News

Note: This section contains information in English only.
Thu, 21 Sep 2017 16:56:51 GMT

Brazil Central Bank cuts inflation forecast, expects solid growth

The Central Bank of Brazil trimmed its inflation expectations and stated that it anticipated the economy to show solid growth in the next year, as interes rates were cut significantly.

Thu, 21 Sep 2017 16:03:58 GMT

EU wants clear commitments from UK

Michel Barnier, the EU chief Brexit negotiator, stated that the bloc wants the UK to halt uncertainties over the terms of the country's exit from the European Union.

Thu, 21 Sep 2017 16:02:53 GMT

Trump willing to add more North Korea sanctions

The US President Donald Trump stated that the United States would be putting more sanctions against North Korea, as tensions over Pyongyang's nuclear program have increased in recent weeks.

Thu, 21 Sep 2017 15:06:15 GMT

EU wants to raise tax on online giants without US backing

The European Commission stated that it could implement tax reform to receive more revenue from online giants without the US and other rich nation's backing, risking to spark a new dispute.

Thu, 21 Sep 2017 15:05:39 GMT

Canadian wholesale sale grow unexpectedly in July

Statistics Canada reported that the value of the country's retail sales jumped unexpectedly 1.5% in the month of July, while economists anticipated it to decline 0.9% in the reported period.

Thu, 21 Sep 2017 14:23:59 GMT

Innogy to spend $1.4B on e-mobility, glass fibre by 2019

The German largest energy group Innogy announced on Thursday it would spend up to $1.4B on e-mobility, glass fibre networks and photovoltaics by 2019.

Thu, 21 Sep 2017 14:17:41 GMT

UAE investigates Emirates A380 carrier incident in Moscow

The UAE's civil aviation regulator put under the investigation the last week's incident, when the Emirates A380 passenger aircraft flew dangerously low, while approaching Moscow's Domodedovo Airport.

Thu, 21 Sep 2017 13:21:10 GMT

Rouhani claims no changes to Iran nuclear deal

On Thursday, Iran's President Hassan Rouhani stated that the nuclear deal between six world powers and the Islamic Republic was good and could not be renegotiated.

Thu, 21 Sep 2017 13:20:03 GMT

Chinese trade surplus drops in August

According to the Federal Statistical Office, China's trade surplus narrowed to CNY 2.17B in August, compared to the prior month's increase to CNY 3.49B, missing forecasts for a fall to CNY 2.41B.

Thu, 21 Sep 2017 12:01:29 GMT

Le Pen to continue fighting against EU despite Philippot resignation

France's Marine Le Pen stated that her far-right National Front party would continue to fight against the EU, despite resignation of her deputy Florian Philippot on Thursday.

Thu, 21 Sep 2017 12:01:08 GMT

Toys 'R' Us to hire staff for holiday season

US toy retailer Toys 'R' Us is hiring extra part-time seasonal workers as the firm seeks to capitalise on holiday shopping season and avoid liquidation, after it filed for bankruptcy earlier this week.

Thu, 21 Sep 2017 10:51:36 GMT

CBR agrees to rescue B&N Bank becoming top investor

On Thursday, the Central Bank of Russia rescued B&N Bank by providing extra capital and became the struggling lender and its affiliated banks' top investor.

Thu, 21 Sep 2017 10:51:28 GMT

Lufthansa seeks to secure 38 Air Berlin wet lease planes

Lufthansa put focus on the 38 wet lease carriers in the bid for Air Berlin's assets and is aiming at further 20-40 planes, Lufthansa's CEO said.

Thu, 21 Sep 2017 09:55:10 GMT

UK reports smallest budget deficit for August since 2007

The British Office for National Statistics reported on Thursday that the UK budget deficit for the month of August stood at 5.7B pounds - the smallest reading for the given month since 2007.

Thu, 21 Sep 2017 09:54:18 GMT

Saudi Arabia to monitor, censor online calls after lifting ban

A Saudi government official explained on Thursday that all online calls that were made accessible by lifting a ban would nevertheless be monitored and censored.

Thu, 21 Sep 2017 09:26:01 GMT

Philippines expects inflation unchanged in 2017, 2018

On Thursday, the Philippine Central Bank posted its forecasts, saying it expected inflation to remain on hold at 3.2% this year and anticipated the same reading in the following year.

Thu, 21 Sep 2017 09:16:01 GMT

Nestle to phase out around 450 jobs in France

Nestle is willing to cut about 450 jobs at the Galderma research and development centre in the Southern France amid its intention to make the unit more efficient.

Thu, 21 Sep 2017 08:33:25 GMT

China underlines Iran nuclear deal importance amid DPRK crisis

According to China's Foreign Minister Wang Yi, the current North Korea situation showed the importance of the Iran nuclear deal and China would support and safeguard this accord.

Thu, 21 Sep 2017 08:24:12 GMT

Swisscom establishes new blockchain unit to develop apps

Swisscom is setting up a new blockchain unit with intention to develop applications, planning to hold a 70% stake in Swisscom Blockchain, the company reported on Thursday.

Thu, 21 Sep 2017 07:34:23 GMT

US considers remaining in Iranian nuclear deal

The United States stated on Wednesday it was considering if the Iran nuclear deal still served their security interests and whether the US should stay in the accord.

Thu, 21 Sep 2017 07:25:25 GMT

IC seeks for peaceful settlement of North Korea crisis

According to China's Foreign Minister Wang Yi statement at the NY meeting with US Vice President Mike Pence, the International Community is willing to settle the North Korea issue peacefully.

Thu, 21 Sep 2017 06:33:25 GMT

South Korea to provide North Korea with $8M aid

On Thursday, South Korea approved its plan to pledge $8M worth humanitarian aid to North Korea as part of the policy of aid that remained unaffected by strained tensions between the two countries.

Thu, 21 Sep 2017 06:16:51 GMT

Man blows himself up outside New Zealand's Parliament

The New Zealand police reported on Thursday that a man had set himself on fire outside the Parliament in Wellington just two days before national elections.

Thu, 21 Sep 2017 05:32:33 GMT

Catalan officials arrested amid raid to halt banned referendum

Spanish police arrested Catalan government officials on Wednesday during a raid aimed to halt the unauthorised independence referendum.

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