News

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Tue, 12 Sep 2017 09:32:27 GMT

Malaysia Airlines to close $1.8B Boeing jets deal

Malaysia Airlines is eager to buy eight Boeing 787 jets during the PM Najib Razak's trip to the United States for more than $1.8B.

Tue, 12 Sep 2017 08:18:55 GMT

25 suspected Islamic State militants detained in Istanbul

According to the Anadolu news outlet, 25 suspected Islamic State insurgents were detained in the Turkish city of Istanbul during the operations of the state police across the area.

Tue, 12 Sep 2017 08:07:58 GMT

Air Berlin cancels 70 flights as pilots ring in sick

Air Berlin announced on Tuesday it had cancelled about 70 flights after an unusually high number of pilots called in sick, right ahead of the investors' deadline to bid for the airline's assets.

Tue, 12 Sep 2017 07:08:10 GMT

Ezubao online scam's leader gets life imprisonment

On Tuesday, China's Court sentenced the $9B Ezubao online scam's architect to life imprisonment and jailed 26 others, closing the one of the largest Ponzi schemes in the modern Chinese history.

Tue, 12 Sep 2017 07:07:54 GMT

Bosch expects driver-assistance sales jumping to $2.39B

The world's leading auto supplier Bosch expects its annual sales of the driver-assistance systems growing to $2.39B by 2019 as it outstrips market growth of 25% a year.

Tue, 12 Sep 2017 06:25:22 GMT

China's Premier says structural reforms still needed to support global growth

The Chinese Premier Li Keqiang noted on Tuesday that the global economy was showing some signs of improvement; however, structural reforms were still needed to support sustainable growth.

Tue, 12 Sep 2017 06:19:54 GMT

Galaxy Note 8 pre-orders hit record high among Note series

Samsung Electronics Co Ltd said on Tuesday that pre-orders of its latest model Galaxy Note 8 had reached around 650 000 - the highest number for the whole Note series.

Tue, 12 Sep 2017 05:16:36 GMT

Human Rights Watch condemns Saudis actions in Yemen

On Tuesday, the Human Rights Watch Middle East director Sarah Leah Whitson said that air strikes conducted by the Saudi-led coalition should be classified as war crimes.

Tue, 12 Sep 2017 05:16:29 GMT

SoFi's CEO to resign

On Tuesday, the US financial services provider Social Finance Inc. (SoFi) announced that its co-founder and CEO Mike Cagney would resign from his post amid an ongoing investigation of sexual harassment within the company.

Tue, 12 Sep 2017 04:11:33 GMT

Oil price plunges to $53.79

Oil prices decreased by 5 cents on Tuesday, reaching $53.79 a barrel, as the US refineries started to gradually recover after two deadly hurricanes.

Tue, 12 Sep 2017 04:11:27 GMT

Shinzo Abe's approval reaches 50%

According to a poll result announced on Tuesday, the Japanese Prime Minister Shinzo Abe's approval rating again became 50% amid growing tensions with North Korea.

Tue, 12 Sep 2017 03:16:18 GMT

Macron to visit territories struck by Irma

The French President Emmanuel Macron is expected to visit French Caribbean islands, which were hardly hit by hurricane Irma, his office announced.

Tue, 12 Sep 2017 03:16:03 GMT

Britain, Sweden seeks UN meeting on Myanmar

The UK and Sweden required a closed-door UN Security Council meeting on the situation in Rakhine state of Myanmar, diplomats stated.

Tue, 12 Sep 2017 02:07:13 GMT

Germany bolsters EU reform on digital business taxes

Germany supported a radical EU reform on taxation in the digital economy, which targets corporate revenues instead of profit as a basis.

Tue, 12 Sep 2017 02:04:51 GMT

UK looks for security cooperation with EU after Brexit

The UK aims to have closer defence partnership with the EU after Brexit than other nations outside the bloc, according to a document.

Mon, 11 Sep 2017 20:08:29 GMT

Apple to launch iPhone 8 on Tuesday

Apple Inc will launch iPhone 8 on Tuesday with the price tag reaching $1,000, expecting China to become the leader consumer, overpassing the estimated sales in the US.

Mon, 11 Sep 2017 20:03:36 GMT

Vodafone to invest $2.4B in fibre connections

Vodafone would invest $2.4B in ultra fast fibre broadband connections to German businesses and homes, challenging the main rival Deutsche Telekom.

Mon, 11 Sep 2017 19:51:25 GMT

S&P 500 trades near record high on Monday

The S&P 500 was trading near its record high on Monday, as fears of Hurricane Irma and North Korea's missile tests had receded.

Mon, 11 Sep 2017 19:50:55 GMT

Number of lawsuits against Equifax increases

More than 24 lawsuits had been filed against the American credit reporting agency Equifax Inc by Monday, following their claims that a large amount of personal data was stolen.

Mon, 11 Sep 2017 19:12:36 GMT

JBS to sell UK poultry unit for $1B to Piligrim's

Brazilian JBS SA agreed to sell Britain's poultry unit to Pilgrim's Pride Corp for $1B, to overcome the corruption scandal and to protect revenues in more lucrative activities overseas.

Mon, 11 Sep 2017 19:10:33 GMT

EU to compete with global fintech rivals

EU Finance Ministers would discuss the plan on how to engage more fintech companies to compete with global rivals and to balance the loss of main fintech market after Brexit.

Mon, 11 Sep 2017 18:04:04 GMT

6.5 million US homes and businesses lose electricity

According to the US officials, at least 6.5 million homes, businesses and other premises had lost electricity in South Carolina, Florida, Alabama and Georgia amid Hurricane Irma.

Mon, 11 Sep 2017 18:03:14 GMT

VW to invest $24B in electric vehicles

Volkswagen would double its investments to more than $24B into electric vehicle manufacturing, zero-emission cars, and could challenge Tesla by 2030.

Mon, 11 Sep 2017 17:12:01 GMT

Goldman's Cooper plans to retire

According to an internal memo, the Goldman Sachs Group Inc's HR chief Edith Cooper plans to retire from the company by the end of this year.

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