News

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Fri, 14 Jul 2017 04:58:57 GMT

Infosys Q1 profits top expectations

The second largest India's IT services exporter Infosys reported its first-quarter profits topped analysts' expectations due to client wins in Europe and North America.

Fri, 14 Jul 2017 04:23:17 GMT

New Zealand's manufacturing sector still in expansion territory

Data released by the BusinessNZ revealed that the seasonally adjusted Manufacturing Index for June dropped 2 points to 56.2, though still remained in the expansion territory.

Fri, 14 Jul 2017 04:22:17 GMT

Japan's Aso: spending on agriculture should boost efficiency, not subsidies

On Friday, the Japanese Finance Minister Taro Aso said new government spending on the country's agricultural sector should prop up efficiency rather than subsidise farmers.

Fri, 14 Jul 2017 03:16:32 GMT

US, Chinese enterprises ink agricultural transaction deals

US and Chinese interposes inked agricultural contracts totalling $5.01B to import 12.5M tonnes of soybean and 371 tonnes of beef and pork from the US to China.

Fri, 14 Jul 2017 03:15:37 GMT

US to add extra $119M for humanitarian aid in Iraq

The United States would provide additional $119M for Iraq humanitarian, expecting similar contributions from its coalition partners, the US anti-IS special envoy Brett McGurk said.

Thu, 13 Jul 2017 20:20:23 GMT

Trump to reconsider his decision on Paris climate accord

The US President stated that he was considering to revoke his decision to pull out the US of the Paris accord, however Donald Trump did not mention what could persuade him.

Thu, 13 Jul 2017 20:14:14 GMT

Macron and Trump ask diplomats to draw up initiative on Syria

French President Macron and the US President Trump urged diplomats to compose a concrete initiative in the upcoming weeks aligned at preparing Syria's future.

Thu, 13 Jul 2017 19:21:52 GMT

Yellen doubts 3% annual growth

The Fed Chair Yellen stated that it would be challenging for the US to achieve the 3% growth target amid lagging productivity and regulatory reforms. 

Thu, 13 Jul 2017 19:10:12 GMT

Spain's King Filipe urges Britain to force Brexit negotiations

Spanish King Felipe urged Britain to begin Brexit negotiations to reduce uncertainty for international businesses and minimise possible trade barriers.

Thu, 13 Jul 2017 18:06:49 GMT

11 people die in central Mexico

According to Mexican state authorities, 11 people were found dead in Tizayuca, central Mexico, while death circumstances were unclear. 

Thu, 13 Jul 2017 18:06:11 GMT

Technology stocks rise in New York

During the New York session, shares of Microsoft, Apple and Alphabet inched higher, boosting the Nasdaq and the S&P 500 indexes.

Thu, 13 Jul 2017 17:16:37 GMT

Former US President Carter under observation after dehydrating

The former US President Jimmy Carter became dehydrated on Thursday morning and was taken to St. Boniface Hospital, according to Habitat for Humanity.

Thu, 13 Jul 2017 17:16:25 GMT

Yellen says Fed reviewing Wells Fargo issues

Janet Yellen said that the Fed did have the power to remove directors of banks, but she did not give a specific commitment to do so when pressed on the issue by Sen. Elizabeth Warren.

Thu, 13 Jul 2017 16:21:51 GMT

Feuding US Senate Republicans to get revised health-care bill

US Senate Majority Leader is to present a revised health-care bill in a bid to unite disparate Republican factions and deliver on his party's signature issue in the 2016 elections.

Thu, 13 Jul 2017 16:21:05 GMT

Bank of France recommends keeping regulated savings rate steady

The Bank of France advised on Thursday the Finance Ministry to keep the rate on popular tax-free savings accounts unchanged at 0.75%.

Thu, 13 Jul 2017 15:23:03 GMT

Nobel laureate Liu Xiaobo dies at age 61

China's most famous political prisoner, the Nobel laureate and democracy icon Liu Xiaobo, has died at the age of 61.

Thu, 13 Jul 2017 15:22:50 GMT

Foreign car-makers call China to soften electric car quotas

Global automotive manufacturers decided to appeal to the Chinese government to delay and soften proposals for electric and hybrid car quotas.

Thu, 13 Jul 2017 14:26:52 GMT

BBC signs editorial partnership with CBS News

CBS News announced on Thursday it formed a newsgathering and editorial partnership with the BBC news agency, following organisations' intention to share editorial content, videos and other resources across the world.

Thu, 13 Jul 2017 14:08:36 GMT

Daimler to manufacture batteries at German Mercedes-Benz plant

On Thursday, Daimler reported it had clinched a deal with workers on electric vehicle batteries and components production at its Mercedes-Benz factory in Germany. 

Thu, 13 Jul 2017 13:30:13 GMT

Yandex, Uber to combine ride-hailing businesses in Russia

Yandex and Uber came to an agreement to combine their ride-hailing businesses in Russia with Yandex taking the leadership in a deal that expanded to five neighbouring markets.

Thu, 13 Jul 2017 13:29:59 GMT

UK moves towards Brexit with EU repeal bill

On Thursday, Britain has published its repeal bill that is leading the country towards the exit from the EU in 2019 and ensures the same rules to apply in the UK after the Brexit process would be over.

Thu, 13 Jul 2017 12:30:53 GMT

Britain's May evades question on her stay in power

On Thursday, the UK Prime Minister Theresa May refused to answer the question on how long she would run her office after losing the Parliamentary majority in the June 8 election.

Thu, 13 Jul 2017 11:09:58 GMT

Altice to introduce online bank in EU by 2019

The telecoms group Altice is aimed to launch its online bank across the Eurozone by spring 2019 amid a high demand for online services by the mobile operators' customers.

Thu, 13 Jul 2017 11:09:49 GMT

Dozen dead, 40 hurt amid Cameroon suicide bomb blast

No less than 12 people died, while more than 40 were wounded in an explosion of a suicide bomb in Cameroon close to the Nigerian border.

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