News

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Tue, 19 Sep 2017 02:13:33 GMT

US Senate to forbid use of Kaspersky software by government

The US Senate voted to prohibit the use of Kaspersky Lab's products by the government, suggesting that the Moscow-based cyber security company poses national risk.

Mon, 18 Sep 2017 19:54:34 GMT

Honda to invest $267M for 2018 Accord production

The Japanese car manufacturer Honda Motor Co Ltd is to invest $267M and add 300 additional jobs to back the production of its improved 2018 Accord model, the company said on Monday.

Mon, 18 Sep 2017 19:52:46 GMT

Inflation in Brazil expected to increase by 2.60%

Economists expect that the Brazilian consumer prices measured by the IPCA-25 index are to rise 2.60% year-on-year in September, a poll by Reuters showed on Monday.

Mon, 18 Sep 2017 19:01:23 GMT

UK's PM to press Trump on Boeing/Bombardier dispute

The British Prime Minister Theresa May said that she would discuss the importance of the Boeing Co/Bombardier dispute with the US President Donald Trump this week.

Mon, 18 Sep 2017 18:57:41 GMT

Lane says BOC will watch closely impact of stronger C$, higher interest rates

The Deputy Governor of the Bank of Canada Timothy Lane said that the BOC would examine the impact of stronger Canadian Dollar and higher interest rates on the Canadian economy.

Mon, 18 Sep 2017 17:55:16 GMT

Moscow rejects lawsuit by Raoul Wallenberg's relatives

A court in Moscow has rejected a lawsuit by the relatives of the Swedish diplomat, Raoul Wallenberg, who disappeared after assisting at least 20K Hungarian Jews get off the Holocaust.

Mon, 18 Sep 2017 17:55:04 GMT

Losses for Irma already up to nearly $2B

Florida's authorities reported that insured losses in Florida from Hurricane Irma reached nearly $2 billion and the amount was expected to keep rising.

Mon, 18 Sep 2017 17:29:23 GMT

Six civilians die in Kandahar roadside bombing

An Afghan officials reported that six civilians were killed in a roadside bombing in the southern Kandahar province on Monday.

Mon, 18 Sep 2017 17:25:21 GMT

Turkish military starts drill near Iraqi border

The Turkish army reported it launched a military drill featuring tanks on Turkey-Iraq border on Monday, a week before the Iraqi Kurdish Regional Government would hold an independence referendum.

Mon, 18 Sep 2017 16:02:48 GMT

Iran claims US seeking to disrupt nuclear deal

Iran's nuclear chief claimed that the US was seeking to disrupt the 2015 Iran nuclear accord, invoking the UN watchdog to confront Washington's unacceptable demands.

Mon, 18 Sep 2017 16:02:37 GMT

Carney sees Brexit pushing up inflation and interest rates

Mark Carney, the Bank of England governor, said on Monday that Brexit would push inflation in Britain even if economic performance would be damaged.

Mon, 18 Sep 2017 15:25:53 GMT

Trump makes UN debut as North Korea threat comes into focus

The US President Donald Trump made his debut at world leaders annual gathering at the United Nations in New York over escalating nuclear threat from North Korea.

Mon, 18 Sep 2017 15:25:43 GMT

Northrop Grumman to buy Orbital ATK for $7.8 billion

Northrop Grumman has announced that it plans to buy missile and rocket maker Orbital ATK for about $7.8B in cash, a deal that would establish a new, fourth business sector.

Mon, 18 Sep 2017 14:24:21 GMT

Ryanair shares drop amid flight cancellation

Ryanair shares plunged on Monday after the airline had suddenly cancelled around 50 flights, affecting the plans of thousands of passengers, as the carrier sought to cope with shortage of pilots.

Mon, 18 Sep 2017 13:33:20 GMT

10K UK finance jobs affected by Brexit's first wave

About 10K finance jobs will be moved out of the UK or created overseas in the following years, if EU denies Britain access to its single market, Reuters survey showed.

Mon, 18 Sep 2017 12:32:38 GMT

Northrop Grumman to acquire missile maker Orbital

The US defence contractor Northrop Grumman is eager to buy rocket and missile maker Orbital ATK for around $7.8B, giving the firm access to lucrative deals with the US Army and NASA.

Mon, 18 Sep 2017 12:22:59 GMT

Iceland to hold snap election on October 28

Iceland has set the snap Parliamentary election for October 28, the country's President Gudni Johannesson stated on Monday, following the collapse of the current government last week.

Mon, 18 Sep 2017 11:14:06 GMT

Bundesbank expects decrease in German inflation

According to the Bundesbank, Germany's price growth is likely to slow down in the autumn period amid the sharp increases' "base effects" last year; however, core inflation is expected to lift up slightly.

Mon, 18 Sep 2017 11:13:57 GMT

Italian trade balance surprises markets

Istat reported on Monday that the Italian trade surplus widened to €6.56B in July, compared to the prior month's €4.50B and topping analysts' expectations for a drop to €3.89B.

Mon, 18 Sep 2017 10:12:34 GMT

China to protect IP rights of foreign investors

The Commerce Ministry of China disclosed on Monday its plan for a four-month crackdown intended to secure intellectual property rights of foreign investors.

Mon, 18 Sep 2017 09:54:36 GMT

Haley says UNSC has exhausted options against North Korea

The US Ambassador to the United Nations Nikki Haley said that the UN Security Council was lacking tools to limit North Korea's nuclear program.

Mon, 18 Sep 2017 09:34:38 GMT

China sees EU decision on solar panel as "positive step"

Chinese Commerce Ministry stated that the bloc's decision to reduce the minimum price of the imported China's solar panels was a "positive step" for market normalisation.

Mon, 18 Sep 2017 09:30:29 GMT

Hackers compromise CCleaner free software

On Monday, the UK cyber-security company Piriform stated that hackers broke into its free software CCleaner and installed a malicious programme that could let them to control about 10M devices.

Mon, 18 Sep 2017 08:34:40 GMT

Hiscox expects $150M net claims amid Hurricane Harvey

Hiscox announced that it expected about $150M of net claims based on the $25B insured market loss from the Hurricane Harvey.

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