News

Sat, 22 Jul 2017 12:57:12 GMT

Wells Fargo requested to reinstate branch manager, pay $577,5K

Wells Fargo was ordered to reinstate a branch office manager, which was fired after trying to raise concerns on the bank's rising sales scandal in 2011, and pay $577,5K in back wages.

Sat, 22 Jul 2017 12:17:26 GMT

Chinese energy structure keeps improving

Chinese energy structure continued to optimize in the first half of this year as the government's campaign for greener expansion led to more clean energy consumption.

Sat, 22 Jul 2017 12:16:26 GMT

Britain to regulate use of drones

The UK officials announced plans for tighten rules on the use of drones, aiming to prevent accidents and diminish threats to aircrafts.

Sat, 22 Jul 2017 10:51:07 GMT

Siemens says Russia sent turbines to Crimea

Germany's Siemens reported that at the equipment shipped to Russia was re-routed to the sanctioned island of Crimea.

Sat, 22 Jul 2017 10:50:58 GMT

Tourist spending in Britain surges 18% in June

Tourist spending in the UK jumped 18% last month as overseas visitors took advantage of the weak British Pound, according to the country's largest payment processor Worldplay.

Sat, 22 Jul 2017 10:10:08 GMT

Widodo gives authorization to shoot drug traffickers

In a speech delivered to one the local political parties the Indonesian President Joko Widodo urged police officers to shoot drug dealers and traffickers in the framework of the fight against drug distribution.

Sat, 22 Jul 2017 10:08:35 GMT

Another three men killed in West Bank

At least three Israelis are reported to be stabbed to death in a village near Ramallah in the West Bank. The Israeli army claims the perpetrator was shot and captured.

Sat, 22 Jul 2017 09:06:54 GMT

Syrian army continues border offensive

According to media reports, Lebanon's Hezbollah together with the Syrian army continue to successfully attack Sunni militants along the Syria-Lebanon border.

Sat, 22 Jul 2017 09:00:35 GMT

Philippine parliament extends martial law

On Saturday, the Philippine parliament prolonged martial law in island of Mindanao until the end of 2017 to allow the army to fight Islamic terrorists.

Sat, 22 Jul 2017 08:10:19 GMT

Nikkei: Mercari applies for IPO

According to the Nikkei business daily, the mobile marketplace application Mercary has applied to list its stock with the Tokyo Stock Exhcange.

Sat, 22 Jul 2017 08:01:45 GMT

East Timor holds parliamentary elections

On Saturday, East Timor holds fourth parliamentary election since restoring independence from Indonesia in 2002. 

Sat, 22 Jul 2017 07:07:05 GMT

Chinese naval fleet arrives in Baltic sea for joint drill with Russia

The Chinese military fleet reached the Baltic sea for a joint drill with the Russian fleet scheduled in late July.

Sat, 22 Jul 2017 07:04:10 GMT

Turkish President visits Gulf countries

The Turkish President Recep Tayyip Erdogan went on a two day tour to Gulf countries in attempt to resolve the crisis in the region.

Sat, 22 Jul 2017 05:59:13 GMT

US asks Myanmar to end military ties with North Korea

The Trump administration asked Myanmar to end any remaining military links with North Korea during a visit to the country.

Sat, 22 Jul 2017 05:58:08 GMT

US Tillerson calls to lift Qatar blockade

The US Secretary of State Rex Tillerson calls to lift blockade of Qatar, saying the US is satisfied with efforts Doha performs to combat terrorism.

Sat, 22 Jul 2017 05:17:15 GMT

Trump requests Iran to release detained Americans

Iran faces "new and serious consequences" unless it releases detained Americans, the US President Donald Trump says.

Sat, 22 Jul 2017 05:16:10 GMT

Emir of Qatar calls for dialogue to resolve crisis

The Emir of Qatar Sheikh Tamim bin Hamad al-Thani calls for a dialogue to resolve a political blockade of the nation by neighbouring countries.

Sat, 22 Jul 2017 03:55:50 GMT

Siemens to halt delivering equipment to Russian entities

Siemens is set to stop delivering power generation equipment to Russia's state-controlled firms after the company's four gas turbines were modified and moved to Crimea.

Sat, 22 Jul 2017 03:52:39 GMT

US Democrats urge Amazon's Whole Foods deal review

Democrats in the US Congress urged the Federal Trade Commission and Department of Justice to conduct an in-depth review of Amazon's plan to buy Whole Foods.

Sat, 22 Jul 2017 03:02:37 GMT

JPMorgan, Deutsche Bank to pay $148M to end US yen Libor cases

JPMorgan and Deutsche Bank agreed to pay $148M in total to end US antitrust litigation claiming the banks conspired with others to manipulate the Euroyen Tibor and yen Libor interest rates.

Sat, 22 Jul 2017 03:01:43 GMT

US fines Delta, Frontier and American for violating consumer rules

The US Transportation Department fined Delta Airlines $200K, Frontier Airlines $400k and American Airlines $250K for department's consumer protection rules violations.

Sat, 22 Jul 2017 02:11:49 GMT

EU, Algeria to implement $233M worth economic projects

The European Union and Algeria are set to implement partnership projects totalling $233M in attempt to diversify the country's economy and enhance business climate.

Sat, 22 Jul 2017 02:10:49 GMT

Bank of America sees Dublin as place for post-Brexit EU entity

Bank of America confirmed Dublin as a location for it EU legal entities after Brexit, aiming to move market operations and investment banking to the Irish capital.

Fri, 21 Jul 2017 20:10:44 GMT

Palestina terminates all official contacts with Israel

On Friday, the Palestinian President Mahmoud Abbas ordered to end all official contacts with Israel in protest against the latest security measures in Jerusalem.

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