News

Fri, 10 Nov 2017 17:00:34 GMT

Trump and Putin shake hands at APEC summit

The US President Donald Trump and the Russian President Vladimir Putin exchanged greetings and shook hands during a photo at the APEC summit in Danang, Vietnam.

Fri, 10 Nov 2017 16:00:27 GMT

Pro-IS song played when Swedish radio station hacked

A Swedish radio station has been hacked by a pirate broadcaster who interrupted the radio show by Islamic State propaganda for 30 minutes. 

Fri, 10 Nov 2017 16:00:15 GMT

Middle East reflects on Dubai aerospace show

A Saudi Arabia corruption crackdown and the rising tension in Middle East will reflect on Dubai Airshow, since military leaders try to evaluate weapons-buying spree at the region.

Fri, 10 Nov 2017 15:32:28 GMT

German prosecutions raids Commerzbank over tax evasion

German prosecutors raided the offices of Commerzbank amid tax evasion probe, as its former and current managers were suspected of evading $47M in taxes through the "cum-ex" transactions.

Fri, 10 Nov 2017 15:23:16 GMT

Germany seeks $23B for broadband upgrade

Germany is seeking to invest $23B on the national broadband upgrade by 2025, four parties aiming to form the coalition government stated on Friday.

Fri, 10 Nov 2017 14:33:21 GMT

India seeks for lending reforms

India is set to discuss lending reforms that are aimed to prevent a new bad loans crisis amid bankers' fears, following the reveal of a $32B bailout of the state-run banks.

Fri, 10 Nov 2017 14:19:46 GMT

UN in talks to sell F-35 jets to partner nations

The United States is discussing the sale of the F-35 fighter jets to the partner nations, a top US military official stated during a visit to the UAE.

Fri, 10 Nov 2017 13:31:19 GMT

EU security watchdog stands up for its Brexit guidance

The European Union security watchdog defended its disputed guidance for the British assets managers on running funds based in the EU after Brexit.

Fri, 10 Nov 2017 13:23:36 GMT

Uber faces appeal bid loss to override worker's rights decision

On Friday, the ride-hailing company Uber lost an appeal bid to overturn the UK tribunal decision ordering the ride-sharing company to treat its drivers as employees.

Fri, 10 Nov 2017 12:05:24 GMT

Germany bans illegal file-sharing website

Germany's investigators banned an illegal file-sharing website with about 27K members, which had caused no less than $3.4M financial damage to the entertainment service's copyright owners.

Fri, 10 Nov 2017 12:05:04 GMT

Article 50 author sees chance Brexit can be avoided

The Article 50 author stated on Friday that there was a chance that the Brexit could be avoided, if Britain decided to unilaterally scrap the talks on its divorce.

Fri, 10 Nov 2017 11:08:50 GMT

IMF, Egypt signs deal on $2B loan instalment

The International Monetary Fund signed a staff-level accord with Egypt for a loan instalment of around $2B more from a three-year, the IMF reported on Friday.

Fri, 10 Nov 2017 11:01:07 GMT

Vatican seeks to respond to nuclear threats

On Friday, Vatican called world leaders for a consultation and a dialogue as it sought to respond to the nuclear weapons threats.

Fri, 10 Nov 2017 10:32:01 GMT

UK goods trade deficit falls in September

The ONS reported on Friday that Britain's goods trade deficit narrowed to £11.3B in September, compared to the prior month's downwardly revised £12.4B gap.

Fri, 10 Nov 2017 10:19:23 GMT

China to widen foreign access to financial sector

China is eager to open the country's financial markets to foreign companies on the US and other global investors' demand, following their complaints about strict limits on access to the giant economy.

Fri, 10 Nov 2017 09:30:17 GMT

South Korea's summit with China to take place on Saturday

The South Korean President Moon Jae-in is set to hold a summit with China's counterpart Xi Jinping on November 11, his Presidential office announced on Friday.

Fri, 10 Nov 2017 09:21:43 GMT

BDI says impossible to reach Brexit deal by 2019

The German biggest industry group BDI stated on Friday that it found impossible for the EU and Britain to seal a comprehensive agreement on the future economic ties by 2019.

Fri, 10 Nov 2017 08:30:38 GMT

South Korea to join US jet carrier drill in November

The South Korea military stated on Friday that it would join a drill with the three US aircraft carrier strike groups, scheduled for November 11-14.

Fri, 10 Nov 2017 08:21:23 GMT

Chinese C919 aircraft makes first long-distance flight

On Friday, the Chinese domestically-built C919 passenger jet has made its first long-distance flight, fully meeting the airworthiness criteria, the COMAC confirmed.

Fri, 10 Nov 2017 07:12:35 GMT

Putin and Trump not to have separate meeting at APEC summit

The White House said the US President Donald Trump and his Russian counterpart Vladimir Putin would not have a separate meeting at the APEC summit due to scheduling conflicts.

Fri, 10 Nov 2017 07:12:16 GMT

EU to make sure Iran nuclear deal is preserved

On Friday, the EU Foreign Policy Chief Federica Mogherini said the 28-country bloc would ensure the Iran nuclear deal is fully implemented.

Fri, 10 Nov 2017 06:10:59 GMT

Kobe Steel to reveal data-cheating investigation results

The Japanese steelmaker Kobe Steel said it was ready to reveal the results of the internal data-cheating investigation on Friday.

Fri, 10 Nov 2017 06:10:17 GMT

Trump lands in Vietnam for APEC summit

On Friday, the US President Donald Trump arrived in Vietnam to participate in the Asia-Pacific Economic Cooperation nations' summit.

Fri, 10 Nov 2017 05:24:06 GMT

Bytedance to acquire Musical.ly for around $1B

On Friday, China's online content platform Bytedance revealed its plans to acquire the lip-sync application Musical.ly for up to $1B.

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