News

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Tue, 07 Mar 2017 11:00:52 GMT

Euro zone economic growth picks up in 2016

During the final quarter of 2016 economic growth in the Euro zone soared, being driven mostly by higher household consumption, official data showed on Tuesday.

Tue, 07 Mar 2017 11:00:36 GMT

Hungary to put migrants in camps

On Tuesday, the parliament of Hungary decided to toughen border control and round up migrants by putting them into camps along the southern border.

Tue, 07 Mar 2017 10:32:39 GMT

Abuja airport to be closed from Wednesday

The spokesman of aviation ministry James Odaudu reported that Nigeria would shut down the Abuja airport on Wednesday amid planned six weeks of repair works.

Tue, 07 Mar 2017 10:22:26 GMT

UK PM should trigger early election to deal with Brexit

The former leader of the UK Conservative Party William Hague stated that the British PM Theresa May should convoke the early election, if she wants political security support to deal with the Brexit difficulties.

Tue, 07 Mar 2017 09:34:29 GMT

Australian police rescue raped British woman

The Australian police officers rescued a young British woman who was raped several times and held in the outback of the Northern Australia for two months; the police also detained her abuser who had already faced the court on Monday.

Tue, 07 Mar 2017 08:55:16 GMT

UK to retain tariff-free to maintain Ford job sites

Britain has to think over to keep the tariff-free trade after leaving the EU as its privation will cause job losses at the Ford sites in the UK.

Tue, 07 Mar 2017 08:30:12 GMT

Iraqi forces take over Mosul government & museum

On Tuesday, the military spokesman reported that the Iraqi security forces gained control over the main government complex and the museum in Mosul casting out the Islamic State militants.

Tue, 07 Mar 2017 08:13:56 GMT

Facebook ceases location-sharing tool after lawsuit

Facebook had to suspend its location-sharing tool as the Italian Business Competence company filed a lawsuit against the leading application for violating copyright laws and stealing the ideas and secrets of its Faround app.

Tue, 07 Mar 2017 07:06:57 GMT

Opel-PSA deal not to deliver VW any problems

The Volkswagen CEO Matthias Mueller stated that the acquisition between Peugeot and Opel would not cause any trouble for VW, despite the buying deal would create PSA a new auto giant, making it a major VW competitor at the market.

Tue, 07 Mar 2017 06:35:06 GMT

North Korea bans Malaysians from leaving the state

On Tuesday, North Korea issued a temporary ban on Malaysian citizens from leaving the country in order to ensure the safety of North Korean diplomats in Malaysia, which Malaysia suspects in the murder of North leaders's half brother.

Tue, 07 Mar 2017 06:26:58 GMT

Trump signs new travel ban order

On Monday, the US President Donald Trump signed a new travel ban order, which takes effect on March 16 and prevents citizens from six majorly-Muslim countries, with exception of Iraq, from travelling to the US for 90 days.

Tue, 07 Mar 2017 05:25:51 GMT

Oil in limbo for third day in a row

On Tuesday, oil was the only commodity to avoid significant losses and traded flat for the third consecutive day, as investors' uncertainty kept rising amid US oil output counteracting with OPEC's production cuts.

Tue, 07 Mar 2017 05:19:43 GMT

Dollar muted ahead of March rate hike

Early on Tuesday, the US Dollar remained relatively unchanged, as all eyes were set on the possible Fed rate hike next week, as well as the upcoming employment data this Friday.

Mon, 06 Mar 2017 22:23:58 GMT

Investors seek to ban companies amid voting rights

A group of major institutional investors tried to bar companies of MSCI Inc and S&P Dow Jones Indices, such as Snap Inc that sell non voting shares from the stock benchmark.

Mon, 06 Mar 2017 22:21:33 GMT

IT companies' shares fall on visa suspension

Shares of numerous IT services companies fell on Monday amid the Trump administration's notice that H-1B visa applications, used by foreign IT workers, will be temporarily suspended.

Mon, 06 Mar 2017 21:01:23 GMT

Maersk and IBM develop shipping transactions

Maersk and IBM stated that companies were cooperating to digitise, monitor and manage shipping transactions under worldwide popular block chain technology.

Mon, 06 Mar 2017 21:00:07 GMT

Former detainee is killed in Yemen's strike

On Monday, the Pentagon stated that last week's strike in Yemen, the Arabian Peninsula, killed the US detention center's former Guantanamo Bay prisoner.

Mon, 06 Mar 2017 20:00:35 GMT

Turkey to allow Syrian pilot's family to visit him at hospital

According to Turkish PM Yildirim, the country will permit Syria's air force pilot's family to visit airman at the local hospital after the plane crashed on Turkey's territory.

Mon, 06 Mar 2017 19:47:17 GMT

VW to present fully self-driving car

At Geneva's auto show, Volkswagen will present a self-driving car to comply with the growing demand for eco-friendly cars and to fight the diesel emissions scandal.

Mon, 06 Mar 2017 19:14:49 GMT

Nepal's police kill three ethnic Madhesis

In Nepal's southern plains, local police killed three ethnic Madhesis as they attempted to ruin the opposition meeting, the most fatal incidents since September 2015.

Mon, 06 Mar 2017 19:13:52 GMT

Sarkozy's allies ask to replace Fillon

The former France's President Sarkozy's allies requested beleaguered candidate Fillon to replace himself in the Presidential Elections due to a financial scandal.

Mon, 06 Mar 2017 18:06:32 GMT

Juppe avoids French Presidential Elections

The former French Prime Minister Juppe stated that he decided to avoid the Presidential Elections amid scandal-hit candidate Fillon.

Mon, 06 Mar 2017 18:05:34 GMT

Germany's economy benefits from bank's cash calls

According to German Finance Minister, the country's economy will benefit from Deutsche Bank's €8B cash call that will strengthen the bank's capital base.

Mon, 06 Mar 2017 17:13:34 GMT

Deutsche Bank's €8B cash call is accepted

On Monday, Deutsche Bank's request for €8B check that should be signed by the shareholders to back the new strategy was accepted by the interested investors.

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