News

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Wed, 07 Jun 2017 19:04:04 GMT

Trump heads to Ohio to talk infrastructure amid Comey crisis

Donald Trump, as part of his call for an infrastructure bill, will travel to Cincinnati on Wednesday to push his plan to upgrade the US inland waterway system of locks and dams.

Wed, 07 Jun 2017 18:29:35 GMT

Iranian military blames Saudis after 12 killed in terrorist attack

Iranian military blamed Saudi Arabia for the first terrorist attack claimed by IS in their country, setting the stage for spiraling tensions between the two rivals at a critical moment in the region.

Wed, 07 Jun 2017 18:25:03 GMT

Police carry out controlled explosion near London's US embassy

The British police have carried out a controlled explosion after being alerted to two unattended vehicles near the new US embassy in south-west London.

Wed, 07 Jun 2017 16:51:32 GMT

Senate not sure about tax-cut scope

The US Senate Finance Committee Chairman Orrin Hatch said that it was hard to say how big the upcoming tax cuts would be, despite Trump's calls for dramatic tax cuts for individuals and businesses.

Wed, 07 Jun 2017 16:50:42 GMT

Sweden's Kinnevik to sell remaining stake in Rocket Internet

Kinnevik, a Swedish investment company, reported on Wednesday that it would sell its remaining 6.6% stake in Rocket Internet, a German venture capital group.

Wed, 07 Jun 2017 16:27:00 GMT

Biggest US commercial car maker reports 4.6% revenue drop

Navistar, the largest American commercial truck maker, reported that its revenue fell 4.6% to $2.10B in the Q2 ended April 30, marking the ninth consecutive quarterly revenue drop.

Wed, 07 Jun 2017 16:25:49 GMT

British police arrest man in connection with London attack

The British police arrested a 30-year-old man on Wednesday in connection with the London Bridge attack, official sources reported.

Wed, 07 Jun 2017 15:06:08 GMT

US crude stockpiles rise unexpectedly

The EIA reported that US crude oil inventories rose 3.3M barrels in the week ended June 2, following the prior week's drop of 6.4M barrels and falling behind expectations for a 3.1M-barrel decline.

Wed, 07 Jun 2017 15:03:11 GMT

Canadian building permits fall for third straight month in April

Statistics Canada reported that building permits dropped 0.2% in April, compared to the preceding month's upwardly revised fall of 4.9%, whereas analysts anticipated an increase of 2.4%.

Wed, 07 Jun 2017 14:28:45 GMT

Trump to name ex-Justice Dept lawyer as new FBI chief

On Wednesday, the US Presdient Donald Trump announced that he would nominate the ex-Assistant US Attorney General Christopher Wray as a new FBI Director.

Wed, 07 Jun 2017 14:20:50 GMT

Sweden to fight terrorism by toughening laws

The Sweden centre-left government together with the opposition parties came to an agreement to tighten the laws with intention to fight terrorism after an outbreak of attacks across Europe.

Wed, 07 Jun 2017 13:22:46 GMT

Iran attack death toll rises to 12

The number of casualties of the Iranian Parliament and Mausoleum attack reached 12 after three assailants opened fired and detonated a suicide vest on Wednesday.

Wed, 07 Jun 2017 13:10:41 GMT

Myanmar military plane disappears with 120 on board

According to the Myanmar officials, an army plane with 120 people on board has gone missing this Wednesday after losing communication over the Andaman Sea on its way to the Yangon city.

Wed, 07 Jun 2017 12:27:37 GMT

Scandlines ceases ferries from Denmark to Germany over threat tip-off

On Wednesday, ferry operator Scandlines suspended ferry transportation between Denmark and Germany as the police received a telephone threat; however, declined to provide further information on the issue.

Wed, 07 Jun 2017 12:12:12 GMT

Transdev, Delphi to develop EU autonomous shuttle service

Delphi Automotive is eager to cooperate with a French-controlled public transport service Transdev Group as the companies intend to develop a self-driving shuttle service operating in Europe.

Wed, 07 Jun 2017 11:16:41 GMT

Trump-Putin meeting likely to be held behind closed doors

According to the Kremlin, a firm date for the first meeting of the US President Donald Trump and the Russian President Vladimir Putin is not set yet; however, it is more likely to be held behind the closed doors.

Wed, 07 Jun 2017 11:16:16 GMT

Japanese Display postpones investment in JOLED until 2018

Japan's Display delayed its scheduled investment in the manufacturer of organic light-emitting diode panels JOLED until at least the next year amid an unfinished overhaul of its business strategy.

Wed, 07 Jun 2017 10:04:09 GMT

Political turmoil strengthens to EU defense

The recent events like the election of Donald Trump, as the President of the US, and the Brexit have given new momentum to the European Union's defense research program. The program is set to receive more funds for developing new military technology.

Wed, 07 Jun 2017 10:03:01 GMT

Daesh claim attack on Iran

On Wednesday the Daesh group's news agency AMAQ announced that the organization is responsible for the attack on the Iranian parliament.

Wed, 07 Jun 2017 09:25:44 GMT

Seven die in Iran's Parliament and Mausoleum attack

At least seven people died in a attack on the Iran Parliament and Ayatollah Khomeini Mausoleum on Wednesday after three assailants opened fire with two AK-47 assault rifles and a pistol.

Wed, 07 Jun 2017 08:55:56 GMT

Hyundai US sales head steps down amid weak sales

The US Sales Director of Hyundai Motor Derrick Hatami left his post in a company's management shake-up, presumably, due to sluggish sales as Hyundai had posted a 15.5% drop in the US sales in May.

Wed, 07 Jun 2017 08:30:15 GMT

UAE prohibits Qatar's citizens to travel or transit via country

Abu Dhabi's Etihad Airways announced about the UAE government decision to bar Qatari passport holders from travel or transit through the country amid Qatar's strained ties with its Gulf neighbours.

Wed, 07 Jun 2017 08:11:43 GMT

Russia intercepts US bomber flying over Baltic Sea

On Tuesday, Russian fighter jet intercepted a nuclear-armed US B-52 bomber flying over the Baltic Sea; a move that was deemed by Russia as the Cold War threat.

Wed, 07 Jun 2017 07:31:58 GMT

Carrefour to put forward Bompard as new Chief Executive

The board of France's supermarket chain Carrefour intends to nominate Alexandre Bompard as a new company's CEO as early as this Friday or next Monday.

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