News

Note: This section contains information in English only.
Thu, 19 Oct 2017 17:15:20 GMT

EU to discuss protection of journalists and media freedom

The European Parliament is set to discuss the protection of journalists and media freedom in Malta next week. The EU leaders call for a thorough investigation into a murder of the Maltese best-known investigative reporter.   

Thu, 19 Oct 2017 16:12:55 GMT

CB Leading Index for US dips 0.2% last month

The Conference Board reported on Thursday its Leading Economic Index for the United States dropped 0.2% over the course of September.

Thu, 19 Oct 2017 16:12:39 GMT

Philly Fed Manufacturing Index improves in October

The Federal Reserve Bank of Philadelphia's Manufacturing Index surged in October, jumping to 27.9 points from the 23.8-point reading registered in the preceding month.

Thu, 19 Oct 2017 14:57:44 GMT

Swiss September trade surplus widens to CHF 2.92B

According to the Swiss Federal Statistical Office, the country's trade surplus managed to widen from CHF 2.20B to CHF 2.92B over the course of the prior month.

Thu, 19 Oct 2017 14:57:27 GMT

UK retail sales drop 0.8% in September

The Office for National Statistics reported on Thursday that retail sales in the United Kingdom were down 0.8% over the month of September.

Thu, 19 Oct 2017 14:21:10 GMT

Apple shares fall amid iPhone 8 low demand

Shares in Apple dropped 1.5% on Thursday amid traders and brokers speculations over low demand and production cuts of the new iPhone 8, right ahead of the iPhone X launch in November.

Thu, 19 Oct 2017 14:15:27 GMT

Dutch PM calls UK to be clearer on Brexit bill

On Thursday, The Dutch Prime Minister Mark Rutte called the British PM Theresa May to clear up the Brexit financial commitments the UK is eager to honour the European Union.

Thu, 19 Oct 2017 13:24:52 GMT

Nissan to halt vehicle domestic production for Japan

Nissan is eager to suspend domestic production of cars for the Japanese market for two weeks, as it aims to address misconduct in the inspection procedures that caused a major recall.

Thu, 19 Oct 2017 13:02:13 GMT

US initial jobless claims drop 22K last week

The number of applications for US unemployment benefits fell 22K to 222K in the week ending October 14, following the prior month's upwardly revised reading of 244K.

Thu, 19 Oct 2017 12:02:30 GMT

Iraq seeks to restore Kirkuk oil output

The oil ministry stated on Thursday that Iraq would not be able to renew Kirkuk's oil output before Sunday due to missing equipment at the Avana and Bai Hasan oil fields.

Thu, 19 Oct 2017 11:51:24 GMT

Erdogan seeks mayors' resignation ahead of election

On Thursday, Turkey's President Tayyip Erdogan called mayors of the three main Turkish cities to resign, as he seeks to revitalise his ruling party right ahead of the 2019 elections.

Thu, 19 Oct 2017 11:26:46 GMT

China central bank's Zhou likely to retire

China central bank governor Zhou Xiaochuan is considering to retire in the near future, saying he would likely be replaced by veteran banker Jiang Chaoliang or senior banking regulator Guo Shuqing.

Thu, 19 Oct 2017 11:12:36 GMT

Novartis to phase out 450 jobs amid plant shutdown

Novartis is planning to cut 450 job positions in the US in the following two years, as the Swiss drugmaker shuts down its generic plant in Colorado, discontinuing some product amid intense price pressures.

Thu, 19 Oct 2017 09:55:35 GMT

Crude market is re-balancing, says OPEC Secretary General

The OPEC Secretary General Mohammad Barkindo said that signs of re-balanced crude market had emerged due to actions taken by global oil producers against increased supply.

Thu, 19 Oct 2017 09:54:57 GMT

May promises to protect rights of EU citizens living in UK after Brexit

The British Prime Minister Theresa May assured on Thursday that the rights of EU nationals living lawfully in the United Kingdom would be protected after Brexit.

Thu, 19 Oct 2017 09:28:45 GMT

Spain to suspend Catalonia's autonomy

Spanish government is willing to trigger the Article 155 on Sunday to suspend the Catalan political autonomy, the PM's office announced on Thursday.

Thu, 19 Oct 2017 09:24:42 GMT

Airbus A330neo successfully launches first flight

On Thursday, Airbus A330neo aircraft successfully took off on its maiden flight that was designed to compete with Boeing's 787 Dreamliner.

Thu, 19 Oct 2017 07:51:46 GMT

Nasdaq and SGX make a pact

Singapore Exchange and Nasdaq have announced that they will attempt to attract fast growing Asian firms, which are interested to be listed on both exchanges.

Thu, 19 Oct 2017 07:47:10 GMT

New Zealand coalition is announced

The leader of the Labour party Jacinda Ardern is set to create New Zealand's next government together with the support of one of the small nationalist parties.

Thu, 19 Oct 2017 07:09:46 GMT

Mimura comments on Kobe Steel

Akio Mimura, the chairman of Japan's Chamber of Commerce and Industry, has announced that the view of Kobe Steel on the recent scandal needs to be heard before any conclusions can be made.

Thu, 19 Oct 2017 07:06:40 GMT

Japanese carmakers approve Kobe Steel safety

Already three Japanese carmakers have announced that the aluminium components manufactured by Kobe Steel meet the automaker safety standards.

Thu, 19 Oct 2017 05:56:20 GMT

SAP growth slows in third quarter

The Euro area's most valuable tech firm SAB reported that its revenue growth slowed in Q3, as profits came short of forecasts, but said it could meet its financial target for 2017.

Thu, 19 Oct 2017 05:55:37 GMT

Toyota says Kobe Steel plates meet standards

Toyota Motor confirmed that aluminium plates from Kobe Steel with faked quality data and, which the automaker used in vehicle parts had met durability and safety standards.

Thu, 19 Oct 2017 05:07:50 GMT

Colombia Congress accepts $80B budget for next year

The Congress of Colombia approved a budget of $80B for 2018, aiming to keep the country's credit rating, and the Finance Minister added that more international bonds wouldn't be issued.

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