News

Sat, 17 Jun 2017 11:58:21 GMT

McDonald's halts long-standing Olympics sponsorship

McDonald's announced its decision to withdraw partnership agreement with the International Olympic Committee, as the company re-evaluated itself and focused on other priorities.

Sat, 17 Jun 2017 10:55:26 GMT

Trade between South China's Guangzhou and UK rises significantly

Trade between South China's city of Guangzhou and the UK soared by more than 40% in the first three months of the year, totalling a value of over $700M.

Sat, 17 Jun 2017 10:53:59 GMT

Fiat Chrysler sales outpace European markets

Fiat Chrysler sales in Europe showed an annualized 11.9% growth pace last month, compared with an industry average increase of 7.7%.

Sat, 17 Jun 2017 09:54:33 GMT

EU to provide 110M euros for Macedonian infrastructure projects

The EU decided to allocate more than 110M euros for infrastructure projects in Macedonia, unblocking the funds as the country's political climate improved.

Sat, 17 Jun 2017 09:53:23 GMT

Azerbaijan pledges to strengthen partnership with EU

Azerbaijan is set to make efforts to further enhance relations with the European Union, the Azerbaijani President revealed during the meeting with EU officials.

Sat, 17 Jun 2017 09:23:50 GMT

Russia offers China cooperation to develop long-haul jets

Russia's largest state-owned defence industry holding, Rostec, proposed working with China on developing long-haul aircrafts.

Sat, 17 Jun 2017 09:03:33 GMT

Palestinian militant groups deny IS claim of Jerusalem attack

On Saturday, Palestinian militant groups denied the Islamic State's claim that it was behind a deadly attack carried out it in Jerusalem, saying that the attackers were their people.

Sat, 17 Jun 2017 08:32:41 GMT

Chinese security regulator slaps fines worth $1B this year

The China Securities Regulatory Commission slapped fines totalling almost $1B by the end of May, $100M higher than in 2016, according to Xinhua.

Sat, 17 Jun 2017 08:14:30 GMT

Trump companies owe lenders at least $315M

Documents released by the US Office of Government Ethics revealed that the US President Donald Trump's businesses owed at least $315M to US, German and other lenders.

Sat, 17 Jun 2017 07:03:35 GMT

China eases foreign investment restrictions in FTZs

China eased restrictions for foreign investment in its free trade zones, cutting 27 restrictions across mining, manufacturing and banking sectors.

Sat, 17 Jun 2017 07:02:20 GMT

Russian airstrikes may have killed ISIS leader

Russian airstrikes in Syria last month may have killed ISIS leader Abu Bakr al-Baghdadi, the Russian Defence Ministry says.

Sat, 17 Jun 2017 06:34:18 GMT

Cuba denounces US policy rollback, open to dialogue

Cuba's government denounced the US decision to reimpose certain restrictions on the island nation, but reiterated the willingness to "continue dialogue" with Washington.

Sat, 17 Jun 2017 06:33:37 GMT

China, US to discuss security in Washington

The Chinese State Councilor Yang Jiechi and the US Secretary of State Rex Tillerson will discuss security the next Wednesday in Washington DC, the Foreign Ministry of China says.

Sat, 17 Jun 2017 03:56:51 GMT

Higher home prices squeeze renters in US

A reduced available homes supply caused a swelling of prices in large US metro areas, forcing more people to pay higher rents and stay tenants.

Sat, 17 Jun 2017 03:55:32 GMT

Whole Foods to face retail experiments by Amazon

Whole Foods is likely to be the stage for Amazon's retail experiments such us attracting customers by lower prices and reducing costs.

Sat, 17 Jun 2017 02:58:56 GMT

Trump admits for first time he's under probe

Donald Trump admitted for the first time he is under the federal probe as a part of expanding investigation into election meddling by Russia.

Sat, 17 Jun 2017 02:57:27 GMT

Taxify aims to lure Uber drivers

Taxify is looking for a win over Uber, the industry leader, as it offers a larger part of profits for drivers and allows them to take fare in cash.

Sat, 17 Jun 2017 02:08:16 GMT

Colombia reaches agreement to stop 37-day teachers' strike

Colombia reached an agreement with teachers of public schools to stop a 37-day strike happened after the government failed its promise to enhance public education.

Sat, 17 Jun 2017 02:06:35 GMT

Washington lawyer John Dowd added to Trump's legal team

John Dowd, the Washington lawyer, was added to the team representing Donald Trump in the probe of possible collusion by the president's campaign and Russia.

Fri, 16 Jun 2017 19:56:14 GMT

Kremlin takes negative view of new US sanctions

The Kremlin revealed its negative view of the freshly proposed US sanctions against Russia and expected them to harm other countries, which should adhere to these sanctions.

Fri, 16 Jun 2017 19:55:34 GMT

Fed's Kaplan urges for more global integration

Dallas Fed President Robert Kaplan urged again for trade with Mexico, immigration reform and more global integration as methods to boost US economic growth.

Fri, 16 Jun 2017 19:17:28 GMT

Rolls-Royce sees market demand for new mid-priced jet

Rolls Royce executive said that company believes there is demand for a new mid-market jet such as the one currently explored by Boeing and sees opportunity to work together on it.

Fri, 16 Jun 2017 19:15:43 GMT

GM to open production facility in Arlington

US automaker General Motors is expected to open production facility at its assembly plant in Arlington, creating more than 850 new jobs.

Fri, 16 Jun 2017 18:04:22 GMT

US consumer sentiment drops to 94.5 in June

Preliminary data from the University of Michigan showed that the US consumer sentiment declined unexpectedly to 94.5 in June, reducing optimism over the US economic outlook.

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