News

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Sun, 04 Mar 2018 08:50:31 GMT

378 ABLV Bank clients receive €5.9M in guaranteed deposits

Around €5.9M were paid out in guaranteed deposits for 378 ABLV Bank clients on Saturday, a spokeswoman for Citadele Bank Ieva Praulina told LETA.

Sun, 04 Mar 2018 08:50:21 GMT

China spends more on military equipment, soldier benefits

China's increased defence spending was intended to renew equipment and improve benefits for soldiers, a senior diplomat from National People's Congress said on Sunday.

Sun, 04 Mar 2018 08:37:47 GMT

China Unicom expects 178% surge in net income

The Chinese telecom giant China Unicom expects 178% surge in its net income for 2017, a company statement shows.

Sun, 04 Mar 2018 08:37:01 GMT

Russia's "Avangard" missiles enter production

Russia starts mass production of its "Avangard" missiles equipped with a hyper sonic glide vehicle, Russian media outlets report.

Sun, 04 Mar 2018 07:36:12 GMT

Spokesman: cooperation is the only option for China and US

China and the United States share a lot of mutual benefits and cooperation is the only option for both nations, a former Chinese ambassador to the United States says.

Sun, 04 Mar 2018 07:34:12 GMT

South Korean envoy to visit DPRK

The South Korean President Moon Jae-in plans to send a special envoy to visit the Democratic People's Republic of Korea on March 5.

Sun, 04 Mar 2018 06:32:03 GMT

Saudi Crown Prince to visit Egypt

The Saudi Crown Prince Mohammed bin Salman plans to visit Egypt on Sunday for the first time since becoming a crown prince, Al Arabiya reports.

Sun, 04 Mar 2018 06:30:46 GMT

Egypt's president claims "strategic partnership" with Huawei

Egypt launches a strategic partnership with China's corporation Huawei, the Egyptian President Abdel-Fattah al-Sisi says.

Sun, 04 Mar 2018 05:30:17 GMT

Iran defends missile program

Defence program is the basic right of any nation, including Iran, a Senior Adviser to Iran's Supreme Leader says.

Sun, 04 Mar 2018 05:29:22 GMT

Morocco forex reserves decline 6%

Morocco's foreign exchange reserves declined 5.9% to $25.4B in February, compared to the same period the previous year.

Sun, 04 Mar 2018 04:22:21 GMT

Hyundai warns tariffs likely to threaten US production

South Korea's automaker Hyundai Motor is set to rethink how many cars it builds in the US, warning that tariffs may negatively impact the company's US production.

Sun, 04 Mar 2018 04:21:29 GMT

Axa in talks to buy XL Group

Axa was in advanced negotiations to buy the US casualty and property insurer XL Group with a $11B market value, sources familiar with the matter stated.

Sun, 04 Mar 2018 03:34:37 GMT

UK business expansion gauge at two-year high

Britain's businesses expanded at the strongest pace in two years in the three month period ending in February, despite unclarities surrounding Brexit, the CBI stated.

Sun, 04 Mar 2018 03:34:11 GMT

Trump urges to tax EU auto imports

The US President Donald Trump threatened to implement taxes on autos imported from the European Union, if the bloc's retailers are against tariffs on aluminium and steel.

Sat, 03 Mar 2018 21:01:02 GMT

Iraqi parliament adopts new budget

The Parliament of Iraq adopted the budged of $88B with a deficit of $10.58 on Saturday despite a boycott organized by Kurdish lawmakers.

Sat, 03 Mar 2018 21:00:55 GMT

US threatens to tax EU auto imports

The US President Donald Trump threatened on Saturday to impose a tax on European car imports if the European Union raises tariffs on American steel and aluminium.

Sat, 03 Mar 2018 20:01:19 GMT

President Kabore calls collaboration with armed forces

The President of Burkina Faso Roch Kabore urged citizens on Saturday to cooperate more closely with security forces. The call came a day after attack on French embassy that resulted in death of 16 people.

Sat, 03 Mar 2018 20:01:09 GMT

JNIM claims responsibility for attack on French embassy

According to the Alakhbar news agency, one of local al Qaeda's affiliates Jama'a Nusrat ul-Islam wa al-Muslimin (JNIM) took responsibility for attack on French embassy in Burkina Faso's capital Ouagadougou.

Sat, 03 Mar 2018 18:50:39 GMT

Iran asks Europe, US to scrap nuclear weapons, missiles

Iran would continue negotiations over its missile program only if Europe and the US surrendered their nuclear weapons, a spokesman of Iran's Armed Forces said on Saturday.

Sat, 03 Mar 2018 18:50:26 GMT

Exxon Mobil to provide $1M for earthquake victims in Papua New Guinea

The US-based oil company Exxon Mobil Corporation will donate $1M for the humanitarian assistance to earthquake victims in Papua New Guinea.

Sat, 03 Mar 2018 17:56:14 GMT

Russia's Novak confirms EU gas transit via Ukraine under no threat

The Russian Energy Minister Alexander Novak assured on Saturday that the natural gas transit to Europe via Ukraine was not under threat.

Sat, 03 Mar 2018 17:55:45 GMT

Peskov considers extended US sanctions on Russia as ‘unlawful'

Dmitry Peskov, a spokesman for the Russian President Vladimir Putin, said on Saturday that the extended US sanctions over Russia's activity in Ukraine were ‘unlawful'.

Sat, 03 Mar 2018 17:02:39 GMT

Media: Pakistan's PML-N wins most seats in Senate

The Pakistani ruling party Pakistan Muslim League-Nawaz won 15 of the 52 seats in Senate on Saturday, thus becoming the largest party in the parliament's upper house.

Sat, 03 Mar 2018 16:52:16 GMT

Chile's President-Elect to present pension reform in first half of 2018

The Chilean President-Elect Sebastian Pinera is set to introduce his reform proposal for the country's pension system during the first half of 2018.

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