News

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Fri, 03 Mar 2017 10:51:56 GMT

Paytm E-Commerce raises additional $200M

On Friday, Paytm E-Commerce raised another $200M from Alibaba and SAIF Partners to compete with Flipkart and Amazon in the global online retail market.

Fri, 03 Mar 2017 10:29:22 GMT

German city hall receives bomb threat after recalled event

German officials were evacuated from the city hall building on Friday amid the bomb threat received next day after Germany recalled the Turkish official meeting.

Fri, 03 Mar 2017 10:17:42 GMT

Malaysia to deport Kim Jong Nam murder's suspect

On Friday, the Deputy PM of Malaysia Ahmad Zahid Hamidi reported a North Korean airport murder alleged criminal would be deported from Malaysia without permission to come back.

Fri, 03 Mar 2017 09:33:26 GMT

Egypt accepts $500M offer from Germany

On Friday, Egypt accepted the German $500M offer to support the Egyptian economy and small-medium businesses in the form of concessional funds and grants.

Fri, 03 Mar 2017 09:16:05 GMT

Islamist accused of foreigner murders in Bangladesh

According to the counter-terrorism unit's head, the Bangladesh police officers detained the Islamist militant group leader accused of claiming the responsibility for encouraging his followers to murder the foreigners.

Fri, 03 Mar 2017 08:31:39 GMT

Ukraine probes tax CEO over possible graft

The head of Ukraine State Fiscal Service Roman Nasirov is put under the investigation over the presumable bribery of $75M (2B hryvnias) as stated by the chief's lawyer on Friday.

Fri, 03 Mar 2017 08:09:22 GMT

Samsung CEO to face trial next week

The Samsung Group Chief Jay Y. Lee accused in bribery will face the trial next week amid the corruption "scandal of the century" as the case has hit the company's reputation and led to the South Korean President's impeachment.

Fri, 03 Mar 2017 07:30:43 GMT

US Vice President uses private e-mail as Indiana governor

On Thursday, the Mike Pence's office stated that the US Vice President was using a private e-mail server while being the Indiana governor, despite his criticism towards Hillary Clinton during the Presidential Election 2016 over using the private e-mail account.

Fri, 03 Mar 2017 07:17:49 GMT

11 US states to file suit against transgender bathroom order

On Thursday, 11 US states came to an agreement to file a lawsuit against the Obama administration order on bathroom tag guidance in public schools that allowed transgender students to use bathrooms by their preference.

Fri, 03 Mar 2017 05:54:38 GMT

Malaysia releases man detained over murder of North Korean leader's half-brother

On Thursday, the North Korean citizen, arrested over the murder of the North Korean leader's half-brother, was released from detention due to lack of evidence, Malaysian officials reported.

Fri, 03 Mar 2017 05:54:25 GMT

USD/JPY erases Thursday's gains

On Friday, the USD/JPY pair dropped 0.3% to 114.11 after hitting 114.60 on Thursday, the highest since February 15.

Fri, 03 Mar 2017 05:25:10 GMT

Hyundai Motors, Amorepacific stocks fall amid political tension

On Friday, shares of Amorepacific and Hyundai Motor fell after China ordered its travel agencies to stop selling tours to South Korea following Seoul's decision to deploy a US missile defence system.

Fri, 03 Mar 2017 05:08:37 GMT

Spotify reaches 50M paid subscribers

Spotify, the world's leading streaming service, reported on Thursday it hit the 50M subscriber milestone, expanding 25% since the middle of 2016.

Thu, 02 Mar 2017 23:19:03 GMT

Fed poised to rise rates thanks to Trump

Trump's presidency helped to boost US business and consumer confidence, leading the Fed towards the long anticipated rate hikes. Investors now see an 80% probability in the March hike.

Thu, 02 Mar 2017 23:08:03 GMT

Russia blames Syrian opposition for peace talk disruption attempts

Russia accused the Syrian opposition delegation of attempting to sabotage Geneva peace talks, even though both the opposition and the Syrian government claimed negotiations were on track.

Thu, 02 Mar 2017 21:09:03 GMT

Syrian peace talks progress as agenda for negotiations agreed

UN-brokered Syrian peace talks inched forward this week when government and opposition agreed on the agenda for negotiations before the weekend break.

Thu, 02 Mar 2017 21:08:51 GMT

US and Germany have mutual interest reducing trade barriers

The German Economy Minister wrote to the US Secretary of Commerce, highlighting that it certainly would be in benefit of both countries to minimize the trade barriers between them.

Thu, 02 Mar 2017 20:02:28 GMT

Euro zone inflation hits 2% for first time in four years

Inflation in the Euro zone accelerated to hit 2% for the first time since January 2013, underscoring a sharp rise in prices driven by higher energy costs in the single currency area.

Thu, 02 Mar 2017 20:02:12 GMT

Spain's economy grows 3.2% in 2016

Spain's economy grew by 3.2% in 2016, matching the rate of expansion in 2015, as Europe's fifth-largest economy outpaced the growth rate of many other major developed countries.

Thu, 02 Mar 2017 18:58:57 GMT

Jeff Sessions urged to quit over Russian ambassador revelations

Jeff Sessions failed to disclose during his confirmation hearings that he twice met the Russian ambassador while acting as a close adviser to Donald Trump during the presidential campaign.

Thu, 02 Mar 2017 18:58:50 GMT

Marine Le Pen loses EU parliament immunity over tweets

The European Union lawmakers lifted the EU parliamentary immunity of French presidential candidate Marine Le Pen for tweeting pictures of Islamic State violence.

Thu, 02 Mar 2017 17:06:28 GMT

Israel loses its most iconic photographer of all times

David Rubinger, Israel's most prominent photographer whose lens captured the key moments in Israeli history, has died aged 92 on Thursday.

Thu, 02 Mar 2017 16:54:50 GMT

Snap opens at $24 per share after Wednesday IPO

Snap started trading at $24 a share on the New York Stock Exchange on Thursday after the company priced its IPO at $17 a share on Wednesday.

Thu, 02 Mar 2017 16:29:28 GMT

Senate Minority Leader calls for Attorney General resignation

On Thursday, the Senate Minority Leader Chuck Schumer called for the US Attorney General Jeff Sessions resignation following his talks with the Russian ambassador to the US during the presidential race.

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