News

Note: This section contains information in English only.
Wed, 24 May 2017 12:34:34 GMT

France claims Manchester attacker linked to ISIS

According to the French Minister's statement on Wednesday, a suicide bomber who left 22 people dead at Manchester's concert is connected to the Islamic State and has presumably visited Syria.

Wed, 24 May 2017 12:26:20 GMT

Tiffany & Co shares drop 5.6%, disappointing markets

Tiffany & Co shares plunged 5.6% to $87.95 on Wednesday following its lower-than-expected Q1 sales report; the result caused by lower expenses of the company's domestic customers and tourists in the Americas market.

Wed, 24 May 2017 11:26:43 GMT

GE clinches $267M deal to construct gas turbines in Dammam

General Electric signed a $267M joint venture deal with the Dussur industrial development firm, aiming to build gas turbines in the Saudi Arabian city of Dammam.

Wed, 24 May 2017 11:19:50 GMT

British Parliament closes to public visits amid increased security threat

On Wednesday, the UK Parliament announced that it was immediately closed to any public visits amid raised security threat level on the back of the Manchester suicide bombing.

Wed, 24 May 2017 10:08:19 GMT

Top Daesh member killed

On Wednesday the Syrian military announced that it had gotten rid of Daesh's "minister of war" and other long standing members of the group in an operation near Aleppo.

Wed, 24 May 2017 10:07:13 GMT

Duterte considers total martial law

The President of the Philippines Rodrigo Duterte has announced on Wednesday that he is not ruling out placing all of the country under martial law, if the extremist movements spread from the south.

Wed, 24 May 2017 09:24:13 GMT

Taiwan grants permission to same-sex marriages

The Constitutional Court of Taiwan approved a new law granting the same-sex couples all the rights to legally marry each other.

Wed, 24 May 2017 09:15:02 GMT

French emergency powers extended after Manchester bombing

On Wednesday, the President Emmanuel Macron announced that France extended its emergency powers established in 2015 until November 1 with intention to take countermeasures against terrorist attacks.

Wed, 24 May 2017 08:31:37 GMT

Brazilian JBS hires Bradesco to plan its asset sale

Brazil's JBA together with its controlling shareholders hired an investment banking unit of Banco Bradesco to help establishing its asset sale plan as the company faced financial fallout after a corruption scandal.

Wed, 24 May 2017 08:18:15 GMT

Emaar Malls to buy 51% Namshi stake for $151M

Dubai's Emaar Malls is eager to buy a 51% of the fashion website Namshi stakes from Germany's Rocket Internet for the price of $151M amid an increasing competition for tech deals in the Middle East.

Wed, 24 May 2017 07:32:26 GMT

UK deploys forces after Manchester suicide attack

Britain deployed its troops on Wednesday to the country's key sites with intention to prevent terrorist attacks after a bomb exploded at the Manchester Arena, leaving 22 people dead including children.

Wed, 24 May 2017 07:22:13 GMT

Apple clinches deal with Nokia after patent dispute

Apple ended patent dispute with Nokia and came to an agreement for partnership with the Finnish telecom equipment manufacturer, planning to buy more of the company's network services and products.

Wed, 24 May 2017 06:33:06 GMT

Trump to meet Pope Francis in Vatican on Wednesday

The US President Donald Trump is set to exchange the views with Pope Francis during his first visit to Vatican on Wednesday.

Wed, 24 May 2017 06:29:25 GMT

Uber unwittingly underpaid NYC drivers for nearly three years

On Tuesday, Uber Tech stated that the company unintentionally underpaid its New York City drivers for over two years, adding that an error could cost Uber about $10M.

Wed, 24 May 2017 04:56:11 GMT

Rodrigo Duterte goes to war

The President of the Philippines Rodrigo Duterte has announced a martial rule in the southern island of Mindanao and ordered his troops to break the resistance of the Islamic State-allied forces.

Wed, 24 May 2017 04:54:27 GMT

Maduro pushes forth agenda amidst unrest

As Venezuela faces increasing unrest, the unpopular, leading leftist Nicolas Maduro promised on Tuesday to go forth with the forming of an assembly for the purpose of rewriting the constitution.

Wed, 24 May 2017 04:25:56 GMT

Trump asks lawmakers to cut budget

The President of the US Donald Trump on Tuesday asked the countries lawmakers to cut 3.6 trillion US Dollars of government spending during the next decade.

Wed, 24 May 2017 04:25:25 GMT

Texas changes voting laws

A preliminary approval has been given by the Texas House of Representatives to a new law, which requires to show identification when voting. Previous law was stopped by the US courts due to allegedly being racist.

Wed, 24 May 2017 02:57:40 GMT

Ex-Fed Chairman says BoJ may need to compensate fiscal spending

Former Fed Chairman Ben Bernanke said that the BoJ may need to offset the government's fiscal spending by letting inflation to overshoot its target.

Wed, 24 May 2017 02:55:47 GMT

BoJ says policy complicated amid neutral interest rates uncertainty

Haruhiko Kuroda, the BoJ Governor, revealed that the uncertainty over neutral interest rates made central banks to accept unconventional economic policies.

Wed, 24 May 2017 02:04:22 GMT

Moody's relegates China, expecting its financial strength to degrade

Moody's Investors Services relegated China's long-term currency issuer ratings amid expectations for the country's financial strength to erode over the next years.

Wed, 24 May 2017 02:01:44 GMT

New Zealand's trade surplus rises to $578M in April

Statistics New Zealand revealed that the country's trade balance rose to $578M in April from the prior month's downwardly revised figure of $277M.

Tue, 23 May 2017 20:09:45 GMT

South Africa's ANC rejects allegations of Zuma's removal

The African National Congress rejected allegations that the removal of the South Africa's President Jacob Zuma would be reviewed at this week's ANC meeting.

Tue, 23 May 2017 20:08:25 GMT

Germany's Schaeuble says creditors might reach deal over Greece soon

Foreign lenders may finally reach a deal over Greece at a meeting in June if no obstacles hinder the talks, the German Finance Minister Wolfgang Schaeuble said on Tuesday.

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