News

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Tue, 15 Aug 2017 05:33:46 GMT

Trump's administration sued over sanctuary policy

On Monday, California filed a suit against the US Justice Department over federal sanctions on the law enforcement grants, continuing the Democrats' legal counterattack against Donald Trump's administration.

Tue, 15 Aug 2017 05:26:42 GMT

Thailand's PM to arrive in Washington in October

The Prime Minister of Thailand Prayuth Chan-ocha is willing to arrive in the United States in October for a state visit at the White House to discuss trade, security and ties mending between Washington and Bangkok.

Tue, 15 Aug 2017 04:34:43 GMT

China to defend interests in case US harms trade ties

China vowed to adopt measures to defend Beijing's interests, in case the United States damages their trade ties, following Trump's authorised inquiry into intellectual property theft by China.

Tue, 15 Aug 2017 04:27:48 GMT

Three CEOs quit from Trump's Manufacturing Council

On Monday, three Directors of Merck, Intel and Under Armour stepped down from the Donald Trump's American Manufacturing Council, following Trump's tepid response to violence in Virginia's Charlottesville.

Tue, 15 Aug 2017 02:51:22 GMT

US to target North Korea oil, textiles at UN

The Unites States is set to tighten global economic ties with North Korea by pushing for UN sanctions, which would target Pyongyang's oil supplies and textile exports.

Tue, 15 Aug 2017 02:50:46 GMT

Schaeuble wants ECB low rates policy to end soon

Wolfgang Schaeuble, the German Finance Minister, revealed his criticism over the ECB's low interest rates policy and expressed hopes that it would end soon.

Tue, 15 Aug 2017 01:54:10 GMT

Facebook extends Marketplace trading service throughout Europe

Facebook is set to move forward into e-commerce via expanding its local buyers and sellers connecting service in 17 new markets in Europe, the company said.

Tue, 15 Aug 2017 01:53:33 GMT

Volkswagen to invest over $800M in Brazil

Volkswagen, the German automaker, announced that it would invest $812M in a new plant in Brazil, aiming at modernizing assembly lines.

Mon, 14 Aug 2017 20:12:36 GMT

Trump orders probe into China's policy on intellectual property

On Monday, the US President Donald Trump ordered an inquiry into China's trade practices on intellectual property that are allegedly harming US businesses and jobs.

Mon, 14 Aug 2017 19:54:55 GMT

Ailing Italian banks had failed ECB's requirements since 2014, documents show

The two ailing Italian banks, Veneto Banca and Banca Popolare di Vicenza, had failed ECB's capital demands since 2014, documents cited by Reuters showed on Monday.

Mon, 14 Aug 2017 19:13:16 GMT

British security analyst pleads not guilty to hacking charges

The British cyber security analyst Marcus Hutchins pleaded not guilty to charges accusing him of creation and distribution of a malware code used for stealing banking credentials.

Mon, 14 Aug 2017 19:12:18 GMT

Frazier resigns as CEO of American Manufacturing Council

Kenneth Frazier resigned on Monday from his position as the CEO of American Manufacturing Council, an advisory body to the US President, to withstand intolerance and extremism.

Mon, 14 Aug 2017 18:01:21 GMT

Sierra Club sues US Energy Department over study

The environmental organisation The Sierra Club filed a lawsuit against the US Energy Department on Monday, hoping to discover details about a research on the electricity grid.

Mon, 14 Aug 2017 17:55:32 GMT

Pence: US will use its power to help restore democracy in Venezuela

The US Vice President Mike Pence told reporters on Monday that the United States would use its diplomatic and economic power to help restore democracy in Venezuela.

Mon, 14 Aug 2017 16:54:07 GMT

CEO: latest stock conversion of Vale SA was success

The CEO of Vale SA Fabio Schvartsman said on Monday that its stock conversion plan was a success, thus facilitating the company's possible listing in the São Paulo Stock Exchange.

Mon, 14 Aug 2017 16:51:58 GMT

Nasdaq, S&P rise more than 1% after tensions in Korean peninsula ease

The Nasdaq Composite and the S&P rose by more than 1% on Monday, as easing tensions in the Korean peninsula drove investors to riskier assets.

Mon, 14 Aug 2017 16:14:04 GMT

Canada might quit NAFTA talks over dispute settlement mechanism

The Canadian Foreign Minister Chrystia Freeland said on Monday that Canada might fail to agree on NAFTA in case the US discarded an important dispute-settlement mechanism.

Mon, 14 Aug 2017 15:57:26 GMT

Norway's PM pledges to cut taxes if re-elected

The Norwegian Prime Minister Erna Solberg assured on Monday that in case of re-election on September 11 she would reduce taxes to boost the country's economy.

Mon, 14 Aug 2017 15:02:30 GMT

Saudis to continue building huge Mecca hotel

Saudi Arabia is likely to restart building of one of the largest hotels in the world, the $3.5B worth Abraj Kudai hotel located in Mecca.

Mon, 14 Aug 2017 15:01:31 GMT

Norway PM sees short-term UK EEA membership as challenge

The potential for the transitory British participation in the European Economic Area after Brexit would be both costly and challenging to handle, Norway's PM stated.

Mon, 14 Aug 2017 14:27:41 GMT

Ryder plans offering Chanje's electric vehicles on lease

The US truck rental and leasing firm Ryder Systems will form a partnership with the electric truck manufacturer Chanje and plans to launch offering its trucks on lease in the Q4 of 2017.

Mon, 14 Aug 2017 14:19:37 GMT

Raytheon appoints ex-US Deputy Defence Secretary to board

On Monday, the missile producer Raytheon appointed the former US Deputy Defence Secretary Robert Work as its board's director.

Mon, 14 Aug 2017 13:34:08 GMT

Merck CEO steps down from Trump Manufacturing Council

The CEO of Merck & Co Kenneth Frasier quitted his post in the US President Donald Trump's American Manufacturing Council after recent events in Virginian city of Charlottesville.

Mon, 14 Aug 2017 13:26:54 GMT

Ukraine denies supplying North Korea with missile technology

On Monday, Ukraine vowed it had never sold any missile defence technology to North Korea, rebutting a New York Times news article that claimed about its rocket engine purchase.

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