News

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Sat, 07 Apr 2018 09:14:05 GMT

Pakistan's and India's central banks bar from crypto trading

The central bank of India released a statement, barring banks from having any connections to the virtual cryptocurrency trading, while the central bank of Pakistan claimed that cryptocurrencies are illegal in the country.

Sat, 07 Apr 2018 07:53:49 GMT

China calls for EU to unite against US protectionism

On Friday, China called for the European Union to present a united front against the protectionist moves coming out of the US.

Sat, 07 Apr 2018 07:53:00 GMT

Facebook users to pay for privacy

The Facebook COO said that if users were against their data being shared with online advertisers they would have to pay.

Sat, 07 Apr 2018 07:17:36 GMT

Macron and Putin discuss Syria in phone call

On Friday, the French President Emmanuel Macron and the Russian President Vladimir Putin discussed the situation in Syria in a phone call, initiated by Paris.

Sat, 07 Apr 2018 07:11:32 GMT

Trump says WTO is unfair to United States

The US President Donald Trump stated on Friday that the World Trade Organisation offered "advantages" to China and was "unfair" to the United States.

Sat, 07 Apr 2018 07:07:47 GMT

Trump says WTO is "unfair" to United States

On Friday, the US President Donald Trump stated that the World Trade Organisation offered "advantages" to China and was "unfair" to the United States.

Sat, 07 Apr 2018 06:28:41 GMT

Canada opposes Trump's call for quick NAFTA talks completion

The Canadian Foreign Minister stated that Canada, the US and Mexico still had to resolve major issues surrounding the NAFTA, following Trump's call for the quick completion of the renegotiation.

Sat, 07 Apr 2018 06:17:03 GMT

China says it is ready to fight back US trade war

China's government said on Friday that it would "counterattack with great strength" if the US President Donal Trump slaps an additional $100B in tariffs.

Sat, 07 Apr 2018 04:55:14 GMT

ISS proposes reforms for Wells Fargo

Institutional Shareholder Services has advised Wells Fargo & Co to vote on such reforms as reduced ownership threshold and enhanced compensation policy.

Sat, 07 Apr 2018 04:54:56 GMT

Poll: Australians prefer Turnbull to remain PM

A recent poll by Fairfax/Ipos showed on Saturday that 62% of survey participants preferred the current Australian Prime Minister Malcolm Turnbull to remain in his position.

Sat, 07 Apr 2018 04:07:02 GMT

Facebook suspends AggregateIQ amid alleged data breach

Facebook Inc has suspended the Canadian company AggregateIQ from accessing its platform following reports on improper handling of users' personal data.

Sat, 07 Apr 2018 03:59:24 GMT

EC says 2.7M European users affected by Facebook data breach

According to the European Commission, around 2.7M Facebook users within the European Union were affected by the data privacy breach.

Fri, 06 Apr 2018 20:26:06 GMT

SoftBank borrows $8B backed by Alibaba Group

Japan's technology giant SoftBank used the stake in Alibaba Group, the online retailer, as collateral for its $8B loan provided by a group of at least ten banks, according to sources familiar with the matter.

Fri, 06 Apr 2018 20:20:27 GMT

Nine West Holdings files for bankuptcy

Nine West Holdings filed for bankruptcy, planning to reorganise some assets and sell others, as too much of debt felled the clothing and shoe business controlled by Sycamore Partners.

Fri, 06 Apr 2018 19:30:00 GMT

Russia's sanctions not to affect plans for Trump-Putin meeting

Preparations for the meeting between the US President Donald Trump and his counterpart Russia's Vladimir Putin would not be affected by the US sanctions imposed on Russia's businessmen and government officials.

Fri, 06 Apr 2018 19:26:51 GMT

Georgia to increase GDP forecast for 2018

Georgia is likely to increase its GDP growth expectations for the current year, as higher exports and foreign investment inflows would help to support the economy.

Fri, 06 Apr 2018 18:11:17 GMT

Canada creates 32.3K jobs in March

Statistics Canada stated that the country's economy created 32.3K positions over the course of March, while economists expected an increase of 18.8K.

Fri, 06 Apr 2018 18:08:31 GMT

Fed's Powell expects gradual rate hikes

The Federal Reserve is expected to stick to gradual rate increases to keep the control over inflation, the Bank's Chair Jerome Powell stated.

Fri, 06 Apr 2018 17:31:57 GMT

Gazprom CEO proud of being included on US sanctions list

Alexei Miller, the CEO of Russian company Gazprom, stated that he was honoured to be included on the US new sanctions list, adding that the firm's policies were right.

Fri, 06 Apr 2018 17:26:41 GMT

France, Germany to create new maritime patrol jet

France and Germany are expected to launch a program to develop a new maritime patrol aircraft due to concerns over increases in Russia's submarine patrols.

Fri, 06 Apr 2018 16:34:37 GMT

EU: Facebook confirms data of 2.7M users 'improperly shared'

Facebook confirmed that the data of the social network's 2.7M users within the EU was improperly used by Cambridge Analytica, the EU executive stated.

Fri, 06 Apr 2018 16:31:35 GMT

US job gains weakest in six months

The US economy created the smallest amount of jobs in the six-month period ending in March, the Labour Department stated on Friday.

Fri, 06 Apr 2018 15:35:28 GMT

Netflix offers $300M for billboard firm

Netflix was attempting the company's biggest acquisition, suggesting more than $300M to acquire a business, which owns billboards in Los Angeles, according to sources familiar with the matter.

Fri, 06 Apr 2018 15:33:36 GMT

NAFTA's ministers meet to negotiate possible deal

Top Mexican, Canadian and the US officials are expected to meet to talk about possible prospects for an agreement to upgrade NAFTA due to pressure from Washington to get a deal quicker, despite unresolved issues.

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