News

Note: This section contains information in English only.
Sat, 17 Feb 2018 17:23:54 GMT

Indian banks may lose three billion dollars

Due to the recent PNB fraud Indian banks may suffer a total of $3B in losses in the form of lost loans issued to diamond companies, which are at the centre of the fraud.

Sat, 17 Feb 2018 17:23:22 GMT

Chevy Bolts sales surge

Due to a part of Tesla Model 3 buyers calling off their orders sales of the General Motors Chevrolet Bolt have increased.

Sat, 17 Feb 2018 15:51:41 GMT

Theresa May secures backing for EU security pact

The Prime Minister of UK Theresa May has secured the needed backing for a new European defence pact.

Sat, 17 Feb 2018 15:51:32 GMT

Turkey summons Dutch representative

Turkish authorities summoned the Charge D'affaires of the Netherlands to express their unhappiness with the proposed Dutch recognition of the Armenian genocide.

Sat, 17 Feb 2018 15:16:02 GMT

EC chief speaks out about Brexit

The chief of European Commission Jean-Claude Juncker announced on Saturday that the Brexit talks should be separated from European security issues.

Sat, 17 Feb 2018 15:15:30 GMT

Ethiopian state of emergency will last six months

The state of emergency imposed the day after the PM of the country resigned will end in six months.

Sat, 17 Feb 2018 14:00:35 GMT

Oxfam CEO reputes abuse claims

The Chief Executive Officer of Oxfam announced on Saturday that the recent sex abuse scandal is disproportionate.

Sat, 17 Feb 2018 13:59:57 GMT

US charges Russian with election meddling

US officials have announced that a Russian propaganda arm coordinated an espionage scheme to tamper with the 2016 US Presidential election.

Sat, 17 Feb 2018 13:20:24 GMT

Iran and India sign $85M port leasing deal

On Saturday, Iran and India signed $85M agreement which would let India to rent a part of Iranian port of Charbar for 18 months, helping India to create a new transit route through India, Iran and Afghanistan. 

Sat, 17 Feb 2018 13:06:38 GMT

Iranian president claims Iran will adhere to nuclear deal commitments

On Saturday, the President of Iran Hassan Rouhani claimed that Iran would adhere to 2015 international nuclear deal commitments, aimed to limit the development of Iran's nuclear programme.

Sat, 17 Feb 2018 12:20:58 GMT

British PM May claims there is no question of second Brexit vote

The UK Prime Minister Theresa May claimed that there are no questions of the second Brexit referendum, telling that the decision of people in the UK to leave the EU needs to be supported by the government. 

Sat, 17 Feb 2018 12:04:34 GMT

Venezuela cryptocurrency attracts investments from US and Qatar

On Friday, Venezuela's cryptocurrency regulator stated that a new cryptocurrency Petro, backed by the country's oil and mineral reserves, will attract investors from the US, Qatar, Europe and Turkey.

Sat, 17 Feb 2018 11:22:53 GMT

Nine dead in fire at waste processing facility in China

According to the state news agency Xinhua, nine people died after a fire caused by a fireworks spark at the waste plant in Qingyuan, a city in the province of Guangdong. 

Sat, 17 Feb 2018 11:04:01 GMT

UK PM May calls for new security agreement in 2019

On Saturday, the Prime Minister of the UK Theresa May called for a security agreement between the UK and the EU by the end of 2019 to increase counter-terrorism and military cooperation after Brexit. 

Sat, 17 Feb 2018 10:20:11 GMT

German Foreign Minister: Ukraine progress should soften sanctions

German Foreign Minister Sigmar Gabriel claimed that Germany would favour softening some anti-Russian sanctions in case of a ceasefire in South-Eastern Ukraine with the UN peacemakers assistance.

Sat, 17 Feb 2018 10:01:12 GMT

UK PM May: security must transcend ideology

On Saturday, the Prime Minister of the UK Theresa May stated that ideological differences between the UK and the EU must not affect cooperation on security aspects after Brexit.

Sat, 17 Feb 2018 08:57:43 GMT

Winn-Dixie and Tops file for bankruptcy

Sources close to the matter reported on Saturday that Winn-Dixie and Tops, two US supermarket chains, were filing for bankruptcy.

Sat, 17 Feb 2018 08:53:59 GMT

Alibaba's Jack Ma to partner with Duterte to improve Philippines' technology

On Saturday, the Philippines invited Jack Ma and his Alibaba Group to join the President Rodrigo Duterte in his efforts to improve technology for governance.

Sat, 17 Feb 2018 08:23:18 GMT

Thai pro-democracy activists plan protests against election delay

On Saturday, a Thai pro-democracy activist group stated that it would hold more protests to demand the military government not to delay the General Election originally scheduled for November.

Sat, 17 Feb 2018 08:05:31 GMT

Russian state bank buys stake in supermarket chain Magnit

Sergei Galitsky, the founder and co-owner of Russia's biggest retailer Magnit, said on Friday that he would sell a 29.1% stake in the company to VTB Bank, a majority state-owned bank.

Sat, 17 Feb 2018 07:14:32 GMT

Airbus: initial details on Franco-German fighter to emerge in H2 2018

Airbus defence unit stated that initial details of the Franco-German program to create fighter jet are expected to emerge in this year's second half.

Sat, 17 Feb 2018 07:14:19 GMT

May wants Brexit that works for EU and UK businesses

The UK Prime Minister Theresa May stated that she wanted Brexit to result in a good deal for British companies and the rest of the EU.

Sat, 17 Feb 2018 05:53:29 GMT

JPMorgan evaluates buying ETF firm

JPMorgan was weighing the purchase of an ETF business, which is likely to boost the bank's presence in the $3.5T US market of exchange-traded products.

Sat, 17 Feb 2018 05:52:30 GMT

Philippines, China in talks for joint South China Sea exploration

China and the Philippines were in negotiations over the joint pursue of gas and oil exploration in the South China Sea, the Secretary of Foreign Affairs Alan Peter Cayetano stated.

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