News

Note: This section contains information in English only.
Thu, 28 Sep 2017 20:09:29 GMT

UBS points to Toronto housing bubble

UBS reported on Thursday that Toronto was the number one city in terms of a housing bubble risk, followed by Stockholm and Munich.

Thu, 28 Sep 2017 20:01:44 GMT

UN offers to help resolve Iraqi-Kurdish conflict

The Iraqi Foreign Ministry reported on Thursday that the United Nations offered its help to resolve the Iraqi-Kurdish conflict.

Thu, 28 Sep 2017 19:59:41 GMT

UN offers to help resolve Iraqi-Kurdish conflict

The Iraqi Foreign Ministry reported on Thursday that the United Nations offered its help to resolve the Iraqi-Kurdish conflict.

Thu, 28 Sep 2017 19:51:33 GMT

US wholesale inventories rise 1.0% in August

The US Census Bureau reported that according to its preliminary estimates wholesale inventories rose 1.0% last month, following July's climb of 0.6% and falling behind analysts' expectations for a 0.4% increase.

Thu, 28 Sep 2017 19:51:08 GMT

US trade balance improves in August

The US Bureau of Economic Analysis reported on Thursday that the country's trade deficit narrowed to $62.9B last month, down from July's $63.9B, whereas analysts anticipated an expansion to $65.0B.

Thu, 28 Sep 2017 18:54:20 GMT

Iran to quit nuclear dial if US withdraws

Iran is set to abandon the nuclear agreement it reached with major powers if the US decides to withdraw from the deal, the Iranian Foreign Minister said.

Thu, 28 Sep 2017 18:53:48 GMT

Britain and EU make not enough progress on Brexit to open trade talks

Britain and the EU made insufficient progress to enter the next phase of talks on a future trade agreement or a post-Brexit transition period, top negotiators stated.

Thu, 28 Sep 2017 16:51:59 GMT

Video streaming company Roku raises $219M in IPO

Roku, the Fox-backed video streamer, raised nearly $219M in an IPO, which was priced at the top of its anticipated price range, the company stated.

Thu, 28 Sep 2017 16:51:24 GMT

Mitsubishi recalls more than 63K cars in Russia

Rosstandart, the Russian standards watchdog, was informed that Mitsubishi Motors was recalling more than 63K of Pajero and Galant cars sold in Russia between 2006 and 2016 years.

Thu, 28 Sep 2017 15:56:16 GMT

ECB rules on bank solvency, aid might be redefined

Sabine Lautenschlaeger, the ECB top supervisor, stated that rules on bank's solvency and when it could receive help from state need to be redefined to avoid further failures.

Thu, 28 Sep 2017 15:56:05 GMT

Accenture reports higher revenue as bets on cloud, digital pay off

Accenture reported better-than-anticipated quarterly revenue, as the outsourcing and consulting provider benefited from investments made in cloud and digital service businesses.

Thu, 28 Sep 2017 15:24:59 GMT

US economic growth revised higher in Q2

The Commerce Department reported that the US economy revealed a slightly faster-than-anticipated growth pace of 3.1% in the June quarter.

Thu, 28 Sep 2017 15:23:24 GMT

ECB to talk over adjustment, not ending monetary stimulus

The ECB policymakers are likely to discuss adjusting, not ending of the economic stimulus amid stronger-than-expected growth, the ECB Chief Economist Pater Praet said.

Thu, 28 Sep 2017 14:17:29 GMT

Chevron names new CEO as Watson quits

Mike Wirth, the current Vice Chairman of Chevron, is set to become the firm's next CEO in February to replace the retiring John Watson, the company announced on Thursday.

Thu, 28 Sep 2017 14:10:50 GMT

ECB hopes to reach Basel III accord by year end

The European Central Bank executive board member Sabine Lautenschlaeger expects the Basel III deal, aimed at stability ensuring in the banking sector, to be reached by the end of this year.

Thu, 28 Sep 2017 13:33:21 GMT

US initial jobless claims jump 12K last week

The number of applications for US unemployment benefits surged 12K to 272 in the week ending September 23, following the prior week's upwardly revised 260K reading.

Thu, 28 Sep 2017 13:22:08 GMT

Kellogg appoints Nature's Bounty head as new CEO

Kellogg named the chief executive of Nature's Bounty Steven Cahillane as the cereal maker's new CEO to replace John Bryant after his resignation on March 15.

Thu, 28 Sep 2017 12:26:20 GMT

12 Afghani police men dead amid suicide car bomb

No less than 12 Afghan police officers were reported to be killed in a car blast, as a suicide attacker packed with bombs drove into their Kandahar checkpoint on Wednesday.

Thu, 28 Sep 2017 12:16:08 GMT

BlackBerry Q2 profit surges amid strong software sales

BlackBerry posted on Thursday its Q2 adjusted profit of $19M, or 4 cents a share, triggered by strong software sales, and compared to a loss of $371M or 71 cents a year earlier.

Thu, 28 Sep 2017 11:06:52 GMT

Seagate to supply $1.25B towards Toshiba chip unit purchase

Seagate Tech stated on Thursday it sought to contribute $1.25B of $18B deal with Bain Capital to buy Toshiba's chip unit, expecting to enter a long-term supply accord with the company.

Thu, 28 Sep 2017 11:06:41 GMT

UK urges Ryanair for "actions" as flight cancellations rise

Britain's aviation authorities urged Ryanair to take actions as the amount of cancelled flights through Christmas doubled since the last week, affecting over 700K customers in the following five months.

Thu, 28 Sep 2017 10:09:59 GMT

SASAC says restructuration plan for state-owned enterprises ‘basically complete'

The plan for China's SOEs intended to modernise and reform the sector was in its final stage, the State-owned Assets Supervision and Administration Commission said on Thursday.

Thu, 28 Sep 2017 09:59:34 GMT

UK's May says Boeing's actions towards Bombardier undermining partnership with country

The British Prime Minister Theresa May noted on Thursday that Boeing's behaviour towards the Canadian Bombardier was undermining its long-term partnership with the United Kingdom.

Thu, 28 Sep 2017 09:30:31 GMT

Lyft aimed to hire IPO adviser

The second largest US ride service firm Lyft is expected to select an IPO advisory company in its first step to become publicly listed, according to sources familiar with the matter.

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