News

Note: This section contains information in English only.
Thu, 05 Oct 2017 04:11:19 GMT

Saudi King visits Moscow on Wednesday

On Wednesday, the Saudi Arabia King Salman arrived in Moscow on his first ever visit to Russia to meet the President Vladimir Putin for talks over global oil market and Syrian conflict.

Thu, 05 Oct 2017 03:21:50 GMT

GM Cruise more than doubles test fleet of self-driving cars in California

Cruise Automation, the General Motor's self-driving unit, stated that it had more than doubled the size of robot cars test fleet in California during the past three months.

Thu, 05 Oct 2017 03:21:19 GMT

Australian retail sales fall sharply in August

Australia's retail sales dropped 0.6% in the month of August, the steepest fall since early 2013, missing analysts' expectations for a 0.3% increase in the reported period.

Thu, 05 Oct 2017 02:02:39 GMT

EU provides $353M to support Libya's government

Johannes Hahn, the EU official, announced that the bloc allocated $353M to help restore security and stability in Libya and its government structures.

Thu, 05 Oct 2017 02:00:16 GMT

Peugeot bets on utility vehicles to boost sales in Brazil

France's car maker Peugeot stated that it focused on utility cars to raise market share in Brazil and is likely to provide the same set of models the company sells in Europe.

Wed, 04 Oct 2017 20:06:49 GMT

Mylan's shares rise, affecting Teva

The US approval of Mylan NV's MS treatment Copaxone, generic version of Teva's blockbuster, drove shares of the drugmaker up 19%, affecting rival's shares.

Wed, 04 Oct 2017 20:05:37 GMT

Google's Alphabet launches new phone and home speakers

Alphabet Inc's Google has launched the second generation of Pixel smartphones and new home speakers enabled by the voice, increasing the commitment to the hardware business.

Wed, 04 Oct 2017 19:08:24 GMT

Air freight's global demand rises 12.1% in August

According to the IATA, air freight demand's growth in 2017 could exceed the present forecast of 7.5%, after reporting 12.1% growth in August driven by the rise in worldwide trade.

Wed, 04 Oct 2017 19:03:49 GMT

Wall Street indexes rise to record highs after Tillerson's statement

The main indexes on Wall Street have scaled the new record highs during the New York session on Wednesday, after Tillerson stated that he had never considered resigning.

Wed, 04 Oct 2017 18:04:01 GMT

US SEC floats possible delay to fund data gathering rules amid hack

The chairman of the US SEC has floated a potential delay to new rules of the fund data gathering, following a hack, which has questioned cyber security controls of the regulator.

Wed, 04 Oct 2017 18:03:04 GMT

Tillerson does not consider resigning

According to NBC News, the US Secretary of State Tillerson stated that he had never thought about resigning and he was always committed to the President's agenda.

Wed, 04 Oct 2017 17:09:28 GMT

Benchmark bond of Puerto Rico tumbles to record low

Puerto Rico benchmark general obligation bond price dropped to a record low during the New York session amid Trump's suggestion to wipe out island's vast debt load.

Wed, 04 Oct 2017 17:07:48 GMT

Equinox new data protection product is not sufficient

The US Senator Warren stated that the new product of Equinox Inc that allowed clients to lock and unlock their credit reports did not provide the sufficient protection to client's data.

Wed, 04 Oct 2017 16:08:17 GMT

ISM reports stronger Non-Manufacturing PMI

The Institute for Supply Management reported that its Non-Manufacturing PMI rose to 59.8 over the course of September, topping estimates for a 55.5-point reading.

Wed, 04 Oct 2017 16:06:41 GMT

ADP Non-Farm Employment Change at 135K in September

Data released by the ADP revealed that the number of people employed in the private sector rose by 135K in September compared with a downwardly-revised gain of 228K in August.

Wed, 04 Oct 2017 15:18:00 GMT

EZ retails sales down 0.5% in August

Eurostat reported on Wednesday that the volume of retail trade in the Euro zone was down 0.5% in August, falling behind analysts' expectations for a 0.3% rise.

Wed, 04 Oct 2017 15:17:22 GMT

UK Services PMI inches up in September

According to the data released by IHS Markit on Wednesday, the UK Services PMI advanced 0.4 points to come in at 53.6 for the month of September.

Wed, 04 Oct 2017 14:26:41 GMT

Banned nerve agent sarin likely used in Syrian attack

A chemical weapons watchdog found the illegal nerve agent sarin in the samples examined after an attack that took place in the opposition-led Syria's town in March.

Wed, 04 Oct 2017 14:10:45 GMT

EU calls Spain and Catalonia to ease violent confrontation

On Wednesday, the European Union urged again the authorities of Catalonia and Spain to open a dialogue to defuse the violent confrontation over Catalan independence.

Wed, 04 Oct 2017 13:34:40 GMT

Turkish judge claims 43 soldiers tried to kill Erdogan

Turkey's Court found 43 ex-soldiers guilty on Wednesday of trying to murder the President Tayyip Erdogan in the 2016 failed coup.

Wed, 04 Oct 2017 13:29:00 GMT

Islamic State to blame for suicide attack in Libya

On Wednesday, three people were killed and 35 wounded in an attack on Misrata's court complex in Lybia, which was claimed by the Islamic State.

Wed, 04 Oct 2017 12:30:04 GMT

Amazon to pay $294.38M back tax bill to Luxembourg

The European Union ordered Amazon on Wednesday to pay around $294.38M in back taxes to Luxembourg, as the US company was caught up in the EU crackdown on unfair deals with taxes.

Wed, 04 Oct 2017 12:09:18 GMT

Iceland cuts key interest again month ahead of snap election

On Wednesday, Iceland's Central Bank cut its key rate for the fifth time, one month ahead of the snap Parliamentary election to mitigate the effect of lower inflation.

Wed, 04 Oct 2017 10:52:05 GMT

EU Commission takes Ireland to court over $15.3B Apple tax bill

The EU Commission took Ireland to the European Court of Justice over its failure to recover $15.3B of a tax due from the US tech giant Apple.

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