News

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Tue, 12 Dec 2017 12:33:57 GMT

PepsiCo makes largest public pre-order of 100 Tesla Semis

PepsiCo made the biggest pre-order of the 100 Tesla electric Semi trucks, as it seeks to lower fuel costs and fleet emissions, company's CEO stated on Tuesday.

Tue, 12 Dec 2017 12:22:09 GMT

Russia, Turkey to finalise S-400 defence deal next week

The officials of Russia and Turkey were set to meet to finalise the Turkish S-400 surface-to-air missile systems issue in the upcoming week, the President Tayyip Erdogan stated on Monday.

Tue, 12 Dec 2017 11:19:29 GMT

Airbnb revokes payment card in France

In result of a meeting with the Finance Minister of France Bruno Le Maire, Airbnb decided to revoke a payment system that allowed its users to receive funds without money transiting through bank accounts.

Tue, 12 Dec 2017 11:14:16 GMT

German business sentiment decrease in November

According to survey conducted by the ZEW research institute, the mood of German investors decreased to 17.4 from 18.7 due to uncertainty related to formation of the German government as well as divorce bill on Brexit.

Tue, 12 Dec 2017 10:31:21 GMT

Thailand says no trade with N. Korea before US envoy's visit

On Tuesday, Thailand stated there would be no trade between it and North Korea ahead of the US envoy's visit that sought to increase pressure on Pyongyang over its missile programmes.

Tue, 12 Dec 2017 10:19:51 GMT

Audi CEO abandons Ducati acquisition plan

The German carmaker Audi had dropped a plan to sell its motorcycle brand Ducati, the company's CEO Rupert Stadler said, as it expected to be capable to carry Ducati's transformation costs.

Tue, 12 Dec 2017 09:27:52 GMT

EU ceases funding for Cambodia's 2018 election

The European Union suspended funding for the Cambodian 2018 general election due to the main opposition party dissolution that makes a vote inaccurate.

Tue, 12 Dec 2017 09:18:25 GMT

French AXA to increase green project investments fourfold by 2020

France's insurance company AXA was planning to step up its investments in the environmentally-friendly projects to around $11B by 2020, the insurer announced on Tuesday.

Tue, 12 Dec 2017 08:25:56 GMT

Unibail-Rodamco to buy Westfield for $24.7B

France's Unibail-Rodamco is planning to buy Australia's shopping mall owner Westfield for $24.7B, which is seen as the biggest takeover of the Australian firm on record.

Tue, 12 Dec 2017 08:25:47 GMT

Singapore launches its first car-sharing programme

On Tuesday, Singapore launched its first large-scale e-vehicle sharing programme, as the country seeks providing commuters with various transport options and preventing them from buying their own cars.

Tue, 12 Dec 2017 06:07:00 GMT

Cuba says US suspension of visas complicates people exchanges

In a meeting on migration in the city of Havana, Cuban officials told their American colleagues that suspension of visa processing at the US embassy was "seriously hampering" regular people exchanges and family relations.

Tue, 12 Dec 2017 05:59:53 GMT

Crude oil price climbs above $65

Crude oil prices surged by $1.35 on Monday, reaching $65.42 a barrel, as investors focused on unplanned Forties deposit closure in North Sea.

Tue, 12 Dec 2017 05:17:46 GMT

Adrian Orr becomes new RBNZ governor

On late Monday, the government of New Zealand appointed Adrian Orr, the chief of a pension fund, as a new governor of the country's central bank.

Tue, 12 Dec 2017 05:14:05 GMT

Amazon's branch finds new local partner in China

On Tuesday, Amazon Web Services (AWS) announced that it will start offering computer cloud services in the Chinese region of Ningxia together with new local partner Ningxia Western Cloud Data Technology Co Ltd (NWCD).

Tue, 12 Dec 2017 03:52:38 GMT

China's Xi, South Korea's Moon to discuss trade, NK in Beijing summit

China's Xi Jinping and South Korea's Moon Jae-in are set to reaffirm the South Korean deal with China and move past on THAAD, which froze business and trade between the two.

Tue, 12 Dec 2017 03:52:05 GMT

Exxon to show details on climate-change effects on its business

Exxon Mobil stated that it would provide some details over how climate change may affect the company's long-term outlook, in a bid to appease critics.

Tue, 12 Dec 2017 03:21:21 GMT

PBoC to inject $22.7B via reverse repos

The People's Bank of China is expected to inject more that $22.7B or ¥150B into money market via seven-day and 28-day reverse repurchase agreements of bonds.

Tue, 12 Dec 2017 03:20:21 GMT

US, Japan, EU to join efforts on China's excess capacity

The United States, Japan and the European Union are anticipated to announce join forces aimed to confront Chinese excess industrial capacity and its other trade practices.

Mon, 11 Dec 2017 21:11:39 GMT

Court forces US military to accept transgender recruits

The US District Judge Colleen Kollar-Kotelly ruled on Monday that transgender recruits would be able to join that the US military starting from January 1.

Mon, 11 Dec 2017 21:10:44 GMT

Turkey, Russia to finalise S-400 deal next week

The Turkish President Tayyip Erdogan reported on Monday that Turkish and Russian representatives would meet next week to finalise the S-400 defence systems deal.

Mon, 11 Dec 2017 20:18:43 GMT

Putin says Trump's recognition of Jerusalem is destabilising Middle East

On Monday, the Russian President Vladimir Putin said that the US President Donald Trump's decision to recognise Jerusalem as Israel's capital was destabilising the situation in the Middle East.

Mon, 11 Dec 2017 20:17:10 GMT

Putin says Trump's recognition of Jerusalem is destabilising Middle East

On Monday, the Russian President Vladimir Putin said that the US President Donald Trump's decision to recognise Jerusalem as Israel's capital was destailising the situation in the Middle East.

Mon, 11 Dec 2017 20:15:49 GMT

Mexican retail sales rise significantly in November

The ANTAD, Mexico's retail association, reported that sales at stores operating at least one year surged 5.4% year-over-year in November, whereas total retail sales jumped 8.7%.

Mon, 11 Dec 2017 19:06:53 GMT

Trump to deliver speech on tax overhaul on Wednesday

On Monday, the White House reported the US President Donald Trump would give a speech on the nation's tax overhaul this Wednesday.

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