News

Note: This section contains information in English only.
Mon, 10 Apr 2017 16:12:16 GMT

Sweden's prosecutor requests to extend detention for truck attack suspect

Swedish prosecution authority stated that it had requested to extend the custody in Rakhmat Akilov's prison, the suspect in Stockholm's truck attack that killed four people.

Mon, 10 Apr 2017 15:09:52 GMT

New York DFS probes Barclays over CEO's unlawful actions

The NY Department of Financial Services has launched a probe into Barclay's CEO Jes Stanley's attempt to uncover a whistleblower's identity.

Mon, 10 Apr 2017 15:09:25 GMT

Canadian March housing starts beat expectations

Data released by the Canada Mortgage and Housing Corporation revealed housing starts topped analysts' expectations, coming in at 254K units last month.

Mon, 10 Apr 2017 14:15:52 GMT

Russia considers US Syria strike to be aggressive act

On Monday, the Foreign Minister of Russia Sergei Lavrov stated that he considered the United States' missile attack on Syria to be an act of aggression against the independent state and a violation of the international law.

Mon, 10 Apr 2017 14:01:19 GMT

AT&T to acquire Straight Path Communications for $1.25B

The US multinational telecommunications conglomerate AT&T is eager to purchase a licenses holder of wireless spectrum Straight Path Communications for $1.25B.

Mon, 10 Apr 2017 13:28:36 GMT

Sweden holds moment of silence for truck attack victims

On Monday, Sweden observed a moment of silence in honour of the victims who died in the truck attack in Stockholm on Friday; the first terrorist attack of its kind that had ever happened in the country.

Mon, 10 Apr 2017 13:11:58 GMT

Google offers $880M to LG Display for OLED output

The South Korean LG Display was offered to get no less than $880.29M investment by Google to boost its output of the OLED screens for the company's next Pixel smartphones.

Mon, 10 Apr 2017 12:31:56 GMT

Chinese regulator to investigate insurance market

On Monday, the Chinese insurance regulator said he was eager to probe the market illegal activities as the China Insurance Regulatory Commission director Xiang Junbo was announced suspected of graft the day before.

Mon, 10 Apr 2017 12:16:48 GMT

Toyota Kentucky plant gets $1.33B investment

The Japanese carmaker Toyota Motor stated it invested $1.33B out of planned $10B in its Kentucky manufactory amid the company's US plant investment plan on the back of Donald Trump's trade rules change.

Mon, 10 Apr 2017 11:28:32 GMT

Freight train to run Britain-China route on Monday

The first freight train filled with baby products, vitamins and other goods had to depart from Britain to China this Monday as Britain seeks to establish trade cooperation for the "era-after" it leaves the EU.

Mon, 10 Apr 2017 11:14:12 GMT

Ukraine Central Bank Governor resigns

On Monday, the Ukrainian Central Bank Governor Valeria Gontereva stepped down from her post after sustained praise by some lawmakers and death threats by a hate campaign launched against her tough anti-crisis measures.

Mon, 10 Apr 2017 10:04:33 GMT

Renesas seeks for more acquisitions to strengthen its position

The CEO of Renesas, a Tokyo-based semiconductor manufacturer, said on Monday the company was keen on acquisitions, as it becomes harder to compete in the automotive chip industry.

Mon, 10 Apr 2017 10:04:07 GMT

Ciber Inc files for bankruptcy protection

On Monday, the global IT consulting, services and outsourcing company Ciber filed for Chapter 11 bankruptcy protection in the US Delaware bankruptcy court.

Mon, 10 Apr 2017 09:34:51 GMT

Trump weights trade order that may lead to import tariffs

Trump's Administration is drafting an executive order to start a trade probe over the influence on the US trade deficit index, which result could lead to more tariffs on imported goods, if shows an impact.

Mon, 10 Apr 2017 09:17:39 GMT

Turkish Vestel negotiates over Toshiba TV purchase

On Monday, the Turkish electronics maker Vestel said it had launched talks with Japanese Toshiba over purchasing its TV unit, but stating the deal outcome was yet unclear.

Mon, 10 Apr 2017 09:02:31 GMT

Car blast leaves Somali government official dead

A car explosion caused by the planted bomb inside the vehicle left a junior government official dead in the capital of Somalia this Monday. No group assumed the responsibility yet.

Mon, 10 Apr 2017 08:34:11 GMT

Macron is likely to win in French election

The US investment bank Citigroup changed its earlier forecast, stating on Monday it sees the centrist Emmanuel Macron to win with a 35% probability, while its Francois Fillon alternative scenario has now gained 30%.

Mon, 10 Apr 2017 08:17:50 GMT

Duterte to reinforce disputed South China Sea areas

On Monday, the President of Philippines Rodrigo Duterte has issued an order to reinforce, but not militarise the disputed Spratly Islands in the South China Sea, as the country wants peace with China, but seeks to bolster its own territory.

Mon, 10 Apr 2017 07:29:25 GMT

IranAir to buy 20 jets from ATR

On Monday, IranAir made a deal with the turboprop maker ATR over buying 20 airplanes following the Iran's last year purchase of 180 jets from Airbus and Boeing, which became the first Western-built jets purchase in 40 years.

Mon, 10 Apr 2017 07:14:33 GMT

Barclays Chief investigated over whistleblowing

According to the Barclays bank statement on Monday, the British regulators put under the investigation the conglomerate and its CEO Jes Staley over whistleblowing.

Mon, 10 Apr 2017 06:34:29 GMT

Fugitive Mexican former governor detained in Italy

On Sunday, the Italian police captured a fugitive criminal, an ex-governor of Mexico, who was accused of smuggling, money laundering and bank fraud.

Mon, 10 Apr 2017 06:22:22 GMT

Oil prices demand soars amid Syria conflict's uncertainty

On Monday, the oil prices demand continues to rise following the uncertainty over Syria conflict as Donald Trump ordered an airstrike against the country's airfield last week.

Mon, 10 Apr 2017 05:16:36 GMT

Raytheon becomes sole bidder in Australian air defence system contract

On Monday, the Australian government named Raytheon, a US defence contractor, the winner in a $1.50B bid for a GBAD system contract.

Mon, 10 Apr 2017 05:15:14 GMT

Fed may wind down its balance sheet this year

According to a US central banker, the Federal Reserve may snap its reinvestment policy this year in an attempt to make it less essential to hike the official funds rate.

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