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Citic and Baidu launch direct banking joint venture
Sat, 18 Nov 2017 09:00:19 GMT
Citic Bank and Baidu announced the launch of a direct banking joint venture called AiBank in an attempt to penetrate the booming fintech market. >>
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Two journalists charged with espionage in Cambodia
Sat, 18 Nov 2017 08:58:35 GMT
On Saturday, two journalists were charged with espionage by a Cambodian court for reporting news to a US-backed radio station. >>
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Shiekh Shoes seeks funding to avoid bankruptcy
Sat, 18 Nov 2017 08:18:24 GMT
The owner of the US sneaker retailer Shiekh Shoes LLC said the company was seeking for funding in order to avoid bankruptcy. >>
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Banca Carige seals backing for $661M cash call
Sat, 18 Nov 2017 08:17:24 GMT
Italy's largest lender Banca Carige has sealed backing from core investors for a vital $661M cash call essential to stave off the possibility of being wound down. >>
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Chinese new home prices up in October
Sat, 18 Nov 2017 06:57:16 GMT
The National Bureau of Statistics of China reported the nation's new home prices were slightly up in October, remaining resilient to a tighter liquidity environment. >>
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Trump names five more candidates for Supreme Court vacancy
Sat, 18 Nov 2017 06:55:42 GMT
The US President Donald Trump added five conservatives to the list of possible picks for a prospective Supreme Court vacancy. >>
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Saudi Arabia summons its Ambassador to Germany
Sat, 18 Nov 2017 06:21:16 GMT
The Saudi Foreign Ministry has recalled its Ambassador to Germany for consultations on remarks supposedly made by Sigmar Gabriel at a meeting with Lebanon's Foreign Minister. >>
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China to transfer state assets to social security funds
Sat, 18 Nov 2017 06:19:49 GMT
In an attempt to boost shortfall in the country's pension scheme, China is set to begin a programme to transfer state assets to social security funds. >>
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Verizon, NFL close to announcing streaming deal
Sat, 18 Nov 2017 05:21:07 GMT
Media sources reported that Verizon Communications, the largest US wireless telecommunications provider, was close to agreeing a deal with the National Football League on streaming rights. >>
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EU's Tusk mocks UK Brexit Minister
Sat, 18 Nov 2017 05:16:59 GMT
The EU President Donald Tusk mocked the UK Brexit Minister David Davis after he said that it was the European Union's turn to compromise. >>
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Lebanon's Rifi: country to face Arab sanctions over Hezbollah
Fri, 17 Nov 2017 20:58:16 GMT
A senior Lebanese Sunni politician Ashraf Rifi said on Friday the country might face economic repercussions if Hezbollah continues meddling in regional conflicts. >>
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Apple postpones HomePad launch
Fri, 17 Nov 2017 20:57:25 GMT
Apple has postponed the launch of HomePad smart speaker from December this year to early 2018, the company's spokesperson revealed in an e-mail. >>
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Venezuela's Ledezma escapes to Colombia
Fri, 17 Nov 2017 20:01:57 GMT
On Friday, Antonio Ledezma, a veteran Venezuelan opposition leader placed under a house arrest over the alleged 2015 coup plotting, fled to Colombia. >>
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Thousands Siemens employees rally against job cuts
Fri, 17 Nov 2017 20:00:11 GMT
Nearly 2,000 employees of Siemens took to the streets in Germany to protest against the firm's proposal to cut 6.9K jobs, or almost 2% of its workforce.  >>
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White House asks Congress for additional hurricane aid
Fri, 17 Nov 2017 18:55:26 GMT
On Friday, the White House said it had asked the Congress to provide another $44B to address ongoing hurricane recovery efforts. >>
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