News

Note: This section contains information in English only.
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.

Wed, 07 Feb 2018 03:31:58 GMT

Japanese average cash earnings climb 0.7% in December

Japan's Ministry of Health, Labour and Welfare reported that average cash earnings climbed 0.7% year-over-year in December, surpassing analysts' expectations for a gain of 0.6%.

Wed, 07 Feb 2018 03:30:16 GMT

Australian construction activity rises last month

The Australian Industry Group reported on Wednesday that its Construction Index rose to 54.0 in January from the preceding month's 52.8.

Tue, 06 Feb 2018 21:23:28 GMT

US delivers combat weapons worth $11.7M to Lebanon

The US has delivered combat weapons worth $11.7M to Lebanon the previous week, the US embassy in Beirut says.

Tue, 06 Feb 2018 21:22:46 GMT

US National Security Advisor, Secretary of State to visit Turkey

The US National Security Adviser McMaster and the Secretary of State Rex Tillerson will visit Turkey the next week, a Turkish media agency reports.

Tue, 06 Feb 2018 20:37:24 GMT

Turkey wants to repair trust with US

Turkey wants to repair damaged trust with the US after a series of disagreements over the Syrian conflict, the foreign minister Mevlut Cavusoglu says.

Tue, 06 Feb 2018 20:36:33 GMT

EU wants power to limit UK single market access after Brexit

The European Union wants the right to restrict UK access to the single market after Britain leaves the EU, a document shows.

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