News

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Mon, 28 Aug 2017 19:04:31 GMT

Merkel, Macron urge Russia and Ukraine to respect ceasefire agreement

The French President Emmanuel Macron and the German Chancellor Angela Merkel urged Russia and Ukraine on Monday to respect the previously-agreed ceasefire agreement.

Mon, 28 Aug 2017 19:03:54 GMT

Pakistani and Chinese officials discuss stability in Afghanistan

The Pakistani Foreign Secretary Tehmina Janjua met the Chinese Special Envoy on Afghan Affairs Deng Xijun on Monday to discuss measures how to implement stability in Afghanistan.

Mon, 28 Aug 2017 17:53:19 GMT

IEA says emergency oil supplies not needed yet

The International Energy Agency explained on Monday that emergency oil supplies were not yet needed to offset damage caused by Hurricane Harvey due to sufficient global reserves.

Mon, 28 Aug 2017 17:51:59 GMT

Source: Khosrowshahi likely to accept Uber's offer

Dara Khosrowshahi, the Chief Executive Officer of Expedia Inc, was likely to accept the offer to become the CEO of Uber Technologies Inc, as reported by Reuters on Monday.

Mon, 28 Aug 2017 17:11:40 GMT

Fitbit introduces new Ionic smartwatch

Fitbit launched on Monday its newest Ionic smartwatch with fitness tracking and contactless payment - a watch considered to be a strong competition for such companies as Apple Inc.

Mon, 28 Aug 2017 17:10:16 GMT

Catalonian parties prepare for referendum in October

Catalonian pro-independence parties said on Monday they would continue legal preparations for an independence referendum in October, strictly opposed by the Spanish government.

Mon, 28 Aug 2017 15:51:59 GMT

US trade gap in goods widens more than expected in July

The US Bureau of Economic Analysis reported that the country's trade deficit in goods rose to $65.0B last month, up from June's gap of $64.0B, whereas analysts anticipated an increase to $64.5B.

Mon, 28 Aug 2017 15:51:31 GMT

Mood of Italian consumers improves in August

The Italian Institute of Statistics reported that its Consumer Confidence Index hit 110.8 in August, whereas analysts expected the Index to come in at 106.9 points.

Mon, 28 Aug 2017 15:15:59 GMT

US wholesale inventories increase 0.4% last month

The US Census Bureau reported that wholesale inventories rose 0.4% in July, following the prior month's increase of 0.6% but topping expectations for a 0.3% gain.

Mon, 28 Aug 2017 15:15:09 GMT

Private loans grow 2.4% in Euro zone in July

The European Central Bank reported on Monday that private loans rose 2.4% year-over-year in July, up from the preceding month's gain of 2.1%.

Mon, 28 Aug 2017 13:52:56 GMT

Slovenia's Pahor likely to win second term as President

According to the Delo newspaper's poll published on Monday, Borut Pahor is likely to be re-elected as the Slovenian President for a second term.

Mon, 28 Aug 2017 13:52:47 GMT

Egypt and Germany reach deal to halt migrant flow

Germany announced on Monday that it had agreed on a deal with Egypt to stem migration flow from the Arab country on the back of domestic political tensions caused by refugees.

Mon, 28 Aug 2017 13:05:03 GMT

Car bomb hits Baghdad market, killing eight

A car bomb blast claimed by the Islamic State hit the crowded market in the Baghdad's Shi'ite Muslim district, leaving no less than eight people dead.

Mon, 28 Aug 2017 12:56:17 GMT

Danish Uber drivers found guilty of illegal taxi driving

On Monday, the Court of Copenhagen imposed fines on four Uber drivers for illegal taxi driving, with one of the drivers penalised about $78K.

Mon, 28 Aug 2017 12:28:27 GMT

New York regulator aims to fine Pakistani bank up to $630M

The New York State DFS seeks to fine the Pakistani Habib Bank up to $630M for deficiencies related to compliance with federal and state laws at its only US branch.

Mon, 28 Aug 2017 12:21:15 GMT

Pope plans visits to Bangladesh, Myanmar over Rohingya crisis

Pope Francis is planning his visits to Bangladesh and Myanmar in late November and early December amid the Rohingya Muslims crisis.

Mon, 28 Aug 2017 11:00:17 GMT

Iran deemed to build missile production sites in Lebanon, Syria

The Israeli PM Benjamin Netanyahu stated on Monday that Iran was constructing sites in Lebanon and Syria to produce missiles and use them against his country, which Israel found absolutely unacceptable.

Mon, 28 Aug 2017 11:00:08 GMT

Ex-Uzbek President's daughter to step down as ambassador

On Monday, the former Uzbek President Islam Karimov's daughter Lola Karimova-Tillyaeva stated that she would resign in the nearest future as UNESCO representative in Uzbekistan.

Mon, 28 Aug 2017 09:57:03 GMT

European shares edge lower on Monday

European shares fell to a two-week low on Monday in the wake of the ECB President Mario Draghi's speech on August 25 that resulted in a surge for the Euro.

Mon, 28 Aug 2017 09:53:47 GMT

Japan upbeat for continuous economic expansion

The government of Japan remained upbeat for the country's economic expansion led by solid domestic demand and a possible increase in public investment, a report showed on Monday.

Mon, 28 Aug 2017 09:19:47 GMT

Around 15K ATMs go offline in Indonesia amid satellite issues

About 15K of electronic card payment machines and ATMs went down over the weekend across Indonesia, following the outrage of the state-controlled "Telkom-1" satellite.

Mon, 28 Aug 2017 09:05:02 GMT

Samsung to invest $7B into China's NAND chip production

Samsung Electronics is eager to invest $7B in the following three years to boost its NAND memory chip output in China, the company confirmed on Monday.

Mon, 28 Aug 2017 08:33:47 GMT

Glencore to sell Australia's Rolleston coal mine

On Monday, Glencore announced about its plans to sell the Rolleston coal mine in Australia amid Glencore's intention to redeploy capital into other possibilities and optimise its portfolio.

Mon, 28 Aug 2017 08:28:12 GMT

China and India agree to terminate border dispute

The officials stated on Monday that China and India agreed to call out their troops from the disputed border area after the soldiers had been locked in a standoff over two months.

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