News

Note: This section contains information in English only.
Fri, 23 Mar 2018 07:32:20 GMT

Malta imposes freeze on Pilatus bank's business amid chairman's arrest

Regulators of Malta have frozen all the operations of Pilatus Bank, following an arrest of its chairman for the alleged US sanctions breach.

Fri, 23 Mar 2018 06:11:38 GMT

EU officials urge social networks to ensure users' privacy

EU officials called on social networks to take care of users' privacy and guarantee personal information protection on the back of allegations that Facebook mishandled its users' data.

Fri, 23 Mar 2018 06:10:56 GMT

Merkel sees further punitive measures against Russia

On Friday, the Chancellor of Germany Angela Merkel highlighted the possibility of implementing further punitive measures against Russia over the nerve agent attack in Salisbury.

Fri, 23 Mar 2018 05:23:20 GMT

Mexico's President defends his energy reform

The President of Mexico Enrique Pena Nieto defended his energy reform, saying that the rollback of it would result in a loss of billions of dollars.

Fri, 23 Mar 2018 05:22:40 GMT

Kentucky Senate approves abortion restriction bill

Late on Thursday, the Kentucky Senate passed a bill aimed to impose limitations on abortions once the patient reaches the 11th week of pregnancy.

Fri, 23 Mar 2018 04:27:37 GMT

Samsung anticipates uncertainty from protectionism this year

Samsung Electronics anticipated geopolitical risk and uncertainties from trade protectionism to persist in 2018, the company's chairman of the board stated.

Fri, 23 Mar 2018 04:26:53 GMT

China allows Baidu to proceed self-driving tests

The capital city of China allowed the technology giant Baidu to test the company's self-driving vehicles on streets, in a bid to bolster in the race for autonomous cars.

Fri, 23 Mar 2018 02:56:58 GMT

Japanese core consumer prices grow in line with forecasts

Japan's Statistics Bureau reported on Friday that its core CPI rose 1.0% on an annual basis in March, following the prior month's gain of 0.9% and meeting analysts' forecasts.

Fri, 23 Mar 2018 02:56:08 GMT

Japanese Finance Minister to closely watch US tariffs implementation

On Friday, the Japanese Finance Minister Taro Ayo said he would closely watch the implementation of the US President Donald Trump's tariffs on imported Chinese steel and aluminium.

Fri, 23 Mar 2018 02:53:18 GMT

Japanese core consumer prices grow in line with forecasts

Japan's Statistics Bureau reported on Friday that its core CPI rose 1.0% on an annual basis in March, following the prior month's gain of 0.9% and meeting analysts' forecasts.

Thu, 22 Mar 2018 21:23:57 GMT

China pledges to stand to the end in trade war

The Chinese embassy in the United States stated on Thursday that China would "fight to the end" in an upcoming trade war applying "all necessary measures". The announcement came shortly after President Trump declared $60B in tariffs against China.

Thu, 22 Mar 2018 21:18:00 GMT

Turkey to regulate online content

The Parliament of Turkey passed the bill on Thursday, which enables its television and radio regulator to start monitoring online content, including various online-streaming platforms.

Thu, 22 Mar 2018 19:16:30 GMT

EU succeeds in WTO challenge against Russia's duties on vans

The European Union managed to win a WTO appeal ruling in a dispute on Russian anti-dumping duties on Italian and German commercial vehicles.

Thu, 22 Mar 2018 18:37:40 GMT

Morgan Stanley to relocate 80 positions to Paris

Morgan Stanley announced plans to relocate 80 jobs based in the UK to Paris in following years after Brexit, according to sources familiar with the matter.

Thu, 22 Mar 2018 18:19:44 GMT

Trump to put off tariffs on steel exports for EU and six others

The US President Donald Trump is set not to apply new aluminium and steel tariffs to the EU and other six trading partners currently negotiating exemptions, Robert Lighthizer stated.

Thu, 22 Mar 2018 18:18:32 GMT

CSRA cooperates with Google Cloud

CSRA, the aim of rival proposals from CACI International Inc and General Dynamics, stated on Thursday that the company had partnered with Google cloud.

Thu, 22 Mar 2018 16:56:54 GMT

BoE leaves rates on hold

At its latest policy meeting, the Bank of England decided to leave its official bank rate on hold at 0.50%, though hinted at a possible rate hike in May.

Thu, 22 Mar 2018 16:56:45 GMT

EZ flash manufacturing PMI for March dips to 56.6

Data released by Markit on Thursday showed that the Euro zone flash manufacturing PMI for March was down to 56.6 points, following a 58.6-point reading registered in February.

Thu, 22 Mar 2018 16:18:32 GMT

Euro zone flash services PMI down to 55.0 in March

Markit revealed that its flash services PMI for the Euro zone came in at 55.0 points in March down from 56.2-point reading registered in the preceding month.

Thu, 22 Mar 2018 16:12:00 GMT

UK February retail sales post 0.8% uptick

According to the data released by the UK Office for National Statistics, retail sales in the country grew at a 0.8% monthly pace in February, topping analysts' expectations.

Thu, 22 Mar 2018 16:11:03 GMT

German Ifo business morale slips to 114.7 in March

The Ifo Institute for Economic Research revealed on Thursday that its German business morale fell to the lowest level over the past 11 months in March.

Thu, 22 Mar 2018 15:34:21 GMT

Mozilla halts ads on Facebook amid data privacy concerns

Mozilla decided to suspend advertising on Facebook due to data privacy concerns, following allegations a political consultancy had received illegal access to the social media platform's user private data.

Thu, 22 Mar 2018 15:30:52 GMT

Ford ties up with India's Mahindra to develop e-vehicle, SUVs

The US carmaker Ford and India's Mahindra & Mahindra signed a deal to develop compact electric cars and sports utility vehicles, both companies confirmed on Thursday.

Thu, 22 Mar 2018 14:31:07 GMT

BMW delays e-vehicle mass production until 2020

The BMW CEO stated on Thursday that the carmaker was planning to postpone its electric vehicle mass production until 2020, as the current technology was not viable enough for volume production.

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