News

Fri, 03 Nov 2017 10:27:55 GMT

Catalan jobless rate surges amid political crisis

The unemployment rate in Catalonia skyrocketed 3.67% to 12.54%, driven by the political crisis in the wealthy Spanish region.

Fri, 03 Nov 2017 10:16:49 GMT

Syria proclaims victory over IS in Deir al-Zor

On Friday, Syria's government declared a victory over the jihadists group Islamic State in Deir al-Zor, crumbling the militants' stronghold in the country.

Fri, 03 Nov 2017 09:26:19 GMT

Sprint, T-Mobile cooperate to salvage merger

T-Mobile and Sprint are cooperating to save their $74B merger, aiming to reach a deal in a few weeks, according to the Wall Street Journal.

Fri, 03 Nov 2017 09:22:37 GMT

GSK's R&D chief Vallane to quit for UK government job

The Research and Development head of GlaxoSmithKline Patrick Vallance will leave the company to become a new chief scientific adviser of the British government.

Fri, 03 Nov 2017 08:32:10 GMT

Taiwan President travels to Guam despite China's ire

Taiwanese President Tsai Ing-wen visited the US Pacific island Guam on Friday, despite China's objections over the trip.

Fri, 03 Nov 2017 08:29:06 GMT

Automakers to build out pan-European charging network

The carmakers Ford, Daimler, BMW and VW stated on Friday they had formed the IONITY joint venture, aiming to launch a pan-European charging station network for e-vehicles by 2020.

Fri, 03 Nov 2017 07:32:59 GMT

Ex-Pakistani PM attends anti-corruption trial on Friday

The former Pakistani Prime Minister Nawaz Sharif appeared in the court on Friday to face the corruption charges that had been filed against him regarding the London properties his family owns.

Fri, 03 Nov 2017 07:30:09 GMT

Trump resumes calls for death penalty for NY truck attacker

On Thursday, the US President Donald Trump renewed his calls for a death penalty against the suspected truck attacker in the New York City, who claimed lives of eight people.

Fri, 03 Nov 2017 06:10:54 GMT

China and Vietnam reach agreement on South China Sea dispute

According to a senior Chinese diplomat, Hanoi and Beijing have managed to reach an agreement over the ongoing South China Sea dispute.

Fri, 03 Nov 2017 06:09:53 GMT

CBS posts disappointing third-quarter revenue

CBS, an American mass media corporation focused on commercial broadcasting, reported a worse-than-expected third-quarter revenue, as ad sales declined.

Fri, 03 Nov 2017 05:26:23 GMT

People queue in Sydney to buy new iPhone X

Early on Friday, hundreds started lining up outside Apple's store in Sydney to be among the first to purchase the new iPhone X.

Fri, 03 Nov 2017 05:25:45 GMT

Apple's Cook: iPhone X ready for holiday shopping season

Apple's CEO Tim Cook put an end to a rumour that the company's flagship iPhone X would not be delivered in time for the Christmas shopping season.

Fri, 03 Nov 2017 04:31:50 GMT

Amazon to stop Fresh grocery deliveries in some cities

Amazon said that it is set to discontinue providing its Fresh delivery services in the selected cities, but the company continues to operate in a dozen other areas.

Fri, 03 Nov 2017 04:30:47 GMT

Starbucks diminishes profit expectations

Starbucks announced that the company trimmed its profit forecasts and posted weak quarterly sales, after being squeezed by competitors, including low-price McDonald's.

Fri, 03 Nov 2017 03:02:30 GMT

China's services sector expands modestly in October

Chinese services PMI picked up slightly to 51.2 points in October, indicating the subdued growth in new orders and weaker activity in the reported period.

Fri, 03 Nov 2017 03:01:04 GMT

Australian retail sales flat in September

The Australian Bureau of Statistic said that the country's retail sales were unchanged in September, as consumers curbed spending due to high utility bills and stagnant pay growth.

Thu, 02 Nov 2017 17:18:22 GMT

US Ryan says tax plan to create better climate for business

The US House Speaker Paul Ryan said on Thursday that the Republican tax plan was set to create a better climate for the country's businesses.

Thu, 02 Nov 2017 17:17:00 GMT

Iceland's President wants Left-Greens leader to form government

On Thursday, the President of Iceland asked the Left-Green Movement leader Katrín Jakobsdóttir to form a new parliament.

Thu, 02 Nov 2017 16:25:57 GMT

US natural gas supplies up 65B cubic feet last week

According to the data released by the US Energy Information Administration, the domestic natural gas supply increased by 65B cubic feet in the week ended October 27.

Thu, 02 Nov 2017 16:24:13 GMT

US unit labour costs in line with expectations

The US Bureau of Labour Statistics said unit labour costs in the non-farm business sector were up 0.5% in the third quarter of 2017, matching analysts' forecasts.

Thu, 02 Nov 2017 15:34:46 GMT

US worker productivity jumps in Q3

The Labour Department stated that the US nonfarm productivity accelerated gains at 3.0% yearly rate, the fastest pace in three years, while overall growth trend remained moderate.

Thu, 02 Nov 2017 15:33:44 GMT

Audi to recall 5K cars for emissions software fix

Audi is likely to recall 5K diesel cars in Europe to fix an emissions control software, as the company discovered the cars emitted too much of nitrogen oxide.

Thu, 02 Nov 2017 14:20:15 GMT

TripAdvisor to provide food delivery service in Europe

TripAdvisor is expected to offer food delivery in nine EU countries under the companies' deal with Takeaway.com, the Dutch online food delivery firm.

Thu, 02 Nov 2017 14:19:18 GMT

Bank of England raises rates to 0.50%

The Bank of England made an key interest rate hike to 0.50% from 0.25%, suggesting further increases to be gradual, mainly driven by the outcome of Brexit talks.

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