News

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Thu, 29 Mar 2018 10:01:32 GMT

China will attack cryptocurrencies

The central bank of China is planning to start a crackdown program on virtual currencies during this year.

Thu, 29 Mar 2018 10:00:05 GMT

Volkswagen unveils new car concept

At the New York auto show Volkswagen on Wednesday revealed a new prototype concept pickup truck. The new Atlas Tanoak truck is designed for the US market.

Thu, 29 Mar 2018 09:39:19 GMT

VW to buy back diesel cars in case of German bans

Germany's automaker Volkswagen is planning to offer its new diesel car buyers to buy back their vehicles in case Germany imposes diesel bans, as the country seeks to reduce emission amount.

Thu, 29 Mar 2018 09:33:57 GMT

North and South Korea sets April 24 for summit

According to the South Korean officials' statement on Thursday, North and South Korea are set to hold the first summit in years on April 27, following Kim Jong Un's commitment to denuclearisation.

Thu, 29 Mar 2018 08:36:18 GMT

IOC President Bach to visit North Korea

On Thursday, the President of the International Olympic Committee Thomas Bach headed to North Korea, the Yonhap news outlet reported.

Thu, 29 Mar 2018 08:34:59 GMT

Macron still plans to travel to Russia in May

The French President Emmanuel Macron is still planning to visit Moscow in May, as he seeks to maintain "frank" negotiations with Russia, despite the accusations of the nerve agent attack on ex-spy in Britain.

Thu, 29 Mar 2018 07:34:04 GMT

New Zealand not to allow entry to Russian diplomats

New Zealand made a decision to ban entry to Russia's diplomats expelled by New Zealand's allies in retaliation to the Salisbury nerve agent attack on the ex-Russian spy in Britain.

Thu, 29 Mar 2018 07:29:39 GMT

Fujifilm to acquire two JXTG's biotech units for $800M

Fujifilm Holdings is planning to acquire two biotech units from Japanese firm JXTG for around $800M, as it seeks to bolster its healthcare business.

Thu, 29 Mar 2018 06:35:55 GMT

Nissan unveils new Altima sedan on Wednesday

Japan's carmaker Nissan Motor launched its new Altima sedan on Wednesday along with demonstration of the car industry's problem to adjust new-model investments as fast to keep pace with consumer demand's shifts.

Thu, 29 Mar 2018 06:32:11 GMT

Chipmaker Nvidia claims Uber not using its drive technology

On Wednesday, the chipmaker's Nvidia CEO Jensen Huang stated that Ubed did not use its self-driving processing solution, adding that the ride-hailing firm developed its own drive technology.

Thu, 29 Mar 2018 04:29:35 GMT

Facebook to cease cooperation with data brokers

Facebook stated that it would cut partnerships with some large data brokers, which help advertisers to target people, following a scandal on how Facebook handled personal information.

Thu, 29 Mar 2018 04:25:21 GMT

UK car production falls last month

The UK car production decreased 4.4% in February amid the decline in domestic demand for the seventh month in succession, as sales in the car market continued to slump.

Thu, 29 Mar 2018 03:33:38 GMT

German FinMin aims to avoid diesel car ban

The German Finance Minister stated that the country must do all possible to avert bans on diesel cars, urging local communities and cities to increase investments in stations for charging electric vehicles.

Thu, 29 Mar 2018 03:30:02 GMT

China to target broad interest of US businesses in trade spat

The China Daily reported that China could target a range of the US businesses from aircraft to agriculture, semiconductors and autos, if its trade spat with the US escalates.

Thu, 29 Mar 2018 01:56:04 GMT

UK consumer sentiment improves but remains negative

Gfk NOP reported that its Consumer Confidence Index came in at -7 in March, following the preceding month's reading of -10.

Thu, 29 Mar 2018 01:53:24 GMT

Japanese retail sales grow less than expected last month

The METI reported on Thursday that retail sales grew 1.6% on an annual basis in February, after rising 1.5% in the prior month, while analysts anticipated an increase of 1.7%.

Wed, 28 Mar 2018 19:54:12 GMT

CME Group in negotiations to by NEX for $5.4B

CME Group, the US exchange operator, was in advanced negotiations to by British NEX Group for nearly $5.4B, aiming to create cross-border trading powerhouse.

Wed, 28 Mar 2018 19:54:02 GMT

BlackBerry reports stronger-than-anticipated profit

BlackBerry stated that the company's profit in the Q4 was stronger than analysts anticipated and announced expectations for stronger billings at services business and high-margin software.

Wed, 28 Mar 2018 19:11:43 GMT

US upbeat on quick NAFTA agreement, Canada more pessimistic

Robert Lightizer, the US Trade Representative, expressed optimism that negotiations to modify NAFTA would be wrapped up faster than expected, while Canada's top official was more pessimistic.

Wed, 28 Mar 2018 19:11:09 GMT

Amazon shares slide on Trump's aim to rein its power

Shares of Amazon.com fell 7.4%, wiping nearly $53.6B from the company's market value, after Axios stated that the US President is obsessed with the world's biggest retailer and aims to curb its growing power.

Wed, 28 Mar 2018 18:10:41 GMT

Russia to respond in kind to mass diplomat expulsions

On Wednesday, Russian authorities revealed that Moscow would respond in kind to West's mass expulsions of Russia's diplomats.

Wed, 28 Mar 2018 18:10:28 GMT

Peru's President to appoint opposition lawmaker as PM

According to sources familiar with the matter, the Peruvian President Martin Vizcarra is set to name an opposition lawmaker as the country's new PM.

Wed, 28 Mar 2018 17:03:26 GMT

VW uncovers prototype pickup truck

On Wednesday, Volkswagen uncovered a concept pickup truck at the NY auto show, filling a gap in the carmaker's US product line-up.

Wed, 28 Mar 2018 17:02:36 GMT

US crude oil supplies up 1.6M barrels last week

For the week ended 23 March, US crude oil inventories were up 1.6M barrels according to the data released by the Energy Information Administration.

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