News

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Fri, 14 Apr 2017 07:06:58 GMT

At least 36 Islamic State militants killed in a strike on Friday

The United States killed on Friday at least 36 militants suspected to be members of the Islamic State, releasing the most massive non-nuclear device ever used in a battle. The Afghan Defence Ministry reassures that no civilians were hurt in the strike.

Fri, 14 Apr 2017 06:06:05 GMT

Blackstone to buy Ascend Learning for over $2B

The New York-based alternative asset management company Blackstone Group said it was in advanced negotiations to buy Ascend Learning for over $2B, including debt.

Fri, 14 Apr 2017 06:05:39 GMT

GM to create 1100 vacancies in California

General Motors reported it was planning to invest $14M in its California facility and create 1100 positions over the next five years.

Fri, 14 Apr 2017 05:04:13 GMT

Pence to visit South Korea on Sunday

Due to tensions with North Korea being on the rise lately, Mike Pence, the US Vice President has scheduled a visit to South Korea in order to reassure the US commitment to the country as an ally.

Fri, 14 Apr 2017 05:00:17 GMT

Dollar loses value due to North Korea uncertainty

Rising uncertainty over North Korea and the potential for another nuclear test led the US Dollar to lose value on Friday amid demand for the Yen, which might lead to a weekly close in the red zone.

Fri, 14 Apr 2017 04:26:26 GMT

Apple to invest in chip business

Apple intends to invest in Toshiba's chip company it is currently selling, and the investment is estimated around several billion US dollars, NHK reported on Friday.

Fri, 14 Apr 2017 04:25:32 GMT

Uber fined 1.13 million amid drunk drivers in California

Uber was recommended to pay 1.13 million US dollars in fines for failing to probe reports from clients about drivers being drunk on the job.

Fri, 14 Apr 2017 03:21:14 GMT

Kia, Hyundai to miss China sales goal on political row

Hyundai Motor and Kia Motors expected difficulties in selling 1M vehicles in China with total 52% sales slump amid political tension.

Fri, 14 Apr 2017 03:17:24 GMT

China urges against force as North Korea ready for nuclear test

China's military force could not deal with tension over North Korea, which was urged to halt nuclear weapons program and cooperate with Chinese defense.

Fri, 14 Apr 2017 02:24:38 GMT

Brazil's Temer denies $40 million bribe accusation

Michel Temer, the President of Brazil, denied that there was a meeting with an executive of Odebrecht SA, who provided an illegal 40$ million payment to his party in 2010.

Thu, 13 Apr 2017 21:25:03 GMT

Shares of Tesla jump after Musk unveils new commercial truck

Shares of Tesla inched nearly 3% higher during Thursday's New York trading session, after Musk announced that new planned commercial truck would be unveiled in September.

Thu, 13 Apr 2017 21:14:02 GMT

Death toll rises to 24 amid bus and fuel tanker truck crash in Mexico

At least 24 people were killed and nine were injured in southwestern Mexico after a bus crashed into a fuel tanker truck that exploded. 

Thu, 13 Apr 2017 20:01:13 GMT

Majority of Turks to vote "Yes" in Sunday referendum

Opinion polls released on Thursday showed that 51.5% of Turks would vote "Yes" in the constitutional referendum on Sunday aimed at increasing the Turkish President Recep Tayyip Erdogan's power.

Thu, 13 Apr 2017 20:00:01 GMT

New Boeing 737 takes off for first time

On Thursday, the brand new Boeing 737 MAX 9 jet made its first flight, piloted by Christine Walsh, the 737 Deputy Chief Pilot.

Thu, 13 Apr 2017 18:58:47 GMT

Former Exxon Mobil CEO Rex Tillerson makes $27.4M last year

The US State Secretary Rex Tillerson received compensation worth $27.4M in 2016, when he served as the chairman and CEO of Exxon Mobil, a regulatory filing showed on Thursday.

Thu, 13 Apr 2017 18:55:09 GMT

Malta-based PE firm acquires nChain Holdings

A Malta-based PE company bought nChain Holdings, which was believed to be behind the creation of Bitcoin, sources close to the matter reported on Thursday.

Thu, 13 Apr 2017 18:02:54 GMT

US stocks trade lower amid bank earnings and Trump's remarks on Greenback

Major US stocks traded lower on Thursday, as investors assessed earnings of the largest banks and the US President Donald Trump's remarks on the US Dollar's strength.

Thu, 13 Apr 2017 18:01:56 GMT

US drops MOAB in Afghanistan

A US aircraft dropped an enormous GBU-43 bomb, nicknamed as the "mother of all bombs", on the ISIS targets in Afghanistan on Thursday, the Pentagon reported.

Thu, 13 Apr 2017 17:05:42 GMT

Instagram Stories hits 200M daily active users

The Facebook-owned photo and video sharing app Instagram Stories hit 200M daily active users, while the number of DAUs on Snapchat reached 161M in February.

Thu, 13 Apr 2017 17:05:18 GMT

UoM consumer sentiment hits three-month high

The University of Michigan reported that consumer morale surged to a three-month peak in April on the back of a more optimistic assessment of the domestic economy.

Thu, 13 Apr 2017 16:03:18 GMT

US-led coalition kills 18 soldier allies in Syria by mistake

On Thursday, the Pentagon reported US-led coalition forces had mistakenly put to death 18 Arab and Kurdish militia allies in an air strike on the city of Tabqa, Syria.

Thu, 13 Apr 2017 16:02:26 GMT

US PPI plummets 0.1% in March

Data released by the US Bureau of Labour Statistics revealed that the Producer Price Index fell 0.1% over the month of March, following a 0.3% increase registered in February.

Thu, 13 Apr 2017 15:03:48 GMT

Turkey's & Russian Deputy PMs to meet on April 18

The Deputy Prime Ministers of Turkey and Russia, Mehmet Simsek and Arkady Dvorkovich, are eager to hold a meeting that will take place in Moscow next week.

Thu, 13 Apr 2017 15:02:53 GMT

Canadian manufacturing sales drop to $53.6B in February

Statistics Canada reported that having posted three straight months of advances, the country's manufacturing sales lost 0.2% in February.

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