News

Note: This section contains information in English only.
Mon, 09 Oct 2017 14:27:31 GMT

GM to buy Strobe in driverless car push

General Motors will acquire Strobe that helps driverless cars to identify objects at distance, using LIDAR technology, as the company seeks to boost its push for self-driving vehicles into the market.

Mon, 09 Oct 2017 13:25:15 GMT

Hamas, Fatah to discuss Gaza security under unity deal

On Tuesday, the negotiators from the Islamist group Hamas and the rival Palestinian factions Fatah are planning to discuss Gaza Strip's security at the Cairo unity talks.

Mon, 09 Oct 2017 12:57:42 GMT

Air Berlin flights to be ceased by October's end

Air Berlin announced on Monday it would completely cease its flights by October 28, calling staff of the insolvent German carrier to seek new jobs.

Mon, 09 Oct 2017 11:55:37 GMT

Indonesia probes StanChart $1.4B transfer to Singapore

Indonesia has launched an investigation into reports on Standard Chartered clients' $1.4B transfer to Singapore, which took place right before Singapore moved to the new tax transparency measures.

Mon, 09 Oct 2017 11:55:27 GMT

Weinstein's co-Chairman ousted over harassment allegations

The Weinstein board fired its co-Chairman Harvey Weinstein amid the alleged sexual harassment against the executive, the company stated on Sunday.

Mon, 09 Oct 2017 10:52:12 GMT

NATO launches new military force in Romania to monitor Black Sea

NATO established a small military force in Romania this Monday with an aim to support the Eastern European border and monitor Russia's growing presence in the Black Sea.

Mon, 09 Oct 2017 10:51:56 GMT

ONS re-adjusts British unit labour costs to 2.4% in Q2

The British Office for National Statistics reported on Monday that unit labour costs in Q2 2017 stood at 2.4%, thus re-adjusting its original calculations of 1.6% released on Friday.

Mon, 09 Oct 2017 10:08:25 GMT

Investor confidence in Euro zone reaches 10-year high in October

Investor confidence in the Euro zone beat expectations in October after reaching a 10-year high of 29.7 points, the latest Sentix survey reported on Monday.

Mon, 09 Oct 2017 09:59:21 GMT

German factory output surges 2.6% in August

The German industrial production increased by 2.6% in August, as this fastest monthly rise in six years might point to a solid GDP growth in the third quarter of 2017.

Mon, 09 Oct 2017 09:34:39 GMT

Rajoy confident Spain to be undivided

The Spanish PM Mariano Rajoy stated that the country would not be divided, despite the Catalan authorities overwhelmingly supported the independence referendum.

Mon, 09 Oct 2017 09:07:46 GMT

China expects Iran nuclear accord to stay intact

On Monday, China stated that it was hoping that the Iran nuclear deal would stay intact, following the US President Donald Trump's intention to decertify the accord.

Mon, 09 Oct 2017 08:31:42 GMT

ECB sure EU banks ready for rate shocks

The European Central Bank assured on Monday that the Euro zone banks appear well prepared for any sharp change in interest rates.

Mon, 09 Oct 2017 08:14:46 GMT

Ericsson names Leten as new chairman

The former CEO of Atlas Copco Ronnie Leten has been picked as Ericsson's new chairman to replace Leif Johansson, who was eager to step down from his post.

Mon, 09 Oct 2017 07:29:56 GMT

Airbus shares drop after CEO warns of restless times

On Monday, shares in Airbus plunged 1.7% to €79.91 after hitting a record high of €82.25 last week, following the company's CEO statement that the EU planemaker was expecting turbulent times ahead.

Mon, 09 Oct 2017 07:16:15 GMT

Uber to suspend unlicensed service in Oslo

Uber is planning to suspend its unlicensed UberPOP service in Norway, until the country introduces new requirements, as the US ride-hailing company is changing its tactics in cooperation with national authorities.

Mon, 09 Oct 2017 06:26:20 GMT

12 Rohingya dead as boat capsises on way to Bangladesh

At least 12 Rohingya Muslims drowned closed to Shah Porir Dwip as the boat capsised on their way to Bangladesh, the police reported on Monday.

Mon, 09 Oct 2017 06:23:26 GMT

Honeywell to spin-off new businesses

Honeywell is preparing to spin-off its non-core assets and create no less than two publicly listed firms as the company aims to streamline the business.

Mon, 09 Oct 2017 05:10:58 GMT

China denies links to supposed US cyber attacks

Chinese authorities have denied links to the supposed cyber attacks in the US targeting the exiled tycoon Guo Wengui. 

Mon, 09 Oct 2017 05:10:04 GMT

UN ICAO removes red flag against Thailand

On Monday, the Civil Aviation Authority of Thailand said the UN ICAO had lifted a red flag against the country, helping Thai airlines' shares recover.

Mon, 09 Oct 2017 04:17:53 GMT

Solar cars race across desert in Australia

The World Solar Challenge kicked off on Sunday, with over 40 solar vehicles crossing an Australian desert from Darwin to Adelaide.

Mon, 09 Oct 2017 04:17:10 GMT

China's Caixin Services PMI falls to 50.6 in September

Business activity in the Chinese services sector plunged to a 21-month low, with the Caixin/Markit Services PMI falling to 50.6 over the month of September.

Mon, 09 Oct 2017 02:58:51 GMT

Credit Agricole Chief expresses interest in Commerzbank

Philippe Brassac, the Chief of Credit Agricole, had expressed his interest in Commercbank in case the Germany's lender was to be up for sale.

Mon, 09 Oct 2017 02:57:56 GMT

Negotiations on Air Berlin jets sale to easyJet at risk to fall apart

Talks between easy Jet and the insolvent carrier Air Berlin about the sale of 30 planes were at risk of collapsing, as easyJet reduced its offer to $58.69M.

Mon, 09 Oct 2017 02:21:14 GMT

UK May to consult major businesses on Brexit

British PM Theresa May Is likely to meet with Vodafone, HSBC, GlaxoSmithKline and other majors to hear what the companies want from negotiations on UK-EU relations after Brexit.

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