News

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Wed, 04 Apr 2018 14:12:02 GMT

Iran calls for Syria's independence, condemns US

Iran's President Hassan Rouhani on Wednesday blamed Washington for supporting the Islamic State insurgents in Syria, calling on the other countries to respect Syria's independence.

Wed, 04 Apr 2018 13:58:10 GMT

One person killed in Moscow mall fire

On Wednesday, a fire broke out in a shopping centre in the eastern Moscow, killing at least one person, the news agency TASS reported.

Wed, 04 Apr 2018 13:12:24 GMT

Apple launches its payment platform Apple Pay in Brazil

On Wednesday, Apple arrived in Brazil with its mobile payment service Apple Pay and exclusive partnership with the country's biggest private lender Itaú Unibanco Holding.

Wed, 04 Apr 2018 13:03:12 GMT

North Korea sets date for Moscow visit by Foreign Minister

North Korea's Foreign Minister is set to arrive in Moscow next week for a meeting with his Russian counterpart scheduled for April 10, Russia's Foreign Ministry stated.

Wed, 04 Apr 2018 12:38:20 GMT

Denmark demands ex-Uber drivers to pay extra tax

Denmark's tax authorities urged about 1,2K ex-Uber drivers to pay additional tax worth $1.96M for 2014 and 2015, amid tax avoidance findings.

Wed, 04 Apr 2018 12:33:46 GMT

Facebook head Zuckerberg set to testify on April 11

The Chief Executive of Facebook Mark Zuckerberg is set to testify before the US House Commerce Committee in a week, on April 11, the panel stated on Wednesday.

Wed, 04 Apr 2018 11:35:11 GMT

Russia removes Hungarian diplomat over nerve agent attack

On Wednesday, Russia's Foreign Ministry stated that it had expelled the Hungarian diplomat in tit-for-tat move amid the ex-Russian spy Sergei Skripal case.

Wed, 04 Apr 2018 11:28:27 GMT

Boeing shares drop on China tariffs announcement

Shares of Boeing plunged 7.2% on Wednesday, following China's announcement that it will impose its own tariffs on US goods imports, which also included aircraft, in retaliation .

Wed, 04 Apr 2018 10:21:08 GMT

Elliott Management hopes for rapid reforms in Hyundai

The US-based hedge fund Elliott Management has urged Hyundai Motor Group to make more rapid reforms in the management, as its stake in the South Korean company is worth $1B.

Wed, 04 Apr 2018 10:11:24 GMT

Oil weakens due to Chinese tariffs on US goods

Oil prices dropped on Wednesday in response to China imposing tariffs on several US products, thus increasing the possibility of a trade war.

Wed, 04 Apr 2018 09:39:23 GMT

Russian IBS plans IPO on Moscow Exchange

Russia's IBS IT Services will launch an IPO on the Moscow Exchange, as it seeks to tap the country's economic recovery and resume domestic demand for the IT services.

Wed, 04 Apr 2018 09:32:18 GMT

China to impose extra tariffs on 106 US goods

China is set to introduce additional tariffs of 25% on 106 US goods worth $50B, including autos, chemicals, corn products, soybeans and different types of aircraft.

Wed, 04 Apr 2018 08:25:46 GMT

Amazon may make bid to buy Indian firm Flipkart

Amazon.com may offer to acquire India's e-commerce company Flipkart, which is now in talks with the US firm's rival Walmart, as both retailers fight for dominance in the Indian online industry.

Wed, 04 Apr 2018 08:20:07 GMT

Tech firms urge for gun control after YouTube shooting

On Tuesday, some of the Silicon Valley technology giants' CEOs called to enhance gun control, following an incident at the YouTube headquarters, where three people were wounded.

Wed, 04 Apr 2018 07:06:20 GMT

John Thain becomes nominee to Deutsche Bank's supervisory board

Deutsche Bank has nominated the US banker John Thain to the lender's supervisory board, the company announced on Wednesday.

Wed, 04 Apr 2018 07:02:21 GMT

Air New Zealand to end seven-year JV with Virgin Australia

On Wednesday, Air New Zealand announced it would end the seven-year joint venture with Virgin Australia Holdings with no plans to renew the alliance.

Wed, 04 Apr 2018 06:36:22 GMT

LafargeHolcim's largest shareholder steps down

The largest shareholder of LafargeHolcim Thomas Schmidheiny is planning to leave the company's board at the 2018 annual general meeting, the world's biggest cement maker reported on Wednesday.

Wed, 04 Apr 2018 06:32:06 GMT

China to take countermeasures against US tariff list

China criticised the United States over Trump administration's extensive tariff plan, which would hit around $50B of China's hi-tech and industrial products, vowing countermeasures in the trade dispute.

Wed, 04 Apr 2018 03:19:12 GMT

Jet Airways to by &% Boeing jets worth $8.8B

India's Jet Airways announced that the company entered into a deal with Boeing for the purchase of its 75 narrowbody jets, which would cost nearly $8.8B.

Wed, 04 Apr 2018 03:18:24 GMT

Hyundai expects reorganisation to benefit shareholders

South Korean Hyundai Motor stated that the company is confident the its plan to reorganise the governance structure is likely to benefit its shareholders.

Wed, 04 Apr 2018 01:55:11 GMT

China's Caixin services PMI drops unexpectedly to 52.3

Markit reported that its PMI for the Chinese services sector fell to 52.3 in March from the preceding month's 54.2, whereas analysts anticipated a rise to 54.5.

Wed, 04 Apr 2018 01:54:10 GMT

Australian retail sales rise more than expected last month

The ABS reported on Wednesday that retail sales surged 0.6% in March, following the prior month's climb of 0.2% and surpassing analysts' expectations for an increase of 0.3%.

Tue, 03 Apr 2018 20:06:41 GMT

Williams to become next Head of New York Fed

John Williams, the President of the Federal Reserve of San Francisco, has been promoted to the Head of the New York Federal Reserve.

Tue, 03 Apr 2018 20:05:56 GMT

Trump says he could have good relationship with Putin

On Tuesday, the US President Donald Trump said he thought that he could potentially have a good relationship with the Russian President Vladimir Putin.

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