News

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Fri, 13 Apr 2018 06:34:40 GMT

Rolls-Royce to speed up Trent 1000 engines inspection

On Friday, Britain's Rolls-Royce stated it would speed up the inspections of the Trent 1000 engines that could lead to higher costs and extra disruptions for customers.

Fri, 13 Apr 2018 05:08:28 GMT

US court says Uber drivers are not firm's employees

The US District Judge Michael Baylson ruled on Wednesday that limousine drivers working for Uber Technologies Inc are freelancers rather than company's employees under the US federal law.

Fri, 13 Apr 2018 05:01:07 GMT

Trump considers joining TPP

The US President Donald Trump stated on Thursday that America would join the Trans-Pacific Partnership (TPP) agreement only if partners offered "substantially better" terms than the one proposed to his predecessor.

Fri, 13 Apr 2018 04:27:22 GMT

RBA says Australians copy with financial difficulties

The Reserve Bank of Australia (RBA) stated on Friday that thanks to recent regulatory measures accumulation of risks from large consumer debt and predatory bank lending practices has slightly eased.

Fri, 13 Apr 2018 04:18:17 GMT

Trump orders to assess US Postal Service

The US President Donald Trump ordered on Thursday to create an ad hoc task force that will review the work of the US Postal Service in light of recent scandal with Amazon's deliveries.

Fri, 13 Apr 2018 03:26:29 GMT

Singapore's Central Bank tightens policy for first time since 2012

The Central Bank of Singapore announced the decision to tighten monetary policy for the first time since 2012, adding that the economy is set to keep growing even with risks form the US-China trade dispute.

Fri, 13 Apr 2018 03:23:24 GMT

China trade surplus with US grows 19.4% in Q1

Chinese trade surplus with the US increased 19.4% in the March quarter to $58.25B from the same quarter a year earlier.

Fri, 13 Apr 2018 02:24:50 GMT

AT&T economist: Time Warner merger good for consumers

Merger of AT&T with Time Warner is likely to save consumers some money, as more efficient company could be created, AT&T economist stated in court.

Fri, 13 Apr 2018 02:22:46 GMT

Japan's Aso to welcome fresh look by US at TPP

Taro Aso, the Finance Minister of Japan, stated that he would welcome the US decision to consider rejoining the TPP.

Thu, 12 Apr 2018 19:53:04 GMT

Russia calls for UN meeting on Syria on Friday

On Thursday, Russia called for the UN Security Council to meet this Friday to discuss the situation in Syria.

Thu, 12 Apr 2018 19:52:13 GMT

Britain, EU to start post-Brexit trade talks next week

Official sources reported on Thursday that Britain and the EU would start negotiations next week on their post-Brexit trade relationship.

Thu, 12 Apr 2018 18:56:24 GMT

Sri Lanka's President prorogues Parliament until May

Official sources reported on Thursday that Sri Lanka's President Maithripala Sirisena prorogued the Parliament until May 8, after several ministers tendered their resignations.

Thu, 12 Apr 2018 18:55:34 GMT

Audi to be excluded from VW management overhaul

The VW Group reported on Thursday that it would overhaul management of all its sport car making units except Audi.

Thu, 12 Apr 2018 18:19:27 GMT

US and North Korea discuss planned Trump-Kim meeting

The US President Donald Trump reported on Thursday that the United States and North Korea were in "detailed" talks on the planned meeting.

Thu, 12 Apr 2018 18:14:15 GMT

Bitcoin hits two-week highs

On Thursday, cryptocurrencies posted strong gains, led by the Bitcoin, which jumped 11% to $7,705, the highest level since March 29.

Thu, 12 Apr 2018 16:57:00 GMT

Britain urges Myanmair to release two Reuters journalists

On Thursday, British Foreign Secretary Boris Johnson urged Myanmar authorities to release two Reuters reporters, jailed and facing trial for possessing secret government documents. 

Thu, 12 Apr 2018 16:56:45 GMT

Spain and Saudi Arabia to sign $2.2B deal on warship supply

On Thursday, the Defence Ministry of Spain stated that Spain is close to sign a $2.2B deal to sell five warships to Saudi Arabia, including building the naval construction center. 

Thu, 12 Apr 2018 15:57:57 GMT

Sequoia Capital general partner launches new fund

The general partner of Sequoia Capital Gili Raanan has raised $50M for his new venture capital firm called Cyberstarts, aimed to invest in early-stage cybersecurity startups. 

Thu, 12 Apr 2018 15:57:18 GMT

Kremlin says UK needs to prove Skripals not being held hostage

On Thursday, Russia's Foreign Ministry spokesman Maria Zakharova said that the UK needs to prove that poisoned former Russian spy Sergey Skripal and his daughter are not being held hostage.

Thu, 12 Apr 2018 15:20:21 GMT

Russia asks Facebook to explain how it complies with data law

On Thursday, Russian state news agency Interfax claimed that Russian regulatory body Roskomnadzor asked Facebook to explain how it complies a law on data localisation. 

Thu, 12 Apr 2018 15:12:26 GMT

Putin and Erdogan discuss developments in Syria

On Thursday, Russian president Vladimir Putin and Turkish President Tayyip Erdogan discussed developments in Syria in telephone talks and agreed to keep in close contact.

Thu, 12 Apr 2018 14:33:40 GMT

US Defence Department halts deliveries of Lockheed F-35 jets

The US Defence Department has suspended delivery accept of the Lockheed Martin's F-35 jets due to a contractual dispute regarding production error fix, the Pentagon reported.

Thu, 12 Apr 2018 14:29:24 GMT

VW's brand chief Diess to head up volume brand division

Volkswagen's brand chief Herbert Diess is set to become the head of the volume brand division that will include responsibility for Seat and Skoda, as well as for VW's commercial-car division.

Thu, 12 Apr 2018 13:33:38 GMT

British Airways-owner IAG likely to bid for Norwegian

The owner of British Airways, IAG, is considering to make a bid for Norwegian, which costs around $1.2B, sending the airlines shares up 37% on the news.

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