News

Sat, 03 Mar 2018 13:03:53 GMT

Porsche could try to build flying taxis

The Sales Chief of German car maker Porsche Detlev von Platen said on Saturday that company could start development of flying taxis in order to successfully compete with Asian and American companies in future urban car market.

Sat, 03 Mar 2018 12:02:32 GMT

EU plans to create common corporation tax system

The German Chancellor Angela Merkel said on Saturday that her country together with France plan to create a single corporation tax system in reply to the US President Donald Trump's announced tax cuts.

Sat, 03 Mar 2018 12:01:59 GMT

Gazprom to end gas contracts with Ukraine

The Deputy CEO of Russia's state-owned gas company Gazprom Alexander Medvedev stated on Saturday that the company has begun a process of termination of gas contracts with Ukrainian Naftogaz in Stockholm's arbitration tribunal.

Sat, 03 Mar 2018 11:01:11 GMT

Malaysia plans to end MH370 search in mid-June

The US Ocean Infinity hired by Malaysian government said on Saturday it plans to finish its own search of remains of missing flight MH370 that carried 239 people on board by mid-June.

Sat, 03 Mar 2018 11:01:03 GMT

UK and Ireland's airports reopen

Most of the British and Irish airports reopened on Saturday morning after the strongest snowstorms in more than 20 years caused two days of notable transport disruptions.

Sat, 03 Mar 2018 10:22:59 GMT

China promises friendship with Taiwan

China plans to deepen friendship relations with Taiwan despite current tensions, the Chairman of the Chinese People's Political Consultative Conference Yu Zhengsheng says.

Sat, 03 Mar 2018 10:22:06 GMT

Sudan plans to return ambassador to Cairo

Sudan plans to send its ambassador back to Egypt, the Foreign Minister Ibrahim Ghandour says, after withdrawing him for two months amid increased tensions.

Sat, 03 Mar 2018 09:30:54 GMT

China CPI to be around 2.5% in February

China's consumer price index growth is expected to increase to 2.5% in February, a report from China International Capital Corporation shows.

Sat, 03 Mar 2018 09:29:13 GMT

China develops heavy rocket engines to send missions to Moon, Mars

Chinese scientists are developing key parts of nation's most powerful carrier rocket which is big enough to send missions to the Moon and Mars, sources say.

Sat, 03 Mar 2018 08:39:58 GMT

Trudeau: steel tariffs are "absolutely unacceptable"

The US President Donald Trump decision to introduce tariffs on steel and aluminium imports is "absolutely unacceptable", the Canadian Prime Minister Justin Trudeau says.

Sat, 03 Mar 2018 08:39:09 GMT

Cambodia PM: US is dishonest

The US government is being dishonest in its announced suspension of aid to Cambodia as there is no aid since 2016, Cambodia's Prime Minister Hun Sen says.

Sat, 03 Mar 2018 07:29:06 GMT

Afghan forces kill 3 terrorists

At least three terrorists were killed and several wounded during military operations in the northern province of Kunduz, Afghanistan.

Sat, 03 Mar 2018 07:28:18 GMT

Pakistan holds Senate elections

Pakistan holds elections to elect 52 members of the Senate for the next six years amid rigorous measures to ensure election transparency.

Sat, 03 Mar 2018 06:34:49 GMT

Security Council condemns attacks in Burkina Faso

The UN Security Council strongly condemned attacks against the French Embassy in Ouagadougou, a capital of Burkina Faso.

Sat, 03 Mar 2018 06:34:05 GMT

Vietnam-Myanmar trade hits $500M

Bilateral trade between Vietnam and Myanmar reached $538M for the previous nine months, the Global New Light of Myanmar reports.

Sat, 03 Mar 2018 05:38:07 GMT

US to outline Africa policy

The US Secretary of State Rex Tillerson plans to outline relationship with Africa prior to his visit to the region, the State Department says. 

Sat, 03 Mar 2018 05:36:51 GMT

Former Rio governor gets jail term

The former Governor of Rio de Janeiro state Sergio Cabral has been jailed for 13 years for money laundering.

Sat, 03 Mar 2018 03:30:46 GMT

US underlines trade challenges with China

Senior US officials emphasised concerns on the country's trade deficit with China, unfair treatment of the US firms and market access in talks with China's top economic adviser.

Sat, 03 Mar 2018 03:29:41 GMT

ArcelorMittal remains by $1B Mexico investment

The world's biggest steelmaker ArcelorMittal stated that it stood by plans to invest $1B to build a new manufacturing line in Mexico, despite trade uncertainties.

Fri, 02 Mar 2018 21:17:39 GMT

Wisconsin Governor calls on Trump to reconsider import tariffs

The Wisconsin Republican Governor Scott Walker called on the US President Donald Trump to reconsider his tariffs on imported steel and aluminium.

Fri, 02 Mar 2018 21:16:38 GMT

EU considers imposing tariffs on US imports to ‘rebalance' trade

Sources close to the matter reported that the EU was considering imposing tariffs on $3.5B worth of US goods to "rebalance" trade with the United States.

Fri, 02 Mar 2018 21:15:38 GMT

Wisconsin Governor calls on Trump to reconsider import tariffs

The Wisconsin Republican Governor Scott Walker called on the US President Donald Trump to reconsider his tariffs on imported steel and aluminium.

Fri, 02 Mar 2018 20:04:29 GMT

Mark Carney says cryptocurrency technology has potential

The BoE Governor Mark Carney stated on Friday that cryptocurrencies failed as a form of money but the underlying technology might improve the financial system.

Fri, 02 Mar 2018 20:02:36 GMT

ECB stops supervision of VTB Bank's Austrian branch

The ECB reported on Friday that it stopped supervising the Austrian branch of VTB Bank, a state-controlled Russian bank.

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