News

Sun, 26 Aug 2018 02:30:32 GMT

Two largest Australian banks face criminal charges

Two biggest Australian banks, Bank of Australia and National Australia Bank, were accused of criminal conduct over the treatment of superannuation clients by the Royal Commission of Australia. 

Sat, 25 Aug 2018 20:35:36 GMT

US expresses concern over Buzzfeed journalist's visa ban in China

The US embassy in China expressed the concern regarding a visa ban for American journalist Megha Rajagopalan who was heading the Chinese bureau of Buzzfeed News.

Sat, 25 Aug 2018 20:17:19 GMT

Bolton: Ukraine makes progress in efforts to join NATO

The National Security Advisor of the US John Bolton claimed the Ukraine has made a significant progress in efforts to become a member of the North Atlantic Treaty Organisation, however, Ukraine still has a work to do.

Sat, 25 Aug 2018 19:06:20 GMT

Uber and Airbus to participate in Japan's flying car project

The Trade Ministry of Japan said that Uber and Airbus, as well as 19 other organisations and companies, have joined a government-led project on developing airborne vehicles. 

Sat, 25 Aug 2018 18:51:40 GMT

World Bank to provide $1B in budget support to Ethiopia

On Saturday, the Prime Minister of Ethiopia Abiy Ahmed said that the World Bank will provide $1B in budget support to Ethiopia to help to conduct political and economic reforms in the country. 

Sat, 25 Aug 2018 18:35:07 GMT

China agrees to discuss post-Brexit trade deal with UK

On Saturday, the Ministry of Commerce of China claimed that China and the UK have agreed to discuss the possibility of securing a "top-notch" trade agreement after the UK leaves the EU.

Sat, 25 Aug 2018 18:27:36 GMT

Iran expects European guarantees on banking and oil sales

On Saturday, the Foreign Minister of Iran Mohammad Javad Zarif claimed that Iran awaits the guarantees from Europe on the preservation of banking relations and the sale of Iranian oil.

Sat, 25 Aug 2018 17:20:57 GMT

Indonesia to increase tariffs on 900 consumer goods

Indonesia is planning to introduce additional tariffs on 900 imported goods as a part of the measures to help to protect Indonesian rupiah from the fall and to cut growing trade deficit. 

Sat, 25 Aug 2018 17:10:06 GMT

Toyota to build car plant in China

Toyota Motor Corp is planning to build a new car factory in Chinese city of Guangzhou capable to produce 200000 cars a year, focusing on the production of SUV and electric vehicles. 

Sat, 25 Aug 2018 16:32:14 GMT

Trump advisor: Ukraine needs to consider alternatives to Russian gas

John Bolton, the National Security Advisor of the US, claimed that Ukraine needs to consider alternatives to supplies of natural gas from Russia as well as invite US companies to explore gas in Ukraine.

Sat, 25 Aug 2018 16:25:11 GMT

US and Japan to sharpen defence system with data share

Japan is planning to adopt a new missile defence system in 2020 that would allow the defence forces of Japan to share data on missiles with the US military on a real-time basis.

Sat, 25 Aug 2018 15:12:17 GMT

North Korea to host conference on blockchain technology

On Saturday, Radio Free Asia reported that North Korea is planning to host the international conference on cryptocurrencies and blockchain technology in Pyongyang in October.

Sat, 25 Aug 2018 15:04:42 GMT

Nestle Japan expects $1B in sales in next 10 years

The head of Nestle Japan Kozo Takaoka claimed that a company is planning to reach $1B in sales in Japan in the next 10 years focusing on selling supplements and nutrition drinks to ageing consumers and food subscription program. 

Sat, 25 Aug 2018 14:36:33 GMT

Indonesia's Social Affairs Minister resigns due to corruption scandal

The Minister of Social Affairs of Indonesia Idrus Marham has resigned after becoming a suspect in the corruption scandal related to the development of the coal-powered plant in Riau.

Sat, 25 Aug 2018 14:26:00 GMT

Maersk to send first vessel through Arctic sea route

Maersk is planning to send the first container ship loaded with South Korean electronics and Russian fish through the Arctic sea route as a part of the Northern sea route expansion plan.

Sat, 25 Aug 2018 13:33:46 GMT

Owners of Brazil's Oi to focus on operations improvement

The asset investment firms owning Brazilian telecom giant Oi, are planning to focus on the improvement of company's broadband and mobile operations instead of selling their stakes in the nearest time.

Sat, 25 Aug 2018 13:23:38 GMT

US National Advisor: sanctions to stay until change in Russia's behaviour

The US President's National Advisor John Bolton claimed during a news conference in Kiev that the sanctions against Russia will remain in force until the change in Russia's behaviour.

Sat, 25 Aug 2018 12:31:49 GMT

Tunisair awaits for government approval to lay off 1200 workers

Elyess Mankabi, the Chief Executive Officer of Tunisia's state airline Tunisair, claimed that a company is planning to fire 1200 workers because of the financial difficulties and awaits for an approval from the government.

Sat, 25 Aug 2018 12:26:40 GMT

EU migration talks end with no deal for Italy

The meeting of ten EU members discussing the possible migrant deal for Italy ended without an agreement regarding the Mediterranean migrants arriving to the Italian ports.

Sat, 25 Aug 2018 11:03:22 GMT

Burundi plans to buy Russian Pantsir-S1

The Defence Minister of Burundi Emmanuel Ntahomvukiye said on Friday that the government is considering acquiring Russian Pantsir-S1 air-defence missile systems.

Sat, 25 Aug 2018 10:58:55 GMT

Erdogan calls to defend national economy

The President of Turkey Tayyip Erdogan said on Saturday that decisiveness and commitment of all citizens will guarantee successful defence of national economy.

Sat, 25 Aug 2018 10:06:32 GMT

Pope makes historic visit to Ireland

The head of Vatican Pope Francis landed in Dublin on Saturday morning to make a two-day visit to Ireland for the first time in 39 years.

Sat, 25 Aug 2018 10:00:58 GMT

Tesla to remain public company

The CEO of Tesla Elon Musk said on late Friday that after talks with the company's board he came to conclusion that Tesla should remain a public enterprise.

Sat, 25 Aug 2018 09:10:16 GMT

IMF holds talks with Zambia

The International Monetary Fund (IMF) stated on Saturday allocation of funds within aid programme remains under question due to unviable borrowing plans.

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