News

Note: This section contains information in English only.
Sat, 15 Jul 2017 10:20:33 GMT

Honda to recall more than 1M cars in US due to battery fires

Honda is set to recall more than 1M of Accord cars in the US after receiving reports that the vehicle's battery sensors caused fires in the engine.

Sat, 15 Jul 2017 10:20:26 GMT

GM and Uber try expanding Maven to Australia

General Motors stated that the company was checking its car-sharing programme Maven in Australia throughout a pilot programme with Uber.

Sat, 15 Jul 2017 08:59:45 GMT

More than 100K reach Europe by sea in 2017

The UN International Organisation for Migration reported that more than 100K refugees and migrants entered Europe by sea this year until July 12.

Sat, 15 Jul 2017 08:59:22 GMT

Trump ex-adviser denies presidential campaign ties with Russia

Donald Trump's ex-adviser Michael Caputo stated that he never noticed of anyone in the campaign while having contacts with Russians.

Sat, 15 Jul 2017 07:53:09 GMT

Bank of Italy expects stronger economic growth

The Bank of Italy revised its forecasts for 2017 GDP growth from 0.9% to 1.4% amid more favorable developments in the energy raw materials market as well as in foreign demand.

Sat, 15 Jul 2017 07:52:01 GMT

Beijing invests $31.69B to improve people's well-being

Beijing invested $31.69B in public service, environment and infrastructure in the past five years, which amounted more than 90% of total government investment.

Sat, 15 Jul 2017 07:23:11 GMT

Mercedes-Benz to recall cars in China amid brake problem

Mercedes-Benz started recalling 16K cars, manufactured within the year ended April 2013 and then imported to China, due to a brake booster issue.

Sat, 15 Jul 2017 07:21:09 GMT

Slovenian President wants more cooperation with China in sciences

Slovenian President voiced willingness to strengthen cooperation with China in science and technologies while meeting a delegation of China's scientists.

Sat, 15 Jul 2017 06:10:41 GMT

Australia to join UN Human Rights Council

As reported by the Herald Sun paper on Saturday, Australia is set to join the UN Human Rights Council following the decision of France to withdraw from the process.

Sat, 15 Jul 2017 06:10:10 GMT

Bank of Communications to put $1B in HK subsidiary

In a statement released late on Friday, Bank of Communications said it was ready to invest $1.01B to set up a new Hong Kong unit that will deal with private and retail banking.

Sat, 15 Jul 2017 05:02:43 GMT

Russian FM: Russia is ready to expel US diplomats

Russia is ready to expel US diplomats and seize diplomatic property in a tit-for-tat action unless Washington returns confiscated Russian property, the Russian Foreign Ministry says.

Sat, 15 Jul 2017 05:01:52 GMT

China's fiscal revenue rises sharply

China's fiscal revenue increased by 8.9% to $251B in June, compared to the same period the previous year, according to data from the Finance Ministry.

Sat, 15 Jul 2017 04:30:58 GMT

Ashley Madison parent to pay $11.2M over data breach

The parent company of the Ashley Madison adultery website agreed to pay $11.2M to settle US litigation brought by clients whose personal data leaked to the Internet in July 2015. 

Sat, 15 Jul 2017 04:29:15 GMT

Mexico FM: NAFTA talks increase economic uncertainty

Talks with Canada and the United States to review the North American Free Trade Agreement (NAFTA) create economic uncertainty, the Mexican Finance Minister Jose Antonio Meade says.

Fri, 14 Jul 2017 20:03:11 GMT

Fed may wind down its balance sheet in September, says Kaplan

Dallas Federal Reserve Bank President Robert Kaplan said that the Fed might allow to reduce its $4.5T balance sheet in September, but told to be patient on interest rate hikes.

Fri, 14 Jul 2017 19:54:35 GMT

Sources: Toyota to invest $310M in UK plant

The Japanese car manufacturer Toyota Motor Corporation plans to invest more than $310M in a UK plant after securing post-Brexit trading arrangements with the British government.

Fri, 14 Jul 2017 19:10:03 GMT

CalPERS reports 11.2% increase in annual return

The California Public Employees' Retirement System reported a 11.2% preliminary return on investment for the fiscal year ended June 30, compared to 0.61% last year.

Fri, 14 Jul 2017 19:04:07 GMT

Shares of AstraZeneca fall to two-month low over uncertainty

Shares of the Anglo-Swedish drug maker AstraZeneca fell at a two-month low on Friday in response to uncertainty over a possible merger with Israel's Teva Pharmaceutical Industries.

Fri, 14 Jul 2017 17:54:32 GMT

Floods and landslides kill more than 80 in India

More than 80 people had died in floods and landslides caused by torrential rain in northeast India, officials reported on Friday.

Fri, 14 Jul 2017 17:53:37 GMT

Lebanon will cooperate only with UN to return Syrian refugees

The Lebanese Prime Minister Saad al-Hariri commented on Friday that Lebanon would coordinate returns of Syrian refugees only with the United Nations.

Fri, 14 Jul 2017 17:17:47 GMT

AT&T to run media and wireless business separately

AT&T Inc is to run its wireless and DirectTV businesses independently from Time Warner Inc's media unit after the $85.4B acquisition, Reuters reported on Friday.

Fri, 14 Jul 2017 17:06:57 GMT

Sources: three US firms selected to rescue ailing Italian banks

The US funds Bain Capital, Fortress Investment Group and Blackstone were picked to submit their bids for a €1B bad loan portfolio of four Italian banks, two sources said on Friday.

Fri, 14 Jul 2017 15:52:56 GMT

Honda recalls more than million cars over battery fires

Honda is recalling 1.5M recent Accord models globally to prevent engine fires after discovering a defect with the vehicle's battery system.

Fri, 14 Jul 2017 15:52:47 GMT

US cannot prove Islamic State chief death

The US Secretary of Defense Jim Mattis on Friday said he cannot confirm reports of Islamic State group's chief Abu Bakr al-Baghdadi's death.

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