News

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Thu, 31 Aug 2017 11:15:22 GMT

China Communist Party's congress to start on Oct. 18

According to the Chinese state media, the country's ruling Communist Party is planning to hold a congress starting on October 18.

Thu, 31 Aug 2017 11:15:12 GMT

Magna promotes new self-driving car system

The car supplier Magna announced on Thursday it was developing a new system for carmakers to enable automotive vehicles to drive without requiring large rooftop sensors.

Thu, 31 Aug 2017 10:00:38 GMT

German Salzgitter set not to close US factories

Germany's steelmaker Salzgitter said that it was not planning to close is plants in the United States, where the company suffered from import duties.

Thu, 31 Aug 2017 10:00:03 GMT

Jimmy Choo reports almost three time higher profit in H1

Luxury shoemaker Jimmy Choo announced that the company's pretax profit almost tripled reaching £18.1M in the H1, supported by its licensing and retail businesses.

Thu, 31 Aug 2017 09:31:16 GMT

German automakers may face stiff cartel fines

VW, Audi, BMW, Mercedes-Benz and Porsche may face large cartel fines, in case Germany's antitrust regulators prove the collusion on prices and suppliers among the carmakers.

Thu, 31 Aug 2017 09:15:13 GMT

BAT triggers shake-up as e-cigarettes go mainstream

British American Tobacco reorganised its management structure after the Reynolds American claims to bring its heated tobacco and vaping products into the core business.

Thu, 31 Aug 2017 08:34:42 GMT

New Zealand to extradite man to China

On Thursday, the New Zealand court upheld the government's decision to extradite the country's resident Kyung Yup Kim to China to face charges against him as he was accused of murder.

Thu, 31 Aug 2017 08:26:58 GMT

LG Electronics launches new flagship phone version

The tech company LG Electronics launched on Thursday an upgraded version of its flagship smartphone named LG V30, implementing some new advanced camera and voice features into the device.

Thu, 31 Aug 2017 07:32:14 GMT

About 27,4K Rohingya Muslims flee into Bangladesh

The UN sources reported on Thursday that around 27,4K Rohingya Muslims fled to Bangladesh, trying to escape an outbreak of violance in Myanmar.

Thu, 31 Aug 2017 07:26:33 GMT

UK, Japan agree to mend security ties

On Thursday, Japan and Britain agreed on closer cooperation on cyber security, defence and counter-terrorism amid British PM Theresa May's intention to strengthen relations between the two allies.

Thu, 31 Aug 2017 06:34:19 GMT

UK assures Abe Brexit talks to be transparent

The Prime Minister of Japan Shinzo Abe received an official commitment from Britain that the Brexit negotiations will be transparent.

Thu, 31 Aug 2017 06:26:41 GMT

Several people wounded amid bomb blast in Turkey

On Thursday, a bomb exploded in a garbage container in the Turkish province of Izmir, leaving several passengers on a shuttle bus wounded, the Dogan news outlet reported.

Thu, 31 Aug 2017 04:52:43 GMT

Australian companies increase spending plans amid long-awaited revival

Australian business investment climbed a seasonally adjusted 0.8% in the June quarter, while firms updated spending plans for the year ahead, reflecting revival out of mining.

Thu, 31 Aug 2017 04:52:34 GMT

Mexico to quit NAFTA if Trump starts withdrawal

Mexican Foreign Minister stated that the country would leave negotiations, if US President Donald Trump proceeds with threat to begin withdrawal from NAFTA.

Thu, 31 Aug 2017 04:14:12 GMT

BoJ's Masai sees economy capable of hitting price target

The Bank of Japan's Takako Masai stated that the country's economy was getting closer to reach the bank's inflation target, despite fragile consumption and slow pay growth.

Thu, 31 Aug 2017 04:11:54 GMT

Toshiba to proceed with talks on chip unit sale

Toshiba Corp is set to continue talks with a group led by Western Digital and two other potential buyers on the sale of memory chip unit.

Thu, 31 Aug 2017 02:53:52 GMT

Kia Motors ordered to pay nearly $374M to workers

A South Korean court requested Kia Motors to pay its workers around $374M in unpaid wages, within the lawsuit where workers urged to include bonuses in a base pay.

Thu, 31 Aug 2017 02:53:18 GMT

China's manufacturing PMI at 51.7 in August

Chinese manufacturing sector growth accelerated unexpectedly as the official PMI reached a 51.7 mark in August, up from 51.4 in the prior month.

Thu, 31 Aug 2017 02:13:04 GMT

Argentina to forecast 3% expansion next year

The government of Argentina is expected to announce its forecasts for inflation and economic growth of 12% and 3%, respectively, during its budget bill presentation in September.

Thu, 31 Aug 2017 02:12:06 GMT

Japan's industrial output down 0.8% in July

Japan industrial production fell more than anticipated 0.8% in July, as manufacturers restrained production of electrical machinery, preliminary data showed.

Wed, 30 Aug 2017 20:14:46 GMT

New Uber executive plans IPO in 18-36 months

On Wednesday, the Uber's new CEO Dara Khosrowshahi promised employees to change company's culture and go public in 1,5 to 2,5 years.

Wed, 30 Aug 2017 20:14:33 GMT

Brazilian parliamentarians to send BNDES bill to Senate

On Wednesday, the Brazilian Chamber of Deputies rejected amendments to the BNDES legislative proposal, thus sending it to the Senate for a final vote.

Wed, 30 Aug 2017 19:06:38 GMT

Alexa unites with Cortana to outcompete Siri

The Amazon's Alexa has partnered with the Microsoft's Cortanta to allow both virtual assistants to talk each other. The alliance aims to outcompete the Apple's Siri as well as the Google Assistant.

Wed, 30 Aug 2017 19:06:20 GMT

Senator Duckworth asks FBI to check Icahn

On Wednesday, the US Democratic Senator Tammy Duckworth asked the FBI to lauch a criminal investigation into whether Carl Icahn abused his role of Donald Trump's advisor on issues relating to changes in the federal biofuel program.

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