News

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Fri, 25 Aug 2017 19:54:17 GMT

ECB Mario Draghi's optimism lifts EUR/USD

The Euro hit its highest against the US Dollar on Friday after the ECB President Mario Draghi expressed optimism over the Euro zone economy and the single currency.

Fri, 25 Aug 2017 19:52:39 GMT

Oil prices rise as Hurricane Harvey approaches US Gulf coast

The price of oil rose almost 1% on Friday amid the weak US Dollar and threats stemming from the Hurricane Harvey.

Fri, 25 Aug 2017 19:01:20 GMT

Brazil's tax revenue falls 0.3% last month

Brazil's tax agency reported on Friday that the country's federal tax revenue dropped 0.3% year-over-year in July, the worst since 2010.

Fri, 25 Aug 2017 18:56:53 GMT

VW manager says former CEO knew of emissions tests cheating

An anonymous quality manager of Volkswagen reported on Friday that he told the former CEO Martin Winterkorn on July 27, 2015, that VW cheated during emissions tests in the US.

Fri, 25 Aug 2017 18:13:41 GMT

Orders for US-manufactured durable goods plunge 6.8%

The Census Bureau reported that orders for US-made durable goods dropped 6.8% in July, following the preceding month's surge of 6.4%, while analysts expected a fall of 6.0%.

Fri, 25 Aug 2017 18:13:06 GMT

German business confidence deteriorates less than expected

The Munich-based Ifo Institute reported on Friday that its Business Climate Index fell to 115.6 in August from 116.0 in the prior month, whereas analysts anticipated a drop to 115.5.

Fri, 25 Aug 2017 17:04:16 GMT

Iraqi forces retake more Tal Afar areas

Iraqi government troops and allied paramilitary forces broke through the IS lines inside Tal Afar, reaching the centre of the city, the military reported on Friday.

Fri, 25 Aug 2017 17:03:25 GMT

New purge in Turkey sees hundreds of civil servants in latest decrees

According to an emergency decree published in the official gazette on Friday, hundreds of officials had been dismissed in the ongoing fallout from the 2016 coup in Turkey. 

Fri, 25 Aug 2017 16:05:16 GMT

Angola's ruling party wins national election

Angolan ruling MPLA party won the national election and ensured that the Defense Minister Joao Lourenco would be the country's next leader.

Fri, 25 Aug 2017 16:05:07 GMT

Trump to start push tax reform next week

The US President Donald Trump is to begin a major push to reform tax policy next week, The Financial Times reported on Friday.

Fri, 25 Aug 2017 15:11:41 GMT

India's Court declaration is blow to government

India's authorities has reported that India's Supreme Court declaration on the individual privacy that is a fundamental right for an each citizen, would have a big impact on the government.

Fri, 25 Aug 2017 15:10:57 GMT

Suicide attack at Kabul Shi'ite mosque kills at least 20

Afghan officials reported that in a suicide attack on a Shi'ite mosque in Kabul had died at least 20 people and had been wounded more than 40 others. Among the victims were two police officers. 

Fri, 25 Aug 2017 13:52:35 GMT

Macron expresses concerns in Poland

The President of France Emmanuel Macron during his visit to Poland announced that the government of the country is standing in the way of a compromise in the European regulation of Eastern European labour employment.

Fri, 25 Aug 2017 13:52:26 GMT

Indians protest rape conviction

In the northern part of India a convicted self-proclaimed "godman" was convicted of the rape of two women. That triggered protests by a crowd of his supporters.

Fri, 25 Aug 2017 12:55:16 GMT

US pilots prepare for more air strikes in Afghanistan

Due to Donald Trump announcing a new strategy in Afghanistan, US fighter pilots prepare for an escalation in the air strike amount.

Fri, 25 Aug 2017 12:55:05 GMT

Next week Trump is set to push tax reform

On Friday Financial Times reported that President of the United States Donald Trump next week will start the major push for tax reform.

Fri, 25 Aug 2017 11:49:02 GMT

Angola's ruling party wins elections

The ruling party of Angola, MPLA, as provisional results show, has taken 61.10% of the votes cast in the country's general election.

Fri, 25 Aug 2017 11:48:36 GMT

Chinese army helps in Macau

On Friday the troops of the Chinese People's Liberation Army were seen on the streets of Macau helping in the aftermath of the recent typhoon.

Fri, 25 Aug 2017 11:11:55 GMT

Bus drops into sea in Russia, 18 people dead

According to the Interfax news agency, not less than 18 people died and eight more got injured after a bus plunged into the Black Sea.

Fri, 25 Aug 2017 11:04:13 GMT

Unknown suicide bomber attacks mosque in Kabul

According to the Afghani police, an unknown suicide bomber blew himself up at the gate of a mosque in Kabul; no casualties had been reported yet.

Fri, 25 Aug 2017 10:12:24 GMT

Macron criticizes Poland

On Friday, the President of France Emmanuel Macron said that Poland was distancing itself from Europe by refusing to find compromise on the EU rules on the employment of work force from low income countries.

Fri, 25 Aug 2017 10:00:14 GMT

NATO wants more transparency from Russia

Jens Stoltenberg, the NATO Secretary General, said on Friday that Russia needs to be more transparent about its joint military drills with Belarus. He also added that the alliance would carefully watch these exercises.

Fri, 25 Aug 2017 09:02:18 GMT

Samsung chief sentenced to five years for bribery

On Friday, the former chief executive of Samsung Wang Min was jailed to five years after he was found guilty of paying bribes to former South Korean leader Park Geun-hye.

Fri, 25 Aug 2017 09:01:44 GMT

Thai Teriyapirom sentenced to 42 years for fraud

The former Thai commerce minister Boonsong Teriyapirom was jailed to 42 years after he was found guilty of falsifying intra-state rice agreements with China.

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