News

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Wed, 01 Mar 2017 14:18:38 GMT

Antarctica scores 17.5°C record high

According to the UN weather agency report on Wednesday, the Antarctic Peninsula reached its heat record of 17.5°C (63.5°F) on March 24 in 2015.

Wed, 01 Mar 2017 13:34:02 GMT

UK holds regular talks with Ford on automobile sector

On Wednesday, the British PM Theresa May stated the government was negotiating with Ford over the solution to prevent over 1K job losses in the Ford Bridgend plant after the UK's exit from the EU.

Wed, 01 Mar 2017 13:10:20 GMT

VW Trucks to expand in China

According to the vehicle head Andreas Renschler, Volkswagen Trucks is eager to join hands with a new partner, such as FAW, as the company intends to expand in China.

Wed, 01 Mar 2017 12:28:19 GMT

One dead and 35 wounded amid Afghan blasts

According to the public health ministry, one person died and 35 people injured in the blast attacks claimed by the Taliban faction in different parts of Kabul.

Wed, 01 Mar 2017 12:04:29 GMT

Fillon's wife taken in for questioning

The French presidential nominee Francois Fillon's wife Penelope Fillon was held for enquiry on Wednesday over her payments work as Fillon's assistant.

Wed, 01 Mar 2017 11:15:10 GMT

OPEC complies with output cut

On Wednesday oil prices reversed their earlier losses, as market participants observed that the OPEC countries are complying with their output cut pledges.

Wed, 01 Mar 2017 11:14:34 GMT

Markets concentrate on Fed and ignore Trump

During the first half of Wednesday's trading session the US Dollar and US Treasury yields surged, as market participants concentrated on the chances of an Federal Reserve interest rate hike.

Wed, 01 Mar 2017 10:25:16 GMT

Kremlin expects US policy statement on Russia

On Wednesday, the Kremlin spokesman Dmitry Peskov said Russia was expecting the US President Donald Trump to make any police statement over the US-Russia future relations.

Wed, 01 Mar 2017 10:06:27 GMT

Taliban claimed blast toll rises in Kabul

According to the Afghan intelligence officials, the number of explosions in Kabul on Wednesday targeting the country's police and army rose to at least three, all claimed by the Taliban faction.

Wed, 01 Mar 2017 09:15:39 GMT

Undefined blast hits Afghani capital

According to the Afghan police, Kabul was hit by an explosion on Wednesday, however, no casualties or blast cause have been reported yet.

Wed, 01 Mar 2017 09:04:06 GMT

Coal truck drivers raise protest in Zuma

A number of coal carrier trucks blocked out the high roads in the South African capital as drivers staged a protest over renewed energy power contract that would cause 30K coal industry job losses.

Wed, 01 Mar 2017 08:26:18 GMT

Iraqi forces close last main exit from Mosul

The US-backed Iraqi soldiers seized control of the Northwest entrance to Mosul by cutting the last main road from the Islamic State militants on the western side of the city.

Wed, 01 Mar 2017 08:13:27 GMT

Saudi King visits Indonesian leader

On Wednesday, the Saudi Arabia King Salman has arrived to Indonesia for the meeting with the host country's President as the leaders are eager to sign an agreement to combat terrorism.

Wed, 01 Mar 2017 07:29:17 GMT

Duterte signs Paris climate change agreement

On Wednesday, the President of Philippines Rodrigo Duterte signed the Paris pact on climate change, thereby banning gas emissions that cause greenhouse effect

Wed, 01 Mar 2017 07:07:07 GMT

Amazon cloud suffers technical breakdown

On Tuesday, Amazon.com Inc. reported its cloud service used by many news and governmental websites had experienced some major technical issues during three and a half hours, without stating the cause of the disruption.

Wed, 01 Mar 2017 05:52:20 GMT

FED officials increase rate hike expectations

During Tuesday's trading session the New York and San Francisco representatives of the Federal Reserve gave speeches. As a result of their rhetoric, the expectations of a March rate hike have increased.

Wed, 01 Mar 2017 05:51:46 GMT

Trump promises tax relief

During his latest speech the President of the United States Donald Trump affirmed that a large tax reform is in the planning, which is set to boost the economy of the US.

Wed, 01 Mar 2017 05:22:22 GMT

Iraq will not be included in US immigration ban

The President of the United States Donald Trump announced during his latest speech that his new immigration order is set to remove Iraq from list of the countries, whose citizens are facing a US travel ban.

Wed, 01 Mar 2017 05:21:50 GMT

Trump remains committed to US allies

During his latest speech the President of the United States Donald Trump affirmed the support of the United States to its longstanding allies. However, he insisted that partners have to pay their share.

Tue, 28 Feb 2017 22:32:03 GMT

Fed's Williams signals to a possible rate hike next month

On Tuesday, the San Francisco Fed President John Williams said that March rate hike is quite possible due to the US inflation approaching the central bank's 2% target.

Tue, 28 Feb 2017 22:19:06 GMT

Russia criticises UN sanctions on Syria

On Tuesday, the Deputy Foreign Minister of Russia Gennady Gatilov stated that UN sanctions put on Syria for the usage of chemical weaponry could hinder Geneva peace talks.

Tue, 28 Feb 2017 21:04:08 GMT

OneWeb confirms merger with Intelsat

On Tuesday, OneWeb and Intelsat agreed on a share-for-share merger that would allow the two companies to create a combined satellite network.

Tue, 28 Feb 2017 21:03:41 GMT

New US Commerce Secretary appointed

On Tuesday, a 79-year-old billionaire Wilbur Ross has been appointed as the head of the United States Department of Commerce.

Tue, 28 Feb 2017 20:06:10 GMT

Nissan urges government to help to comply with "rules of origin"

Japanese carmaker's European division called on the British government to help the company to comply with the "Made in Britain" rule in the wake of Brexit.

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