News

Sat, 24 Feb 2018 05:34:22 GMT

US imposes new sanctions on North Korea

The United States on Friday imposed new sanctions on North Korea to persuade the nation to cancel its nuclear missile program.

Sat, 24 Feb 2018 05:33:02 GMT

State Department: US to open Jerusalem embassy in May

The United States plans to open its embassy in Jerusalem in May, a move widely disliked by US Arab allies and Palestinians.

Sat, 24 Feb 2018 04:34:57 GMT

ECB pulls plug on Latvian ABLV Bank

Latvia's lender ABLV Bank is likely to fail and is expected to be wound up with the bank's saving not in the interest of the public, the ECB and the EU SRB separately stated.

Sat, 24 Feb 2018 04:33:13 GMT

Google raise prices of adds, Turner, YouTube TV

Alphabet's Google was raising the price of online services of YouTube TV for new customers, as it added channels from Turner, NBL and MLB, the company stated.

Sat, 24 Feb 2018 03:27:01 GMT

Dropbox applies for IPO of nearly $500M

Data-sharing company Dropbox applied for an up to $500M initial public offering with the US Securities and Exchange Commission.

Sat, 24 Feb 2018 03:24:30 GMT

Chinese home prices grow 5% in January

China's Statistics Bureau stated that the country's new property prices rose 5% from a year earlier, even while the government kept attempting to curb speculative demand.

Fri, 23 Feb 2018 20:55:23 GMT

US concerned over Chinese new web access regulations

The US told the WTO that China's internet access regulations coming into force in March are set to create new limitations for service suppliers and should be negotiated at the WTO.

Fri, 23 Feb 2018 20:54:55 GMT

EU Tusk and UK May to meet next week

The President of European Council Donald Tusk is expected to meet Britain's Theresa May on Thursday next week after the Prime Minister delivers a speech on post-Brexit relation with the EU.

Fri, 23 Feb 2018 19:54:24 GMT

Trump sees US-Australia relations strong

Donald Trump, the President of the US, welcomed Australia's Prime Minister Malcolm Turnbull and appreciated the strength of the US-Australia relations.

Fri, 23 Feb 2018 19:45:28 GMT

VW profitability to take hit from EV shift

Volkswagen stated that its profitability is likely to take a hit in 2018, as the company launches a plenty of new models and invests billions of euros in EVs.

Fri, 23 Feb 2018 19:30:03 GMT

Canada's yearly inflation grows 1.7% in January

The Canadian inflation growth pace strengthened in January, with the CPI rate rising 0.7% in the reported month, surpassing expectations for a 0.4% increase.

Fri, 23 Feb 2018 19:29:13 GMT

Britain to align auto rules with EU after Brexit

The UK is set to align regulations with the EU in the automotive sector and other areas after Brexit, the country's Health Minister stated.

Fri, 23 Feb 2018 18:08:19 GMT

Germany, France ask Putin to cease Syria attacks

Germany's Chancellor Angela Merkel and France's President Emmanuel Macron asked Russia's President Vladimir Putin to support the UN resolution for a ceasefire in Syria.

Fri, 23 Feb 2018 18:07:52 GMT

BMW to recall 11.7K cars due to wrong engine software

Germany's car maker BMW stated that the company is set to recall 11.7K cars, as it discovered that the wrong software was installed on 5-Series and 7-Series models.

Fri, 23 Feb 2018 17:25:18 GMT

EZ inflation growth weakens in January

Euro zone's consumer price growth weakened in the month of January, falling 0.9% month-on-month, in line with expectations.

Fri, 23 Feb 2018 17:24:52 GMT

Vimeo targets $100M in revenue in 2018

Vimeo, the video hosting service of IAC, stated that it targeted 1M in paid subscribers and $100M in revenue in 2018, the company's CEO stated.

Fri, 23 Feb 2018 15:49:56 GMT

GE, Ukraine sign $1B deal to supply locomotives

General Electric's transportation unit stated that the company signed a $1B agreement with Ukrainian Railways to supply freight locomotives.

Fri, 23 Feb 2018 15:48:29 GMT

HPE shares rise on $7B buyback plan, strong forecast

Shares of HPE increased 7% to the record-high on Friday after the company announced a $7B share repurchase plan, high quarterly results and upbeat forecasts.

Fri, 23 Feb 2018 15:33:35 GMT

Citigroup announces credit card rate problems

On Friday, Citigroup disclosed the credit card interest rate issues, calling it "methodological" and saying the company would provide necessary remediation to their affected customers.

Fri, 23 Feb 2018 15:30:04 GMT

Germany turns down bankers' extradition to Britain

Germany's authorities rejected an extradition bid of four bankers to Britain, who were set to face conspiracy charges in the Euribor case.

Fri, 23 Feb 2018 14:34:36 GMT

Hungary seeks no less €0.5B on border protection

Hungary's Prime Minister Viktor Orban stated that the country sought for half of €1B for border protection to get reimbursed from the EU.

Fri, 23 Feb 2018 14:32:31 GMT

PM May holds positive meeting on Brexit

On Friday, the British Prime Minister Theresa May held a positive meeting with her ministers over the Brexit, where they agreed on her forthcoming speech basis over the UK's future ties with the EU.

Fri, 23 Feb 2018 13:28:10 GMT

Romanian President backs anti-corruption chief

On Friday, the Romanian President Klaus Iohannis expressed his support for the chief anti-graft prosecutor, saying that there was no evidence to sack her, following a justice minister's request.

Fri, 23 Feb 2018 13:24:49 GMT

General Mills, Blue Buffalo sign acquisition deal

General Mills is set to acquire Blue Buffalo Pet Products in a deal worth around $8B, as it seeks to boost the growing demand for the natural pet food.

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