News

Note: This section contains information in English only.
Wed, 11 Apr 2018 09:54:45 GMT

Mozambique announces general elections

The presidency of Mozambique on Wednesday announced that the country will hold parliamentary, presidential and provincial elections on October 15 of 2019.

Wed, 11 Apr 2018 09:18:22 GMT

China's car sales jump 4.7% y/y in March

China's March vehicle sales surged 4.7% year-on-year to 2.66M cars, following a steep drop in the prior month, an industry body reported on Wednesday.

Wed, 11 Apr 2018 08:54:29 GMT

US to pledge $18.5B to Puerto Rico to rebuild infrastructure

The US Department of Housing and Urban Development will provide Puerto Rico with $18.5B in an aid to reconstruct its shattered housing market and infrastructure after the Hurricane Maria.

Wed, 11 Apr 2018 08:33:39 GMT

VW unveils further board members' removals

The Volkswagen CEO Matthias Mueller's replacement has been planned during months with two other board members Karlheinz Blessing and Francisco Garcia Sanz to be ousted in the near future.

Wed, 11 Apr 2018 07:36:23 GMT

Uber unveils new app for its drivers

On Tuesday, Uber Technologies launched its new app for drivers with a real-time earnings tracker, a move from the ride-hailing company that should improve the contentious relationship.

Wed, 11 Apr 2018 07:33:15 GMT

EU air traffic control warns airlines of potential strikes into Syria

The European air traffic control warned airlines on Tuesday to stay cautious in the Eastern Mediterranean amid a potential missile strikes into Syria within the next 72 hours.

Wed, 11 Apr 2018 06:35:20 GMT

Google seeks acquisition deal of Nokia's airplane broadband business

Alphabet's Google is discussing an acquisition of Nokia's airplane broadband business with its technology that could help Google provide a faster alternative to Wi-Fi on airplanes.

Wed, 11 Apr 2018 06:29:51 GMT

Telefonica Brasil plans ultra-fast FTTH service expansion to 20 cities

Telefonica Brasil is planning to expand super-fast fiber-to-the-home broadband service to 20 new cities this year, as the company seeks to attract wealthier clients.

Wed, 11 Apr 2018 04:54:59 GMT

Australian watchdog targets cryptocurrencies

The Australian anti money laundering institution AUSTRAC has announced that digital currency exchanges, who do business in Australia, have to register with the institution.

Wed, 11 Apr 2018 04:53:55 GMT

Mexico expects details of new plans for auto engine production

The Mexican authorities are expecting details on the new US proposal to move auto production to high-wage areas of NAFTA. This would move auto production from Mexico to the US.

Wed, 11 Apr 2018 04:22:25 GMT

Ant Financial increases fundraising target

The Ant Financial Services Group is aiming to increase its fundraising goal by at least $8B. This could boost the company's evaluation to $150B.

Wed, 11 Apr 2018 04:21:53 GMT

Chinese authorities ban humour app

The Toutiao joke app Neihan Duanzi in China has been banned by the country's watchdog due to vulgar content.

Wed, 11 Apr 2018 03:34:57 GMT

Japan machinery orders grow unexpectedly in February

Japanese core machinery orders increased unexpectedly for the second month in a row in February amid a rise in orders from manufacturers.

Wed, 11 Apr 2018 03:34:28 GMT

China to allow foreign investors in financial leasing, trust in 2018

China is set to allow foreign investors to enter the country's financial leasing, trust, consumer finance sectors and auto finance by the end of this year.

Wed, 11 Apr 2018 01:54:53 GMT

Chinese producer prices grow 3.1% in March

Chinese producer prices grew 3.1% last month, following February's climb of 3.7% and missing expectations for a 3.2% rise.

Wed, 11 Apr 2018 01:54:07 GMT

Chinese consumer prices rise less than expected last month

China's National Bureau of Statistics reported on Wednesday that consumer prices rose 2.1% in March, after surging 2.9% in the prior month, whereas analysts anticipated an increase of 2.9%.

Tue, 10 Apr 2018 20:06:34 GMT

Oil prices surge as trade war fears wane

On Tuesday, Brent and WTI futures surged 3.4% and 3.3%, respectively, after the Chinese President Xi Jinping soothed investor fears of a trade war between China and the United States.

Tue, 10 Apr 2018 19:59:40 GMT

France to narrow budget deficit faster than expected

The French Finance Ministry stated on Tuesday that France would cut the budget deficit more quickly than expected over Emmanuel Macron's term amid stronger economic growth.

Tue, 10 Apr 2018 19:17:48 GMT

US producer prices grow more than expected last month

US producer prices rose 0.3% in March, boosted by higher food and healthcare costs, whereas analysts anticipated a climb of 0.1%.

Tue, 10 Apr 2018 19:16:40 GMT

Trump believes he has power to fire special counsel Mueller

The White House reported on Tuesday that the US President Donald Trump believed he had the power to fire Robert Mueller, the special counsel investigating the Russian interference case.

Tue, 10 Apr 2018 18:12:35 GMT

T-Mobile and Sprint restart merge talks

The Wall Street Journal has reported that T-Mobile US Inc and Sprint Corp restarted talks about possible merger between two telecom operators after both companies were unable to reach an agreement in November.

Tue, 10 Apr 2018 17:55:01 GMT

Trump and May urge the world to act in response to Syria chemical attack

The US President Donald Trump and the UK Prime Minister Theresa May claimed that the world needs to response to the suspected chemical weapon attack in Syria and to hold to account people behind this. 

Tue, 10 Apr 2018 17:17:22 GMT

Bank of Nova Scotia CEO believes NAFTA deal to be reached

On Tuesday, Chief Executive Officer of the Bank of Nova Scotia Brian Porter stated the bank is optimistic regarding reaching an agreement on the possible NAFTA deal after more than 8 months of talks.

Tue, 10 Apr 2018 16:50:46 GMT

BP partners with Tesla to build battery storage project

On Tuesday, the energy giant BP claimed that it has signed an agreement to buy Tesla batteries to build a battery storage project for one of its wind farms in South Dakota, the US.  

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