News

Wed, 21 Jun 2017 20:17:34 GMT

Italian tax police seek five lenders in diamond sales inquiry

Italy tax police seized papers from offices of five banks in a probe over fraud related to the high-quality investment diamonds distribution to bank clients.

Wed, 21 Jun 2017 20:15:50 GMT

Ukraine to sign defence deals with US soon

Petro Poroshenko, the Ukrainian President, stated after meetings in Washington that the US and Ukraine are likely to sign a set of agreements to boost defence cooperation.

Wed, 21 Jun 2017 19:04:47 GMT

Fed's Harker expects trimming balance sheet in September

Philadelphia Fed President Patrick Harker revealed that the US Central Bank is likely to begin reducing balance sheet in September and defer rate hike until December.

Wed, 21 Jun 2017 19:03:42 GMT

Saudi Crown Price and Trump discuss Qatar, terror financing

Donald Trump congratulated Saudi Arabia's new Crown Prince on his elevation and discussed how to resolve Qatar issue and cut financial support for terrorists.

Wed, 21 Jun 2017 14:09:21 GMT

EU likely to agree on sanctions extension for Russia

On Wednesday, Germany's senior official stated that the European Union would likely to extend the sanctions imposed against Russia as the bloc's order term would expire in July.

Wed, 21 Jun 2017 13:53:28 GMT

Central African town death toll may exceed 100

At least 100 people may have been dead amid clashes between rival factions on Tuesday in the Central African town Bria.

Wed, 21 Jun 2017 13:25:20 GMT

Intel to cooperate with Israeli Team8 on cyber security

Intel Corp. formed a strategic alliance with the Israeli start-ups creator Team8 as two companies aim to focus on cyber security protection and problems.

Wed, 21 Jun 2017 12:33:48 GMT

French MoDem ministers' resignation simplifies things: Castaner

The French government spokesman Christophe Castaner stated that the MoDem party ministers' resignation would "simplify things" following a scandal the MoDem party got embroiled in over public funding misuse.

Wed, 21 Jun 2017 12:21:29 GMT

China to boost GDP services share to 60% by 2025

According to the NDRC, China seeks to increase its service sector share of total GDP to 60% by 2025 as it would help the country to upgrade and balance its economy.

Wed, 21 Jun 2017 11:33:40 GMT

China attempts to resolve North Korea crisis

China stated that it was making unremitting attempts on North Korea's nuclear crisis after the US President Donald Trump announced that Beijing failed to convince Pyongyang to keep a tight rein on its missile programme.

Wed, 21 Jun 2017 11:26:24 GMT

French music fest to go on despite Brussels incident

According to the French government, the annual street music festival will go ahead despite Tuesday's failed attack in Brussels and several other terrorist incidents.

Wed, 21 Jun 2017 10:24:37 GMT

El Al Israel Airlines will buy more Dreamliners

Three more Boeing 787 Dreamliners are set to be bought by El Al Israel Airlines. The total sum of the deal is more than 729 million US Dollars. This brings the total number Israeli ordered 787s to sixteen.

Wed, 21 Jun 2017 10:23:32 GMT

Prince Philip of Britain gets hospitalized

A spokesman of Buckingham Palace announced on Wednesday that Prince Philip has been hospitalized on Tuesday. However, the member of the royal family remains in "good spirits."

Wed, 21 Jun 2017 09:33:23 GMT

Spain arrests Moroccan extremist with ISIS manual bomb collection

On Tuesday, Spanish police officers arrested a Moroccan in his residential apartment with a large collection of the manual suicide bombs and other ISIS material during their raid in Madrid.

Wed, 21 Jun 2017 08:58:21 GMT

Uber's CEO Kalanick quits under investor pressure

The CEO of Uber Technologies Travis Kalanick stepped down from his post on Tuesday as the investors called for his resignation following the investigation into the Uber's culture and workplace practices.

Wed, 21 Jun 2017 08:34:27 GMT

US Senate to reveal healthcare bill on Thursday

The US Senate Republicans are eager to unveil their draft healthcare bill on June 22 after several weeks of secrecy as senators struggled over Medicaid programme and insurance costs issues.

Wed, 21 Jun 2017 08:26:06 GMT

France's two Modem ministers resign amid party probe

Two more ministers from the French President Emmanuel Macron's ally Modem party stepped down from their posts amid the investigation into the centre-right party's alleged misuse of funds.

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.

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