News

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Wed, 20 Dec 2017 14:57:23 GMT

Ex-Interpol head wants to testify for Argentina's Fernandez

The former chief of Interpol Ronald Noble stated on Wednesday he would like to testify for Argentina's ex-President Christina Fernandez, claiming that her government did not call to lift arrest warrants.

Wed, 20 Dec 2017 14:33:20 GMT

EU launches process against Poland over court reforms

The European Union has triggered an unprecedented process against Poland on Wednesday, seeking to suspend its voting rights in the bloc, following two year-dispute over judicial reforms.

Wed, 20 Dec 2017 13:34:10 GMT

EU seeks Brexit transition period to end in January 2021

The European Union has set deadline for the Brexit transition period, seeking to end it no later than in January 2021, the European Commission decided on Wednesday.

Wed, 20 Dec 2017 13:14:46 GMT

BlackBerry's revenue drops almost 25% in Q3

Canada's software maker BlackBerry reported a 24.9% fall in its Q3 revenue on Wednesday, still beating analysts' expectations on the back of its licensing and software sales growth.

Wed, 20 Dec 2017 11:52:02 GMT

Shanghai vetting outbound investment

Authorities in Shanghai have started vetting applications for licenses for a specific outbound investment scheme. The scheme has allowed subsidiaries of asset managers to raise funds for overseas investments.

Wed, 20 Dec 2017 11:51:11 GMT

US House votes again on tax bill

The US House of Representatives is set to make the final vote on the new US tax bill before sending it for signing to the US President Donald Trump.

Wed, 20 Dec 2017 11:06:51 GMT

IMF: Britain may lift tax revenues to plunge deficit

According to the International Monetary Fund, Britain might need to raise the tax revenues in order to bring down the budget deficit, after it had relied on keeping a strict control on public spending.

Wed, 20 Dec 2017 10:58:37 GMT

Elbit Systems's subsidiary wins $176M US contract

US subsidiary of the Israeli defence company Elbit Systems won the DynCorp International contract worth up to $176M to provide back-up services for the US Military's UC-35 and C-26 aircraft fleet.

Wed, 20 Dec 2017 10:34:11 GMT

Myanmar bans UN rights investigator just ahead of visit

Myanmar barred the UN independent human rights investigator from visiting the country just ahead of her arrival in January, saying it would not seek any cooperation with her.

Wed, 20 Dec 2017 10:26:44 GMT

President Trump plans to arrive in Britain in February

The US President Donald Trump is planning his visit to Britain in February on the back of the new US embassy opening in London, Daily mail reported on Wednesday.

Wed, 20 Dec 2017 09:34:01 GMT

Turkish Foreign Minister to travel to NY

On Thursday, the Turkish Foreign Minister is set to attend the United Nations meeting in New York over the US decision to recognise Jerusalem as the Israeli capital.

Wed, 20 Dec 2017 09:28:58 GMT

French watchdog hits Johnson&Johnson with $30M fine

The US healthcare company Johnson&Johnson was fined $29.62M by the French competition watchdog over the case that involved a pain killer product durogesic.

Wed, 20 Dec 2017 08:33:36 GMT

EU banks to be allowed to operate normally in UK after Brexit

According to the BBC report, the Bank of England is planning to allow the EU banks to operate in the United Kingdom as normal after Britain's withdrawal from the bloc.

Wed, 20 Dec 2017 08:22:24 GMT

South Korea: military drills delays depend on KP

South Korea stated on Wednesday that any delay in the country's joint military drills with the US would depend on the North Korean behaviour during the Winter Olympics in 2018.

Wed, 20 Dec 2017 07:33:29 GMT

Catalans to vote in disputed election on Thursday

Catalonia is set to vote for a new administration on Thursday in a close-run election that is believed to resolve the Spanish worst crisis in ten years, following the region's independence proclamation.

Wed, 20 Dec 2017 07:25:56 GMT

Subaru launches inquiry into mileage cheating

Subaru has launched an investigation into the alleged data falsification by its inspectors over car mileage readings during the last inspections conducted on the company's vehicles.

Wed, 20 Dec 2017 06:33:46 GMT

Honduran President recognised as disputed election's winner

On Tuesday, the Honduran President Juan Orlando Hernandez was recognised by Mexico as the last month's election winner, strengthening his position after he had declared himself the President-elect.

Wed, 20 Dec 2017 06:28:03 GMT

Samsung builds up world's smallest DRAM chip

Samsung Electronics stated on Wednesday that it had developed the smallest DRAM chip in the world, tracking towards a record 2017 operating profit, boosted by the semiconductor business.

Wed, 20 Dec 2017 05:32:22 GMT

Japan Display seeks $1.8B-plus investment from China firms

Japan Display is discussing a more than $1.8B investment from three China's panel producers, including the BOE Technology Group, Kyodo News reported.

Wed, 20 Dec 2017 05:26:26 GMT

Korean Air to get first Bombardier C series aircraft

On Friday, Korean Air is set to receive the first Bombardier C Series jet, following months of delay over engine issues with the second delivery to take place shortly after.

Wed, 20 Dec 2017 03:52:28 GMT

Saudis to slow austerity drive, boost spending in 2018 budget

Saudi Arabia is set to retard an austerity drive and raise government spending in 2018, while struggling to lift the country's economy out of recession amid low oil prices.

Wed, 20 Dec 2017 03:52:03 GMT

EU Commission to punish Poland on legal reforms

The EU executive is likely to trigger a process to strip Poland of the country's voting rights within the bloc, as tensions between Warsaw and Brussels escalate.

Wed, 20 Dec 2017 03:33:55 GMT

Strong global economy, solid package volume encourage FedEx profit

FedEx said that the company's quarterly profit marked a stronger-than-anticipated increase due to solid global demand and higher package volumes in the holiday season.

Wed, 20 Dec 2017 03:32:38 GMT

BoE to allow European banks to operate as normal after Brexit

The Bank of England is expected to unveil plans to allow the EU banks to operate in Britain as normal after it quits the bloc, even if no deal is reached.

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