News

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Fri, 16 Jun 2017 19:56:14 GMT

Kremlin takes negative view of new US sanctions

The Kremlin revealed its negative view of the freshly proposed US sanctions against Russia and expected them to harm other countries, which should adhere to these sanctions.

Fri, 16 Jun 2017 19:55:34 GMT

Fed's Kaplan urges for more global integration

Dallas Fed President Robert Kaplan urged again for trade with Mexico, immigration reform and more global integration as methods to boost US economic growth.

Fri, 16 Jun 2017 19:17:28 GMT

Rolls-Royce sees market demand for new mid-priced jet

Rolls Royce executive said that company believes there is demand for a new mid-market jet such as the one currently explored by Boeing and sees opportunity to work together on it.

Fri, 16 Jun 2017 19:15:43 GMT

GM to open production facility in Arlington

US automaker General Motors is expected to open production facility at its assembly plant in Arlington, creating more than 850 new jobs.

Fri, 16 Jun 2017 18:04:22 GMT

US consumer sentiment drops to 94.5 in June

Preliminary data from the University of Michigan showed that the US consumer sentiment declined unexpectedly to 94.5 in June, reducing optimism over the US economic outlook.

Fri, 16 Jun 2017 18:03:32 GMT

US new-home construction falls to eight-month low in May

The Commerce Department report showed that US housing starts dropped 5.5% to an annualised rate of 1.09M units in May, the weakest figure since September 2016.

Fri, 16 Jun 2017 17:15:30 GMT

Saudi Arabia prepares a list of complaints against Qatar

Adel al-Jubeir, the Saudi Minister of Foreign Affairs, said that he and his colleagues from the UAE, Bahrain and Egypt are working on a list of "grievances" that will be send to Qatar and that it should address. 

Fri, 16 Jun 2017 17:01:47 GMT

Germany threatens US over new Russian sanctions

Brigitte Zypries, the German Economy Minister, said that Germany will retaliate if the US Congress adopts new sanctions against Russia, which envisage various forms of punishment for companies participating in joint energy projects with Russia. 

Fri, 16 Jun 2017 16:02:28 GMT

Hammond hopes for "pragmatic" Brexit

The British Chancellor of the Exchequer Philip Hammond said on Friday that the UK should behave pragmatically during the Brexit negotiations and actively cooperate with the European Union to find a mutually acceptable solution.

Fri, 16 Jun 2017 15:44:28 GMT

Helmut Kohl dies at 87

Helmut Kohl, the former Chancellor of Germany from 1982 to 1998, died at the age of 87, the Bild announced on Friday. 

Fri, 16 Jun 2017 15:15:18 GMT

Queen Elizabeth meets with volunteers and rescuers

On Friday, Queen Elizabeth and Prince William visited the Westway Sports Center to meet with rescuers and volunteers that help the London tower block fire's victims. 

Fri, 16 Jun 2017 15:14:31 GMT

Apple hires top two TV executives

On Friday, the Apple Inc. announced that it has hired Jamie Erlicht and Zack Van Amburg, the presidents of Sony Pictures Television, to help the company to conquer the TV show market and, thus, create a competition to the Netflix and Time Warner Inc.

Fri, 16 Jun 2017 14:32:35 GMT

Amazon to close $13.7B acquisition deal with Whole Foods

On Friday, Amazon announced about it plans to buy the US organic supermarket chain Whole Foods for the price of $13.7B, as the online retailer seeks to conquer new territory in the supermarket aisle.

Fri, 16 Jun 2017 14:17:44 GMT

US Pence hires lawyer for probes over Russia-Trump ties

The US Vice President Mike Pence hired his own lawyer amid the necessity of assistance with the probes over the alleged role of Russia into the US President Donald Trump 2016 election campaign.

Fri, 16 Jun 2017 13:30:06 GMT

Kremlin refuses to comment on IS leader deemed death

On Friday, the Kremlin spokesman declined to comment on whether the ISIS leader Abu Bakr al-Baghdadi was killed by the Russian military in the Syrian city of Raqqa.

Fri, 16 Jun 2017 13:19:27 GMT

Germany's budget committee to debate over Greek compromise deal

The German budget committee is planning to hold the debates over the compromise settlement for Greece on June 21, Reuters has reported this Friday.

Fri, 16 Jun 2017 12:34:15 GMT

Fiat Chrysler diesel woes not to affect its 2018 business targets

On Friday, the CEO of Fiat Chrysler stated that the company's diesel woes in the US would not have any impact on its 2018 business targets.

Fri, 16 Jun 2017 12:22:07 GMT

London tower block fire death toll surges to 30

The number of London high-rise block blaze casualties has risen to no less than 30 and the figure is expected to climb, while the police are looking into a possibility of criminal offence committed.

Fri, 16 Jun 2017 11:10:10 GMT

ISIS leader Baghdadi likely killed in Syria's Raqqa

On Friday, the Russian military was believed to kill the Islamic State leader Abu Bakr al-Baghdadi in an air strike during a meeting of the ISIS group's leaders in the Syria's Raqqa city.

Fri, 16 Jun 2017 11:09:44 GMT

China's kindergarten attacker appears to have neurological disorder

The Chinese officials reported on Friday that the kindergarten blast attacker, who left eight people dead and 65 injured, appeared to have a neurological disorder.

Fri, 16 Jun 2017 10:15:47 GMT

Italian trade surplus narrows less than expected in April

On Friday, Istat reported that the Italian trade surplus narrowed to 3.60B euros in April, compared to the prior month's surplus of 5.31B euros, while analysts anticipated a steeper narrowing to 3.41B euros.

Fri, 16 Jun 2017 10:11:52 GMT

Consumer prices in Euro zone advance 1.4% in May

Eurostat reported on Friday that its Consumer Price Index for the Euro zone rose 1.4% last month after surging 1.9% in April.

Fri, 16 Jun 2017 09:18:56 GMT

PM May criticised for disrespect towards London blaze survivors

The British PM Theresa May was sharply criticised for not meeting the London tower block fire's survivors, escalating the situation as she tried to stay in power after majority lose in the June 8 election.

Fri, 16 Jun 2017 08:57:56 GMT

EU car sales recover in May

The European vehicle sales surged 7.7% in May, showing a solid growth after April's dip that was led by the Japan carmakers Suzuki and Toyota with 21.4% and 19.6% up respectively.

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