News

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Sat, 05 May 2018 15:00:21 GMT

Iranian tanker disaster ends in a split

The committee, which investigated the collision between Chinese and Iranian freighters, has concluded that both ships are to blame for the disaster.

Sat, 05 May 2018 14:59:03 GMT

US re-establishes the Second Fleet

The Navy of the United States is re-establishing its Second Fleet, which will be once more responsible for the north of the Atlantic.

Sat, 05 May 2018 13:58:38 GMT

Russian police detain opposition leader

The leader of the Russian opposition Alexei Navalny and other members of the anti-Kremlin movement were detained on Saturday.

Sat, 05 May 2018 13:57:53 GMT

Elon Musk continues to defend his behaviour during conference call

On Saturday, the CEO of Tesla on twitter continued to defend his bad behaviour during the conference call, which occurred earlier this week.

Sat, 05 May 2018 12:29:25 GMT

Berkshire suffers net loss with better operating numbers

Berkshire Hathaway Inc. on Saturday announced the end of its more than a year-long operating profit fall, while the change of an accounting rule created a net loss.

Sat, 05 May 2018 12:14:29 GMT

Putin faces protests across Russia right before his inauguration

Vladimir Putin gets criticized right before his inauguration on Saturday, by his opponents saying that they have enough with his autocratic Tsar-like principle.

Sat, 05 May 2018 10:02:05 GMT

Rouhani slams ban on Telegram

The President of Iran Hassan Rouhani criticized on Saturday the forbiddance imposed on Telegram by the traditionalist-run judiciary, arguing that such step was the exact opposite of freedom and democracy.

Sat, 05 May 2018 10:01:51 GMT

Greek banks to loose €15.5B in stress scenario

The European Central Bank said on Saturday that the four largest Greek banks could lose up to €15.5B of capital by 2020 in case of realization of negative economic scenario.

Sat, 05 May 2018 09:02:24 GMT

Greek and Turkish ships collide in Aegean Sea

According to the AFP, one of Turkish merchant ships has collided with Greek military gunboat, which was participating in NATO drills in Aegean Sea; no casualties or notable damages have been reported so far.

Sat, 05 May 2018 09:02:16 GMT

Russia holds talks with Lybia's Haftar

The Russian Defence Minister Sergey Shoigu talked via video conference call on Friday with leader of the Libyan National Army Khalifa Haftar where both parties discussed various security problems in the Middle East and North Africa.

Sat, 05 May 2018 08:12:53 GMT

Trump to meet with South Korean leader

According to the White House, the US President Donald Trump will meet with South Korean President Moon Jae-in on May 22 in order to discuss situation on the Korean Peninsula before the historic meeting with Kim Jong-un.

Sat, 05 May 2018 08:09:02 GMT

Britain still blames Russia for Skripal poisoning

The British Foreign Office stated on Friday that its belief in the guilt of Russia in the Skripal case did not change despite revelations made by the President of Czech Republic Milos Zeman.

Sat, 05 May 2018 07:08:49 GMT

'Fetal heartbeat' abortion ban enters into force in Iowa

The Governor of Iowa Kim Reynolds put his signature on the bill on Friday that outlaws abortion after detection of fetal heartbeat, which usually happens at six weeks or before.

Sat, 05 May 2018 07:04:30 GMT

Banesco chair criticizes Venezuelan authorities

The Chairman of Venezuala's largest bank Banesco Juan Carlos Escotet slammed on Friday Venezuelan authorities for three-month state takeover and unjustified detention of 11 executives.

Sat, 05 May 2018 06:06:32 GMT

Saudi Arabia to increase ICT spending in 2018

The ICT spending of Saudi Arabia grew by 6% to $36B in 2017, while the spending value for this year is expected to reach $40B.

Sat, 05 May 2018 05:59:25 GMT

Branding China appoints new CEO

The Hong Kong-based investment holding company Branding China Group Ltd has named the current Executive Director Lo Ken Bon as its new Chief Executive Officer.

Sat, 05 May 2018 05:04:44 GMT

South Korea, Saudi Arabia to strengthen cooperation

South Korea and Saudi Arabia have agreed to expand their bilateral cooperation in such sectors as energy, health and culture.

Sat, 05 May 2018 05:03:29 GMT

WSJ: Fidelity Investments fires employees over benefit misuse

According to the Wall Street Journal, the financial services provider Fidelity Investments had fired around 200 employees due to alleged misuse of its benefit programs.

Sat, 05 May 2018 04:06:30 GMT

Xerox appeals US court ruling to block Fujifilm deal

The US-based printer and copier maker Xerox Corp appealed on Friday the ruling of a New York court to block its merger with the Japanese Fujifilm Holdings.

Sat, 05 May 2018 04:05:15 GMT

US asks China to reduce trade surplus, subsidies

During their trade talks, the United States demanded China to reduce its trade surplus with the US by $200B, as well as lower tariffs and subsidies for advanced technologies.

Fri, 04 May 2018 19:56:47 GMT

Fed's Williams: no solid increase in inflation expected

John Williams, the Fed President of San Francisco, stated that the Central Bank should continue to hike interest rates gradually, while no sharp rise in inflation is anticipated.

Fri, 04 May 2018 19:56:14 GMT

Apple at record high on Buffet's stake increase

Apple's stock reached an all-time high after Berkshire Hathaway owned by Warren Buffet disclosed it bought 75M more share of Apple in the first three-month period of 2018.

Fri, 04 May 2018 18:52:44 GMT

Oil prices highest since late 2014 as Iranian tensions mount

Oil prices grew nearly 2% on Friday, as the US crude hit the highest level since 2014, as markets awaited details about the new US sanctions on Iran, while global supplies were still tight.

Fri, 04 May 2018 18:52:01 GMT

Nestle nears deal with Starbucks for drinks, bagged coffee business

The world's biggest coffee company Nestle was close to deal with Starbucks for the part of the company's business, which sells drinks and bagged coffee in supermarkets.

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