News

Thu, 09 Nov 2017 14:07:17 GMT

Swiss jobless rate remains on hold

According to the SECO, the unemployment rate in Switzerland remained unchanged at 3.3% in October, fully meeting analysts' expectations for the rate to stay on hold.

Thu, 09 Nov 2017 13:13:15 GMT

Spanish 2018 growth outlook may be revised down

The Prime Minister Mariano Rajoy stated that Spanish 2018 economic growth outlook could be revised down again on the back of the Catalan political crisis.

Thu, 09 Nov 2017 13:13:03 GMT

Ex-Lebanese PM meets EU, UK, US, diplomats

The former Lebanon Prime Minister Saad al-Hariri visited Riyadh to meet France's ambassador to Saudi Arabia and some other European Union, British and United States' diplomats.

Thu, 09 Nov 2017 12:04:13 GMT

UK shell firms ties to 52 money laundering rows

According to Transparency International, Britain's shell firms were involved with 52 money laundering scandals in the past 14 years, involving at least $105B.

Thu, 09 Nov 2017 12:04:01 GMT

Britain's PM May to name new aid minister

On Thursday, Britain's Prime Minister Theresa May is set to assign new aid minister, following Priti Patel's resignation over unauthorised meetings with Israel's officials.

Thu, 09 Nov 2017 10:51:33 GMT

China Energy Investment signs $83.7B deal with West Virginia

China Energy Investment Corp was to invest $83.7B in power, chemical and shale gas projects in West Virginia, the US state reported on Thursday.

Thu, 09 Nov 2017 10:51:17 GMT

Global stocks slow down their record growth on Thursday

The strong upside movement of world stocks lost its momentum on Thursday amid weakening of the Tokyo Stock Price Index and a slow start of European stocks.

Thu, 09 Nov 2017 10:28:25 GMT

Deutsche Telekom lifts outlook after US deal collapse

Deutsche Telekom posted a 3.3% gain in the Q3 core profits and lifted its 2017 guidance, following the collapse of the US merger deal between its T-Mobile unit and Sprint.

Thu, 09 Nov 2017 10:19:06 GMT

South Korea to fine German carmakers over emission violation

South Korea is eager to slap German carmakers Mercedes-Benz, Porsche and BMW with $63.1M fine over breach of emission rules, the Ministry of Environment stated.

Thu, 09 Nov 2017 09:19:55 GMT

South Korea's Moon to deepen ties with Southeast Asia

South Korea's President Moon Jae-in is aimed to strengthen relations with Southeast Asia in an effort to prevent the halt of country's reliance on its trading partners like the US and China.

Thu, 09 Nov 2017 09:04:45 GMT

Catalonia's Parliament speaker to come up for trial

On Thursday, Catalonia's Parliament speaker Carme Forcadell will appear before the Spanish Supreme Court in Madrid to answer charges of sedition and rebellion over the banned independence referendum.

Thu, 09 Nov 2017 08:32:56 GMT

CityFibre, Vodafone tie-up on ultrafast broadband

The UK telecoms giant Vodafone is eager to partner with CityFibre as the companies seek to bring ultrafast broadband in Britain to about 5M homes and business by 2025.

Thu, 09 Nov 2017 08:17:37 GMT

SpaceX plans to launch Turkey's satellites

SpaceX is planning to launch Turkish satellites Turksat 5A and 5B with the Falcon 9 rockets of the Airbus subcontractor, Turkey's Transport Minister stated on Thursday.

Thu, 09 Nov 2017 07:32:55 GMT

New Delhi declares pollution emergency on Thursday

India's capital of New Delhi announced a pollution emergency on Thursday, banning the construction activity and the trucks entry after three days of a toxic smog hung over the city for three days.

Thu, 09 Nov 2017 07:28:55 GMT

Yangkuan, Air Products to build coal-to-syngas factory

China's top coal miner Yangkuan and the US industrial gas supplier Air Products & Chemicals are planning to build a $3.5B coal-to-synthesis gas factory in China.

Thu, 09 Nov 2017 05:51:44 GMT

Toshiba profit more than doubles amid solid memory chip demand

Toshiba reported that the its operating profit more than doubled in the six-month period to September, fuelled by a strong performance of the company's memory chip unit.

Thu, 09 Nov 2017 05:51:09 GMT

Qualcomm signs $12B in China deals due to Trump's visit

Qualcomm signed potential deals with three China's mobile handset producers with total worth nearing $12B, amid Donald Trump's visit to Beijing, aiming to boost US-China trade.

Thu, 09 Nov 2017 04:52:17 GMT

Tencent to collaborate with Snap on games

China's tech company Tencent said that it considering the use of its extended stake in Snap, the owner of Snapchat, to explore cooperation on a news feed and mobile games publishing.

Thu, 09 Nov 2017 04:51:44 GMT

Selling CNN unlikely to fix AT&T deal with Time Warner

The US Justice Department said that sale of cable channel CNN is unlikely to settle antitrust concerns over AT&T deal to purchase media firm Time Warner.

Thu, 09 Nov 2017 04:27:59 GMT

China's consumer inflation at 1.9% in September

Chinese consumer prices growth picked up momentum in September amid higher food prices, showing a 1.9% gain, which was above expectations for a 1.6% increase.

Thu, 09 Nov 2017 04:25:36 GMT

Goldman Sachs, CIC establish US-China industrial cooperation fund

Goldman Sachs and China Investment Corp signed an agreement to set up US-China industrial cooperation fund to support US companies capable of developing business ties with China.

Thu, 09 Nov 2017 03:03:10 GMT

Japan's core machinery orders fall sharply in September

Japanese core machinery orders dropped more than expected 8.1% in September, with companies expecting the fall to persist in Q4, as business investment continues to weaken.

Thu, 09 Nov 2017 03:02:18 GMT

China's insurance premium income grows 21% in nine months

Income from insurance premiums at China's insurers rose 21% in the first nine months of 2017 to $453B, the country's insurance regulator stated.

Wed, 08 Nov 2017 21:06:59 GMT

Quebec to force Netflix to pay sales tax

Quebec would impose the sales tax on the online companies, such as Netflix Inc and has urged the federal government to reconsider their previous decision regarding the mentioned tax.

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