News

Thu, 16 Feb 2017 05:05:17 GMT

Yahoo issues another cybersecurity warning

The company sent out notifications about a cookie forging attack that made it possible for hackers to access user accounts without a password between 2015 and 2016.

Thu, 16 Feb 2017 03:59:37 GMT

Samsung chief may be accused of corruption

Samsung Group's chief Lee appeared at special prosecutor's office in South Korea as the court would decide on issuing the arrest warrant over the corruption scandal. 

Thu, 16 Feb 2017 03:59:18 GMT

South Carolina's Boeing workers reject union

Boeing Co skilfully defeated the worker's union drive at the South Carolina's aircraft factory, after almost 75% of staff voted against the union representation.

Wed, 15 Feb 2017 22:52:03 GMT

Trump administration determined to change Obamacare

On Wednesday, the US government administration under Donald Trump suggested to implement changes to the Obamacare individual insurance market. No new rules have yet been issued and no details on which elements of the current health system would be preserved.

Wed, 15 Feb 2017 22:41:10 GMT

Trump suffers another setback in administration assembly

On Wednesday, a nominee for the US Secretary of Labor, Andrew Puzder, withdrew his candidacy due to uncertainty about gathering sufficient number of Senate votes required to be confirmed, thus, throwing more sand in Trump's wheels to his administration assembly attempts.

Wed, 15 Feb 2017 21:22:36 GMT

Anthem fills lawsuit against Cigna to terminate merger

Anthem Inc has filled the lawsuit against the Cigna Corp to terminate the proposed $54B merger. The US antitrust authority already rejected the transaction.

Wed, 15 Feb 2017 21:22:18 GMT

North Korea fails to prevent autopsy on Jong-Un's half-brother

North Korea failed to convince Malaysian authorities not to conduct the autopsy on leader Kim Jong-Un's half-brother, who was killed at Kuala Lumpur's airport.

Wed, 15 Feb 2017 20:02:42 GMT

Nigeria struggles with textile industry renewal

Nigerian activist has been trying to gain governmental loans or funds to renew the Kaduna's textile plant, ex industrial heartland, but failed amid excessive bureaucracy.

Wed, 15 Feb 2017 20:02:32 GMT

Truck explodes in Baghdad, 15 are killed

The truck with the suicide bomber has detonated in Sadr City, Baghdad, and killed at least 15 people, while 50 citizens were injured.

Wed, 15 Feb 2017 19:01:32 GMT

France warns other states against interference in election

France threatened that the country would not accept the intervention by Russia and other states in local presidential election and would retaliate anyone who disobeys.

Wed, 15 Feb 2017 19:00:40 GMT

Heads of GM and PSA to protect Peugeot-Opel deal

General Motors and PSA Group have mobilized their CEOs to advocate Peugeot's acquisition of Opel that could be disrupted amid German backlash.

Wed, 15 Feb 2017 18:08:46 GMT

Trump accuses US intelligence agencies of information leaks

Trump accused the US intelligence agency of illegal leaking of the information regarding his presidential campaign and contacts with Russia's intelligence officials.

Wed, 15 Feb 2017 18:08:11 GMT

UAE IPIC fund reaches deadlock with 1MDB

According to involved sources, Abu Dhabi's IPIC fund was seeking $6.5B from the Malaysian 1MDB fund, but reached the deadlock in the negotiation. 

Wed, 15 Feb 2017 17:09:30 GMT

Trump to host Netanyahu to discuss future cooperation

On Wednesday, the US President Trump prepared to welcome Israel's First Minister Netanyahu to discuss the Middle East policy and future cooperation.

Wed, 15 Feb 2017 17:09:17 GMT

Fillon's voters attack candidate on his campaign

The Fillon's conservative camp attacked the France's presidential candidate Fillon since he tried to hold his election campaign together with former President Sarkozy. 

Wed, 15 Feb 2017 16:21:59 GMT

Pepsi accuses global markets in low estimated earnings

PepsiCo Inc anticipated the adjusted earnings of 2017 to drop below the estimation of analysts amid weakness in the global markets such as Middle East, North Africa and Asia.

Wed, 15 Feb 2017 16:14:18 GMT

Iran's Supreme Leader criticizes country's President

On Wednesday, Iranian Supreme Leader Khamenei criticized the Iran's President Rouhani regarding the country's recession, inflation and unemployment.

Wed, 15 Feb 2017 15:56:21 GMT

Californians allowed to return home

The Northern California authorities allowed 188K of Oroville citizens to return back home as engineer crews had fixed the dam's floodwall, though warning to be set for another evacuation if necessary.

Wed, 15 Feb 2017 15:09:28 GMT

US application activity for mortgage refinancing falls to a five-week low

Lower mortgage rates were insufficient to boost the US mortgage refinancing application activity, as it dropped to the lowest level in slightly more than a month - the Mortgage Bankers Association reported today.

Wed, 15 Feb 2017 14:59:07 GMT

Fed rate hike expectations keep rising

Strong US fundamentals, namely the CPI and the Retail Sales, on Wednesday bolstered the positive US economic growth outlook, suggesting the Federal Reserve could raise interest rates as early as in March.

Wed, 15 Feb 2017 14:30:19 GMT

Improvements in Greek bailout talks reached

On Wednesday, Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, stated that progress was made in Greece's talks with its international lenders, but more effort required to close the deal.

Wed, 15 Feb 2017 14:26:58 GMT

US CPI data beats expectations

Today The Labor Department released its US consumer price data, the readings of which showed the largest increase in the figures since February 2013. The CPI edged up to 0.6%, beating the 0.3% forecast.

Wed, 15 Feb 2017 13:29:14 GMT

Two dies as suicide attacker targets judges' van

A driver and a bypasser are reported to be dead as a suicide bomber's motorcycle crashed into the Peshawar judges' vehicle in Pakistan.

Wed, 15 Feb 2017 13:26:43 GMT

PepsiCo reports 5% rise in Q4 revenue

PepsiCo posted strong quarterly results showing its earnings surged 5% amid growing demand for its healthy snacks and drinks. The net profit climbed to $19.52B from $18.59B.

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