News

Note: This section contains information in English only.
Tue, 26 Sep 2017 09:29:07 GMT

Western Digital seeks injunction to ban Toshiba's chip unit sale

On Tuesday, Western Digital stated it would seek for injunction to block Toshiba's $18B sale of its chip semiconductor business to a rival company.

Tue, 26 Sep 2017 08:31:14 GMT

Disney launches shopping website, tests store redesign

Walt Disney is testing new design of the retail stores, first in seven years, as it is also launching a shopping website on Tuesday amid company's intention to boost its visits and revenue.

Tue, 26 Sep 2017 08:21:19 GMT

China sees no winner in Korean peninsula war

On Tuesday, China said that the Korean peninsula war would have no winner, following North Korea's statement that the US had declared war and it reserved its right to take necessary countermeasures.

Tue, 26 Sep 2017 07:32:12 GMT

JPMorgan to hire over 3K staff in new Polish operations centre

The US bank JPMorgan Chase is eager to hire over 3K people in Poland's new operations centre in the following three years.

Tue, 26 Sep 2017 07:12:16 GMT

Rights group blames Myanmar for crimes against humanity

On Tuesday, Human Rights Watch accused Myanmar of carrying out crimes against humanity, calling the UN Security Council to slap sanctions and arm embargo on the violent country.

Tue, 26 Sep 2017 06:19:38 GMT

Nestle reveals margin goal

On Tuesday, the Swiss food corporation Nestle announced a 17.5-18.5% margin target and confirmed the plans to come back to mid-single-digit organic sales growth by 2020.

Tue, 26 Sep 2017 06:19:22 GMT

Gunman kills three guards in West Bank

According to the Israeli police spokeswoman, a Palestinian gunman attacked and killed three guards and injured a fourth in a Jewish village in the West Bank before he was neutralized by local law enforcement officers.

Tue, 26 Sep 2017 05:14:23 GMT

Puerto Rico asks for aid

On Monday, the Governor of Puerto Rico Ricardo Rossello said that he requested for more federal aid in order to avoid a humanitarian crisis after Hurricanes Irma and Maria.

Tue, 26 Sep 2017 05:13:36 GMT

Oil price surges to $59.48

Oil prices rose by 46 cents on Tuesday, reaching $59.48 a barrel, as Turkey threatened to impede crude supplies from Iraq's Kurdistan.

Tue, 26 Sep 2017 04:22:37 GMT

Iraq refuses to talk with KRG

According to the Iraqi Prime Minister Haider al-Abadi, Iraq is not ready to discuss with the Kurdistan Regional Government (KRG) results of the "unconstitutional" referendum on independence that took place on Monday.

Tue, 26 Sep 2017 04:22:14 GMT

Thailand PM to meet with Trump on October 3

According to the White House, the Thai Prime Minister Prayut Chan-o-cha will meet with the US President Donald Trump on October 3 to discuss bilateral relations and increase cooperation in the Indo-Pacific region.

Tue, 26 Sep 2017 03:21:03 GMT

Proposed healthcare bill to hurt US economy

Standard & Poor's Global Ratings report suggested that the recently proposed healthcare bill aiming to overhaul Obamacare is likely to hurt the US economy, affecting 580K jobs.

Tue, 26 Sep 2017 03:20:36 GMT

ADP raises China growth forecast to 6.7% in 2017

The Asian Development Bank said that it raised the outlook for China's economic expansion to 6.7% this year due to solid domestic consumption, strong growth in services and an export recovery.

Tue, 26 Sep 2017 01:54:11 GMT

Google, Facebook to change political ads handling

Alphabet's Google and Facebook will need to rein in political ads and change its handling amid growing pressure from the US government side.

Tue, 26 Sep 2017 01:53:12 GMT

AIG to reorganize into three new units

American International Group stated that the company would restructure into three new units and would no longer have separated consumer and commercial business.

Mon, 25 Sep 2017 20:11:27 GMT

Target to raise minimum hourly wage

On Monday, the Minneapolis-based retailer Target revealed it would raise the minimum hourly wage to $11 and promised to increase it to $15 per hour by 2020.

Mon, 25 Sep 2017 20:10:58 GMT

Yemeni forces detain US citizen

The Yemeni Houthi forces arrested an American citizen in the country's capital of Sanaa, the man's colleagues revealed on Monday.

Mon, 25 Sep 2017 19:03:02 GMT

Fed's Evans: monetary policy remains accommodative

Chicago Federal Reserve President Charles Evans revealed on Monday that he believed the country's monetary policy was still accommodative.

Mon, 25 Sep 2017 19:02:33 GMT

US Dudley: Fed on course to hike rates

The President of the New York Fed William Dudley said the central bank was on track to hike rates given the strong US economic fundamentals.

Mon, 25 Sep 2017 18:02:34 GMT

Deloitte suffers from cyber attack

On Monday, the global accountancy company Deloitte said hackers had attacked the company's e-mail platform, compromising data of a number of the firm's clients.

Mon, 25 Sep 2017 18:02:17 GMT

Lufthansa appoints new chairman

Lufthansa announced on Monday it had appointed the company's former CFO Karl-Ludwig Kley as the new supervisory board chairman.

Mon, 25 Sep 2017 17:03:21 GMT

Morgan Stanley ordered to pay $13M in fines

On Monday, the US Financial Industry Regulatory Authority ordered Morgan Stanley to pay around $13M in restitution and fines.

Mon, 25 Sep 2017 17:03:05 GMT

Republicans revise healthcare bill on tepid support

Appealing to those senators who are still undecided, the Republicans released a revised legislation to voice more support for the Obamacare repeal bill.

Mon, 25 Sep 2017 16:05:10 GMT

Daimler to check truck "platooning" on US roads

The truck division of the German carmaker Daimler announced it would test its new "platooning" technology on US roads.

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