News

Thu, 09 Feb 2017 05:28:15 GMT

US court rules against Anthem-Cigna deal

The US District Court judge blocked consolidation of the two health insurers, stating that the deal would decrease competition and raise prices for consumers.

Thu, 09 Feb 2017 05:20:44 GMT

UN appeals for $2.1B to support victims of Yemeni civil war

As the conflict that started in 2015 continues, the UN estimates that 18.8M people require humanitarian aid and cautions that without help the country could face famine in 2017.

Wed, 08 Feb 2017 22:49:05 GMT

UK's May reaches half way to Brexit

On Wednesday, the lower chamber of the British parliament gave UK's Prime Minister Theresa May green light to execute the Brexit process; however, she still requires approval from the upper chamber before the bill becomes law.

Wed, 08 Feb 2017 22:38:04 GMT

US Treasury yields pressure Greenback

Conviction about no Fed rate hike in March lead to a decline in US Treasury yields on Wednesday, which in turn had a negative effect on the American Dollar, causing it to fall after two days of straight gains.

Wed, 08 Feb 2017 21:04:16 GMT

Syria's jets bomb rebel-held district

Syria's government jets attacked the rebel-held neighbourhood of Homs in the western part of Syria, killing numerous people, reported the monitoring group.

Wed, 08 Feb 2017 21:03:56 GMT

Red Cross ceases operations in Afghanistan

The ICRC suspended all operations that were held in Afghanistan amid six Red Cross employees were killed while helping the victims in the northern region after the snow storm. 

Wed, 08 Feb 2017 20:10:52 GMT

Boris Johnson gives up his US citizenship

According to the US Treasury Department, the UK Foreign Minister Boris Johnson gave up the US citizenship, a move that the politician promised to do earlier. 

Wed, 08 Feb 2017 20:10:34 GMT

Shares of companies drop amid Trump's tweets

Shares of various companies with the Dow, Nasdaq and S&P 500 inched lower to near the record low levels amid the US President Trump's tweets. 

Wed, 08 Feb 2017 19:05:18 GMT

BoE alerts against mitigation of banking rules

The BoE Deputy Governor Cunliffe alerted against the possibility to dilute the global banking rules that were introduced after the 2008 financial crisis. 

Wed, 08 Feb 2017 19:04:24 GMT

Former PM of Somali wins presidential vote

On Wednesday, the former First Minister of Somali Farmajo has been sworn in as new Somalian President, surpassing 21 candidates. 

Wed, 08 Feb 2017 18:28:56 GMT

Heads of spy agencies to become members of Trump's Cabinet

On Wednesday, the White House stated that the DNI and the director of the CIA will become the members of the President Trump's Cabinet.

Wed, 08 Feb 2017 18:22:34 GMT

Tillerson to meet with Canada and Mecixo

The US Secretary Tillerson will meet with Freeland and Videgaray, Canada's and Mexico's foreign ministers, to discuss the NAFTA trade agreement.

Wed, 08 Feb 2017 16:59:36 GMT

Republican elders propose carbon tax

On Wednesday, elder members of the Republican Party said they would meet with the Trump administration to propose a tax of $40 per ton of carbon dioxide to join the global fight against climate change.

Wed, 08 Feb 2017 16:51:38 GMT

Allergan says US tax reform is unlikely to happen in 2017

Allergan's CEO Brent Saunders voiced doubts on Wednesday that the Trump tax reform would be introduced this year and that it could have a major negative impact on the Irish drug producer.

Wed, 08 Feb 2017 15:58:57 GMT

VW accuses brand chief and personnel boss of breaching November deal

On Wednesday, Volkswagen's works council accused Herbert Diess, the head of the VW brand, and Karlheinz Blessing, the head of personnel, of breaching the November cost-cutting deal.

Wed, 08 Feb 2017 15:55:13 GMT

Bombardier to double its Indian fleet size

Bombardier, Canada's plane manufacturer, said it would double the size of the installed fleet in India to 40 aircraft over the next several years.

Wed, 08 Feb 2017 15:27:54 GMT

BlackRock's CEO expresses concern over markets

On Wednesday, BlackRock's CEO Larry Fink expressed concern over the global financial market and current consensus, as uncertainties over international trade practices put pressure on businesses.

Wed, 08 Feb 2017 14:54:32 GMT

Putin offers Volkswagen help in Russia

On Wednesday, the Russian President Vladimir Putin held a meeting with Volkswagen's CEO Matthias Mueller and said he would help the company to improve its situation on the Russian market.

Wed, 08 Feb 2017 14:30:30 GMT

Kremlin tries to block opposition campaign

Alexei Navalny, Russia's opposition leader, said on Wednesday the Kremlin tried to block his participation in the next presidential election after he was found guilty of embezzling funds from KirovLes.

Wed, 08 Feb 2017 14:18:18 GMT

Iranian family fails to enter US amid Trump refugee travel ban

An Iranian family has been waiting the permission to enter the US for three years but once it was granted the family failed to move to the US due to the Trump refugee travel ban imposed last week. 

Wed, 08 Feb 2017 13:15:55 GMT

EU to remove online subscription barriers

The European Union is likely to agree on cross-border portability for Netflix & Sky online subscriptions that will allow people to use these services anywhere within the bloc.

Wed, 08 Feb 2017 13:08:00 GMT

Italy wants Lira back

Italy becomes hostile towards the single currency as the majority of people blames the Euro for rapid economic decline since 1999, raising a question of going back to the Lira currency.

Wed, 08 Feb 2017 12:02:13 GMT

US Army to approve Dakota Access pipeline

Despite the protests raised by the Native American tribes, the US Army is eager to permit Dakota Access pipeline construction under the Missouri River.

Wed, 08 Feb 2017 12:01:55 GMT

Court to pass verdict on travel ban ASAP

The Appeals Court expects to give a ruling on Donald Trump's travel ban order this week, supposing that the case will presumably go to the US Supreme Court.

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