News

Note: This section contains information in English only.
Wed, 21 Mar 2018 10:51:03 GMT

Oil continues to surge on Wednesday

Oil prices continued to increase on Wednesday and were about to reach a six week high level. Some media outlets mentioned possible Middle East supply disruptions as the reason.

Wed, 21 Mar 2018 10:32:19 GMT

US Senator calls on Facebook's Zuckerberg to testify

On Tuesday, the US Senator Dianne Feinstein called on the Facebook CEO Mark Zuckerberg to testify in the US Congress over the user data treatment on his social media platform.

Wed, 21 Mar 2018 10:27:04 GMT

FedEx to screen every package at Texas facilities amid blast

FedEx is willing to scan every parcel at its Texas facilities, after one of the packages had exploded on Tuesday, the fifth such an incident in Texas in 18 days.

Wed, 21 Mar 2018 09:09:41 GMT

China's Shuqing to head new banking, insurance regulator

On Wednesday, Caixin reported that China had appointed Geo Shuqing as a new leader of the recently formed regulator for the insurance and banking sectors.

Wed, 21 Mar 2018 09:02:30 GMT

Spotify CEO Ek eligible to sell about $2B stake in IPO

According to Spotify Technology, the company's CEO and co-founder Daniel Ek has rights to sell around 15.8M shares of the streaming music leader worth up to $2B in its public listing.

Wed, 21 Mar 2018 08:10:21 GMT

Russia's Rosatom set to launch Turkish plant in 2023

Russia's nuclear company Rosatom is planning to start the Turkish Akkuyu plant in 2023, saying that negotiations with potential investors would not affect the construction timetable.

Wed, 21 Mar 2018 08:07:14 GMT

Geely Automobile 2017 net profit jump on strong sales

On Wednesday, Chinese automaker Geely Automobile stated its net profit more than doubled in the previous year, boosted by solid domestic sales of the carmaker's popular SUVs.

Wed, 21 Mar 2018 07:34:42 GMT

Brazil likely to trim interest rates once again

The Central Bank of Brazil is set to trim interest rates to a new low once again this Wednesday, as the country's inflation underwhelms, derailing its plans to stop monetary easing.

Wed, 21 Mar 2018 07:30:05 GMT

Google acquires Chelsea Market in $2.4B deal

Alphabet's Google has acquired the New York's Chelsea Market for $2.4B on Tuesday; a deal that should expand its presence in the NYC tech campus along the Hudson River.

Wed, 21 Mar 2018 05:58:58 GMT

Myanmar's president resigns

Htin Kyaw, the President of Myanmar, has resigned. The officially announced reason is to have rest from current duties.

Wed, 21 Mar 2018 05:58:51 GMT

Kaspersky Lab intends to address Western concerns

The opening of the data center in Switzerland by Kaspersky has been confirmed to be part of a plan to decrease the concerns that Russian government exploits the company's antivirus for spying.

Wed, 21 Mar 2018 05:22:37 GMT

Goose prepares to make own coats

The Luxury coat producer Canada Goose is preparing to move more of its production in-house to boost the company's profit margins.

Wed, 21 Mar 2018 04:26:02 GMT

Moon sees three-way summit with US, North Korea possible

The President of South Korea Moon Jae-in stated that a three-way summit with the US and North Korea is possible and should be aimed to cease the nuclear threat.

Wed, 21 Mar 2018 04:25:34 GMT

EU to reveal plan to tax US big firms' turnover

The European Commission is set to propose regulations designed to make big digital companies pay the share of tax, targeting the US majors such as Facebook and Google.

Wed, 21 Mar 2018 03:37:22 GMT

New Zealand credit card spending grows 0.7% in February

The RBNZ reported that credit card spending rose 0.7% on an annual basis in February, following the prior month's increase of 4.6%.

Wed, 21 Mar 2018 03:36:40 GMT

MI Leading Index rebounds last month

The Melbourne Institute reported on Wednesday that its Leading Index for the national economy rose 0.3% in February, after dropping 0.3% in the preceding month.

Tue, 20 Mar 2018 20:51:48 GMT

US lawmakers will meet Facebook representatives

US Senate and House aides are set to be briefed by Facebook representatives on Wednesday, congressional representatives reported.

Tue, 20 Mar 2018 20:51:40 GMT

Facebook stock ends day with additional losses

As Tuesday's trading session ended, the stock of Facebook Inc. had booked a 2.5% decline.

Tue, 20 Mar 2018 20:05:47 GMT

US government reveals issue in Time Warner and AT&T deal

Government lawyers, who are reviewing the Time Warner and AT&T acquisition deal, have revealed that the main argument against the deal is that AT&T would raise consumer prices.

Tue, 20 Mar 2018 20:05:09 GMT

Democrats want Zuckerberg to testify

The top Democrat of the Judiciary Committee of the US Senate Dianne Feinstein on Tuesday announced that Mark Zuckerberg should be called in to testify before Congress.

Tue, 20 Mar 2018 18:56:59 GMT

Europeans still see obstacles in Mercosur

European Union officials recently revealed that there are still large obstacles in the talks to establish the EU and South American trade union Mercosur.

Tue, 20 Mar 2018 18:56:13 GMT

Toyota stops self-driving car tests

Toyota Motors on Tuesday announced that the company will stop self-driving car tests. The announcement came after an accident occurred during a test in Arizona.

Tue, 20 Mar 2018 17:53:00 GMT

Facebook shares continue to plummet

The shares of Facebook Inc. continued to fall in Tuesday's trading as the markets where selling the stock due to the caused outcry about the breach of the company's data policies.

Tue, 20 Mar 2018 17:52:46 GMT

Salesforce wants to acquire MuleSoft

Representatives of Salesforce.com Inc. have begun advance talks with the software company MuleSoft Inc. about a possible acquisition.

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