News

Note: This section contains information in English only.
Sat, 17 Mar 2018 21:12:53 GMT

Istanbul taxi drivers go to court hoping to shutdown Uber

Hundreds of taxi drivers in Istanbul protested against Uber in front of the Istanbul's courthouse during the first hearing on the Uber case, accusing the company of running the unlicensed taxi service. 

Sat, 17 Mar 2018 20:21:37 GMT

Rocket Internet considers Jumia IPO

Rocket Internet, one of the major European start-up investors, is exploring a possibility of IPO for Jumia, African ecommerce shopping platform, in late 2018 or 2019.

Sat, 17 Mar 2018 20:13:06 GMT

Former Qualcomm CEO to leave board of directors

The former executive chairman of Qualcomm Paul Jacobs will not be renominated for the company's board after he disclosed his intention regarding Qualcomm's long-shot acquisition.

Sat, 17 Mar 2018 19:20:52 GMT

Swedish Foreign Minister rejects Russia toxin claim

On Saturday, the Foreign Minister of Sweden Margot Wallstrom rejected claims of Russian government officials regarding a toxin attack against former Russian spy in the UK, calling them unfounded and unacceptable. 

Sat, 17 Mar 2018 19:13:53 GMT

North Korean-Swedish negotiations end

On Saturday, Swedish and North Korean foreign ministers finished three days of negotiations in Stockholm, discussing the security situation on the Korean peninsula.

Sat, 17 Mar 2018 18:05:15 GMT

Sweden rejects nerve toxin claim

The Foreign Minister of Sweden Margot Wallstrom on Saturday rejected Russia's claim that her country might be the source of nerve toxin that was used to kill formed double agent Sergei Skripal in the UK.

Sat, 17 Mar 2018 18:05:05 GMT

UN asks $1B for Rohingya refugees

The United Nations (UN) asked on Friday nearly $1B to provide basic needs for 700K Rohingya refugees that live in Bangladesh and help them to safely return to Myanmar.

Sat, 17 Mar 2018 17:06:50 GMT

Czech Republic denies nerve toxin origin accusation

The Foreign Minister of Czech Republic Martin Stropnicky on Saturday rejected Russia's claim that nerve toxin that was used to kill ex-Russian double agent in the UK was produced in his country.

Sat, 17 Mar 2018 17:06:44 GMT

North Korea and Sweden end negotiations

The talks between Swedish Foreign Minister Margot Wallstrom and her North Korean colleague Ri Yong Ho where parties discussed peaceful resolution of conflict on the Korean peninsula as well as bilateral relations ended on Saturday, the Foreign Ministry of Sweden said in a statement.

Sat, 17 Mar 2018 16:04:36 GMT

Germany and China agree to work on steel overcapacity

The German Chancellor Angela Merkel and Chinese President Xi Jinping agreed on Saturday to jointly look for solutions on steel overcapacity problem within the framework of the G20.

Sat, 17 Mar 2018 16:04:24 GMT

Mauritius President Gurib-Fakim resigns

The President of Mauritius, Ameenah Gurib-Fakim, resigned on Saturday amid the pressure over accusations of financial impropriety that were brought by local newspaper and supported by the Prime Minister Pravind Jugnauth.

Sat, 17 Mar 2018 15:09:15 GMT

China opposes US bill on relationship with Taiwan

The Foreign Ministry of China said on Saturday it "resolutely opposes" the new American law signed by Donald Trump that calls the US to send senior diplomats to Taiwan to meet with their local colleagues.

Sat, 17 Mar 2018 15:02:14 GMT

US to test Kia, Hyundai air bags

The US National Highway Traffic Safety Administration announced on Saturday it will examine why certain air bags installed on Kia and Hyundai cars failed and led to death of four people.

Sat, 17 Mar 2018 13:54:13 GMT

German Economy Minister will visit Washington

It has been announced that Peter Altmaier, who is the Economy Minister of Germany, will visit Washington on Sunday in an effort to waiver possible US tariffs on European Union exports.

Sat, 17 Mar 2018 13:50:31 GMT

German Chancellor defends exports

The Chancellor of Germany Angela Merkel expressed on a podcast on Saturday that the German authorities want the demand for the country's exports to remain unchanged.

Sat, 17 Mar 2018 13:26:45 GMT

Merkel reveals local consumption stimulus

In a recent podcast the Chancellor of Germany Angela Merkel announced that German officials are attempting to stimulate local demand in an effort to decrease exports.

Sat, 17 Mar 2018 13:26:05 GMT

Toys R Us suppliers might not get paid

Although Toys R Us secured a $3.1B loan in September, the payments designated to the suppliers of the toy retailer are at risk, as the debtor speeds up its liquidation process.

Sat, 17 Mar 2018 11:54:17 GMT

Britain announces its priority in dealing with Russia

British authorities on Saturday announced that in the escalating diplomatic clashes between Russia and the UK its main priority is to look after its personnel in Russia.

Sat, 17 Mar 2018 11:54:08 GMT

Lebanon seeks investment

The head of Lebanon's central bank recently announced that the country is seeking $16B investment for infrastructure to ward off Middle East instability.

Sat, 17 Mar 2018 11:12:41 GMT

Lebanon's head of central bank describes new budget

The head of the Banque du Liban stated in an interview on Friday that the new fiscal budget of the country is attempting to cut one of the world's top debt-to-GDP ratios.

Sat, 17 Mar 2018 11:12:15 GMT

Banque du Liban approves of IMF criticism

The head of the central bank of Lebanon Riad Salameh has stated that the IMF criticism of the country's government finances is valid.

Sat, 17 Mar 2018 10:21:25 GMT

China is building arctic cruise ship

On Saturday Xinxhua reported that Chine has started building its first artic cruise ship for the Polar Silk Road initiative.

Sat, 17 Mar 2018 10:20:49 GMT

Russia sets deadline for UK diplomats

Russian authorities have announced that the 23 British diplomats set for expulsion have to leave within a week.

Sat, 17 Mar 2018 08:57:15 GMT

Russia summons UK ambassador

Russian authorities have summoned the ambassador of the United Kingdom Laurie Bristow for a meeting.

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