News

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Thu, 15 Feb 2018 06:21:10 GMT

Airbus takes charge of €1.3B on A400M military jet

Airbus took a writedown of €1.3B on the company's A400M military plane, raising cumulative charges on the European defence project above €8B.

Thu, 15 Feb 2018 06:19:50 GMT

Africa's coffee production may almost double in next five years

Africa's coffee output is expected to double over the following five years, since some states increase plantings and raise the productivity of farming.

Thu, 15 Feb 2018 05:34:58 GMT

Cisco results top forecasts for first time in two years

Cisco Systems announced the first increase in quarterly revenue in two years and expected upbeat profit in the current quarter, as efforts to turn into software-focused firm started to pay off.

Thu, 15 Feb 2018 05:34:22 GMT

Japan's PM Abe, Trump agree to maintain pressure on NK

The US President Donald Trump and Japan's Prime Minister Shinzo Abe agreed to maintain pressure on North Korea, until it abandons missile and nuclear programs.

Thu, 15 Feb 2018 03:56:10 GMT

Amazon to create 2K jobs in France this year

The US online retail major stated that it would open 2K permanent contract positions in 2018 in France, its biggest market in the EU after the UK and Germany.

Thu, 15 Feb 2018 03:55:06 GMT

Japan's machinery orders fall sharply in December

Japanese core machinery orders revealed the fastest decline in three years, falling 11.9% in December, suggesting that the recent rise in capital expenditure may fade.

Thu, 15 Feb 2018 02:59:11 GMT

Australian unemployment rate drops to 5.5%

As analysts expected, the Australian unemployment rate fell to 5.5% in January from 5.6% in the preceding month, according to the ABS.

Thu, 15 Feb 2018 02:57:57 GMT

Australian employment growth slows last month

The ABS reported on Thursday that the number of people employed rose 16K in January, after climbing 33.5K in the prior month, whereas analysts anticipated a gain of 15.3K.

Wed, 14 Feb 2018 21:00:27 GMT

Romanian GDP expands 7%

The Romanian economy expanded at the fastest pace compared to other European Union member countries in 2017, official data shows.

Wed, 14 Feb 2018 20:59:45 GMT

Cyprus economy expands 3.9% in 2017

The Cyprus economy expanded 3.9% year-on-year in 2017, the highest growth in almost a decade, a statement published by the Eurostat shows.

Wed, 14 Feb 2018 20:38:34 GMT

Democrats ask for $1B for election cyber security

Democrats on Wednesday asked for more than $1B to improve cyber security of US voting systems.

Wed, 14 Feb 2018 20:37:23 GMT

Mosaic to reward researchers with cryptocurrency

A group of technology experts and academics plan to launch a block chain network called Mosaic that will reward researchers with its own tokens.

Wed, 14 Feb 2018 19:06:43 GMT

Airbus appoints Safran top executive as president of helicopter unit

Airbus Group on Wednesday appointed Bruno Even from Safran Helicopter Engines as president of its helicopter division.

Wed, 14 Feb 2018 19:05:49 GMT

Google increases YouTube TV subscription fee

Google plans to raise the price of YouTube TV service for new customers as it expands the range of channels, the company says.

Wed, 14 Feb 2018 18:38:26 GMT

US regulator backs SpaceX satellite internet plan

The Federal Communications Commission on Wednesday backed SpaceX plan to build a broadband network using satellites.

Wed, 14 Feb 2018 18:37:35 GMT

Pence: US open to North Korea talks

The United States is open for talks with North Korea to discuss the nuclear weapons program, the US Vice President Mike Pence says.

Wed, 14 Feb 2018 16:52:03 GMT

US retail sales fall by most in 11 months in January

The US retail sales revealed the strongest decline in almost a year, dropping 0.5% in January, as households diminished purchases of building materials and motor vehicles.

Wed, 14 Feb 2018 16:51:31 GMT

Chipotle shares gain as new CEO raises hope of faster turnaround

Shares of Chipotle Mexican Grill rose 16%, as analysts named the company's recruitment of Brian Niccol, the CEO of Taco Bell, a transformation moment after years of scandals.

Wed, 14 Feb 2018 16:17:24 GMT

New budget of EU to be bigger in spite of UK quit

The EU Budget Commissioner stated that the bloc's next budget for the long term should be larger than the current despite the quit of the main net contributor United Kingdom.

Wed, 14 Feb 2018 16:16:31 GMT

US consumer inflation improves markedly in January

The US consumer price increased at a stronger than anticipated pace of 0.5% in January, fueling expectations that the Fed would raise rates at a quicker pace this year.

Wed, 14 Feb 2018 15:34:16 GMT

Macron calls for surveillance on Iranian missile programme

France's President Emmanuel Macron stated that Iran's ballistic missile programme must be put under the international surveillance, as part of a bid to be tougher on Tehran.

Wed, 14 Feb 2018 15:25:53 GMT

Iraqi Foreign Minister says 18K killed in war with IS

On Wednesday, Iraq's Foreign Minister Ibrahim al-Jafari reported that 36K people had been wounded and 18K killed since 2014 in the war led with the Islamic State militants.

Wed, 14 Feb 2018 13:58:17 GMT

Apple considers first order from Yangtze Memory Tech

Apple was in talks to make its first order of storage chips from the Chinese memory chipmaker Yangtze Memory Technologies, the Nikkei stated on Wednesday.

Wed, 14 Feb 2018 13:54:27 GMT

Credit Suisse reports third consecutive annual loss

On Wednesday, Credit Suisse reported the third straight annual loss of $1.05B amid the US tax writedown, missing analysts' expectations.

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