News

Note: This section contains information in English only.
Tue, 07 Nov 2017 08:16:29 GMT

Lyft's COO to step down by year end

Lyft's Chief Operating Officer Rex Tibbens is eager to quit by this year's end, as the US ride-hailing firm aims to hire an advisory company for its proposed IPO.

Tue, 07 Nov 2017 07:31:45 GMT

Saudi Arabia accuses Lebanon of declaring war

On Monday, Saudi Arabia accused Lebanon of declaring war on it amid aggression by the Iranian-backed Lebanon Shi'ite group Hezbollah.

Tue, 07 Nov 2017 07:27:24 GMT

Egypt's Sisi not to seek third term

The President of Egypt Abdel Fattah al-Sisi stated that he was not eager to stay at his position for a third term, as he did not seek to change constitutional provision of the two-term Presidential limit.

Tue, 07 Nov 2017 06:12:52 GMT

US Navy to start show of force as Trump visits Asia

According to US official, three American aircraft carrier strike groups will hold joint drills with the Japanese destroyer Inazuma in the Western Pacific, as Donald Trump conducts his Asian tour and tries to resolve the North Korean problem.

Tue, 07 Nov 2017 06:12:27 GMT

Indonesia to summon messaging companies

Indonesian authorities said on Tuesday they would summon counsellors of search engines and messaging services to demand to delete indecent content, such as GIF images in the WhatsApp Messenger.

Tue, 07 Nov 2017 05:30:02 GMT

Trump arrives in South Korea

On early Tuesday, the US President Donald Trump arrived in South Korea to discuss with President Moon Jae-in possible resolution of the North Korean crisis.

Tue, 07 Nov 2017 05:25:56 GMT

US, Japan, India hold joint navy drills

The USS supercarrier Ronald Reagan participated in three-day drills with one Japanese destroyer and two Indian warships in the Sea of Japan, the Japan's Maritime Self Defence Force reported in a press release.

Tue, 07 Nov 2017 03:55:07 GMT

Siemens Gamesa to cut 6K jobs

Siemens Gamesa, the second largest wind turbines maker, announced that it is set to cut 6K positions worldwide, as the company expects sales to plunge next year.

Tue, 07 Nov 2017 03:54:25 GMT

BRC: British retailers face worst October since 2008

The UK retail spending dropped in October at the fastest pace since 2008, as customers curbed non-food purchases due to higher inflation, the BRC survey showed.

Tue, 07 Nov 2017 03:01:20 GMT

Google, Salesforce establish cloud partnership

Salesforce.com, the cloud-base software producer, said that the company started to cooperate with G Suite, Google's cloud platform, to support rapid increase in global customer base.

Tue, 07 Nov 2017 02:59:07 GMT

Japan unlikely to use FTA to resolve trade imbalance with US

Japan's Finance Minister Taro Aso stated that Japan is unlikely to enter the Free Trade Agreement with the US, as a means to resolve trade imbalance of two countries.

Mon, 06 Nov 2017 20:57:30 GMT

Ross to sell his stake in Russian company

The Commerce Secretary Wilbur Ross reported that he would probably sell his stake in Russia's energy company Sibur.

Mon, 06 Nov 2017 20:56:14 GMT

21st Century Fox holds sale talks with Disney

Sources close to the matter reported on Monday that 21st Century Fox held talks to sell most of the company to Walt Disney.

Mon, 06 Nov 2017 19:56:17 GMT

US investors increase takeover bid to buy CSE

On Monday, US investors agreed to increase their offer to buy the Chicago Stock Exchange in order to prevent a takeover by Chinese investors.

Mon, 06 Nov 2017 19:55:08 GMT

North American commercial building insurance rates to surge in 2018

Willis Towers Watson, a global multinational brokerage company, reported on Monday that North American commercial building insurance rates could increase more than 25% during 2018.

Mon, 06 Nov 2017 18:56:15 GMT

Crisis deepens at Lanvin

Sources familiar with the matter reported on Monday that Lanvin, France's oldest fashion brand, expected its sales to drop 30% in 2017, following the prior year's fall of 23%.

Mon, 06 Nov 2017 18:55:12 GMT

EU financial ministers to finalise tax haven blacklist

Official sources reported that financial ministers of the EU member states would hold a meeting on Tuesday to finalise the EU's tax haven blacklist.

Mon, 06 Nov 2017 18:01:07 GMT

Office of Financial Research to lose its head

The Treasury Department reported on Monday that the OFR Director Richard Berner would resign at the end of the year.

Mon, 06 Nov 2017 16:07:39 GMT

US restarts limited visa services to Turkish citizens

The US embassy in Turkey reported that has started processing visa applications for Turkish citizens on a "limited basis", nearly a month after it stopped issuing visas.

Mon, 06 Nov 2017 16:07:31 GMT

UK business demands Brexit clarity from PM May

The businesses in UK urged Theresa May, the Prime Minister, to provide more clarity on Brexit consequences, while she had not gave any new detail on the topic.

Mon, 06 Nov 2017 15:14:02 GMT

Swiss firm ABB cuts 100 jobs at Geneva plant

On Monday, the Swiss engineering company ABB stated it was cutting out 100 jobs at the Secheron factory in Geneva, shifting its production to Poland.

Mon, 06 Nov 2017 15:08:01 GMT

PSA to phase out Opel models

PSA Group is planning to reduce the number of models at the Opel division amid its integrating process of the car brand after buying it from General Motors.

Mon, 06 Nov 2017 14:12:08 GMT

US Commerce head sees FTA with UK after Brexit

The US Secretary of Commerce Wilbur Ross stated that he had expected a free trade deal between Britain and the United States after the UK left the European Union.

Mon, 06 Nov 2017 14:07:51 GMT

Nissan to unsuspend local car production for Japan

Nissan is planning to resume its domestic production of vehicles for Japan at five plants on Tuesday, after the Japanese transport ministry approve changes to improper final-inspection procedures.

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