News

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Thu, 20 Jul 2017 09:52:29 GMT

UK retail trade rebounds in June

The Office for National Statistics reported that British retail sales rose 0.6% in June from the preceding month's downwardly revised reading of -1.1%.

Thu, 20 Jul 2017 09:32:21 GMT

Fox says EU-UK trade accord should be easy to reach

According to the UK Trade Minister Liam Fox, the Britain-EU trade deal should be easy to reach amid the UK and bloc's similarity in regulatory measures and no tariffs.

Thu, 20 Jul 2017 09:21:33 GMT

Volvo Cars seeks tech-sharing venture with China's Geely

Swedish Volvo Cars is planning a technology-sharing joint venture with the Chinese firm Geely Holdings, following the company's intention to unlock the major benefits across its portfolio.

Thu, 20 Jul 2017 08:31:46 GMT

Philippines detains 43 foreigners over Singapore woman kidnapping

The Philippine police stated on Thursday that they had arrested 43 foreigners for a Singaporean woman kidnapping at Manila's casino resort on July 17.

Thu, 20 Jul 2017 08:23:27 GMT

Iraqi forces retakes Mosul's village from Islamic militants

On Thursday, the Iraqi forces managed to regain control over the Imam Gharbi village, located South of Mosul, from the Islamic State's militants who had seised its after their defeat in the city.

Thu, 20 Jul 2017 07:34:29 GMT

China and US fail to find solution to trade issues

On Wednesday, China and the United States did not managed to find a solution to reduce the US trade deficit with China that started to cast doubts over Donald Trump's security and economic relations with Beijing.

Thu, 20 Jul 2017 06:51:08 GMT

French Ingenico to close $1.7B acquisition deal with rival Bambora

The Paris-based payments company Ingenico is planning to acquire its Swedish rival Bambora in a deal worth $1.7B amid French firm's intention to lift its earnings.

Thu, 20 Jul 2017 06:34:39 GMT

Turkey finds Germany's comments on activists arrest unacceptable

Turkey's Foreign Ministry stated on Thursday that Germany's comments regarding the Turkish arrest of the six human rights activists were completely unacceptable.

Thu, 20 Jul 2017 04:58:51 GMT

Australia's unemployment rate steady at 5.6% in June

The Australian Bureau of Statistics reported that the country's unemployment rate was unchanged at 5.6% in June, following the preceding month's upwardly revised 5.6% reading.

Thu, 20 Jul 2017 04:58:26 GMT

Laptop ban on US-Saudi Arabia flights ended

A ban on large electronics, including laptops, in cabins on direct flights to the US from Saudis was lifted from the country's certain airports previously affected by restrictions.

Thu, 20 Jul 2017 03:55:17 GMT

Britain and Germany to remain close after Brexit

The UK and Germany would remain close after Brexit, Prince Williams revealed during a pre-Brexit charm tour, showing that Britain aims to keep good relationship with the EU members.

Thu, 20 Jul 2017 03:55:08 GMT

UK and US to start exploring post-Brexit trade

UK and US officials are expected to meet in Washington to explore a new free trade agreement between the countries after Britain leaves the EU, a US official stated.

Thu, 20 Jul 2017 02:55:11 GMT

GE to conclude up to $409M worth defence contract

General Electric was awarded a defence contract totalling $409M for next-generation thermal, controls and power, the Pentagon stated.

Thu, 20 Jul 2017 02:53:18 GMT

Brazil wants to raise $3.2B this year from higher taxes

Brazil is expected to announce an increase in taxes on gasoline, aiming to reach this year's budget goal amid slow economic recovery.

Thu, 20 Jul 2017 02:06:12 GMT

China, US fail to agree on how to lower US trade deficit

Senior Chinese and US officials disagreed on the main steps needed from Beijing to help diminishing the US trade deficit with China.

Thu, 20 Jul 2017 02:04:48 GMT

Japan's exports rise, keep supporting economic recovery

Japanese exports grew for a seventh consecutive month in June due to more shipments of electronics and cars, supporting the country's gradual economic recovery.

Wed, 19 Jul 2017 20:01:10 GMT

Supreme Court rejects Trump's bid on travel ban

The US Supreme Court has rejected President Trump's bid to block the ruling of the judge that prevented the travel ban on citizens of the six major Muslim countries.

Wed, 19 Jul 2017 19:59:59 GMT

Global Blue to choose advisors for share sale

The CEO of Global Blue, shopping tax-refund company, had the business talks with major investment banks regarding the opportunity to hire advisers for the possible stock sale in 2018.

Wed, 19 Jul 2017 19:09:10 GMT

Peru's Central Bank to cut benchmark interest rate

According to the Peruvian Central Bank's President, the bank could lower a benchmark interest rate once again, depending on the economic data, despite last week's key rate cut to 3.75%.

Wed, 19 Jul 2017 19:03:22 GMT

Global stocks inch higher for ninth session

World stocks' gauge has climbed for the ninth session in a row in New York, while the Nasdaq Composite and the S&P 500 tallied the intraday record highs in the US.

Wed, 19 Jul 2017 18:04:34 GMT

British royals meet Merkel in Berlin

The Duke and Duchess of Cambridge have held discussions with German Chancellor Angela Merkel as they continue their five-day tour of Poland and Germany.

Wed, 19 Jul 2017 18:03:45 GMT

Turkish PM changes 11 ministers in Cabinet reshuffle

The Turkish Prime Minister Binali Yildirim reshuffled his Cabinet on Wednesday replacing 11 ministers in the 27-member government Cabinet.

Wed, 19 Jul 2017 17:16:57 GMT

Indonesia bans local branch of Hizb ut-Tahrir

Indonesia's government on Wednesday banned the local branch of Islamic group Hizb ut-Tahrir, rejecting criticism from rights groups that the move was undemocratic.

Wed, 19 Jul 2017 17:16:16 GMT

California wildfires force evacuations

A growing wildfire in the US state of California has forced thousands of residents of the small town of Mariposa to evacuate. 

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