News

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Sat, 02 Dec 2017 05:50:46 GMT

CHS to lay off employees and abandon soy protein production

The US-based farmer cooperative CHS Inc. is set to lay off 144 employees at three locations across the country due to refocusing its production away from soy protein.

Sat, 02 Dec 2017 05:50:12 GMT

Honduras suspends constitutional rights to curb political unrest

Honduras is to suspend constitutional rights in order to grant its police and army more power to contain the unrest caused by the country's election last Sunday.

Sat, 02 Dec 2017 05:01:12 GMT

Flynn pleads guilty to misleading FBI about connections with Russia

The ex-national security advisor Michael Flynn pleaded guilty to making a false statement to the FBI in relation to his connections with Russia prior to Trump becoming a president.

Sat, 02 Dec 2017 04:56:25 GMT

Quarles says Fed's strategy focus is efficiency, safety and soundness

Randal Quarles, the US Treasury Under Secretary for Domestic Finance, said that efficiency was an important aspect of the Fed's strategy, along with safety and soundness.

Fri, 01 Dec 2017 21:02:42 GMT

Three Uber security managers quit amid data breach

According to Uber spokesperson, three top security managers resigned on Friday amid disclosure of massive personal data breach that happened a year ago and affected about 57 million customers worldwide.

Fri, 01 Dec 2017 21:02:02 GMT

Venezuelan government and opposition resume talks in Dominican Republic

On Friday, representatives of the Venezuelan government and the Democratic Unity coalition began new round of negotiations in the Dominican Republic that are aimed to end long lasting political feud.

Fri, 01 Dec 2017 20:07:19 GMT

No increase in Argentine military spending

On Friday, the former Argentine Minister of Education Esteban Bullrich said that the government will not increase defence budget despite the tragedy with missing submarine with 44 people aboard.

Fri, 01 Dec 2017 20:01:53 GMT

Intesa calls for global regulation of Bitcoin

Carlo Messina, the CEO of largest Italian retail bank Intesa Sanpaolo, warned on Friday that trade in cryptocurrencies is a speculative bubble that urgently needs worldwide regulation.

Fri, 01 Dec 2017 19:00:45 GMT

Stocks fall as Flynn pleads guilty

During Friday's trading session the S&P500 dropped as much as 1.5%, while the 10Y Treasury bonds fell five points amid confession made by the former US national security adviser Michael Flynn about his links with Russians during transition period in the end of previous year.

Fri, 01 Dec 2017 19:00:36 GMT

Bitcoin returns to $10,500

On Friday, the most popular cryptocurrency recovered from $9,500 to $10,500, as the US Commodity Futures Trading Commission permitted CME Group and its rival CBOE Global Markets to list Bitcoin futures.

Fri, 01 Dec 2017 18:02:01 GMT

Flynn pleads guilty to lying to FBI

Michael Flynn, the former US national security adviser, pleaded guilty to giving false information to the FBI about his contacts with Russian ambassador Sergey Kislyak during transition period in the end of 2016.

Fri, 01 Dec 2017 18:01:49 GMT

McConnell says Senate ready to pass tax bill

The US Senate Majority Leader Mitch McConnell announced on Friday that Republicans have collected the votes for successful adoption of the tax bill. He added that final vole will happen "later today."

Fri, 01 Dec 2017 17:03:57 GMT

Syrian envoy blames Saudis for failed talks

Bashar al-Ja‘afari, the envoy of Syrian government to UN-backed peace talks that take place in Geneva, said that Saudi Arabia does not want to find political solution to the crisis, thus undermining the whole process of negotiations.

Fri, 01 Dec 2017 17:03:50 GMT

Potsdam police defuse explosive device

According to local police, an unknown item found at the Christmas market in Potsdam was an explosive device. Law enforcement agents that arrived on scene have successfully defused it.

Fri, 01 Dec 2017 16:18:01 GMT

Syrian negotiator leaves Geneva talks

On Friday evening, delegation of the Syrian government quit peace talks in Geneva and threatened not to return at all, as opposition forces categorically reject any role of Bashar al-Assad in post-war Syria.

Fri, 01 Dec 2017 16:17:53 GMT

Army leaders take top positions in Zimbabwe's government

The new President of Zimbabwe Emmerson Mnangagwa made Major-General Sibusiso Moy the Foreign Minister, while other military commander Perrance Shiri got under management the land portfolio.

Fri, 01 Dec 2017 15:19:17 GMT

Germany excludes third diplomat from North Korea

The German Foreign Minister Sigmar Gabriel stated on Thursday that Germany withdrew the third diplomat from the embassy in North Korea amid Pyongyang's nuclear missile programme.

Fri, 01 Dec 2017 15:02:13 GMT

Canada jobless rate drops in November

According to Statistics Canada, the unemployment rate in the country fell to 5.9% in November, beating analysts' forecasts of a slight decline to 6.2% from the prior month's 6.3% rate.

Fri, 01 Dec 2017 14:01:04 GMT

German Manufacturing PMI comes at 62.5 in November

Markit reported on Friday that German Manufacturing activity remained on hold at 62.5 in November, fully meeting analysts' expectations for the unchanged reading.

Fri, 01 Dec 2017 14:00:53 GMT

CME's bitcoin futures contract to be launched this month

On Friday, CME Group stated it was planning to launch a bitcoin futures contract on December 18, as it aimed to provide the regulated trading platform for the market of cryptocurrency futures.

Fri, 01 Dec 2017 13:11:41 GMT

Ukraine warns reforms to get harder ahead of election

Ukraine's President Petro Poroshenko stated on Friday it would get harder for reformist legislation to muster votes in the Parliament as the election approached.

Fri, 01 Dec 2017 13:11:31 GMT

Germany, Norway to produce missile built on NSM tech

Germany and Norway agreed to develop a missile for the navies that is based on the Naval Strike Missile of Kongsberg Gruppen, the Norwegian Defence Minister stated on Friday.

Fri, 01 Dec 2017 11:53:17 GMT

Spotify, Tencent Music consider swapping stakes

Swedish Spotify and Chinese music group Tencent Holdings are planning to swap their stakes up to 10% in each other's businesses, before their estimated public listings in 2018.

Fri, 01 Dec 2017 11:53:08 GMT

SPD, Merkel's Conservatives ready to trigger coalition talks

On Thursday, Germany's Social Democrats and the Chancellor Angela Merkel's Conservative Party agreed to launch the negotiations on forming a new grand coalition.

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