News

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Wed, 17 Jan 2018 19:54:51 GMT

Trump: Russia helps North Korea avoid sanctions

Russia helps North Korea to get supplies in violation of international sanctions, the US President Donald Trump says.

Wed, 17 Jan 2018 18:58:52 GMT

Twitter may inform users exposed to alleged Russian propaganda

Twitter may inform users whether they have viewed content created by a suspected Russian propaganda service, the Internet Research Agency.

Wed, 17 Jan 2018 18:58:07 GMT

Nations to examine more North Korea sanctions

Twenty nations agreed on Tuesday to think about tougher sanctions on North Korea to push the country to abandon its nuclear program.

Wed, 17 Jan 2018 18:35:15 GMT

Volkswagen vehicle sales rise 4.3% in 2017

Volkswagen vehicle sales rise 4.3% in 2017 to 10.7M vehicles as the company struggles to keep the title of world's biggest carmaker.

Wed, 17 Jan 2018 18:34:07 GMT

Apple to pay $38B in repatriation tax

Apple Inc will have to pay around $38B in tax payments to move funds stored overseas back to the United States.

Wed, 17 Jan 2018 18:32:58 GMT

Apple to make $38B repatriation tax payment

Apple is expected to pay $38B in tax to return funds kept overseas to the US under the country's new tax law, the company stated.

Wed, 17 Jan 2018 16:52:44 GMT

Mazda to stay independent despite close ties with Toyota

On Wednesday, Mazda said that despite deepening cooperation with Toyota, it would remain an independent company.

Wed, 17 Jan 2018 16:52:25 GMT

US industrial production up 0.9% in December

The Federal Reserve reported today that the US industrial production jumped 0.9% over the course of December, topping economists' expectations for a 0.4% rise.

Wed, 17 Jan 2018 16:31:24 GMT

BoC increases overnight rate target to 1.25%

At the last policy meeting, the Bank of Canada decided to increase its overnight rate target by 25 base points to 1.25%, adding more hikes are likely coming this year.

Wed, 17 Jan 2018 16:30:31 GMT

US Capacity Utilisation Rate tops expectations

According to the data released by the Federal Reserve on Wednesday, capacity utilisation increased to 77.9%, topping analysts' expectations for a surge to 77.3%.

Wed, 17 Jan 2018 15:34:14 GMT

IBM shares jump amid Barclays's double upgrade

Shares in IBM surged 2% on Wednesday after Barclays's double-notch upgrade for the tech company ahead of the Q4 results on Thursday.

Wed, 17 Jan 2018 15:04:37 GMT

Turkey, Russia discuss Syria in phone conversation

The Turkish Foreign Minister Mevlut Cavusoglu and his Russian counterpart Sergei Lavrov discussed Syria by phone on Wednesday, seeking for a solution to its crisis and humanitarian situation.

Wed, 17 Jan 2018 14:31:56 GMT

Rolls-Royce's shares up on commercial marine unit sale

On Wednesday, shares of Rolls-Royce surged to 7.2%, following the company's announcement about possible sale of its struggling commercial marine unit as part of the restructuring into three main units.

Wed, 17 Jan 2018 14:25:16 GMT

Britain should give more time to save jobs linked to Carillion

Britain's government needs to give companies more time to preserve Carillion-linked jobs, following the infrastructure firm's collapse on Monday.

Wed, 17 Jan 2018 13:31:53 GMT

Top Venezuela officials to face EU sanctions next week

The European Union is likely to impose sanctions on seven senior Venezuela' s officials starting the next week amid bloc's intention to pressure the President Nicolas Maduro over political crisis.

Wed, 17 Jan 2018 13:27:45 GMT

France, Britain to sign new immigration pact

Britain and France are planning to sign a new immigration agreement during the President Emmanuel Macron's visit to Britain on Thursday.

Wed, 17 Jan 2018 12:00:45 GMT

Nestle sells US candy

The Swiss food group has decided to sell its confectionery business to Ferrero. The deal is set to be worth $2.8 billion.

Wed, 17 Jan 2018 11:59:41 GMT

Euro threatens bond traders

The recent Euro appreciation has started to threaten the profitable bond traders, as European overseas investors see their profits eroded.

Wed, 17 Jan 2018 10:57:08 GMT

GE names new head for EU region

According to General Electric's statement, the industrial conglomerate appointed Peter Stracar as its new CEO and President of the European region.

Wed, 17 Jan 2018 10:56:59 GMT

StanChart establishes fintech investment unit

On Wednesday, Standard Chartered announced it had created a new business unit called Dubbed SC Ventures with intention to promote innovation and invest in financial technology.

Wed, 17 Jan 2018 09:58:18 GMT

Juncker hopes Britain to rejoin EU

The President of the European Commission Jean-Claude Juncker stated on Wednesday he would like Britain to rejoin the bloc after the next year's Brexit.

Wed, 17 Jan 2018 09:58:07 GMT

Ex-Barclays forex trader charged with fraud

The US DoJ charged the former Barclays foreign exchange trader Robert Bogucki over the alleged role in a fraud scheme towards bank's client.

Wed, 17 Jan 2018 09:28:07 GMT

Catalonia's Parliament to discuss government formation

The Catalan Parliament is eager to meet on Wednesday, making its first step towards local government's formation, following December's elections, despite an obscurity on its plans to split from Spain.

Wed, 17 Jan 2018 09:18:15 GMT

VW posts 4.3% gain in 2017 sales

Volkswagen reported a 4.3% gain to 10.7M vehicles in 2017 sales, as the company seeks to reach the top of the world's largest carmaker list.

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