of the year.

Tue, 05 Dec 2017 14:30:34 GMT

Saakashvili is freed from police

Supporters of Mikheil Saakashvili have freed him from the police.

Tue, 05 Dec 2017 14:30:02 GMT

CEO of Dish retires

CEO of Dish Network Corp on Tuesday announced his reassignment. Charlie Ergen will step down to devote time to a new business of the company.

Tue, 05 Dec 2017 11:07:28 GMT

China issues guidelines for regulating ‘speciality towns'

China's environmental, housing and land ministries published on Tuesday a set guidelines how to regulate the development of ‘speciality towns' to reduce the risks for this project.

Tue, 05 Dec 2017 10:59:42 GMT

Turkey threatens to cut diplomatic ties with Israel over Jerusalem

The Turkish President Tayyip Erdogan explained on Tuesday that the country could cut off diplomatic connections with Israel if Trump recognised Jerusalem as its capital. 

Tue, 05 Dec 2017 10:03:49 GMT

BoE considered higher increase of capital requirements last week to tackle risks

The Bank of England said in a statement on Tuesday that it had considered increasing capital requirements of banks more than previously signalled to reduce financial risks.

Tue, 05 Dec 2017 09:54:50 GMT

Sturgeon says failure to move on with Brexit talks could activate opponents

Scotland's First Minister Nicola Sturgeon said the failure to advance with Brexit talks on Monday might signal that it was time to push for the UK remaining in the single market.

Tue, 05 Dec 2017 09:06:10 GMT

Ford to launch 50 vehicles in China by 2025

The American carmaker Ford Motor Co. plans to launch 50 vehicles in the Chinese market by 2025 to boost sales growth, the company said on Tuesday.

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