News

Wed, 05 Jul 2017 17:03:28 GMT

Siemens delivers electricity turbines to Crimea despite EU sanctions

Sources close to the matter reported on Wednesday that several electricity turbines made by Siemens were delivered to Crimea despite the EU's sanctions imposed against this region.

Wed, 05 Jul 2017 17:02:57 GMT

IMF urges G20 to avoid "myopic" policies

On Wednesday, the IMF called for the Group of 20 major economies to work together and avoid "myopic" nationalistic trade policies.

Wed, 05 Jul 2017 16:03:54 GMT

Worldplay agrees to be bought by Vantiv

On Wednesday, Worldplay, the UK's biggest payment processor, said it had agreed to be bought by Vantiv, a credit card technology company based in the US.

Wed, 05 Jul 2017 16:03:31 GMT

UK Labour Party urges government to change Brexit tone

The British Labour Party called for the government to change the harsh tone of the Brexit talks and be more flexible in order to maintain access to the EU's institutions and bodies.

Wed, 05 Jul 2017 14:54:45 GMT

Euro zone retail sales rise in line with forecasts in May

Eurostat reported on Wednesday that retail sales in the 19-country climbed 0.4% in May, following the preceding month's increase of just 0.1% and meeting analysts' forecasts.

Wed, 05 Jul 2017 14:51:46 GMT

US factory orders drop 0.8% in May

The Census Bureau reported that US factory orders dropped 0.8% in May, following the prior month's fall of 0.3% and topping expectations for a 0.5% decline.

Wed, 05 Jul 2017 14:13:13 GMT

Vantiv to clinch $10B acquisition deal with Wordplay

On Wednesday, Wordplay Group agreed to be taken over by the US credit card tech company Vantiv in a deal worth up to $10B.

Wed, 05 Jul 2017 14:07:49 GMT

Germany's Gabriel calls for pact to end terrorism financing

The Foreign Minister of Germany Sigmar Gabriel urged all the Arab Gulf states to sign a deal to prevent financing of terrorism.

Wed, 05 Jul 2017 13:20:32 GMT

China seeks additional foreign investment

The State Council of China stated on Wednesday that the government was aimed to bring in more foreign investments as it sought to treat Chinese and foreign firms on an equal basis.

Wed, 05 Jul 2017 12:05:16 GMT

Airbus signs $23B deal to sell 140 aircraft to China

Europe's Airbus inked a $23B agreement to sell 140 of its jetliners to China on Tuesday during the Chinese leader Xi Jinping visit to Germany.

Wed, 05 Jul 2017 11:54:29 GMT

Manchester Airport evacuates Terminal 3 amid suspect bag

On Wednesday, Manchester Airport's Terminal 3 was evacuated following the suspected issue with a bag found in the building.

Wed, 05 Jul 2017 11:22:29 GMT

Alibaba introduces its first cut-price voice assistant

The Chinese sales giant Alibaba Group launched its first low-cost voice assistant speaker "Tmall Genie" for the price of $73.42; a cheap alternative to its Amazon and Google counterparts' speakers.

Wed, 05 Jul 2017 11:21:50 GMT

Vehicle-sharing service Zipcar to leave Austria

Auto group Avis's vehicle-sharing service Zipcar announced about its exit from the Austrian market by August 6 amid its inability to compete with Daimler's Car2Go and BMW's DriveNow services.

Wed, 05 Jul 2017 10:12:50 GMT

Arabs meet to discuss Qatar

Arab states were set to meet on Wednesday in Cairo to discuss the response of Qatar to the ultimatum, which was sent to the country by the Arab states.

Wed, 05 Jul 2017 10:12:01 GMT

Russia sets high hopes for Trump-Putin meeting

On Wednesday the Kremlin announced that they have high hopes that the meeting of Vladimir Putin and Donald Trump will establish a dialogue between Russia and the US.

Wed, 05 Jul 2017 09:30:17 GMT

Trials on downing of MH17 jet to take place in Netherlands

According to the Dutch Foreign Minister, the trials over downing of the MH17 passenger plane in Ukraine in 2014 will be held in the Netherlands under the country's law.

Wed, 05 Jul 2017 09:11:32 GMT

Thai assembly members quit to prepare to contest elections

Over a dozen of Thailand assembly's members resigned ahead of a constitutional deadline on July 4 amid lawmakers' intention to run in the next Parliamentary election.

Wed, 05 Jul 2017 08:30:55 GMT

China calls North Korea to comply with UN resolutions

The Foreign Ministry of China urged North Korea to stop violating the UN Security Council resolutions after North Korea's statement that its ICBM could have a large nuclear warhead.

Wed, 05 Jul 2017 08:16:19 GMT

Baidu to tie-up with TomTom on maps for computer-aided driving

On Wednesday, the Dutch navigation leader TomTom clinched a deal with China's Internet firm Baidu with intention to cooperate on digital maps that are used for computer-aided driving.

Wed, 05 Jul 2017 07:34:13 GMT

Ukrainian police blocks second cyber attack

Ukraine's Interior Minister Arsen Avakov stated on Wednesday that the cyber police managed to prevent another cyber attack against the country.

Wed, 05 Jul 2017 07:23:04 GMT

Ericsson CEO not to run for re-election

On Wednesday, Chief Executive of the Sweden mobile equipment company Ericsson Leif Johansson declared he was not willing to stand for re-election at the firm's AGM next year.

Wed, 05 Jul 2017 06:32:14 GMT

Nokia, Chinese Xiaomi clinches patent deal

On Wednesday, telecoms network equipment manufacturer Nokia and China's handset maker Xiaomi Tech stated that they had closed a patent license agreement following the firms' intention to cooperate.

Wed, 05 Jul 2017 06:22:21 GMT

Turkey lifts electronics ban on US flights

According to the Dogan news outlet, Turkey lifted an electronics ban on flights to the United States as scheduled on Wednesday.

Wed, 05 Jul 2017 04:51:54 GMT

Governor of Tokyo wants to ban smoking before 2020 Olympics

The governor of Tokyo Yuriko Koike has announced plans to propose a law that will ban smoking publicly before the 2020 Summer Olympics. A similar law was not passed by national politician in spring.

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