News

Wed, 24 May 2017 10:07:13 GMT

Duterte considers total martial law

The President of the Philippines Rodrigo Duterte has announced on Wednesday that he is not ruling out placing all of the country under martial law, if the extremist movements spread from the south.

Wed, 24 May 2017 09:24:13 GMT

Taiwan grants permission to same-sex marriages

The Constitutional Court of Taiwan approved a new law granting the same-sex couples all the rights to legally marry each other.

Wed, 24 May 2017 09:15:02 GMT

French emergency powers extended after Manchester bombing

On Wednesday, the President Emmanuel Macron announced that France extended its emergency powers established in 2015 until November 1 with intention to take countermeasures against terrorist attacks.

Wed, 24 May 2017 08:31:37 GMT

Brazilian JBS hires Bradesco to plan its asset sale

Brazil's JBA together with its controlling shareholders hired an investment banking unit of Banco Bradesco to help establishing its asset sale plan as the company faced financial fallout after a corruption scandal.

Wed, 24 May 2017 08:18:15 GMT

Emaar Malls to buy 51% Namshi stake for $151M

Dubai's Emaar Malls is eager to buy a 51% of the fashion website Namshi stakes from Germany's Rocket Internet for the price of $151M amid an increasing competition for tech deals in the Middle East.

Wed, 24 May 2017 07:32:26 GMT

UK deploys forces after Manchester suicide attack

Britain deployed its troops on Wednesday to the country's key sites with intention to prevent terrorist attacks after a bomb exploded at the Manchester Arena, leaving 22 people dead including children.

Wed, 24 May 2017 07:22:13 GMT

Apple clinches deal with Nokia after patent dispute

Apple ended patent dispute with Nokia and came to an agreement for partnership with the Finnish telecom equipment manufacturer, planning to buy more of the company's network services and products.

Wed, 24 May 2017 06:33:06 GMT

Trump to meet Pope Francis in Vatican on Wednesday

The US President Donald Trump is set to exchange the views with Pope Francis during his first visit to Vatican on Wednesday.

Wed, 24 May 2017 06:29:25 GMT

Uber unwittingly underpaid NYC drivers for nearly three years

On Tuesday, Uber Tech stated that the company unintentionally underpaid its New York City drivers for over two years, adding that an error could cost Uber about $10M.

Wed, 24 May 2017 04:56:11 GMT

Rodrigo Duterte goes to war

The President of the Philippines Rodrigo Duterte has announced a martial rule in the southern island of Mindanao and ordered his troops to break the resistance of the Islamic State-allied forces.

Wed, 24 May 2017 04:54:27 GMT

Maduro pushes forth agenda amidst unrest

As Venezuela faces increasing unrest, the unpopular, leading leftist Nicolas Maduro promised on Tuesday to go forth with the forming of an assembly for the purpose of rewriting the constitution.

Wed, 24 May 2017 04:25:56 GMT

Trump asks lawmakers to cut budget

The President of the US Donald Trump on Tuesday asked the countries lawmakers to cut 3.6 trillion US Dollars of government spending during the next decade.

Wed, 24 May 2017 04:25:25 GMT

Texas changes voting laws

A preliminary approval has been given by the Texas House of Representatives to a new law, which requires to show identification when voting. Previous law was stopped by the US courts due to allegedly being racist.

Wed, 24 May 2017 02:57:40 GMT

Ex-Fed Chairman says BoJ may need to compensate fiscal spending

Former Fed Chairman Ben Bernanke said that the BoJ may need to offset the government's fiscal spending by letting inflation to overshoot its target.

Wed, 24 May 2017 02:55:47 GMT

BoJ says policy complicated amid neutral interest rates uncertainty

Haruhiko Kuroda, the BoJ Governor, revealed that the uncertainty over neutral interest rates made central banks to accept unconventional economic policies.

Wed, 24 May 2017 02:04:22 GMT

Moody's relegates China, expecting its financial strength to degrade

Moody's Investors Services relegated China's long-term currency issuer ratings amid expectations for the country's financial strength to erode over the next years.

Wed, 24 May 2017 02:01:44 GMT

New Zealand's trade surplus rises to $578M in April

Statistics New Zealand revealed that the country's trade balance rose to $578M in April from the prior month's downwardly revised figure of $277M.

Tue, 23 May 2017 20:09:45 GMT

South Africa's ANC rejects allegations of Zuma's removal

The African National Congress rejected allegations that the removal of the South Africa's President Jacob Zuma would be reviewed at this week's ANC meeting.

Tue, 23 May 2017 20:08:25 GMT

Germany's Schaeuble says creditors might reach deal over Greece soon

Foreign lenders may finally reach a deal over Greece at a meeting in June if no obstacles hinder the talks, the German Finance Minister Wolfgang Schaeuble said on Tuesday.

Tue, 23 May 2017 19:01:20 GMT

Trump to request $3.6T cuts in government spending over next decade

The US President Donald Trump to ask Congress for the approval of his budget plan that aims at decreasing government spending by $3.6 trillion over ten years.

Tue, 23 May 2017 18:57:22 GMT

Trump's budget proposal to cut funding for global health and peacekeeping

The US budget proposal published on Tuesday incorporates significant funding cuts for global health, peacekeeping and cultural and educational exchanges.

Tue, 23 May 2017 18:12:56 GMT

Decrease in US oil stockpile not to harm domestic sector and prices, says Mulvaney

The White House Budget Director Muck Mulvaney assured that the plan to diminish US emergency oil supply would neither damage the domestic sector nor severely affect oil prices.

Tue, 23 May 2017 18:10:46 GMT

British police identify Manchester suspect

The British police reported on Tuesday that the deadly attack that killed 22 in Manchester Arena on Monday was supposedly carried out by Salman Abedi, 22.

Tue, 23 May 2017 17:06:49 GMT

US to file lawsuit against Fiat Chrysler over emissions

The US plans to file a lawsuit against Fiat Chrysler Automobiles NV for bypassing emission controls in their diesel vehicles, according to sources familiar with the matter.

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