News

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Wed, 17 May 2017 16:02:57 GMT

US to renew sanctions waivers on Iran

Donald Trump's administration is to uphold its part of the historic nuclear deal with Iran this week and extend sanctions' relief.

Wed, 17 May 2017 15:21:38 GMT

Four arrested in east London over UK terror plot

Four men have been arrested in east London over an alleged terror plot on UK soil, police have reported today on Wednesday.

Wed, 17 May 2017 15:21:26 GMT

Oil prices edge higher as on U.S. oil inventories report

Crude oil prices edged higher on Wednesday, with gains capped by concerns that the US production was undermining the OPEC's efforts to rebalance the market.

Wed, 17 May 2017 14:34:24 GMT

North Korea sets up ferry service to Russian Vladivostok

On Wednesday, a new ferry service to the Russia's city of Vladivostok was launched by North Korea amid the country's intention to build-up connections with Russia following the missile crisis' rising tensions.

Wed, 17 May 2017 14:19:14 GMT

Qualcomm files complaint against Apple contract manufacturers

Qualcomm chipmaker sued four Apple contract manufacturers including Foxconn for refusing to pay royalties at the iPhone maker's request, dragging Apple's top suppliers into a legal battle.

Wed, 17 May 2017 13:24:41 GMT

Islamic State to blame for TV station attack in Afghanistan

On Wednesday, the Islamic State assumed responsibility for an attack on the Afghan RTA state broadcaster that left six people dead and 24 wounded.

Wed, 17 May 2017 13:10:13 GMT

Audi's Stadler to serve five more years as CEO

The Audi board of directors agreed to extend the CEO Rupert Stadler's contract to the end of 2022 amid the VW luxury division's intention to demonstrate continuity before the annual shareholder meeting.

Wed, 17 May 2017 12:21:29 GMT

UK unemployment rate hits 4.6% low

The UK reported on Wednesday that the jobless rate fell to its lowest level in nearly 42 years to 4.6% in March, while analysts anticipated an unchanged reading of 4.7% from the prior month.

Wed, 17 May 2017 11:52:49 GMT

Kremlin finds Ukraine's cyber attack accusations "groundless"

On Wednesday, the Kremlin stated that accusations of Moscow to be involved in cyber attacks on the Ukrainian President's official website were baseless as Ukraine failed to provide any details.

Wed, 17 May 2017 11:19:46 GMT

Macedonia President mandates Social Democrats to form coalition

The Macedonian President Gjorge Ivanov stated on Wednesday he would give a mandate to the Social Democrats' leader Zoran Zaev to form a government coalition after refusing to grant it for about six months.

Wed, 17 May 2017 10:51:28 GMT

CBRC to strengthen cyber protection amid ransomware attack

The China Banking Regulatory Commission stated it tended to step up cyber security protection of banks after the WannaCry ransomware attack hit the world, affecting over 300K computers in 150 countries.

Wed, 17 May 2017 10:02:10 GMT

Puerto Rico bankruptcy process starts

On Wednesday the country of Puerto Rico is set to begin its bankruptcy process, which is most likely going to take years to be resolved, as investors want to recover their bond investments.

Wed, 17 May 2017 10:01:27 GMT

UBS survey reveals confidence

Although the global financial and political turmoil has increased in the past year, the richest people of the world are not concerned. UBS Wealth Management surveyed 2,800 millionaires and found that three quarters are confident in their assessment of their risk.

Wed, 17 May 2017 09:24:07 GMT

EU Tusk calls for fairness towards UK in Brexit talks

The President of the European Council Donald Tusk called the 27 member states of the bloc to show their fairness and political solidarity towards the United Kingdom in the Brexit negotiations.

Wed, 17 May 2017 09:02:37 GMT

Germany launches formal inquiry on Porsche executives

The prosecution of Germany started an investigation of Porsche SE as the company's executives Hans Dieter Poetsch and Matthias Mueller are suspected of market manipulation.

Wed, 17 May 2017 08:31:01 GMT

Volvo to shut down diesel engine production

On Wednesday, the Volvo CEO Hakan Samuelsson announced that the automaker was not eager to develop new diesel engines as meeting the emissions standards became too expansive following the rising costs.

Wed, 17 May 2017 08:17:14 GMT

Japan key spokesman denies PM's involvement in school scandal

According to the Japanese top spokesman, the Prime Minister Shinzo Abe was not involved into a public scandal as he did not help an educational institution to get permission for setting up a veterinary school.

Wed, 17 May 2017 07:34:09 GMT

China builds up rocket launchers on Spratly Islands' disputed reef

According to a local newspaper, China constructed rocket launchers on the one of the reefs in the disputed South China Sea, tending to ward off the military combat drivers of Vietnam.

Wed, 17 May 2017 07:20:07 GMT

Greeks stage nationwide protest over bailout reforms

Greece's private and public sector unions have called the nationwide protest strikes on Wednesday as the lawmakers are eager to trigger a new round of the €86B bailout reforms.

Wed, 17 May 2017 06:34:32 GMT

China considers US to take blame for cyber attack

On Wednesday, China condemned the United States for inhibiting the attempts to stop the WannaCry ransomware attack spread across the world and said the US should take some blame for this threat.

Wed, 17 May 2017 06:26:28 GMT

773 Honduras gang members moved to high-security prison

Honduras authorities moved 773 gang members to a high-security prison, completing to relocate about 2K highly dangerous criminals amid an attempt to prevent jails to serve as criminal activity centres.

Wed, 17 May 2017 05:34:25 GMT

VW's JV to call off about 600K vehicles amid fuse issue

Chinese FAW-Volkswagen Automobile is eager to recall nearly 600K of the Golf and Sagitar vehicles amid safety risks caused by a fuse defect.

Wed, 17 May 2017 05:26:20 GMT

Trump calls Comey to end Flynn investigation

According to a source familiar with the issue, the US President Trump urged the ex-FBI Director James Comey to shut down the agency's inquiry into links between the former National Security Adviser Michael Flynn and Russia.

Wed, 17 May 2017 04:34:35 GMT

Brazil case reopening may annul 2014 election

The top Brazilian electoral court is eager to conduct a new trial next month that may result in 2014 election abolition on charges of financing an illegal campaign and the President Michel Temer's unseat.

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