News

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Fri, 09 Jun 2017 12:19:34 GMT

Nokia phases out 170 job positions in Finland

On Friday, Nokia announced about its decision to cut back 170 jobs in addition to 960 job positions the company cut last year in its domestic market.

Fri, 09 Jun 2017 10:54:22 GMT

UK trade balance improves in April

The British goods trade deficit narrowed to £10.4B in April, whereas analysts expected the trade gap to remain unchanged at £12.0B.

Fri, 09 Jun 2017 10:54:07 GMT

British manufacturing production rebounds less than expected

The ONS reported on Thursday that UK manufacturing production rose 0.2% in April, following the prior month's fall of 0.6% but falling behind expectations for a 0.8% increase.

Fri, 09 Jun 2017 10:24:15 GMT

Azerbaijan Energy Minister dies at 69 in Turkey

The Azerbaijan's Minister of Energy Natig Aliyev died at the age of 69 in the Turkish hospital on Friday, where he had his treatment for a heart complaint, according to the Azeri news outlets.

Fri, 09 Jun 2017 10:09:25 GMT

Catalonia to hold independence referendum on October 1

On Friday, Catalonia announced that it would hold a vote on its split from Spain on October 1 following the intention to become an independent country in the form of a Republic.

Fri, 09 Jun 2017 09:14:26 GMT

Retrieved bodies tally rises to 31 in Myanmar plane crash

The number of the bodies retrieved after the Myanmar military plane crashed over the Andaman Sea rose to 31 on a third day from the accident.

Fri, 09 Jun 2017 08:55:14 GMT

Arab powers define Qatar-linked people as terrorists

On Friday, Saudi Arabia, the UAE, Bahrain and Egypt designated dozens of people who were allegedly linked to Qatar as terrorists, aggravating the strained tensions among the Gulf States and threatening the region's stability.

Fri, 09 Jun 2017 08:19:57 GMT

EU afraid PM May's majority loss to delay Brexit talks

The British PM Theresa May's loss of the majority in the UK election have spooked the European Union leaders as they fear that it may delay the Brexit talks and increase the risk of failure in negotiations.

Fri, 09 Jun 2017 08:03:54 GMT

Qatar to hold ground in Gulf crisis

Qatar affirmed on Thursday it was not eager to surrender and compromise its sovereignty on foreign policy to find solution to the Gulf crisis.

Fri, 09 Jun 2017 07:15:35 GMT

Czech PM calls UK to form govt ASAP to launch Brexit talks

On Friday, the Czech Republic PM Bohuslav Sobotka stated that Britain should urgently form its new government as the country had to start the Brexit talks as quickly as possible.

Fri, 09 Jun 2017 06:57:01 GMT

South Korea searches aircraft found close to North Korea border

The South Korean military was inspecting a small abandoned aircraft that was found close to the North Korean border on Friday.

Fri, 09 Jun 2017 06:32:40 GMT

UK Prime Minister May likely to step down

According to Citi, the British PM Theresa May is likely to leave her post amid her fiasco at winning majority in the June 8 election.

Fri, 09 Jun 2017 06:28:16 GMT

Turkeys' Erdogan permits to deploy troops in Qatar

The President of Turkey Tayyip Erdogan passed legislation on deploying Turkey's military forces in Qatar with intention to provide support to the Gulf state, isolated from its neighbour Arab countries.

Fri, 09 Jun 2017 05:11:53 GMT

British Conservatives win 297 seats, Labour Party - 252

The first results of the UK General Election showed that the Tories led by the PM Theresa May gained 297 seats, whereas its closest rival, the Labour Party led by Jeremy Corbyn, won 252 seats.

Fri, 09 Jun 2017 05:06:41 GMT

Japanese services activity rebounds sharply in April

The METI reported on Friday that the Japanese Tertiary Industry Activity Index climbed 1.2% in April after dropping 0.3% in March, whereas analysts anticipated an increase of 0.5%.

Fri, 09 Jun 2017 04:14:55 GMT

Labour Party leader Corbyn calls for May to step down

The UK Labour Party leader Jeremy Corbyn called for Theresa May to step down as the British Prime Minister after the election results showed that she lost seats and voter support.

Fri, 09 Jun 2017 04:07:01 GMT

Chinese producer prices grow less than expected last month

China's National Bureau of Statistics reported on Friday that its Producer Price Index climbed 5.5% in May, following the prior month's increase of 6.4% and falling behind expectations for a 5.7% gain.

Fri, 09 Jun 2017 02:52:37 GMT

BoJ still far to achieve 2% inflation target

The Bank of Japan remained far to reach its 2% inflation target, but public inflation expectations were stabilised due to the central bank's ultra-loose monetary policy.

Fri, 09 Jun 2017 02:52:29 GMT

Greece hopes election not to affect Germany's decision on debt

Prokopis Pavlopoulos, the Greek President, urged German FM Wolfgang Schaeuble not to allow domestic politics impact his stance on ensuring debt relief to Greece.

Fri, 09 Jun 2017 02:16:15 GMT

Chinese consumer prices increase 1.5% in May

The China's Consumer Price Index posted a 1.5% yearly increase in May, matching analysts' expectations and following a 1.2% rise registered in the prior month.

Fri, 09 Jun 2017 02:15:25 GMT

Australian April home loans drop 1.9% in April

The number of home loans in Australia declined to a seasonally adjusted 1.9% in April, following a downwardly revised 0.9% drop registered in March.

Thu, 08 Jun 2017 19:54:31 GMT

Saudi foreign minister arrives in Oman for talks

The Foreign Minister of Saudi Arabia Adel al-Jubeir arrived in Oman on Thursday to hold talks in Muscat with Omani officials.

Thu, 08 Jun 2017 19:54:16 GMT

Brazil election court weighs Temer's fate

Judges on Brazil's election court were expected to begin voting on Thursday on whether to strip the President Michel Temer of his mandate.

Thu, 08 Jun 2017 19:14:53 GMT

General Motors' Opel sale can be completed by end of July

General Motors could complete the sale of its European brand Opel to France's PSA Group by July 31, the company announced on Thursday. 

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