News

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Mon, 28 Aug 2017 13:52:47 GMT

Egypt and Germany reach deal to halt migrant flow

Germany announced on Monday that it had agreed on a deal with Egypt to stem migration flow from the Arab country on the back of domestic political tensions caused by refugees.

Mon, 28 Aug 2017 13:05:03 GMT

Car bomb hits Baghdad market, killing eight

A car bomb blast claimed by the Islamic State hit the crowded market in the Baghdad's Shi'ite Muslim district, leaving no less than eight people dead.

Mon, 28 Aug 2017 12:56:17 GMT

Danish Uber drivers found guilty of illegal taxi driving

On Monday, the Court of Copenhagen imposed fines on four Uber drivers for illegal taxi driving, with one of the drivers penalised about $78K.

Mon, 28 Aug 2017 12:28:27 GMT

New York regulator aims to fine Pakistani bank up to $630M

The New York State DFS seeks to fine the Pakistani Habib Bank up to $630M for deficiencies related to compliance with federal and state laws at its only US branch.

Mon, 28 Aug 2017 12:21:15 GMT

Pope plans visits to Bangladesh, Myanmar over Rohingya crisis

Pope Francis is planning his visits to Bangladesh and Myanmar in late November and early December amid the Rohingya Muslims crisis.

Mon, 28 Aug 2017 11:00:17 GMT

Iran deemed to build missile production sites in Lebanon, Syria

The Israeli PM Benjamin Netanyahu stated on Monday that Iran was constructing sites in Lebanon and Syria to produce missiles and use them against his country, which Israel found absolutely unacceptable.

Mon, 28 Aug 2017 11:00:08 GMT

Ex-Uzbek President's daughter to step down as ambassador

On Monday, the former Uzbek President Islam Karimov's daughter Lola Karimova-Tillyaeva stated that she would resign in the nearest future as UNESCO representative in Uzbekistan.

Mon, 28 Aug 2017 09:57:03 GMT

European shares edge lower on Monday

European shares fell to a two-week low on Monday in the wake of the ECB President Mario Draghi's speech on August 25 that resulted in a surge for the Euro.

Mon, 28 Aug 2017 09:53:47 GMT

Japan upbeat for continuous economic expansion

The government of Japan remained upbeat for the country's economic expansion led by solid domestic demand and a possible increase in public investment, a report showed on Monday.

Mon, 28 Aug 2017 09:19:47 GMT

Around 15K ATMs go offline in Indonesia amid satellite issues

About 15K of electronic card payment machines and ATMs went down over the weekend across Indonesia, following the outrage of the state-controlled "Telkom-1" satellite.

Mon, 28 Aug 2017 09:05:02 GMT

Samsung to invest $7B into China's NAND chip production

Samsung Electronics is eager to invest $7B in the following three years to boost its NAND memory chip output in China, the company confirmed on Monday.

Mon, 28 Aug 2017 08:33:47 GMT

Glencore to sell Australia's Rolleston coal mine

On Monday, Glencore announced about its plans to sell the Rolleston coal mine in Australia amid Glencore's intention to redeploy capital into other possibilities and optimise its portfolio.

Mon, 28 Aug 2017 08:28:12 GMT

China and India agree to terminate border dispute

The officials stated on Monday that China and India agreed to call out their troops from the disputed border area after the soldiers had been locked in a standoff over two months.

Mon, 28 Aug 2017 07:34:37 GMT

Vietnamese President appears in public after long-term absence

On Monday, the Vietnam President Tran Dai Quang appeared in public for the first time after a month-long absence amid deemed health problems.

Mon, 28 Aug 2017 07:28:32 GMT

France to hold migrant summit with EU "big four" powers

The French President Emmanuel Macron will host the Europe's "big four" powers on Monday amid the scheduled migrant summit as France's leader seeks to get refugee crisis under control.

Mon, 28 Aug 2017 06:31:52 GMT

Infosys' Nilekani aims at new CEO search, strategy

The Infosys new chairman Nandan M. Nilekani set a new CEO search a high priority, saying he would also focus on the company's future strategy development.

Mon, 28 Aug 2017 06:24:35 GMT

Samsung's Lee files appeal against five-year imprisonment

According to the Seoul Central District Court's web page, the former Samsung Vice President Jay. Y. Lee's defence lawyer appealed against the five-year imprisonment given to the tech giant's scion for bribery.

Mon, 28 Aug 2017 05:23:23 GMT

India's GDP to rise to 6.6%, GST in focus

The Indian GDP is seen rising to 6.6% in the bypast quarter; however, analysts surveyed by Reuters are extremely concerned that the GST could dampen growth in the short run.

Mon, 28 Aug 2017 05:13:40 GMT

China's lottery officials fired over alleged corruption

Late on Sunday, the leading Chinese watchdog revealed two state lottery officials had been removed from their positions over alleged corruption.

Mon, 28 Aug 2017 04:24:08 GMT

Uber picks new CEO

People familiar with the matter revealed Uber's board had picked Dara Khosrowshahi, the CEO of Expedia travel firm, as the company's new chief executive.

Mon, 28 Aug 2017 04:23:10 GMT

Western Digital chief to strike Toshiba chip deal

According to sources close to the matter, the CEO of Western Digital arrived in Tokyo and is ready to finalise a deal to acquire Toshiba's memory chip business.

Mon, 28 Aug 2017 02:52:45 GMT

CBS to buy Australian broadcaster Ten Network

The US most-watched broadcaster CBS Corp agreed to buy Australian free-to-air brodcasting firm Ten Networks, which suffered huge losses and failed to cut costs

Mon, 28 Aug 2017 02:52:17 GMT

US considers shortening of exchange visas

The Trump's administration was considering reduction of visas for US work exchange and cultural programs, includig summer workers and au pairs.

Mon, 28 Aug 2017 02:13:04 GMT

UK pushes to talk about future ties, EU wants divorcement first

Britain's officials are set to arrive in Brussels to push the EU to start discussion on post-Brexit ties, while the bloc refused to do without decisions on many divorce issues.

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