News

Thu, 08 Jun 2017 17:19:35 GMT

Yahoo shareholders approve sale of core business

Yahoo shareholders have approved the sale of the company's core Internet operating business to Verizon for $4.48B.

Thu, 08 Jun 2017 17:15:32 GMT

GM to complete sale of Opel by end of July

Opel reported on Thursday that General Motors, Opel's parent company, would probably complete its sale to Peugeot by the end of July.

Thu, 08 Jun 2017 16:06:11 GMT

Initial jobless claims drop less than expected last week

The number of Americans filing for unemployment aid dropped 10K to 245K in the week ended June 2, while analysts anticipated a bigger fall to 241K.

Thu, 08 Jun 2017 16:04:58 GMT

US consumer mood holds steady in June

The IBD/TIPP Economic Optimism Index held steady at 51.3 in June, whereas analysts expected an increase to 51.6 points.

Thu, 08 Jun 2017 14:56:47 GMT

Canadian new-house prices jump 0.8% in April

Statistics Canada reported that the New Housing Price Index surged 0.8% in April, following the prior month's rise of 0.2% and surpassing expectations for a 0.3% increase.

Thu, 08 Jun 2017 14:55:54 GMT

GDP rises 0.6% in Q2 in both Euro zone and whole EU

Eurostat reported that GDP rose 0.6% on a quarterly basis in the Q2 of 2017 in both the Euro zone and the 28-country bloc.

Thu, 08 Jun 2017 14:20:38 GMT

ECB leaves policy unchanged

The European Central Bank kept its monetary policy unchanged at its meeting on June 8, meeting analysts' expectations.

Thu, 08 Jun 2017 14:12:45 GMT

Switzerland jobless rate remains on hold at 3.2%

According to the SECO, the unemployment rate in Switzerland remained unchanged at 3.2% in May, almost meeting expectations for a reading of 3.3%.

Thu, 08 Jun 2017 13:34:29 GMT

Boeing considers pilotless planes development

Boeing is under consideration of introducing new pilotless jets and is eager to launch several tests of such a technology in 2018.

Thu, 08 Jun 2017 13:30:18 GMT

Al Jazeera to maintain editorial independence despite diplomatic crisis

Qatari media network Al Jazeera stated on Thursday it would keep its editorial independence in the Gulf dispute despite a diplomatic crisis.

Thu, 08 Jun 2017 12:22:18 GMT

Nissan to make AEB standard for 1M of US cars

The Japan automaker Nissan Motor announced about its intention to implement the automatic emergency breaking standard into around 1M of the US 2018 model vehicles.

Thu, 08 Jun 2017 12:04:03 GMT

Catalonia to call referendum to withdraw from Spain

On Friday, Catalonia's regional government is willing to call a referendum on its withdrawal from Spain despite Madrid saw such an act as completely illegal.

Thu, 08 Jun 2017 11:01:08 GMT

China calls for restraint on North Korea's missile launch

On Thursday, China urged all sides to exercise restraint after North Korea had launched its land-to-ship ballistic missiles off the country's Eastern coast.

Thu, 08 Jun 2017 10:59:53 GMT

UAE suspends postal services to Qatar

UAE's Emirates Post Group suspended all the postal services to Qatar as the Gulf leader had broken diplomatic and travel links with its neighbour until further notice.

Thu, 08 Jun 2017 10:24:18 GMT

EU's Moscovici warns Greece's creditors over debt relief program

On Thursday, Pierre Moscovici, the EU's Economic and Financial affairs Commissioner, warned Greece's creditors about "playing with fire", referring to the country's debt relief program, as the Euro zone's Finance Minister are not expected to reach a deal during their upcoming meeting on Monday.

Thu, 08 Jun 2017 10:17:21 GMT

EU to relaunch CMU project

On Thursday, the EU is considering to relaunch the capital markets union project amid approaching Brexit, as UK's exit from the Union would limit access to the region's largest financial center - London.

Thu, 08 Jun 2017 09:30:53 GMT

Ex-South Korea minister imprisoned for links to Samsung scandal

The Court of Seoul jailed a former South Korea's Minister of Health Moon Hyung-pyo to 2.5 years on Thursday as he was linked to the Samsung corruption scandal.

Thu, 08 Jun 2017 09:10:58 GMT

Alibaba forecasts 45-49% revenue growth in 2018 fiscal year

Alibaba's CFO Maggie Wu stated on Thursday that the company anticipated a 45-49% revenue growth in the fiscal year of 2018 compared to 56% revenue growth data for the same period in 2017.

Thu, 08 Jun 2017 08:30:50 GMT

UAE President extends condolences to Iran deadly attacks victims

The UAE President Sheikh Khalifa bin Zayed al-Nahayan expressed his condolences to the victims of the Parliament and Mausoleum deadly attacks in Iran on Thursday, criticising "the horrific crime".

Thu, 08 Jun 2017 08:11:14 GMT

Explosive device hits US embassy fence in Kiev

On Thursday's night an attacker threw an explosive device into the US embassy's compound in Ukraine's capital of Kiev, injuring no one.

Thu, 08 Jun 2017 07:21:00 GMT

Rescuers find seven more bodies in search for Myanmar's plane

On Thursday, seven more bodies were found 35 km from the coastal town of Launglon in the search of the Myanmar military aircraft that had gone missing the day before with 122 people on board.

Thu, 08 Jun 2017 06:54:53 GMT

Iranian minister finds Trump's condolences "repugnant"

Iran's Foreign Minister rejected the condolences expressed by Donald Trump over Tehran's deadly attacks, calling them "repugnant" as the US President said that countries supporting terrorism reaped their own rewards.

Thu, 08 Jun 2017 06:32:10 GMT

Kazakhstan's talks over Syria postponed until inexact date

On Thursday, the Foreign Ministry of Kazakhstan announced that Turkey, Russia and Iran had postponed the scheduled negotiations on Syria in Astana until an inexact date.

Thu, 08 Jun 2017 06:25:52 GMT

Philippines to disrupt Islamists' city siege soon

The Philippines military is expected to break the Marawi City's siege in a short time as its troops have already entered three areas and forced out the Islamic State militants.

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