News

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Sat, 23 Sep 2017 15:16:12 GMT

Lukoil to focus on steady growth

According to Lukoil CEO, the company planned to keep pumping at least 100 million tonnes of oil per year for the next decade and would keep the annual investment between $8B and $8.5B.

Sat, 23 Sep 2017 15:14:36 GMT

Italy forecasts GDP raise and budget deficit cut

Italy has raised the forecast for this year's economic growth up to 1.5% and stated that it would cut its budget deficit, while 2018 targets should be agreed with the European Commission.

Sat, 23 Sep 2017 14:06:56 GMT

Thyssenkrupp to merge with Tata Steel

Thyssenkrupp AG will set up a joint working group of labour representatives and board members to assist with the implementation of the merger with Tata Steel, for a 50-50 joint venture.

Sat, 23 Sep 2017 14:06:29 GMT

Seismic activity in Korean take place 50 km from previous tests

According to the CTBTO, the nuclear proliferation watchdog, unusual and suspicious seismic activity was detected in North Korea and took place about 50 km from prior tests.

Sat, 23 Sep 2017 13:57:59 GMT

New Zealand's National Party overpasses Labour Party

According to the Electoral Commission, the votes cast for the National Party, the ruling party of New Zealand, has reached 46.5%, while the Labour Party has gathered 35.5%.

Sat, 23 Sep 2017 13:56:49 GMT

Ghana not to violate Ivory Coast rights: ITLOS

According to the ITLOS, Ghana did not violate any rights of Ivory Coast by performing the hydrocarbon activities, such as oil drilling, carried out in the disputed maritime area.

Sat, 23 Sep 2017 12:30:24 GMT

Mexican rescuers keep looking for more survivors

Scopes of volunteers and trained rescuers army have combed through Mexico's deadliest earthquake rubble, hoping to rescue possible survivors four days after the disaster.

Sat, 23 Sep 2017 12:29:12 GMT

Petition against London's ban on Uber hits 500,000 signatures

An online petition against London's decision to strip Uber of the taxi licence has already gathered 500,000 signatures, only 24 hours after the announcement.

Sat, 23 Sep 2017 10:56:05 GMT

Russian hackers tried to access California's election system last year

California's Chief Elections Officer said that the US Department of Homeland Security assumed Russian hackers tried to identify weakness in the state's election website ahead of last year's presidential elections.  

Sat, 23 Sep 2017 10:55:55 GMT

German politicians make final appeal to voters ahead of Sunday's elections

The German Chancellor Angela Merkel and her main counterpart, Martin Schulz, make their final appeal to voters ahead of parliamentary elections on Sunday, with both urging not to support the right-wing populist AfD party.

Sat, 23 Sep 2017 09:54:28 GMT

Turkey's PM vows security, economic steps amid independence referendum in Kurdish region

Turkey's Prime Minister Binali Yildirim said that the country's steps in response to an independence referendum in northern Iraq's Kurdish region would have diplomatic, security, economic and political dimensions. 

Sat, 23 Sep 2017 09:54:11 GMT

UK's May sets out plan to retain access to EU single market

The UK Prime Minister Theresa May set out a plan to retain a full access to the EU's single market for 2 years after Brexit to reset the tone of stalled talks with Brussels.

Sat, 23 Sep 2017 09:10:36 GMT

Moody's downgrades Britain's rating amid Brexit

The rating agency Moody's revised downwards the UK's credit rating to Aa2 amid fears that Brexit would weigh on the economy.

Sat, 23 Sep 2017 09:06:07 GMT

Greece to remain under supervision after bailout programme ends

The Head of the group of the Eurozone finance ministers Jeroen Dieselbloem said that Greece would remain under supervision after the country exits its current bailout programme next year. 

Sat, 23 Sep 2017 08:21:46 GMT

Iran successfully tests medium-range missile

Iran announced it had successfully tested a new medium-range missile, in defiance of the US President Donald Trump, who criticised Iran's missile programme and the 2015 nuclear deal with the country. 

Sat, 23 Sep 2017 08:15:30 GMT

UK Minister for London criticises capital's authorities for not renewing Uber's license

The UK government Minister for London criticised the London authorities for deciding not to renew Uber's taxi license expiring on September 30, a setback for the US company that has become a major player in the capital's transport system.

Sat, 23 Sep 2017 07:18:08 GMT

Canada, Ukraine to strengthen bilateral relations

Ukraine and Canada confirmed a joint commitment to strengthen bilateral relations to ensure that both Ukrainians and Canadians can benefit from the Canada-Ukraine Free Trade Agreement.   

Sat, 23 Sep 2017 07:13:49 GMT

Russia calls for calm while US feels challenged by North Korea's threats

Russia urged to calm down, as the US admitted it felt challenged by North Korea's statement that it could test a hydrogen bomb over the Pacific, and the US President Donald Trump and the leader of North Korea Kim Jong Un traded more insults.

Sat, 23 Sep 2017 06:02:26 GMT

Russia ready to extend oil production cuts if necessary

The Russian Energy Minister Alexander Novak reported that Russia was ready to extend the oil production cuts agreed with the OPEC beyond the Q1 of 2018 if necessary.

Sat, 23 Sep 2017 06:02:03 GMT

NAFTA renegotiation to be delayed

The US Commerce Secretary Wilbur Ross reported that the NAFTA renegotiation might be delayed amid regional elections in both Canada and Mexico.

Sat, 23 Sep 2017 04:52:12 GMT

Canada is unlikely to quit NAFTA negotiations

Amid Canada's strong trade dependency on the US market, the country would unlikely quit the NAFTA talks, according to market analysts and government insiders.

Sat, 23 Sep 2017 04:51:55 GMT

China urges for Japan to continue dialogue over North Korea

On Saturday, China's Foreign Minister Wang Yi urged for Japan to continue with the dialogue over North Korea.

Sat, 23 Sep 2017 04:26:14 GMT

California, Ohio, Wisconsin say they were targeted by Russian hackers

California, Ohio, Wisconsin and 10 more states reported that they were among 21 states targeted by Russian hackers during the 2016 Presidential Election.

Sat, 23 Sep 2017 04:24:13 GMT

China to hit North Korea's major exports and imports

On Saturday, China reported that it would ban petroleum exports to North Korea and textile imports from the neighboring country.

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