News

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Fri, 23 Jun 2017 06:14:11 GMT

Trump nominates New York Jets owner as US envoy to UK

The US President Donald Trump has officially nominated Woody Johnson, the owner of the New York Jets, as America's ambassador to the United Kingdom.

Fri, 23 Jun 2017 06:13:52 GMT

Arab states send Doha list of demands

In an attempt to put an end to the worst crisis in the Gulf states, four Arab countries that are blackballing Qatar for alleged terrorism support have sent Dona a list of demands.

Fri, 23 Jun 2017 05:24:32 GMT

Asian-Pacific shares remain flat, oil prices rise

Asia-Pacific shares remained unchanged during the Friday's session. Meanwhile, crude oil prices inched higher from 10-month lows, despite OPEC's output cuts.

Fri, 23 Jun 2017 05:09:55 GMT

Blast in Pakistan kills five people

According to the local police office, a blast near the Inspector General office in Quetta, southwestern Pakistan, killed five people.

Fri, 23 Jun 2017 04:23:56 GMT

Toshiba asks for extension for filing annual financial statement

Toshiba Corp has requested regulators for an extension for submitting the annual financial statement by August 10 since the company did not manage to get an approval from the auditor.

Fri, 23 Jun 2017 04:16:55 GMT

Tesla to build electric vehicles in China

Tesla Inc moved a step closer to establish an electric car manufacturing plant in China in order to avoid a 25% imported vehicle tariff. 

Fri, 23 Jun 2017 02:52:44 GMT

EU, US urge China to limit control of food imports

Food exporters including European Union and United States are intensifying pressure on China to slash plans for intensive imports inspections as it likely to disrupt trade.

Fri, 23 Jun 2017 02:52:33 GMT

All US big banks pass Fed stress tests

All major US banks passed yearly stress tests by the Fed, having strong capital and keeping their ability to lend to businesses and households during a recession, the Fed report showed.

Fri, 23 Jun 2017 02:13:39 GMT

EU to prolong sanctions against Russia

The European Union heads decided to prolong economic sanctions against Russia as the country failed to implement the Minsk Agreement, Donald Tusk revealed.

Fri, 23 Jun 2017 02:12:18 GMT

Japan's manufacturing activity at 52.0 in June

The flash Manufacturing PMI for Japan fell to seasonally-adjusted 52.0 in June, its seven-months low, following a final reading of 53.1 in the preceding month.

Thu, 22 Jun 2017 20:02:24 GMT

Home Capital's shares jump on loan agreement

On Thursday, Home Capital's shares surged 18% and hit the highest level since April after Berkshire Hathaway agreed to provide the company with a C$2B loan.

Thu, 22 Jun 2017 20:01:37 GMT

Trump says he did not record conversations with Comey

The US President Donald Trump reported on Thursday that he did not record his conversations with the former FBI Director James Comey.

Thu, 22 Jun 2017 19:11:31 GMT

Harley-Davidson to bid for Ducati

Sources close to the matter reported that Harley-Davidson, an American motorcycle manufacturer, might buy its Italian rival Ducati for €1.5B.

Thu, 22 Jun 2017 19:10:34 GMT

SNB continues ultra-loose monetary policy

The Swiss National Bank reported on Thursday that it would keep its expansionary monetary policy on hold for "the foreseeable future".

Thu, 22 Jun 2017 17:51:39 GMT

Canadian retail trade rebounds in April

Statistics Canada reported on Thursday that domestic core retail sales surged 1.5% in April, following the prior month's upwardly revised drop of 0.1% and surpassing expectations for a 0.6% increase.

Thu, 22 Jun 2017 17:51:25 GMT

Initial jobless claims climb to 241K last week

The number of Americans filing for unemployment benefits rose 3K to 241K in the week ended June 16, in line with analysts' forecasts.

Thu, 22 Jun 2017 17:01:32 GMT

House Democrats press Deutsche Bank for reports on Trump, Russia

Democratic lawmakers renewed their efforts to get Deutsche Bank AG to disclose sensitive information on its loans to the President Donald Trump and its involvement in trading schemes.

Thu, 22 Jun 2017 17:01:16 GMT

Google to increase government access to customer data

Google wants to make it easier for governments to access customer data stored on overseas servers to help combat terror attacks.

Thu, 22 Jun 2017 15:55:04 GMT

Qatar Airways seeks 10% stake in American Airlines

American Airlines reported they received a notice from Qatar Airways, which intended to purchase at least $808M in the US-based airline following a conversation between the two companies' CEOs.

Thu, 22 Jun 2017 15:54:07 GMT

Car bomb kills eight outside police station in Somalia

At least eight people were killed and four others wounded on Thursday when a car filled with explosives hit a police station in the Somali capital, Mogadishu.

Thu, 22 Jun 2017 14:58:28 GMT

29 die after car bomb hits Afghan bank

A car bomb exploded outside a bank on Thursday in Afghanistan's restive Helmand province, killing at least 29 people waiting to collect their monthly salaries, said the provincial governor.

Thu, 22 Jun 2017 14:58:03 GMT

Boeing beats Airbus in the hot Paris Airshow order race

Airbus conceded defeat to rival Boeing in the race for new business at the Paris Airshow, as a late haul of almost 100 aircraft failed to close a gap opened up by the launch of the American firm's new 737 model.

Thu, 22 Jun 2017 14:10:21 GMT

EU aims to develop low-cost rocket engine by 2030s

Europe seeks to manufacture a low-budget reusable rocket engine that would have been ready-to-use after 2030 as part of an agreement between the European Space Agency and Airbus Safran Launchers.

Thu, 22 Jun 2017 13:51:41 GMT

6.8 magnitude earthquake hits Guatemala, El Salvador

On Thursday, a powerful 6.8-magnitude earthquake shook Guatemala and its neighbour state El Salvador; however, no casualties have been reported yet.

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