News

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Wed, 26 Jul 2017 12:26:11 GMT

US sanctions to affect Trump, EU more than Russia

Russia's Minister of Economy Maxim Oreshkin stated on Wednesday that the draft US sanctions against Moscow would hit the powers of Donald Trump and the EU energy security more than Russian economy.

Wed, 26 Jul 2017 11:05:51 GMT

US to supply Lebanon with extra $140M aid money for Syria refugees

The United States is planning to spend extra $140M to help Syria's refugees in Lebanon, according to the country's State Department.

Wed, 26 Jul 2017 10:51:53 GMT

Sweden opposition calls for govt ministers' ouster over political row

Sweden's opposition urged for ouster of the infrastructure, defence and interior ministers, following a political scandal over the transport data contract, alleging the government had violated the state laws.

Wed, 26 Jul 2017 10:26:30 GMT

Facebook traders set bullishness record

Facebook stock continues to surge, as ahead of the company earnings announcement stock option prices are with the lowest premium in a year to hedge a fall of the stock price.

Wed, 26 Jul 2017 10:25:11 GMT

ECB will probe pension funds

The European Central Bank has announced that it will require euro zone pension funds to report more detailed data about their operations.

Wed, 26 Jul 2017 09:26:34 GMT

Britain not to accept chlorinated chicken to sign US trade deal

The UK Environmental Secretary Michael Gove stated on Wednesday that Britain was not eager to accept chlorinated chicken imports in pursuit of signing a trade deal with the US after Brexit.

Wed, 26 Jul 2017 09:14:27 GMT

India arrests four-storey building owner as house collapses

On Wednesday, the Indian police arrested an owner of the several apartments in the Mumbai four-storey building over a suspected unauthorised renovation that could cause the house collapse.

Wed, 26 Jul 2017 08:34:08 GMT

North Korea's top official meets counterpart in Manila

On Wednesday, the North Korean Vice Foreign Minister Choe Hui Choi visited Manila for meeting with his counterpart right ahead of the regional security meeting.

Wed, 26 Jul 2017 08:09:56 GMT

Cyber attacks hit Italy's UniCredit client data

The largest lender of Italy UniCredit revealed on Wednesday it had suffered cyber attacks on the company's client data, with about 400K of the customer personal and bank details affected.

Wed, 26 Jul 2017 07:33:00 GMT

Moscow sees no room to mend ties with US after new sanctions

Russia's Deputy Foreign Minister Sergei Ryabkov stated that the draft US legislation over new sanctions to be imposed on Russia left no room to improve relations between the two countries in the nearest future.

Wed, 26 Jul 2017 07:24:14 GMT

Snap General Counsel Handman resigns

Chris Handman, the General Counsel of Snap Inc., stepped down from his post after serving to the company since 2014 amid his intention to spend more time with the family.

Wed, 26 Jul 2017 06:33:14 GMT

Building collapse death toll climbs to 17 in Mumbai

The number of casualties from a four-storey building collapse in the Indian financial capital of Mumbai rose to 17 on Wednesday after rescuers had searched the debris.

Wed, 26 Jul 2017 06:25:00 GMT

US House approves Russia sanctions bill, defying Trump

On Tuesday, the US Representatives voted overwhelmingly for a proposed bill to impose new sanctions on Russia, forcing the President Donald Trump to secure lawmakers' permission before easing sanctions on Moscow.

Wed, 26 Jul 2017 05:10:54 GMT

China is set to expand capital market opening

Chinese securities regulators on Wednesday announced that the reforms to expand access to the country's capital markets are set to increase their pace.

Wed, 26 Jul 2017 05:10:18 GMT

Vietnam jails prominent dissident

Vietnamese Tran Thi Nga, who is a blogger, has been found guilty of spreading propaganda. The blogger has received a nine year sentence for posting government criticism online.

Wed, 26 Jul 2017 04:22:28 GMT

US securities regulators look into crypto currencies

The main regulator of Wall Street has announced that coin offerings should go through the same safeguard measures like traditional securities.

Wed, 26 Jul 2017 04:21:31 GMT

China will offer state giant stocks

The Chinese government has announced plans to reform all state owned giant firms into joint-stock companies by the end of 2017.

Wed, 26 Jul 2017 02:52:36 GMT

Apple to pay $506M in patent dispute

A US judge ordered Apple to pay $506M to the University of Wisconsin-Madison due to infringing on its patent related to computer processing technologies.

Wed, 26 Jul 2017 02:52:08 GMT

Kaspersky Lab to launch free antivirus across globe

Kaspersky Lab stated that it would launch a free-of-charge version of antivirus program to lower the US suspicion that the firm was vulnerable to influence of Russian government.

Wed, 26 Jul 2017 02:16:03 GMT

Apple CEO pledges to build 3 plants in US

Tim Cook, the Apple's Chief Executive Officer, promised Donald Trump to create three manufacturing plants in the US, contributing to job creation within the country.

Wed, 26 Jul 2017 02:15:07 GMT

AMD expects better-than-estimated quarterly revenue

Advanced Micro Devices anticipated its current quarter revenue to beat analysts' estimates and raised full-year forecasts amid robust demand for processors and graphic chips.

Tue, 25 Jul 2017 19:58:01 GMT

Building collapse kills eight in Mumbai

According to the local police and fire officials, an old building that collapsed in Mumbai, India, on Tuesday left eight people dead and trapped many others.

Tue, 25 Jul 2017 19:56:57 GMT

Trudeau: NAFTA argument resolution system is essential

On Tuesday, the Prime Minister of Canada Justin Trudeau said a fair argument resolution system was essential for any kind of trade treaties, including NAFTA.

Tue, 25 Jul 2017 19:08:41 GMT

SuperValu net income drops in Q1

The Cork-based supermarket chain SuperValu reported on Tuesday its net income dropped to $11M, or four cents per share, in the Q1 of 2017 down from $46M registered in the Q1 of 2016.

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