News

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Mon, 12 Jun 2017 17:04:15 GMT

Trump to discuss fight against IS in two weeks

At a meeting with reporters at the White House, the US President Donald Trump said he was planning to hold a press conference to discuss the fight against IS in two weeks' time.

Mon, 12 Jun 2017 17:03:34 GMT

Hawaii calls on US top court not to revive Trump's Muslim ban

On Monday, Hawaii called on the Supreme Court of the United States not to revive Trump's travel ban after it had been blocked by lower state's courts.

Mon, 12 Jun 2017 16:11:02 GMT

US inflation expectations drop in May

United States inflation expectations slipped over the month of May, with the three-year-ahead gauge hitting its lowest mark in nearly a year.

Mon, 12 Jun 2017 16:10:23 GMT

Apple shares tumble on rating downgrade

Shares of Apple went 3.6% down on Monday, as Mizuho Securities downgraded its iPhone maker rating from "buy" to "neutral".

Mon, 12 Jun 2017 15:05:50 GMT

Exxon completes Baytown refinery overhaul

On Monday, ExxonMobil spokesperson reported the company had completed a planned examination of its second-largest gasoline refinery in Baytown, Texas.

Mon, 12 Jun 2017 15:05:07 GMT

Colombia's Echavarria sees further interest rates cuts in 2017

The Governor of the Colombian Central Bank Juan Jose Echavarria claimed he expected the bank to slash its interest rates by at least 100 basis points in 2017.

Mon, 12 Jun 2017 14:33:18 GMT

CFO Lohscheller to become Opel CEO as Neumann quits

The current Opel CFO Michael Lohscheller will replace Karl-Thomas Neumann as the carmaker's CEO following Neumann's resignation on the back of the General Motor decision to sell its EU division to the French PSA Group.

Mon, 12 Jun 2017 14:23:27 GMT

Natixis files suit against Marex Spectron over fraudulent receipts

France's bank Natixis filed a $32M suit against the metal broker Marex Spectron over the deemed fraudulent nickel receipts stored at Asian warehouses that were operated by Glencore.

Mon, 12 Jun 2017 13:21:31 GMT

Norway to ban full-face veils in educational institutions

The Norwegian government stated it intended to ban the full-face Muslim veils in all the educational institutions, following some others EU states, which have already banned face-covering veils in public places.

Mon, 12 Jun 2017 13:03:53 GMT

Brexit plan to remain unchanged

According to Theresa May's spokesman, the Brexit plan will remain unchanged despite the British PM's majority loss in the UK election.

Mon, 12 Jun 2017 12:30:51 GMT

France's Le Maire optimistic about Greece deal after Athens' talks

The French Finance Minister Bruno Le Maire stated that he expected Greece to reach the agreement on new loans from the EU creditors after the Athens negotiations with the Greek PM Alexis Tsipras.

Mon, 12 Jun 2017 12:15:39 GMT

Flannery to become new GE CEO amid Immelt retirement

John Flannery will be appointed as a new Chief Executive of General Electric on August 1 as Jeff Immelt is eager to retire; however, Immenlt will remain company's chairman until December 31.

Mon, 12 Jun 2017 11:17:14 GMT

South Korea's Moon urges for solution on youth unemployment

On Monday, the South Korean President Moon Jae-in called the Parliament to give the youth and overall country's unemployment prompt attention as the situation could lead to a tough economic crisis.

Mon, 12 Jun 2017 11:16:48 GMT

Brexit talks may be delayed amid election results

According to the rating agency Moody's, the Brexit negotiations may be delayed due to inconclusive results of the UK election that took place on June 8 and could have a negative impact on the British credit rating.

Mon, 12 Jun 2017 10:05:34 GMT

Four ISIS suspects killed in Iran

According to a local news agency, the Iranian police have killed four ISIS suspects in the Hormozgan province and seized their guns, explosives and ammunition.

Mon, 12 Jun 2017 10:05:08 GMT

Italian industrial production dips in April

Data released by Istat on Monday revealed that Italian industrial production was down 0.4% on a seasonally adjusted basis in April, missing expectations for a 0.2% uptick.

Mon, 12 Jun 2017 09:32:24 GMT

Singapore arrests first female citizen suspected of supporting ISIS

Singapore detained the first female citizen suspected of supporting the ISIS and attempts to join the terrorist group amid the intentions to find her militant husband in Syria.

Mon, 12 Jun 2017 09:16:33 GMT

Cambodia tourists tally jumps 5% in 2016

On Monday, the Cambodian Prime Minister Hun Sen stated that the number of the international tourists visiting the country rose 5% to 5M in 2016, bringing in around $3B in revenue.

Mon, 12 Jun 2017 08:17:47 GMT

Finnish coalition leaders to decide on government's break-up

The three Finnish co-ruling partners are eager to meet on Monday for a discussion over the centre-right coalition break-up amid Finns party's anti-EU new leader Jussi Halla-aho, who seeks Finland to leave the bloc.

Mon, 12 Jun 2017 08:05:36 GMT

Merkel sees Macron's first round victory as strong vote for reforms

On Monday, Germany's Chancellor Angela Merkel congratulated the President of France Emmanuel Macron on his party's victory in the Parliamentary Election first round, calling it a strong vote for reforms.

Mon, 12 Jun 2017 07:34:49 GMT

JLR to invest $25M into Lyft's autonomous car development

The British automaker Jaguar Land Rover is eager to provide the US ride service firm Lyft with $25M amid carmaker's intention to help the company to develop technology self-driving vehicles.

Mon, 12 Jun 2017 07:22:37 GMT

White House to reveal plan to trim factory regulations this week

Trump's administration will disclose this week a plan to cut regulations that force the US manufacturing growth and presumably affects environmental permits, worker labour and safety rules.

Mon, 12 Jun 2017 06:29:56 GMT

Retrieved bodies tally rises to 62 in Myanmar plane crash

The number of the bodies retrieved after the Myanmar military plane crashed over the Andaman Sea rose to 62 out of the total 122 of the crew, soldiers and their family members.

Mon, 12 Jun 2017 06:23:43 GMT

Qatar capable to defend its economy and currency

According to the Finance Minister of Qatar Ali Sherif al-Emadi, the country is able to defend its currency and economy against sanctions by the neighbour Gulf States.

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