News

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Sat, 14 Jul 2018 14:16:59 GMT

Boeing to incur $124M charge

On Friday, Boeing Co claimed that it is planning to incur $124M charge related to the sale of its production facilities in Wichita, Kansas to Spirit Aerosystems.

Sat, 14 Jul 2018 12:53:23 GMT

EU Digital Chief urges to ease tough line on copyright reform

EU Digital Chief Andrus Ansip called EU lawmakers to soften the tough line on copyright reforms as the EU races to agree with the rules, sugesting that tech giants would share revenues with artists and publishers.

Sat, 14 Jul 2018 12:53:01 GMT

US intelligence chief: devastating cyber assault threat grows

The US Intelligence Chief Dan Coats claimed that a threat of devastating cyber attack on critical US infrastrcutre grows as cyber strikes on national agencies and US corporations are launched daily.

Sat, 14 Jul 2018 12:24:36 GMT

China's import to US ports peaks due to tariff threat

In June, Chinese imports to the ports of the US rose more than it was expected, suggesting that retailers such as Amazon and Wall-Mart moved up orders before the possible implementation of new import tariffs.

Sat, 14 Jul 2018 12:18:11 GMT

Wells Fargo CFO: reputations scandals a challenge for investment unit

On Friday, Chief Financial Executive of Wells Fargo & Co John Shrewsberry claimed that reputation scandals over bank's sales practice negatively affect its wealth and investment management unit.

Sat, 14 Jul 2018 11:34:16 GMT

Bezos' Blue Origin to charge $200000 for space trips

Blue Origin, a rocket company owned by Amazon founder Jeff Bezos, is planning to charge its clients $200000 for space trips on Blue Origin's New Shepard space vehicle.

Sat, 14 Jul 2018 11:29:13 GMT

South Korea summons Russian diplomat over military plane incursion

On Friday, South Korea said that it has summoned Russian embasy official to express regrets regarding the incursion of two Russian military jets SU-35 into the air defence identification zone of South Korea.

Sat, 14 Jul 2018 09:49:01 GMT

Eritrea's President visits Ethiopia to strengthen relations

The President of Eritrea Isaias Afwerki arrived in Ethiopia this Saturday for a three-day official visit intended to improve and strengthen bilateral ties between the countries.

Sat, 14 Jul 2018 09:48:31 GMT

Iran: US is isolated over sanctions

The Iranian President Hassan Rouhani told media on Saturday that the ‘illegal action' of imposing sanctions on Iran has isolated the United States among its allies.

Sat, 14 Jul 2018 09:15:27 GMT

India's SEBI proposes tighter rules on auditors

The Securities and Exchange Board of India has proposed stricter amendments to laws for auditors and third-party individuals conducting review on financial statements.

Sat, 14 Jul 2018 09:11:45 GMT

Wells Fargo sees 12% decline in net income in Q2

Net income of Wells Fargo & Co fell 12% during the second quarter of 2018 due to a considerable decline in fee earnings, especially in insurance and mortgages.

Sat, 14 Jul 2018 07:48:00 GMT

WSJ: businesses, consumers more confident in Q2Y2018

According to the Wall Street Journal, the solid profit increase of Citigroup and JPMorgan Chase & Co in Q2Y2018 showed stronger business and consumer confidence in the US economy.

Sat, 14 Jul 2018 07:47:29 GMT

Colombia's Duque names key cabinet members

The Colombian President-elect Ivan Duque has nominated Andres Valencia and Carlos Holmes as agriculture and foreign ministers, respectively.

Sat, 14 Jul 2018 06:58:11 GMT

NPA suspends temporarily four shipping lines

The Nigerian Ports Authority has slammed a 10-day suspension on Maerskline, Cosco, APS and Lansal shipping lines after a strike of truck drivers.

Sat, 14 Jul 2018 06:56:46 GMT

China signs modernisation deal with Nokia

China Mobile has signed a deal worth $1.17B with the Finnish telecommunications company Nokia for the implementation of a future-oriented network infrastructure.

Sat, 14 Jul 2018 06:11:33 GMT

Turkey calls US for understanding

The head of the ruling Justice and Development Party Mehdi Eker said on Friday he expects the United States will understand and respect Turkey's decision to purchase Russian S-400 missile batteries.

Sat, 14 Jul 2018 06:08:07 GMT

Rocha quits presidential race

Brazilian Billionaire Flavio Rocha announced on Friday his quit from presidential race amid low rates in opinion polls which were similar to ex-Minister Henrique Meirelles results.

Sat, 14 Jul 2018 05:22:13 GMT

Massive protests begin in Nicaragua

Tens of thousands Nicaraguans went to the streets of their cities on Friday to demand President Daniel Ortega's immediate resignation.

Sat, 14 Jul 2018 05:18:46 GMT

Putin meets with Iranian envoy

The President of Russia Vladimir Putin met on Friday with delegation from Iran led by Khamenei's aide Akbar Velayati to discuss regional security and future of the nuclear deal.

Sat, 14 Jul 2018 04:10:45 GMT

Pompeo meets with Obrador

In a meeting with the newly elected President of Mexico Andres Obrador, the US Secretary of State Mike Pompeo noted that President Trump wanted to improve and strengthen relations with southern neighbour.

Sat, 14 Jul 2018 04:06:13 GMT

Pelosi wants discussion about election meddling

The senior US Democrat in the House of Representatives Nancy Pelosi said on Saturday that President Trump must convince Vladimir Putin to end meddling into American elections.

Sat, 14 Jul 2018 03:06:27 GMT

US removes ban on companies selling to China's ZTE

US Department of Commerce On Friday removed a ban on US companies selling goods to Chinese company ZTE Corp.

Sat, 14 Jul 2018 03:05:51 GMT

AT&T CEO believes that Time Warner deal is unmovable

On Friday, Chief Executive Randall Stephenson stated that the US Justice Department has little or no chance of overturning AT&T Inc's of buying Time Warner.

Sat, 14 Jul 2018 02:07:21 GMT

US Justice Department accuses Russian spy's of 2016 election meddling

On Friday, a federal grand jury announced the indictments of 12 Russian spies with hacking and meddling of the US 2016 Presidential election.

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