News

Wed, 21 Jun 2017 07:34:38 GMT

US prosecution calls for Martinelli extradition denial

On Tuesday, the US Federal Prosecutors urged a judge to deny the extradition of the ex-Panamian President Ricardo Martinelli.

Wed, 21 Jun 2017 07:29:15 GMT

Suicide bomber shot dead at Belgium railway station

A suicide bomber was shot dead by the guarding troops at the Brussels railway station after he failed to detonate a bomb and hurt anyone.

Wed, 21 Jun 2017 06:20:24 GMT

SoftBank invests $100M in start-up Cybereason

On Wednesday, Cybereason announced that it had secured a $100M funding from Japan's SoftBank as the cyber security start-up aimed to increase distribution channels and develop new technologies.

Wed, 21 Jun 2017 05:51:08 GMT

Honda suspends Japan car plant amid ransomware cyber attack

Honda Motor suspended its manufacturing at the Japanese vehicle plant for one day after finding the WannaCry cyber attack that hit globally in May affected the company's computer network.

Wed, 21 Jun 2017 04:53:31 GMT

New Saudi Crown Prince gets appointed

Mohammed bin Nayef recently left the post of Saudi Crown prince. The position has been taken by Mohammed bin Salman. The change was announced by a royal decree on Wednesday.

Wed, 21 Jun 2017 04:51:47 GMT

Australian central bankers worry about stability

The critical rhetoric of the Reserve Bank of Australia representatives has increased, as the bankers fret financial risks increasing household debt and rising property prices.

Wed, 21 Jun 2017 04:23:44 GMT

US Dollar stops its advance

On Wednesday morning the US Dollar stopped its surge, as the currency retreated from the attained one month high levels against a pool of other currencies. The main reason is believed to be the tumbling crude oil prices.

Wed, 21 Jun 2017 04:23:13 GMT

Head of Tesla's autopilot development quits

The head of Tesla autopilot division, Chris Lattner, has left the company after spending only six months with the car making company. Officially the company has named him as unfit for the position.

Wed, 21 Jun 2017 02:50:13 GMT

US Attorney General unveils 12-city cooperation to combat crime

The US Justice Department launched a 12-city agreement to fight crime within Donald Trump's pledge to assist law enforcement, Attorney General Jeff Sessions revealed.

Wed, 21 Jun 2017 02:50:03 GMT

Italy criticizes EU partners for scarcity of solidarity on migrant issues

Italy revealed that the number of migrants arrived by see rose by a quarter in 2017 and criticized the EU partners who refused to provide asylum.

Wed, 21 Jun 2017 02:16:10 GMT

Ford moves Focus factory to China, relies on low oil prices

Ford Motor revealed that it is likely to move manufacturing of its Focus to China and import the cars to the US, betting on low prices of oil and stable US-China ties.

Wed, 21 Jun 2017 02:15:15 GMT

FedEx expects higher profits for fiscal 2018

FedEx quarterly profits beat market expectations and the company forecasts higher profits for fiscal 2018 supported by an increase in sales throughout its business units.

Wed, 21 Jun 2017 02:00:11 GMT

Ford moves Focus factory to China, relies on low oil prices

Ford Motor revealed that it is likely to move manufacturing of its Focus to China and import the cars to the US, betting on low prices of oil and stable US-China ties.

Wed, 21 Jun 2017 01:59:03 GMT

FedEx expects higher profits for fiscal 2018

FedEx quarterly profits beat market expectations and the company forecasts higher profits for fiscal 2018 supported by an increase in sales throughout its business units.

Tue, 20 Jun 2017 20:00:24 GMT

Canada to increase transparency to protect citizens' privacy

The Canadian government has introduced the legislative oversight panel that would allow security and intelligence agencies to better protect citizens' privacy by increasing transparency.

Tue, 20 Jun 2017 20:00:09 GMT

South Korea urges North Korea to release detainees

South Korea's President Moon urged North Korea to return Americans and South Koreans that had been detained in the reclusive nation as soon as possible.

Tue, 20 Jun 2017 19:10:37 GMT

NAFTA Agriculture Ministers renegotiate trade differences

According to NAFTA Agriculture Ministers, the US, Canada and Mexico had relatively few differences over the agricultural trade that should be resolved.

Tue, 20 Jun 2017 19:00:49 GMT

Italian Leonardo not to cut stake in European MBDA

Italy's Leonardo, defence and aerospace company, would not cut stake in MBDA, European missile group, since this sector in considered to be strategic for the country.

Tue, 20 Jun 2017 18:23:34 GMT

Soros: UK close to tipping point

One of the world's foremost billionaires George Soros said the United Kingdom was close to a breaking point that might see a dramatic slowdown in the economy.

Tue, 20 Jun 2017 18:23:04 GMT

Daimler begins construction of Mercedes-Benz plant in Russia

On Tuesday, the German automotive company Daimler announced it had pressed ahead with the building of a brand new Mercedes-Benz factory in Russia.

Tue, 20 Jun 2017 17:24:27 GMT

Charles Evans concerned about soft inflation

In an interview with CNBC, the President of the Chicago Federal Reserve Bank Charles Evans expressed his concern over the recent weakness in inflation.

Tue, 20 Jun 2017 17:23:59 GMT

GDT Price Index drops 0.8% from previous event

The Global Dairy Trade Price Index plummeted 0.8% to an average selling price of $3,434 per tonne after rising 0.6% at the prior GDT auction.

Tue, 20 Jun 2017 15:58:31 GMT

Amazon to launch new service for Prime customers

Amazon is set to launch a brand new free-of-charge service for Prime customers, which will allow shoppers to get discounts and enjoy more favourable return policies. 

Tue, 20 Jun 2017 15:58:06 GMT

Vatican's Milone steps down from his post

The Vatican reported on Tuesday Libero Milone, the first auditor-general of the Roman Catholic Church headquarters, had unexpectedly resigned having served on the post for 2 years.

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