News

Note: This section contains information in English only.
Fri, 27 Oct 2017 20:28:53 GMT

Russia to partially repeal ban on Turkey's tomatoes

Russia is set to partially revoke its ban on the import of Turkish tomatoes starting from November 1, the country's government announced.

Fri, 27 Oct 2017 19:04:25 GMT

EU concerned on Italy's budget for 2018

The European Commission sent a letter to Italian Finance Minister urging to provide clarifications on the country's planned 2018 budget.

Fri, 27 Oct 2017 19:03:37 GMT

US probes Ford vehicles over steering wheels issue

The US auto safety agency announced that it opened a preliminary investigation into 814K cars of Ford Motor over concerns that the steering wheels could get detached during the car ride.

Fri, 27 Oct 2017 18:04:53 GMT

UBS to inform staff about Brexit plans in next few weeks

Swiss Bank UBS is expected to tell Britain's staff in the next couple of weeks where the company would move jobs as the preparation for the UK exit from the EU, CEO Sergio Ermotti said.

Fri, 27 Oct 2017 18:02:47 GMT

Exxon, Chevron profits jump in Q3 on higher commodity prices

Exxon ang Chevron, two of the world's largest oil companies, stated that their quarterly profits surged about 50%, owing to lower costs and increasing commodity prices.

Fri, 27 Oct 2017 17:01:08 GMT

German Minister warns Siemens of higher populism after job cuts

German Minister of Economy urged Siemens to rethink the company's job cuts, especially in the Germany's economically weaker areas, as job losses could boost a right-wing populism.

Fri, 27 Oct 2017 17:00:17 GMT

US economy grows 3.0% in third quarter

The US GDP marked a 3% yearly growth pace in the Q3, supported by higher inventory investment and trade, offsetting hurricane-related weakness in construction and consumer spending.

Fri, 27 Oct 2017 15:54:01 GMT

Apple says pre-orders for iPhone X ‘off the charts'

Apple announced that customers demand for the much-anticipated iPhone X was "off the charts", putting the company's shares up 2% on Friday.

Fri, 27 Oct 2017 15:52:41 GMT

Tusk sees no changes for EU after Catalan independence declaration

The European Council President Donald Tusk said that declaration of Catalan's independence changed nothing for the EU and the bloc would only deal with the central governemnt of Spain.

Fri, 27 Oct 2017 14:55:28 GMT

Bloomberg: Spain's Senate grants PM power to oust Catalan government

The Spanish Prime Minister Mariano Rajoy had received authority from the Senate to oust the current Catalan government, Bloomberg News reported on Friday.

Fri, 27 Oct 2017 14:54:01 GMT

Solid Q3 earnings boost Nasdaq, S&P on Friday

NASDAQ and S&P500 strengthened on Friday, as reports on solid third-quarter earnings from Alphabet, Amazon and Microsoft boosted technology stocks.

Fri, 27 Oct 2017 14:22:48 GMT

Tenet Healthcare to downsize of 1.3K employees

Tenet Healthcare announced on Friday that it was eager to lay off about 1.3 employees amid hospital operator's plans to lower costs by $150M in 2018.

Fri, 27 Oct 2017 14:08:03 GMT

Catalonia declares independence from Spain

On Friday, the Catalan regional Parliament proclaimed independence from Spain in a vote that would likely be declared as illegal by the Spanish Constitutional Court.

Fri, 27 Oct 2017 13:13:01 GMT

US opens inquiry into Ford Fusion cars over steering wheels

The American NHTSA stated on Friday that it had launched an investigation into 841K Ford Fusion vehicles over their steering wheels that could potentially detach while driving.

Fri, 27 Oct 2017 13:12:13 GMT

Chevron's profit jumps 52% in Q3

Chevron reported on Friday that its Q3 profit soared 52% on higher natural gas and oil prices, while the production surged 8% to 2.7M barrels of the oil equivalent per day.

Fri, 27 Oct 2017 12:14:00 GMT

Phillips 66 Q3 profit beats estimates

On Friday, the US refiner Phillips 66 reported that its Q3 profit topped analysts' expectations, boosted by surge in refining margins, following the Hurricane Harvey aftermath.

Fri, 27 Oct 2017 12:03:09 GMT

Deutsche See's lawsuit against VW rejected

The Court of Germany rejected on Friday a lawsuit against Volkswagen over diesel-test cheating brought by the fish distributor Deutsche See.

Fri, 27 Oct 2017 10:51:47 GMT

Ireland calls UK for clarity over border before Brexit talks

Ireland's Foreign Minister Simon Coveney stated on Friday that the Brexit talks on trade ties with the EU could not move due to the lack of clarity over the Irish border.

Fri, 27 Oct 2017 10:50:39 GMT

Twitter blocks ads from Russia's Sputnik, RT media outlets

On Thursday, Twitter banned Russian news outlets Sputnik and Russia Today from buying ads on the social media's network amid accusations of the 2016 US election meddling.

Fri, 27 Oct 2017 10:01:03 GMT

Moody's: China's long-term growth plan could improve its ratings

Moody's Investors Service said that China's re-focus on the quality of growth would improve productivity and thus provide a positive environment for an increase in the country's ratings.

Fri, 27 Oct 2017 09:59:22 GMT

European shares peak on Friday amid good earnings, ECB statement

European shares were trading near a five-month high on Friday, being driven by solid earnings and the European Central Bank's decision to continue its monetary stimulus.

Fri, 27 Oct 2017 09:25:07 GMT

Uber names banking top executive as its UK chairman

The former banking executive Laurel Powers-Freeling was appointed as Uber's first UK chairman and would take his new position on November 1.

Fri, 27 Oct 2017 09:15:28 GMT

Spain set to impose Article 155 in Catalan crisis

Spanish government is prepared to trigger a direct rule in the wealthy region of Catalonia on Friday; a move that may spark unrest, as secessionists urge for a defiant independence declaration.

Fri, 27 Oct 2017 08:21:21 GMT

Cambodia PM has no fear of US sanctions

Cambodia's PM Hun Sen stated on Friday that the Western sanctions would not hurt him, following some threats by the US senators to impose travel restrictions over the opposition leader's arrest.

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