News

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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.

Wed, 30 Aug 2017 18:18:02 GMT

US-led coalition blocks IS convoy

On Wednesday, the US-led coalition fighter jets stopped a convoy of the Islamic State militants from reaching territory in eastern Syria that is controlled by the terrorists.

Wed, 30 Aug 2017 18:17:53 GMT

Italy denies collusion with Libyan traffickers

On Wednesday, an official from the Italian ministry's press office said that Italy did not conclude any deals with human trafficking groups in Libya to prevent migrants crossing the Mediterranean.

Wed, 30 Aug 2017 17:08:58 GMT

Samsung to invest $7B in chip plant in China

Samsung signed an agreement allowing to expand the company's chip production in China, with a preliminary investment of $7B.

Wed, 30 Aug 2017 17:07:51 GMT

Ukraine to keep defence spending at 5% of GDP next year

Ukraine is set to sustain its defence spending at nearly 5% of GDP in 2018, which would finance priority tasks of enhancing the country's security and defence, the head of security agency stated.

Wed, 30 Aug 2017 16:04:47 GMT

AT&T to its expand 5G trials in US

AT&T stated that the company is set to include three more US cities while expanding its 5G trials, aiming to push development of a next-generation network.

Wed, 30 Aug 2017 16:04:36 GMT

US GDP growth revised up to 3.0% in Q2

The US economy marked a faster-than-expected growth pace of 3.0% in the June quarter, providing more signs that momentum would be sustained in the Q3, the second preliminary report showed.

Wed, 30 Aug 2017 15:29:35 GMT

Britain to replicate EU external trade agreements after Brexit

The UK is seeking for ways to replicate the trade agreements that the EU has with other countries outside the bloc after Brexit in March 2019, British PM Theresa May stated.

Wed, 30 Aug 2017 15:28:03 GMT

Blockchain techology moves towards mobility services, car sharing

EY, the part of Ernst&Young, said that it launched a system based on a blockhain technology, which would allow companies or group of individuals to share ownership of their cars.

Wed, 30 Aug 2017 14:29:38 GMT

Ryanair not to make offer for assets of Air Berlin

The Ryanair CEO Michael O'Leary stated on Wednesday that his Irish low-cost airline would not make an offer for the struggling German carrier Air Berlin's assets.

Wed, 30 Aug 2017 13:34:11 GMT

UN official calls to end Palestinian feud amid energy crisis

The UN Secretary-General Antonio Guterres urged to terminate the Palestinian political divisions as they caused energy crisis deepening in the two million people isolated enclave.

Wed, 30 Aug 2017 13:20:35 GMT

US conducts missile defence test off Hawaii coast

On Wednesday, the MDA reported that the US Navy and Missile Defence Agency successfully conducted an ICBM defence test off the Hawaii coast.

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