News

Sun, 16 Sep 2018 09:12:12 GMT

Germany considers military base in Middle East

The Defence Minister of Germany Ursula von der Leyen stated on Saturday, that creation of a strategic military base in the Middle East "cannot be ruled out".

Sun, 16 Sep 2018 09:05:13 GMT

Australia to examine aged-care sector

The Prime Minister of Australia Scott Morrison stated on Sunday that authorities will launch a public investigation about reports of various abuses in aged-care sector.

Sun, 16 Sep 2018 08:14:57 GMT

Turkey raises rates for credit cards

The Central Bank of Turkey announced on Sunday it was increasing the interest rates that credit card creditors can charge to 2.25% for operations with national currency and 1.80% for foreign currency exchange.

Sun, 16 Sep 2018 08:03:19 GMT

China calls Taiwan to stop destructive actions

According to the Xinhua news agency, China urged Taiwan to recall its spies that were trying to steal intelligence information with the aim of "sabotage".

Sun, 16 Sep 2018 07:01:30 GMT

China's Geely to take control of Danish Saxo Bank

Chinese carmaker Zhejiang Geely Holding Group will increase its stake in Danish Saxo Bank to more than 50% to develop the payment system for company's car-sharing project using Saxo Bank's specialists.

Sun, 16 Sep 2018 06:51:22 GMT

Mitsubishi Aircraft to increase capital by $1.8B

According to Nikkei Asian Review, Mitsubishi Aircraft is planning to increase its capital by $1.8B to eliminate the negative net worth and to fund the future plane project.

Sun, 16 Sep 2018 06:34:26 GMT

China and Algeria to open joint $6B phosphate plant

The Algerian Minister for Industry and Mines Youcef Yousfi claimed that China and Algeria will work together to build a $6B phosphate plant on the north-east of Algeria.

Sun, 16 Sep 2018 06:28:15 GMT

South Korea's President to visit North Korea to discuss nuclear deal

The President of South Korea Moon Jae-in is planning to visit North Korea to participate in the third summit with North Korean leader Kim Jong Un to move forward negotiations on denuclearisation of North Korea.

Sun, 16 Sep 2018 03:54:09 GMT

Turkey to press ahead with plan for Istanbul canal

The Environmental Minister of Turkey Murat Kurum claimed that Turkey would press ahead with a plan regarding a shipping canal in Istanbul despite the freeze of the government on new investment projects.

Sun, 16 Sep 2018 03:53:58 GMT

Newly-appointed finance minister of Sudan rejects post

On Saturday, Sudan's state news agency SUNA reported that a newly-appointed Minister of Finance of Sudan Abdullah Hamduk has declined the appointment.

Sun, 16 Sep 2018 02:57:42 GMT

Credit Suisse CEO aims for annual profit of $5-6B

The Chief Executive of Credit Suisse Tidjane Thiam claimed that the bank is targeting the annual profit of $5-6B in the next two years as the bank has eliminated the main problems from the past.

Sun, 16 Sep 2018 02:51:06 GMT

Mayor of London calls for second Brexit referendum

On Sunday, the British newspaper Observer reported that the Mayor of London Sadiq Khan has called to organise a second referendum on membership of the UK in the EU.

Sun, 16 Sep 2018 02:31:48 GMT

BMW seeks to form alliance for AV makers

The Head of Research and Development of BMW AG Klaus Froehlich claimed that his company is open to form an alliance of companies working on autonomous vehicles to share the costs of development. 

Sun, 16 Sep 2018 02:22:39 GMT

Trump to announce new tariffs on China's imports on Monday

On Saturday, a senior White House official claimed that the US President Donald Trump is "likely" to declare the new tariffs on $200B of goods produced in China on Monday.

Sat, 15 Sep 2018 20:01:43 GMT

Newly appointed Sudan's Finance Minister rejects position

On Saturday, state news agency SUNA reported that Sudan's newly-appointed Finance Minister Abdullah Hamduk has formally rejected the position.

Sat, 15 Sep 2018 20:01:26 GMT

General Dynamics wins $20.47B federal contract for US Army

The US Army Contracting Command for bomb units has awarded a federal military contract worth of $20.47 million to General Dynamics.

Sat, 15 Sep 2018 19:07:10 GMT

New UN reports show that North Korea violates sanctions

A recent United Nations report showed that North Korea is punching significant holes in global economic sanctions.

Sat, 15 Sep 2018 19:04:23 GMT

Germany doesn`t exclude long-term military presence in Middle East

Ursula Von der Leyen, the German Defence Minister, said on Saturday that she could not rule out a long-term deployment of Germany's forces in the Middle East.

Sat, 15 Sep 2018 18:20:20 GMT

Boeing brings back retirees to fix delays at 737 jetliner plant

The world's largest planemaker Boeing is calling retired workers back to fix snags at its 737 jetliner plant.

Sat, 15 Sep 2018 18:08:13 GMT

Maduro and Xi agree to promote Venezuelan-Sino ties

Venezuelan President Nicolas Maduro and his Chinese counterpart Xi Jinping has reached a deal on Friday to promote Sino-Venezuelan ties to a higher level.

Sat, 15 Sep 2018 17:11:33 GMT

Turkey moves ahead on plans to dig Istanbul shipping canal

On Saturday, Turkey's Environment Minister Murat Kurum said that the ministry is moving ahead on plans to dig 45–km Istanbul shipping canal.

Sat, 15 Sep 2018 17:10:00 GMT

WSJ: White House plans to replace FEMA administrator

The Wall Street Journal reported on Friday that the White House considered replacing the Federal Emergency Management Agency Administrator Brock Long.

Sat, 15 Sep 2018 16:10:09 GMT

US to set up coalition to track fuel delivery to North Korea

On Saturday, the Wall Street Journal reported that the US Navy is planning to establish a partnership with 7 states to monitor foreign ships delivering fuel to the North Korea.

Sat, 15 Sep 2018 16:09:40 GMT

French government. to cancel "Exit tax" on capital gains

On Saturday, a spokesman of the French Finance Ministry claimed that the government is planning to cancel a tax implemented on capital gains of entrepreneurs and top earners who leave France to deter tax optimisation.

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