News

Thu, 05 Oct 2017 10:11:22 GMT

KPMG's new CEO in South Africa hopes to enhance ‘disappointing' performance

Nhlamu Dlomu, the new Chief Executive of KPMG in South Africa, explained on Thursday that she would make changes to boost the company's ‘greatly disappointing' performance.

Thu, 05 Oct 2017 09:59:26 GMT

Stocks, Euro await ECB minutes for monetary policy clues

Global stocks were trading at record highs, while the Euro reached a seven-week low this Thursday, as investors were waiting for signals on the ECB ending its loose monetary policy.

Thu, 05 Oct 2017 09:34:27 GMT

Malaysia finds nerve agent VX on Kim Jong Nam suspected murderers

On Thursday, the Malaysian Court announced that traces of a deadly nerve agent VX were found on the shirts of the two women, who are accused of Kim Jong Nam's murder.

Thu, 05 Oct 2017 09:29:47 GMT

Airbus Defence unit freezes capital spending

Airbus Defence froze its capital spending, urging the 34K employees to take drastic measures in an attempt to save cash as the company is facing the prospect of losing 2017 cash targets by millions of euros.

Thu, 05 Oct 2017 08:31:24 GMT

North Korea missile strike on Seoul, Tokyo might kill 2.1M

According to the 38 North website, a potential North Korea's nuclear missile strike on Tokyo and Seoul could claim lives of as many as 2.1M people and injure 7.7M others.

Thu, 05 Oct 2017 08:19:02 GMT

Trump's advisers provide him with Fed Candidates' final list

Donald Trump's aides delivered the US leader a shortlist of the Federal Reserve candidates, ending their search, sources familiar with the issue reported.

Thu, 05 Oct 2017 07:34:57 GMT

UK FRC closes PwC investigation over Barclays audits

The Financial Reporting Council's accounting watchdog stated on Thursday it had closed the investigation into PwC over its Barclays audits.

Thu, 05 Oct 2017 07:15:39 GMT

Bain Capital seeks to list Toshiba's chip unit in few years

The US private equity company Bain Capital stated on Thursday it sought to list Toshiba chip unit on Tokyo Stock Exchange in a few years.

Thu, 05 Oct 2017 06:29:32 GMT

NZ kingmaker to kick off coalition talks with Labour, National parties

The populist election kingmaker of New Zealand Winston Peters is willing to start coalition negotiations on Thursday with the opposition Labour Party and the governing National Party.

Thu, 05 Oct 2017 06:23:44 GMT

Australia to develop photo ID database to track terror suspects

According to the Australian PM Malcolm Turnbull, the country is eager to create a national photo ID database with intention to identify and track terror suspects.

Thu, 05 Oct 2017 05:11:27 GMT

US budget deficit to obstruct Trump's tax reform

The US budget deficit is set to be the main obstacle to the tax cut plans offered by Donald Trump, with one Senate hawk saying that any fiscal gap enlarging could prevent his support.

Thu, 05 Oct 2017 05:09:47 GMT

Australian trade surplus grows to A$989M in August

The Australian Bureau of Statistics reported that the country's trade surplus increased to A$989M in August, while analysts anticipated modest increase to A$875M.

Thu, 05 Oct 2017 04:23:11 GMT

Shares jump 50% in Indonesia's start-up Kioson on debut

Shares of Indonesia's e-commerce start-up PT Kioson Komersial skyrocketed 50% on Thursday amid its trading debut, selling 150M shares at $0.0.2 each in its first public offering to raise $3.3M.

Thu, 05 Oct 2017 04:11:19 GMT

Saudi King visits Moscow on Wednesday

On Wednesday, the Saudi Arabia King Salman arrived in Moscow on his first ever visit to Russia to meet the President Vladimir Putin for talks over global oil market and Syrian conflict.

Thu, 05 Oct 2017 03:21:50 GMT

GM Cruise more than doubles test fleet of self-driving cars in California

Cruise Automation, the General Motor's self-driving unit, stated that it had more than doubled the size of robot cars test fleet in California during the past three months.

Thu, 05 Oct 2017 03:21:19 GMT

Australian retail sales fall sharply in August

Australia's retail sales dropped 0.6% in the month of August, the steepest fall since early 2013, missing analysts' expectations for a 0.3% increase in the reported period.

Thu, 05 Oct 2017 02:02:39 GMT

EU provides $353M to support Libya's government

Johannes Hahn, the EU official, announced that the bloc allocated $353M to help restore security and stability in Libya and its government structures.

Thu, 05 Oct 2017 02:00:16 GMT

Peugeot bets on utility vehicles to boost sales in Brazil

France's car maker Peugeot stated that it focused on utility cars to raise market share in Brazil and is likely to provide the same set of models the company sells in Europe.

Wed, 04 Oct 2017 20:06:49 GMT

Mylan's shares rise, affecting Teva

The US approval of Mylan NV's MS treatment Copaxone, generic version of Teva's blockbuster, drove shares of the drugmaker up 19%, affecting rival's shares.

Wed, 04 Oct 2017 20:05:37 GMT

Google's Alphabet launches new phone and home speakers

Alphabet Inc's Google has launched the second generation of Pixel smartphones and new home speakers enabled by the voice, increasing the commitment to the hardware business.

Wed, 04 Oct 2017 19:08:24 GMT

Air freight's global demand rises 12.1% in August

According to the IATA, air freight demand's growth in 2017 could exceed the present forecast of 7.5%, after reporting 12.1% growth in August driven by the rise in worldwide trade.

Wed, 04 Oct 2017 19:03:49 GMT

Wall Street indexes rise to record highs after Tillerson's statement

The main indexes on Wall Street have scaled the new record highs during the New York session on Wednesday, after Tillerson stated that he had never considered resigning.

Wed, 04 Oct 2017 18:04:01 GMT

US SEC floats possible delay to fund data gathering rules amid hack

The chairman of the US SEC has floated a potential delay to new rules of the fund data gathering, following a hack, which has questioned cyber security controls of the regulator.

Wed, 04 Oct 2017 18:03:04 GMT

Tillerson does not consider resigning

According to NBC News, the US Secretary of State Tillerson stated that he had never thought about resigning and he was always committed to the President's agenda.

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