News

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Sun, 29 Oct 2017 04:58:55 GMT

Iran, Russia to integrate bank card systems

Iranian Central Bank officials stated that Russia and Iran agreed to integrate the countries' banking payment system, and the first stage would be implemented in the next three months.

Sun, 29 Oct 2017 04:56:40 GMT

UAE launch regional free zone dedicated to e-commerce

The United Arab Emirates launched Dubai CommerCity to be the first regional e-commerce free area in the North Africa region and in the Middle East.

Sun, 29 Oct 2017 04:12:15 GMT

ECB Coure hopes bond-buying program will not be extended

Benoit Coeure, the head of the ECB market operations, expressed hopes that the Bank's €2.5 trillion stimulus program would not be extended in September after expiration date.

Sun, 29 Oct 2017 04:10:48 GMT

South Korea's department store sales jump in September

South Korean September department store sales rose at their strongest growth pace in eleven months of an annual 4.9% amid higher demand ahead of the yearly Chuseok holiday.

Sun, 29 Oct 2017 03:33:34 GMT

Russia, Iran to start barter deal on oil and goods

Iran is expected to begin barter deal with Russia in the near future, where Moscow would buy 500K barrels per day of Iran's oil in return for Russian goods and equipment.

Sun, 29 Oct 2017 03:31:23 GMT

Tesla to build largest charging station of Europe in Norway

Electric vehicle maker Tesla is set to build the European largest station for charging in the country of Norway this year, the company announced.

Sat, 28 Oct 2017 20:11:35 GMT

Iceland holds new elections in wake of scandal

On Saturday, Icelanders were forced to participate in second parliamentary elections in two years amid the government collapse that was triggered by sex scandal closely related to the current prime minister.

Sat, 28 Oct 2017 20:04:15 GMT

Barzani promises to step down on November 1

On Saturday, a source from Kurdish government confirmed that their immutable leader Masoud Barzani will not prolong his presidential term and will step down on November 1.

Sat, 28 Oct 2017 19:13:52 GMT

France considers nuclear reactor closures

The French government will outline at the end of next year how many reactors will close to reach a target on decreasing atomic energy, the Environment Minister of France Nicolas Hulot said on Saturday.

Sat, 28 Oct 2017 19:03:31 GMT

Car bomb kills 17 people in Somalia

Another two car bomb blasts killed at least 27 people in Somalia's capital Mogadishu on Saturday. The Islamist group al Shabaab has already claimed responsibility.

Sat, 28 Oct 2017 17:56:38 GMT

France to detail plan for atomic energy cuts by late 2018

The French Environment Minister Nicolas Hulot said on Saturday that France would decide on the number of nuclear reactors to be closed by the end of 2018.

Sat, 28 Oct 2017 17:56:05 GMT

Hyundai reveals its plan to expand sales, service network in India

Hyundai Motor India Ltd plans to expand its service and sales network in Pune in an attempt to strengthen its presence in one of the largest markets in India.

Sat, 28 Oct 2017 16:55:59 GMT

Spain says Puigdemont could participate in Catalan election

The Spanish government explained on Saturday that the sacked Catalan leader Carles Puigdemont was welcomed to participate in the region's election in December.

Sat, 28 Oct 2017 16:55:16 GMT

CB Financial Services reports net profit of $2.1M in Q3

CB Financial Services Inc, the holding of Community Bank, said its net income reached $2.1M in the third quarter of 2017, compared to $1.6M year-on-year.

Sat, 28 Oct 2017 15:55:49 GMT

US likely to play important role at climate talks despite abandoning Paris deal

The US will have an important role at the annual climate meeting taking place from November 6-17 in Bonn, Germany, even despite withdrawing from the Paris agreement.

Sat, 28 Oct 2017 15:53:19 GMT

Deutsche Bank to pay $220M for Libor manipulation

Deutsche Bank has agreed to pay a $220M settlement to the US state of Ohio for an anti-competitive and fraudulent manipulation of the Libor rate.

Sat, 28 Oct 2017 15:03:37 GMT

Erdogan says 7% year-end growth for Turkey possible

The Turkish President Tayyip Erdogan said the country's year-end economic growth might reach 7%, thus improving the 5.1% increase reported in the first half of 2017.

Sat, 28 Oct 2017 14:59:24 GMT

Xinhua: Baidu, Shouqi Limousine&Chauffeur to develop driverless cars

China's Baidu and the ride-booking operator Shouqi Limousine & Chauffeur were to join forces in an attempt to develop driverless vehicles, Xinhua reported on Saturday.

Sat, 28 Oct 2017 13:56:23 GMT

Germany to post €14B budget surplus this year

German federal budget surplus is expected to reach €14B in 2017 amid strong economic growth and higher tax revenues, allowing the government to cover its costs.

Sat, 28 Oct 2017 13:56:14 GMT

US to sustain diplomatic, economic pressure on DPRK

Mike Pence, the US Vice President, stated that the US is set to keep up diplomatic and economic pressure on North Korea, aiming to curb its nuclear missile programs.

Sat, 28 Oct 2017 13:01:01 GMT

Slovak FM urges Euro zone to push on with bailout reforms, banking

Peter Kazimir, the Slovak Finance Minister, said that the Euro zone needs to accelerate bailout fund revamping and completion of banking union, whilst opportunities exist.

Sat, 28 Oct 2017 12:43:48 GMT

Kuroda likely to get second term as BoJ Chief

Haruhiko Kuroda, the Bank of Japan Governor, looked favored to serve the second term as the Central Bank's Chief after his current one ends in the next year's April.

Sat, 28 Oct 2017 12:19:03 GMT

PBOC to boost oversight of cash loans offered online

The People's Bank of China is set to step up the oversight of loans offered in the internet due to increasing concerns on rapid growth in the slightly regulated industry.

Sat, 28 Oct 2017 12:17:30 GMT

Facebook plans to publish political ads' cache

Facebook revealed intention to increase transparency of the company's role in the political advertising before congressional hearings on meddling in the US Presidential Election in 2016.

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