News

Mon, 18 Sep 2017 12:32:38 GMT

Northrop Grumman to acquire missile maker Orbital

The US defence contractor Northrop Grumman is eager to buy rocket and missile maker Orbital ATK for around $7.8B, giving the firm access to lucrative deals with the US Army and NASA.

Mon, 18 Sep 2017 12:22:59 GMT

Iceland to hold snap election on October 28

Iceland has set the snap Parliamentary election for October 28, the country's President Gudni Johannesson stated on Monday, following the collapse of the current government last week.

Mon, 18 Sep 2017 11:14:06 GMT

Bundesbank expects decrease in German inflation

According to the Bundesbank, Germany's price growth is likely to slow down in the autumn period amid the sharp increases' "base effects" last year; however, core inflation is expected to lift up slightly.

Mon, 18 Sep 2017 11:13:57 GMT

Italian trade balance surprises markets

Istat reported on Monday that the Italian trade surplus widened to €6.56B in July, compared to the prior month's €4.50B and topping analysts' expectations for a drop to €3.89B.

Mon, 18 Sep 2017 10:12:34 GMT

China to protect IP rights of foreign investors

The Commerce Ministry of China disclosed on Monday its plan for a four-month crackdown intended to secure intellectual property rights of foreign investors.

Mon, 18 Sep 2017 09:54:36 GMT

Haley says UNSC has exhausted options against North Korea

The US Ambassador to the United Nations Nikki Haley said that the UN Security Council was lacking tools to limit North Korea's nuclear program.

Mon, 18 Sep 2017 09:34:38 GMT

China sees EU decision on solar panel as "positive step"

Chinese Commerce Ministry stated that the bloc's decision to reduce the minimum price of the imported China's solar panels was a "positive step" for market normalisation.

Mon, 18 Sep 2017 09:30:29 GMT

Hackers compromise CCleaner free software

On Monday, the UK cyber-security company Piriform stated that hackers broke into its free software CCleaner and installed a malicious programme that could let them to control about 10M devices.

Mon, 18 Sep 2017 08:34:40 GMT

Hiscox expects $150M net claims amid Hurricane Harvey

Hiscox announced that it expected about $150M of net claims based on the $25B insured market loss from the Hurricane Harvey.

Mon, 18 Sep 2017 08:29:39 GMT

UK police arrest another suspect in London train blast

Second suspect in the London train explosion that left at least 30 people injured has been arrested by the UK police under the country's terrorism laws on Saturday.

Mon, 18 Sep 2017 07:33:59 GMT

North Korea's fuel prices jump amid UN sanctions

According to the market data, diesel and gasoline prices soared dramatically in North Korea, following the UN imposed sanctions that are capping fuel supply.

Mon, 18 Sep 2017 07:24:01 GMT

UK companies seek three-year Brexit transitional deal

The majority of the UK businesses, including Centrica and BT, called for a three-year Brexit transitional deal as the companies seek to protect jobs in the EU and Britain.

Mon, 18 Sep 2017 06:08:17 GMT

Rights group asks for sanctions against Myanmar military

In a response to an attack that forced 410K Rohingya Muslims to flee to Bangladesh, a rights group urged for sanctions and weapon embargo against Myanmar military.

Mon, 18 Sep 2017 06:07:26 GMT

Russia and China begin naval exercises near North Korea

On Monday, Russia and China began naval exercises close to North Korea, just ahead of the UN General Assembly meeting later this week.

Mon, 18 Sep 2017 05:10:21 GMT

Canada's Unifor union members on strike at GM Ontario plant

Having failed to reach an agreement with General Motors, Canada's Unifor union members went on a strike at the company's Ontario plant.

Mon, 18 Sep 2017 05:09:00 GMT

China to strengthen foreign investment risks control

On Monday, the Chinese insurance regulator said the state was ready to step up its foreign investment risks and insurance funds' capital flows supervision.

Mon, 18 Sep 2017 04:20:00 GMT

Space official promoted to People's Liberation Army's chief

On Monday, the Chinese military said a senior space official had been promoted to the position of the leader of the People's Liberation Army's main equipment development department.

Mon, 18 Sep 2017 04:19:08 GMT

Australian motor vehicle sales unchanged in August

According to the data released by the Australian Bureau of Statistics on Monday, the country's motor vehicle sales were flat over the course of August.

Mon, 18 Sep 2017 02:53:29 GMT

GM and China JV to recall 2.5M cars over faulty airbags

General Motors and Shanghai GM, the company's joint venture in China, are set to recall nearly 3.5M vehicles due to faulty Takata airbags.

Mon, 18 Sep 2017 02:52:33 GMT

Northrop Grumman close to deal of buying Orbital

Northrop Grumman neared a deal to purchase Orbital, an acquisition which is expected to provide Northrop nearly $4.4B yearly revenue due to Orbital's contracts with NASA and the US Army.

Mon, 18 Sep 2017 02:04:10 GMT

US Tillerson and Russia's Lavrov likely to meet on Sunday

Rex Tillerson, the US Secretary of State, and Russian Foreign Minister Sergey Lavrov are expected to meet on Sunday aside from the UN General Assembly meeting.

Mon, 18 Sep 2017 02:02:09 GMT

Snap to remove Al Jazeera channel in Saudis

Snap announced that it was asked by the government of Saudi Arabia to remove Discover Publisher channel of Al Jazeera in the country due to local laws' violation.

Sun, 17 Sep 2017 20:03:09 GMT

British Cabinet accuses Johnson of Brexit "backseat driving"

British Foreign Minister was accused of Brexit "backseat driving" by the Cabinet colleagues after Johnson has announced his vision of the UK's future after Brexit. 

Sun, 17 Sep 2017 20:02:48 GMT

Qatar to purchase 24 jets from Britain's BAE Systems

Qatar's Defence Minister stated that the country was willing to purchase 24 Typhoon jets from British BAE Systems after other Gulf countries cut diplomatic links with Qatar.

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