News

Note: This section contains information in English only.
Wed, 26 Apr 2017 08:21:44 GMT

US diesel probes to cause penalties and vehicle recalls

According to Daimler's statement in its Q1 report, the US probes on diesel emissions may result in severe penalties and massive vehicle recalls.

Wed, 26 Apr 2017 07:30:05 GMT

NASA releases giant balloon to acquire near space data

On Wednesday, NASA launched a stadium-seized balloon in New Zealand designed to collect the near-Earth space data, starting a 100-day journey after several failed attempts amid cyclones and storms.

Wed, 26 Apr 2017 07:09:01 GMT

Tyson Foods to raise wages as US labour market tightens

The US largest chicken company Tyson Foods intends to raise wages for its poultry plants' workers amid escalating battle for employees as the labour market tightens.

Wed, 26 Apr 2017 06:31:51 GMT

Hyundai Motor net profit slides 21% in Q1

The South Korean Hyundai Motor reported its quarterly net profit of $1.18B, down 21% from the previous year amid strong sales decline in China following the current political tensions between the countries.

Wed, 26 Apr 2017 06:18:53 GMT

China introduces first locally produced jet carrier

On Wednesday, China presented its first aircraft carrier that was designed in the Chinese Dalian Northeast port and would enter service in 2020.

Wed, 26 Apr 2017 05:16:32 GMT

Police in Thailand to discuss speeding up inappropriate content removal on Facebook

After a man killed his daughter in a Facebook video in Phuket, the Thai police claimed that they would debate on how to quicken the takedown of such videos.

Wed, 26 Apr 2017 05:08:59 GMT

Toshiba to cut PwC as auditor

Due to the risks of being delisted because of last year's earnings releases, Toshiba is planning to change its auditor from PwC to another company, sources claimed on Tuesday.

Wed, 26 Apr 2017 04:27:30 GMT

Japanese minister steps down after comments on 2011 tsunami

Following claims that it was better the northeast coast was struck by the 2011 tsunami than Tokyo, the Japanese reconstruction minister who was overseeing the devastated zone stepped down from his post.

Wed, 26 Apr 2017 04:16:53 GMT

US citizen jailed for espionage in China

A US citizen was convicted for engaging in espionage by the Chinese court, and will be serving three years in prison before deportation back to the US.

Wed, 26 Apr 2017 03:05:19 GMT

Trump to order review of US national monuments

Donald Trump is set to request a review of US national monuments with a goal toward resizing or rescinding some of them to reopen mining, drilling areas.

Wed, 26 Apr 2017 03:02:03 GMT

China to encourage coal miners to restructure

Beijing is likely to persuade coal companies to restructure and merger in order to raise efficiency and return coal prices to an appropriate range, said the state planner.

Wed, 26 Apr 2017 02:26:49 GMT

Trump tax plan to cut corporate income tax rate

Trump is expected to release a new tax proposal on Wednesday showing main principles and some cuts, such as a diminished corporate tax rate.

Wed, 26 Apr 2017 02:22:17 GMT

EU tightens demands on UK residence

EU leaders are set to insist the UK to provide permanent residence to European Union's citizens who arrived before Brexit and stayed five more years.

Tue, 25 Apr 2017 20:13:21 GMT

Erdogan sees no solution to Syrian conflict with Assad in power

In an interview with Reuters, the Turkish President Tayyip Erdogan said he did not see any solution to the Syrian conflict as long as the current President Assad remains in charge.

Tue, 25 Apr 2017 20:12:38 GMT

Tyson Foods strikes $4.2B deal with AdvancePierre

On Tuesday, Tyson Foods said it had agreed to buy the Cincinnati-based ready-to-eat sandwich producer AdvancePierre for $4.2B as a part of the company's expansion plan.

Tue, 25 Apr 2017 19:06:42 GMT

Uber seeks to deploy flying taxis by 2020

Speaking at the Uber Elevate Summit, the CPO of Uber Technologies Jeff Holden reported the company sought to deploy first flying taxis in Texas and Dubai by 2020.

Tue, 25 Apr 2017 19:06:09 GMT

Turkish PM: Turkey-EU relations at lowest mark in recent times

On Tuesday, the Turkish First Minister Binali Yildirim said relations between Turkey and the EU had hit the lowest mark in recent times.

Tue, 25 Apr 2017 18:04:52 GMT

French billionaire seeks to acquire Christian Dior for $13.04B

On Tuesday, Bernard Arnault, a French billionaire, said his family was ready to acquire stake in Christian Dior SE for a total of $13.04B.

Tue, 25 Apr 2017 18:04:13 GMT

Coca-Cola Q1 earnings fall behind expectations

Coca-Cola's Q1 net income fell short of analysts' expectations, coming in at $1.18B, or $0.27 per share, compared with $1.48B income in the year-earlier quarter.

Tue, 25 Apr 2017 17:18:36 GMT

McDonald's Q1 earnings top analysts' expectations

The fast food giant McDonald's reported on Tuesday its first-quarter net income surged to $1.21B, or $1.47 a share, beating economists' expectations for $1.34 per share.

Tue, 25 Apr 2017 17:17:19 GMT

Caterpillar upgrades its 2017 revenue and profit outlook

The Illinois-based construction machinery producing company Caterpillar upgraded its 2017 revenue and profit outlook, saying there are some encouraging signs in markets it serves.

Tue, 25 Apr 2017 16:02:59 GMT

US CB consumer morale declines in April

The Conference Board Consumer Confidence Index for the US came in at 120.3 for the month of April, down from 124.9 reading observed in March.

Tue, 25 Apr 2017 16:02:13 GMT

S&P/CS 20-city composite HPI soars 5.9%

An S&P report released on Tuesday suggested the S&P/CS 20-city composite HPI surged to a seasonally adjusted yearly rate of 5.9%.

Tue, 25 Apr 2017 15:11:37 GMT

US house prices up 0.8% in February

Data released by the Federal Housing Finance Agency on Tuesday revealed the US House Price Index rose 0.8% over the month of February.

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