News

Note: This section contains information in English only.
Fri, 22 Sep 2017 13:22:15 GMT

Carrefour Brasil appoints new CEO

Carrefour Brasil appointed Noël Prioux as its new Chief Executive Officer to replace Charles Desmartis, who had stepped down from his post, the company said in a statement on Friday.

Fri, 22 Sep 2017 12:32:18 GMT

Time Inc considers selling several assets

The largest US and British publisher Time Inc stated that it was considering to sell some of its assets, following the last month's new cost-cutting programme, and targeting $400M in spending cuts.

Fri, 22 Sep 2017 12:20:47 GMT

Bentley's CEO Duerheimer to resign

The CEO of the luxury UK automaker Bentley Motors Wolfgang Duerheimer is eager to step down from his post and will be replaced by the strategy head of its rival Jaguar Land Rover Adrian Hallmark.

Fri, 22 Sep 2017 10:52:56 GMT

Iran reveals ICBM with range of 2K km

According to the Tasnim news outlet, Iran unveiled its ballistic missile with the range of 2K km, which is capable of carrying a number of warheads.

Fri, 22 Sep 2017 10:52:45 GMT

Britain to face its financial obligations after Brexit

The Minister of Transport Chris Grayling stated on Friday that Britain would have to meet its Brexit financial obligations after leaving the European Union.

Fri, 22 Sep 2017 09:54:33 GMT

Citigroup to participate in Belt & Road initiative to increase revenue

Christine Lam, the CEO of Citigroup Inc for the Chinese market, said on Friday that the bank plans to boost its revenue in the country by taking part in the Belt & Road initiative.

Fri, 22 Sep 2017 09:54:06 GMT

Ending Libor will not affect SNB's monetary policy, says board member Moser

Dewet Moser said on Friday that the decision to discontinue the London Interbank Offered Rate would not affect the ability of the Swiss National Bank to conduct monetary policy.

Fri, 22 Sep 2017 09:31:45 GMT

Damascus airport hit by rockets in deemed Israeli attack

On Friday, two rockets struck close to the Damascus airport in a suspected attack by Israel's warplanes from the outside of Syrian borders.

Fri, 22 Sep 2017 08:34:38 GMT

L'Oreal shares rise amid Bettencourt' death

On Friday, shares in L'Oreal jumped 4%, following the death of the billionaire Liliane Bettencourt, who held the biggest stake of 33% in the cosmetics company, which raised concerns about the group's future.

Fri, 22 Sep 2017 08:30:54 GMT

Hurricane Maria death toll jumps to 32 in Caribbean

The Hurricane Maria death toll surged again to no less than 32 people as the storm raged through the Caribbean, devastating a few small islands, including St. Croix and Dominica.

Fri, 22 Sep 2017 07:34:27 GMT

Kim Jong Un considers H-bomb test launch in Pacific

North Korea stated on Friday that it might launch a new test of a hydrogen bomb over the Pacific Ocean, following the US President Donald Trump's statement that it would destroy the provocative country.

Fri, 22 Sep 2017 07:30:42 GMT

Spanish police detain suspect in Barcelona attacks

On Friday, Spanish police men detained a man suspected of links to the last month's Barcelona attack, when a death toll reached 16 and dozens were injured.

Fri, 22 Sep 2017 06:31:36 GMT

Air Berlin picks Lufthansa, easyJet as possible buyers

Air Berlin has chosen German Lufthansa and British easyJet as the struggling airline's potential buyers and will hold the carve-up talks for the next weeks with both of the companies.

Fri, 22 Sep 2017 06:24:29 GMT

Canada unlikely to leave NAFTA despite tough talks

Canada is not likely to walk away from NAFTA, despite its threats as it still remains too reliant on the US market due to the country's limited success in diversifying exports.

Fri, 22 Sep 2017 05:18:48 GMT

France might skip 2018 Winter Olympics

The French Sports Minister revealed that the country's Winter Olympics team would skip the Games in South Korea in 2018 if the team's security cannot be assured.

Fri, 22 Sep 2017 05:17:55 GMT

S&P downgrades China's sovereign credit rating

On Friday, S&P Global Ratings said it had downgraded China's sovereign credit rating due to the fact that the state's attempts to mitigate risks from a rapid debt build-up are not fully efficient.

Fri, 22 Sep 2017 04:17:47 GMT

Boeing projects higher demand for planes in Southeast Asia

The world's leading commercial jetliners' manufacturer Boeing said it saw Southeast Asia demand for its new planes surging sharply over the next two decades.

Fri, 22 Sep 2017 04:16:59 GMT

China expels ex-party boss of Gansu from ruling Communist Party

The Chinese Central Commission for Discipline Inspection revealed that the former Gansu province party leader had received bribes, for which he was expelled from the ruling Communist Party.

Fri, 22 Sep 2017 03:26:19 GMT

Baidu establishes $1.5B autonomous driving fund

China's search engine Baidu announced a $1.52B autonomous driving fund as a part of a plan to compete with US rivals and speed up the company's technical development.

Fri, 22 Sep 2017 03:25:06 GMT

HTC shares jump 9.96% on its deal with Google

Shares of HTC went 9.96% up in the early Friday session, as the company announced that Google would pay $1.1B for the division that develops the US firm's Pixel smartphones.

Fri, 22 Sep 2017 02:06:48 GMT

Turkish Airlines to order 40 Boeing Dreamliners

Turkish Airlines expressed intention to purchase 40 of Boeing 787-9 Dreamliners, seeking to enhance fleet capacity to meet demand for wide-body models.

Fri, 22 Sep 2017 02:05:49 GMT

Facebook to review political ads after US regulation threat

Facebook launched a revision of how it manages paid political advertisements, providing a concession to US lawmakers, which threatened to regulate the social network over secretive ads.

Thu, 21 Sep 2017 20:06:33 GMT

South Africa's central bank raises concern about KPMG

On Thursday, the Central Bank of South Africa expressed its concern about "regrettable" methods and practices used by one of the Big Four auditors KPMG.

Thu, 21 Sep 2017 20:06:13 GMT

Trump calls Erdogan a friend

On Thursday, the US President Donald Trump named the Turkey's leader Tayyip Erdogan as a friend in spite of tensions between two countries over the Syrian war and the upcoming Kurdish referendum in Iraq.

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