News

Note: This section contains information in English only.
Tue, 14 Feb 2017 13:10:21 GMT

Flynn resigns due to Russian contacts

The National Security Advised to Donald Trump, Michael Flynn, on Monday announced his resignation. The reason for that is the revelation of his contact with Russian officials before Donald Trump's victory in the US presidential election.

Tue, 14 Feb 2017 13:09:43 GMT

Trump and UN denounce North Korea

Both the United Nations and the President of the US Donald Trump have denounced the missile lunch of North Korea. However, no concrete actions have been even suggested by either of the mentioned two parties.

Tue, 14 Feb 2017 11:27:20 GMT

Californians remain in shelters amid channel dam fort

188K of the citizens of Oroville in the Northern California have to stay in the shelters as engineer crews try to fix the dam's floodwall before next storm demolishes the territory.

Tue, 14 Feb 2017 11:19:29 GMT

Euro Zone's growth gets revised

In the last quarter of 2016 the economy of the countries in Europe, which use the common European currency, has grown less than estimated previously. Last quarterly growth has been revised to 0.4%.

Tue, 14 Feb 2017 11:19:19 GMT

UK will not trigger Article 50 in March

The Brexit Minister, David Davis, on Tuesday announced that the government of the United Kingdom is not preparing to trigger Article 50 of the EU treaty at the EU summit on March 9.

Tue, 14 Feb 2017 11:04:06 GMT

Political risks trouble German investors

A survey of German investors, which was published on Tuesday, has revealed that the morale of the before mentioned market participants has fallen. Namely, the ZEW index reached 10.4 from 16.6 during one month.

Tue, 14 Feb 2017 11:03:55 GMT

French conservatives want a meeting

On Tuesday, a part of French, who are with conservative views, announced that they have asked the party leadership for a meeting for the purpose of discussing the situation surrounding Francois Fillon.

Tue, 14 Feb 2017 10:04:02 GMT

Jihadists fight leaves dozens dead in Syria

The death toll of the Syrian fighters and rival jihadists mounted to 69 on Tuesday amid the battle actions in the Syrian northwest.

Tue, 14 Feb 2017 10:03:21 GMT

South Korea makes complaint against Nissan

On Tuesday, South Korean government announced that it had made a claim against Nissan Motor, stating that the car maker had manipulated the Infinity Q50 sedan's fuel test results.

Tue, 14 Feb 2017 10:03:03 GMT

Dollar drops after Michael Flynn resigns

The Greenback has weakened versus the basket of major currencies after Michael Flynn, the US President Donald Trump's national security adviser, had resigned. 

Tue, 14 Feb 2017 09:43:16 GMT

Four make casualty list in Kashmir gun-fight

Three members of the Indian military and one separatist fighter are reported to be dead due to a gun-fight in Kashmir this Tuesday.

Tue, 14 Feb 2017 09:16:25 GMT

Toshiba to post loss for 2016

Toshiba claimed on Tuesday that it will post a loss for 2016 due to a 6.28 billion dollar hit in the US nuclear business sector.

Tue, 14 Feb 2017 09:10:00 GMT

Yellen to visit Congress

Janet Yellen will visit the Congress Tuesday afternoon for the first time since the new US Administration took office to deal with the largest uncertainty on economic policies in her three-year term.

Tue, 14 Feb 2017 08:03:00 GMT

Toshiba shares fall 9% after delaying of earnings report

Shares of Toshiba Corp dropped more than 9% after the unexpected delay of the release of its quarter earnings, including details of a write-down for its US nuclear business.

Tue, 14 Feb 2017 08:01:57 GMT

Credit Suisse posts net loss of 2.35B Swiss francs

Credit Suisse reported a 2.35B Swiss francs net loss for the Q4 as a result of a fine from the US Justice Department. The bank is planning to cut headcount in 2017 by 5.5K jobs.

Tue, 14 Feb 2017 06:52:55 GMT

Marathon Pharma hits pause on $89K drug after price criticism

Marathon Pharmaceuticals delayed the launch of the muscular dystrophy drug after criticism of its $89K-per-year price, including from two members of Congress.

Tue, 14 Feb 2017 06:51:56 GMT

US sanctions Venezuelan vice president over drug trafficking claims

The US government has blacklisted Venezuelan Vice President Tareck El Aissami, accusing him of drug trafficking and aiding Middle Eastern terrorists.

Tue, 14 Feb 2017 05:51:26 GMT

Romanian parliament supports anti-graft referendum

The lawmakers unanimously voted to endorse the referendum proposed by the country's president amid large public protests. The referendum question has not yet been formulated.

Tue, 14 Feb 2017 05:51:15 GMT

Chinese inflation surges to 2.5-year high

China's CPI posted a 2.5% annual growth, beating economists' forecasts. The National Bureau of Statistics noted that the surge was largely supported by rising food prices.

Tue, 14 Feb 2017 05:12:25 GMT

Apple shares reach all-time closing high

The stock closed at $133.29 on Monday, beating the February 2015 record. Earlier, Goldman Sachs raised the price target for Apple and UBS stated that the business was undervalued.

Tue, 14 Feb 2017 04:50:53 GMT

US President's national security adviser resigns over contacts with Russia

Michael Flynn confirmed in the resignation letter that he has misinformed the officials about his phone calls with Russian ambassador prior to Donald Trump's inauguration.

Mon, 13 Feb 2017 23:13:02 GMT

Mnuchin rumoured to be next Treasury Secretary

Steven Mnuchin, the ex-Chief Information Officer of Goldman Sachs, is expected to be chosen as the new US Treasury Secretary.

Mon, 13 Feb 2017 23:02:05 GMT

Evidence of banned chemical warfare found in Syria

According to the Human Rights Watch, the Syrian government forces used forbidden chemical weapons when retaking Aleppo last year. Such actions could lead to Syrian officials getting sanctioned by the US, UK, France and other countries.

Mon, 13 Feb 2017 21:03:27 GMT

Germany calls on Greece to stay in Euro zone

On Monday, German officials expressed their support for the Greeks and urged the country to stay in the Euro zone.

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