News

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Mon, 27 Nov 2017 12:00:39 GMT

Berlusconi sees Carabinieri head as Italy's next PM

Silvio Berlusconi suggested on Sunday that the Carabinieri general Leonardo Gallitelli could become Italy's next Prime Minister, in case his centre bloc wins the 2018 national elections.

Mon, 27 Nov 2017 11:59:26 GMT

Kremlin claims Chechnya head to remain in post

On Monday, the Kremlin stated that the head of Chechnya Ramzan Kadyrov would stay in his position, despite the comments he had made on his presumable resignation.

Mon, 27 Nov 2017 10:59:26 GMT

Euro reaches two-month high against US Dollar on Monday

The Euro reached a new two-month high of $1.1997 against the US Dollar on Monday, as the formation of the ‘grand coalition' eased political tensions in Germany.

Mon, 27 Nov 2017 10:58:06 GMT

PLDT is likely to involve Chinese partner for its digital unit, says CEO

The telecommunications company PLDT Inc. was likely to draw in a strategic partner from China for its digital unit Voyager Innovations, the company's CEO said on Monday.

Mon, 27 Nov 2017 10:07:57 GMT

Only 24% of Catalans seek to pursue exit from Spain

According to the El Pais newspaper's poll published on Monday, only 24% of Catalans seek to continue with the region's independence process after the elections scheduled for December 21.

Mon, 27 Nov 2017 10:01:11 GMT

China to spend over $3B on CEE investment projects

China was planning to pledge more than $3B in funding for the Central and Eastern Europe's investment and development projects, the country's Premier Li Keqiang stated on Monday.

Mon, 27 Nov 2017 09:06:18 GMT

Myanmar's State Counsellor to visit Beijing

Myanmar's State Counsellor Aung San Suu Kyi is set to visit China in the near future, as Myanmar aims to stay closer to its neighbour amid the Western criticism over Rohingya exodus.

Mon, 27 Nov 2017 08:58:37 GMT

Samsung Elec shares fall to one-month low on Monday

Shares in Samsung Electronics dropped over 4% on Monday to its one-month low, following Morgan Stanley's cut view on South Korea's tech giant, forecasting another boom in its memory chips soon.

Mon, 27 Nov 2017 08:28:11 GMT

6.2-magnitude quake hits Papua New Guinea

According to the US Geological Survey, a 6.2-magnitude earthquake hit Papua New Guinea on Monday; however, no information on injuries or damage has been reported yet.

Mon, 27 Nov 2017 07:30:54 GMT

Mexico FinMin to step down amid 2018 Presidential election

The Mexican Finance Minister Jose Antonio Maede is planning to leave his post on Monday amid the PRI intention to name him as a candidate for the upcoming 2018 Presidential election.

Mon, 27 Nov 2017 07:24:12 GMT

Julius Baer's head Collardi resigns for post at Pictet

Switzerland's private bank Julius Baer announced on Monday that its CEO Boris Collardi was eager to quit, as he sought to take a new post at Pictet Group.

Mon, 27 Nov 2017 06:13:57 GMT

Japan to compile extra budget for fiscal 2017

According to government sources with knowledge on the matter, Japan is ready to compile the extra budget of around $24-26B for the fiscal 2017.

Mon, 27 Nov 2017 06:13:23 GMT

Japan's Sompo launches fintech hub in Tel Aviv

Japan's insurer Sompo has launched a fintech base in Tel Aviv, becoming the first Japanese insurance company to set up a hub in Israel where it hopes to use the advantage of local IT experts.

Mon, 27 Nov 2017 05:17:30 GMT

Merkel's party agrees to pursue "grand coalition"

Angela Merkel's Christian Democrats and the Social Democratic Party of Germany have agreed to pursue a "grand coalition" in order to resolve the ongoing political crisis in the country.

Mon, 27 Nov 2017 05:16:36 GMT

US consumer watchdog bureau wants to block Trump's pick

The US Consumer Financial Protection Bureau filed a lawsuit in an attempt to bar Donald Trump from picking the acting chief of the watchdog agency despite his right to do so.

Mon, 27 Nov 2017 04:26:09 GMT

Russia's Chechnya leader ready to step down

Ramzan Kadyrov, the Russia's Chechnya republic leader, stated that he was ready to resign, leaving possibility for the Kremlin to decide on his successor.

Mon, 27 Nov 2017 04:25:36 GMT

Meredith to buy Time for $1.84B

The US media firm Meredith said that it is set to buy Time Inc, the publisher of Fortune, Sports Illustrated and People magazines, in a $1.84B deal backed by Charles and David Koch.

Mon, 27 Nov 2017 02:56:53 GMT

China industrial profits' growth cools slightly in October

The NBS said that profits earned by Chinese industrial firms rose 25.1% year-on-year to $112.94B in October, following a 27.7% annual increase in September.

Mon, 27 Nov 2017 02:56:01 GMT

UK establishes strategy for industry as Brexit nears

The government of Britain created a new plan for industry, aiming to interfere in key sectors to deal with weak productivity and bolster companies to counter new Brexit problems.

Sun, 26 Nov 2017 21:00:14 GMT

Mexico questions Uber over data breach

On Sunday, the National Institute of Transparency, Access to Information and Protection of Personal Data said it would ask Uber to share information about the consequences of a massive personal data breach that happened a year ago but was disclosed only last week.

Sun, 26 Nov 2017 20:56:28 GMT

Bali's authorities evacuate people amid volcano eruption

According to Indonesian authorities, nearly 24K people were evacuated amid huge column of ash and smoke that was caused by volcano eruption on Bali's Mount Agung.

Sun, 26 Nov 2017 20:00:13 GMT

Romanians protest against judicial overhaul

On Sunday, thousands of Romanians took to the streets to protest against the ruling party's legislative proposal that aims to secure various state officials from prosecution for corruption.

Sun, 26 Nov 2017 20:00:04 GMT

Bali's volcano causes air delays

On Sunday, various flights were either cancelled or delayed amid a six thousand metres column of smoke and ash caused by volcano eruption on Bali's Mount Agung.

Sun, 26 Nov 2017 19:01:29 GMT

Cuba holds municipal elections

On Sunday, citizens of Cuba went to polling stations to elect new delegates to municipal assemblies. The vote precedes another election in early 2018 for provincial and national assembly legislators.

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