News

Note: This section contains information in English only.
Wed, 11 Oct 2017 01:48:05 GMT

Striking workers in France disrupt schools, flights

Public sector workers in France went on strike against the President Emmanuel Macron intention to tighten conditions and cull jobs, disrupting school activities and flights.

Tue, 10 Oct 2017 20:10:58 GMT

EU not working on no-deal scenario on Brexit

The other 27 member states of the EU do not work on a no-deal scenario in their Brexit talks with Britain, the President of the European Council Donald Tusk said.

Tue, 10 Oct 2017 20:05:56 GMT

Nokia to stop its VR camera development

Nokia plans to abandon its development of the virtual reality camera "OZO" and lay off nearly 310 employees.

Tue, 10 Oct 2017 19:21:53 GMT

IMF revises its global growth forecast amid broad-based recovery

The IMF raised its global growth projection to 3.6% in 2017 and 3.7% in 2018 amid broad-based recovery in Europe, China, Japan and the US. 

Tue, 10 Oct 2017 19:15:14 GMT

Equinox reports 15.2 client records in UK were compromised in cyber attack

The credit reporting agency Equifax said that 15.2M client records in the UK were compromised in a cyber attack it disclosed last month, including sensitive information affecting almost 700K consumers.

Tue, 10 Oct 2017 18:20:17 GMT

Google to create more jobs in France amid e-commerce development

Google France is seen to increase its personnel from 700 to 1K in 2018, as well as to double its office space in the country, as the company seeks to seize an opportunity of e-commerce development.

Tue, 10 Oct 2017 18:13:33 GMT

Britain to join NAFTA if EU refuses post-Brexit deal

The UK could join a trade alliance with the US, Canada and Mexico if the EU refuses to seal a post-Brexit trade deal.

Tue, 10 Oct 2017 17:05:02 GMT

Canada's building permits drop 5.5% in August

Data released by Statistics Canada revealed the country's building permits dropped 5.5% for the month of August, missing estimates for a 0.9% decline.

Tue, 10 Oct 2017 17:04:52 GMT

Canadian housing starts trend slows in September

According to the data released by Canada Mortgage and Housing Corporation, the trend in the country's housing starts was 214.8K units in September, down from 220.6K in August.

Tue, 10 Oct 2017 16:06:07 GMT

British industrial production in line with forecasts

British industrial production was released in line with expectations, dipping slightly from the previous month's upwardly revised gain of 0.3%, the ONS revealed on Tuesday.

Tue, 10 Oct 2017 16:05:54 GMT

UK August construction output jumps 0.6%

The Office for National Statistics reported on Tuesday that construction output in the United Kingdom advanced 0.6% in August, beating expectations.

Tue, 10 Oct 2017 15:15:01 GMT

British trade deficit widens in August

Data released by the ONS on Tuesday revealed that the UK's goods trade deficit widened to 14.2B over the month of August from 12.8B deficit registered in the preceding month.

Tue, 10 Oct 2017 15:14:51 GMT

UK manufacturing production soars 0.4% in August

According to the data released by the Office for National Statistics on Tuesday, the UK's manufacturing production was up 0.4% in August, topping analysts' estimates for a 0.2% rise.

Tue, 10 Oct 2017 14:12:26 GMT

Pope to visit Myanmar and Bangladesh in November

Pope Francis is set to meet Myanmar's military generals, senior Buddhist monks and the civilian leader Aung San Suu Kyi during his visit to that country and Bangladesh in November over Rohingya crisis.

Tue, 10 Oct 2017 14:02:58 GMT

Erdogan sure US envoy to blame for diplomatic crisis

Turkish President Tayyip Erdogan blamed the US ambassador to Turkey for the diplomatic crisis between the countries, adding that Ankara would no longer consider him as Washington envoy.

Tue, 10 Oct 2017 13:30:43 GMT

Trump prepares measure to punish outsourcing firms

The US President Donald Trump stated that he was eager to set an "economic-development" measure to punish those companies, which globally outsource jobs.

Tue, 10 Oct 2017 13:24:00 GMT

Wal-Mart introduces $20B buyback plan

On Tuesday, Wal-Mart Stores launched a $20B share buyback plan, forecasting the US online sales to rise by around 40% in the next fiscal year.

Tue, 10 Oct 2017 12:04:17 GMT

Worker rights for Uber UK drivers to cost millions of pounds

On Tuesday, Uber stated that giving worker rights to its British drivers would cost the company tens of millions of pounds, as it currently classified its 50K drivers in the UK as self-employed.

Tue, 10 Oct 2017 12:04:05 GMT

Catalonia may declare independence against Madrid will

Catalonia is nearing possible independence proclamation on Tuesday, as its leader Carles Puigdemont has prepared to address the session, despite Madrid warned of taking counter-measures.

Tue, 10 Oct 2017 10:58:25 GMT

VW to shrink dealer network, introduce online sales

Germany's carmaker Volkswagen is planning to launch online sales and shrink its EU dealer network, hoping to boost its efficiency and profitability by an average 10%.

Tue, 10 Oct 2017 10:58:15 GMT

Japan launched new high-precision GPS satellite

On Tuesday, Japan launched its fourth satellite for a high-precision GPS, expecting to encourage new businesses and boost the country's economic growth.

Tue, 10 Oct 2017 10:07:23 GMT

Yildirim urges US to resolve visa problem

On Tuesday, the Prime Minister of Turkey Binali Yildirim asked the United States to act reasonably and resolve the visa dispute as soon as possible.

Tue, 10 Oct 2017 10:02:18 GMT

Gunman kills two at university in Kenya

Non less than two people were reported to be dead after an unknown gunman opened fire near the Technical University of Mombasa (TUM), Kenya.

Tue, 10 Oct 2017 09:34:23 GMT

Kazakh PM fires two top officials over gasoline shortages

On Tuesday, Kazakhstan's Prime Minister fired his two top energy officials after the biggest oil exporter of the Central Asia reported fuel shortages on its domestic market.

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