News

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Fri, 04 Aug 2017 09:32:07 GMT

Blaze hits Dubai 79-storey tower block for second time

A 79-storey residential high-rise in Qatar's Dubai was urgently evacuated on Friday as the skyscraper got engulfed with a huge fire due to some unknown reason.

Fri, 04 Aug 2017 08:57:18 GMT

RBS seeks to pick Amsterdam as its EU base after Brexit

On Friday, the Royal Bank of Scotland stated it was seeking to set up its European Union trading base in the Netherlands' capital of Amsterdam after Britain's withdrawal from the bloc.

Fri, 04 Aug 2017 08:34:10 GMT

Uber consciously leases out defective cars to drivers

According to the Wall Street Journal, Uber Technologies consciously bought over 1K of the recalled Honda's Vezel sport-utility cars that were at risk of catching fire and rented out the faulty vehicles to its drivers.

Fri, 04 Aug 2017 08:12:33 GMT

North Korea calls US travel ban "sordid"

North Korea condemned White House's decision to bar the US passport holders from travelling to the North, while the state media called it a "sordid" try to limit tourist movement.

Fri, 04 Aug 2017 07:25:05 GMT

Copenhagen hospital suffer major IT breakdown

On Friday, the Danish Ritzau news outlet reported that the Denmark's Capital of Region responsible for Copenhagen hospitals was hit by a major IT breakdown, but gave no reason for the issue.

Fri, 04 Aug 2017 06:52:56 GMT

Toyota to take 5% stake in Mazda

Toyota is eager take a 5% stake in Mazda Motor to establish a US auto plant and develop key electric vehicle technologies as part of a collaboration deal that should be announced on Friday, Nikkei reported.

Fri, 04 Aug 2017 06:32:12 GMT

Volvo to share engine tech with Geely-branded vehicles

Swedish Volvo Cars agreed to provide the engine technology for its parent Geely Holding Group's vehicles, deepening relations between the automakers as they had already shared technology through Lynk & Co brand.

Fri, 04 Aug 2017 04:53:23 GMT

New Pakistan's PM forms his government

According to the sources familiar with the matter, the newly-appointed Pakistani Prime Minister Shahid Khaqan Abbasi has finished to form the government.

Fri, 04 Aug 2017 04:53:04 GMT

US NFP likely to rise 183K in July

A Reuters poll of economists showed that US non-farm payrolls would presumably surge 183K for the month of July after rising 222K in the preceding month.

Fri, 04 Aug 2017 04:19:25 GMT

China: India is building up troops along its border

In a statement released on Thursday evening, the Chinese Foreign Ministry said India was building up its armed personnel along the border between the two countries.

Fri, 04 Aug 2017 04:18:48 GMT

Australian retail sales up 0.3% in June

Data released by the Australian Bureau of Statistics on Friday revealed that the country's retail sales jumped 0.3% over the month of June.

Fri, 04 Aug 2017 02:52:20 GMT

Swiss railways set to build new fast line between Milan, Zurich

Swiss Federal Railways intended to build a new high-speed rail line between Milan and Zurich in 2020, which would reduce the travel time by up to one hour.

Fri, 04 Aug 2017 02:51:55 GMT

Toyota to build $1.6B US plant with Mazda

Toyota Motor and its rival Mazda Motor are expected to announce intention to build $1.6B worth plant in the US within a part of a joint venture.

Fri, 04 Aug 2017 02:03:32 GMT

China, Bulgaria discuss expanding economic, technology cooperation

Chinese and Bulgarian officials met to discuss a possible increase in cooperation between both countries on economy, technology and trade.

Fri, 04 Aug 2017 02:02:16 GMT

Boeing wins $409M contract to develop technologies

Boeing won a $409M worth Air Force contact for power, thermal and controls, as a part of an industry and government effort to develop innovative technologies.

Thu, 03 Aug 2017 20:03:20 GMT

BoE remains gloomy about UK's economic outlook amid Brexit

The Bank of England Governor Mark Carney said on Thursday that the country's withdrawal from the European Union continued to cast the largest shadow on Britain's economic outlook.

Thu, 03 Aug 2017 20:03:03 GMT

FedEx to skip holiday surcharges for most deliveries

FedEx reported on Thursday that it would not charge extra fees for most packages shipped during the peak holiday season this year.

Thu, 03 Aug 2017 19:08:31 GMT

Trump blames Congress for poor relations with Russia

On Thursday, the US President Donald Trump blamed the Congress for the country's poor relationship with Russia.

Thu, 03 Aug 2017 19:05:54 GMT

Russia's Lavrov to meet US Tillerson next week

Russia's Foreign Ministry reported on Thursday that the Russian Foreign Minister Sergei Lavrov would meet the US Secretary of State Rex Tillerson in Manila next week to discuss the current state of US-Russian relations.

Thu, 03 Aug 2017 18:22:34 GMT

Toyota to take 5% stake in Mazda to establish US auto plant

Japan's Nikkei reported on Thursday that Toyota would take a stake of almost 5% in Mazda to establish a joint-venture auto plant in the United States.

Thu, 03 Aug 2017 18:15:54 GMT

Air France expands no-fly zone over North Korea

Air France expanded its no-fly zone over North Korea after an intercontinental ballistic missile launched by the country fell into the sea just 100 kilometres away from one of its flight paths.

Thu, 03 Aug 2017 17:01:33 GMT

Russia announcesnew de-escalation zone north of Homs area

Syrian regime forces and Russia's defense ministry agreed to set up a ceasefire in northern parts of Homs province on Thursday, after Russia closed a deal on implementing a third safe zone.

Thu, 03 Aug 2017 17:01:17 GMT

Health insurer Aetna's quarterly profit above expectations

America's third largest health insurer Aetna's quarterly report was above the expectations on Thursday due to the strong cost controls improved performance in company's core businesses.

Thu, 03 Aug 2017 15:57:20 GMT

Tesla shares rise on Model 3 demand

More than 1800 daily reservations for the Model 3 surged Tesla's shares up 6.5% on Thursday, right after the company posted a narrower-than-expected Q2 loss on Wednesday.

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