News

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Thu, 18 Jan 2018 13:30:37 GMT

Wells Fargo, Goldman Sachs invest $34M in research tech start-up

Goldman Sachs, Wells Fargo, Banco Santander and other companies have invested about $38M in total in the New York-based research technology firm Visible Alpha, the group stated on Thursday.

Thu, 18 Jan 2018 11:53:08 GMT

Trump's infrastructure plan in final stage

The administration of US President Donald Trump has announced that Trump's infrastructure upgrade plan is in its final stage.

Thu, 18 Jan 2018 11:48:11 GMT

BMW takes on Mercedes

The CEO of BMW Harald Krueger has told German Manager Magazin that the company is aiming to overtake Mercedes in sales numbers by 2020.

Thu, 18 Jan 2018 11:10:48 GMT

Google and firms to invest in Indonesian Go-Jek

Google, Singapore's Tamasek and China's online platform Meituan-Dianping are eager to invest in Indonesia's ride-hailing service Go-Jek as part of the $1.2B fundraising round.

Thu, 18 Jan 2018 11:07:17 GMT

Merkel's Conservatives calls on SPD to accept coalition talks

Germany's Conservative Party urged the Social Democrats to approve the further coalition talks on Sunday in order to not to plunge the country into a political crisis.

Thu, 18 Jan 2018 10:22:20 GMT

Syria: US military presence represents aggression

On Thursday, Syria's government stated that the presence of the US military in the country was an act of aggression against Syria's sovereignty, vowing to free it from "illegitimate" foreign presence.

Thu, 18 Jan 2018 10:18:56 GMT

Chinese JD.com to invest $3B in 'rustbelt' regions

China's online retailer JD.com is willing to make a $3.11B investment in the northeastern 'rustbelt' regions in the following three years, the Xinhua news outlet reported on Thursday.

Thu, 18 Jan 2018 09:32:38 GMT

Moscow denies allegation over violating UN sanctions on KP

On Thursday, Russia rejected the US President Donald Trump's allegation that it had violated the UN sanctions on North Korea, the Interfax news outlet reported.

Thu, 18 Jan 2018 09:28:17 GMT

Uber, ComfortDelGro tie up over new service in Singapore

Uber Technologies is partnering with a taxi firm ComfortDelGro as the companies seek to launch a new Singapore ride-hailing service to outstrip their rival Grab.

Thu, 18 Jan 2018 08:33:58 GMT

Cambodia's PM names his son-in-law as senior police chief

The Prime Minister of Cambodia Hun Sen has named his son-in-law as the Deputy National Police head, in his attempt to consolidate his power before the election this year.

Thu, 18 Jan 2018 08:30:37 GMT

Zimbabwe's elections expected to take place in summer

Zimbabwe's President Emmerson Mnangagwa stated that the elections might take place in four-five months, first time not involving the former President Robert Mugabe.

Thu, 18 Jan 2018 07:34:31 GMT

Tillerson denies US intention to create border force in Syria

The US State Secretary Rex Tillerson stated on Wednesday the US had no plans to build the Syria-Turkey border force, adding that the whole situation had been misportrayed.

Thu, 18 Jan 2018 07:32:30 GMT

Washington bans US visas for Haitians

On Wednesday, the Trump administration announced it was barring Haitians who were doing a low-skilled work from receiving the US visas, citing high levels of abuse, fraud and overstaying the terms.

Thu, 18 Jan 2018 06:25:50 GMT

Apple to open new campus in US

Apple is expected to open the company's new campus in the United States, as a part of a $30B investment plan for the next five years.

Thu, 18 Jan 2018 06:22:41 GMT

Tillerson to visit UK, wants to visit new US embassy

The US Secretary of State Rex Tillerson stated that he would be at a one-day visit to the City of London next week, hoping to visit new embassy of the US.

Thu, 18 Jan 2018 05:13:11 GMT

Toshiba expects $3.7B balance sheet enhancement

Toshiba is set to sell claims in Westinghouse Electric to Baupost Group in a move which likely contributes to a $3.7B improvement in the company's balance sheet.

Thu, 18 Jan 2018 05:11:43 GMT

China questions credibility, objectivity of US report over fake goods

The Chinese Commerce Ministry expressed doubts, concerning the credibility and objectivity of the US yearly blacklist of markets for counterfeit goods sale.

Thu, 18 Jan 2018 04:31:25 GMT

Mexico, EU to complete trade deal in few weeks

Mexico and the EU are expected to finish a new free trade agreement within the next couple of weeks, despite some areas remaining difficult to agree on.

Thu, 18 Jan 2018 04:29:57 GMT

Peugeot plans go electric, re-enter US

Peugeot is set to use the know-how of engineers from Opel who worked for GM to develop cars to re-enter the US and provide the option of electrification for all models by 2025.

Thu, 18 Jan 2018 02:56:15 GMT

Australian unemployment rate rises unexpectedly in December

The unemployment rate in Australia jumped unexpectedly to 5.5% last month, whereas analysts expected it to remain unchanged at 5.4%, official figures showed on Thursday.

Thu, 18 Jan 2018 02:54:30 GMT

Australian economy gains more new jobs than expected last month

The ABR reported on Thursday that 34.7K new positions were added to the economy in December, well above expectations of 13.2K.

Wed, 17 Jan 2018 21:24:09 GMT

Ethiopia releases opposition leader Merera Gudina

The Ethiopian opposition leader Merera Gudina has been freed from prison after spending there more than a year.

Wed, 17 Jan 2018 21:23:15 GMT

Saudi Arabia to provide $2B to Yemen

Saudi Arabia plans to provide $2B to Yemen's central bank to boost the war-torn country's depreciating currency, Saudi state media say.

Wed, 17 Jan 2018 19:55:34 GMT

North and South Korea to form joint ice hockey team

North and South Korea decided to form joint ice hockey Olympics team and carry a "unification flag" at the ceremony of the 2018 Winter Games.

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