News

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Fri, 14 Apr 2017 15:15:58 GMT

Buses evacuate Shi'ite villagers and Syrian rebels under swap deal

On Friday, buses have evacuated thousands of Shi'ite villagers and Syrian rebels from two rebel-besieged towns under a swap agreement between insurgents and the government.

Fri, 14 Apr 2017 15:15:13 GMT

Supply, demand of oil market get closer to rebalancing

According to Saudi Aramco CEO Nasser at Columbia University Energy Summit, the oil market supply and demand conditions were nearing closer to rebalancing.

Fri, 14 Apr 2017 14:16:20 GMT

Air China cancels flights to North Korean capital

Air China canceled some of its flights to Pyongyang, North Korea's capital, amid lower demand but , the company reported on Friday.

Fri, 14 Apr 2017 14:09:16 GMT

US consumer prices, retail sales fall unexpectedly last month

The US Department of Labour reported a drop in both retail sales and consumer prices in March, suggesting the US economy performed worse than expected in the Q1 of 2017.

Fri, 14 Apr 2017 13:00:10 GMT

US top military commander explains use of MOAB

On Friday, the US senior military commander in Afghanistan said that the decision to drop the largest non-nuclear bomb in the US's arsenal was a reasonable tactical move.

Fri, 14 Apr 2017 12:50:51 GMT

Iranian President Hassan Rouhani to run for second term

Iran's local media reported on Friday that the President Hassan Rouhani would run for the second term in the May presidential race.

Fri, 14 Apr 2017 12:17:03 GMT

China's banks received less credit in March

China's banks surprisingly received fewer credits in March as the government attempts to curb risks from build-up in debt as well as in an overheating real estate market.

Fri, 14 Apr 2017 12:11:40 GMT

United Airlines' rough week cost investors millions

News about the passenger being removed by force from United Airlines' aircraft caused its stock selloff, which erased $570M in market capitalization.

Fri, 14 Apr 2017 10:54:30 GMT

Toshiba will get credit approved

An anonymous source on Friday slipped information that Toshiba Corporation is most likely going to get a total of one trillion yen in loans. The reason for that is the fact that the company will use as collateral its memory chip division.

Fri, 14 Apr 2017 10:53:30 GMT

French presidential polls tighten on Friday

The presidential election of France seems to be tightening, if the polls are to be believed. Nearly almost a week before the people are set to vote the four leading candidates are only three percentage points apart on the polls.

Fri, 14 Apr 2017 09:04:55 GMT

Fiat Chrysler experiences weak Q1 of 2017

On Friday, Fiat Chrysler's CEO Sergio Marchionne stated that the first quarter of the year was the weakest year for the company, however, the goals for 2017 and 2018 remained unchanged.

Fri, 14 Apr 2017 09:04:32 GMT

Judges ask to lift Le Pen's parliamentory immunity

On Friday, French judges asked to strip Marine Le Pen from her parliamentary immunity, amid the investigation of her alleged misuse EU funds.

Fri, 14 Apr 2017 08:07:43 GMT

Tensions over North Korea push Asian shares and Won lower

Asian shares and the South Korean Won were in turmoil on Friday in response to economic uncertainty caused by North Korea.

Fri, 14 Apr 2017 08:01:40 GMT

China's Wang Yi says irreversible actions in Korean peninsula need to be prevented

Chinese Foreign Minister Wang Yi said today that irreversible actions in the Korean peninsula need to be prevented. The statement was released amid concerns of North Korea's sixth nuclear test and indications that the forbearing political strategy of the US may come to an end.

Fri, 14 Apr 2017 07:09:09 GMT

Police finds no explosives at Samsung headquarters

South Korean authorities inform that no explosives were discovered at Samsung Life HQ in Seoul, following a report received earlier this morning.

Fri, 14 Apr 2017 07:06:58 GMT

At least 36 Islamic State militants killed in a strike on Friday

The United States killed on Friday at least 36 militants suspected to be members of the Islamic State, releasing the most massive non-nuclear device ever used in a battle. The Afghan Defence Ministry reassures that no civilians were hurt in the strike.

Fri, 14 Apr 2017 06:06:05 GMT

Blackstone to buy Ascend Learning for over $2B

The New York-based alternative asset management company Blackstone Group said it was in advanced negotiations to buy Ascend Learning for over $2B, including debt.

Fri, 14 Apr 2017 06:05:39 GMT

GM to create 1100 vacancies in California

General Motors reported it was planning to invest $14M in its California facility and create 1100 positions over the next five years.

Fri, 14 Apr 2017 05:04:13 GMT

Pence to visit South Korea on Sunday

Due to tensions with North Korea being on the rise lately, Mike Pence, the US Vice President has scheduled a visit to South Korea in order to reassure the US commitment to the country as an ally.

Fri, 14 Apr 2017 05:00:17 GMT

Dollar loses value due to North Korea uncertainty

Rising uncertainty over North Korea and the potential for another nuclear test led the US Dollar to lose value on Friday amid demand for the Yen, which might lead to a weekly close in the red zone.

Fri, 14 Apr 2017 04:26:26 GMT

Apple to invest in chip business

Apple intends to invest in Toshiba's chip company it is currently selling, and the investment is estimated around several billion US dollars, NHK reported on Friday.

Fri, 14 Apr 2017 04:25:32 GMT

Uber fined 1.13 million amid drunk drivers in California

Uber was recommended to pay 1.13 million US dollars in fines for failing to probe reports from clients about drivers being drunk on the job.

Fri, 14 Apr 2017 03:21:14 GMT

Kia, Hyundai to miss China sales goal on political row

Hyundai Motor and Kia Motors expected difficulties in selling 1M vehicles in China with total 52% sales slump amid political tension.

Fri, 14 Apr 2017 03:17:24 GMT

China urges against force as North Korea ready for nuclear test

China's military force could not deal with tension over North Korea, which was urged to halt nuclear weapons program and cooperate with Chinese defense.

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