News

Note: This section contains information in English only.
Thu, 25 Jan 2018 15:58:37 GMT

ECB leaves rates unchanged

The European Central Bank left its benchmark interest rate unaltered at 0.00% at today's meeting, expecting the key rates to remain at the present low levels for the time being.

Thu, 25 Jan 2018 15:34:09 GMT

Venezuela declares Spain's ambassador "persona non grata"

Venezuela stated on Thursday it had expelled the Spanish ambassador a few days after the EU imposed sanctions on the socialist government's senior officials.

Thu, 25 Jan 2018 15:29:19 GMT

American Airlines Q4 profit drops on Thursday

On Thursday, American Airlines Q4 profit fell $31M from the last year, caused by increased operating expenses due to higher fuel and labour costs.

Thu, 25 Jan 2018 14:35:11 GMT

SABIC acquires quarter of Clariant

Saudi Basic Industries has acquired 25% of Clariant's stake, finishing the Swiss group's battle with activist investors.

Thu, 25 Jan 2018 14:32:00 GMT

PM May wants Uber to remain

Britain's PM Theresa May stated on Thursday that the taxi service Uber should not be closed but instead has to comply better with safety and labour standards.

Thu, 25 Jan 2018 13:33:29 GMT

Caterpillar's profit tops estimates as sales jump 35%

On Thursday, Caterpillar beat analysts' forecasts for the Q4 profit as sales surged 35% compared to the previous year and driven by a strong demand for its mining and construction equipment.

Thu, 25 Jan 2018 13:23:06 GMT

Google launches new addition to ads settings

Google has launched a new addition to the ads settings that let users to mute the reminder ads in applications and on company's partner websites.

Thu, 25 Jan 2018 12:29:46 GMT

US invites China to joint naval drills in 2018

On Thursday, Chinese Defence Ministry stated that the United States again had invited China to attend a major naval drills hosted by the US this year, despite their strained relations over South China Sea.

Thu, 25 Jan 2018 12:17:13 GMT

JPMorgan can move over 4K jobs from Britain

JPMorgan could move over 4K job positions out of Britain, in case the Brexit negotiations result in trade agreement and regulation divergence between the European Union and Britain.

Thu, 25 Jan 2018 11:03:13 GMT

Nissan develops new slippers

Nissan Motor company has created a system for self-parking slippers. They are designed to park at an entrance of a traditional inn and be ready for guests to use.

Thu, 25 Jan 2018 11:02:35 GMT

China denies Afghan base plan

The Defence Ministry of China on Thursday denied rumors that the country is planning to create a military base on the territory of Afghanistan.

Thu, 25 Jan 2018 10:32:00 GMT

Emirates resumes capacity on some US routes

Emirates Airline is restoring the number of some flights on the US routes that it had lowered last May, following the weakened demand of the US government travel restrictions.

Thu, 25 Jan 2018 10:24:37 GMT

HNA accounts face short-term suspension this month

On Thursday, HNA Group reported some of its bank accounts had been temporarily frozen in January; however, the issue has already been resolved.

Thu, 25 Jan 2018 09:34:52 GMT

US applies more sanctions on KP, urges for expulsions

On Wednesday, the United States imposed more sanctions on North Korea and urged Russia and China to expel its raising funds for the nuclear weapon programme.

Thu, 25 Jan 2018 09:27:41 GMT

PM May to travel to China next week

According to the Chinese Foreign Ministry, the British Prime Minister Theresa May is set to visit China regarding a free trade deal on January 31 and will stay in the country until February 2.

Thu, 25 Jan 2018 08:34:32 GMT

Five dead as train derails close to Milan

At least five people are reported to be dead on Thursday as a train Ferrovie dello Stato derails near Milan.

Thu, 25 Jan 2018 08:31:19 GMT

LG Elec gets back to Q4 operating profit

On Thursday, South Korean LG Electronics stated it had swung back to its Q4 operating profit of 366.9B won, following the last year's loss report.

Thu, 25 Jan 2018 07:31:32 GMT

Meg Whitman to become Katzenberg's NewTV CEO

The Chief Executive of Hewlett Packard Enterprise Meg Whitman is set to become new CEO of Jeffrey Katzenberg's mobile media start-up NewTV on March 1 this year.

Thu, 25 Jan 2018 07:28:13 GMT

US grocer Kroger, Alibaba in taolks on cooperation

China's e-commerce and tech company Alibaba is in early business talks on a possible cooperation with the US grocer Kroger, following Amazon.com's aggressive expansion into groceries.

Thu, 25 Jan 2018 06:02:52 GMT

South Korea's economy shrinks in Q4 on weak exports, autumn holiday

The economy of South Korea contracted in the Q4, as industrial production and car exporters failed to sustain the prior quarter's pace, posting the weakest performance in nine years.

Thu, 25 Jan 2018 06:02:08 GMT

Qualcomm signs sales MOUs with Xiaomi, Lenevo, OPPO and vivo

Qualcomm has signed sales memorandums of understanding with China's smartphone makers Xiaomi, Lenovo, vivo and OPPO to supply RFFE solutions worth $2B during the next three years.

Thu, 25 Jan 2018 05:10:45 GMT

Ford hit by higher commodity prices

Ford Motor reported a weaker-than-anticipated net profit for the quarter, affected by higher costs of commodities and unfavourable FX rates, expecting stronger hit in 2018.

Thu, 25 Jan 2018 05:10:12 GMT

LG to raise prices of washers in US due to tariffs

LG Electronics announced that it would hike prices of the majority of the company's washing machines in the US, just after tariffs on imported washers were imposed.

Thu, 25 Jan 2018 04:33:12 GMT

Uber CEO to visit Asia in February

Dara Khosrowshahi, the CEO of Uber, is expected to visit India, Japan next month, aiming to enhance the image of ride-hailing firm in the region.

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