News

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Fri, 01 Sep 2017 19:00:38 GMT

Perry orders to release oil reserves

On Friday, the US Energy Secretary Rick Perry endorsed the release of 4.5M barrels of oil from the Strategic Petroleum Reserve to cope with disruptions caused by the Hurricane Harvey.

Fri, 01 Sep 2017 19:00:18 GMT

SEC recalls lawsuit against financier Wey

On Friday, the US Securities and Exchange Commission decided to withdraw its fraud lawsuit against the New York Global Group's founder Benjamin Wey.

Fri, 01 Sep 2017 18:11:55 GMT

Oil prices settle down at $52.50

On Friday, crude oil prices lost 36 cents and settled down at $52.50 a barrel, as one-fourth of the US refining sector remained closed after the Hurricane Harvey.

Fri, 01 Sep 2017 18:11:28 GMT

Ryan asks Trump to leave immigration program

On Friday, the US House of Representatives Speaker Paul Ryan urged the US President Donald Trump not to cancel the DACA program that protects illegal underage immigrants.

Fri, 01 Sep 2017 17:07:02 GMT

Microsoft pushes new features with upcoming Windows 10 update

Microsoft announced on Friday that it planned to introduce new features with Windows 10 update, so called "mixed reality" features in the October software release.

Fri, 01 Sep 2017 17:06:46 GMT

Nearly 400 die in Myanmar violence

New official data showed that nearly 400 Rohingya Muslims had died during the last week's violence in Myanmar, authorities reported on Friday. 

Fri, 01 Sep 2017 15:51:38 GMT

Finnish police frees another man over Turku knife attack

The Finnish police reported on Friday that it had released another man of the suspects over the stabbing attack in Turku two weeks ago, leaving only the main suspect in pre-trial detention.

Fri, 01 Sep 2017 15:51:26 GMT

Next US Fed rate hike expected in middle of 2018

The majority of traders continue to see the next Federal Reserve rate hike in the middle of the year 2018, based on a Reuters analysis.

Fri, 01 Sep 2017 15:06:37 GMT

Kremlin says closure of Russian consulate increases US-Russia tensions

The Kremlin reported that the US decision to close Russia's consulate in San Francisco would probably increase tensions between the two countries.

Fri, 01 Sep 2017 15:06:26 GMT

Oil falls after Harvey shuts 24% US refineries

Crude oil slipped down after the tropical storm Harvey damaged and shut down nearly 24% of the US refining industry.

Fri, 01 Sep 2017 13:56:44 GMT

Turkey detains more Germans

Two more citizens of Germany have been detained by Turkish officials for what German authorities named "political" reasons.

Fri, 01 Sep 2017 13:55:41 GMT

Russia pledges action against US

The Foreign minister of Russia Sergey Lavrov on Friday announced that Moscow will respond against US sanctions harshly.

Fri, 01 Sep 2017 13:27:45 GMT

US unemployment rate rises to 4.4% in August

According to the Bureau of Labour Statistics, the jobless rate in the United States climbed to 4.4% in August, topping analysts' expectations for an unchanged reading of 4.3%.

Fri, 01 Sep 2017 13:14:48 GMT

Swiss manufacturing PMI jumps to 61.2 in August

Procure reported on Friday that its PMI for Switzerland's manufacturing sector rose to 61.2 in August, while analysts anticipated a slight drop to 60.4, following the prior month's 60.9 reading.

Fri, 01 Sep 2017 12:33:53 GMT

Vietnam calls China to cease military drills in South China Sea

Vietnam is protesting over the Chinese military exercise in the South China Sea, urging its neighbour to calm and cease the operations as tensions between the countries deteriorate over the disputed waterway.

Fri, 01 Sep 2017 12:24:05 GMT

Nissan, Toyota join VW in new trade-in scheme lunch

On Friday, Toyota and Nissan joined Germany's Volkswagen and launched their own trade-in scheme for the British buyers as sales plunged, aiming to reduce the number of older polluting diesel vehicles.

Fri, 01 Sep 2017 11:10:57 GMT

Kenya urges new polls after declaring Presidential vote invalid

On Friday, the Supreme Court of Kenya declared the election win of the President Uhuru Kenyatta invalid amid the election board's committed irregularities and called for a new vote in two months.

Fri, 01 Sep 2017 11:10:46 GMT

HPE to finish its software business spin-off

Hewlett Packard Enterprise announced it had almost completed the spin-off of its software business on Friday, closing the door on the 2011 Autonomy's acquisition and focusing on data centre hardware and software.

Fri, 01 Sep 2017 10:13:02 GMT

ECB's Constancio says global pressures hinder increase in Euro zone inflation

The Vice President of the European Central Bank Vitor Constancio said that uncertainty over global economic recovery hindered normalisation of Euro zone's unemployment and inflation.

Fri, 01 Sep 2017 09:57:39 GMT

Saab to compete for India's defence deal

The Swedish manufacturer Saab AB is to collaborate with Adani Group in a bid to receive an order for single-engine jets from the Indian military, the company's CEO Hakan Buskhe said on Friday.

Fri, 01 Sep 2017 09:34:55 GMT

VW reveals trade-in scheme for UK buyers

Germany's automaker Volkswagen launched a new scheme to remove the older polluting diesel vehicles from the roads, offering for the UK buyers up to £6K worth new VW car, if they trade-in the older vehicle.

Fri, 01 Sep 2017 09:22:34 GMT

Norway toughens IT security ahead of elections

The Norwegian government stated on Friday it was tightening the IT security ahead of the Parliamentary elections scheduled on September 11 to prevent voter fraud.

Fri, 01 Sep 2017 08:34:07 GMT

G4S suspends nine UK migrant centre staff over ill-treatment

Britain's outsourcer G4S suspended nine employees of an immigration removal centre amid investigation into an alleged treatment abuse of migrants reported by BBC.

Fri, 01 Sep 2017 07:34:15 GMT

Mumbai death toll climbs to 33 after building collapses

On Friday, the death toll in the Mumbai 117-year-old building collapse rose to 33, while the total number of survivors pulled from the rubble reached a figure of 15 people.

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