News

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Tue, 26 Dec 2017 20:59:08 GMT

44 Venezuelan activists released from prison

A rights group reported on Tuesday that Venezuelan authorities had released 44 activists from prison over Christmas, while majority of them remained in prison.

Tue, 26 Dec 2017 20:02:23 GMT

US sanctions two top North Korean ballistic missile officials

The United States on Tuesday sanctioned two top North Korean officials involved in the country's ballistic missile programs.

Tue, 26 Dec 2017 20:02:14 GMT

Elon Musk confirms Tesla pickup truck coming after Model Y

Tesla reported on Tuesday that the company would begin production of its first electric pick-up truck after building the Model Y, which was expected to go into production in late 2019.

Tue, 26 Dec 2017 19:28:18 GMT

Mexico peso under pressure despite currency hedge auctions

Despite the fact that the Central Bank of Mexico sold an additional $500M in foreign exchange hedges on Tuesday, the peso still remained under pressure. 

Tue, 26 Dec 2017 19:22:50 GMT

Bitcoin holds gains after last week's loss

After a dismal and volatile week leading up to Christmas weekend, bitcoin have rebounded strongly gaining 13% on Tuesday.

Tue, 26 Dec 2017 18:21:05 GMT

British navy escorts Russian warship through North Sea

British officials reported on Tuesday that the Royal Navy had escorted a Russian warship through the North Sea near UK waters.

Tue, 26 Dec 2017 18:17:10 GMT

Kremlin reports ready to mediate North Korea and US talks

The Kremlin reported on Tuesday that Russia was ready to act as a mediator between North Korea and the United States if both parties would showed a wish for it to play such a role.

Tue, 26 Dec 2017 17:01:01 GMT

Explosion hits major oil pipeline in Libya

One of Libya's main oil export terminals has been shut down following a blast that reduced the country's output by around 90K barrels a day.

Tue, 26 Dec 2017 16:26:12 GMT

Oil jumps on pipeline explosion in Libya

Oil traded above $65 a barrel on Tuesday, supported by the blast on a crude pipeline in Libya.

Tue, 26 Dec 2017 16:09:35 GMT

Shares of Apple fall amid iPhone X weak demand

Wall Street's indexes dropped on Tuesday following a 2.8% drop in Apple's shares on a report that the demand for the iPhone X could be lower than expectations during the first quarter.

Tue, 26 Dec 2017 16:00:17 GMT

Liberians go to polls in historic

Liberians were choosing a new president on Tuesday in a run-off vote between the Vice-President Joseph Boakai and the former international footballer George Weah.

Tue, 26 Dec 2017 15:30:57 GMT

Timing of Trump-Putin meeting not set yet

Russia's Foreign Minister Sergei Lavrov stated that the timing of the nearest meeting between the President Vladimir Putin and the US leader Donald Trump had not yet been discussed.

Tue, 26 Dec 2017 15:25:33 GMT

Google seeks to open stores in India to bolster sales

Google seeks to boost its Pixel smartphone sales by launching physical stores in India, the Economic Times reported on Tuesday, following a rising demand in over dozen pop-up stores across the country.

Tue, 26 Dec 2017 14:34:11 GMT

Turkey plans to resume Sudan's Red Sea port, build naval lock

Turkey is planning to restore the Ottoman port city located on the Sudanese Red Sea coast and build a naval dock that would maintain military and civilian vessels.

Tue, 26 Dec 2017 14:29:32 GMT

Apple suppliers' shares drop on lower demand forecast

Shares in some of the Apple suppliers in Asia dropped on Tuesday, following analysts' forecasts over iPhone X demand to come in below estimates in the Q1.

Tue, 26 Dec 2017 13:34:52 GMT

Eastern Libya to hold Benghazi conference in March

Eastern Libya is planning to stage a conference on March over rebuilding the country's second-largest city of Benghazi that had been damaged during the three years of fight.

Tue, 26 Dec 2017 13:29:36 GMT

Uber agrees to sell US car-leasing business Xchange

The ride-hailing company Uber Technologies is ready to sell its US car-leasing business unit Xchange Leasing to an auto marketplace Fair.com, according to The Wall Street Journal.

Tue, 26 Dec 2017 12:00:43 GMT

North Korea to have negotiations with US in 2018

According to South Korean estimates, their northern neighbour is likely to start direct negotiations with the United States next year. In the meantime, it is expected to continue trying to achieve recognition as a de facto nuclear power.

Tue, 26 Dec 2017 12:00:38 GMT

Russia is ready to mediate US-North Korean negotiations

On Tuesday, the Kremlin spokesman Dmitry Peskov said that Russia is ready to step in as a mediator between the United States and North Korea, if both parties do not object such role.

Tue, 26 Dec 2017 11:13:26 GMT

China closes over 13K websites since 2015

According to the China state news outlet Xinhua, China has shut down over 13K websites in the past three years for law breaking in the country's effort to clean up the cyberspace.

Tue, 26 Dec 2017 11:13:20 GMT

China exports no oil products to North Korea last month

China halted its oil product exports to North Korea in November, following the UN sanctions imposed to reduce petroleum shipments to the Korean Peninsula.

Tue, 26 Dec 2017 10:32:15 GMT

Hyundai Heavy plans to conduct rights issue worth $1.2B

On Tuesday, South Korean Hyundai Heavy announced it would conduct a $1.2B rights issue, expecting to complete it in March 2018.

Tue, 26 Dec 2017 10:11:09 GMT

Pakistan, China likely to extend Economic Corridor to Afghanistan

Pakistan and China are planning to look at including Afghanistan to their $57B China-Pakistan Economic Corridor, the Chinese Foreign Minister Wang Yi stated on Tuesday.

Tue, 26 Dec 2017 09:32:27 GMT

Russia establishes permanent presence at Syria's bases

On Tuesday, Russia's Defence Minister Sergei Shoigu stated that his country began to establish a permanent presence at its Syria military bases in Hmeimim and Tartus.

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