News

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Fri, 12 Jan 2018 10:09:10 GMT

Mitsubishi recalls 16,515 cars sold in Russia

On Friday, Rosstandart said it had been informed that Mitsubishi is recalling 16,515 cars sold in the Russian Federation between April 2013 and February 2016.

Fri, 12 Jan 2018 09:07:58 GMT

Japan to limit refugees' right to work from Monday

The Japanese Justice Ministry reported that starting from Monday Japan will curb asylum seekers' right to work, making alterations to its complex refugee system.

Fri, 12 Jan 2018 09:06:52 GMT

Trump cancels trip to London

The US President Donald Trump has cancelled his London trip scheduled for February to open a new embassy, expressing his disapproval of Obama's decision to sell the old one for "peanuts".

Fri, 12 Jan 2018 06:13:03 GMT

IBM names new CFO

IBM has revealed that the company's CFO Martin Schroeter would be moved to a new position within the firm and would be replaced by James Kavanaugh.

Fri, 12 Jan 2018 06:12:15 GMT

Mexico's Finance Minister: US tax reform is "regressive"

The Mexican Finance Minister called the US tax overhaul a "regressive" move, adding Mexico's economy is set to remain emulous without sweeping corporate tax rate cuts.

Fri, 12 Jan 2018 05:33:08 GMT

Trump to extend sanctions relief for Iran

According to a source with knowledge on the matter, the US President Donald Trump is planning to extend Iran sanctions relief.

Fri, 12 Jan 2018 05:32:30 GMT

Mexico not intended to pay for Trump wall

The Mexican Economy Minister Ildefonso Guajardo said the President Enrique Pena Nieto had made clear that the country will never pay for the Trump border wall.

Fri, 12 Jan 2018 04:34:03 GMT

Facebook to implement series of changes

Facebook began to modify the way it filters videos and post on its News Feed, the beginning of what CEO Mark Zuckerberg stated would a string of changed in the network's design.

Fri, 12 Jan 2018 04:28:40 GMT

Fiat to invest $1B in Michigan plant

Fiat Chrysler stated that the company is set to shift pickup truck production to Michigan by 2020, investing $1B in the facility and creating 2,5K jobs.

Fri, 12 Jan 2018 02:52:46 GMT

Japan current account surplus shrinks in November

Japan's current account surplus dropped to 1.70T yen in November from 2.44T yen in October, while analysts anticipated a slighter decline to 2.19T yen, according to the Ministry of Finance.

Fri, 12 Jan 2018 02:51:20 GMT

Japan overall bank lending rises 2.5% last month

The Bank of Japan reported on Friday that bank lending rose 2.5% year-over-year in December, after increasing 2.7% in the preceding month.

Thu, 11 Jan 2018 20:56:59 GMT

Dropbox files for confidential US IPO

Sources close to the matter reported on Thursday that Dropbox filed for a confidential US initial public offering.

Thu, 11 Jan 2018 20:56:01 GMT

Ecuador grants citizenship to WikiLeaks founder Julian Assange

The WikiLeaks founder Julian Assange has been granted Ecuadorian citizenship after living in the country's embassy in London for more than five years.

Thu, 11 Jan 2018 20:02:31 GMT

Sam's Club closes stores after ‘review'

Sam's Club, a chain of membership-only retail warehouse clubs operated by Wal-Mart, announced on Thursday that it would close some of its stores after a "review".

Thu, 11 Jan 2018 20:00:48 GMT

Russia's Putin praises North Korea's Kim

On Thursday, the Russian President Vladimir Putin said on Thursday that North Korea's leader Kim Jong-un emerged victorious in the latest standoff with South Korea and the West.

Thu, 11 Jan 2018 18:52:51 GMT

Turkey releases two journalists jailed in connection with coup attempt

The Turkish Constitutional Court ordered on Thursday the release of journalists Sahin Alpay and Mehmet Altan, jailed in connection with the July 2016 coup attempt.

Thu, 11 Jan 2018 18:52:00 GMT

MoneyGram partners with Ripple, shares jump

MoneyGram's shares surged 10.5% on Thursday after the company announced it partnered with Ripple, a blockchain-based payment company.

Thu, 11 Jan 2018 17:55:54 GMT

China welcomes progress in inter-Korean talks

The Blue House reported China's President Xi Jinping welcomed progress made in talks between North and South Korea in his phone conversation with the South Korean President Moon Jae-in.

Thu, 11 Jan 2018 17:54:52 GMT

Delta's shares jump after Q4 profit

Delta Air Lines reported on Thursday better-than-expected profit for the December quarter, sending the company's shares up 3.5% after the bell.

Thu, 11 Jan 2018 16:59:03 GMT

Tillerson to attend international meeting on North Korea

The State Department reported on Thursday that the US Secretary of State Rex Tillerson would attend a major international meeting of foreign ministers in Canada next week to discuss the North Korean crisis.

Thu, 11 Jan 2018 16:56:44 GMT

US unemployment claims rise unexpectedly last week

The US Department of Labour reported that unemployment claims rose to 261K in the week ended January 5, up from the prior week's 250K, while analysts expected a decline to 246K.

Thu, 11 Jan 2018 16:19:09 GMT

US producer prices fall unexpectedly last month

The Bureau of Labour Statistics reported on Thursday that its PPI dropped 0.1% in December, after rising 0.4% in the preceding month, whereas analysts anticipated a 0.2% gain.

Thu, 11 Jan 2018 16:16:14 GMT

Canadian house prices rise less than expected in November

Statistics Canada reported on Thursday that its National House Price Index rose 0.1% in November, following the prior month's gain of 0.1% and missing analysts' expectations for an increase of 0.2%.

Thu, 11 Jan 2018 14:51:53 GMT

Government takes over Binladin Group

Saudi Arabian authorities have announced that the government is taking control over Saudi Binladin Group. Moreover, some of the group's assets might get handed over into state ownership.

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