News

Note: This section contains information in English only.
Wed, 07 Feb 2018 17:29:57 GMT

Seattle authorities: Facebook breaches city campaign funding law

The Seattle Ethics and Elections Commission said Facebook was violating the city's election campaign financing law.

Wed, 07 Feb 2018 17:29:17 GMT

UK May and Hammond to meet with Japanese investors

The British PM Theresa May and the country's Finance Minister Philip Hammond are scheduled to meet with key Japanese investors on Thursday.

Wed, 07 Feb 2018 16:22:50 GMT

US crude oil inventories up for second straight week

The Energy Information Administration revealed that the US crude oil inventories rose for the second consecutive week, jumping 1.9M barrels in the week ended 2 February.

Wed, 07 Feb 2018 16:21:59 GMT

Canadian December building permits top expectations

According to the data released by Statistics Canada, the country's building permits rose 4.8% in December 2017, topping analysts' expectations for a 2.1% uptick.

Wed, 07 Feb 2018 15:34:26 GMT

Munich Re consider job cuts at US HQ

Munich Re considers job cuts at its United States headquarters, according to its CEO statement in the interview posted in the firm's intranet.

Wed, 07 Feb 2018 15:29:29 GMT

Nasdaq to move NYC HQs to Time Square

On Wednesday, Nasdaq announced it was eager to relocate its New York headquarters to Time Square from downtown, moving to a 48-story tower building owned by the Durst Organization.

Wed, 07 Feb 2018 14:35:04 GMT

Estonia, Finland's undersea rail tunnel may cost $25B

According to the feasibility study by Finland and Estonia, their longest undersea rain tunnel in the world could cost about $24.7B by 2040.

Wed, 07 Feb 2018 14:29:03 GMT

Lebanon to prevent Israel from border wall building

Lebanese Higher Defence Council ordered to prevent Israel from constructing a boarder wall on the Lebanon land on the back of growing tensions over maritime boundaries and land.

Wed, 07 Feb 2018 13:35:01 GMT

Snapchat overhaul assures investors it can beat Instagram

On Tuesday, Snap posted a strong growth in its users and Q4 revenue, convincing investors it could fight Instagram and Facebook, sending shares up over 20%.

Wed, 07 Feb 2018 13:30:58 GMT

NATO buyers to finalise deal to renegotiate A400M schedule

The EU NATO buyers are reaching the agreement to renegotiate the Airbus A400M military aircraft's contract terms and delivery schedule.

Wed, 07 Feb 2018 11:51:24 GMT

UNICEF appeals for $17M to restore Iraqi health facilities

On Wednesday, the United Nations Children's Fund appealed for $17M to help reconstruct the Iraqi health facilities ahead of Kuwait's international conference next week.

Wed, 07 Feb 2018 11:51:04 GMT

SoftBank seeks listing mobile phone unit in 2018

Japanese SoftBank seeks listing its mobile phone unit within this year, as its CEO Masayoshi Son aims to complete the company's transformation into one of the largest technology investors in the world.

Wed, 07 Feb 2018 11:26:34 GMT

UK house price growth slows in January

According to the data released by Halifax Bank of Scotland, the House Price Index for the UK slipped 0.6% over the course of January.

Wed, 07 Feb 2018 11:26:17 GMT

Italian retail sales drop 0.3% in December

Data released by Istat on Wednesday showed that Italy's retail sales were down 0.3% in December, missing analysts' expectations for a 0.1% drop.

Wed, 07 Feb 2018 10:31:02 GMT

Pence: US to impose new severe sanctions on KP

The US Vice President Mike Pence stated that Washington was set to announce new severe sanctions against North Korea soon to persuade the Asian country to halt its nuclear and missile programme.

Wed, 07 Feb 2018 10:21:58 GMT

France to take next step in Electrolux antitrust probe

On Wednesday, Electrolux stated France's competition authorities were eager to take the further step in an investigation of Sweden's firm over antitrust rules breaching in 2006-2009.

Wed, 07 Feb 2018 09:32:13 GMT

Spain offers Luis de Guindos candidacy for ECB VP

On Wednesday, Spain proposed a candidacy of the Minister of Economy Luis de Guindos for the European Central Bank's position of a Vice President.

Wed, 07 Feb 2018 09:24:03 GMT

Steve Wynn resigns amid sexual misconduct claims

The US casino mogul Steve Wynn had resigned as Wynn Resorts CEO after allegations on sexual harassment and was replaced by the company's President Matt Maddox.

Wed, 07 Feb 2018 08:34:00 GMT

Kim Jong Un's sister to visit South Korean Winter Olympics

Sister of the North Korea's leader Kim Jong Un is planning to visit South Korea for the Winter Olympics this Friday, according to the Seoul Unification Ministry.

Wed, 07 Feb 2018 08:30:55 GMT

Tepco to pay $10M in damages to Fukushima residents

On Wednesday, Tokyo court ordered Tepco to pay about $10M in damages to a Fukushima residents group over the 2011 disaster when the firm's reactor melt downed in the north-eastern Japan.

Wed, 07 Feb 2018 07:32:00 GMT

Tronc to announce sale of Los Angeles Times

The Los Angeles Times owner Tronc is expected to sell the newspaper to the biotech investor and Tronc's major shareholder Patrick Soon-Shiong.

Wed, 07 Feb 2018 07:29:56 GMT

Trade in Winn Macau shares suspended

On Wednesday, trading in Winn Macau shares was halted, following last week's claims in a newspaper over sexual harassment from the US mogul Steve Winn.

Wed, 07 Feb 2018 04:32:20 GMT

Snapchat convinces investors on ability to fight Instagram

Shap, the owner of Snapchat, reported an increase in users and revenue in the last quarter, raising hopes that it could survive competition with Instagram and sending shares more than 20% up.

Wed, 07 Feb 2018 04:27:49 GMT

Samsung to start investing in new chip line

Samsung Electronics announced the decision to start investment to create a new memory chip line in the company's Pyeongtaek facilities in South Korea.

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