News

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Mon, 15 May 2017 09:32:55 GMT

Oman backs Saudi-Russian oil cut extension contract

According to the Oman's oil minister, the country fully supports the agreement between Saudi Arabia and Russia on a global oil cut extension until the Q1 of 2018.

Mon, 15 May 2017 09:22:10 GMT

Czech PM rejects Finance Minister proposed candidacy

On Monday, the Prime Minister of the Czech Republic Bohuslav Sobotka rejected a proposed Finance Minister nominee, extending the coalition crisis before before October's election this year.

Mon, 15 May 2017 08:33:45 GMT

Appeals Court to hear arguments on Trump travel ban

On Monday, Donald Trump's Administration will provide oral arguments over the travel ban on the six Muslim-majority countries during the second scheduled hearing in the US Appeals Court.

Mon, 15 May 2017 08:21:37 GMT

Western Digital seeks to block Toshiba chip-unit sale

Western Digital filed a request to the International Court of Arbitration of the International Chamber of Commerce to stop Toshiba's attempts to sell its chip-unit without the company's consent.

Mon, 15 May 2017 07:33:18 GMT

Japan to automate manufacturing, hotel room service with robots

Japanese mid-sized companies plan to buy robots to automate such industries as manufacturing, hotel room service and earthmoving; an intention that causes the rising shortage of labour in the country.

Mon, 15 May 2017 07:25:15 GMT

Philippines starts hearing impeachment complaint against Duterte

On Monday, the Philippines House Committee began hearing an impeachment complaint against the President Rodrigo Duterte amid the abuse of his power and allegations over the "defeatist" approach he used to China.

Mon, 15 May 2017 06:31:18 GMT

Asia warns its businesses about new wave of cyber attacks

On Monday, the Asian authorities warned the country's businesses that were disrupted by the WannaCry ransomware worm to expect more cyber attacks.

Mon, 15 May 2017 06:21:28 GMT

Waymo ties-up with Lyft in automotive car deal

The automotive car unit Waymo and the US rideshare firm Lyft inked a collaboration deal to bring self-driving car technology to the global market.

Mon, 15 May 2017 04:53:33 GMT

PBoC establishes fintech committee

On Monday, the People's Bank of China announced it had established a fintech committee to examine the fintech impact on the country's monetary policy and financial stability.

Mon, 15 May 2017 04:53:11 GMT

Thermo Fisher seeks to acquire Patheon

According to Bloomberg, the US biotechnology product development company Thermo Fisher is in advanced talks to acquire the leading pharmaceutical CDMO Patheon.

Mon, 15 May 2017 04:17:22 GMT

Chinese fixed-asset investment soars in January-April period

Fixed-asset investment, China's proxy measure for long-run spending, climbed 8.9% year-to-date in April, while economists had predicted a 9.1% increase.

Mon, 15 May 2017 04:15:20 GMT

China's retail sales up 10.7% y/y in April

The Chinese National Bureau of Statistics reported on Monday that retail sales jumped 10.7% year-over-year in April, following a 10.9% surge reported in March.

Mon, 15 May 2017 02:51:46 GMT

Australian home loans drop 0.5% in March

The seasonally adjusted number of home-loan approvals in Australia declied 0.5% in March, while analysts expected it to be flat at 0.0%.

Mon, 15 May 2017 02:51:30 GMT

Chinese industrial production down 6.5% in April

The Chinese National Bureau of Statistics reported that China's industrial output fell 6.5% year-over-year in April, following 7.6% registered in March.

Mon, 15 May 2017 02:16:10 GMT

UAE non-oil economic growth to expand this year

Natalia Timirisa of the IMF forecasted the non-oil GDP in the United Arab Emirates to uncrease about 3.3% in 2017, up from 2.7% last year, as austerity falls amid low oil prices.

Mon, 15 May 2017 02:10:23 GMT

New Zealand's retail sales at 1.5% in Q1

Statistics New Zealand reported that the country's retail sales increased 1.5% in Q1, up from the downwardly revised figure of 0.6% registered in the preceding quarter.

Sun, 14 May 2017 20:16:56 GMT

Britain actively prepares for Brexit talks

The UK Brexit Minister David Davis reported on Sunday that Britain was actively preparing for divorce talks with the EU due to start next month.

Sun, 14 May 2017 20:14:58 GMT

Austrian Finance Minister to propose snap election on Monday

The Austrian Finance Minister Sebastian Kurz said he would meet with the Chancellor Christian Kern on Monday to propose a snap election.

Sun, 14 May 2017 18:56:06 GMT

Democrats refuse voting on new FBI Director

A senior US Democrat said that Democrats would not vote on a new FBI Director unless the General Deputy Attorney appoints a special prosecutor to investigate Russia's interference in the US Elections.

Sun, 14 May 2017 18:52:08 GMT

Austrian conservatives pick Foreign Minister Kurz as new leader

The centre-right Austrian People's Party appointed the Foreign Minister Sebastian Kurz as its new leader, Kurz told local media on Sunday.

Sun, 14 May 2017 18:17:24 GMT

UN to discuss North Korea's latest missile launch

Diplomats reported that the UN Security Council would hold a meeting on Tuesday to discuss North Korea's Sunday missile launch.

Sun, 14 May 2017 18:12:44 GMT

North Korean missile lands 97 km from Russian coast

On Sunday, North Korea launched a non-nuclear ballistic missile that landed 97 km south of Russia's Vladivostok region, according to US officials.

Sun, 14 May 2017 16:57:15 GMT

Macron to meet International Olympic Committee's commission on Tuesday

The President of France Emmanuel Macron is expected to meet the IOC evaluation commission on Tuesday in an attempt to support Paris bid to carry out the 2024 Games.

Sun, 14 May 2017 16:56:20 GMT

France calls North Korea to abide by obligations

France condemned the latest North Korea's missile test as it was a serious threat to security and called the country to conform with its international commitments.

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