News

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Tue, 18 Jul 2017 07:34:07 GMT

Turkey's Erdogan to visit Gulf states on July 23-24

The President of Turkey Tayyip Erdogan is eager to visit Qatar, Kuwait and Saudi Arabia on July 23-24 following the attempts to find a solution to the Gulf crisis.

Tue, 18 Jul 2017 07:26:17 GMT

Samsung to recover rare metals from revoked Note 7

Samsung is willing to recover about 157 tonnes worth of rare metals out of the recalled Galaxy Note 7 phones amid company's intention to reuse the components and minimise the environmental impact of its devices.

Tue, 18 Jul 2017 06:34:54 GMT

Australian Greens loses senator over dual citizenship

The Australian Greens party Senator Larissa Waters was forced to resign on Tuesday as she had a dual citizenship, which made her ineligible for the office.

Tue, 18 Jul 2017 06:31:51 GMT

Electric car start-up hires BMW's Kranz as CTO

The BMW executive Ulrich Kranz joined the electric vehicle start-up Faraday Future as Chief Technology Officer as the company pushes to accelerate its FF91 electric SUV production.

Tue, 18 Jul 2017 05:09:44 GMT

Duterte asks Congress to extend martial law until 2018

Rodrigo Duterte, the President of the Philippines, had asked the Congress to prolong martial law in island of Mindanao until 2018 to allow the army to eradicate Islamic terrorists.

Tue, 18 Jul 2017 05:09:24 GMT

6.4 earthquake hits Peru

The US Geological Survey said that a 6.4 magnitude earthquake had hit a territory located 200 km southwest of Puquio on Monday; no reports of casualties or damage.

Tue, 18 Jul 2017 04:20:11 GMT

Two more Republicans oppose revised healthcare bill

On Monday, the US Senators Mike Lee and Jerry Moran announced that they could not vote for an amended healthcare draft legislation.

Tue, 18 Jul 2017 04:19:55 GMT

Indonesia's KPK names suspect in a corruption investigation

A senior Indonesian lawmaker "SN" (supposedly Setya Novanto, the speaker of the House of Representatives) was put under investigation by the local anti-corruption agency, being suspected of corruption amounting to $173M. 

Tue, 18 Jul 2017 02:53:21 GMT

Kremlin wants US to find wisdom to solve political row

The Kremlin expressed hopes that the Trump administration would manage to find wisdom to solve political disagreement with Moscow over Russian property seizure in the US.

Tue, 18 Jul 2017 02:52:33 GMT

US sets no timeline to restore beef imports from Brazil

Brazil needs to show progress on improving its inspections before the US would set any timeline to stop a ban on fresh Brazilian beef imports, the US agriculture secretary stated.

Tue, 18 Jul 2017 02:07:33 GMT

BNP Paribas fined by Fed $246M

The US Federal Reserve announced that it is set to fine BNP Paribas and some of its subsidiaries in the US $246M for its unsaafe practices in Forex markets.

Tue, 18 Jul 2017 02:06:34 GMT

US sees lower trade deficit as top priority in NAFTA talks

The United States made the first step in the renegotiation of NAFTA, emphasizing its top priority was diminishing the US trade deficit with Mexico and Canada.

Mon, 17 Jul 2017 20:07:09 GMT

Egypt to terminate visa-free entry for Qatar nationals

According to Egypt's Foreign Minister, the country would terminate visa-free entry for Qataris, the latest and the major measures against Doha, which three Gulf states are boycotting.

Mon, 17 Jul 2017 20:05:38 GMT

World stocks hit record high on China's growth data

World stocks' gauge hit a record high during the New York session, while MSCI Asia-Pacific shares reached a two-year high and copper prices rose to four-months high amid China's growth data.

Mon, 17 Jul 2017 19:17:59 GMT

US TSA terminates laptop ban on Saudi Arabian Airlines

According to a spokesman, the US TSA stated that the large electronics on-board ban on Saudi Arabian Airlines' passengers for the US-bounded flights had been lifted.

Mon, 17 Jul 2017 19:07:03 GMT

Tesla driver rejects Autopilot's fault in car crash

The Tesla driver who was involved in a car crash in Minnesota stated that the car's Autopilot system did not lead to the incident, since it was deactivated at the time of the crash.

Mon, 17 Jul 2017 18:16:08 GMT

China's economy expands faster-than-expected

Chinese GDP rose 6.9% in the second quarter of 2017, while analysts expected economy to expand by 6.8%, allowing policymakers to tackle major economic challenges.

Mon, 17 Jul 2017 18:05:58 GMT

Shares of Blue Apron drop due to Amazon.com

Shares of Blue Apron Holdings Inc dropped 11% on Monday amid possible Amazon.com Inc's acquisition of Whole Foods Market Inc because of the fast expansion of meal-kit industry.

Mon, 17 Jul 2017 17:01:05 GMT

UAE not responsible for Qatar hacking

The UAE Foreign Minister Anwar Gargash has denied allegations of hacking into Qatari websites, which sparked a month-long diplomatic crackdown in Doha.

Mon, 17 Jul 2017 17:00:46 GMT

Dutch open memorial to victims of 2014 Malaysia Airlines jetliner crash

On Monday, the Netherlands opened a national monument in memory of 2014 Malaysia Airlines plane crash victims, where 298 people including 196 Dutch citizens were killed.

Mon, 17 Jul 2017 16:02:59 GMT

Lithuanian citizen to be extradited to US

On Monday, a Vilnius court ruled that Evaldas Rimasauskas, who has been kept in custody since March over alleged involvement in a $100M e-mail fraud, must be extradited to the US.

Mon, 17 Jul 2017 16:02:22 GMT

New York Manufacturing Index falls to 9.8 in July

The Empire State Manufacturing Index for the month of July dropped 10 points to come in at 9.8 after hitting its strongest level in over two years in the prior month.

Mon, 17 Jul 2017 15:05:52 GMT

Canada's foreign securities purchases reach $29.5B in May

Data released by Statistics Canada revealed international transactions in Canadian securities surged to $29.5B for the month of May from $10.6B in April.

Mon, 17 Jul 2017 15:05:27 GMT

Euro zone inflation comes in at 1.3% in June

According to the data released by Eurostat on Monday, the inflation rate in the 19-country bloc dipped to 1.3% over the month of June from 1.4% registered in the preceding month.

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