News

Thu, 28 Dec 2017 05:01:03 GMT

Reis: US vacancy rate rises slightly in Q4

The US apartment vacancy edged higher to 4.5% in the fourth quarter, following 4.4% in the Q3, as supply surpassed demand, the Reis report showed.

Thu, 28 Dec 2017 04:17:50 GMT

Barclays anticipates £1B write-off from US tax reform

Barclays expected to take a write-off of nearly £1B on its yearly after-tax profit as a consequence of the tax overhaul in the US, the Bank said.

Thu, 28 Dec 2017 04:17:39 GMT

Japan industrial output grows on strong demand in November

Japan's industrial production increased more than anticipated in November, with companies expecting further gains, as strong overseas demand keeps supporting factory activity.

Thu, 28 Dec 2017 03:14:48 GMT

US accepts delayed $593M fighter jet sale to Nigeria

The US formally accepted selling of 12 fighter planes and weapons for $593M to Nigeria, pointing to the recovery of a deal halted by the Obama administration.

Thu, 28 Dec 2017 03:12:08 GMT

BoJ board members to debate on ETF purchases, rates

Some of the Bank of Japan's board members called for debates over interest rate hikes or diminishing purchases of ETF in response to brighter outlook.

Wed, 27 Dec 2017 21:14:31 GMT

One dead and many injured in South Iceland bus accident

A serious bus accident took place in South-Iceland on Wednesday, where according to the police, one passenger died and many were seriously injured.

Wed, 27 Dec 2017 21:10:35 GMT

UPS says holiday season package returns to hit new record

United Parcel Service Inc. delivered almost all of people's presents by Christmas Day, with the company finishing strong after a bruising late November.

Wed, 27 Dec 2017 20:16:56 GMT

Prosecutors seek 12-year prison term for Samsung heir Lee Jae-yong

South Korean prosecutors on Wednesday demanded a 12-year prison term for Samsung's jailed billionaire heir, Lee Jae-yong, who maintained his innocence during an appeal of his conviction on bribery.

Wed, 27 Dec 2017 20:11:11 GMT

Ukraine and pro-Russian rebels swap hundreds of prisoners

Ukraine and pro-Russian rebels began a landmark prisoner swap on Wednesday, marking the largest such deal since the armed conflict in eastern Ukraine broke out in 2014.

Wed, 27 Dec 2017 19:32:45 GMT

One dead after 4.2 quake hits near Iran capital

One person has died after a 4.2 magnitude earthquake hit 50km west of Iran's capital, less than a week since an earthquake in the same area killed a pregnant woman.

Wed, 27 Dec 2017 19:29:44 GMT

At least 10 injured as blast rips through Russian supermarket

Ten people have been hospitalised with injuries after an explosion ripped through a supermarket in the Russian city of Saint Petersburg on Wednesday.

Wed, 27 Dec 2017 17:53:13 GMT

Tillerson, Lavrov agree to continue talks on North Korea

The US Secretary of State Rex Tillerson and Russia's Foreign Minister Sergei Lavrov have made an agreement to continue co-operation in terms of North Korea's nuclear program.

Wed, 27 Dec 2017 17:51:49 GMT

UPS expects increase in package returns during holiday season

The US-based package delivery company United Parcel Service Inc. expects a significant increase in return packages during the holiday season, driven by expanding online sales.

Wed, 27 Dec 2017 16:53:17 GMT

GE to keep manufacturing plant in Rochester

The US-based conglomerate General Electric Co is to keep its manufacturing plant in Rochester, New York, despite the plan to move its operations to China by June 2018.

Wed, 27 Dec 2017 16:51:57 GMT

Mexico reports $399M trade surplus in November

Mexico's National Statistics Institute reported on Wednesday that the country's trade surplus reached $399M in November, thus increasing by 9.2% year-on-year.

Wed, 27 Dec 2017 15:59:17 GMT

US consumer confidence falls in December

The Conference Board Inc. reported on Wednesday that the US consumer confidence dropped to 122.1 in December, compared to the forecast of 128.2.

Wed, 27 Dec 2017 15:58:01 GMT

Shell calculates $2-2.5B benefit from US tax overhaul

Royal Dutch Shell could save around $2-2.5B from the new US tax overhaul due to a decrease in deferred tax assets, the company said on Wednesday.

Wed, 27 Dec 2017 15:24:50 GMT

Niki Airline to pay monthly wages to its staff in Austria

On Wednesday, Niki airline's administrator Lucas Floether vowed that about 790 insolvent company's staff would be paid their monthly wages for the last month of 2017.

Wed, 27 Dec 2017 14:50:35 GMT

Ex-Zimbabwe army chief to be sworn in as Vice President

The former army head Constantino Chiwenga will be sworn in as the Vice President of Zimbabwe on Thursday, the state-run Broadcasting Corporation reported on Wednesday.

Wed, 27 Dec 2017 14:12:33 GMT

Israel seeks building 'Trump Station' close to Western Wall

Israel seeks to construct a new train station close to the Western Wall and name it after Donald Trump in gratitude for recognising Jerusalem as the country's capital.

Wed, 27 Dec 2017 14:02:10 GMT

Airbus miight axe A380 jets if loses Emirates deal

Airbus is ready to phase out the A380 superjumbo's production, in case the company fails to win the key deal from Emirates Airlines.

Wed, 27 Dec 2017 13:34:51 GMT

Huawei's China sales head arrested over bribery

The China Sales Chief of Huawei Technologies was detained for the suspected bribe-taking that triggered an investigation in the world's biggest smartphone maker.

Wed, 27 Dec 2017 13:31:10 GMT

Russia limits US military observation flights from Jan. 1

Russia is set to limit the US military observation flights over the country starting from the first day of the next year in response to a similar move by the United States.

Wed, 27 Dec 2017 12:19:04 GMT

Russia's Putin officially becomes candidate for presidency

On Wednesday, Russia's election commission accepted Vladimir Putin's documents applied to register him as a Presidency candidate in the next March's ballot.

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