News

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Fri, 13 Oct 2017 19:27:05 GMT

EU Mogherini: no single country can terminate Iran nuclear deal

No single country has powers to terminate the 2015 Iran nuclear deal, the EU Foreign Policy Chief Federica Mogherini says.

Fri, 13 Oct 2017 19:24:49 GMT

European leaders committed to Iran nuclear deal

The British Prime Minister Theresa May, the German Chancellor Angela Merkel and the French President Emmanuel Macron "stand committed" to the 2015 nuclear deal with Iran, a joint statement states.

Fri, 13 Oct 2017 18:33:34 GMT

EU Juncker: UK to pay for Brexit trade talks

The EU President Jean-Claude Juncker said that the UK would "have to pay" before negotiations could progress to the next phase.

Fri, 13 Oct 2017 18:32:27 GMT

Trump chooses not to certify Tehran compliance with 2015 nuclear deal

The US President Donald Trump decided not to certify Tehran's compliance with the 2015 nuclear deal, a major shift in the US foreign policy.

Fri, 13 Oct 2017 17:01:56 GMT

Norway to send army to Russian border

The Norwegian Defence Minister Ine Eriksen Soereide reported on Friday that the government planned to send its armed forces to the Russian border.

Fri, 13 Oct 2017 17:01:03 GMT

Treasury Secretary says it is difficult not to cut taxes for rich

On Friday, the US Treasury Secretary Steven Mnuchin stated it was very difficult for Trump's tax reform not to cut taxes for the rich.

Fri, 13 Oct 2017 15:58:21 GMT

US consumer confidence rebounds sharply

The University of Michigan reported that its flash Consumer Sentiment Index came in at 101.1 in October, up from the preceding month's 95.1.

Fri, 13 Oct 2017 15:57:27 GMT

US retail sales rebound in September

According to official data released on Friday, US retail sales surged 1.6% last month, after dropping 0.1% in August, while analysts expected to see a 1.7% jump.

Fri, 13 Oct 2017 14:55:44 GMT

US consumer prices rise 0.5% last month

The US Department of Labour reported on Friday that its CPI jumped 0.5% in September, following the prior month's increase of 0.4%, whereas analysts anticipated a 0.6% surge.

Fri, 13 Oct 2017 14:54:53 GMT

Swiss producer prices jump 0.5% in September

The Swiss Federal Statistical Office reported on Friday that its PPI surged 0.5% last month, surpassing analysts' expectations for a 0.3% gain.

Fri, 13 Oct 2017 14:03:19 GMT

Amazon to open new distribution centre in UK

Amazon announced on Friday that it would open its new distribution centre in the UK city of Bolton in 2018 amid the company's global expansion outside North America.

Fri, 13 Oct 2017 13:57:55 GMT

EU to cut business ties with North Korea

On Monday, the European Union will ban business ties with Pyongyang on the back of new sanction package to isolate North Korea over its missile and nuclear programmes.

Fri, 13 Oct 2017 13:34:41 GMT

US exit from Iran nuclear deal to cause terrible effects

The US possible leave from the Iran nuclear deal would cause extremely dire consequences, the Kremlin stated on Friday.

Fri, 13 Oct 2017 13:21:04 GMT

UN cultural agency to elect new chief after US walkout

On Friday, the cultural agency of the United Nations is willing to pick up new chief, hoping that someone can revitalise UNESCO fortunes after Israel and the US pulled out.

Fri, 13 Oct 2017 12:32:10 GMT

Top EU states urge for internal border control

On Friday, ministers of France, Austria and Germany stated that the EU needed to set up the temporary border control for its free-travel zone amid continued terrorist threat.

Fri, 13 Oct 2017 12:23:20 GMT

Allies call Catalonia leader to proclaim full independence

Key allies of the Catalan leader Carles Puigdemont pressed him to declare the region's full independence and ignore Madrid's threat of direct measures to be taken.

Fri, 13 Oct 2017 11:29:57 GMT

Amazon Studios head ousted amid harassment allegations

Amazon Studios suspended its chief Roy Price on Thursday, after allegations that Price harassed a producer Isa Hackett.

Fri, 13 Oct 2017 11:29:32 GMT

Uber files appeal against London license loss

On Friday, Uber filed an appeal to overturn London transport regulator's decision to revoke the ride-hailing company's operating license in the City.

Fri, 13 Oct 2017 09:51:39 GMT

CEO: Kobe Steel to compensate customers for data falsification

The CEO of Japan's Kobe Steel Hiroya Kawasaki said on Friday that the company would compensate customers' costs related to the falsification of their product data.

Fri, 13 Oct 2017 09:51:27 GMT

Mercedes-Benz to recall around 351,000 cars in China

Mercedes-Benz is to recall around 351,000 vehicles in the Chinese market due to potentially faulty air bags produced by the Japanese company Takata Corp.

Fri, 13 Oct 2017 09:31:48 GMT

Iran sees nuclear deal collapse if US quits

The Iranian Parliament fears that the United States' exit from the Iran nuclear accord could mean the end of the international agreement, as the President Donald Trump sought to decertify the deal.

Fri, 13 Oct 2017 09:22:45 GMT

China jails most-wanted fugitive to eight years for graft

On Friday, China's Court sentenced the country's most-wanted fugitive to eight years in jail for graft and accepting bribes, state media reported.

Fri, 13 Oct 2017 08:28:04 GMT

Airbus says no suppliers affected by Kobe row

Airbus stated on Friday that it had not found any suppliers that were affected by the Kobe Steel cheating scandal, despite the Nikkei newspaper asserted otherwise.

Fri, 13 Oct 2017 08:02:28 GMT

Turkey to arrest 115 people in post-coup investigation

Turkey's authorities ordered detention of 115 people across the country amid a widening crackdown after the 2016 failed military coup attempt.

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