News

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Wed, 15 Feb 2017 13:26:43 GMT

PepsiCo reports 5% rise in Q4 revenue

PepsiCo posted strong quarterly results showing its earnings surged 5% amid growing demand for its healthy snacks and drinks. The net profit climbed to $19.52B from $18.59B.

Wed, 15 Feb 2017 12:02:21 GMT

Kenya Appeals Court frees doctor's union officials

The Kenyan Court of Appeal issued an order to free seven doctor's union leaders who were imprisoned during the demonstration against hospitals underinvestment that caused public health sector paralysation.

Wed, 15 Feb 2017 12:01:03 GMT

GM to sell Opel to French PSA

The CEO and the President of General Motors had a meeting at Opel HQ on Tuesday to discuss the partnership expansion with Peugeot Citroën by selling Opel to the French company.

Wed, 15 Feb 2017 11:00:02 GMT

Russia not to give Crimea back

According to the foreign ministry spokeswoman Maria Zakharova, Russia is not eager to bring Crimea back to Ukraine claiming the peninsula is fully owned by the Russian Federation.

Wed, 15 Feb 2017 10:03:17 GMT

US arrests DACA-eligible Mexican immigrant

The US immigration office has taken a Mexican young man into immigrant custody as he was illegally brought to the USA as a child despite an issued work permit by the DACA during the Barack Obama administration.

Wed, 15 Feb 2017 10:02:56 GMT

Woman detained in relation to death of Kim Jong Nam

The woman from Myanmar was detained in the Kuala Lumpur International Airport due to the investigation of assassination of Kim Jong Nam, half-brother of North Korean leader.

Wed, 15 Feb 2017 10:02:34 GMT

South Korea suspects two killers of North Korean leader's half-brother

On Wednesday, Seoul lawmakers announced that two female assassins from North Korea were suspected of killing half-brother of Kim Jong Un, North Korean leader, in Malaysia.

Wed, 15 Feb 2017 07:05:40 GMT

President Trump repeals anti-corruption energy rules from Dodd-Frank Act

The expunged Cardin-Lugar regulations were set to fight graft by making gas, oil and mining firms disclose payments for drilling and mining rights granted by foreign governments.

Wed, 15 Feb 2017 07:05:27 GMT

YouTube and Disney cut ties with PewDiePie over anti-Semitic videos

As a result, the famous YouTuber lost his reality show and access to YouTube's premium advertising service, as well as the spot in Disney's Maker Studios channel collection.

Wed, 15 Feb 2017 06:13:41 GMT

Two journalists shot during live broadcast in Dominican Republic

Presenter Luís Manuel Medina and producer Leo Martínez were killed on air as gunmen opened fire at the radio station located in a shopping mall in San Pedro de Macorís.

Wed, 15 Feb 2017 05:57:23 GMT

Extent of Antarctic sea ice drops to record low

The numbers provided by the US National Snow and Ice Data Center showed that as of February 13 sea ice extent shrunk to the lowest level in satellite records kept since 1979.

Wed, 15 Feb 2017 05:29:45 GMT

Syria talks in Astana delayed by one day

Kazakhstan's foreign ministry announced that the talks on the conflict in Syria would start on February 16. The official note did not specify the reason for the delay.

Wed, 15 Feb 2017 05:16:40 GMT

CSX to hold shareholder vote over Mantle Ridge demands

After failed talks on Mantle Ridge backed CEO appointment, CSX board called for a special meeting to vote on the fund's reimbursement demands and Harrison's employment terms.

Tue, 14 Feb 2017 22:31:03 GMT

Oil prices surge despite OPEC production cut

Even though OPEC members tried to cut global oil production, prices still stabilised not far in the green zone on Tuesday, amid an increase in the US shale output.

Tue, 14 Feb 2017 22:20:04 GMT

Mexican Economy Minister believes Trump's wall tax will never see daylight

On Tuesday, the Mexican Economy Minister Ildefonso Guajardo expressed his doubts about US President Trump's border tax on Mexican imports would ever be realised.

Tue, 14 Feb 2017 20:52:54 GMT

US judge grants preliminary approval to VW

Volkswagen reached preliminary deal with US regulators to pay about $1.22B to modify or buy back up to 80,000 polluting US diesel vehicles.

Tue, 14 Feb 2017 20:51:47 GMT

Boeing 737 MAX-9 to fly in April

On Tuesday, Boeing said it would introduce its brand new 737 MAX-9 jet, the replacement of the Boeing 737 NG, for the first time already in April.

Tue, 14 Feb 2017 19:51:55 GMT

Australia fails to improve lives of indigenous population

A report released by Australia's government on Tuesday showed that the country remained unable to improve lives of Australian indigenous people.

Tue, 14 Feb 2017 19:50:37 GMT

Congo police kill four separatists but leader escapes

On Tuesday, four members of a separatist group were killed by Congo's police during a raid in Kinshasa; however, the group's leader managed to escape.

Tue, 14 Feb 2017 18:54:56 GMT

Morgan Stanley to pay $8M penalty for ETF violations

US financial regulators reported on Tuesday that Morgan Stanley agreed to pay $8M to settle SEC charges related to its ETF investment strategies.

Tue, 14 Feb 2017 18:51:30 GMT

Vice Admiral to replace Michael Flynn as national security adviser

US officials reported on Tuesday that the Vice Admiral Robert Harward would likely become the next national security adviser following Michael Flynn's resignation.

Tue, 14 Feb 2017 17:55:59 GMT

Brazilian central bank is likely to cut rates on weaker inflation

For the first time in more than seven years, analysts expect that lower inflation will probably allow Brazil's central bank to cut its benchmark interest rate below the current level of 4.50%.

Tue, 14 Feb 2017 17:55:09 GMT

US producer prices surge on expensive raw materials

US producer prices advanced 0.6% last month, the largest gain since September 2012, amid higher raw material costs, the US Labor Department reported on Tuesday.

Tue, 14 Feb 2017 17:11:18 GMT

Eurogroup says Greece debt situation is not acute crisis

On Tuesday, the Eurogroup's President Jeroen Dijsselbloem said that the Greek debt crisis is not an 'acute crisis', and therefore Athens might go without a loan installment until summer.

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