News

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Thu, 27 Apr 2017 13:00:53 GMT

ECB keeps monetary policy on hold amid weak inflation growth

The ECB left its monetary policy unchanged at its meeting on Thursday, as inflation growth remained subdued despite a moderate economic recovery.

Thu, 27 Apr 2017 12:55:05 GMT

Orders for US durable goods rise less than expected in March

Orders for long-lasting US manufactured goods rose just 0.7% last month, following February's upwardly revised gain of 1.8% and falling behind analysts' expectations for a 1.5% increase.

Thu, 27 Apr 2017 12:20:11 GMT

German soldier detained as suspect in attack planning

On Thursday, The German prosecution reported that the police officers arrested a soldier suspected of an attack planning, providing no further details on the potential motive or weapon he was eager to use.

Thu, 27 Apr 2017 12:03:44 GMT

China bans Islamic baby names in Xinjiang province

China's government banned parents from giving their children the Islamic names like Muhammad or Jihad in the Muslim-majority region of Xinjiang amid country's attempt to crackdown the alleged "extremism" in the area.

Thu, 27 Apr 2017 11:24:31 GMT

LG Elec hits eight-year high in Q1 profit

The South Korean LG Electronics reported strong quarterly results showing its operating profit hit record high of $915M in nearly eight years amid its stable sales of televisions and home appliances.

Thu, 27 Apr 2017 11:24:03 GMT

France turns down ex-Kosovo PM extradition request

On Thursday, French Court of Appeal made a decision to refuse extradition to Serbia of the ex-Kosovo Prime Minister Ramush Haradinaj who was considered as a guerrilla insurrection's war criminal.

Thu, 27 Apr 2017 10:00:15 GMT

Britain may join US for chemical attack assistance in Syria

According to the UK Foreign Minister Boris Johnson, Britain may join the US to provide military assistance in Syria, if Donald Trump decides on a new chemical weapon attack against Bashar al-Assad.

Thu, 27 Apr 2017 09:58:02 GMT

Thailand demands Red Bull heir arrest

Thailand's Attorney General is eager to seek the arrest warrant for the Red Bull heir Vorayuth Yoovidhya as he missed prosecution orders to report on the alleged hit-and-run that left a police officer dead five years ago.

Thu, 27 Apr 2017 09:09:33 GMT

Spanish unemployment rate climbs to 18.8% in Q1

The Spanish National Statistics Institute reported on Thursday that the national jobless rate climbed to 18.8% in the Q1 of 2017, up from 18.6% in the preceding quarter.

Thu, 27 Apr 2017 09:08:28 GMT

ECB to keep monetary policy on hold until June

The European Central Bank is expected to leave its monetary policy unchanged at today's meeting but signal a June stimulus reduction.

Thu, 27 Apr 2017 08:58:31 GMT

Spanish unemployment rate rises to 18.8% in Q4 of 2016

The Spanish National Statistics Institute reported on Thursday that the national jobless rate climbed to 18.8% in the Q1 of 2017, up from 18.6% in the preceding quarter.

Thu, 27 Apr 2017 08:20:10 GMT

Italian PM calls EU for unity during Brexit negotiations

Italy's Prime Minister Paolo Gentiloni called the EU countries to stay united during the negotiations with Britain over its withdraw from the bloc.

Thu, 27 Apr 2017 08:07:05 GMT

Nintendo estimates profit growth amid new Switch console

On Thursday, the Japanese Nintendo expressed its hopes over the new Switch console to boost the company's operating profit to $584M versus $264M in the previous year.

Thu, 27 Apr 2017 07:29:19 GMT

EU to tie-up with China over aircraft manufacturing

Europe and China are holding a meeting on aviation as they plan to cooperate over aircrafts manufacturing ahead of the Chinese C919 landmark jet launch.

Thu, 27 Apr 2017 07:18:47 GMT

Deutsche Bank profit rises in Q1

On Thursday, Deutsche Bank AG posted its quarterly net profit of €575M compared to €236M for the same period of the previous year, meeting analysts' expectations.

Thu, 27 Apr 2017 06:30:19 GMT

South Korea, US to apply punitive measures against North Korea

The United States and South Korea came to an agreement to apply sanctions and "punitive measures" against North Korea following the county's provocative behaviour.

Thu, 27 Apr 2017 06:16:12 GMT

Facebook pledges Vietnam to prevent abusive content

The Vietnamese authorities stated that Facebook gave a promise to cooperate and prevent offensive content appearance in the social media following the abusive anti-Vietnam government publications posted on Facebook in February.

Thu, 27 Apr 2017 05:33:25 GMT

United to pay passengers $10K to forfeit seats

United Airlines announced the company would pay $10K to any passenger who volunteered to surrender his or her seat on the overbooked flights amid the carrier's attempts to repair the damage after the Asian doctor scandal.

Thu, 27 Apr 2017 05:19:46 GMT

US and Mexico Presidents decide not to end NAFTA

The US President Donald Trump and the Mexican President Enrique Pena Nieto came to an agreement of not ending the NAFTA and to revise the contract along with Canada.

Thu, 27 Apr 2017 04:34:33 GMT

US starts investigation into aluminium imports

The US Commerce Department started an investigation into aluminium imports to determine of the National Security requirements that could result in import limitations on the metal from China and other countries.

Thu, 27 Apr 2017 04:23:16 GMT

California accuses Uber driver over woman's rape

California charged an Uber driver Angel Sanchez with a rape of a woman in the car as she was under the influence of alcohol. The driver may be jailed up to eight years, if convicted.

Thu, 27 Apr 2017 03:29:10 GMT

China's industrial profits increase 23.8% in March

Chinese industrial firms' profits rose 23.8% year-over-year to $99.9B in March, supported by a lingering upturn in the real estate market.

Thu, 27 Apr 2017 03:26:15 GMT

US businesses cheer Trump tax plan

US companies are set to reap a windfall in case of Trump's tax reform becomes a law, however, a job creation and higher investment in return are uncertain.

Thu, 27 Apr 2017 02:27:41 GMT

Trump, Trudeau to speek on lumber again

US Donald Trump and Canada's Justin Trudeau discussed in a phone call a bilateral trade deal after the US intended to impose taxes on lumber imports.

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