News

Note: This section contains information in English only.
Thu, 22 Jun 2017 15:54:07 GMT

Car bomb kills eight outside police station in Somalia

At least eight people were killed and four others wounded on Thursday when a car filled with explosives hit a police station in the Somali capital, Mogadishu.

Thu, 22 Jun 2017 14:58:28 GMT

29 die after car bomb hits Afghan bank

A car bomb exploded outside a bank on Thursday in Afghanistan's restive Helmand province, killing at least 29 people waiting to collect their monthly salaries, said the provincial governor.

Thu, 22 Jun 2017 14:58:03 GMT

Boeing beats Airbus in the hot Paris Airshow order race

Airbus conceded defeat to rival Boeing in the race for new business at the Paris Airshow, as a late haul of almost 100 aircraft failed to close a gap opened up by the launch of the American firm's new 737 model.

Thu, 22 Jun 2017 14:10:21 GMT

EU aims to develop low-cost rocket engine by 2030s

Europe seeks to manufacture a low-budget reusable rocket engine that would have been ready-to-use after 2030 as part of an agreement between the European Space Agency and Airbus Safran Launchers.

Thu, 22 Jun 2017 13:51:41 GMT

6.8 magnitude earthquake hits Guatemala, El Salvador

On Thursday, a powerful 6.8-magnitude earthquake shook Guatemala and its neighbour state El Salvador; however, no casualties have been reported yet.

Thu, 22 Jun 2017 13:02:50 GMT

Brexit uncertainty affects business investment

The UK Finance Minister Philip Hammond said that the Brexit uncertainty had a negative impact on business investment, adding that Britain needed to bring more clarity on transition agreement at an early date.

Thu, 22 Jun 2017 12:30:48 GMT

About 600 UK buildings have Grenfell Tower's cladding

The UK PM Theresa May stated that around 600 buildings in England might have a similar cladding to the one used at the Grenfell Tower block, where 79 people were killed amid a high-rise blaze.

Thu, 22 Jun 2017 11:33:38 GMT

Citi appoints UBS banker as Chinese corporate, investment banking head

Citigroup hired the UBS Group senior Chinese banker Jiang Guorong as group's chairman and director of the China investment banking and corporate.

Thu, 22 Jun 2017 11:21:04 GMT

Swiss trade balance surprises markets

The Federal Statistical Office reported on Thursday that the Swiss trade surplus widened ₣1.44B to ₣3.40B in May, topping analysts' expectations for a surplus of ₣2.44B.

Thu, 22 Jun 2017 09:34:35 GMT

UK Imagination Technologies up for sale amid Apple dispute

The British firm Imagination Technologies lost 70% of its market value and put itself up for sale after the tech giant Apple announced plans to stop buying Imagination's processing products.

Thu, 22 Jun 2017 09:21:47 GMT

UK govt likely to strike deal with Northern Ireland DUP

The UK Finance Minister Philip Hammond stated that he was confident of the PM Theresa May would close a deal with the Northern Ireland DUP to get support for her minority government.

Thu, 22 Jun 2017 08:29:56 GMT

Iranian Airtour closes MoU for 45 Airbus A320neo jets

On Thursday, Airbus stated that the Iranian Airtour Airlines signed a memorandum of understanding for its 45 A320neo aircraft, in a deal disclosed at the Paris Airshow.

Thu, 22 Jun 2017 08:16:02 GMT

UK May to stay PM until 2017-end

The UK Finance Minister Philip Hammond stated on Thursday that Theresa May was likely to serve as Prime Minister until the end of this year, despite her majority loss in the June 8.

Thu, 22 Jun 2017 07:19:30 GMT

Zagros Airlines plans to buy 28 jets from Airbus

According to the Airbus statement, the Iranian Zagros Airlines has signed a memorandum of understanding to purchase 20 A320neo planes and eight A330neo jets. The company noted that deal is in line with terms of the Joint Comprehensive Plan Of Action.

Thu, 22 Jun 2017 07:19:02 GMT

Oil prices slightly recover

The prices for crude oil slightly increased on Thursday morning, as the US gasoline and crude stockpiles slipped by 2.5M barrels.

Thu, 22 Jun 2017 06:14:53 GMT

Mobike opens a subsidiary in Japan

Mobike, the Chinese intelligent bike-share service provider, has established a subsidiary in one of the Japan's largest city Fukuoka and plans to start operating in second half of the year.

Thu, 22 Jun 2017 06:13:58 GMT

Home Capital to receive C$2B credit from Berkshire Hathaway

On Wednesday, the Home Capital Inc. said that the Berkshire Hathaway Inc. is ready to provide a C$2B loan to its subsidiary Home Trust Co. and at the same time acquire C$400M of Capital's ordinary shares. 

Thu, 22 Jun 2017 05:29:27 GMT

Takata to file for bankruptcy

According to several sources, Takata Corp is expected to file for bankruptcy on Monday, as it suffered the biggest recall in automotive history due to defective airbag inflators.

Thu, 22 Jun 2017 05:19:53 GMT

Banco de Mexico to raise rates

On Thursday, the Central Bank of Mexico is expected to raise its interest rates to 7% for the final time this year in order to keep rising inflation at bay.

Thu, 22 Jun 2017 04:32:49 GMT

Asian stocks advance as oil recovers

On Thursday, Asian stocks were seen edging higher, amid oil's attempts to recover from its 10-month low, which in turn was reached over supply glut concerns.

Thu, 22 Jun 2017 04:26:41 GMT

BoJ official says no need for rate hike

On Thursday, Kikuo Iwata, the Deputy Governor of the BoJ, stated that there is no need to raise interest rates at the moment, due to inflation still being far from the bank's 2% target, also adding that more monetary stimulus is required.

Thu, 22 Jun 2017 02:57:43 GMT

PBOC not to shrink balance sheet as Fed does

The People's Bank of China is unlikely to shrink balance sheet like the US Fed does as it is not facing similar pressure due to the usage of different policy tools.

Thu, 22 Jun 2017 02:57:33 GMT

Russia cancels meeting with US diplomat due to sanctions

Russia cancelled a meeting between US Undersecretary of State Thomas Shannon and Russian Deputy Foreign Minister Sergei Ryabkov, angered by new US sanctions.

Thu, 22 Jun 2017 02:12:23 GMT

World population to reach 9.8B by 2050

The United Nations expects the world population to hit 8.6B in 2030, and to reach 9.8B by 2050, despite an overall descrease in fertility rates.

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