News

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Fri, 30 Mar 2018 15:10:13 GMT

Russia expels four Polish diplomats

According to the Polish Foreign Ministry, Moscow has ordered four Polish diplomats to leave the country by the 7th of April in retaliation for the expulsion of four Russian diplomats from Poland. 

Fri, 30 Mar 2018 15:09:52 GMT

US visa applicants to be checked for social media history

According to the US State Department's proposal, the US government is planning to collect history from social media websites from everyone who is applying for a US visa.

Fri, 30 Mar 2018 14:03:41 GMT

Putin discusses diplomats expulsion with security officials

Vladimir Putin's Press Secretary Dmitry Peskov stated that the President of Russia has discussed diplomatic measures taken by the West related to Oleg Skripal's poisoning with national security officials.

Fri, 30 Mar 2018 14:00:26 GMT

Spiegel: former UBS executive possibly to become next Deutsche Bank CEO

According to the Spiegel magazine, the chairman of Deutsche Bank Paul Achleitner considers Juerg Zeltner, former UBS wealth management executive, as the next CEO of Deutsche Bank.

Fri, 30 Mar 2018 13:15:29 GMT

US telecom regulator approves SpaceX broadband plans

On Thursday, the US telecommunications regulator formally approved the plan of Elon Musk's aerospace manufacturer SpaceX to build a global broadband network based on satellites. 

Fri, 30 Mar 2018 13:02:58 GMT

Turkish and Greek Cypriot leaders to meet in April

On Friday, the UN Cyprus mission representatives stated that the president of Turkish Northern Cyprus Mustafa Akinci and Greek Cypriot leader Nicos  Anastasiades agreed to participate in the informal meeting on April 16.

Fri, 30 Mar 2018 12:17:02 GMT

China to import $8T of goods till 2023

On Friday, the Foreign Minister of China Wang Yi claimed that China is planning to import $8T of goods and attract $600B of foreign investments in the next five years. 

Fri, 30 Mar 2018 12:07:34 GMT

Moscow expels two Dutch diplomats

The Dutch ambassador to Russia Renée Jones-Bos said that Moscow ordered to expel two dutch diplomats after two Russian diplomats were expelled from Netherlands in relation to the spy poisoning scandal.

Fri, 30 Mar 2018 10:52:07 GMT

Bulgaria not to expel Russian diplomats over poisoning

The Bulgarian Prime Minister Boyko Borissov said on Friday the country would not expel Russian diplomats over spy poisoning, stating that such an action required more evidence.

Fri, 30 Mar 2018 10:51:54 GMT

WSJ: NYSE plans purchase of Chicago Stock Exchange

The New York Stock Exchange has shown interest to acquire the Chicago Stock Exchange for $70M, the Wall Street Journal announced on Friday.

Fri, 30 Mar 2018 09:55:01 GMT

Toshiba says March deadline for chip unit sale could not be reached

Japan's Toshiba Corp announced on Friday that the $18B sale of its chip unit could not be finalised until the end of March due to delays in anti-monopoly approval from China.

Fri, 30 Mar 2018 08:56:12 GMT

Bahar Energy Limited announces expansion plans in Azerbaijan

Bahar Energy Limited, a subsidiary of the US-based Greenfields Petroleum, is set to implement five waterflood pilots for drilling in the Bahar gas field in Azerbaijan next year.

Fri, 30 Mar 2018 08:54:31 GMT

Singapore's CCS says Uber, Grab deal likely to infringe competition

The Competition Commission of Singapore suspects that the sale of Uber Technologies Inc's operations in Southeast Asia to its rival company Grab is likely to infringe competition.

Fri, 30 Mar 2018 08:07:49 GMT

China lowers taxes for semiconductor companies

The Chinese Finance Ministry reported on Friday that it had cut taxes for semiconductor companies in order to reduce the country's dependency on imported chips.

Fri, 30 Mar 2018 07:57:42 GMT

French consumer prices grow more than expected in March

The INSEE reported on Friday that its preliminary CPI rose 1.0% month-over-month in March, after remaining on hold in the prior month, whereas analysts anticipated an increase of 0.8%.

Fri, 30 Mar 2018 07:12:39 GMT

French consumer spending climbs 2.4% in March

French consumer spending rose 2.4% in March, following the preceding month's fall of 1.9% and surpassing analysts' expectations for an increase of 2.2%.

Fri, 30 Mar 2018 07:10:12 GMT

Japan housing starts drop less than expected in February

The MLIT reported on Friday that housing starts fell 2.6% in February, after dropping 13.2% in the prior month, whereas analysts anticipated a decline of 4.1%.

Fri, 30 Mar 2018 06:07:48 GMT

US apartment vacancy rate hits 4.7% in Q1 2018

Reis, a leading real estate research company, reported that the US apartment vacancy rate rose to 4.7% in the first quarter of 2018.

Fri, 30 Mar 2018 06:06:25 GMT

US Apartment vacancy rate hits 4.7% in Q1 2018

Reis, a leading real estate research company, reported that the US apartment vacancy rate rose to 4.7% in the first quarter of 2018.

Fri, 30 Mar 2018 05:56:57 GMT

Global mergers and acquisitions exceed $1T in Q1 2018

The value of global acquisitions and mergers totalled $1.2T in the March quarter of 2018, the strongest on record.

Fri, 30 Mar 2018 05:32:19 GMT

Japan's household spending increases in February

Japan's hosehold spending likely increased for the second month in succession in February, though cold weather and higher food prices would slow the growth pace, a Reuters poll revealed.

Fri, 30 Mar 2018 05:29:35 GMT

Indonesia to unveil simplifies tax-holiday program

Indonesia is expected to offer a simplified program for tax holidays in the following week, with PT Pertamina, the national oil firm, to be the first to benefit.

Fri, 30 Mar 2018 04:27:38 GMT

Huawei reports 28% higher net profit in 2017

China's smartphone maker Huawei Technologies reported a 28% increase in net profit of 2017, driven by strong performance in the domestic market and cost controls.

Fri, 30 Mar 2018 04:27:01 GMT

China anticipates cross-border capital flows to be stable this year

The Chinese Foreign Exchange Regulator anticipated cross-border capital flows to keep being stable and current account surplus to be at the reasonable level this year.

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