News

Mon, 12 Feb 2018 17:06:56 GMT

Credit Suisse expects four US rate hikes this year

On Monday, Credit Suisse's economists said they expected the Fed to increase interest rates four times this year on the back of last week's US budget deal.

Mon, 12 Feb 2018 16:25:32 GMT

Israeli PM discusses settlement annexation with US

The Israeli PM Benjamin Netanyahu revealed he was in talks with the United States about possible Jewish settlement annexation in West Bank.

Mon, 12 Feb 2018 16:24:52 GMT

Saakashvili deported to Poland

On Monday, the Ukrainian border service said the country's opposition leader Mikheil Saakashvili had been deported to Poland.

Mon, 12 Feb 2018 15:34:23 GMT

UK charity Oxfam's deputy head quits over sex scandal

On Monday, Oxfam's Deputy CEO Penny Lawrence resigned over the alleged sexual misconduct by the British charity's staff members, taking responsibility for organisation's failure to act adequately.

Mon, 12 Feb 2018 15:29:26 GMT

Greek PM urges to probe politicians in Novartis bribery case

On Monday, the Prime Minister of Greece Alexis Tsipras called on the Parliament to investigate politicians in the alleged Novartis bribery case.

Mon, 12 Feb 2018 14:32:54 GMT

German court finds Facebook personal data use illegal

Germany's court found Facebook's personal data use to be illegal, as the US social media service did not secure its users' informed consent adequately.

Mon, 12 Feb 2018 12:58:28 GMT

Honda to recall 350K vehicles in China amid engine issue

Japan's Honda Motor is planning to recall 350K cars in China in the carmaker's efforts to solve the cold-climate engine problem and quell plenty of customer complaints.

Mon, 12 Feb 2018 12:58:17 GMT

Unilever warns about online ad cuts over content

Unilever has threatened Google, Facebook and other digital companies to remove investment from their platforms, as they fail to improve consumer trust and transparency.

Mon, 12 Feb 2018 12:22:47 GMT

China's new loans hit record 2.9 trillion yuan in January

According to the People's Bank of China, the state's new loans hit record 2.9 trillion yuan, or $458.3B, over the course of January, topping analysts' forecasts.

Mon, 12 Feb 2018 12:22:33 GMT

Swiss January inflation in line with forecasts

Data released by the Swiss Federal Statistical Office on Monday showed that the country's CPI was down 0.1% in January, in line with analysts' expectations.

Mon, 12 Feb 2018 10:33:05 GMT

Poland arrests six people in Ciech probe

According to the PAP news agency, Polish anti-corruption agency made an arrest of six people, including an ex-Deputy Treasury Minister, on the back of the chemical firm Ciech's privatisation probe.

Mon, 12 Feb 2018 10:28:54 GMT

Iraq receives $330M of humanitarian aid

On Monday, Kuwait's news outlet KUNA reported that Iraq had received $330M of humanitarian aid pledged by non-governmental organisations.

Mon, 12 Feb 2018 09:34:21 GMT

Total's head calls on Trump to adhere to Iran nuclear deal

The French oil major Total's head Patrick Pouyanne urged the US President Donald Trump to adhere to the Iran nuclear deal, where it had investments.

Mon, 12 Feb 2018 09:22:49 GMT

Turkey, Russia, Iran consider Syria meeting in Kazakhstan

On Monday, Russia's Deputy Foreign Minister Mikhail Bogdanov stated that Russia, Iran and Turkey had discussed the possibility of having a meeting on Syria that could take place in Kazakhstan in March.

Mon, 12 Feb 2018 08:32:51 GMT

Harvey Weinstein, his company sued over sexual misconduct

On Sunday, the New York Attorney General sued Harvey Weinstein and the Weinstein Company, alleging sexual misconduct and harassment by a movie producer.

Mon, 12 Feb 2018 08:26:58 GMT

Iraq's reconstruction to cost $88.2B

The Iraqi planning ministry Qusay Abdulfattah stated on Monday that the country's rebuilding after years of economic turmoil and war would cost $88.2B.

Mon, 12 Feb 2018 07:33:17 GMT

Ford speeds up SUV production to bolster margins

On Monday, Ford Motor stated it would rev up large sport utility vehicle production targets by 25%, as it sought to boost its anemic profit margins and challenge the rival General Motors.

Mon, 12 Feb 2018 07:29:48 GMT

Amazon pays $90B to buy Blink's chip technology

Amazon.com revealed the last year's secret acquisition deal with the Blink camera maker over its chip technology worth $90M total.

Mon, 12 Feb 2018 06:21:20 GMT

Trump's infrastructure plan faces hardships

Donald Trump's plan to invest $1.5 trillion in infrastructure due to be rolled out today is already facing steep hurdles, as it does not imply as much federal funding as Democrats want to see.

Mon, 12 Feb 2018 06:20:27 GMT

London City Airport closed amid WW2 bomb discovered in Thames

The Metropolitan Police reported that the London City Airport was shut on Sunday night on the back of an unexploded WW2 bomb that had been found in the River Thames.

Mon, 12 Feb 2018 05:18:46 GMT

Qualcomm to meet with Broadcom on 14 February

According to sources with knowledge on the matter, Qualcomm and Broadcom are set to hold a meeting on 14 February to discuss Broadcom's $121B acquisition offer.

Mon, 12 Feb 2018 05:18:06 GMT

Alibaba to stream Disney shows on Youku platform

On Monday, Alibaba struck a licensing deal with Walt Disney that will allow Alibaba's video streaming platform Youku to broadcast Disney shows.

Mon, 12 Feb 2018 04:29:51 GMT

Trump budget requires more than $200B for border security, infrastructure

The White House stated that the budget proposal is set to include $200B for spending on infrastructure and $23B for stronger border security, aiming to meet Trump campaign promises.

Mon, 12 Feb 2018 04:28:41 GMT

Comcast prepares new offer for Fox assets

Comcast Corp was considering a new bid for the 21st Century Fox assets, despite the deal in December of selling them to Walt Disney for $52.4B.

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