News

Mon, 13 Nov 2017 13:31:10 GMT

France consider imposing new sanctions on Iran

French Foreign Ministry raised prospects on Monday of new sanctions to be imposed on Iran over the ballistic missile programme, after it rejected the President Emmanuel Macron's call for talks.

Mon, 13 Nov 2017 13:25:23 GMT

Strong quake death toll in Iran and Iraq exceeds 300

The death toll surged over 300 people in Iran and Iraq on Monday, after a powerful 7.3-magnitude earthquake hit the region on Sunday, the local media outlets reported.

Mon, 13 Nov 2017 12:07:42 GMT

Chinese JD.com Q3 revenue beats forecasts

On Monday, China's second biggest e-commerce company JD.com posted a 39.2% jump in the Q3 revenue driven by high demand for its products, topping analysts' expectations.

Mon, 13 Nov 2017 12:07:05 GMT

ESPN launches SportsCenter programme in Snapchat

The US sports broadcaster ESPN brought its new SportsCenter programme to messaging app Snapchat, reimagining the show providing a short-form series of sports highlights.

Mon, 13 Nov 2017 11:05:06 GMT

Oil remains steady on Monday

Oil remained steady near its two-year highs on Monday, as opposing pressures from Middle East and an increase in US production offset any market turbulence.

Mon, 13 Nov 2017 11:01:17 GMT

EU approves sanctions on Venezuela

Foreign ministers of the European Union agreed on Monday to impose economic sanctions on Venezuela, including individual travel bans and freezing of its assets within the block.

Mon, 13 Nov 2017 10:33:04 GMT

GE plans to focus on three main businesses

The General Electric CEO John Flannery is planning to unveil company's road map on Monday that was set to focus on its three key units, which were healthcare, power and aviation.

Mon, 13 Nov 2017 10:27:59 GMT

Majority of Spanish voters favour early national election

According to a survey, over half of Spaniards calling for early national elections as support plunges for the minority government embroiled in Spain's worst political crisis.

Mon, 13 Nov 2017 09:17:00 GMT

Aramco to spend $300B within ten years in upstream gas, oil

Saudi Arabia's Aramco is willing to spend about $300B within ten years in upstream gas and oil projects, its CEO Amin Nasser announced on Monday.

Mon, 13 Nov 2017 09:05:30 GMT

Ex-China news agency chief expelled from Communist Party

The Chinese ruling Communist Party expelled the retired former chief of China's locally-run news agency for accepting bribes and abusing his power.

Mon, 13 Nov 2017 08:31:04 GMT

218 dead as strong earthquake hits Iran and Iraq

No less than 218 people were reported to be dead on Sunday, after a powerful 7.3-magnitude quake hit Iraq and Iran, local media in both countries said.

Mon, 13 Nov 2017 08:27:08 GMT

European Union to ink defence pact on Monday

The 22 countries of the European Union are planning to sign a defence accord on Monday, hoping to mark a new era of the EU military integration to strengthen unity after the Brexit.

Mon, 13 Nov 2017 07:31:28 GMT

Qualcomm plans to reject Broadcom's bid

The US chipmaker Qualcomm is drawing up plans to rebuff Broadcomm's $103B offer as soon as this week, the sources familiar with the issue reported.

Mon, 13 Nov 2017 07:27:16 GMT

GM's NEV sales in China to meet necessary quotas by 2019

According to the General Motor China head Matt Tsien, the carmaker's new energy vehicle sales in China are set to meet the necessary quotas by 2019 with no need to buy credits.

Mon, 13 Nov 2017 06:23:30 GMT

Venezuela opens talks with creditors to discuss debt

On Monday, Venezuela is set to meet with creditors to discuss the paralysed debt, as the nation tries to dodge a default that would bring more uncertainty over the country's economy.

Mon, 13 Nov 2017 06:22:11 GMT

United Airlines resumes Newark-Delhi flights

United Airlines announced the resumption of flights from Newark to New Delhi following a temporary halt due to concerns over poor air quality in the capital of India.

Mon, 13 Nov 2017 05:19:00 GMT

Amazon close to opening in Australia

On Monday, one of Amazon's managers said the company was on the verge of opening in Australia, a move towards shaking up the brick-and-mortar retail sector in the country.

Mon, 13 Nov 2017 05:18:09 GMT

Fed's Harker supports December rate hike

The Philadelphia Fed President Patrick Harker said on Monday he would support a rate hike next month, adding he expected the central bank to increase rates three times in 2018.

Mon, 13 Nov 2017 04:25:47 GMT

Trump meets Australia, Japan leaders, discusses NK, trade

The US President Donald Trump met Australia's Malcolm Turnbull and Japan's Shinzo Abe at the ASEAN Summit in Manila to discuss North Korea tensions and trade.

Mon, 13 Nov 2017 04:25:06 GMT

Fed policies unlikely to have linkage to Bank of Japan's steps

The US Fed's measures would not have linkage to what the Japan's Central Bank does, but could affect the Bank of Japan's policies through global changes, a BoJ official said.

Mon, 13 Nov 2017 03:04:33 GMT

Statoil looks for EU support for purification of CO2

Norway's oil and gas firm Statoil turned to the EU for help in carbon dioxide purification, as large funds would be required from the country's state budget during many years.

Mon, 13 Nov 2017 03:03:11 GMT

British shoppers diminish spending by most since 2013

The UK shoppers cut their spending by the most in nearly four years in October, Visa's survey showed, adding to signs that weak pay growth squeezed household budgets harder.

Sun, 12 Nov 2017 20:54:05 GMT

Pahor leads by 6% over opponent in Slovenia's election on Sunday

The Slovenian President Borut Pahor is likely to be re-elected on Sunday, as the latest poll in the country's election showed a 6% lead over his main opponent Marjan Sarec.

Sun, 12 Nov 2017 20:53:19 GMT

Brady rejects full elimination of tax deductions

The chairman of the US House Committee on Ways and Means Kevin Brady said on Sunday that he would reject an entire federal deduction for local and state taxes.

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