News

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Wed, 07 Mar 2018 10:30:09 GMT

RBS achieves $500M settlement with NY State

Royal Bank of Scotland reached a $500M settlement with the State of New York over the sold mortgage securities, which contributed to the global financial crisis in 2008.

Wed, 07 Mar 2018 10:14:08 GMT

Erdogan, Putin in talks over Syrian Eastern Ghouta

The leaders of Russia and Turkey Vladimir Putin and Tayyip Erdogan were discussing Syria's situation in the Eastern Ghouta and Turkish operation in Afrin during their phone call.

Wed, 07 Mar 2018 09:33:34 GMT

President Trump to appoint new Chief Economic Adviser

The US President Donald Trump is set to appoint new Chief Economic Adviser any time soon to replace Gary Cohn, who has recently announced his resignation.

Wed, 07 Mar 2018 09:31:53 GMT

Berlusconi to back League leader to form government

The former Italian Prime Minister Silvio Berlusconi stated on Wednesday he would support the League eurosceptic partner's leader amid his intention to form a government.

Wed, 07 Mar 2018 08:09:36 GMT

Venezuela to start auctioning its cryptocurrency via Dicom

On Tuesday, the Venezuelan Vice President Tareck El Aissami announced the country would sell its petro cryptocurrency to private firms via the Dicom forex platform in the coming weeks.

Wed, 07 Mar 2018 08:04:54 GMT

Trump's tariffs to barely lift Boeing's prices

According to aerospace analysts, the President Donald Trump's tariffs on imported aluminium and steel would barely raise the price of Boeing's jetliner or fighter aircraft, but could hurt the planemaker's sales.

Wed, 07 Mar 2018 07:35:46 GMT

Kushner to meet Mexican President Pena Nieto

Jared Kushner, the US Senior Adviser to the President Donald Trump, is set to meet the President of Mexico Enrique Pena Nieto on Wednesday, following tensions over trade and the border wall.

Wed, 07 Mar 2018 07:30:00 GMT

Greek taxi drivers stage out protest against Uber

On Tuesday, hundreds of the Greek taxi drivers staged out protest in Athens against the ride-hailing service Uber, arguing the taxi app "invaded" the country, seizing their business.

Wed, 07 Mar 2018 05:50:20 GMT

Stocks plummet after close of trading

Global stock values fell on Wednesday with most US stocks losing near 2% of their value in the aftermarket trading. The reason was the resignation of a White House free trade advocate.

Wed, 07 Mar 2018 05:50:14 GMT

Chinese Finance Minister expresses confidence

The Finance Minister of China Xiao Jie on Wednesday announced that he has full confidence that China can fend off the large systemic debt risks of the country.

Wed, 07 Mar 2018 05:31:04 GMT

German car makers move ahead in South Korea

Both Mercedes and BMW have outsold General Motors in the South Korean market for the first time.

Wed, 07 Mar 2018 05:30:34 GMT

Japan's ruling party speaks out about fiscal policy

The head of the ruling Liberal Democratic Party of Japan Fumio Kishida has stated that the government needs to finally announce when a budget surplus would be achieved.

Wed, 07 Mar 2018 04:32:11 GMT

Toyota, Kobe Steel hit with lawsuit on car metal quality

The US consumers filed a lawsuit against Toyota Motor and Kobe Steel accusing the companies of engaging in fraud by withholding the vehicle metal component quality.

Wed, 07 Mar 2018 04:31:45 GMT

BlackBerry sues Instagram, WhatsApp, Facebook on patient infringement

BlackBerry filed a lawsuit on patent infringement against Facebook and its Instagram and WhatsApp applications, arguing that features and technologies from BlackBerry Messenger were copied.

Tue, 06 Mar 2018 20:59:23 GMT

Argentinian legislators present bill to legalise abortion

On Tuesday, dozens of Argentinian legislators introduced a bill to legalise abortion, opening a debate that would likely divide a Catholic nation.

Tue, 06 Mar 2018 20:57:15 GMT

Qualcomm in talks to settle patent dispute with Huawei

Media sources reported on Tuesday that Qualcomm, a US microchip giant, was in talks to settle a patent-royalty dispute with Huawei Technologies.

Tue, 06 Mar 2018 20:55:46 GMT

Argentinian legislators present bill to legalise abortion

On Tuesday, dozens of Argentinian legislators introduced to legalise abortion, opening a debate that would likely divide a Catholic nation.

Tue, 06 Mar 2018 20:13:08 GMT

Top US Senate official says Trump metal tariffs could trigger trade war

The Senate Majority Leader Mitch McConnell stated on Tuesday that the US President Donald Trump's tariffs on steel and aluminium could lead to a trade war and hurt the national economy.

Tue, 06 Mar 2018 19:59:58 GMT

Trump sees ‘possible progress' on Korean Peninsula

On Tuesday, the US President Donald Trump said he saw signs of "possible progress" on the Korean Peninsula after North Korea signalled it was willing to talk to the US.

Tue, 06 Mar 2018 19:22:02 GMT

VW Trucks workers to support IPO only if it protects their rights

On Tuesday, Volkswagen Trucks labour union leaders claimed that Volkswagen workers are ready to back the possible IPO only in case if it will help to protect workers rights.

Tue, 06 Mar 2018 19:05:16 GMT

EU close to finalise Brexit deal on citizen's rights

On Tuesday, the European Union's chief Brexit negotiator Guy Verhofstadt claimed that the UK and the EU are close to finalise the deal regarding the rights of EU citizens staying in the UK after Brexit.

Tue, 06 Mar 2018 18:24:09 GMT

BMW to develop next generation of EV Mini in China

On Tuesday, the BMW board member Peter Schwarzenbauer stated that research, technological development and production of the next generation of electric Mini will happen in China.

Tue, 06 Mar 2018 18:07:36 GMT

Russian cargo plane crashed in Syria

According to the Russian Ministry of Defence, Russian military transport plane An-26 crashed at the Russian Khmeimim military base in Syrian province Latakia, killing 39 people aboard.

Tue, 06 Mar 2018 16:52:44 GMT

France may probe Facebook, Google on online advertising dominance

The French competition authority is likely to open investigations into Google and Facebook, as the regulator concluded that the pair dominate France's online advertising market.

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