News

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Thu, 03 Aug 2017 03:57:37 GMT

Amazon to open warehouse in Melbourne, bring hundreds of jobs

Amazon announced that its decision to open fulfillment center in Melbourne, which is likely to create hundreds of new jobs and provide opportunities for local businesses.

Thu, 03 Aug 2017 02:53:03 GMT

US sets travel ban on North Korea

The ban restricting visits to North Korea is set to take effect on September 1st and all Americans were asked to leave the country before that date, the US State Department revealed.

Thu, 03 Aug 2017 02:10:53 GMT

Fed's Williams supports trimming bank's portfolio in Autumn

The US economy is expected to show enough strenght for the Fed to let the bank to start trimming bond holdings in September, Fed's John Williams stated.

Thu, 03 Aug 2017 02:08:48 GMT

Germany to upgrade 5.3M cars to curb pollution

German automakers and politicians reached an agreement to upgrade and install new software in some 5.3M diesel cars in attempt to curb pollution.

Thu, 03 Aug 2017 02:08:05 GMT

China issues rules to lower overseas investment risks

Chinese finance ministry issued rules on state-owned enterprises' overseas investment within a campaign tightening controls on financial risks.

Wed, 02 Aug 2017 19:52:05 GMT

Two sunbathers die as plane makes emergency landing on Portuguese beach

Two sunbathers were killed after a light plane crash landed on a beach near Lisbon, Portuguese authorities reported on Wednesday.

Wed, 02 Aug 2017 19:51:48 GMT

Russia says US sanctions change nothing in Moscow

The Russian Ambassador to the UN said on Wednesday that new anti-Russian sanctions signed into law by Donald Trump, would change nothing in country's policies.

Wed, 02 Aug 2017 19:00:39 GMT

Republicans urge Trump to continue with CSR

Republicans are calling on the US President Administration to continue with CSR payments, in order to prevent destabilization in the health insurance market.

Wed, 02 Aug 2017 19:00:26 GMT

Trump signs sanctions bill over Russia

The US President Donald Trump eventually signed legislation that levies new sanctions against Russia, the White House reported on Wednesday.

Wed, 02 Aug 2017 18:16:41 GMT

Qatar reverses plans to buy stake in American Airlines

Qatar Airways decided to abandon its plan to acquire a stake in American Airlines, indicating that buying as much as 10% in the USA's biggest airline no longer met their objectives.

Wed, 02 Aug 2017 18:16:30 GMT

Taliban attack kills two US troops in Afghanistan

The Pentagon reported on Wednesday that two US troops were killed after a suicide bombing attack on a NATO convoy near Kandahar province in Afghanistan.

Wed, 02 Aug 2017 16:57:04 GMT

Erdogan replaces heads of Turkish Armed Forces

The Turkish President Tayyip Erdogan has replaced the heads of the Turkish Armed Forces that consist of land, naval and air forces.

Wed, 02 Aug 2017 16:56:02 GMT

Apple helps Dow Jones to pass 22,000 mark

Apple's stronger-than-expected quarterly figures pushed iPhone's shares to a record high, helping the Dow Jones Industrial Average Index to pass the 22,000-point mark.

Wed, 02 Aug 2017 16:06:22 GMT

Hasbro ends acquisition talks with Lionsgate Entertainment

Sources close to the matter reported that Hasbro, the third largest toy maker in the world, ended talks to buy Lionsgate Entertainment, an American entertainment and media company.

Wed, 02 Aug 2017 16:05:31 GMT

US crude stockpiles drop less than expected last week

The EIA reported that US crude oil inventories dropped 1.5M barrels in the week ended July 28, compared to the prior week's plunge of 7.2M barrels, while analysts anticipated a 3.2M-barrel decline.

Wed, 02 Aug 2017 15:12:39 GMT

US private companies create 178K new jobs in July

ADP reported on Wednesday that US private companies created 178K new jobs last month, following June's upwardly revised gain of 191K, whereas analysts expected the US private sector to add 187K new positions.

Wed, 02 Aug 2017 15:11:54 GMT

British construction activity falls more than expected last month

Markit reported that its PMI for the UK construction sector dropped to 51.9 in July, down from the preceding month's 54.8, whereas analysts anticipated a slighter fall to 54.3.

Wed, 02 Aug 2017 14:12:15 GMT

Fast food restaurants beat profit estimates

The mother company of Tim Hortons and Burger King Restaurant Brands International has booked a $1.13 billion profit in the second quarter of 2017.

Wed, 02 Aug 2017 14:11:48 GMT

Russian losses in Syria are revealed

Officially ten Russian servicemen have died in Syria in 2017. However, based on accounts of other sources, Reuters has announced that the real number is near 40.

Wed, 02 Aug 2017 13:04:07 GMT

Austria opens inquiry into two firms linked to VW scandal

Austria launched an investigation into two companies amid suspicion of fraud, financial crimes and environmental offences related to the Volkswagen's emissions scandal.

Wed, 02 Aug 2017 12:53:19 GMT

Kremlin finds Wight House statements on sanctions dissonant

The Kremlin said the Washington's statements on new sanctions against Russia were contradictory and it was unclear whether the President Donald Trump would sign them into law.

Wed, 02 Aug 2017 12:22:13 GMT

Three missing after tour ship sinks off Turkish Mediterranean coast

Three people got missing after a tour boat named Anemore sank off the Turkish province's coast of Mugla in the Mediterranean on Wednesday, while the rest eight people had been rescued.

Wed, 02 Aug 2017 12:00:35 GMT

Germany's ministers, automakers to meet over pollution issue

On Wednesday, Germany's ministers and carmakers will hold a meeting to find ways to tackle inner-city pollution and prevent bans on diesel vehicles as they seek to restore tarnished reputation of the German car industry.

Wed, 02 Aug 2017 11:15:02 GMT

UK Prince Philip to make final solo appearance on Wednesday

Britain's Prince Philip is set for his final solo appearance at Buckingham Palace's parade of Royal Marines on Wednesday ahead of his retirement from public life.

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