News

Note: This section contains information in English only.
Mon, 16 Jul 2018 06:39:34 GMT

US House to take testimony from social media firms

Alphabet's YouTube unit, Facebook and Twitter are set to testify at the US House hearing this Tuesday over the filtering the content for political reasons.

Mon, 16 Jul 2018 06:34:04 GMT

China car firms set venture to establish ride-hailing platform

China's auto firms Dongfeng Automobile, Chongqing Changan Automobile and FAW Group have formed a joint venture to set up a ride-sharing platform to create a similar service to Uber.

Mon, 16 Jul 2018 05:38:03 GMT

L3 Tech names Lockheed's O'Bryan as Sales Head

On Sunday, L3 Technologies announced it had hired the ex-senior Lockheed Martin official Steve O'Bryan as the company's Global Business Development Chief, as part of its move to expand the firm's reach.

Mon, 16 Jul 2018 05:34:35 GMT

New Borsalino owners consider listing to revamp group

Philippe Camperio-led Haeras Equita group, the new owner of Italy's Borsalino, is considering to list the hat maker at London and Milan markets to revamp the company, after rescuing from liquidation.

Mon, 16 Jul 2018 04:33:32 GMT

Eletrobras distributor still aims to auction power utility on July 26

The Brazilian government is still targeting to auction the distribution units of the Centrais Eletricas Brasileiras power utility or Eletrobras planned for July 26.

Mon, 16 Jul 2018 04:28:09 GMT

Thysson, Kone shareholders hold talks on elevator ops merger

Thyssenkrupp and Kone large shareholders have held negotiations over their elevator business potential merger, the German daily reported on Sunday.

Mon, 16 Jul 2018 02:53:21 GMT

China's industrial output weakens in June

China's industrial production grew 6.0% year-on-year in June, missing expectations, while growth of fixed-asset investment slowed to 6.0% in the H1 of the year, in line with forecasts, an official report revealed.

Mon, 16 Jul 2018 02:50:21 GMT

ZTE's HK shares to open 5.5% higher after US lifts ban on suppliers

Shares of China's ZTE were expected to rise 5.5% in Hong Kong, after the US lifted its ban on American firms selling parts to the telecommunications equipment producer that crippled its business.

Mon, 16 Jul 2018 02:35:46 GMT

Chinese GDP growth set to cool in Q2

China is anticipated to report a slowdown in the second-quarter economic expansion, as a trade war with the US threatened exports and the government's attempts to tackle debt risks hindered activity

Mon, 16 Jul 2018 02:29:48 GMT

May pledges to protect supply chains of planemakers in Brexit

Britain's Prime Minister Theresa May is set to seek to reassure aviation chiefs that her Brexit plan is unlikely to disrupt supply chains, and pledge that the industry would flourish, as the UK leaves the EU.

Sun, 15 Jul 2018 19:21:54 GMT

Eritrea and Ethiopia continue to make peace

The Prime Minister of Ethiopia and the President of Eritrea met on Sunday to preach peace after hostilities had ceased.

Sun, 15 Jul 2018 19:20:54 GMT

Italy stops migrant movements

The government of Italy has allowed the last party of migrants to arrive in Sicily under heavy guard.

Sun, 15 Jul 2018 18:09:15 GMT

News storms increase during NATO summit

As Donald Trump named EU as one of the competitors in trade, the global media blew up, as all sources of various origins began to manipulate the speeches and meeting records.

Sun, 15 Jul 2018 18:07:41 GMT

Pakistan prosecutes previous Prime Minister

Pakistani authorities on Sunday pushed the criminal case against the country's ex-PM, who has been accuses of corruption in various cases.

Sun, 15 Jul 2018 17:15:32 GMT

Airbus will sell 350s to Taiwan

It was announced at the UK air show that Airbus is set to sell A350 models to the Taiwanese airline Starlux.

Sun, 15 Jul 2018 17:12:28 GMT

Airline bosses meet in Britain

On Sunday, airline firm representatives met in the United Kingdom to discuss the future of the industry.

Sun, 15 Jul 2018 16:25:01 GMT

Boeing is concerned about tariffs

On Sunday, officials from Boeing announced that the trade tariffs announced by the US might hurt the company.

Sun, 15 Jul 2018 16:17:13 GMT

German authorities hear out Opel

The transport ministry of Germany has revealed that Opel representatives are still allowed to host a hearing with the ministry officials.

Sun, 15 Jul 2018 16:15:41 GMT

Boeing speaks out about aerospace

The CEO of Boeing on Sunday announced that both China and the US are looking for an aerospace competition.

Sun, 15 Jul 2018 15:24:10 GMT

Boeing speaks out about aerospace

The CEO of Boeing on Sunday announced that both China and the US are looking for an aerospace competition.

Sun, 15 Jul 2018 15:23:19 GMT

Nigerian ruling party wins elections

The ruling party of Nigeria has won the local elections in the state of Ekiti. Due to the elections the local opposition has been dismantled.

Sun, 15 Jul 2018 14:14:16 GMT

New Chief of army is appointed in Congo

The President of Congo has appointed a new chief of army, who is under United Nations sanctions.

Sun, 15 Jul 2018 14:13:21 GMT

China continues to invest in Nigeria

The Chinese National Offshore Company has announced a round of three billion in investments in Nigeria.

Sun, 15 Jul 2018 13:15:42 GMT

Oil continues to surge

As oil prices continued to surge, various financial media blamed the commodity price for destroying some investment funds.

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