News

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Sat, 17 Jun 2017 08:14:30 GMT

Trump companies owe lenders at least $315M

Documents released by the US Office of Government Ethics revealed that the US President Donald Trump's businesses owed at least $315M to US, German and other lenders.

Sat, 17 Jun 2017 07:03:35 GMT

China eases foreign investment restrictions in FTZs

China eased restrictions for foreign investment in its free trade zones, cutting 27 restrictions across mining, manufacturing and banking sectors.

Sat, 17 Jun 2017 07:02:20 GMT

Russian airstrikes may have killed ISIS leader

Russian airstrikes in Syria last month may have killed ISIS leader Abu Bakr al-Baghdadi, the Russian Defence Ministry says.

Sat, 17 Jun 2017 06:34:18 GMT

Cuba denounces US policy rollback, open to dialogue

Cuba's government denounced the US decision to reimpose certain restrictions on the island nation, but reiterated the willingness to "continue dialogue" with Washington.

Sat, 17 Jun 2017 06:33:37 GMT

China, US to discuss security in Washington

The Chinese State Councilor Yang Jiechi and the US Secretary of State Rex Tillerson will discuss security the next Wednesday in Washington DC, the Foreign Ministry of China says.

Sat, 17 Jun 2017 03:56:51 GMT

Higher home prices squeeze renters in US

A reduced available homes supply caused a swelling of prices in large US metro areas, forcing more people to pay higher rents and stay tenants.

Sat, 17 Jun 2017 03:55:32 GMT

Whole Foods to face retail experiments by Amazon

Whole Foods is likely to be the stage for Amazon's retail experiments such us attracting customers by lower prices and reducing costs.

Sat, 17 Jun 2017 02:58:56 GMT

Trump admits for first time he's under probe

Donald Trump admitted for the first time he is under the federal probe as a part of expanding investigation into election meddling by Russia.

Sat, 17 Jun 2017 02:57:27 GMT

Taxify aims to lure Uber drivers

Taxify is looking for a win over Uber, the industry leader, as it offers a larger part of profits for drivers and allows them to take fare in cash.

Sat, 17 Jun 2017 02:08:16 GMT

Colombia reaches agreement to stop 37-day teachers' strike

Colombia reached an agreement with teachers of public schools to stop a 37-day strike happened after the government failed its promise to enhance public education.

Sat, 17 Jun 2017 02:06:35 GMT

Washington lawyer John Dowd added to Trump's legal team

John Dowd, the Washington lawyer, was added to the team representing Donald Trump in the probe of possible collusion by the president's campaign and Russia.

Fri, 16 Jun 2017 19:56:14 GMT

Kremlin takes negative view of new US sanctions

The Kremlin revealed its negative view of the freshly proposed US sanctions against Russia and expected them to harm other countries, which should adhere to these sanctions.

Fri, 16 Jun 2017 19:55:34 GMT

Fed's Kaplan urges for more global integration

Dallas Fed President Robert Kaplan urged again for trade with Mexico, immigration reform and more global integration as methods to boost US economic growth.

Fri, 16 Jun 2017 19:17:28 GMT

Rolls-Royce sees market demand for new mid-priced jet

Rolls Royce executive said that company believes there is demand for a new mid-market jet such as the one currently explored by Boeing and sees opportunity to work together on it.

Fri, 16 Jun 2017 19:15:43 GMT

GM to open production facility in Arlington

US automaker General Motors is expected to open production facility at its assembly plant in Arlington, creating more than 850 new jobs.

Fri, 16 Jun 2017 18:04:22 GMT

US consumer sentiment drops to 94.5 in June

Preliminary data from the University of Michigan showed that the US consumer sentiment declined unexpectedly to 94.5 in June, reducing optimism over the US economic outlook.

Fri, 16 Jun 2017 18:03:32 GMT

US new-home construction falls to eight-month low in May

The Commerce Department report showed that US housing starts dropped 5.5% to an annualised rate of 1.09M units in May, the weakest figure since September 2016.

Fri, 16 Jun 2017 17:15:30 GMT

Saudi Arabia prepares a list of complaints against Qatar

Adel al-Jubeir, the Saudi Minister of Foreign Affairs, said that he and his colleagues from the UAE, Bahrain and Egypt are working on a list of "grievances" that will be send to Qatar and that it should address. 

Fri, 16 Jun 2017 17:01:47 GMT

Germany threatens US over new Russian sanctions

Brigitte Zypries, the German Economy Minister, said that Germany will retaliate if the US Congress adopts new sanctions against Russia, which envisage various forms of punishment for companies participating in joint energy projects with Russia. 

Fri, 16 Jun 2017 16:02:28 GMT

Hammond hopes for "pragmatic" Brexit

The British Chancellor of the Exchequer Philip Hammond said on Friday that the UK should behave pragmatically during the Brexit negotiations and actively cooperate with the European Union to find a mutually acceptable solution.

Fri, 16 Jun 2017 15:44:28 GMT

Helmut Kohl dies at 87

Helmut Kohl, the former Chancellor of Germany from 1982 to 1998, died at the age of 87, the Bild announced on Friday. 

Fri, 16 Jun 2017 15:15:18 GMT

Queen Elizabeth meets with volunteers and rescuers

On Friday, Queen Elizabeth and Prince William visited the Westway Sports Center to meet with rescuers and volunteers that help the London tower block fire's victims. 

Fri, 16 Jun 2017 15:14:31 GMT

Apple hires top two TV executives

On Friday, the Apple Inc. announced that it has hired Jamie Erlicht and Zack Van Amburg, the presidents of Sony Pictures Television, to help the company to conquer the TV show market and, thus, create a competition to the Netflix and Time Warner Inc.

Fri, 16 Jun 2017 14:32:35 GMT

Amazon to close $13.7B acquisition deal with Whole Foods

On Friday, Amazon announced about it plans to buy the US organic supermarket chain Whole Foods for the price of $13.7B, as the online retailer seeks to conquer new territory in the supermarket aisle.

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