News

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Sat, 29 Jul 2017 06:06:09 GMT

Wells Fargo cuts 69 senior managers

Wells Fargo announced that it would cut 69 senior managers at its retail unit after a fake accounts scandal.

Sat, 29 Jul 2017 05:34:52 GMT

China asks North Korea to ease tensions

China asked North Korea to follow United Nations Security Council resolutions to ease tensions in the region after the nation conducted another successful intercontinental ballistic missile test.

Sat, 29 Jul 2017 05:34:13 GMT

North Korea conducts successful missile test

North Korea said on Saturday that it had successfully fired another intercontinental ballistic missile, possibly the longest range missile ever tested by the nation.

Sat, 29 Jul 2017 04:06:41 GMT

Trump replaces Priebus with General Kelly

In a move aimed to shake up his top aide team, the US President replaced Reince Priebus, the White House Chief of Staff, with John Kelly, a retired Marine Corps General.

Sat, 29 Jul 2017 04:06:18 GMT

Moldova's Dodon hopes to become observer to EEU in 2017

In spite of a government push towards closer ties with the EU, Moldova's President expressed his hopes over the possibility of the country to become an observer to the EEU in 2017.

Sat, 29 Jul 2017 03:03:38 GMT

South Korea to proceed with THAAD units deployment

In a response to the latest North Korea's ICBM launch, South Korea decided to proceed with the additional THAAD anti-missile defence system units deployment.

Sat, 29 Jul 2017 03:03:23 GMT

US Mnuchin prolongs debt limit measure for two months

Late on Friday, the US Treasury Secretary Steven Mnuchin said he was set to prolong a debt limit measure for two extra months, as the previous period is due to expire.

Sat, 29 Jul 2017 02:22:16 GMT

Sprint looks for alternatives to T-Mobile merger

According to people with knowledge on the matter, Sprint has offered a merger with Charter Communications, as the company seeks for alternatives to its T-Mobile deal.

Sat, 29 Jul 2017 02:20:31 GMT

Trump set to sign Russia sanctions bill

In a statement released late on Friday, the White House said the US President Donald Trump was set to approve a bill imposing sanctions against Russia, Iran and North Korea.

Fri, 28 Jul 2017 19:54:52 GMT

Exxon Mobil profits in Q2 disappoint

The oil producer Exxon Mobil Corp reported weaker-than-expected profits in the second quarter of 2017, resulting from reduced production in its Canadian and African operations.

Fri, 28 Jul 2017 19:54:27 GMT

Kashkari says winding down Fed's balance sheet is best option

The President of the Federal Reserve Bank of Minneapolis Neel Kashkari favours a reduction of the Fed' s $4.5T balance sheet due to its recent inability to boost the US economy.

Fri, 28 Jul 2017 18:56:19 GMT

Oil prices at two-month high on Friday

Oil prices were trading at a two-month high on Friday, thus experiencing the strongest weekly rise of 2017 amid signs of mitigated oversupply risks.

Fri, 28 Jul 2017 18:54:21 GMT

TransCanada to decide on Keystone XL project by December

The second largest Canadian pipeline operator TransCanada Corp planned to finalise its decision on the Keystone XL investment project by December, a representative said on Friday.

Fri, 28 Jul 2017 18:02:37 GMT

IMF warns dollar overestimated

On Friday, the International Monetary Fund said that the US Dollar was overestimated by 15%, while assessments of the Yen, Euro and Yuan were in line with economic fundamentals.

Fri, 28 Jul 2017 17:57:09 GMT

Hammond: no signifficant changes in legislation after Brexit

Philip Hammond, the UK Finance Minister, said on Friday that there would be no instant changes in trade or immigration legislation after Brexit in 2019.

Fri, 28 Jul 2017 17:21:22 GMT

EU grants €46M to protect Libya borders

The European Union granted €46M to Italy to help it secure Libya's borders. The money transfer represents part of the EU' s attempts to reduce the flow of migrants arriving from Africa.

Fri, 28 Jul 2017 17:09:59 GMT

North Korea launches another ballistic missile into sea

On Friday night, North Korea test-fired another ballistic missile into the sea that presumably landed in the Japanese EEZ. The US Department of Defense confirmed the launch.

Fri, 28 Jul 2017 16:08:35 GMT

One dead and four injured after Humburg knife attack

One person was killed and several others injured when a unidentified assailant attacked people with a knife in a Hamburg supermarket, German police reported.

Fri, 28 Jul 2017 16:08:24 GMT

Amazon sales surge, but spending bites into profit

Amazon.com reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing.

Fri, 28 Jul 2017 15:17:32 GMT

American Airlines profit falls, but revenue rises

American Airlines Group Inc. reported profit fell in the second quarter despite a sharp increase in revenue due in part to higher ticket pricing and improved business domestically and in Latin America.

Fri, 28 Jul 2017 15:17:23 GMT

US orders embassy staff relatives in Venezuela to leave country

The US government on Thursday ordered family members of the US embassy staff stationed in Caracas to leave Venezuela due to the ongoing violence and the lack of food and medicine in the country.

Fri, 28 Jul 2017 14:22:58 GMT

UK lifts electronics ban on several flights from Turkey

On Friday, Britain ended its ban on electronic devices carried in the cabin of an aircraft on some flights from Turkey to the UK after launching new security measures.

Fri, 28 Jul 2017 14:09:33 GMT

120 dead in India's Gujarat amid severe floods

Over 120 people were reported to be dead as a widespread flooding hit an Indian industrial state of Gujarat, paralysing infrastructure and damaging more than 1K cotton farmers.

Fri, 28 Jul 2017 13:28:26 GMT

UN calls Vietnam for blogger release imprisoned to nine years

On Friday, the United Nations urged Vietnam to release a dissident blogger, jailed to nine years in prison for propaganda against the country, as a sentence and trial's conduct did not comply with standards.

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