News

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Tue, 21 Nov 2017 13:33:23 GMT

Analog Devices posts 53.6% rise in Q4 revenue

On Tuesday, the chipmaker Analog Devices stated that its Q4 revenue jumped 53.6%, driven by a higher demand from its connected devices market and self-driving cars.

Tue, 21 Nov 2017 13:29:37 GMT

Nigeria suicide attack death toll reaches 50

The death toll in Nigeria surged to 50 after a suicide bomber blew himself up in a mosque on Tuesday; the deadliest attack this year, according to the government.

Tue, 21 Nov 2017 11:56:10 GMT

Kiev declares Belarus diplomat persona non-grata

Ukraine expelled a Belarus diplomat on Tuesday in a tit-for-tat move over Belarus's allegations that the Ukraine defence ministry set up a spy-ring in its capital of Minsk.

Tue, 21 Nov 2017 11:56:00 GMT

Lowe's Q3 profit greater than doubles

Lowe's reported on Tuesday that its profit more than doubled in the Q3, driven by cost cuts and higher demand for rebuilding material and emergency supplies, after hurricanes hit several US regions.

Tue, 21 Nov 2017 11:15:21 GMT

Chinese trade surplus drops in October

According to the Federal Statistical Office, China's trade surplus narrowed to CNY 2.33B in October, compared to the prior month's increase to CNY 2.92B, missing forecasts for a jump to CNY 3.21B.

Tue, 21 Nov 2017 10:57:26 GMT

Germany detains six suspects allegedly planning attack

On Tuesday, German police detained six Syrian nationals suspected of planning a terrorist attack using explosives and weapons on behalf of the IS militant group.

Tue, 21 Nov 2017 10:19:36 GMT

Iran President proclaims end of Islamic State

Iran's President Hassan Rouhani declared on Tuesday the end of the Islamic State in a live broadcast on the national TV, after the last territory had been retaken from the IS control.

Tue, 21 Nov 2017 10:06:45 GMT

German parties given three weeks to form stable government

On Tuesday, the Chancellor Angela Merkel's aide Peter Altmaier appealed to the German political parties to find the way out of its political crisis and form a stable government as early as in three weeks.

Tue, 21 Nov 2017 09:31:16 GMT

Czech police seek prosecution of PM Babis

The Czech police called the Parliament to allow prosecution of the prospective Prime Minister Andrej Babis in a case over the alleged fraud of the EU subsidies.

Tue, 21 Nov 2017 09:27:05 GMT

21st Century Fox reaches settlement in sexual harassment row

21st Century Fox reached a $90M settlement of the shareholder claims tied to sexual harassment scandal at the company's Fox News Channel.

Tue, 21 Nov 2017 08:34:33 GMT

Rosneft head mot to attend Ulyukayev court hearings

The CEO of Russia's oil giant Rosneft Igor Sechin will miss the court hearings on November 22 over the former Economy Minister Alexei Ulyukayev case, where he was set to act as trial's witness.

Tue, 21 Nov 2017 08:27:10 GMT

Tillerson accused of law breach on child soldiers

A dozen of the US State Department officials formally accused the State Secretary Rex Tillerson of a federal law violation, designed to halt foreign militaries to enlist child soldiers.

Tue, 21 Nov 2017 07:12:26 GMT

Putin and Trump to talk over phone after Assad's visit to Russia

According to the Interfax news agency, the President of Russia Vladimir Putin will have a telephone conversation with his colleague Donald Trump as well as some other world leaders, including the Emir of Qatar, right after the Syrian President Bashar al-Assad's visit to Sochi.

Tue, 21 Nov 2017 07:05:11 GMT

Chinese developers turn to alternative fund-raising channels

According to reports, major Chinese developers like Country Garden and China Vanke are actively turning to the securitization market, as a substitute to inaccessible onshore corporate bond market.

Tue, 21 Nov 2017 06:08:33 GMT

Myanmar counts on deal with Bangladesh on Rohingya refugees

On Tuesday, the leader of Myanmar Aung San Suu Kyi said she expects that negotiations with Bangladesh will result in conclusion of memorandum of understanding on the "safe return" of Rohingya refugees back into the country.

Tue, 21 Nov 2017 06:01:00 GMT

Honda China JVs to recall 254,650 cars in 2018

The Japanese automaker Honda announced on Tuesday that its joint-venture enterprises in China will recall 254,650 automobiles starting from January in order to repair rear-view mirrors on the doors.

Tue, 21 Nov 2017 05:22:48 GMT

Mexico's presidential candidate vows economic stability

Mexico's leftist presidential candidate Andres Manuel Lopez Obrador promised on Monday to increase infrastructure spending and support various social programs without introducing new taxes or raising the debt-to-GDP ratio.

Tue, 21 Nov 2017 05:16:21 GMT

Oil prices surge to $62.20

Oil crude prices rose by 8 cents on Tuesday, reaching $62.20 a barrel, as rising output in the United States undermined the upcoming OPEC meeting on further extension of production cuts.

Tue, 21 Nov 2017 03:52:09 GMT

White House asks US Supreme Court to accept full travel ban

White House asked the US Supreme Court to allow Donald Trump's travel ban to come into full effect after California's appeal court ruled that it could be enacted only partially.

Tue, 21 Nov 2017 03:51:37 GMT

China promises to be more open-minded to providing information

Chinese local and central governments would be more open to providing information for other countries to help them understand China, according to a senior government official.

Tue, 21 Nov 2017 03:01:32 GMT

Mexico, Canada to rebuff US over NAFTA targets as progress slows

Mexico and Canada are set to rebuff the US over its demand for stricter NAFTA automotive content regulations, as progress in talks weakened, top officials stated.

Tue, 21 Nov 2017 02:59:08 GMT

US sues to block AT&T purchasing Time Warner

The US Justice Department sued AT&T to stop its 85.4B acquirement of Time Warner, saying that the deal could push prices for pay-TV subscribers and rivals.

Mon, 20 Nov 2017 17:00:34 GMT

Saudi Prince detention slows down loan to Kingdom Holding

The plan of Kingdom Holding to borrow money in order to fund new investments slowed down as Prince Alwaleed bin Talal had been detained in anti-corruption crackdown.

Mon, 20 Nov 2017 17:00:19 GMT

US credit access improves

The Federal Reserve Bank of New York reported on Monday that Americans' access to credit improved as people's financial shock declined.

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