News

Sun, 14 Jan 2018 07:51:51 GMT

Ford to re-enter US pickup truck market in 2019

The US-based auto manufacturer Ford Motor Co plans to re-enter the local market for pickup trucks by introducing the 2019 Ford Ranger.

Sun, 14 Jan 2018 07:02:37 GMT

Volcano eruption in Papua New Guinea results in evacuation

A volcano eruption in an island located near the northern coastline of Papua New Guinea called for an evacuation of about 1 500 people, the Red Cross stated on Sunday.

Sun, 14 Jan 2018 07:00:19 GMT

US resumes renewal of DACA applications

The US Citizenship and Immigration Services said in a statement that people who were granted protection under DACA might request a renewal under the previously-existing terms.

Sun, 14 Jan 2018 05:56:36 GMT

Venezuelan government, opposition fail to reach agreement

The Venezuelan government and opposition concluded their meeting without a deal on Saturday, thus failing to agree on measures how to address its political and economic crisis.

Sun, 14 Jan 2018 05:53:38 GMT

CBRC to strengthen control over banking sector in 2018

The China Banking Regulatory Commission plans to increase supervision of the country's banking sector this year in an attempt to reduce financial risks.

Sun, 14 Jan 2018 04:57:45 GMT

QNB expects slower growth for SEA in Q4 2017

According to Qatar National Bank, the economic growth in Southeast Asia might have experienced a slowdown in Q4 2017 due to reduced public and private investment.

Sun, 14 Jan 2018 04:56:37 GMT

GM's CEO optimistic about NAFTA

Mary Barra, the Chief Executive Officer of General Motors Co, expressed optimism about the survival of NAFTA amid plans to build new trucks in Mexico.

Sun, 14 Jan 2018 03:04:27 GMT

France's mobile operators to invest billions in 4G network coverage

French major mobile telephone operators have aimed to spend at least €3B to ensure 4G network coverage in black spots across the country so that there are no uncovered gaps by 2020.

Sun, 14 Jan 2018 03:03:29 GMT

Philippines raises volcano alert in Albay province

The Philippines raised an alert at the restive Mayon volcano on Sunday, citing signs of rising magma, such as unleashed ash and sulfuric odor that could lead to the hazardous eruption.

Sat, 13 Jan 2018 21:30:15 GMT

Iran lifts ban on Telegram

According to the IRNA news agency, the Iranian government has lifted restrictions on one of the most popular messaging app Telegram that has approximately 40M users in the country.

Sat, 13 Jan 2018 21:24:52 GMT

Chili guarantees Pope's safety

The Interior Minister of Chili Mario Fernandez promised on Saturday that Pope Francis will be safe during his visit this week despite a number of attacks on Catholic churches in Santiago.

Sat, 13 Jan 2018 20:01:30 GMT

Congo begins offensive against Ugandan insurgents

Congolese and Ugandan forces started a joint offensive in the city of Beni against the rebellious Allied Democratic Forces (ADF) that attacked and killed 15 UN peacekeepers last month.

Sat, 13 Jan 2018 20:01:21 GMT

Meirelles believes S&P downgrade will not hinder growth

The Finance Minister of Brazil Henrique Meirelles stated on late Saturday that a decision by rating agency S&P to downgrade country's long-term sovereign debt rating to BB- from BB will have no impact on projected 3% GDP growth.

Sat, 13 Jan 2018 19:04:56 GMT

Tunisia will subsidize lower classes

After major protests the Tunisian government has decided upon spending $70 million on aiding to the poor families of the country.

Sat, 13 Jan 2018 19:04:06 GMT

Chile slams World Bank

Officials of Chile have criticized the World Bank, announcing that the country has been treated unfairly in the latest Doing Business ranking.

Sat, 13 Jan 2018 18:00:28 GMT

Saudi Arabia to extradite suspects

Saudi Arabian officials have announced that the public prosecutor will ask for extradition of corruption suspects. The suspects would then be forced to return to Saudi Arabia.

Sat, 13 Jan 2018 17:59:34 GMT

Airbus will pay Taiwanese fine

It has been announced that Airbus is set to pay 104 million Euro fine due to the 1992 missile sale to Taiwan.

Sat, 13 Jan 2018 17:01:58 GMT

Airbus in talks to end investigation

Airbus officials announced on Saturday that the company is in talks with German prosecutors to end the investigation into the Eurofighter jet plane sale to Austria.

Sat, 13 Jan 2018 17:01:26 GMT

New record set for Tuna prices

As the results of the last auction of the Tokyo's famous Tsukiji fish market have been accounted for, a new record has been set. A restaurant has paid for prime bluefin tuna the price of $323,000 .

Sat, 13 Jan 2018 16:01:27 GMT

South Africans loot H&M stores

A mob in South Africa has ransacked H&M stores. The mob used the recent ads, branded by some as racist, of the Swedish group as an excuse for violence and breaking the law.

Sat, 13 Jan 2018 15:59:59 GMT

General Motors bet on pickups

General Motors Company on Saturday announced that the company will reveal a brand new generation of Silverado pickup trucks at the Detroit auto show.

Sat, 13 Jan 2018 14:55:04 GMT

Philippines officials bust international fraud scheme

Dozens of nationals of China and Taiwan have been arrested by Philippines officials on suspicion of running a large scale international telecom scam.

Sat, 13 Jan 2018 14:54:21 GMT

South and North Korean talks will resume

South and North Korean officials have decided upon holding working level talks on January 15. The talks are set to occur on the North Korean side of the village of Panmunjom.

Sat, 13 Jan 2018 14:04:24 GMT

Social Democrats lobby against alliance with CDU

A number of German Social Democrats (SPD) called their party members to vote against formation of alliance with Angela Merkel's Christian Democrats (CDU). The push-back came shortly after the party leaders asked to support a grand coalition for another four years.

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