News

Tue, 09 May 2017 14:14:34 GMT

Verizon not to hurry with big deal undertaking

According to the Verizon Communications CEO, the company does not feel an urgent need to tackle on a huge merger or acquisition, despite the persuasion of some Wall Street analysts.

Tue, 09 May 2017 14:00:47 GMT

Uganda wants $2B for South Sudan refugees at UN summit

Uganda seeks to receive $2B donation for the South Sudanese refugees at the UN scheduled summit in June as the country needs help in relief operations' funding.

Tue, 09 May 2017 13:33:40 GMT

Wikipedia sues Turkish authorities over website's ban

Wikipedia filed a lawsuit against Turkey's decision to block the website throughout the country as Turkey deemed the online encyclopedia threatens to its national security.

Tue, 09 May 2017 13:24:39 GMT

Another suspect in attack planning detained in Germany

On Tuesday, the German prosecution reported that the police officers detained the third suspect in an "extremist" attack planning, who appeared to be a 27-year old German citizen.

Tue, 09 May 2017 12:33:58 GMT

Merkel to ban Turks in Germany from voting on death penalty

On Tuesday, the German Chancellor Angela Merkel announced about her intention to not allow Turks living in Germany to vote on death penalty reinstitution in Turkey.

Tue, 09 May 2017 12:21:09 GMT

Corbyn to carry on Labour Party leading despite odds to lose election

The UK Labour Party leader Jeremy Corbyn stated he would not resign and would carry on leading his opposition party, even if he loses the June 8 national election.

Tue, 09 May 2017 11:30:12 GMT

German trade surplus drops to 19.6B

Destatis reported on Tuesday that the German trade surplus declined to €19.6B in March, while analysts anticipated an unchanged reading from the prior month's €21.2B.

Tue, 09 May 2017 11:10:57 GMT

Swiss jobless rate remains at 3.3%

According to the SECO, the unemployment rate in Switzerland remained unchanged at 3.3% in April, missing analysts' expectations for the rate to decline to 3.2%.

Tue, 09 May 2017 10:19:52 GMT

US Congress Delegates visit Dalai Lama

US Congressmen visited Dalai Lama on Tuesday in India with the purpose of strengthening ties with China and putting human rights in Tibet in the spotlight.

Tue, 09 May 2017 10:14:53 GMT

Industrial production tops expectations in Germany

German industrial output slipped in the third month of the year, but less than it was expected, paving the way for solid growth expectations in the first quarter of the year.

Tue, 09 May 2017 09:28:13 GMT

Islamic State claims Russian officer's beheading in Syria

On Tuesday, the day Russia holds celebration of the 1945 victory anniversary over Nazi Germany, the IS militants released a video showing a supposed Russian intelligence officer beheaded by the insurgents in Syria.

Tue, 09 May 2017 09:09:55 GMT

Traffic accident kills 10 South Korean children in China

10 South Korea's children and one China national are reported to be dead in a car accident that took place in the Chinese Weihai city's tunnel in the East of Shandong province on Tuesday.

Tue, 09 May 2017 08:32:25 GMT

Paris railway station reopens after tip-off about militants' presence

On Tuesday, Paris reopened Gare du Nord railway station after an emergency evacuation that was held the previous day as the police received a tip-off about presumable presence of attackers in a high-speed train.

Tue, 09 May 2017 08:08:26 GMT

Trump to run new candidates to FERC

The US President Donald Trump is eager to nominate the Republican Senator's adviser Neil Chatterjee and the PPUC member Robert Powelson to the United States Federal Energy Regulatory Commission.

Tue, 09 May 2017 07:28:44 GMT

French former PM to support Macron in June elections

The ex-Prime Minister of France Manuel Valls stated he would back the President-elect Emmanuel Macron in the elections next month in the Parliament's lower house.

Tue, 09 May 2017 07:21:22 GMT

Jakarta jails Christian governor for profanity against Islam

On Tuesday, the Christian governor of Jakarta Basuki Tjahaja Purnama was imprisoned to two years for expressing blasphemy against Islam.

Tue, 09 May 2017 06:30:53 GMT

Elliott calls for Akzo Nobel's Burgmans dismissal

On Tuesday, Elliott Advisors stated it filed a legal claim to oust the Akzo Nobel chairman Antony Burgmans, saying that the takeover refusal offered by PPG was a violation of the Dutch corporate law and company's fiduciary duties.

Tue, 09 May 2017 06:18:02 GMT

France seeks to clear out Paris migrant camp

French police reported on Tuesday that the country's authorities intend to clear out a migrant camp in the North of Paris, saying the site houses about thousands of Afghan and African refugees.

Tue, 09 May 2017 04:59:27 GMT

Koreans vote for president

The South Korean Presidential Elections are being held on Tuesday after the former President of the country Park Geun-hye became subject to a graft scandal.

Tue, 09 May 2017 04:21:11 GMT

Meeting on Paris deal postponed in US

The decision by the US to either retreat from the Paris Climate agreement or to remain part of it was rescheduled to an unknown date due to technicalities.

Tue, 09 May 2017 04:15:58 GMT

Analysts expect Japanese current surplus to remain in red zone

A poll based on 16 analysts and carried out by Reuters showed that experts anticipate a fall to 2.643 yen in the Japanese current account surplus for March.

Tue, 09 May 2017 02:57:50 GMT

UK customers look for bargains, employers hunt workers

Surveys on Brexit impact showed that British customers are increasingly looking for bargains to offset soaring inflation, while employers suffer from a lack of available workers.

Tue, 09 May 2017 02:55:49 GMT

Japan cash wages fall 0.4% in March

The official data revealed that Japanese cash wages dropped 0.4% year-over-year in March, the strongest decline in two years, amid insufficient pay hikes.

Tue, 09 May 2017 02:09:26 GMT

Asia faces risks amid increase in protectionism

Any tightening in global monetary conditions or increase in trade protectionism makes Asia's economies to face uncertainty and risks of downside growth, the IMF said.

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