News

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Thu, 31 Aug 2017 18:09:48 GMT

UN urges Iran to terminate prisoner hunger strike

On Thursday, the UN Special Rapporteur Asma Jahangir asked Iranian authorities to resolve a hunger strike initiated by 53 prisoners that protested against their conditions of detention.

Thu, 31 Aug 2017 17:02:43 GMT

Spain asks for fewer North Korean diplomats

The Spain's Foreign Ministry announced to ambassador of North Korea the condemnation of missile launches and requested a reduction in North Korea's diplomats in Madrid.

Thu, 31 Aug 2017 17:01:47 GMT

UK online betting firm 888 fined for failure to protect customers

The UK online betting business 888 was fined nearly $10M for failing to protect the company's vulnerable customers from addiction to gambling.

Thu, 31 Aug 2017 16:00:02 GMT

Big banks join project on digital cash settlement via blockchain

Six more big banks joined a UBS-led attemt to build digital cash system, which would let financial markets to settle transactions and make payments using blockchain technology.

Thu, 31 Aug 2017 15:58:08 GMT

Lyft extends ride-sharing service to additional 32 states

Ride services firm Lift announced that the company unveiled availability to 32 more states, aiming to get market share from its major rival Uber.

Thu, 31 Aug 2017 15:24:19 GMT

US pending home sales drop in July

The NAR reported that its Pending Home Sales Index for US edged 0.8% lower to a 109.1 figure, as property market remained in struggle with a lack of available properties.

Thu, 31 Aug 2017 15:23:37 GMT

Breit negotiations fail to shift to future ties

The UK exit talks with the European Union failed to make progress this week, which was needed to open negotiations on their further relationships in October.

Thu, 31 Aug 2017 14:18:12 GMT

Britain's May vows to contest next election

The UK PM Theresa May vowed that she sought to fight the next Parliamentary election presumed in 2022, dispelling expectations for her resignation straight after the Brexit in 2019.

Thu, 31 Aug 2017 14:00:15 GMT

Nestle closes skin health product plant in Switzerland

Nestle announced on Thursday it had shut down its Swiss factory of the skin health products amid a sharp slowdown in the business, phasing out about 190 jobs.

Thu, 31 Aug 2017 13:30:53 GMT

German aviation regulation to blame for Air Berlin fiasco

On Thursday, a German tourism trade body blamed the country's aviation regulation and taxes for the Air Berlin carrier failure, which had filed for bankruptcy protection earlier that month.

Thu, 31 Aug 2017 13:20:40 GMT

Japan and UK seek for trade deal shortly after Brexit

The British PM Theresa May confirmed that Japan had agreed on their trade deal to come into force straight after the UK's withdrawal from the European Union.

Thu, 31 Aug 2017 12:32:08 GMT

GE new CEO plans job cuts to lower costs

General Electric's new CEO John Flannery is preparing for a major downsizing amid the intention to reduce around $2B in spending and boost the company's profit.

Thu, 31 Aug 2017 12:17:56 GMT

Ryanair seeks to operate 90 Alitalia aircraft

The Ryanair CEO Michael O'Leary stated on Thursday that his Irish low-cost airline would bid to operate 90 Alitalia air planes together with the airline's existing staff amid the Italian company's restructuring.

Thu, 31 Aug 2017 11:15:22 GMT

China Communist Party's congress to start on Oct. 18

According to the Chinese state media, the country's ruling Communist Party is planning to hold a congress starting on October 18.

Thu, 31 Aug 2017 11:15:12 GMT

Magna promotes new self-driving car system

The car supplier Magna announced on Thursday it was developing a new system for carmakers to enable automotive vehicles to drive without requiring large rooftop sensors.

Thu, 31 Aug 2017 10:00:38 GMT

German Salzgitter set not to close US factories

Germany's steelmaker Salzgitter said that it was not planning to close is plants in the United States, where the company suffered from import duties.

Thu, 31 Aug 2017 10:00:03 GMT

Jimmy Choo reports almost three time higher profit in H1

Luxury shoemaker Jimmy Choo announced that the company's pretax profit almost tripled reaching £18.1M in the H1, supported by its licensing and retail businesses.

Thu, 31 Aug 2017 09:31:16 GMT

German automakers may face stiff cartel fines

VW, Audi, BMW, Mercedes-Benz and Porsche may face large cartel fines, in case Germany's antitrust regulators prove the collusion on prices and suppliers among the carmakers.

Thu, 31 Aug 2017 09:15:13 GMT

BAT triggers shake-up as e-cigarettes go mainstream

British American Tobacco reorganised its management structure after the Reynolds American claims to bring its heated tobacco and vaping products into the core business.

Thu, 31 Aug 2017 08:34:42 GMT

New Zealand to extradite man to China

On Thursday, the New Zealand court upheld the government's decision to extradite the country's resident Kyung Yup Kim to China to face charges against him as he was accused of murder.

Thu, 31 Aug 2017 08:26:58 GMT

LG Electronics launches new flagship phone version

The tech company LG Electronics launched on Thursday an upgraded version of its flagship smartphone named LG V30, implementing some new advanced camera and voice features into the device.

Thu, 31 Aug 2017 07:32:14 GMT

About 27,4K Rohingya Muslims flee into Bangladesh

The UN sources reported on Thursday that around 27,4K Rohingya Muslims fled to Bangladesh, trying to escape an outbreak of violance in Myanmar.

Thu, 31 Aug 2017 07:26:33 GMT

UK, Japan agree to mend security ties

On Thursday, Japan and Britain agreed on closer cooperation on cyber security, defence and counter-terrorism amid British PM Theresa May's intention to strengthen relations between the two allies.

Thu, 31 Aug 2017 06:34:19 GMT

UK assures Abe Brexit talks to be transparent

The Prime Minister of Japan Shinzo Abe received an official commitment from Britain that the Brexit negotiations will be transparent.

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