News

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Sat, 28 Oct 2017 07:14:24 GMT

Bangladesh to offer sterilization in Rohingya camps

Bangladesh is planning to offer voluntary sterilisation to Rohingya refugees living in overcrowded camps. Authorities afraid that a lack of family planning could limit available resources even further.

Sat, 28 Oct 2017 06:06:04 GMT

Shell wins three offshore blocks in Brazil's deepwater oil auction

Royal Dutch Shell Plc has won half of the awarded blocks in deepwater oil auction in Brazil, while Exxon Mobile Cope took one block and rival BP won two blocks.

Sat, 28 Oct 2017 06:04:32 GMT

Indexes of Wall street climb on Amazon and tech sector results

The main indexes of the Wall Street inched higher during the New York session due to a rally in the technology sector and a surge in Amazon shares.

Sat, 28 Oct 2017 05:28:06 GMT

Simon Zerpa becomes Venezuela's acting Economy Minister

The Chief Financial Officer of Venezuela's state oil company PDVSA Simon Zerpa has been appointed as the country's acting Economy Minister.

Sat, 28 Oct 2017 05:26:53 GMT

NY and California governors see residents suffer under Trump tax plan

California and New York's Democratic leaders are of an opinion that residents would suffer under the Republican tax plan and some of them might even be forced to leave their states.

Sat, 28 Oct 2017 03:58:32 GMT

Blackstone and BlackRock to open offices in Saudi Arabia

In an interview with Reuters, the Crown Prince of Saudi Arabia Mohammed bin Salman said BlackRock and Blackstone were planning to open offices in the kingdom.

Sat, 28 Oct 2017 03:57:24 GMT

German rights groups mobilise against AfD

Germany's civil rights defenders are rallying against the AfD party and other radical groups, with thousands of protesters expected to show up for PEGIDA's anniversary celebration in Dresden today.

Sat, 28 Oct 2017 03:29:36 GMT

US SEC takes steps to examine bond market

A regulatory filing revealed the US Securities and Exchange Commission has started a process of setting up an advisory group to scrutinise the bond market.

Sat, 28 Oct 2017 03:28:28 GMT

Madrid dismisses Catalonia's government

Following the declaration of Catalonia's independence from Spain, the Madrid government dismissed Catalonia's government and fired the region's President.

Fri, 27 Oct 2017 20:29:52 GMT

McDonald's sets new standards of welfare for chicken suppliers

McDonald's is likely to require suppliers to enhance the slaughter process and living conditions for chickens they raise for the company's restaurants.

Fri, 27 Oct 2017 20:28:53 GMT

Russia to partially repeal ban on Turkey's tomatoes

Russia is set to partially revoke its ban on the import of Turkish tomatoes starting from November 1, the country's government announced.

Fri, 27 Oct 2017 19:04:25 GMT

EU concerned on Italy's budget for 2018

The European Commission sent a letter to Italian Finance Minister urging to provide clarifications on the country's planned 2018 budget.

Fri, 27 Oct 2017 19:03:37 GMT

US probes Ford vehicles over steering wheels issue

The US auto safety agency announced that it opened a preliminary investigation into 814K cars of Ford Motor over concerns that the steering wheels could get detached during the car ride.

Fri, 27 Oct 2017 18:04:53 GMT

UBS to inform staff about Brexit plans in next few weeks

Swiss Bank UBS is expected to tell Britain's staff in the next couple of weeks where the company would move jobs as the preparation for the UK exit from the EU, CEO Sergio Ermotti said.

Fri, 27 Oct 2017 18:02:47 GMT

Exxon, Chevron profits jump in Q3 on higher commodity prices

Exxon ang Chevron, two of the world's largest oil companies, stated that their quarterly profits surged about 50%, owing to lower costs and increasing commodity prices.

Fri, 27 Oct 2017 17:01:08 GMT

German Minister warns Siemens of higher populism after job cuts

German Minister of Economy urged Siemens to rethink the company's job cuts, especially in the Germany's economically weaker areas, as job losses could boost a right-wing populism.

Fri, 27 Oct 2017 17:00:17 GMT

US economy grows 3.0% in third quarter

The US GDP marked a 3% yearly growth pace in the Q3, supported by higher inventory investment and trade, offsetting hurricane-related weakness in construction and consumer spending.

Fri, 27 Oct 2017 15:54:01 GMT

Apple says pre-orders for iPhone X ‘off the charts'

Apple announced that customers demand for the much-anticipated iPhone X was "off the charts", putting the company's shares up 2% on Friday.

Fri, 27 Oct 2017 15:52:41 GMT

Tusk sees no changes for EU after Catalan independence declaration

The European Council President Donald Tusk said that declaration of Catalan's independence changed nothing for the EU and the bloc would only deal with the central governemnt of Spain.

Fri, 27 Oct 2017 14:55:28 GMT

Bloomberg: Spain's Senate grants PM power to oust Catalan government

The Spanish Prime Minister Mariano Rajoy had received authority from the Senate to oust the current Catalan government, Bloomberg News reported on Friday.

Fri, 27 Oct 2017 14:54:01 GMT

Solid Q3 earnings boost Nasdaq, S&P on Friday

NASDAQ and S&P500 strengthened on Friday, as reports on solid third-quarter earnings from Alphabet, Amazon and Microsoft boosted technology stocks.

Fri, 27 Oct 2017 14:22:48 GMT

Tenet Healthcare to downsize of 1.3K employees

Tenet Healthcare announced on Friday that it was eager to lay off about 1.3 employees amid hospital operator's plans to lower costs by $150M in 2018.

Fri, 27 Oct 2017 14:08:03 GMT

Catalonia declares independence from Spain

On Friday, the Catalan regional Parliament proclaimed independence from Spain in a vote that would likely be declared as illegal by the Spanish Constitutional Court.

Fri, 27 Oct 2017 13:13:01 GMT

US opens inquiry into Ford Fusion cars over steering wheels

The American NHTSA stated on Friday that it had launched an investigation into 841K Ford Fusion vehicles over their steering wheels that could potentially detach while driving.

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