News

Thu, 04 May 2017 09:26:50 GMT

UK Services PMI hits 55.8 in April

Markit reported on Thursday that UK services activity rose to 55.8 in April, while analysts anticipated a slight drop to 54.6.

Thu, 04 May 2017 09:06:48 GMT

VW renews diesel cars sales after US emissions scandal

The German automaker Volkswagen resumed its diesel vehicles sales in the US last month after the emissions scandal that led to company's sales bar of 11K new 2015 diesel cars.

Thu, 04 May 2017 08:30:39 GMT

Amazon introduces fresh grocery service to Germany

On Thursday, Amazon started to deliver fresh groceries to their Prime members in Berlin and Potsdam who would be able to choose from 85K of products, including coffee, bread and chocolate from 25 domestic stores.

Thu, 04 May 2017 08:18:24 GMT

Shell hits $71.8B in Q1 revenue

Shell exceeded analysts' expectations by posting its revenue of $71.8B for the first quarter, beating the estimates of $70.62B.

Thu, 04 May 2017 07:31:33 GMT

System bug hits WhatsApp causing global outage

On Wednesday, Facebook-owned messenger WhatsApp was hit by a massive outage during the next few hours that led to inability for users to access the application.

Thu, 04 May 2017 07:11:32 GMT

Spanish employment improves markedly in April

According to the Spanish Employment Ministry, the number of unemployed Spaniards fell 129.3K in April, exceeding analysts' expectations for a 78.2K drop.

Thu, 04 May 2017 06:30:48 GMT

Google users become targets of hacking campaign

On Wednesday, Google users became victims of the spam campaign's malicious link to Google Docs that obtained all the private information without using the users' passwords.

Thu, 04 May 2017 06:24:33 GMT

EU calls Trump to adhere to Paris climate pact

The European Union intends to persuade the US President Donald Trump to stick to the Paris climate agreement after Trump's advisers warned of legal issues in case the White House stayed in.

Thu, 04 May 2017 04:52:57 GMT

Asian Development Bank urges to upkeep free trade

The President of the Asian Development Bank, Takehiko Nakao, is urging regional economies to not stray away from maintaining free trade for the purpose of continued growth.

Thu, 04 May 2017 04:52:18 GMT

Next leader of Hong Kong gives pledge

The next leader of Hong Kong, Carrie Lam, on Thursday announced that she will heal the social and political divides and return the city to its "normal course."

Thu, 04 May 2017 04:26:35 GMT

Trump promises Israeli-Palestinian peace

The President of the United States gave a vow on Wednesday, that he will do what is necessary to achieve peace between Israel and Palestine.

Thu, 04 May 2017 04:25:51 GMT

US healthcare bill vote set on Thursday

The efforts of Donald Trump to repel Obamacare gave results on Wednesday, as the leaders of the Republican Party have submitted revised legislation for a vote to the House of Representative. The voting will take place on Thursday.

Thu, 04 May 2017 03:07:00 GMT

China's services PMI falls to 51.5 in April

According to the Caixin survey, the Chinese services PMI declined for the fourth consecutive month in April, falling to 51.5 points from 52.5 registered in March.

Thu, 04 May 2017 02:59:23 GMT

Apple to invest $1B into US advanced manufacturing fund

Apple plans to invest $1B in US companies that execute advanced manufacturing, CEO Tim Cook said, showing the company's latest effort to boost US job creation.

Thu, 04 May 2017 02:15:24 GMT

Australia posts A$3.107B trade surplus in March

The Australian Bureau of Statistics reported trade balance in the country fell to A$3.107B in March from the upwardly revised figure of A$3.657B registered in February.

Thu, 04 May 2017 02:12:48 GMT

Chinese Vice Premier discusses economy with Mnuchin, Ross

Wang Yang, the Chinese Vice Premier, spoke over the phone with US Commerce Secretary Wilbur Ross and Treasury Secretary Steven Mnuchin, concerning China-US economic ties.

Wed, 03 May 2017 19:58:27 GMT

German police register 83,000 cybercrimes with $56M damage

Head of Germany's Federal Criminal Police Office said that police registered nearly 83,000 cases of cybercrime in 2016, with the total damage estimated to be more than $56 million.

Wed, 03 May 2017 19:58:05 GMT

Nokia to sell underwater cables division valued at $870M

Nokia is to sell its underwater cables division, which is valued at about $870M. Nokia acquired the division last year when it purchased French rival Alcatel for $17B.

Wed, 03 May 2017 18:55:00 GMT

Wall Street lower after Fed leaves rates unchanged

Wall Street kept losses on Wednesday after the Federal Reserve's policy-making group decided to leave the federal funds rate unchanged.

Wed, 03 May 2017 18:54:29 GMT

Facebook to hire 3,000 more workers to monitor content

Amid a spate of live broadcasts of grisly incidents, Facebook plans to hire 3,000 additional employees over the next year to monitor content and remove violent videos.

Wed, 03 May 2017 17:56:21 GMT

US to impose sanctions against North Korea if necessary

The US Secretary of State Rex Tillerson reported on Wednesday that the United States would impose new sanctions against North Korea if the situation requires.

Wed, 03 May 2017 17:55:27 GMT

Turkey to take necessary measures on southern borders

On Wednesday, the Turkish President Tayyip Erdogan said he would continue taking defensive measures on the Turkish-Syria and Turkish-Iraq borders.

Wed, 03 May 2017 17:10:09 GMT

Turkish-Russian relations recover

The Russian President Vladimir Putin reported on Wednesday that relations between Russia and Turkey had fully recovered.

Wed, 03 May 2017 17:09:27 GMT

ISS calls for independent audit investigation at Deutsche Bank

On Wednesday, Institutional Shareholder Services called for a special audit investigation into Deutsche Bank's poor control framework.

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