News

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Mon, 26 Feb 2018 17:19:20 GMT

US Supreme Court rejects Trump's "Dreamers" plan

On Monday, the Supreme Court of the United States rejected the country's President Donald Trump over his stance on immigrant benefits programme known as "Dreamers".

Mon, 26 Feb 2018 16:25:52 GMT

Draghi: slack in EZ economy may be bigger than estimated

On Monday, the ECB President Mario Draghi said that a slack in the Euro area economy might be bigger than initially thought.

Mon, 26 Feb 2018 16:25:00 GMT

US new home sales disappoint in January

According to the data released by the US Census Bureau, the country's new residential sales fell to a seasonally adjusted yearly rate of 593K in January, down 7.8% from December's reading.

Mon, 26 Feb 2018 15:29:49 GMT

Qualcomm urges Broadcom for price talks

On Monday, Qualcomm called on Broadcom to enter into the price talks on its $117B bid in a potential step towards an agreement between the chipmakers, following four months of a dispute.

Mon, 26 Feb 2018 14:35:08 GMT

South Korea calls on North to halt nuclear weapons

On Monday, South Korea urged North Korea to abandon its ballistic and nuclear weapon programme, calling for a peace on the divided peninsula.

Mon, 26 Feb 2018 14:30:13 GMT

Egypt, Russia may revive talks on checking Red Sea airports

Egypt and Russia are likely to revive talks on the Red Sea airport checks near the Hurghada and Sharm el-Sheikh resorts this spring, following the resumption of Russia's flights to Cairo.

Mon, 26 Feb 2018 13:33:01 GMT

Toyota AI Ventures bolsters investment in automotive start-ups

Toyota AI Ventures is boosting investment in the self-driving start-ups, as the company seeks a better handle on the emerging technologies, saying it is co-leading the $11.5M seed investment in May Mobility.

Mon, 26 Feb 2018 13:32:23 GMT

GE names three new candidates to smaller board of directors

On Monday, the US conglomerate General Electric has nominated three new directors to the streamlined board right ahead of the shareholders' meeting in April.

Mon, 26 Feb 2018 12:00:29 GMT

Vodafone mobile data to help fight Ghana's epidemics

Vodafone Foundation has announced a pioneering programme on Monday, saying its mobile data would be deployed to prevent the outbreak of the 2014 West Africa Ebola.

Mon, 26 Feb 2018 11:59:38 GMT

Putin approves new defence-spending programme

On Monday, the spokesman for Kremlin Dmitry Peskov stated that Russia's President Vladimir Putin had accepted a defence-spending programme that took effect starting from this year.

Mon, 26 Feb 2018 11:16:39 GMT

Russia's VTB Bank posts $801.5M profit in Q4 2017

On Monday, Russia's VTB Bank stated it had more than doubled its Q4 2017 net profit, which stood at $801.5M in the reported period.

Mon, 26 Feb 2018 11:14:59 GMT

UK January card spending up 5.8%

Data released by UK Finance on Monday revealed that card spending in the country surged 5.8% over the course of January.

Mon, 26 Feb 2018 10:29:11 GMT

Ryanair's pilot group urges CEO O'Leary to resign

Ryanair's pilot group called for the EU largest low-cost airline CEO Michael O'Leary's resignation amid the latest strains in its staff relations.

Mon, 26 Feb 2018 10:20:22 GMT

Boeing to gain 51% stake in JV with Embraer

Boeing agreed to have 51% stake in a joint venture, which is currently discussed with the Brazilian plane maker Embraer, according to the O Globo newspaper.

Mon, 26 Feb 2018 09:34:43 GMT

Xi Jinping's senior economic adviser to visit US

The top economic advisor to China's President Xi Jinping Liu He is set to visit Washington this week.

Mon, 26 Feb 2018 09:32:08 GMT

Fiat to get rid of diesel from its vehicles by 2022

Fiat Chrysler was planning to eliminate diesel from its passenger cars by 2022 due to a collapse in spiralling costs and demand, the Financial Times stated on Monday.

Mon, 26 Feb 2018 08:34:11 GMT

Sony relies on 4K video to revitalise smartphone sales

Japan's Sony is pinning its hopes on the 4K HD video recording in a new Xperia XZ2 smartphone, as it seeks to revive its declining sales of the device.

Mon, 26 Feb 2018 08:28:48 GMT

The Weinestein Company set to file for Chapter 11

On Sunday evening, the director board of The Weinstein Company stated it would file for bankruptcy, following negotiations to sell the New York TV studio collapsed.

Mon, 26 Feb 2018 07:28:28 GMT

Japan's firms tie-up to supply LNG to Australian East coast

The Japanese firms JERA and Marubeni are in consortium to bring the liquefied natural gas to the Australian East coast, seeking to supply the industrial users of gas and a new power station.

Mon, 26 Feb 2018 07:24:19 GMT

Germany's SPD and CDU to approve coalition deal

On Monday, Germany's Social Democrats and Christian Democrats are set to approve the coalition deal, a move that should bring the Chancellor Angela Merkel one step closer to her fourth term.

Mon, 26 Feb 2018 06:19:36 GMT

May under pressure from Labour Party over Brexit

Jeremy Corbyn, the head of the UK Labour Party, is set to clarify his stance on Brexit today, which may potentially lead to a parliamentary defeat for the PM May.

Mon, 26 Feb 2018 06:18:41 GMT

China sets up propaganda push for Xi Jinping

China's propaganda push for the current President Xi Jinping launched on Sunday has sparked widespread criticism in the social media.

Mon, 26 Feb 2018 05:29:32 GMT

Kuroda not to investigate why BoJ's inflation target is not met

Haruhiko Kuroda, the Governor of the Japanese central bank, dismissed a call to look into why the BoJ has failed to reach its inflation target.

Mon, 26 Feb 2018 05:28:46 GMT

Mexican presidency contender denies graft allegations

On Sunday, one of the frontrunners for the Mexican presidency in the summer election denied corruption accusations against him, adding the government wants to smear his campaign.

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