News

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Mon, 12 Mar 2018 09:25:58 GMT

Amazon considers adding more regional content in India

Amazon.com video service considers expansion of the Indian regional content amid competition with a local and global players' host for a larger share of the online streaming market.

Mon, 12 Mar 2018 09:00:54 GMT

Novartis new CEO remakes leadership amid Wyss exit

The new Novartis CEO Vas Narasimhan is reforming the drugmaker's leadership, following the Operations President Andre Wyss's exit, while three other chairmen got the executive committee seats.

Mon, 12 Mar 2018 08:34:45 GMT

AI can increase power firms' efficiency

According to Roland Berger consultancy, the power companies can raise their efficiency with the help of artificial intelligence technology to control home appliances or predict power grid's demand swings.

Mon, 12 Mar 2018 07:31:29 GMT

Saudi Aramco's IPO likely to be delayed until 2019

Saudi Aramco has informed its British counterparts that the oil giant's initial public offering most likely to be postponed until 2019 instead of the previously scheduled 2018-end.

Mon, 12 Mar 2018 07:27:50 GMT

DowDuPont's chairman Liveris to step down

According to the Wall Street Journal, the executive chairman of the US chemicals producer DowDuPont Andrew Liveris is set to leave his post on April 1 and will be replaced by the company's co-lead director Jeff Fetting.

Mon, 12 Mar 2018 06:18:55 GMT

Le Pen wants her party to be renamed

Speaking at a party congress in Lille, France's far-right politician Marine Le Pen said she wanted her National Front party to be renamed "National Rally".

Mon, 12 Mar 2018 06:18:38 GMT

Pope worried about fear dictating national policies

The leader of Roman Catholics Pope Francis has expressed his concern over fear dictating national policies across the world.

Mon, 12 Mar 2018 05:02:36 GMT

Australian exports to benefit from US tariff exemptions

On Monday, Australia's steel and aluminium producers stated that the country's exports would benefit from US tariff exemptions.

Mon, 12 Mar 2018 05:02:25 GMT

Pinera promises to combat Chile's economic stagnation

At his inauguration ceremony, the newly-elected Chilean President Sebastian Pinera promised to put an end to the state's economic "stagnation".

Mon, 12 Mar 2018 04:30:06 GMT

No-deal Brexit to cost EU, UK firms £58B

Companies in the UK and EU would face an extra £58B in yearly costs in case of no-deal Brexit, as the British vast financial sector is likely to be the heaviest-hit industry.

Mon, 12 Mar 2018 04:29:18 GMT

Deutsche Bank to pay €2B in bonuses for last year

Deustche Bank stated that the 2017 bonus pool is expected to be above €2B, as being the loss-making bank it seeks to keep staff during the main overhaul.

Mon, 12 Mar 2018 02:58:16 GMT

Japanese manufacturing activity worsens in Q1 2018

Japan's Ministry of Finance reported that its BSI Manufacturing Index dropped to 2.9 in the Q1 of 2018 from the prior quarter's 9.7, while analysts anticipated an increase to 10.3.

Mon, 12 Mar 2018 02:57:18 GMT

Trump may pick ex-Microsoft CFO as his next top economic adviser

Official sources reported that Chris Liddell, the former CFO at Microsoft, could become the US President Donald Trump's top economic adviser.

Sun, 11 Mar 2018 21:01:16 GMT

Hong Kong Democrats hope to gain lost ground in by-election

In the wake of China's decision to grant the President the right to stay in power indefinitely, Hong Kong's Democrats are concerned about recapturing some of the lost seats in today's by-election.

Sun, 11 Mar 2018 21:00:48 GMT

Iran's Zanganeh: OPEC might start easing oil output curbs in 2019

The WSJ reported that according to Iran's Oil Minister Bijan Zanganeh, the OPEC might agree to start easing oil output cuts as soon as 2019.

Sun, 11 Mar 2018 20:16:40 GMT

VBS Mutual Bank placed under control of South African CB

The Governor of the South African Reserve Bank Lesetja Kganyago said on Sunday that the local lender VBS Mutual Bank had been placed under control of the state's central bank.

Sun, 11 Mar 2018 20:15:41 GMT

Senator Warren: Trump's tariffs are part of US trade policy

On Sunday, the US Democratic Senator Elizabeth Warren said that she was "not afraid of tariffs", emphasising the role these tariffs are playing in the US trade policy.

Sun, 11 Mar 2018 19:06:45 GMT

Pinera sworn in as Chile's President

On Sunday, Sebastian Pinera, who governed Chile in 2010-2014, was sworn in as the country's President, becoming the successor of Michelle Bachelet.

Sun, 11 Mar 2018 19:06:15 GMT

BIS: use of cash is still rising

The Bank for International Settlements said that despite the fact that more people are now using electronic payment methods, the use of cash is still rising in most of the economies.

Sun, 11 Mar 2018 18:35:05 GMT

Peruvians want President to be impeached

According to a poll published in a newspaper today, a vast majority of Peruvians want to see the current state's President Pedro Pablo Kuczynski impeached.

Sun, 11 Mar 2018 18:34:19 GMT

Deutsche Bank's 2017 bonus pool to be over €2B

On Sunday, Deutsche Bank revealed its 2017 variable compensation for the whole bank would be over €2B, or $2.46B.

Sun, 11 Mar 2018 17:01:19 GMT

China removes presidential term limits

China has removed the limit on presidential terms from its constitution, granting the current state's President Xi Jinping the prerogative to remain on the post indefinitely.

Sun, 11 Mar 2018 17:00:45 GMT

Syrian forces surround Douma, eastern Ghouta

On Sunday, a Hezbollah-run military media unit revealed that the Syrian army had completely surrounded Douma, eastern Ghouta.

Sun, 11 Mar 2018 15:56:25 GMT

Trump: North Korea talks can either fail or succeed

The US President Donald Trump stated that his meeting with Kim Jong Un could either fail or bring "the greatest deal for the world".

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