News

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Mon, 29 May 2017 06:32:47 GMT

Macron to emerge with most seats in Parliamentary Election

According to polls, the French President Emmanuel Macron's political party is more likely to emerge with most seats in the June Parliamentary Election and is coming top with 29% of votes.

Mon, 29 May 2017 06:23:54 GMT

Made-in-Russia passenger jet set for maiden test-flight

On Sunday, Russia launched a maiden flight of its new MS-21 passenger plane, saying the carrier successfully completed the test-drive and is ready to rival the Western competitors, like Airbus and Boeing.

Mon, 29 May 2017 05:05:51 GMT

Goldman buys Venezuela bonds worth $2.8B

Goldman Sachs acquired around $2.8B in Venezuela bonds held by the country's Central Bank in an attempt to provide a lifeline to the civil unrest-torn state's government.

Mon, 29 May 2017 05:05:23 GMT

Brazil's Temer appoints new Justice Minister

In an attempt to fight back corruption allegations, the scandal-hit President of Brazil Michel Temer appointed Torquato Jardim to the post of the new Justice Minister.

Mon, 29 May 2017 04:08:55 GMT

Greek ex-PM dies at 98

Constantine Mitsotakis, who served as the Greek Prime Minister from 1990 to 1993, died at the age of 98, his family said on Monday.

Mon, 29 May 2017 04:07:46 GMT

Samsung to add chip production capacity at China factory

On Monday, Samsung's spokesperson said the company was considering increasing memory chip manufacturing capacity at its plant in Xi'an, China.

Mon, 29 May 2017 02:55:03 GMT

Fed's Williams sees mid-term inflation tendency "pretty favorable"

Fed of San Francisco President John Williams revealed that mid-term inflation trends remain favorable, despite weak US consumer price reports.

Mon, 29 May 2017 02:51:50 GMT

Japan to take steps with US on deterring North Korea

Japan and US are set to deter North Korea provocations, following the G7 agreement that the North Korea's issue is top priority, Japan's PM Shinzo Abe said.

Mon, 29 May 2017 02:02:56 GMT

New French President pledges tough talks with Putin

France's Emmanuel Macron pledged to hold tough talks with Russia's Vladimir Putin, after his election campaign accused Russian media was trying to affect the democratic process.

Mon, 29 May 2017 02:00:49 GMT

Fed aims to keep market calm, when raises interest rates

The Federal Reserve wants to be confident that markets stay calm, while the bank keeps rising interest-rates in a gradual way, Fed of San Francisco President John Williams revealed.

Sun, 28 May 2017 20:07:43 GMT

Saudi Arabia to impose tax on sugary drinks and tobacco

Saudi Arabia is set to impose a tax on sugary drinks and tobacco coming into effect from 10 June in order to diminish budgetary deficit induced by low oil prices.

Sun, 28 May 2017 20:01:39 GMT

Sturgeon: independence vote will have to be granted if SNP wins in Scotland

According to the Scottish First Minister Nicola Sturgeon, Theresa May will have to grant an independence vote if the Scottish National Party obtains most seats in the region.

Sun, 28 May 2017 19:07:02 GMT

Saudi Arabia's foreign assets fall by $8.5B in April

According to Reuters, foreign assets of the Saudi Arabian central bank fell by $8.5B in April due to massive borrowing overseas that were supposedly caused by low oil prices.

Sun, 28 May 2017 19:02:18 GMT

Egypt denies access to major financial newspaper amid media blackout

A major financial newspaper Al-Borsa reported on Sunday that the Egyptian government had blocked access to its website, describing the move as an attempt to control media coverage.

Sun, 28 May 2017 18:26:00 GMT

North Korea tests newly-developed anti-aircraft weapon system

The North Korean leader Kim Jong Un guided a test of a system of anti-aircraft weapons, ordering its production and distribution all over the country, as reported on Sunday.

Sun, 28 May 2017 18:18:46 GMT

Merkel claims Europe should act on its own initiative

Following G7 and NATO meetings, German Chancellor Angela Merkel said that Europe can no longer rely completely on other associates and, thus, should act on its own initiative.

Sun, 28 May 2017 16:51:24 GMT

US may ban laptops on all incoming and outgoing flights

In an interview on Sunday, the US Secretary of Homeland Security John Kelly said the government might prohibit laptops on all incoming and outgoing flights.

Sun, 28 May 2017 16:50:53 GMT

Trump says many White House leaks are "fake news"

Following allegations that Jared Kushner attempted to establish secret communications channel with Moscow, the US President said many White House leaks were "fake news".

Sun, 28 May 2017 16:12:33 GMT

BMW production hit by supply problems

A German magazine reported on Sunday BMW was forced to pause its production in Leipzig on the back of supply problems.

Sun, 28 May 2017 16:12:08 GMT

Israeli PM appoints new Communications Minister

On Sunday, the Prime Minister of Israel Benjamin Netanyahu appointed Ayoob Kara, a member of the Likud Party, to the post of the Communications Minister.

Sun, 28 May 2017 15:10:17 GMT

Germany to decide on Incirlik troop withdrawal within two weeks

On Sunday, a German Foreign Ministry official stated the country would decide on troop withdrawal from Incirlik air force base within two weeks.

Sun, 28 May 2017 15:08:48 GMT

ICM poll: Conservatives lead over Labour in UK

An ICM poll published on Sunday revealed the UK PM Theresa May's Conservatives had a 14-point lead over the Labour Party ahead of the next month's election.

Sun, 28 May 2017 14:08:27 GMT

G7 leaders divided on global climate change issue

At the Group of Seven summit, nations' leaders appeared divided on the global climate change issue, with the US President being pitted against other countries' officials.

Sun, 28 May 2017 14:07:51 GMT

UK's Fallon denies May's team divisions ahead of election

On Sunday, Michael Fallon, the UK Defence Secretary, denied The Sunday Times' reports of divisions in PM May's team before the June 8 vote.

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