News

Note: This section contains information in English only.
Sat, 17 Feb 2018 05:27:06 GMT

Muller files new bank fraud claim against Manafort

Paul Manafort, the ex-Trump campaign chairman, has been bit with another bank fraud charge by Robert Muller's Special Counsel Office.

Sat, 17 Feb 2018 04:20:13 GMT

Canada measures effect of lower US corporate tax

The government of Canada was evaluating the impact of the US lower corporate tax on the country's competitiveness, while considering what Canada should do in response.

Sat, 17 Feb 2018 04:19:02 GMT

GE considers sale of gas engine business

General Electric was exploring the sale of an industrial gas engine business, that is likely to be worth some $2B, according to sources familiar with the matter.

Fri, 16 Feb 2018 20:51:38 GMT

Canada looks for Mercosur trade deal due to NAFTA unclarity

The Government of Canada planned to start free trade talks with Mercosur trading bloc, as uncertainty surrounding the NAFTA agreement kept to increase.

Fri, 16 Feb 2018 20:44:59 GMT

GM, Ford shares fall on metals tariffs recommendation

Shares of automakers GM and Ford dropped, as the US Commerce Department suggested tariffs on imported steel and aluminum, which would make raw materials costlier.

Fri, 16 Feb 2018 20:26:38 GMT

Uber to sell Asia ride-hailing business to Grab

Uber was preparing to sell the Southeast Asia business to Grab, originally based in Singapore, in return for the substantial stake in the buyer's company.

Fri, 16 Feb 2018 20:26:00 GMT

Coca-Cola shows upbeat data on strong sales of coffee, vitamin water

Coca-Cola reported stronger-than-anticipated quarterly sales and profit, as the company sold more coffees, vitamin water and teas, sending shares 2% higher.

Fri, 16 Feb 2018 19:25:21 GMT

Helios & Matheson increases stake in MoviePass

The US-based IT consulting solutions provider Helios & Matheson said on Friday it had increased its stake in MoviePass, an American movie ticketing service, to 78%.

Fri, 16 Feb 2018 19:24:55 GMT

Mitt Romney to run for Senate from Utah

On Friday, Mitt Romney, the former Republican presidential nominee, said he was running for the Senate from Utah, adding he could bring the state's values to Washington.

Fri, 16 Feb 2018 18:03:40 GMT

US consumer sentiment betters in February

The University of Michigan reported that its preliminary consumer sentiment for the month of February jumped to 99.9 on the back of tax cuts coupled with a strong job market.

Fri, 16 Feb 2018 18:03:17 GMT

New-home construction in US rises in January

According to the data released by the US Census Bureau, January new-home construction rose to the highest level since October 2016 driven by an uptick in apartment building.

Fri, 16 Feb 2018 17:17:05 GMT

US import prices up 1.0% in January

The US Bureau of Labour Statistics reported on Friday that the country's import prices were up 1.0% in January, topping analysts' expectations for a 0.6% rise.

Fri, 16 Feb 2018 17:16:25 GMT

US January building permits highest since mid-2007

Data released by the US Census Bureau on Friday showed that building permits surged 7.4% to 1.4M rate in January, the highest since June 2007.

Fri, 16 Feb 2018 16:24:59 GMT

Canada's manufacturing sales drop in December

According to the data released by Statistics Canada, the state's manufacturing sales dipped 0.3% over the month of December.

Fri, 16 Feb 2018 16:24:08 GMT

UK January retail sales miss expectations

The UK Office for National Statistics reported on Friday that retail sales in the country rose 0.1% over the course of January, missing analysts' expectations for a 0.5% uptick.

Fri, 16 Feb 2018 15:34:35 GMT

Facebook faces $125M fine over Belgian privacy case

Belgian court has threatened Facebook to fine the social media platform up to $125M, in case it continues to violate privacy laws by tracking users on the third party websites.

Fri, 16 Feb 2018 15:30:54 GMT

Boeing 737 MAX-9 jet gets FAA approval

Boeing stated on Friday that the US Federal Aviation Administration had certified the 737 MAX-9 planes for commercial service officially.

Fri, 16 Feb 2018 14:34:14 GMT

Citigroup lifts CEO Corbat's pay 48%

Citigroup has raised the CEO Michael Corbat's annual pay 48% to $23M for 2017, as the bank made more money from its operations.

Fri, 16 Feb 2018 14:27:08 GMT

Uber launches new safety features to retain licence

Uber has introduced new safety features that included 24-hour driver and rider support by phone, as the taxi driver seeks to retain its London licence and be able to operate in the city.

Fri, 16 Feb 2018 13:23:04 GMT

Campbell Soup posts 2% drop in Q2 organic sales

On Friday, Campbell Soup posted a 2% fall in its Q2 organic net sales amid smaller demand for its canned soups by the company's North American key customer.

Fri, 16 Feb 2018 13:06:19 GMT

VW considers guidance from Apple on e-vehicle design

Volkswagen is looking at Apple products for the electric vehicles design guidance, as the carmaker seeks to turn profits when launching the EVs in 2020.

Fri, 16 Feb 2018 12:31:00 GMT

US Deere posts 23% rise in quarterly sales

On Friday, the US tractor maker Deere reported its revenues and net sales surged 23% year-on-year to $6.91B in the quarter ended January 28.

Fri, 16 Feb 2018 12:22:04 GMT

Amazon.com to settle US law violations by paying penalty

Amazon.com is set to pay a $1.2M in settlement over the 4K alleged violations of the US law in its efforts to prevent the harmful pesticides exposure through illegal sales.

Fri, 16 Feb 2018 11:18:48 GMT

OPEC's output cut could hit Russia's economy, says central bank

The Bank of Russia said in a statement this Friday that the proposed output cut of OPEC and non-OPEC countries to increase oil prices could hit the Russian economy in 2018.

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