News

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Mon, 18 Sep 2017 17:25:21 GMT

Turkish military starts drill near Iraqi border

The Turkish army reported it launched a military drill featuring tanks on Turkey-Iraq border on Monday, a week before the Iraqi Kurdish Regional Government would hold an independence referendum.

Mon, 18 Sep 2017 16:02:48 GMT

Iran claims US seeking to disrupt nuclear deal

Iran's nuclear chief claimed that the US was seeking to disrupt the 2015 Iran nuclear accord, invoking the UN watchdog to confront Washington's unacceptable demands.

Mon, 18 Sep 2017 16:02:37 GMT

Carney sees Brexit pushing up inflation and interest rates

Mark Carney, the Bank of England governor, said on Monday that Brexit would push inflation in Britain even if economic performance would be damaged.

Mon, 18 Sep 2017 15:25:53 GMT

Trump makes UN debut as North Korea threat comes into focus

The US President Donald Trump made his debut at world leaders annual gathering at the United Nations in New York over escalating nuclear threat from North Korea.

Mon, 18 Sep 2017 15:25:43 GMT

Northrop Grumman to buy Orbital ATK for $7.8 billion

Northrop Grumman has announced that it plans to buy missile and rocket maker Orbital ATK for about $7.8B in cash, a deal that would establish a new, fourth business sector.

Mon, 18 Sep 2017 14:24:21 GMT

Ryanair shares drop amid flight cancellation

Ryanair shares plunged on Monday after the airline had suddenly cancelled around 50 flights, affecting the plans of thousands of passengers, as the carrier sought to cope with shortage of pilots.

Mon, 18 Sep 2017 13:33:20 GMT

10K UK finance jobs affected by Brexit's first wave

About 10K finance jobs will be moved out of the UK or created overseas in the following years, if EU denies Britain access to its single market, Reuters survey showed.

Mon, 18 Sep 2017 12:32:38 GMT

Northrop Grumman to acquire missile maker Orbital

The US defence contractor Northrop Grumman is eager to buy rocket and missile maker Orbital ATK for around $7.8B, giving the firm access to lucrative deals with the US Army and NASA.

Mon, 18 Sep 2017 12:22:59 GMT

Iceland to hold snap election on October 28

Iceland has set the snap Parliamentary election for October 28, the country's President Gudni Johannesson stated on Monday, following the collapse of the current government last week.

Mon, 18 Sep 2017 11:14:06 GMT

Bundesbank expects decrease in German inflation

According to the Bundesbank, Germany's price growth is likely to slow down in the autumn period amid the sharp increases' "base effects" last year; however, core inflation is expected to lift up slightly.

Mon, 18 Sep 2017 11:13:57 GMT

Italian trade balance surprises markets

Istat reported on Monday that the Italian trade surplus widened to €6.56B in July, compared to the prior month's €4.50B and topping analysts' expectations for a drop to €3.89B.

Mon, 18 Sep 2017 10:12:34 GMT

China to protect IP rights of foreign investors

The Commerce Ministry of China disclosed on Monday its plan for a four-month crackdown intended to secure intellectual property rights of foreign investors.

Mon, 18 Sep 2017 09:54:36 GMT

Haley says UNSC has exhausted options against North Korea

The US Ambassador to the United Nations Nikki Haley said that the UN Security Council was lacking tools to limit North Korea's nuclear program.

Mon, 18 Sep 2017 09:34:38 GMT

China sees EU decision on solar panel as "positive step"

Chinese Commerce Ministry stated that the bloc's decision to reduce the minimum price of the imported China's solar panels was a "positive step" for market normalisation.

Mon, 18 Sep 2017 09:30:29 GMT

Hackers compromise CCleaner free software

On Monday, the UK cyber-security company Piriform stated that hackers broke into its free software CCleaner and installed a malicious programme that could let them to control about 10M devices.

Mon, 18 Sep 2017 08:34:40 GMT

Hiscox expects $150M net claims amid Hurricane Harvey

Hiscox announced that it expected about $150M of net claims based on the $25B insured market loss from the Hurricane Harvey.

Mon, 18 Sep 2017 08:29:39 GMT

UK police arrest another suspect in London train blast

Second suspect in the London train explosion that left at least 30 people injured has been arrested by the UK police under the country's terrorism laws on Saturday.

Mon, 18 Sep 2017 07:33:59 GMT

North Korea's fuel prices jump amid UN sanctions

According to the market data, diesel and gasoline prices soared dramatically in North Korea, following the UN imposed sanctions that are capping fuel supply.

Mon, 18 Sep 2017 07:24:01 GMT

UK companies seek three-year Brexit transitional deal

The majority of the UK businesses, including Centrica and BT, called for a three-year Brexit transitional deal as the companies seek to protect jobs in the EU and Britain.

Mon, 18 Sep 2017 06:08:17 GMT

Rights group asks for sanctions against Myanmar military

In a response to an attack that forced 410K Rohingya Muslims to flee to Bangladesh, a rights group urged for sanctions and weapon embargo against Myanmar military.

Mon, 18 Sep 2017 06:07:26 GMT

Russia and China begin naval exercises near North Korea

On Monday, Russia and China began naval exercises close to North Korea, just ahead of the UN General Assembly meeting later this week.

Mon, 18 Sep 2017 05:10:21 GMT

Canada's Unifor union members on strike at GM Ontario plant

Having failed to reach an agreement with General Motors, Canada's Unifor union members went on a strike at the company's Ontario plant.

Mon, 18 Sep 2017 05:09:00 GMT

China to strengthen foreign investment risks control

On Monday, the Chinese insurance regulator said the state was ready to step up its foreign investment risks and insurance funds' capital flows supervision.

Mon, 18 Sep 2017 04:20:00 GMT

Space official promoted to People's Liberation Army's chief

On Monday, the Chinese military said a senior space official had been promoted to the position of the leader of the People's Liberation Army's main equipment development department.

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