News

Sat, 24 Jun 2017 02:17:18 GMT

Tesla seeks way to ensure safety

Tesla is searching for ways to ensure that drivers, who use the company's autopilot, still pay attention to the road and keep their hands on the wheel. The efforts come after a Model S river was killed while using Autopilot.

Fri, 23 Jun 2017 20:11:38 GMT

Trump has no intention to fire special counsel Mueller

The US President Donald has no intention to fire Robert Mueller, the special counsel that has been studying allegations of Russia's meddling in the 2016 US election and possible collusion with the Trump campaign. 

Fri, 23 Jun 2017 20:11:10 GMT

Britain's May defends her offer to allow EU citizens stay in Britain after Brexit

Britain's Prime Minister Theresa May defended her proposal to allow millions of EU citizens stay in Britain after Brexit as EU leaders replied coolly to her move in talks on the country's withdrawal.

Fri, 23 Jun 2017 18:55:50 GMT

Tesco to raise store employees wages by 10.5%

Tesco, the UK's biggest private sector employer, plans to raise pay for hourly paid employees by 10.5% over the next two years.

Fri, 23 Jun 2017 18:55:38 GMT

Weak inflation should not delay interest rate hike

Recent inflation weakness is likely to be temporary and it should not postpone another interest rate increase this year, the Cleveland Fed President said.

Fri, 23 Jun 2017 18:17:28 GMT

Fed should delay rate hikes until inflation heads to 2% target

The Fed should delay any further interest rate hikes until there are signs that inflation confidently moves to the central bank's 2% target, the St. Louise President said.  

Fri, 23 Jun 2017 18:11:31 GMT

Fed must hike rates further, Cleveland Fed President says

The Fed should continue hiking interest rates in order to avoid inflation or employment to get out of hand and cause a recession, the Cleveland Fed President said.

Fri, 23 Jun 2017 17:01:27 GMT

EU leaders promise to increase support for Libya

On Friday, EU leaders agreed to enhance support for Libya amid the rising number of illegal immigrants trying to cross the Mediterranean and get into the Europe.

Fri, 23 Jun 2017 17:01:11 GMT

Trump is ready to appoint new US ambassador to India

According sources in the White House, the US President Donald Trump plans to nominate Kenneth Juster as the new US ambassador to India.

Fri, 23 Jun 2017 16:11:17 GMT

Pakistan attack death toll rises to 30

Pakistani police said on Friday that at least 30 people had died in a series of bomb explosions in Quetta and Parachinar.

Fri, 23 Jun 2017 16:10:45 GMT

Stocks rise as Dollar falls

The majority of world stocks rose on Friday amid depreciation of the US Dollar against major currencies, which pushed the oil price upwards. 

Fri, 23 Jun 2017 15:03:32 GMT

BoA lowers US GDP projection to 2.1%

On Friday, the Bank of America decided to change its prognoses and lowered forecast for the US GDP from 2.5% to 2.1%, citing political turmoil and weaker automobile manufacturing. 

Fri, 23 Jun 2017 15:02:47 GMT

Mexican retail sales continue to rise

According to the official data released on Friday, domestic retail sales surged 1.2% in April amid the robust consumer spending. 

Fri, 23 Jun 2017 13:57:19 GMT

Macron tries to mend ties with Eastern Europe

The President of France Emmanuel Macron is meeting four leaders of eastern European Union countries in an effort to fix the ruined relationships after quarreling on various issues in the past.

Fri, 23 Jun 2017 13:56:45 GMT

Infosys cleared of charges

Indian investigators did not find evidence of criminal activity in Infosys. The investigation was conducted due to a whistleblower, who made accusations a day before the company's stockholder meeting.

Fri, 23 Jun 2017 12:59:24 GMT

CIBC and PrivateBancorp deal is finished

The Canadian Imperial Bank of Commerce announced on Friday that the five billion US Dollar deal to acquire PrivateBancorp has been finished. The bank expects to increase its earnings, due to the acquisition, in three years.

Fri, 23 Jun 2017 12:58:50 GMT

Toshiba wants to talk with Western Digital

Toshiba Corp has announced that the company is ready to hold meetings with Western Digital regarding the disputed chip unit sale. The reason for the talks is the fact that Toshiba chose another buyer instead of WD.

Fri, 23 Jun 2017 12:03:31 GMT

Western tech companies accede to share cyber secrets to enter Russian market

Russian authorities pressure Western tech companies to grant access to their product security secrets, thus providing an opportunity to examine system vulnerabilities.

Fri, 23 Jun 2017 12:03:25 GMT

Arab countries give Qatar list of demands to end Gulf crisis

The four Arab states that cut their diplomatic ties with Qatar demand implementation of 13 requirements to end the Gulf Arab crisis, including limiting the country's ties with Iran.

Fri, 23 Jun 2017 11:10:49 GMT

UNHRC opens investigation into Congo crimes

On Friday, the United Nations Human Rights Council began an international investigation into crimes committed in the Kasai region. 

Fri, 23 Jun 2017 11:00:34 GMT

Oil rebounds on Friday, is still set for its worst six-month decline

Oil prices rose by 28 cents on Friday, reaching $45.50 a barrel; nevertheless, oil is still set for its worst six-month decline in two decades due to failure to curb oversupply.

Fri, 23 Jun 2017 10:12:17 GMT

Australia to send military backup to Philippines

On Friday, Australia received an approval from the Philippine government to send two spy planes to help to fight Islamist militants in the Marawi city. 

Fri, 23 Jun 2017 10:11:31 GMT

Hong Kong postpones implementation of capital regulations

On Friday, the Hong Kong Monetary Authority announced its decision to halt implementation of the Fundamental Review of the Trading Book for a year amid a release of the US Treasury report. 

Fri, 23 Jun 2017 09:16:09 GMT

Ford recalls 15K cars in South Africa

In a statement released on Friday, the Ford said that it decided to recall 15,600 Ikon and Figo cars because of the power steering fluid leak, which might lead to a fire. 

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