News

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Thu, 21 Sep 2017 09:26:01 GMT

Philippines expects inflation unchanged in 2017, 2018

On Thursday, the Philippine Central Bank posted its forecasts, saying it expected inflation to remain on hold at 3.2% this year and anticipated the same reading in the following year.

Thu, 21 Sep 2017 09:16:01 GMT

Nestle to phase out around 450 jobs in France

Nestle is willing to cut about 450 jobs at the Galderma research and development centre in the Southern France amid its intention to make the unit more efficient.

Thu, 21 Sep 2017 08:33:25 GMT

China underlines Iran nuclear deal importance amid DPRK crisis

According to China's Foreign Minister Wang Yi, the current North Korea situation showed the importance of the Iran nuclear deal and China would support and safeguard this accord.

Thu, 21 Sep 2017 08:24:12 GMT

Swisscom establishes new blockchain unit to develop apps

Swisscom is setting up a new blockchain unit with intention to develop applications, planning to hold a 70% stake in Swisscom Blockchain, the company reported on Thursday.

Thu, 21 Sep 2017 07:34:23 GMT

US considers remaining in Iranian nuclear deal

The United States stated on Wednesday it was considering if the Iran nuclear deal still served their security interests and whether the US should stay in the accord.

Thu, 21 Sep 2017 07:25:25 GMT

IC seeks for peaceful settlement of North Korea crisis

According to China's Foreign Minister Wang Yi statement at the NY meeting with US Vice President Mike Pence, the International Community is willing to settle the North Korea issue peacefully.

Thu, 21 Sep 2017 06:33:25 GMT

South Korea to provide North Korea with $8M aid

On Thursday, South Korea approved its plan to pledge $8M worth humanitarian aid to North Korea as part of the policy of aid that remained unaffected by strained tensions between the two countries.

Thu, 21 Sep 2017 06:16:51 GMT

Man blows himself up outside New Zealand's Parliament

The New Zealand police reported on Thursday that a man had set himself on fire outside the Parliament in Wellington just two days before national elections.

Thu, 21 Sep 2017 05:32:33 GMT

Catalan officials arrested amid raid to halt banned referendum

Spanish police arrested Catalan government officials on Wednesday during a raid aimed to halt the unauthorised independence referendum.

Thu, 21 Sep 2017 05:26:58 GMT

Equifax server first compromised in March

On Wednesday, Equifax announced that its online dispute website had been initially compromised on March 10 that was four months before the firm noticed any suspicious activity.

Thu, 21 Sep 2017 04:34:06 GMT

Dominican Republic closes ports amid Hurricane Maria

Dominican Republic shut down the majority of its ports, suspending their operations under "red alert", ahead of the Hurricane Maria, the government announced on Wednesday.

Thu, 21 Sep 2017 04:28:29 GMT

BYD sees all cars in China electrified by 2030

China's carmaker BYD stated on Thursday it would expect all cars in the Asian country to be electrified by 2030 as the company planned to launch the sky rail construction next year.

Thu, 21 Sep 2017 03:13:54 GMT

Google to purchase part of HTC smartphone operations for $1B

Alphabet Inc's Google is expected to announce a deal of acquiring part of HTC Corp's smartphone operations for nearly $1B, sources familiar with the matter said.

Thu, 21 Sep 2017 03:13:46 GMT

German economy to show robust growth in Q3

The German economy was seen weaker by the beginning of the Q3, compared with the first half of 2017, but indicators showed the strong growth is set to continue in the current quarter.

Thu, 21 Sep 2017 02:01:49 GMT

New Zealand GDP grows 0.8% in second quarter

Statistics New Zealand said that the country's GDP jumped 0.8% in the Q2, while its yearly growth remained steady, as NZ faced some economic headwinds.

Thu, 21 Sep 2017 02:00:49 GMT

FedEx expects $75M higher costs of TNT integration

Package delivery firm FedEx stated that it is likely to incur nearly $350M in integration costs during the company's acquisition with TNT in 2018, some $75M higher than expected.

Wed, 20 Sep 2017 20:15:54 GMT

Afghan President says Trump's strategy likely to succeed

Afghanistan's President Ashraf Ghani said that the strategy of the US President Donald Trump to win the Afghan war would succeed due to stronger army and more regional approach.

Wed, 20 Sep 2017 20:12:59 GMT

California files lawsuit against Trump administration over border wall

California Attorney General Xavier Becerra announced on Wednesday that the American state was to file a lawsuit over Trump's plan to build a border wall with Mexico.

Wed, 20 Sep 2017 18:57:57 GMT

Cargill CEO says worst scenario for NAFTA is ‘torn-up' deal

The worst-case scenario for Canada, the US and Mexico would be the liquidation of the NAFTA deal, the Chief Executive of Cargill David MacLennan noted on Wednesday.

Wed, 20 Sep 2017 17:57:06 GMT

Airbus opens Chinese A330 plant due to market push

Airbus opened its China's completion plant for its A330 aircrafts, hoping that higher presence in the aviation market would boost demand for the company's jets.

Wed, 20 Sep 2017 17:56:48 GMT

BlackBerry and Delphi to partner on software system

Auto suppliers BlackBerry and Delphi Automotive are set to partner on developing a software system for self-driving vehicles, the companies announced.

Wed, 20 Sep 2017 16:56:19 GMT

Germany says no signs of cyber attacks ahead of September election

Germany's government officials and experts said that there were no signs of suspicious news leaks or hacking before the German federal election scheduled on September 24.

Wed, 20 Sep 2017 16:55:48 GMT

Economists suggest BoE mistake in raising rates now

The Bank of England is widely expected to hike interest rates for the first time in ten years at the next meeting in November, while economists sees such a move as a mistake.

Wed, 20 Sep 2017 16:08:52 GMT

Japan's Abe pledges "daring" policies to fuel economic growth

Japan's PM Shinzo Abe promised to implement "daring" policies targeting the budget, regulation and taxes to promote investments in the country.

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