News

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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.

Mon, 28 Aug 2017 07:34:37 GMT

Vietnamese President appears in public after long-term absence

On Monday, the Vietnam President Tran Dai Quang appeared in public for the first time after a month-long absence amid deemed health problems.

Mon, 28 Aug 2017 07:28:32 GMT

France to hold migrant summit with EU "big four" powers

The French President Emmanuel Macron will host the Europe's "big four" powers on Monday amid the scheduled migrant summit as France's leader seeks to get refugee crisis under control.

Mon, 28 Aug 2017 06:31:52 GMT

Infosys' Nilekani aims at new CEO search, strategy

The Infosys new chairman Nandan M. Nilekani set a new CEO search a high priority, saying he would also focus on the company's future strategy development.

Mon, 28 Aug 2017 06:24:35 GMT

Samsung's Lee files appeal against five-year imprisonment

According to the Seoul Central District Court's web page, the former Samsung Vice President Jay. Y. Lee's defence lawyer appealed against the five-year imprisonment given to the tech giant's scion for bribery.

Mon, 28 Aug 2017 05:23:23 GMT

India's GDP to rise to 6.6%, GST in focus

The Indian GDP is seen rising to 6.6% in the bypast quarter; however, analysts surveyed by Reuters are extremely concerned that the GST could dampen growth in the short run.

Mon, 28 Aug 2017 05:13:40 GMT

China's lottery officials fired over alleged corruption

Late on Sunday, the leading Chinese watchdog revealed two state lottery officials had been removed from their positions over alleged corruption.

Mon, 28 Aug 2017 04:24:08 GMT

Uber picks new CEO

People familiar with the matter revealed Uber's board had picked Dara Khosrowshahi, the CEO of Expedia travel firm, as the company's new chief executive.

Mon, 28 Aug 2017 04:23:10 GMT

Western Digital chief to strike Toshiba chip deal

According to sources close to the matter, the CEO of Western Digital arrived in Tokyo and is ready to finalise a deal to acquire Toshiba's memory chip business.

Mon, 28 Aug 2017 02:52:45 GMT

CBS to buy Australian broadcaster Ten Network

The US most-watched broadcaster CBS Corp agreed to buy Australian free-to-air brodcasting firm Ten Networks, which suffered huge losses and failed to cut costs

Mon, 28 Aug 2017 02:52:17 GMT

US considers shortening of exchange visas

The Trump's administration was considering reduction of visas for US work exchange and cultural programs, includig summer workers and au pairs.

Mon, 28 Aug 2017 02:13:04 GMT

UK pushes to talk about future ties, EU wants divorcement first

Britain's officials are set to arrive in Brussels to push the EU to start discussion on post-Brexit ties, while the bloc refused to do without decisions on many divorce issues.

Mon, 28 Aug 2017 02:12:03 GMT

Trump threatens to scrap NAFTA by next round of negotiations

Donald Trump resumed with threat to discard NAFTA and ripped on both Mexoco and Canada in his Twitter in a couple of days before the start of the next raound of talks.

Sun, 27 Aug 2017 19:21:19 GMT

Egypt's Sisi discusses nuclear power plant with Rosatom head

The Egyptian President Abdel-Fattah al-Sisi discussed the establishment of a nuclear power plant in Egypt with the chairman of the Russian State Atomic Energy Corporation on Sunday.

Sun, 27 Aug 2017 19:19:56 GMT

Syrian, Russian troops eliminate over 800 terrorists

The Syrian government forces together with the Russian air force had destroyed more than 800 terrorists as a result of an operation on August 27, the Russian Defence Ministry announced on Sunday.

Sun, 27 Aug 2017 18:27:43 GMT

APEC members discuss free trade agreements in Vietnam

Asia-Pacific Economic Cooperation (APEC) members met in Vietnam on Sunday to discuss trade agreements in the region.

Sun, 27 Aug 2017 18:26:52 GMT

Brunei builds $1.3B fertilizer plant to improve economy

Brunei plans to build a $1.3B fertilizer plant to diversify income from oil and gas industries and improve the local economy.

Sun, 27 Aug 2017 16:52:53 GMT

Germany's Merkel urges EU countries to show solidarity in taking in refugees

Germany's Chancellor Angela Merkel urged the EU countries to show solidarity in taking in refugees and defended her decision to open Germany's borders she took two years ago. 

Sun, 27 Aug 2017 16:47:17 GMT

US to keep peaceful pressure campaign on North Korea

The US Secretary of State Rex Tillerson said that the US would continue to keep peaceful pressure campaign on North Korea amid firing of three ballistic missiles this week. 

Sun, 27 Aug 2017 16:19:05 GMT

China tops global fintech usage

China outperformed Britain and India to top the global fintech usage, with the country's fintech adoption rate coming at 69% in the Ernst & Young index that measures users activity in money transfers, payments, investments, etc.

Sun, 27 Aug 2017 16:12:35 GMT

Toursim continues to support Greece's economy

Tourism, one of the main pillars of Greece's economy, continues to support country's efforts to recover from the current debt crisis, with a 6.6% increase to 7.9M of foreign arrivals in the first half of the year.

Sun, 27 Aug 2017 15:25:21 GMT

Apple's ban on Iranian apps to boost domestic startups

The Iranian Minister of Telecommunication and Information Technology said that Apple's ban on Iran's apps in alleged compliance of the US economic sanctions will foster development of domestic technologies. 

Sun, 27 Aug 2017 15:20:51 GMT

China to count on innovation for manufacturing upgrades

China will rely on innovation to boost manufacturing upgrades and economic restructuring, prompting industry leaders to make breakthroughs in core technology and take advantage of the Internet to reshape development.

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