News

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Fri, 19 Jan 2018 13:32:49 GMT

North Korea may conduct military parade at Olympics

According to some analysts, North Korea may try holding a military parade on the Olympics' eve next month in South Korea, despite both countries seek to mend their ties.

Fri, 19 Jan 2018 13:27:49 GMT

Xiaomi plans to expand Indian store network

Chinese tech firm Xiaomi is planning to expand its India's store network as the company seeks to outstrip the Korean rival Samsung.

Fri, 19 Jan 2018 12:21:41 GMT

Serbia, Montenegro seek to join EU by 2025

According to the EU official Johannes Hahn, Serbia and Montenegro consider entering the European Union presumably by 2025.

Fri, 19 Jan 2018 12:18:01 GMT

IBM posts strong revenue growth, beating estimates

The International Business Machines' revenue soared 3.6% to $22.54B, first time in six years, topping analysts' expectations for a $22.06B rise.

Fri, 19 Jan 2018 10:59:47 GMT

Lloyds Bank to assist small businesses linked to Carillion

Lloyds Bank has allocated additional £50M to provide support for its small business clients that might experience cash flow interruptions due to the bankruptcy of Carillion.

Fri, 19 Jan 2018 10:59:15 GMT

Oil prices fall in response to higher output from US

Oil prices dipped lower on Friday, as a global decline in crude inventories failed to outweigh a sharp climb in US output.

Fri, 19 Jan 2018 10:16:23 GMT

Syria's military operation to happen with no delay

On Friday, the Turkish Defence Minister Nurettin Canikli stated that the Syria military operation in Afrin region would be carried out with no delay.

Fri, 19 Jan 2018 10:01:38 GMT

Huawei fines itself for management oversight

Huawei Technologies senior executives should pay $469K, a self-imposed fine for management oversight of the company's some quality breaches.

Fri, 19 Jan 2018 09:34:37 GMT

11 Mugabe's allies removed from Zimbabwe Parliament

The Zimbabwe ruling party ZANU-PF fired 11 Mugabe allies from the Parliament on Thursday, following the President Emmerson Mnangagwa's intention to purge officials who backed the former leader.

Fri, 19 Jan 2018 09:30:29 GMT

Emirates A380 jet orders let Airbus to maintain production

On Friday, Airbus COO Fabrice Bregier stated that the latest A380 jet order by Emirates worth $16B would let the EU planemaker to preserve the superjumbo's minimum production level.

Fri, 19 Jan 2018 08:34:19 GMT

Germany, France seek joint position on EU reform

France's Finance Minister Bruno Le Maire stated on Thursday that his country and Germany sought reaching the joint Euro zone reform position by June this year.

Fri, 19 Jan 2018 08:31:28 GMT

Nokia ties up with NTT DoCoMo on 5G equipment

On Friday, Nokia signed its first official deal on supplying Japan's telecom firm NTT DoCoMo with its new 5G wireless radio base stations that boasts about half of Finland's mobile subscribers.

Fri, 19 Jan 2018 07:34:36 GMT

US not to pay $45M in food aid for Palestinians

The US State Department stated on Thursday the United States would not pay $45M in food aid for Palestinians, the country had pledged a part of the Gaza Emergency Appeal.

Fri, 19 Jan 2018 07:28:55 GMT

South Korea sues Apple's CEO over iPhone slowdown

South Korea's consumer group filed a complaint against Apple's CEO Tim Cook over iPhone devices' slowdown, following allegations the company had deliberately shortened the handset life.

Fri, 19 Jan 2018 06:26:12 GMT

Fed's Williams considered for Fed Board vice chair post

The Wall Street Journal reported that San Francisco Fed President John Williams is being considered for the post of the vice chairman of the Federal Reserve Board in Washington.

Fri, 19 Jan 2018 06:25:12 GMT

SEC: bitcoin-themed funds raise issues with investor protection

The US Securities and Exchange Commission expressed concerns over bitcoin-themed funds raising issues with investor protection.

Fri, 19 Jan 2018 05:32:24 GMT

Google strikes patent deal with Tencent

Google has struck a patent licensing agreement with the Chinese investment holding conglomerate Tencent in an attempt to expand its business in China.

Fri, 19 Jan 2018 05:31:47 GMT

Tokyo criticises US for military flights over Okinawa school

On Friday, Japan criticised the military of the US for breaking a pledge not to fly helicopters over a school that is located next to the US base in Okinawa.

Fri, 19 Jan 2018 04:30:37 GMT

SoftBank becomes largest shareholders of Uber as deal closes

The group of investors ran by SoftBank completed a deal with Uber, making the SoftBank the biggest stakeholder in the ride-hailing company and providing a boost to Uber.

Fri, 19 Jan 2018 04:28:24 GMT

AmEx reports first loss in decades amid US tax overhaul

American Express, the credit card issuer, posted the first quarterly decline in 26 years due to the US tax reform,which led to shares buyback suspension for the next six months.

Thu, 18 Jan 2018 21:13:22 GMT

Tillerson to travel to Europe next week for discussions on Iran, Syria

The US Secretary of State Rex Tillerson will visit Europe next week for talks on Iran and Syria before heading to the World Economic Forum in Davos.

Thu, 18 Jan 2018 21:12:16 GMT

Mexico rejects claim to be world's most dangerous country

Mexico's foreign ministry on Thursday dismissed a claim by the US President Donald Trump that Mexico was the most dangerous nation in the world.

Thu, 18 Jan 2018 20:10:59 GMT

May offers France funds to bolster border security

The British Prime Minister Theresa May on Thursday offered the French President Emmanuel Macron $62M to improve security at French border controls.

Thu, 18 Jan 2018 20:08:59 GMT

CIBC values FirstCaribbean at $1.4B

The Canadian Imperial Bank of Commerce considers listing its FirstCaribbean business in the US for $1.4B, a 30% discount to its current market capitalization.

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