News

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Sat, 11 Feb 2017 08:56:37 GMT

Top US diplomat Tillerson plays key role in Trump's One China shift

The US President Donald Trump's acknowledgement of the One China policy was strongly influenced by the newly-elected State Secretary Rex Tillerson, government officials reported.

Sat, 11 Feb 2017 08:54:56 GMT

Powerful earthquake shakes Philippines

On Friday, a severe earthquake rattled the southern Philippines, killing at least four people and leaving more than 100 injured, local officials reported on Saturday.

Sat, 11 Feb 2017 08:34:10 GMT

China exports and imports rise in January

China's exports rose 15.9% year on year in January, while imports increased 25.2%, official data showed on Friday.

Sat, 11 Feb 2017 08:33:10 GMT

Trump to promote "fair" trade with Japan

The US President Donald Trump said that the US would seek a "fair and reciprocal" trade relationship with Japan at a press conference with the Japanese Prime Minister Shinzo Abe on Friday.

Sat, 11 Feb 2017 07:34:39 GMT

Reckitt buys Mead Johnson for $16.6B

Reckitt Benckiser, a consumer goods company, agreed to buy Mead Johnson Nutrition for $16.6B.

Sat, 11 Feb 2017 07:34:02 GMT

Trump considers issuing new travel ban

The US President Donald Trump is considering a new immigration plan after a federal appeals court refused to reinstate the ban on Thursday.

Sat, 11 Feb 2017 06:24:07 GMT

Ford to invest $1B in AI startup

Ford Motor plans to invest $1B in Argo AI, an artificial intelligence company that is focused on developing autonomous vehicle technology.

Sat, 11 Feb 2017 06:23:10 GMT

Trump backs "one China" policy

The US President Donald Trump agreed to honour the "one China" policy during a call with the Chinese President Xi Jinping.

Fri, 10 Feb 2017 22:50:03 GMT

Trump refuses to give up

On Friday, the US President Donald Trump stated that he would introduce new security measures, just a day after the appeals court refused to restore his travel ban on seven majorly-Muslim countries.

Fri, 10 Feb 2017 22:39:04 GMT

Fed regulation official resigns

On Friday, Daniel Tarullo, a top Federal Reserve official, said that he would resign, giving the US President Donald Trump an opportunity to reshape the leadership of the US financial system.

Fri, 10 Feb 2017 21:00:03 GMT

Price becomes US Secretary of health

On Friday, Tom Price, a harsh Obama crytic, was officially made the US Secretary of health, now expected to help President Trump reform the country's healthcare system.

Fri, 10 Feb 2017 20:39:09 GMT

Greece one step closer to suitable bailout reforms

One of the Euro zone's finance ministers, Jeroen Dijsselbloem, stated on Friday that Greece and its international lenders reached a consensus concerning Greece's fiscal bailout reforms.

Fri, 10 Feb 2017 20:19:34 GMT

Peru believes ex-President hides in US

According to the government of Peru the ex-President Alejandro Toledo, now fugitive due to severe bribery connections, is hiding in California and is expected to run to Israel. The corresponding governments have been contacted by Peru to help bring Toledo to justice.

Fri, 10 Feb 2017 20:11:34 GMT

Oil rises due to OPEC's output cut

OPEC's more than 90% production cut, rather than initial agreement of 60%, caused oil prices to rise on Friday. At 19:00 GMT Brent was at $56.71 per barrel, while WTI crude reached $53.87 per barrel.

Fri, 10 Feb 2017 18:50:55 GMT

Russians halt dispute between army and rebels in Syria

Russian forces intervened in the first dispute between the Assad-led Syrian army and local rebels backed by Erdogan, as both of the forces had a shared goal to fight Islamic State.

Fri, 10 Feb 2017 18:44:25 GMT

Tarullo to step down in April

Daniel Tarullo will leave his post as the Governor of the Federal Reserve which will open up another position to be filled in by the new US Administration.

Fri, 10 Feb 2017 18:21:04 GMT

US consumer sentiment falls

Following increased optimism amid Donald Trump's election as the POTUS, the US consumer confidence ebbed early February, but remained in positive territory for the prospects of a consumer-driven economy.

Fri, 10 Feb 2017 18:07:21 GMT

Nice attack mementoes moved due to carneval

Mementoes of last years' Islamic attack that was fatal for 86 people were moved on Friday due to the upcoming carnival, which will be the first large-scale event since the attacks.

Fri, 10 Feb 2017 17:21:09 GMT

OPEC successful in curbing oil output

The OPEC production cut made a strong first step, as figures showed on Friday that around 90% of the planned output curb was achieved in January.

Fri, 10 Feb 2017 17:13:23 GMT

Italian Foreign Ministry hacked in 2016

A source told Reuters on Friday that the Foreign Ministry of Italy had been hacked last year, confirming the Guardian's report that raised the topic.

Fri, 10 Feb 2017 16:10:02 GMT

Mediator proposed deal to be considered by Lufthansa and pilots' union

Lufthansa officials claimed on Friday that a deal between them and the Vereinigung Cockpit pilots' union has been proposed by a mediator, and will be either accepted or declined next week.

Fri, 10 Feb 2017 16:04:58 GMT

Bernhard steps down from Daimler trucks chief post

Wolfgang Bernhard, the head of trucks in Daimler, stepped down a year earlier than he was supposed to on a contractual basis due to personal reasons.

Fri, 10 Feb 2017 15:26:39 GMT

Snowstorm causes casualties in American Northeast

Two people reported to be dead as a severe snowstorm hit the United States Northeast, forcing to cancel flights and shutdown institutions.

Fri, 10 Feb 2017 14:27:47 GMT

Abe aims to build trust between US and Japan

Shinzo Abe, the Prime Minister of Japan, claimed on Friday that he stands for strong ties between Japan and the US as he visited Washington to meet with Donald Trump.

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