News

Note: This section contains information in English only.
Wed, 28 Mar 2018 07:11:24 GMT

Uber to pay $10M in discrimination lawsuit settlement

Uber Technologies is set to pay $10M to settle a California lawsuit filed by two women engineers, accusing the ride-hailing firm of race and gender discrimination.

Wed, 28 Mar 2018 06:36:03 GMT

Ride-hailing firm Careem renews services in Ramallah

On Wednesday, Middle East's ride-hailing firm Careem announced it had resumed its services in Ramallah, the city of Palestine, following a deal with the country's transport authorities.

Wed, 28 Mar 2018 06:33:32 GMT

US launches inquiry into Tesla's Model X fatal crash

The United States opened a probe into a fatal car accident and vehicle fire of Tesla's Model X in California last week, according to the US National Transportation Safety Board.

Wed, 28 Mar 2018 04:53:40 GMT

Asian shares decline on Wednesday morning

On Wednesday morning Asian shares declines, as global stocks continued to fall due to the concerns over tighter control over the technology industry.

Wed, 28 Mar 2018 04:53:08 GMT

Anbang chairman's trial begins

The trial process of Wu Xiaohui, who is the former chairman of Abnang Insurance, for economic crimes began on Wednesday.

Wed, 28 Mar 2018 04:26:51 GMT

Oil prices fall due to US data

News outlets on Wednesday morning blamed the increase in US crude oil inventories for the decline of oil prices back below the $70 level.

Wed, 28 Mar 2018 04:26:13 GMT

North Korea pledges denuclearization

After a meeting with Xi Jinping in China the leader of North Korea Kim Jong Un has announced that the country would denuclearize.

Wed, 28 Mar 2018 03:27:05 GMT

Fosun set to invest $3.2B in technology in next three years

China's conglomerate Fosun International, the owner of Cirque du Soleil and Club Med within the broad portfolio stated that it is set to invest $3.2B in technology in the following three years.

Wed, 28 Mar 2018 03:25:09 GMT

China's state-owned firms report 25.3% rise in profit two months

The Chinese Ministry of Finance reported that the country's state-owned business' profits increased 25.3% year-over-year in the two-month period to February.

Wed, 28 Mar 2018 02:01:33 GMT

New Zealand activity outlook rises in March

The activity outlook in New Zealand improved slightly in March, with the ANZ Activity Outlook Index rising to 21.8 from February's 20.4.

Wed, 28 Mar 2018 02:00:39 GMT

New Zealand business mood stays dark in March

The ANZ reported on Wednesday that its Business Confidence Index came in at -20.0 in March, following the preceding month's reading of -19.0.

Tue, 27 Mar 2018 20:01:06 GMT

Herc Holdings' Braiser to leave her post for personal reasons

On Tuesday, Herc Holdings revealed its CFO Barbara Braiser is set to leave her post on 30 April for undisclosed personal reasons.

Tue, 27 Mar 2018 20:00:47 GMT

Apple uncovers $299 classroom iPad

As expected, Apple has presented its updated $299 9.7-inch classroom iPad at Chicago's Lane Tech College Prep public high school's education event.

Tue, 27 Mar 2018 19:14:40 GMT

March Richmond manufacturing index misses estimates

The Federal Reserve Bank of Richmond reported on Tuesday that its manufacturing index dived to 15 in March, following a 28-point reading recorded in the prior month.

Tue, 27 Mar 2018 19:13:44 GMT

US CB consumer confidence dips in March

According to the data released by the Conference Board, US Consumer Confidence Index slipped to 127.7 points in March, missing analysts' expectations.

Tue, 27 Mar 2018 17:58:07 GMT

Wall Street gains on Tuesday

Wall Street stocks continued to surge on Tuesday, as the US and Chinese trade war tensions eased.

Tue, 27 Mar 2018 17:57:58 GMT

OPEC and Russia consider alliance

The Crown Prince of Saudi Arabia has revealed that his country and Russia are preparing a long term alliance pact that would increase the influence of the countries above the global oil markets.

Tue, 27 Mar 2018 16:51:26 GMT

Amazon wants to acquire Brazilian electronics retailer

Amazon and Casino Guichard Perrachon are in the process of making a sale in Brazil. Namely, the French side plans to sell to Amazon a local electronics chain retailer.

Tue, 27 Mar 2018 16:07:13 GMT

European lawmakers want to investigate Malta

Lawmakers of the European Union are pressuring the ECB to investigate Maltese banks. The pressure has arisen after the recent arrest of the head of the Pilatus Bank.

Tue, 27 Mar 2018 15:52:06 GMT

Oil prices reach above $70

Oil prices reached above the $70 level on Tuesday due to concerns about disruptions in Middle East supply decreases.

Tue, 27 Mar 2018 15:51:51 GMT

Oracle's claim against Google is revived

A court of appeals in the US has resurrected Oracle's multi-billion dollar case, which has made copyright claims against Google.

Tue, 27 Mar 2018 15:18:28 GMT

Local firms might buy Nigerian oilfields

Oil traders Vitol and Glencore are preparing to back Nigerian firms, who are rushing to buy Nigerian oil assets, which at the moment are owned by Petrobras.

Tue, 27 Mar 2018 15:17:48 GMT

Waymo will use Jaguar vehicles

Waymo on Tuesday announced that the company will use almost twenty thousand Jaguar I-PACE vehicles.

Tue, 27 Mar 2018 14:18:55 GMT

India rejects Google Street View service's launch

On Tuesday, India rejected Google's proposal to launch the Street View service, citing no precise reason for such a decision, while media reported that the Defence Ministry had been raising security concerns.

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