News

Note: This section contains information in English only.
Wed, 21 Mar 2018 03:36:40 GMT

MI Leading Index rebounds last month

The Melbourne Institute reported on Wednesday that its Leading Index for the national economy rose 0.3% in February, after dropping 0.3% in the preceding month.

Tue, 20 Mar 2018 20:51:48 GMT

US lawmakers will meet Facebook representatives

US Senate and House aides are set to be briefed by Facebook representatives on Wednesday, congressional representatives reported.

Tue, 20 Mar 2018 20:51:40 GMT

Facebook stock ends day with additional losses

As Tuesday's trading session ended, the stock of Facebook Inc. had booked a 2.5% decline.

Tue, 20 Mar 2018 20:05:47 GMT

US government reveals issue in Time Warner and AT&T deal

Government lawyers, who are reviewing the Time Warner and AT&T acquisition deal, have revealed that the main argument against the deal is that AT&T would raise consumer prices.

Tue, 20 Mar 2018 20:05:09 GMT

Democrats want Zuckerberg to testify

The top Democrat of the Judiciary Committee of the US Senate Dianne Feinstein on Tuesday announced that Mark Zuckerberg should be called in to testify before Congress.

Tue, 20 Mar 2018 18:56:59 GMT

Europeans still see obstacles in Mercosur

European Union officials recently revealed that there are still large obstacles in the talks to establish the EU and South American trade union Mercosur.

Tue, 20 Mar 2018 18:56:13 GMT

Toyota stops self-driving car tests

Toyota Motors on Tuesday announced that the company will stop self-driving car tests. The announcement came after an accident occurred during a test in Arizona.

Tue, 20 Mar 2018 17:53:00 GMT

Facebook shares continue to plummet

The shares of Facebook Inc. continued to fall in Tuesday's trading as the markets where selling the stock due to the caused outcry about the breach of the company's data policies.

Tue, 20 Mar 2018 17:52:46 GMT

Salesforce wants to acquire MuleSoft

Representatives of Salesforce.com Inc. have begun advance talks with the software company MuleSoft Inc. about a possible acquisition.

Tue, 20 Mar 2018 16:50:32 GMT

EU regulator gets interested into Facebook breach

The leading regulator of Facebook in Europe, the Irish Data Protection Commissioner, has announced that the office of the Commissioner has started to monitor the Facebook breach situation.

Tue, 20 Mar 2018 16:50:16 GMT

Orbitz client data gets compromised

The subsidiary of the travel agency Expedia on Tuesday announced that the data of nearly 880,000 payment cards might have gotten into the hands of hackers.

Tue, 20 Mar 2018 15:55:36 GMT

University of Cambridge investigates Facebook breach

The University of Cambridge is investigating whether the academic Alex Kogan did or did not use any university assets for the violation of Facebook rules.

Tue, 20 Mar 2018 15:55:04 GMT

White House welcomes inquiries into Trump's consultants

The White House has announced that the President of United States welcomes any investigations into the Cambridge Analytica use of Facebook data.

Tue, 20 Mar 2018 15:27:05 GMT

General Dynamics raises bid for CSRA to $9.7B

The US defence contractor General Dynamics stated it had lifted its offer for the smaller sector peer CSRA to $9.7B, in its efforts to exceed CACI International's bid.

Tue, 20 Mar 2018 15:11:36 GMT

Egypt Court to suspend Careem, Uber licenses

On Tuesday, Egypt's Court urged the ride-hailing firms Careem and Uber to halt their services in Egypt amid the licences suspicion order as both companies are pending a lawsuit filed by the country's taxi drivers.

Tue, 20 Mar 2018 14:27:41 GMT

Musk in talks over collaboration with Israel's AI firm Cortica

Elon Musk travelled to Israel for discussions over the cooperation between his e-vehicle company Tesla and the Israeli AI firm Cortica, according to the Globes financial news outlet.

Tue, 20 Mar 2018 14:18:03 GMT

BlackBerry's shares surge amid security deal with Microsoft

On Tuesday, shares of BlackBerry were up 4%, following the announcement that the company would provide software security for Microsoft's Office apps.

Tue, 20 Mar 2018 13:34:19 GMT

Pratt & Whitney to launch spare engine deliveries to IndiGo

Pratt & Whitney is set to launch deliveries of the spare engines to India's airline IndiGo, after it had been forced to ground its eight Airbus A320neo jets amid engine issues.

Tue, 20 Mar 2018 13:29:08 GMT

FedEx to expand retail business by adding new outlets

FedEx Office is planning to add 500 new outlets in Walmart amid company's planned expansion in the United States within the next two years.

Tue, 20 Mar 2018 11:56:48 GMT

EU to hold 2019 Parliament election on May 26

On Tuesday, the European Union governments agreed the next Parliament election is set to be held in the most countries on May 26 next year.

Tue, 20 Mar 2018 11:56:35 GMT

Serbia's PM threatens to quit amid colleagues' personal vanities

Serbia's Prime Minister Ana Brnabic stated she would step down from the country's coalition government, in case "personal vanities" of her colleagues were not set aside.

Tue, 20 Mar 2018 11:19:32 GMT

German ZEW economic sentiment slumps in March

ZEW reported that its economic sentiment for Germany slid to 5.1 points in March, a significant drop from 17.8-point reading registered in the preceding month.

Tue, 20 Mar 2018 11:18:17 GMT

UK February CPI disappoints

The Office for National Statistics reported on Tuesday that the UK CPI came in at 2.7% growth rate for the month of February, missing analysts' expectations for a 2.8% reading.

Tue, 20 Mar 2018 11:11:48 GMT

Shares of Hasbro, Mattel fall due to possible Toys ‘R' Us liquidation

The shares the two largest US toymakers Hasbro Inc and Mattel Inc fell on Friday, following a report that their major customer Toys ‘R' Us Inc was preparing for liquidation.

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