News

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Wed, 28 Feb 2018 17:08:29 GMT

Canadian RMPI beats estimates in January

Data released by Statistics Canada revealed the country's raw materials price index surged 3.3% in January, topping analysts' expectations for a 1.8% increase.

Wed, 28 Feb 2018 16:21:15 GMT

Euro area yearly CPI down to 1.2%

According to the preliminary data released by Eurostat, Euro zone's inflation edged slightly lower in February, coming in at an annualised growth pace of 1.2%.

Wed, 28 Feb 2018 16:20:34 GMT

Swiss KOF economic barometer jumps to 108.0 in February

The KOF Economic Research Agency reported on Wednesday that its economic barometer for Switzerland stabilised at a high level in February, jumping to 108.0 from 107.6 recorded in January.

Wed, 28 Feb 2018 15:21:37 GMT

Russia evacuates civilians from Syria's Ghouta

On Wednesday, Russia's President Vladimir Putin stated that his country had evacuated a rather big civilian group from the Syrian rebel-held eastern Ghouta.

Wed, 28 Feb 2018 15:19:30 GMT

Facebook expands jobs section on social network

Facebook is expanding its presence in the jobs market by launching its special tool internationally to 40 countries, as the company seeks to compete with the market's leader LinkedIn.

Wed, 28 Feb 2018 14:32:52 GMT

Bayer set to win EU approval for $62.5B Monsanto bid

The German drug maker Bayer is about to win the EU antitrust approval for the $62.35B deal for the seed company Monsanto.

Wed, 28 Feb 2018 14:28:10 GMT

Toyota to develop new Auris vehicle in England

Toyota is planning to build the new next generation Auris car at its UK plant in the Brexit boost for the Prime Minister Theresa May.

Wed, 28 Feb 2018 13:02:23 GMT

Amazon acquires start-up Ring for $1B

Amazon.com agreed to acquire the video start-up Ring in a deal worth $1B, the companies announced on Tuesday, one of the most expensive takeovers, following Amazon's $13.7B deal last year.

Wed, 28 Feb 2018 12:34:10 GMT

Gene-editing start-up Inscripta attracts $55.5M

Inscripta start-up stated on Wednesday it had raised $55.5M in funding amid the biotech company's intention to accelerate the development of the gene-editing tools.

Wed, 28 Feb 2018 12:11:27 GMT

Ford triggers self-driving pilot delivery service in Miami

Ford Motor launched on Tuesday a self-driving pilot delivery programme in Miami with the help of its partner Domino's Pizza, while the carmaker's another companion Postmates is set to join next month.

Wed, 28 Feb 2018 12:11:11 GMT

Amazon releases music-streaming service in India

On Wednesday, Amazon.com launched the music-streaming service called Amazon Prime Music in India that would be available at no additional cost to its Prime members.

Wed, 28 Feb 2018 11:02:11 GMT

Indonesian authorities seize luxury yacht

Indonesia has seized on Wednesday a luxury yacht, which is associated with the multi-billion scandal that surrounds the state 1Malaysia Development Berhad fund.

Wed, 28 Feb 2018 11:01:24 GMT

Nigeria's Buhari gets endorsed for second term

The Nigeria's ruling party has decided upon endorsing Muhammadu Buhari for a second presidential term. The election is set to take place next year.

Wed, 28 Feb 2018 10:34:37 GMT

Iraqi minister says Baghdad open to business

Iraq's Foreign Minister Ibrahim al-Jafari stated on Wednesday that Baghdad was open to business with firms interested in backing the country, mentioning Russia's Rosneft.

Wed, 28 Feb 2018 10:27:38 GMT

China plans building nuclear-powered jet carrier

According to the Chinese state media, China is preparing for building a nuclear-powered aircraft carrier by developing specific technologies amid Beijing's military modernisation programme.

Wed, 28 Feb 2018 09:34:06 GMT

Lebanon's Hariri visits Riyadh for first time since resignation

The Lebanese PM Saad al-Hariri arrived in Riyadh for the first visit to Saudi Arabia since his resignation in November, which led to a political turmoil in the region.

Wed, 28 Feb 2018 09:31:40 GMT

US-Russian crew comes back from Space Station

On Wednesday, two US astronauts Joe Acaba and Mark Vande Hei and the Russian cosmonaut Alexander Misurkin returned from the International Space Station, following an almost six month mission.

Wed, 28 Feb 2018 08:32:22 GMT

T-Mobile ties up with Ericsson, Nokia over 5G networks

T-Mobile is planning to start constructing the next-generation 5G networks in at least 30 cities of the United States this year with the help of Nokia and Ericsson.

Wed, 28 Feb 2018 08:28:50 GMT

Waymo launches self-driving video to reassure potential riders

On Wednesday, Waymo presented a 360-degree video for its potential riders, showing how the ride in a self-driving car looks like, and making a step closer to launching journeys with the real passengers.

Wed, 28 Feb 2018 07:01:57 GMT

Japanese stocks reach for historical high level

A Reuters poll suggests that Japanese stocks are about to reach the 26-year historical high level by the end of December.

Wed, 28 Feb 2018 07:01:27 GMT

Dollar reaches three week high

The US Dollar was at a three week high level against most of other currencies. The cause of the surge was the Tuesday's testimony of the Chairman of the Fed Jerome Powell.

Wed, 28 Feb 2018 05:51:16 GMT

Chinese start up plans massive IPO

The Chinese start up Niro, which produces electric vehicles, has hired eight major banks to create an Initial Public Offering for the company. The IPO is expected to gather as much as $2B.

Wed, 28 Feb 2018 05:51:06 GMT

Kuroda comments on monetary policy

The head of the Bank of Japan Haruhiko Kuroda on Wednesday announced that the normalization of the country's monetary policy will be very gradual.

Wed, 28 Feb 2018 05:27:28 GMT

There is no damage to Papua New Guinea gas pipeline

ExxonMobil on Wednesday announced that so far there are no indications that this week's Papua New Guinea earthquake has damaged the country's major gas pipeline.

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