News

Note: This section contains information in English only.
Tue, 08 Aug 2017 14:33:54 GMT

Putin arrives to Georgia's breakaway region of Abkhazia

According to the Kremlin, the President of Russia Vladimir Putin visited the Georgia's breakaway region of Abkhazia on Tuesday.

Tue, 08 Aug 2017 14:24:23 GMT

Michael Kors posts better-than-expected Q1 revenue and profit

On Tuesday, the US fashion accessories manufacturer Michael Kors reported a better-than-expected revenue and profit in its Q1, while the company's shares soared 12.4%.

Tue, 08 Aug 2017 13:30:50 GMT

Ralph Lauren posts 13.2% drop in sales

The US luxury brand Ralph Lauren reported a 13.2% fall in its quarterly sales as the company's decision to sell the majority of items at full price cooled demand in North America.

Tue, 08 Aug 2017 13:08:09 GMT

Four Taliban militants dead in Lahore after bomb blast

Four Taliban militants were reported to be killed by the security forces of Pakistan in the Lahore city after a vehicle bomb blast claimed life of at least one person and injured 22 on Thursday.

Tue, 08 Aug 2017 12:34:07 GMT

Tillerson urges Thailand to pressure on North Korea

The US State Secretary Rex Tillerson urged the Thai leaders to put more pressure on North Korea during his visit to Thailand on Tuesday.

Tue, 08 Aug 2017 10:56:13 GMT

Swiss jobless rate remains on hold at 3.2%

According to the SECO, the unemployment rate in Switzerland remained unchanged at 3.2% in July, fully meeting analysts' expectations.

Tue, 08 Aug 2017 10:52:06 GMT

South Africa ANC to support Zuma in no-confidence vote

On Tuesday, the African National Congress' lawmakers came to an agreement to back South Africa's President Jacob Zuma in a no-confidence vote in the Parliament later that day.

Tue, 08 Aug 2017 10:22:20 GMT

UN blames Venezuela for excessive force

Ravina Shamdasani, the OHCHR spokeswoman, said that Venezuelan authorities have applied excessive force and arbitrary detentions to suppress protests on the streets since April.

Tue, 08 Aug 2017 10:21:55 GMT

Turkey allows German parliamentarians to visit Incirlik

According to a letter from the German foreign minister, Turkey has finally allowed German parliamentarians to visit soldiers of the Bundeswehr at the Incirlik air base as part of a NATO trip.

Tue, 08 Aug 2017 09:34:15 GMT

Vietnam, China meeting cancelled amid South China Sea tensions

According to the China's embassy official, a planned meeting between Chinese and Vietnamese Foreign Ministers was cancelled amid rising tensions over the South China Sea between the two countries.

Tue, 08 Aug 2017 09:08:27 GMT

Wordplay, Vantiv postpone acquisition deal deadline

On Tuesday, the UK payments company Wordplay announced it had got the second deadline extension for their acquisition deal with Vantiv as two companies needed more time to come to a final agreement.

Tue, 08 Aug 2017 08:30:37 GMT

Australia to resolve same-sex marriage issue this year

Australia's PM Malcolm Turnbull stated on Tuesday that the country was set to vote on whether to approve same-sex marriage in November 2017 as it sought to resolve the long-stalled debate.

Tue, 08 Aug 2017 08:08:16 GMT

Didi Chuxing signs partnership deal with ride-hailing firm Careem

China's ride-sharing company Didi Chuxing made an investment in the Middle East's ride-hailing firm Careem, following their partnership agreement formed to boost Careem's services and position in the market.

Tue, 08 Aug 2017 06:57:42 GMT

Mazda hints at new engine

Mazda Motor Corp has announced that the company will launch a new type of gasoline engine in 2019. This unveils that traditional engines are at the centre of the company's strategy.

Tue, 08 Aug 2017 06:31:47 GMT

CEO of Commonwealth Bank loses bonus

The Australian based Commonwealth Bank on Tuesday cut the bonus of the CEO. The reason for the move were the recent allegations that the bank broke various financial laws.

Tue, 08 Aug 2017 06:16:50 GMT

Google fires anti-diversity employee

In an aftermath of the issue in Silicon Valley, after a Google engineer published a memo on biological causes for inequality in tech industry, the engineer has been fired.

Tue, 08 Aug 2017 06:15:28 GMT

Tesla looks into issuing junk bonds

Tesla representatives have announced that the company is looking into raising around $1.5 billion bu issuing junk bonds.

Tue, 08 Aug 2017 05:05:12 GMT

McDonald's plans to enhance its presence in China

The international fast-food chain McDonald's revealed its plans to open 2,000 new restaurants in China by 2022.

Tue, 08 Aug 2017 05:04:55 GMT

Tillerson arrives in Thailand

The US Secretary of State Rex Tillerson has arrived in the Kingdom of Thailand for an official visit. This is the first highest level visit since the military uprising in 2014.

Tue, 08 Aug 2017 04:22:58 GMT

Oil falls to $52.14

On Tuesday, crude oil prices fell by 0.4% or 23 cents amid a resumption of production at Libya's largest oil field.

Tue, 08 Aug 2017 04:16:42 GMT

Storm Franklin approaches Yucatan peninsula

According to the US National Hurricane Centre, the tropical storm Franklin is expected to hit the eastern side of the Mexico's Yucatan Peninsula. 

Tue, 08 Aug 2017 02:59:12 GMT

Australian business conditions, confidence jump in July

A measure of Australia's business conditions rose to the highest level since early 2008, amid strong profits and sales, while business confidence hit the pre-crisis levels in July.

Tue, 08 Aug 2017 02:59:02 GMT

Saudi Prince to invest more than $800M in Egypt

Alwaleed bin Talal, the Saudi Prince, is expected to invest over $800M in Egypt within his plan to develop the hotel, aviation and media sectors.

Tue, 08 Aug 2017 02:05:31 GMT

US Fed official supports keeping current rates in near term

The St. Louis Fed President James Bullard stated it's appropriate for the bank to keep current interest rates unchanged in the near future due to low inflation growth.

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