News

Note: This section contains information in English only.
Fri, 27 Oct 2017 14:08:03 GMT

Catalonia declares independence from Spain

On Friday, the Catalan regional Parliament proclaimed independence from Spain in a vote that would likely be declared as illegal by the Spanish Constitutional Court.

Fri, 27 Oct 2017 13:13:01 GMT

US opens inquiry into Ford Fusion cars over steering wheels

The American NHTSA stated on Friday that it had launched an investigation into 841K Ford Fusion vehicles over their steering wheels that could potentially detach while driving.

Fri, 27 Oct 2017 13:12:13 GMT

Chevron's profit jumps 52% in Q3

Chevron reported on Friday that its Q3 profit soared 52% on higher natural gas and oil prices, while the production surged 8% to 2.7M barrels of the oil equivalent per day.

Fri, 27 Oct 2017 12:14:00 GMT

Phillips 66 Q3 profit beats estimates

On Friday, the US refiner Phillips 66 reported that its Q3 profit topped analysts' expectations, boosted by surge in refining margins, following the Hurricane Harvey aftermath.

Fri, 27 Oct 2017 12:03:09 GMT

Deutsche See's lawsuit against VW rejected

The Court of Germany rejected on Friday a lawsuit against Volkswagen over diesel-test cheating brought by the fish distributor Deutsche See.

Fri, 27 Oct 2017 10:51:47 GMT

Ireland calls UK for clarity over border before Brexit talks

Ireland's Foreign Minister Simon Coveney stated on Friday that the Brexit talks on trade ties with the EU could not move due to the lack of clarity over the Irish border.

Fri, 27 Oct 2017 10:50:39 GMT

Twitter blocks ads from Russia's Sputnik, RT media outlets

On Thursday, Twitter banned Russian news outlets Sputnik and Russia Today from buying ads on the social media's network amid accusations of the 2016 US election meddling.

Fri, 27 Oct 2017 10:01:03 GMT

Moody's: China's long-term growth plan could improve its ratings

Moody's Investors Service said that China's re-focus on the quality of growth would improve productivity and thus provide a positive environment for an increase in the country's ratings.

Fri, 27 Oct 2017 09:59:22 GMT

European shares peak on Friday amid good earnings, ECB statement

European shares were trading near a five-month high on Friday, being driven by solid earnings and the European Central Bank's decision to continue its monetary stimulus.

Fri, 27 Oct 2017 09:25:07 GMT

Uber names banking top executive as its UK chairman

The former banking executive Laurel Powers-Freeling was appointed as Uber's first UK chairman and would take his new position on November 1.

Fri, 27 Oct 2017 09:15:28 GMT

Spain set to impose Article 155 in Catalan crisis

Spanish government is prepared to trigger a direct rule in the wealthy region of Catalonia on Friday; a move that may spark unrest, as secessionists urge for a defiant independence declaration.

Fri, 27 Oct 2017 08:21:21 GMT

Cambodia PM has no fear of US sanctions

Cambodia's PM Hun Sen stated on Friday that the Western sanctions would not hurt him, following some threats by the US senators to impose travel restrictions over the opposition leader's arrest.

Fri, 27 Oct 2017 08:17:50 GMT

Huntsman, Clariant abandon $20B merger

The specialty chemicals maker Huntsman and Clariant agreed to abandon the proposed $20B merger amid a rising number of shareholders joining the White Tale activist investor to oppose that deal.

Fri, 27 Oct 2017 07:28:18 GMT

CVS seeks to acquire US health insurer Aetna

The US pharmacy operator CVS Health made a bid for the US health insurer Aetna, offering it more than $66B for a deal or over $200 per share.

Fri, 27 Oct 2017 07:24:18 GMT

China's HNA considers buying e-commerce firm Dangdang

The Chinese HNA Group is considering to buy the e-commerce firm Dangdang's controlling stake in a deal likely to value the online marketplace at more than $1B.

Fri, 27 Oct 2017 06:24:33 GMT

Tesla to slash Model 3 part orders from Taiwan's Hota

The luxury electric automaker Tesla is planning to cut part orders for its Model 3 sedan by 40% from the Taiwan car component maker Hota, starting from December 2017.

Fri, 27 Oct 2017 06:15:13 GMT

Australia's Deputy PM ruled ineligible for Parliament

On Friday, the High Court of Australia declared the Deputy Prime Minister Barnaby Joyce ineligible to stay in the Parliament, depriving the government of its one-seat majority.

Fri, 27 Oct 2017 05:13:01 GMT

Mexican Senate passes part of 2018 budget

Late on Thursday, the Mexican Senate approved a part of 2018 budget, taking measures to help hike fund allocation for recovery after the two quakes that hit the country last month.

Fri, 27 Oct 2017 05:11:51 GMT

Turnbull says "business of government goes on"

On Friday, Australia's Prime Minister Malcolm Turnbull said the government continued to work as usual despite the citizenship row that forced the country's Deputy PM to leave the parliament.

Fri, 27 Oct 2017 04:23:47 GMT

Euro zone provides €800M loan to Greece

The Euro zone's bailout fund ESM announced its decision to pay out €800M to Greece in a credit to secure funds for paying arrears of the Greek government.

Fri, 27 Oct 2017 04:21:16 GMT

Baidu revenue prospect clouded by Congress meeting, shares drop

China's search engine major Baidu expects weaker revenue prospects for the rest of 2017, blaming lost sales of advertising during the Congress meeting and sending its shares 10% down.

Fri, 27 Oct 2017 03:29:44 GMT

Amazon sales grow after acquisition with Whole Foods, Prime Day campaign

Amazon stated that its sales increased in summer and profit surpassed forecasts, as customers reacted on the company's Prime Day promotions and purchased at Whole Foods stores.

Fri, 27 Oct 2017 03:25:49 GMT

China's industrial profits jump most in six years in September

Chinese industrial powerhouses' profits grew the most in about six years by 27.7% over the course of September, as fears of supply shortages in winter sent prices sharply higher.

Fri, 27 Oct 2017 02:33:33 GMT

GE, Apple release app-making instruments for industrial internet

General Electric and Apple released app-making tools tailored to Predix, the GE's platform, for connecting jet engines, power plants and other equipment to the internet.

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