News

Wed, 26 Apr 2017 15:04:47 GMT

Canadian retail sales drop 0.6% in February

Statistics Canada reported retail sales in the country plummeted 0.6% to $47.8B over the month of February, with lower motor vehicle sales being the main drag behind the decline.

Wed, 26 Apr 2017 14:34:43 GMT

China calls for peaceful solution on Korea peninsula

On Wednesday, the Foreign Minister of China Wang Yi called all sides to relax tensions over the Korean peninsula and to find a peaceful solution on the issue.

Wed, 26 Apr 2017 14:18:43 GMT

JPMorgan to open new back office centre in Warsaw

The US bank JPMorgan & Chase is seeking to open new back office operations centre in Warsaw that could employ about several thousands of people.

Wed, 26 Apr 2017 13:30:33 GMT

Russia's military jet fighter crashes down in Siberia

On Wednesday, the Russian Defence Ministry stated that a MiG-31 jet fighter crashed down in the Eastern Siberia, but both pilots were able to safety eject from the aircraft.

Wed, 26 Apr 2017 13:08:56 GMT

PepsiCo posts 1.6% jump in Q1 revenue

PepsiCo reported strong quarterly results showing its revenue surged 1.6% to $12B from $11.9B the previous year amid growing demand for its healthier snacks and drinks.

Wed, 26 Apr 2017 12:21:23 GMT

Twitter reports 6% rise in monthly users' growth

Twitter posted its quarterly report with a 6% rise in the average number of the monthly active users that increased to 328M from the previous year.

Wed, 26 Apr 2017 12:06:57 GMT

French ex-President Sarkozy to vote for Macron

On Wednesday, the former President of France Nicolas Sarkozy stated he was eager to vote for the centrist presidential nominee Emmanuel Macron.

Wed, 26 Apr 2017 11:31:51 GMT

German Zypries to visit Beijing for New Silk Road summit

Germany's Economy Minister Brigitte Zypries is eager to attend the New Silk Road summit in the Chinese capital next month over the plan aimed to knit Europe, Asia and Africa.

Wed, 26 Apr 2017 11:06:54 GMT

HRW official receives Israeli work visa after initial denial

The US Human Rights Watch researcher Omar Shakir was granted an Israeli work permit after the initial denial as the United States had criticised the Israel's rejection and allegations over the group promoting a "Palestinian propaganda".

Wed, 26 Apr 2017 09:59:24 GMT

Campaign team confirms cyber-attacks on Macron

Emmmanuel Macron, one of the front-runners in the French Presidential Election has experienced several cyber-attacks since the beginning of the year, his campaign team confirmed on Wednesday.

Wed, 26 Apr 2017 09:54:50 GMT

Gas attack ordered by Assad, French intelligence reports

An investigation by the French intelligence led to a conclusion that the sarin gas attack was executed following the orders of Bashar al-Assad by parties loyal to him.

Wed, 26 Apr 2017 09:30:02 GMT

Uber violates transport law in South Korea

On Wednesday, South Korea's Court ruled that Uber Technologies had violated transport law by illegal use of the private cars for commercial purposes.

Wed, 26 Apr 2017 09:02:40 GMT

Turkey arrests 800 suspects linked to US-based cleric

Turkish government had maintained one of the major operations these months against the US-based cleric Fethullah Gulen and detained 800 people over suspected links to the network blamed for an abortive July coup.

Wed, 26 Apr 2017 08:21:44 GMT

US diesel probes to cause penalties and vehicle recalls

According to Daimler's statement in its Q1 report, the US probes on diesel emissions may result in severe penalties and massive vehicle recalls.

Wed, 26 Apr 2017 07:30:05 GMT

NASA releases giant balloon to acquire near space data

On Wednesday, NASA launched a stadium-seized balloon in New Zealand designed to collect the near-Earth space data, starting a 100-day journey after several failed attempts amid cyclones and storms.

Wed, 26 Apr 2017 07:09:01 GMT

Tyson Foods to raise wages as US labour market tightens

The US largest chicken company Tyson Foods intends to raise wages for its poultry plants' workers amid escalating battle for employees as the labour market tightens.

Wed, 26 Apr 2017 06:31:51 GMT

Hyundai Motor net profit slides 21% in Q1

The South Korean Hyundai Motor reported its quarterly net profit of $1.18B, down 21% from the previous year amid strong sales decline in China following the current political tensions between the countries.

Wed, 26 Apr 2017 06:18:53 GMT

China introduces first locally produced jet carrier

On Wednesday, China presented its first aircraft carrier that was designed in the Chinese Dalian Northeast port and would enter service in 2020.

Wed, 26 Apr 2017 05:16:32 GMT

Police in Thailand to discuss speeding up inappropriate content removal on Facebook

After a man killed his daughter in a Facebook video in Phuket, the Thai police claimed that they would debate on how to quicken the takedown of such videos.

Wed, 26 Apr 2017 05:08:59 GMT

Toshiba to cut PwC as auditor

Due to the risks of being delisted because of last year's earnings releases, Toshiba is planning to change its auditor from PwC to another company, sources claimed on Tuesday.

Wed, 26 Apr 2017 04:27:30 GMT

Japanese minister steps down after comments on 2011 tsunami

Following claims that it was better the northeast coast was struck by the 2011 tsunami than Tokyo, the Japanese reconstruction minister who was overseeing the devastated zone stepped down from his post.

Wed, 26 Apr 2017 04:16:53 GMT

US citizen jailed for espionage in China

A US citizen was convicted for engaging in espionage by the Chinese court, and will be serving three years in prison before deportation back to the US.

Wed, 26 Apr 2017 03:05:19 GMT

Trump to order review of US national monuments

Donald Trump is set to request a review of US national monuments with a goal toward resizing or rescinding some of them to reopen mining, drilling areas.

Wed, 26 Apr 2017 03:02:03 GMT

China to encourage coal miners to restructure

Beijing is likely to persuade coal companies to restructure and merger in order to raise efficiency and return coal prices to an appropriate range, said the state planner.

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