News

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Tue, 11 Jul 2017 13:56:00 GMT

Audi tries to conceal emissions scandal, presents new A8 car

Audi launched its new technology-packed A8 model on Tuesday following the company's attempts to eclipse the emissions scandal and overtake rivals BMW and Mercedes-Benz.

Tue, 11 Jul 2017 13:34:25 GMT

Syrian Observatory confirms ISIS leader killed

On Tuesday, Syria's Observatory for Human Rights reported that it had got a confirmed information that the Islamic State chief Abu Bakr al-Baghdadi being killed.

Tue, 11 Jul 2017 13:19:47 GMT

Uber aims to improve conditions for British drivers

The ride-hailing service Uber is aimed to improve the conditions for its UK drivers following the government review that seeks for a new "dependent contractor", referring to Uber's workers.

Tue, 11 Jul 2017 12:32:51 GMT

Santander ties-up with start-up Tradeshift over supply chain finance

Spain's Banco Santander cooperated with the San-Francisco start-up Tradership amid company's intention to provide 1.5M businesses with supply chain finance on its financial technology digital platform.

Tue, 11 Jul 2017 12:08:53 GMT

Tillerson considers Qatari position reasonable

The US State Secretary Rex Tillerson stated on Tuesday that he had found Qatar's views and position in the Gulf crisis "reasonable" after visiting the country's capital of Doha.

Tue, 11 Jul 2017 11:07:07 GMT

Bertelsmann not to buy remaining 25% of Random House

Bertelsmann stated it had achieved its goal to hold 75% of Penguin Random House and was not eager to buy the remaining 25%.

Tue, 11 Jul 2017 11:06:44 GMT

Tillerson arrives in Kuwait to discuss Qatar crisis

On Monday, the US State Secretary Rex Tillerson arrived in Kuwait to hold talks with the Gulf states over resolving the Doha crisis triggered by Qatar's alleged support of terrorism.

Tue, 11 Jul 2017 10:12:22 GMT

IFC to invest $50M in CompareAsiaGroup

A number of major investment funds, including the World Bank's group member International Finance Corporation, have agreed to invest $50M in the Hong-Kong's start-up CompareAsiaGroup that helps Asian consumers to select and acquire financial products. 

Tue, 11 Jul 2017 10:11:34 GMT

Nestle and Enterome to form a joint venture

Nestle's group health science business unit is planning to form a joint venture with pharmaceutical company Enterome to develop microbiome-based diagnostics for liver and bowel diseases.

Tue, 11 Jul 2017 09:30:47 GMT

Man gets head injury in Bull Run at San Fermin festival

A young man got a head injury and was given hospital treatment after he had taken part in the Bull Run at San Fermin festival in the Spanish city of Pamplona.

Tue, 11 Jul 2017 09:19:10 GMT

Thailand accepts $258M South Korea fighter jets purchase

The Cabinet of Thailand approved the $258M purchase of the eight South Korean T-50 fighter jets, the PM Prayuth Chan-ocha reported on Tuesday.

Tue, 11 Jul 2017 08:34:19 GMT

Donald Trump to visit UK in 2018

According to Sky News, the US President Donald Trump is planning his visit to Britain for the next year, following the UK PM Theresa May's invitation in January. 

Tue, 11 Jul 2017 08:27:55 GMT

Musk unveils first Tesla Model 3 photos

Tesla's CEO Elon Musk revealed the first pictures of a new $35K Model 3 sedan on his Twitter account, intending to roll off the production line.

Tue, 11 Jul 2017 07:34:20 GMT

Eight dead amid rare mass shooting in Thailand

Eight people were reported to be dead, including a child as gunmen started shooting after holding them hostage in the Thai Southern region of Krabi.

Tue, 11 Jul 2017 07:21:35 GMT

Amazon secures approval to sell and stock food in India

The online retailer Amazon won India's approval to invest in the domestic food retail following the company's intention to expand in the fast-growing economy.

Tue, 11 Jul 2017 06:34:40 GMT

Mexico launches inquiry over Honduran journalist murder

On Monday, Mexican authorities launched an investigation into the death of a Honduran journalist Edwin Rivera Paz, who was found shot dead in Acayucan on Sunday.

Tue, 11 Jul 2017 06:27:12 GMT

Arab Gulf states to pile pressure on Doha over 2013 accord

The four Arab states are seeking to step up pressure on Qatar as Doha broke a promise of a previously secret accord not to meddle into the Gulf states affairs.

Tue, 11 Jul 2017 05:15:35 GMT

Williams expects one more interest rate hike

John Williams, the San Francisco Federal Reserve Bank President, said he expected another interest rate hike later this year and added that inflation would rise to two percent in the upcoming year.

Tue, 11 Jul 2017 05:15:03 GMT

Al-Abadi declares victory over IS in Mosul

Haider al-Abadi, the Prime Minister of Iraq, announced on Monday the final victory in the battle for Mosul and warned of the challenges ahead in eliminating the Islamic State. 

Tue, 11 Jul 2017 04:25:02 GMT

US and UK urge to resolve Qatar crisis ASAP

According to the KUNA news agency, the UK, US and Kuwait called for a dialogue between Qatar and four other Gulf states to end tensions in the region as soon as possible. 

Tue, 11 Jul 2017 04:24:28 GMT

Mt. Gox's CEO denies embezzlement allegations

According to the Nikkei business daily, the Mt. Gox's top manager Mark Karpeles pleaded not guilty to charges of data manipulation and embezzlement.

Tue, 11 Jul 2017 02:55:51 GMT

Irish consumer sentiment at post-Brexit high in June

Irish consumer sentiment rose to the 16-month high in June, with more than a half of respondents expected the Irish economy to expand in the year ahead.

Tue, 11 Jul 2017 02:55:26 GMT

French state to find €4.5B in savings this year

French government ministries are set to identify €4.5B in savings this year, aiming to post the deficit below 3% of GDP on their budgets alone, without increasing taxes.

Tue, 11 Jul 2017 02:17:56 GMT

Belarus allowed to export meat to China

At least 26 Belarusian beef or poultry manufacturers were allowed to supply their products to China, Belarusian official Alexander Subbotin revealed.

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