News

Note: This section contains information in English only.
Thu, 14 Sep 2017 15:57:26 GMT

CSX Corp not to participate in Morgan Stanley conference due to Irma

The American transportation company CSX Corporation is not to attend a Morgan Stanley conference in California in order to assess network damage caused by Hurricane Irma.

Thu, 14 Sep 2017 14:28:46 GMT

Kirkuk governor condemns Iraqi Parliament vote as "unlawful"

The governor of the Kirkuk province Najmaddin Kareem condemned a vote by the Iraqi Parliament to remove him from post as "unlawful" and vowing to stay in power.

Thu, 14 Sep 2017 14:16:21 GMT

US government to remove Kaspersky products from its network

Trump's administration urged the US government agencies to remove the Kaspersky products from their networks amid allegations the cyber-security firm could jeopardise national security.

Thu, 14 Sep 2017 12:57:55 GMT

US consumer prices rise 0.4% in August

The Bureau of Labour Statistics reported on Thursday that US consumer prices jumped 0.4% in August, topping analysts' expectations for a 0.3% rise and following the prior month's 0.1% growth rate.

Thu, 14 Sep 2017 12:57:34 GMT

US initial jobless claims drop 14K last week

The number of applications for US unemployment benefits fell 14K to 284K in the week ending September 9, the US Department of Labour reported.

Thu, 14 Sep 2017 12:34:31 GMT

Huawei to boost market share by changing tack in Kenya

Chinese tech company Huawei is expecting to boost local market share after changing the firm's strategy in Kenya to showcase a $100-200 range of smartphones.

Thu, 14 Sep 2017 12:11:25 GMT

UK May stresses Iran nuclear deal's importance to Tillerson

The UK PM Theresa May stressed on Thursday the importance of the 2015 international pact on Iran nuclear programme to the US State Secretary Rex Tillerson at London's meeting.

Thu, 14 Sep 2017 11:33:28 GMT

Brazil's police conduct search operation at Maggi's house

Brazil federal police raided and searched the Minister of Agriculture Blairo Maggie's house in Brasilia on Thursday amid an ongoing graft and bribery scandal.

Thu, 14 Sep 2017 11:27:43 GMT

Iraq's Parliament seeks to remove Kirkuk's governor from office

On Thursday, the Iraqi Parliament voted to evict the Kirkuk governor out of his post, following the Prime Minister Haider al-Abadi's request.

Thu, 14 Sep 2017 10:01:00 GMT

Goldman Sachs to manage sale of Lotte Shopping supermarkets in China

The South Korean retailer Lotte Shopping has chosen Goldman Sachs to oversee the sale of its supermarkets in China closed due to political tensions between the countries.

Thu, 14 Sep 2017 10:00:01 GMT

Macedonia says all reforms in place to start EU accession talks

The Macedonian Foreign Minister Nikola Dimitrov said on Thursday that the country should be done with all the necessary reforms to start accession talks with the European Union.

Thu, 14 Sep 2017 09:31:08 GMT

Deutsche Boerse pays $12.5M fine to close insider trading case

Deutsche Boerse is willing to pay German authorities fines totalling $12.5M in an effort to settle a probe of its CEO Carsten Kengeter, who is suspected of insider trading.

Thu, 14 Sep 2017 09:19:41 GMT

ECB seeks for more evidence to decide on cutting stimulus

The European Central Bank is seeking for more evidence before the policymakers decide whether to reduce their monetary stimulus, the bank's rate-setter Bostjan Jazbec stated on Thursday.

Thu, 14 Sep 2017 08:32:35 GMT

23 die in Islamic school blaze in Malaysia

A blaze broke out early on Thursday's morning at an Islamic school in Malaysia's capital of Kuala Lumpur, claiming lives of no less than 23 people, mostly teenage boys, the officials reported.

Thu, 14 Sep 2017 08:27:52 GMT

JPMorgan unlikely to take control over Ubisoft

JPMorgan Chase has no plans to get the video games maker Ubisoft under control, despite a disclosure that the US bank indirectly held about 11% of Ubisoft's shares.

Thu, 14 Sep 2017 07:34:16 GMT

JPMorgan Chase to invest $40M within three years in Chicago

JPMorgan Chase & Co is willing to extend its urban renewal programme to Chicago and invest $40M over three years to revitalise finance small business growth and promote training on job skills.

Thu, 14 Sep 2017 07:22:40 GMT

North Korea vows to sink Japan, burn US to ashes

On Thursday, North Korea threatened to use its nuclear weapons to reduce the US to "ashes and darkness" and "sink" Japan for supporting the UN Security Council sanctions against its nuclear tests.

Thu, 14 Sep 2017 06:33:31 GMT

DoJ contacts Swiss Life over US clients

Switzerland's largest life insurer Swiss Life stated on Wednesday it had been contacted by the American Department of Justice to discuss its cross-border business with US clients.

Thu, 14 Sep 2017 06:25:49 GMT

Google to introduce digital payment service in India

According to the technology website TechCrunch, Google will launch a localised mobile payment service for its Indian customers next week.

Thu, 14 Sep 2017 04:24:16 GMT

Trump blocks China-backed company from buying US chipmaker Lattice

Donald Trump barred an equity firm backed in China from buying a US-based chipmaker Lattice, indicating that Washington will oppose deals involving technologies with possible military use.

Thu, 14 Sep 2017 04:23:38 GMT

VW and its Chain JVs to recall 4.86M vehicles due to Takata air bags' issues

Volkswagen and its China's joint ventures SAIC Volkswagen and FAW-Volkswagen will recall 4.86M cars amid issues caused by air bags provided by bankrupt vehicle parts maker Takata.

Thu, 14 Sep 2017 04:00:45 GMT

Kia Motors recruits former BMW designer as head of style

Kia Motors announced that it has hired new styling head Pierre Leclercq, an ex-BMW designer, aiming to help the company to ensure better future in the China's auto market.

Thu, 14 Sep 2017 03:56:54 GMT

China says foreign investments review not tool for protectionism

Chinese Commerce Ministry stated on Thursday that foreign investments review in sensitive sectors should not be a tool used for protectionism.

Thu, 14 Sep 2017 02:57:58 GMT

British Foreign Secretary to meet US Tillerson in London

The UK Foreign Secretary Boris Johnson is expected to meet with Rex Tillerson, the US Secretary of State, in London to discuss issues including North Korea, Hurricane Irma and Libya.

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