News

Note: This section contains information in English only.
Wed, 29 Nov 2017 17:00:58 GMT

Fed considering its own digital currency

William Dudley, the President of the Federal Reserve Bank of New York, stated in a conference on Wednesday that the US central bank was starting to think about its own digital currency.

Wed, 29 Nov 2017 17:00:51 GMT

Venezuela removes UN representative Rafael Ramirez

Venezuela reported on Wednesday that Rafael Ramirez had been removed from the post of United Nations representative in New York.

Wed, 29 Nov 2017 16:16:49 GMT

Yellen says Fed continues interest rate increases

The Fed Chairwoman Janet Yellen reported on Wednesday the US central bank would continue increasing short-term interest rates on a global recovery of the US economy.

Wed, 29 Nov 2017 16:08:35 GMT

Nasdaq plans to launch Bitcoin futures in 2018

A WSJ report has showed that Nasdaq plans to launch Bitcoin futures in the first half of the next year.

Wed, 29 Nov 2017 15:04:01 GMT

Trump calls China's Xi to put pressure on North Korea

The US President Donald Trump urged China's leader Xi Jinping to exert pressure on North Korea and convince it to halt provocations, following Pyongyang's successful ICBM test launch.

Wed, 29 Nov 2017 14:57:29 GMT

Disney to cut about 150 jobs at ESPN

Walt Disney's ESPN unit is phasing out around 150 employees working in technology, digital content and studio production, its President John Skipper stated in a memo on Wednesday.

Wed, 29 Nov 2017 14:30:03 GMT

Apple sues Qualcomm over patent infringement

Apple accused Qualcomm patent infringement in counter claim on Thursday, alleging that its Snapdragon chips used in the majority of Android-based devices had infringed on Apple's patents.

Wed, 29 Nov 2017 14:03:22 GMT

Chipotle's founder Ells to quit as CEO

Chipotle Mexican Grill's founder Steve Ells was eager to resign as CEO as soon as a new candidate was found to replace him, the company stated on Wednesday.

Wed, 29 Nov 2017 13:24:56 GMT

British and Iraqi PMs meet in Baghdad

On Wednesday, Iraqi Prime Minister Haider al-Abadi met his British counterpart Theresa May in Baghdad during her first visit to Iraq after coming to power in 2016.

Wed, 29 Nov 2017 13:17:07 GMT

Facebook makes progress in eliminating extremist content

Facebook reported on Wednesday on progress in fast removing of extremist content on the platform, which is about 83% of erased material within one hour after being uploaded.

Wed, 29 Nov 2017 11:55:39 GMT

DHL, Fortigo pre-orders Tesla Truck for tests

Fortigo Freight Services and DHL pre-ordered Tesla's new electric truck Semi, as they seek to test the vehicle for fuel efficiency on limited routes.

Wed, 29 Nov 2017 11:55:30 GMT

Kremlin views North Korea's ICBM test as provocative act

The Kremlin urged all sides to keep calm over North Korea's ICBM missile test in order to avoid a clash, but called the test launch a provocative act.

Wed, 29 Nov 2017 11:16:08 GMT

Major privacy case at US Supreme Court

On Wednesday the US Supreme Court is going to weigh on whether police officials have to obtain warrants to use the past locations data of cell phones of suspected criminals.

Wed, 29 Nov 2017 11:15:30 GMT

China still faces downwards risks

A senior regulator of the Chinese banking sector has expressed that in the early 2018 downwards risks tot eh Chinese economy might become apparent.

Wed, 29 Nov 2017 10:33:10 GMT

Japanese workers' pay to be lowered by around $45B

Japan workers' pay will be cut by $44.86B on the back of the government's plans to reduce the notoriously long working hours.

Wed, 29 Nov 2017 10:22:17 GMT

Egypt's Sisi orders military head to secure Sinai

The President of Egypt Abdel Fattah al-Sisi ordered his military chief on Wednesday to secure the peninsula of Sinai within the following three months by using all force necessary.

Wed, 29 Nov 2017 09:34:05 GMT

Cambodia's PM to ask China for more aid, investment

The Cambodian PM Hun Sen is about to ask China for more aid and investment during his visit this week, following the Western donor pressure due to a critics crackdown ahead of the 2018 elections.

Wed, 29 Nov 2017 09:19:09 GMT

BMW seeks for carmakers to develop small e-vehicles

German automaker BMW is looking for partners to reduce the cost of electrifying the future Mini small electric cars, the board member Peter Schwarzenbauer stated.

Wed, 29 Nov 2017 08:31:46 GMT

GM's Corvette super car to have price of $119,995

General Motors' global product development head stated on Tuesday that its 755-horsepower Corvette super car would have a $119,995 price at start and above up to $123,995.

Wed, 29 Nov 2017 08:26:18 GMT

London Stock Exchange Chief Rolet resigns

The CEO of London Stock Exchange Xavier Rolet stepped down from his post, following the bourse clash with a senior shareholder dragged in the BoE.

Wed, 29 Nov 2017 07:34:12 GMT

Daimler rebuffs Geely's offer to take about 5% stake

Daimler has turned down the offer from Chinese Geely to take up to 5% stake via a new discounted share issue amid reluctance to view existing shareholding diluted.

Wed, 29 Nov 2017 07:29:01 GMT

Indonesia to resume Bali airport operations on Wednesday

Indonesia is planning to reopen the Bali airport at 1500 local time on Wednesday, after it was closed for the third time due to volcanic ashes.

Wed, 29 Nov 2017 06:06:24 GMT

North Korea claims new ICBM can reach US

North Korea has announced that the last tested missile of the state is capable of reaching the US mainland.

Wed, 29 Nov 2017 05:37:51 GMT

Uber losses widen in third quarter

The third quarter losses of Uber Technologies Inc have increased to $1.46 billion, compared to the $1.06 billion in previous quarter.

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