News

Sat, 03 Feb 2018 14:09:26 GMT

CDU and SPD hold another round of talks

Members of Angela Merkel's Christian Democrats (CDU) and Martin Schulz's Social Democrats (SPD) gathered on Saturday for another round of coalition talks in an attempt to find a compromise on labour rules and healthcare.

Sat, 03 Feb 2018 14:03:56 GMT

Senior South African official calls Zuma to resign

In an interview with CNBC Africa the ANC Treasurer-General Paul Mashatile called President Jacob Zuma to leave his post. The statement came a few days before South African leader will meet with six senior members of the country's ruling party.

Sat, 03 Feb 2018 13:12:20 GMT

Kenyan police detains third opposition legislator

According to local media, Kenyan police on Saturday arrested another lawmaker who participated in a symbolic "swearing-in" ceremony of opposition leader Raila Odinga.

Sat, 03 Feb 2018 13:07:36 GMT

UK pledges to arrest assets of corrupt oligarchs

The Times newspapper reported on Saturday that British government plans to use new powers in order to arrest and seize assets of corrupt politicians, businessmen and foreign criminals.

Sat, 03 Feb 2018 12:04:40 GMT

Man opens fire in Italy's Macerata

According to local media, two people got injured after an unknown man started shooting at passers-by from his car in the city of Macerata located in central Italy.

Sat, 03 Feb 2018 12:04:26 GMT

Guterres thanks Russia for Syrian peace summit

The UN Secretary-General Antonio Guterres has expressed gratitude to Russia for organisation of Syrian peace summit in Sochi, which gathered all parties to the conflict except for notorious terrorist organisations.

Sat, 03 Feb 2018 11:09:34 GMT

Major fire damages Meenakshi Temple in India

According to local firemen, not less than 30 stores were damaged in a fire that broke out at Meenakshi Amman Temple on Friday. The number of people injured in a fire hasn't been reported yet.

Sat, 03 Feb 2018 11:01:34 GMT

Another tanker disappears in West Africa

According to the NDTV news agency, MT Marine Express, the tanker carrying $8.1M in gasoline with 22 crew members has disappeared at the Gulf of Guinea for over two days off the coast of Benin.

Sat, 03 Feb 2018 10:22:41 GMT

Chevron and Exxon shares fall as quarterly earnings disappoint

On Friday, Chevron Corp and Exxon Mobil Corp shares fell to 5% and 6% as both companies failed to report quarterly earnings predicted by Wall Street analysts.

Sat, 03 Feb 2018 09:56:30 GMT

US to expand nuclear capabilities

According to the Pentagon document, the US is planning to expand its nuclear arsenal, being concerned about the growing amount of non-strategic nuclear weapons in Russia.

Sat, 03 Feb 2018 09:20:20 GMT

Sprint beats analyst estimates on quarterly revenue

Sprint Corp, the fourth largest wireless carrier in the US, reported in the FCF outlook for 2017 tax year that its quarterly revenue beat experts estimates, which has lead to 3.7% shares rise.

Sat, 03 Feb 2018 08:58:27 GMT

China accuses US of disrespect to Latin America

China accused the US of disrespect to Latin America after Rex Tillerson, the US Secretary of State, warned Latin American countries against the reliance on economic partnership with China.

Sat, 03 Feb 2018 08:20:13 GMT

The US seeks significant fines in Fiat Chrysler emissions scandal

The US Justice Department seeks significant civil penalties from Fiat Chrysler after the US government filed a civil lawsuit, accusing the carmaker of using the software to bypass emission controls.

Sat, 03 Feb 2018 08:02:01 GMT

Dell considers IPO or merger with VMware

Dell, the largest private technology company in the world, is considering an initial public offering or a merger with its subsidiary VMware, the publicly traded data centre technology company.

Sat, 03 Feb 2018 07:19:36 GMT

Wells Fargo shares fall due to new regulatory restrictions

On Friday, Wells Fargo & Co. shares fell 6.1%, because of the new regulatory limitations imposed by The Federal Reserve over compliance issues.

Sat, 03 Feb 2018 07:01:34 GMT

Bitcoin heads for biggest weekly loss since December 2013

On Friday, the cryptocurrency market significantly plunged with Bitcoin sliding below $7900, which is the biggest weekly loss for Bitcoin since the first week of December 2013.

Sat, 03 Feb 2018 06:04:38 GMT

British Business Bank to lend £100M to firms hit by collapse of Carilion

The British Business Bank is likely to provide nearly £100M worth lending to small companies and workers hit by liquidation of Carilion.

Sat, 03 Feb 2018 06:02:24 GMT

Fed's Yellen sees solid growth encouraging more rate increases

The outgoing Fed Chair Janet Yellen stated that strong economic expansion, tightening job market and pay growth mean that the Fed would need to keep raising rates gradually.

Sat, 03 Feb 2018 04:18:00 GMT

Canada's PM repeats tough stance on NAFTA

The Prime Minister of Canada Justin Trudeau revealed a tough line over NAFTA, repeating that the country could quit, if it is not satisfied with talks on changes.

Sat, 03 Feb 2018 04:17:11 GMT

German parties closer to form coalition

Angela Merkel's conservative party and the Social Democrats made the main progress in negotiations over forming a coalition, but were still at odds concerning labour rules.

Fri, 02 Feb 2018 21:01:55 GMT

McFarland refuses to become an envoy to Singapore

K.T. McFarland asked the US President Donald Trump on Friday to withdraw her nomination as the US ambassador to Singapore amid the uncertainly expressed by the Congress after her testimony over communications with Russia's representatives.

Fri, 02 Feb 2018 21:01:48 GMT

US advises Mexico to watch Russian election meddling

The US Secretary of State Rex Tillerson warned its southern neighbour on Friday that Russia might try to interfere into its presidential election that will take place in July.

Fri, 02 Feb 2018 20:07:03 GMT

Stocks show worst result in two years

The S&P500 and Dow Jones indices ended lower on Friday amid a series of week earning reports as well as the robust US employment data, thus approaching to their largest one-week plunge in two years.

Fri, 02 Feb 2018 20:06:56 GMT

White House ready to negotiate with Congress Democrats' memo release

The Trump administration said on Friday it is ready to work with congressmen in order to decide whether Democrats' memo written for the House Intelligence Committee could be disclosed.

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