News

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Fri, 11 May 2018 10:18:33 GMT

RBS chief executive stays to supervise revert to private ownership

Royal Bank of Scotland boss Ross McEwan claimed that he has a strategy until 2020 and would like to watch the bank's return to private ownership, dismissing speculation shortly.

Fri, 11 May 2018 09:36:34 GMT

Silver Lake buys Zoopla, ZPG for $3B

British firms, Zoopla and the PrimeLocation owner ZPG, have been bought by Silver Lake in a deal valued at $3B, delivering a windfall for the company's largest shareholder Daily Mail.

Fri, 11 May 2018 08:33:53 GMT

SpaceX delays its first cocmmercial flight of Falcon 9 rocket

SpaceX was forced to postpone its first commercial launch of the updated Falcon 9 rocket for 24 hours or more on Thursday due to a technical glitch, the company reported.

Fri, 11 May 2018 08:31:46 GMT

US NHTSA searches Tesla's fatal crash in Florida

On Thursday, the US safety agency NHTSA has launched an investigation into the fatal crash of a Tesla vehicle in Florida earlier this week, which claimed lives of two teenagers.

Fri, 11 May 2018 07:01:43 GMT

Symantec may delay annual report amid investigation

On Thursday, Symantec stated it was unlikely to file its annual report on time due to the on-going investigation on concerns raised by an ex-employee, adding the inquiry might change the results.

Fri, 11 May 2018 06:56:38 GMT

China's Huya prices IPO on NYSE at $12 per share

The Chinese gaming firm Huya has priced its initial public offering in New York at $12 per share, which is the upper-end of is indicated price range, sources familiar with the matter reported on Thursday.

Fri, 11 May 2018 06:33:14 GMT

Dropbox beats expectations in first report after IPO

Dropbox, the file storage and sharing firm, posted its first financial results after the initial public offering, beating analysts' expectations for its Q1 and the number of paying subscribers, which surged 23.7% to 11.5M.

Fri, 11 May 2018 06:28:11 GMT

Cisco cuts online ads from YouTube amid sensitive content fear

Cisco Systems, the network gear maker, said it was pulling all its online ads from the video platform YouTube amid fears of the ads appearance on its sensitive content.

Thu, 10 May 2018 20:30:29 GMT

France's Macron wants EU reforms, increased spending

The French President Emmanuel Macron on Thursday called for reforms in Europe and deeper economic cooperation between France and Germany.

Thu, 10 May 2018 20:29:34 GMT

Rouhani, Erdogan discuss Iran nuclear deal

The Iranian President Hassan Rouhani and his Turkish counterpart Recep Tayyip Erdogan on Thursday discussed the US decision to quit the Iran nuclear deal.

Thu, 10 May 2018 19:04:10 GMT

Uzbek president to visit White House

The Uzbek President Shavkat Mirziyoyev will meet the US President Donald Trump on May 16, the White House announces.

Thu, 10 May 2018 19:03:27 GMT

Russian FM: Iran nuclear deal must be saved

The Iran nuclear deal must be saved despite the US decision to withdraw from it, the Russian Foreign Minister Sergei Lavrov says.

Thu, 10 May 2018 18:01:04 GMT

Telecom giant BT plans to cut 13,000 jobs

British Telecom on Thursday announced its decision to cut a total of 13,000 back office and management jobs over the period of three years.

Thu, 10 May 2018 17:59:46 GMT

Bank of England waits soft data before next rate rise

The Bank of England on Thursday decided to keep interest rates on hold as it wants to be sure that the economy is recovering before increasing borrowing costs.

Thu, 10 May 2018 17:35:29 GMT

Singapore confirms Trump-Kim summit

The meeting between the US President Donald Trump and the DPRK leader Kim Jong Un will be held in Singapore, Singapore's Ministry of Foreign Affairs confirms.

Thu, 10 May 2018 17:34:54 GMT

Malaysian Mahathir wins general election

The former Malaysian prime minister Mahathir Mohamad, 92, achieved a victory in the general election as his coalition Pakatan Harapan secured majority of seats in the parliament.

Thu, 10 May 2018 16:27:36 GMT

Bank of England governor: rates to rise in nearest years

On Thursday, the governor of the Bank of England Mark Carney claimed that most likely the interest rates in the UK will rise over the course of the nearest few years.

Thu, 10 May 2018 16:22:33 GMT

Apple and Goldman Sachs to launch credit card

On Thursday, The Wall Street Journal claimed that Apple Inc and Goldman Sachs are planning to launch joint credit card, carrying Apple Pay brand, at the beginning of the next year.

Thu, 10 May 2018 15:21:55 GMT

Russian and German foreign ministers urge to preserve Iran deal

On Thursday, the Foreign Minister of Germany Heiko Maas and Russian Foreign Minister Sergei Lavrov claimed that both sides are working to preserve Iran nuclear deal.

Thu, 10 May 2018 15:07:48 GMT

Trump announces meeting with Kim Jong Un in Singapore

On Thursday, the US President Donald Trump announced on Twitter that he will have a meeting with North Korean leader Kim Jong Un in Singapore on June 12.

Thu, 10 May 2018 13:54:39 GMT

Shell to sell stake in Amberjack Pipeline in $1.22B deal

Royal Dutch Shell has clinched a deal with its MLP Shell Midstream Partners to sell a stake in Amberjack Pipeline for $1.22B, the US pipeline operator announced on Thursday.

Thu, 10 May 2018 13:54:24 GMT

Malaysia's King invites Mahathir to form new government

Sultan Muhammad V, the Malaysian King, has invited Mahathir Mohamad to establish the new Federal Government, adding he would swear in Mahathir as the Prime Minister at 1330GMT on Thursday.

Thu, 10 May 2018 13:30:45 GMT

Victor Orban stays as Hungarian Prime Minister

On Thursday, Viktor Orban has been reelected as the Prime Minister for his third term at this position by the new Hungarian Parliament, following his Fidesz party's victory, which gave it a 2-3 majority in the legislature.

Thu, 10 May 2018 13:24:53 GMT

US initial jobless claims stay on hold last week

The number of applications for US unemployment benefits remained unchanged at 211K in the week ending May 5, while analysts anticipated a surge to 219K.

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