News

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Mon, 04 Sep 2017 16:52:37 GMT

Switzerland ready to mediate North Korean crisis

The Swiss President Doris Leuthard reported on Monday that Switzerland could help mediate the growing North Korean crisis.

Mon, 04 Sep 2017 16:20:08 GMT

South Korea says North Korea may fire ICBM

South Korea's Deputy Minister of National Defence reported on Monday that North Korea might launch an intercontinental ballistic missile.

Mon, 04 Sep 2017 16:19:21 GMT

Euro zone producer prices hold steady in July

Eurostat reported on Monday that its PPI came in at 0.0% in July, following the preceding month's decline of 0.2% but falling behind analysts' expectations for a 0.1% rise.

Mon, 04 Sep 2017 15:27:39 GMT

UK construction activity drops unexpectedly in August

Markit reported that its PMI for the UK construction sector fell to 51.1 last month from July's 51.9, while analysts expected a slight increase to 52.1 points.

Mon, 04 Sep 2017 15:26:53 GMT

Euro zone investor morale brightens in September

Sentix reported on Monday that its Investor Confidence Index for the Euro zone rose to 28.2 points in September, up from the prior month's 27.7, whereas analysts anticipated a slight fall to 27.4.

Mon, 04 Sep 2017 14:32:21 GMT

Serbian PM expects economy growth this year

The Prime Minister of Serbia Ana Brnabic stated on Monday that the country's economy might expand 2.5% in 2017 and 3% next year.

Mon, 04 Sep 2017 14:25:03 GMT

G7 ready to stop North Korean nuclear programme

The G7 countries have pledged to severe measures to ensure that North Korea completely stops its nuclear programme, following its latest missile test-launch on Monday.

Mon, 04 Sep 2017 13:32:52 GMT

UK prepared to intensify Brexit negotiations

According to the British PM Theresa May's spokesman, the UK is ready to intensify the Brexit negotiations with the EU, despite the move had not been agreed yet.

Mon, 04 Sep 2017 13:25:12 GMT

Swiss seeks to act as mediator in North Korea crisis

Switzerland's President Doris Leuthard stated on Monday that her country was ready to play a mediator role to help find a solution to the North Korea conflict, including by holding ministerial talks.

Mon, 04 Sep 2017 12:30:45 GMT

Daimler to trigger Via ride-hailing service in EU

Mercedes-Benz maker Daimler formed a joint venture with the US-based ride-hailing start-up Via as it sought to launch a new on-demand shared shuttle service in Europe, starting from London in 2017.

Mon, 04 Sep 2017 12:21:55 GMT

WWII massive bomb defused in Frankfurt

Germany's explosive experts had successfully defused a huge World War II bomb in the German financial capital Frankfurt after 60K people were evacuated on Sunday.

Mon, 04 Sep 2017 11:09:39 GMT

Novartis's Jimenez to retire in 2018, replaced by new CEO

Novartis announced on Monday that its current Chief Executive Joseph Jimenez was eager to step down in 2018 and would be replaced by the new CEO Vasant Narasimhan starting from February.

Mon, 04 Sep 2017 11:09:24 GMT

Spanish unemployment jumps markedly in August

According to the Spanish Employment Ministry, the number of unemployed Spaniards surged 46.4K in August, missing analysts' expectations for a 16.3K drop.

Mon, 04 Sep 2017 09:54:14 GMT

Eurozone PPI grows slower than expected in July

The Producer Price Index in the Euro zone rose at a slower pace than expected in July, thus remaining unchanged month-on-month, Eurostat reported on Monday.

Mon, 04 Sep 2017 09:52:07 GMT

European shares fall amid geopolitical tensions

The latest North Korea's nuclear test pressured traders to a massive sell-off of European shares on Monday, thus adding to the increasingly volatile stock market.

Mon, 04 Sep 2017 09:19:46 GMT

Russia calls for restraint on North Korea, worried about explosion

Russia's Deputy Minister Sergei Ryabkov expressed his concerns on Monday over any clumsy step could be made towards North Korea that might trigger an explosion, calling all parts for restraint.

Mon, 04 Sep 2017 09:13:52 GMT

US key pipeline resumes operations after Hurricane Harvey

On Monday, the biggest US fuel system resumed a key segment closure, following the devastating Hurricane Harvey that hit Texas on August 25, leaving at least 50 people dead.

Mon, 04 Sep 2017 08:28:22 GMT

Indonesia's minister to meet Myanmar leader over Rohingya

The Foreign Minister of Indonesia is scheduled to meet the Myanmar leader Aung San Suu Kyi this Monday to discuss humanitarian aid that should be provided to the Rohingya Muslims.

Mon, 04 Sep 2017 07:34:39 GMT

Taiwan Premier steps down as President's public support slips

On Monday, the President of Taiwan Tsai Ing-wen approved the resignation of the Premier Lin Chuan to help him to shore up his falling public support.

Mon, 04 Sep 2017 07:03:16 GMT

China JVs, VW to revoke 1.8M cars over fuel pump issue

German automaker Volkswagen and Chinese joint ventures SAIC VW and FAW VW are planning to recall as much as 1.8M vehicles amid fuel pump issue, a quality watchdog reported on Monday.

Mon, 04 Sep 2017 06:34:39 GMT

US, South Korea to conduct more drills after N. Korea nuclear test

On Monday, South Korea announced it was planning more military drills with the United States' army in response to the North Korean sixth and the most powerful nuclear missile test on Sunday.

Mon, 04 Sep 2017 06:29:15 GMT

Around 90K Rohingya Muslims flee to Bangladesh

About 90K Rohingya Muslims fled to Bangladesh, trying to escape a violence outbreak in Myanmar, which has erupted in the country since August.

Mon, 04 Sep 2017 05:18:53 GMT

South Korea and Japan to put more pressure on North Korea

In a telephone conversation on Monday, the Japanese PM Shinzo Abe and the South Korean President Moon Jae In agreed on a need for greater pressure on North Korea.

Mon, 04 Sep 2017 05:18:38 GMT

Hyundai replaces China operations head

Following a diplomatic argument between the two countries, South Korea's Hyundai decided to replace the chief of its Chinese operations with Tao Hung Than.

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