News

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Sat, 21 Sep 2019 13:47:27 GMT

Facebook halts thousands of apps amid Cambridge Analytica row

Facebook suspended thousands of applications on its social networking platform on the back of Facebook's ongoing app developer probe it launched last year in response to the row that involved Cambridge Analytica.

Sat, 21 Sep 2019 13:36:16 GMT

Google to invest $3.3B in Europe

The Chief Executive Officer of Google Sundar Pichai announced on Friday that the company would invest $3.3B in the expansion of its data centres in Europe.

Sat, 21 Sep 2019 12:50:16 GMT

Lebanese PM discusses economy support with Saudi minister

On Saturday, Saad al-Hariri, the Lebanese Prime Minister, held a talk with the Saudi Finance Minister over support for the Lebanon economy, as well as preparations for the bilateral council first meeting, a media office reported.

Sat, 21 Sep 2019 11:54:22 GMT

Labour's Watson survives attempt to oust him amid Brexit

On Saturday, Labour Party's Deputy Leader Tom Watson has survived a bid to oust him due to Brexit after Jeremy Corbyn, the party chief, moved to defuse a conflict, which threatened to overshadow the party's attempt to show readiness for power.

Sat, 21 Sep 2019 11:38:09 GMT

Saudi Aramco picks Deutsche, UBS as bookrunners for IPO

Saudi Aramco, the state oil company, has selected Deutsche and UBS Group as book runners for the planned initial public offering, marking the deal is moving towards despite an attack on its oil facilities.

Sat, 21 Sep 2019 10:30:04 GMT

Iran ready for self-defence

The head of Iranian Revolutionary Guards stated on Saturday that Iran was ready to defend itself from any aggressor and promised response on any type of attack.

Sat, 21 Sep 2019 09:03:58 GMT

US impose more sanctions on Iran

On Friday, the United States has imposed another set of sanctions on Iran, this time targeting the country's development fund and central bank.

Sat, 21 Sep 2019 08:07:27 GMT

Saudi Aramco CEO addresses employees

The Chief Executive Officer of Saudi Aramco Amin Nasser on Saturday addressed employees saying that after recent attacks on its facilities the company became "stronger than ever".

Sat, 21 Sep 2019 07:08:21 GMT

US approves certain Apple tariff exemptions

According to a document released by the US Trade Representative, 10 out of 15 queries made by Apple regarding tariff exemptions were approved by responsible regulators.

Sat, 21 Sep 2019 05:50:36 GMT

Ryanair pilots cancel strikes

Ryanair announced on Friday that its UK pilots have called off a five-day of strikes planned for September 21-29, as the airline called on the pilots to resume talks in Dublin or the Midlands next week.

Sat, 21 Sep 2019 05:15:41 GMT

India's Petronet set to sign deal with US LNG

According to sources familiar with the discussions, India's Petronet LNG is expected to sign $2.5b deal with the US LNG developer Tellurian Inc.

Sat, 21 Sep 2019 04:01:12 GMT

Trump sanctions Iran's Central Bank

The US President Donald Trump has ordered sanctions on the Central Bank of Iran, following last week's attacks on oil plants in Saudi Arabia.

Sat, 21 Sep 2019 03:03:49 GMT

Japan's Mitsubishi says Singapore-based oil trader lost $320M

Japan's Mitsubishi Corp said on Friday that a Singapore-based oil trader lost about $320 million in unauthorised trades in crude oil derivatives.

Sat, 21 Sep 2019 01:58:36 GMT

Saudi Arabia shows attack oil facilities damage to media

On Friday, Saudi Arabia took the international media to inspect oil plants hit by attacks that Washington and Riyadh blame on Tehran.

Fri, 20 Sep 2019 19:50:38 GMT

Fitbit in talks over potential sale

Fitbit Inc, the wearable device maker, was in discussions with the investment bank Qatalyst Partners over a potential sale due to challenges in successfully switching to smart watches from fitness trackers, according to Reuters.

Fri, 20 Sep 2019 18:51:02 GMT

Ryanair pilots cancel strikes

Ryanair announced on Friday that its UK pilots have called off a five-day of strikes fixed for September 21-29, as the airline called on the pilots to resume talks in Dublin or the Midlands next week.

Fri, 20 Sep 2019 17:50:53 GMT

India's Petronet set to sign deal with US LNG

According to sources familiar with the matter, India's Petronet LNG is expected to sign $2.5b deal with the US LNG developer Tellurian Inc.

Fri, 20 Sep 2019 16:54:21 GMT

Rosengren says monetary stimulus is not needed for US economy

Eric Rosengren, Boston's Federal Reverse Bank President, said in a statement on Friday that lowering interest rates to address uncertainty in the US economy was not needed.

Fri, 20 Sep 2019 16:03:42 GMT

Germany's governing parties agree on new climate protection package

According to a source with knowledge of the discussions, the German coalition government has reached a deal on a new climate package.

Fri, 20 Sep 2019 15:07:42 GMT

Thousands of student protesters demand global climate action

On Friday, thousands of student demonstrators took to the street around the world to demand global leaders to take action to prevent an environmental calamity.

Fri, 20 Sep 2019 14:03:09 GMT

Uber waits for decision renewal on London licenсe

Uber still awaits the renewal of a decision on its vital London licence, as it is set to expire next Wednesday, following the Transport for London rejection to the Silicon Valley company's licence renewal request filed in 2017.

Fri, 20 Sep 2019 13:15:08 GMT

Commerzbank explores Polish unit mBank's sale

Germany's Commerzbank is exploring a potential sale of its Polish division mBank on the back of the lender's new strategy with a decision to come after a meeting planned for the next week, according to Handelsblatt.

Fri, 20 Sep 2019 11:51:18 GMT

Queues for new Apple's iPhone 11 cut in China

On Friday, the latest 11 range of Apple's iPhone hit the Chinese stores with a significant reduction in queues for the legend flagman, amid rising demand for cheaper and feature-packed handsets.

Fri, 20 Sep 2019 11:05:42 GMT

EV start-up Rivian gets boost from Amazon.com order

Rivian Automotive LLC, the electric vehicle start-up, got a big jolt from its investor Amazon.com's order of 100K electric delivery vans with the deliveries starting in 2021, the company reported.

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