News

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Tue, 17 Oct 2017 11:09:28 GMT

Uber's Christopher Burghardt quits

According to the Financial Times newspaper, Christopher Burghardt, the head of Uber's policy for Europe, has resigned to join the network of EV charging stations ChargePoint. 

Tue, 17 Oct 2017 10:05:17 GMT

BoE Ramsden says it is too early for rate hike

On Tuesday, the New Bank of England Deputy Governor Dave Ramsden noted that there is no need to hurry with interest rate hike due to negligible signs of domestic inflation's pressure building in the UK labour market.

Tue, 17 Oct 2017 10:05:03 GMT

UN asks Bangladesh to speed up border checks

On Tuesday, the UN Refugee Agency urged Bangladesh to accelerate checking of 15K Rohingya refugees "stuck" near the Bangladesh–Myanmar border and move them to safer zone.

Tue, 17 Oct 2017 09:22:53 GMT

Italian trade surplus drops in August

Istat reported on Tuesday that the Italian trade surplus narrowed to €2.77B in August, compared to the prior month's €6.56B and missing analysts' expectations for a drop to €4.23B.

Tue, 17 Oct 2017 08:57:28 GMT

Netflix adds more subscribers than expected, shares hit record

Netflix reported that it had added 5.3M subscribers in the Q3, topping analysts' expectations, while its shares hit record-high on Monday, surging 1.2% to $205.07.

Tue, 17 Oct 2017 08:31:32 GMT

Madame Tussauds summer trade dips amid attacks

The UK Madame Tussauds-owner Merlin Entertainments reported a slide in the key summer trading period, blaming terrorist attacks that took place in Britain recently and unfavourable weather.

Tue, 17 Oct 2017 08:27:24 GMT

HNA Group to invest $7.6B in digital transformation, tourism

HNA Group was willing to invest $7.6B in digital transformation and tourism, the company's CEO stated on Tuesday, not elaborating on further details.

Tue, 17 Oct 2017 07:30:23 GMT

Kobe Steel product data falsification last over 10 years

The Japanese steelmaker Kobe Steel confessed it had falsified data on product specification and quality longer than the 10 years it had previously stated.

Tue, 17 Oct 2017 07:16:36 GMT

PSA, Ford lead EU car sales drop in September

The US carmaker Ford and its French competitor PSA Group led a 2% decline in the European car sales in September, with a 5% drop in the PSA combined sales and a 13% fall in the Ford sales.

Tue, 17 Oct 2017 06:32:03 GMT

Australia names ex-Goldman banker as corporate watchdog head

On Tuesday, Australia hired the former Goldman Sachs banker James Shipton to head the country's corporate watchdog, starting February 2018.

Tue, 17 Oct 2017 06:28:05 GMT

Airbus-Bombardier deal to launch CSeries jet sales in Asia

According to analysts, the deal between Airbus and Bombardier is expected to trigger the CSeries jet sales in Asia amid a better sales network provided by the EU planemaker.

Tue, 17 Oct 2017 05:10:40 GMT

Airbus to buy a stake in Bombardier

On Monday, Airbus decided to buy a 50.01% stake in the Bombardier Inc's CSeries Aircraft Limited Partnership (CSALP), which produces and sells the CSeries planes.

Tue, 17 Oct 2017 05:09:46 GMT

OPEC's compliance rate amounts to 86%

On Tuesday, the International Energy Agency Executive Director Fatih Birol noted that members of the OPEC reached a compliance rate with their supply cut promises of nearly 86%.

Tue, 17 Oct 2017 04:27:41 GMT

US presumes direct talks with North Korea

On Tuesday, the Deputy Secretary of State John J. Sullivan said that the United States and its allies want to resolve a problem made by North Korea through diplomatic means and do not exclude possibility of direct talks with Pyongyang.

Tue, 17 Oct 2017 04:27:10 GMT

Oil price surge to $58.47

During Monday's trading session oil prices increased to $58.47 a barrel, as Iraqi military started to seize the city of Kirkuk from Kurdish forces.

Tue, 17 Oct 2017 02:58:54 GMT

New Zealand inflation growth jumps in Q3

New Zealand's inflation picked up 0.5% in the Q3, with a 1.9% yearly increase, which was unlikely to alter the Central Banks' intention to maintain interest rates unchanged for years.

Tue, 17 Oct 2017 02:58:02 GMT

Japan, US to cooperate against North Korea

Japan and the US agreed to cooperate against the increasing threat of North Korea, but failed to gap differences on issues of trade in the course of bilateral economic talks.

Tue, 17 Oct 2017 02:08:34 GMT

Singapore exports decline unexpectedly in September

Singapore's exports dropped 1.1% in September, the first on-year decline in five months, as shipments of electronics marked their first decrease in a year.

Tue, 17 Oct 2017 02:07:49 GMT

No Brexit deal to raise Britons' bills by $345 a year

The UK households will have to pay $345 higher bills a year for clothing, food and transport, if the country's government fails to strike a free trade deal with EU.

Mon, 16 Oct 2017 19:55:04 GMT

Israel approves new Hebron settler homes

Israeli authorities approved permits for 31 settler homes in Hebron of the occupied West Bank for the first time since 2002.

Mon, 16 Oct 2017 19:52:36 GMT

Taliban peace talks resume

On Monday, Afghanistan, Pakistan, China and the US met in Oman to resume peace talks with the Taliban.

Mon, 16 Oct 2017 18:55:14 GMT

Apple's iPhone 7 outsells iPhone 8

Capital Markets reported on Monday that Apple's iPhone 7 was outselling the new iPhone 8 in the US and UK ahead of the iPhone X launch.

Mon, 16 Oct 2017 18:50:56 GMT

Mexican Finance Minister says NAFTA puts pressure on Peso

The Mexican Finance Minister Jose Antonio Meade reported on Monday that the Peso's depreciation was triggered by the high level of uncertainty surrounding the NAFTA renegotiation.

Mon, 16 Oct 2017 17:52:47 GMT

EU reaffirms support for Iran nuclear deal

On Monday, the European Union backed the Iran nuclear deal despite the US President Donald Trump's criticism.

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