News

Sun, 29 Apr 2018 05:02:15 GMT

US and Japan welcome Korean summit

The US President Donald Trump and Japanese Prime Minister Shinzo Abe agreed on Sunday that the Korean summit was an important step towards denuclearization and peace in the region.

Sun, 29 Apr 2018 05:02:09 GMT

Kim pledges to open nuclear site to outside world

The North Korean leader Kim Jong Un stated on Sunday he would shut down nuclear site next month and make this process transparent to the foreign observers.

Sat, 28 Apr 2018 20:02:34 GMT

Abdullah Gul says he will not compete with Erdogan

The former leader of Turkey Abdullah Gul said on Saturday that he would not run for presidential post and compete with his successor Tayyip Erdogan, thus refuting rumours about his candidacy.

Sat, 28 Apr 2018 20:02:27 GMT

Greece signs deal to upgrade F-16 jets

The Greek government approved on Saturday a deal worth $1.45B with the US to upgrade its F-16 jets, saying such costly improvement would not harm country's fiscal progress.

Sat, 28 Apr 2018 19:11:35 GMT

Saudi Qiddiy looks for investors

Qiddiya, an entertainment city under construction to the southwest of Riyadh, is actively communicating with potential local and foreign investors in an attempt to diversify country's economy and create jobs for young population.

Sat, 28 Apr 2018 18:07:32 GMT

Trump urges Senator Tester to resign

The US President Donald Trump urged Senator and member of the Senate Veteran's Affairs Committee Jon Tester to resign as his allegations against Ronny Jackson have not been confirmed.

Sat, 28 Apr 2018 18:02:24 GMT

Russia gives green light to EDC acquisition

According to the RIA news agency, Russia's anti-monopoly agency (FAS) has given its preliminary consent to American oil giant Schlumberger to acquire up to 49% of Eurasia Drilling Co (EDC).

Sat, 28 Apr 2018 17:00:27 GMT

Liberia's Sirleaf addresses African leaders

The former President of Liberia Johnson Sirleaf stated on Saturday that African leaders should listen to the needs of their citizens and stop counteracting "democratic transformation" of their countries' political systems.

Sat, 28 Apr 2018 16:54:52 GMT

Mike Pompeo visits Saudi Arabia

The newly elected US Secretary of State Mike Pompeo began on Saturday his first Middle East tour via visiting Saudi Arabia and discussing prospects of the Iran nuclear deal as well as situation in Syria.

Sat, 28 Apr 2018 16:18:29 GMT

Erdogan begins electoral campaign

The President of Turkey Tayyip Erdogan unofficially began electoral campaign on Saturday in an attempt to beat the secular CHP opposition party's leader Kemal Kilicdaroglu and become re-elected.

Sat, 28 Apr 2018 16:11:23 GMT

UNSC stresses importance of Rohingya crisis

Representatives of the United Nations Security Council (UNSC) started a four-day trip to Myanmar and Bangladesh on Saturday to meet with both countries officials and see with their own eyes the state of Rakhine.

Sat, 28 Apr 2018 13:52:06 GMT

New EU tax faces difficulties in implementation

The new European Commission's tax on digital turnover for large enterprise drew scepticism on weekend.

Sat, 28 Apr 2018 13:51:53 GMT

Sainsbury and Walmart close merger deal

Second and third largest supermarkets chains of the UK, respectively, Sainsbury and Walmart's subsidiary Asda have closed a ten billion pound worth merger.

Sat, 28 Apr 2018 12:59:49 GMT

Fosun launches luxury resort

The Chinese company Fosun on Saturday opened its new luxury resort Atlantus Sanya, which has cost the company $1.74B.

Sat, 28 Apr 2018 12:59:34 GMT

Russia wants to criminalize US sanctions

The PM of Russia has expressed approval of the idea to make it a criminal action to observe the sanctions that US has imposed on Russia.

Sat, 28 Apr 2018 11:33:25 GMT

Russia's Deripaska to cut stake in En+ Group

Russia's Oleg Deripaska, a sanctions-hit businessman, agreed in principle to cut his stake in the Russian firm En+ Group, which manages his hydropower and aluminium assets, to almost 50%.

Sat, 28 Apr 2018 11:29:30 GMT

Western Digital posts better-than-expected Q3 revenue

Western Digital topped analysts' estimates, reporting its Q3 revenue surged to $5.01B from $4.65B, driven by a higher demand for memory chips the company uses in smartphones and PCs.

Sat, 28 Apr 2018 10:33:50 GMT

Alphabet's President says tech firms must take greater responsibility

On Friday, the Alphabet's President Sergey Brin stated that technology firms must assume greater responsibility for their work's social impact on the back of the global awareness about digital services misuse.

Sat, 28 Apr 2018 10:24:51 GMT

Qingdao Haier shareholders support Frankfurt IPO

Shareholders of China's white goods producer Qingdao Haier backed the IPO plans on the Frankfurt Stock Exchange's regulated market, seeking to boost the firm's financial strength and asset-liability ratio.

Sat, 28 Apr 2018 09:58:45 GMT

Trump will maintain sanctions on North Korea

The President of the US Donald Trump has announced that the US will keep the sanctions on North Korea intact.

Sat, 28 Apr 2018 09:57:56 GMT

North Korea praises summit

The state news agency of North Korea on Saturday praised the inter-Korean summit.

Sat, 28 Apr 2018 09:32:06 GMT

Hainan Airlines to sell part of shares in Brazil's Azul

Hainan Airlines plans selling a fifth of its stake in Brazil's Azul to the United Continental's subsidiary Calfinco in a deal worth $138.3M, expecting to make a $42M profit after Azul's IPO in 2017.

Sat, 28 Apr 2018 09:25:48 GMT

Uber resumes operations in Austria's Vienna

The ride-hailing app Uber has restored its operations in the Austrian capital of Vienna, following a two-day suspension ruled by the court amid local taxi company's lawsuit against Uber.

Sat, 28 Apr 2018 08:32:34 GMT

Sprint, T-Mobile aim to complete merger deal by Monday

The US wireless carriers Sprint and T-Mobile US are finalising their deal terms, amid the companies' intention to complete the merger by Monday that would value Sprint at about $26B.

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