News

Tue, 07 Nov 2017 13:28:53 GMT

France calls EU to curb tax shelter states' international funding

On Tuesday, France called the European Union to cut international funding of countries providing tax shelters, after a huge document leak that showed tax affairs of some famous people.

Tue, 07 Nov 2017 13:16:21 GMT

Ride-hailing apps team up to ban regulation in Brazil

Uber Technologies and other ride-hailing services joined their forces to form an alliance in Brazil to stem a tide of regulation that threatens their way to do business in the rapidly-growing market.

Tue, 07 Nov 2017 12:25:16 GMT

Nokia to trial 5G tech in collaboration with Vodacom

Finland's network equipment producer Nokia has joined Vodacom to trial the 5G technology in South Africa, seeking to provide better data delivery, both firms announced on Tuesday.

Tue, 07 Nov 2017 12:20:23 GMT

Toyota posts outlook for full-year operating profit

Toyota reported on Tuesday it was expecting a jump in its full-year operating profit to $17.4B, driven by a positive currency impact.

Tue, 07 Nov 2017 11:34:55 GMT

Iran urges Europeans to strengthen business ties

On Tuesday, a senior Iranian official urged Europeans to determine how they will react if the United States decides to quite from the Joint Comprehensive Plan of Action and asked them to do more to attract international banks back to the country.

Tue, 07 Nov 2017 11:30:52 GMT

China to buy more US soybeans

According to a US official, Beijing will pledge to purchase more American soybeans during the US President Donald Trump's visit to China this week.

Tue, 07 Nov 2017 10:31:43 GMT

Aeroflot consider ordering Boeing, Airbus jets

Russia's airline carrier Aeroflot is thinking over a "sizeable" order of the Airbus A320neo family and the Boeing 737 MAX narrow-body jets to replace about 200 older aircraft.

Tue, 07 Nov 2017 10:06:09 GMT

Microsoft, India's Ola tie-up over connected car platform

Microsoft has inked collaboration with the Indian ride-hailing firm Ola over intention to build a connected vehicle platform, and aiming to take it to car producers globally.

Tue, 07 Nov 2017 09:19:49 GMT

Broadcom, Qualcomm deal likely to face scrutiny in China

According to an antitrust lawyer, China is seen to closely scrutinise Broadcom merger deal with Qualcomm, on the back of Beijing's strategic push into semiconductors.

Tue, 07 Nov 2017 09:08:15 GMT

Japan to introduce extra sanctions on North Korea

Japan is eager to punish North Korea with additional sanctions, amid continuing threats posed by its nuclear and missile programmes.

Tue, 07 Nov 2017 08:26:39 GMT

Lebanese Hariri arrives in UAE after resignation

On Tuesday, the Lebanon Prime Minister Saad al-Hariri visited the United Arab Emirates for a meeting with the Abu Dhabi Crown Prince, following his resignation in Saudi Arabia.

Tue, 07 Nov 2017 08:16:29 GMT

Lyft's COO to step down by year end

Lyft's Chief Operating Officer Rex Tibbens is eager to quit by this year's end, as the US ride-hailing firm aims to hire an advisory company for its proposed IPO.

Tue, 07 Nov 2017 07:31:45 GMT

Saudi Arabia accuses Lebanon of declaring war

On Monday, Saudi Arabia accused Lebanon of declaring war on it amid aggression by the Iranian-backed Lebanon Shi'ite group Hezbollah.

Tue, 07 Nov 2017 07:27:24 GMT

Egypt's Sisi not to seek third term

The President of Egypt Abdel Fattah al-Sisi stated that he was not eager to stay at his position for a third term, as he did not seek to change constitutional provision of the two-term Presidential limit.

Tue, 07 Nov 2017 06:12:52 GMT

US Navy to start show of force as Trump visits Asia

According to US official, three American aircraft carrier strike groups will hold joint drills with the Japanese destroyer Inazuma in the Western Pacific, as Donald Trump conducts his Asian tour and tries to resolve the North Korean problem.

Tue, 07 Nov 2017 06:12:27 GMT

Indonesia to summon messaging companies

Indonesian authorities said on Tuesday they would summon counsellors of search engines and messaging services to demand to delete indecent content, such as GIF images in the WhatsApp Messenger.

Tue, 07 Nov 2017 05:30:02 GMT

Trump arrives in South Korea

On early Tuesday, the US President Donald Trump arrived in South Korea to discuss with President Moon Jae-in possible resolution of the North Korean crisis.

Tue, 07 Nov 2017 05:25:56 GMT

US, Japan, India hold joint navy drills

The USS supercarrier Ronald Reagan participated in three-day drills with one Japanese destroyer and two Indian warships in the Sea of Japan, the Japan's Maritime Self Defence Force reported in a press release.

Tue, 07 Nov 2017 03:55:07 GMT

Siemens Gamesa to cut 6K jobs

Siemens Gamesa, the second largest wind turbines maker, announced that it is set to cut 6K positions worldwide, as the company expects sales to plunge next year.

Tue, 07 Nov 2017 03:54:25 GMT

BRC: British retailers face worst October since 2008

The UK retail spending dropped in October at the fastest pace since 2008, as customers curbed non-food purchases due to higher inflation, the BRC survey showed.

Tue, 07 Nov 2017 03:01:20 GMT

Google, Salesforce establish cloud partnership

Salesforce.com, the cloud-base software producer, said that the company started to cooperate with G Suite, Google's cloud platform, to support rapid increase in global customer base.

Tue, 07 Nov 2017 02:59:07 GMT

Japan unlikely to use FTA to resolve trade imbalance with US

Japan's Finance Minister Taro Aso stated that Japan is unlikely to enter the Free Trade Agreement with the US, as a means to resolve trade imbalance of two countries.

Mon, 06 Nov 2017 20:57:30 GMT

Ross to sell his stake in Russian company

The Commerce Secretary Wilbur Ross reported that he would probably sell his stake in Russia's energy company Sibur.

Mon, 06 Nov 2017 20:56:14 GMT

21st Century Fox holds sale talks with Disney

Sources close to the matter reported on Monday that 21st Century Fox held talks to sell most of the company to Walt Disney.

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