News

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Tue, 29 Aug 2017 16:04:43 GMT

US consumer confidence rises in August

The mood of American shoppers improved more than expected in August, with the CB Consumer Confidence Index rising to 122.9 from July's 120.0 and topping expectations for an increase to 120.9.

Tue, 29 Aug 2017 16:03:29 GMT

Canadian IPPI plunges 1.5% last month

Statistics Canada reported that its Industrial Product Price Index dropped 1.5% in July, following the preceding month's decline of 1.1% and falling behind analysts' expectations for a 0.7% decrease.

Tue, 29 Aug 2017 16:02:32 GMT

Canadian IPPI plunged 1.5% last month

Statistics Canada reported that its Industrial Product Price Index dropped 1.5% in July, following the preceding month's decline of 1.1% and falling behind analysts' expectations for a 0.7% decrease.

Tue, 29 Aug 2017 15:01:22 GMT

Canadian RMPI drops more than expected in July

Statistics Canada reported on Tuesday that its Raw Material Price Index fell 0.6% last month after plunging 3.6% in June, whereas analysts anticipated a decline of 0.2%.

Tue, 29 Aug 2017 15:00:46 GMT

Consumer spending in France rebounds in July

France's National Institute of Statistics and Economic Studies reported that consumer spending surged 0.7% last month, following June's upwardly revised drop of 0.7%.

Tue, 29 Aug 2017 14:31:49 GMT

India's Uber drivers to get free insurance

The ride-hailing company Uber Tech is planning to provide its 450K driver partners in India with a free insurance that would cover disability, hospitalisation or death due to accidents, the firm stated on Tuesday.

Tue, 29 Aug 2017 14:20:38 GMT

Russia calls North Korea to respect UN resolutions

Russia's Foreign Minister Sergei Lavrov stated on Tuesday that North Korea must adhere to the UN Security Council resolutions concerning the provocative country's missile programme.

Tue, 29 Aug 2017 13:34:15 GMT

Lufthansa seeks Air Berlin long-haul aircraft

According to the source familiar with the issue, Lufthansa seeks for at least 17 Air Berlin's long-haul planes after the struggling German company had filed for bankruptcy protection earlier this month.

Tue, 29 Aug 2017 13:28:01 GMT

Accenture teams up with Apple on iOS apps for businesses

Tech giant Apple will join hands with the professional services firm Accenture to help businesses make better apps for the iPhone and iPad operating system iOS.

Tue, 29 Aug 2017 12:34:05 GMT

Macron calls EU not to let Brexit lead debate

France's President Emmanuel Macron stated on Tuesday that the EU must not let the Brexit to dominate debate and needed to focus on the future of the bloc.

Tue, 29 Aug 2017 12:28:23 GMT

Iran turns down demand for UN inspectors to visit military bases

Iran rejected a US demand for the UN nuclear inspectors' visit to the country's military sites as Washington sought to ensure that no activities banned by the 2015 nuclear deal were concealed.

Tue, 29 Aug 2017 11:05:55 GMT

Nissan, Renault to tie-up with Dongfeng in electric car venture

Renault and Nissan are aimed to set up a new venture with China's Dongfeng Motor to produce electric vehicles in the Asian country as the carmakers seek to prepare for severe electric car quotas introduced by China.

Tue, 29 Aug 2017 11:05:43 GMT

Kazakhstan President appoints two new Deputy PMs

On Tuesday, the leader of Kazakhstan Nursultan Nazarbayev appointed Askar Zhumagaliyev and Yerbolat Dosayev as new Deputy Prime Ministers.

Tue, 29 Aug 2017 10:18:06 GMT

Sudan wants to restore relations with US

On Tuesday, the Sudan's Foreign Minister Ibrahim Ghandour said that his country, which has been under the American sanctions for 20 years, seeks to restore normal relations with the United States.

Tue, 29 Aug 2017 10:16:50 GMT

Merkel supports European Monetary Fund creation

On Tuesday, the German Chancellor Angela Merkel supported an idea of creation of the European Monetary Fund, which could help to respond quickly to a crisis situation in the Euro zone.

Tue, 29 Aug 2017 09:34:24 GMT

Five dead after suicide bomber attacks Kabul bank

On Tuesday, a suicide bomber killed no less than five people and injured eight after he blew himself up at the bank in the Afghan capital of Kabul.

Tue, 29 Aug 2017 09:30:12 GMT

UK must settle Brexit issues before trade talks with EU

The European Commission leader Jean-Claude Juncker stated on Tuesday that the negotiations on the EU-UK future trading relationship would be launched only after Britain resolved the Brexit issues.

Tue, 29 Aug 2017 08:34:15 GMT

North Korea's missile launch over Japan heats up tensions

North Korea has fired another ICBM over the Japanese island early this Tuesday, which raised tensions and prompted warnings to Japanese people to take cover.

Tue, 29 Aug 2017 08:16:33 GMT

Japan's jobless rate remains on hold at 2.8%

The Statistics Bureau reported on Tuesday that the unemployment rate in Japan remained unchanged at 2.8% in July, meeting analysts' expectations.

Tue, 29 Aug 2017 07:34:28 GMT

Ford, Domino's tie-up on self-driving pizza delivery test

Ford Motor teamed with Domino's Pizza to launch a self-driving pizza delivery test in the US state of Michigan, in September.

Tue, 29 Aug 2017 07:25:37 GMT

New Zealand Labour Party seeks to slap tax on tourists

The opposition Labour Party of New Zealand seeks to impose a tourist tax with intention to fund new infrastructure on the back of a tourism boom and invest billions of dollars into education and health.

Tue, 29 Aug 2017 06:30:33 GMT

Shooter kills two, injures four at New Mexico library

On Monday, a young man started shooting at the New Mexico public library in a small town of Clovis, leaving at least two people dead and four more injured.

Tue, 29 Aug 2017 06:22:23 GMT

Uber to halt riders' post-trip tracking amid privacy push

Uber Tech is eager to remove a feature from its app that allows it to track any rider for five minutes after a trip, as the company faced strong criticism over its customers' privacy.

Tue, 29 Aug 2017 05:01:31 GMT

South Korea to increase government spending next year

The government of South Korea revealed its plans to increase government spending to a record $383.05B in 2018 to fund growing welfare costs and create new jobs.

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