News

Wed, 04 Oct 2017 04:24:29 GMT

Mattis will make another attempt with Pakistan

The Defence Secretary of the US Jim Mattis on Tuesday announced that the United States will try again to collaborate with Pakistan in the territory of Afghanistan.

Wed, 04 Oct 2017 04:22:58 GMT

Honda CEO schedules press conference

Honda Motor CEO Takahiro Hachigo will hold a press conference at 06:30 GMT on Wednesday. However, the topic of the conference has not been revealed.

Wed, 04 Oct 2017 03:19:36 GMT

World Bank raises East Asia growth projections for 2017, 2018

The World Bank raised expectations for the economic growth in East Asia and Pacific for 2017 and 2018 years, but saw the outlook clouded due to geopolitical tensions and trade protectionism.

Wed, 04 Oct 2017 03:18:52 GMT

Two Nissan plants raided over improper vehicle checks

Japanese Transport Ministry stated that it conducted raids at two factories producing Nissan cars, as part of investigation on unauthorised vehicle inspections.

Wed, 04 Oct 2017 01:48:59 GMT

Ford to slash costs $14B, invest in electric cars, trucks

Ford Motors is set to cut $14B in costs over the course of the next five years, while shifting capital investment from sedans to hybrid and electric cars and more trucks' development.

Wed, 04 Oct 2017 01:48:03 GMT

Japanese service sector's growth slows in September

The Japan Services PMI dropped to a seasonally adjusted 51.0 in September, indicating the slowest pace of expansion in 11 months, as new orders growth eased in the reported period.

Tue, 03 Oct 2017 19:57:19 GMT

France approves anti-terrorism legislation

The French National Assembly approved counter-terrorism legislation that empowers police at times when a terror threat is considered to be extreme.

Tue, 03 Oct 2017 19:52:40 GMT

Goldman Sachs keeps open mind on bitcoin

The CEO of Goldman Sachs said that he kept an open mind on bitcoin following a media report that the investment bank was studying a new trading operation dedicated to cryptocurrencies.

Tue, 03 Oct 2017 18:52:14 GMT

Bitcoin to skyrocket 40% by year end

Bitcoin is expected to rally 40% to reach $6,000 by the year end, but investors should be prepared for elevated volatility. 

Tue, 03 Oct 2017 18:52:01 GMT

Britain's May assures Brexit would not mean hard border with Ireland

The UK Prime Minister Theresa May assured that the government would do its best to help to restore Northern Ireland's power-sharing government, adding that Brexit would not mean the return of a hard border between the British province and Ireland.

Tue, 03 Oct 2017 18:07:24 GMT

Saudi leader heads to Russia to discuss cooperation on oil production

The leader of Saudi Arabia heads to Russia to discuss collaboration on oil production, and differences over Syria and Iran, as well as to sign a number of investment deals.  

Tue, 03 Oct 2017 18:00:19 GMT

Amazon to pay millions of euros to Luxembourg

Amazon is expected to receive an order from the EU regulators to pay Luxembourg millions of euros in back taxes, the latest international company to be hit by an EU crackdown on unfair tax deals. 

Tue, 03 Oct 2017 17:15:29 GMT

US top military official states Pakistan's ISI has links with Islamist groups

The Marine Corps General Joseph Dunford stated on Tuesday that Pakistan's spy agency, the Inter-Services Intelligence, had links with Islamist groups.

Tue, 03 Oct 2017 17:00:05 GMT

Elderly Greeks march against pension cuts

Hundreds of elderly Greeks took the streets of the city of Athens on Tuesday to protest against deeper pension cuts.

Tue, 03 Oct 2017 16:14:28 GMT

Hurricanes lift General Motors' sales

General Motors reported on Tuesday that its auto sales surged 12% year-over-year in September, boosted by higher sales in the storm-hit areas.

Tue, 03 Oct 2017 16:00:51 GMT

GDT Price Index falls 2.4%

Dairy product prices dropped 2.4% at Tuesday's Global Dairy Trade auction in New Zealand, following a rise of 0.9% posted at the preceding auction.

Tue, 03 Oct 2017 14:52:49 GMT

Euro zone industrial producer prices up 0.3% in August

According to the data released by Eurostat, the Euro area's Producer Price Index advanced 0.3% over the course of August.

Tue, 03 Oct 2017 14:52:24 GMT

UK construction slips in contraction territory

Markit reported on Tuesday that its PMI for the UK's construction sector slipped into the contraction territory for the first time since Brexit, coming in at 48.1 in September.

Tue, 03 Oct 2017 14:31:59 GMT

EU agrees to guard against cheap China imports

On Tuesday, the European Union agreed on new rules to limit cheap Chinese imports, putting an end to a 18 months' dispute over trade relationships with Beijing.

Tue, 03 Oct 2017 14:22:22 GMT

Slack secures partnership with Oracle

Slack Technologies has locked down a partnership with Oracle, aiming to integrate its enterprise software products into the workplace messaging app.

Tue, 03 Oct 2017 13:32:56 GMT

Berkshire Hathaway to buy 38.6% stake in Pilot Flying J

Berkshire Hathaway stated on Tuesday it would invest in a truck stop operator Pilot Flying J, eventually taking a 38.6% controlling stake and deepening its commitment to the US economy.

Tue, 03 Oct 2017 13:09:08 GMT

Catalans stage out protests over referendum violence

On Tuesday, 15K demonstrators staged out protests in Barcelona over police violence during the disputed referendum on Catalonia's independence, stopping traffic and causing school and university shutdowns.

Tue, 03 Oct 2017 12:27:09 GMT

Ireland to ask bloc's top court to rule on US-EU data transfers

The High Court of Ireland is eager to ask Europe's top court to rule on whether to bar the way in which social media companies like Facebook transfer data of its users to the US.

Tue, 03 Oct 2017 12:11:38 GMT

Fiat Chrysler revokes 646K SUVs amid break issue

Fiat Chrysler recalled around 646K SUVs in the US with intention to check proper installation of the shields, which protect brake boosters.

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