News

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Tue, 25 Apr 2017 16:02:13 GMT

S&P/CS 20-city composite HPI soars 5.9%

An S&P report released on Tuesday suggested the S&P/CS 20-city composite HPI surged to a seasonally adjusted yearly rate of 5.9%.

Tue, 25 Apr 2017 15:11:37 GMT

US house prices up 0.8% in February

Data released by the Federal Housing Finance Agency on Tuesday revealed the US House Price Index rose 0.8% over the month of February.

Tue, 25 Apr 2017 15:11:06 GMT

NBB business sentiment recovers in April

The National Bank of Belgium reported its business confidence improved moderately in April, being supported by an uptick in the manufacturing sector, trade and building industry.

Tue, 25 Apr 2017 14:30:28 GMT

US former officials to testify on Russian probe

According to the US Judiciary Committee, two ex-officials James Clapper and Sally Yates will testify at the Senate hearing on Russian probe next month regarding its role in the 2016 election hacking.

Tue, 25 Apr 2017 14:14:08 GMT

Three men imprisoned for rape broadcast live on Facebook

On Tuesday, the Court of Sweden sentenced three men up to 2.5 years in prison for the broadcast of woman's rape live on Facebook.

Tue, 25 Apr 2017 13:32:37 GMT

Swedish mobile operators put under investigation over abuse

The European Union probes the Swedish mobile network operators over the potential market position abuse or some practices used aimed at blocking the competitors to enter the market.

Tue, 25 Apr 2017 13:22:42 GMT

Japan State Minister to quit after disregarding Fukushima

The Japanese State Minister in charge of Reconstruction Masahiro Imamura is eager to quit after his disregarding comments over Fukushima as he considered it a better option for the earthquake disaster that hit in 2011 than Tokyo.

Tue, 25 Apr 2017 12:34:27 GMT

Greece issues order against Turkish soldiers' extradition

On Tuesday, the Greek Court issued an order against the extradition of the three Turkish soldiers fled away to Greece in July 2016.

Tue, 25 Apr 2017 12:23:23 GMT

Netflix enters Chinese market amid deal with iQiyi.com

Netflix clinched a licensing deal with the one of the China's largest streaming service iQiyi.com with intention to introduce its content to the Chinese market.

Tue, 25 Apr 2017 11:34:07 GMT

Drugmaker Eli Lilly reports 7.5% rise in revenue

The Eli Lilly drugmaker posted strong quarterly results showing its earnings surged 7.5% amid growing demand for its psoriasis drug Taltz and diabetes treatment Trulicity.

Tue, 25 Apr 2017 11:21:15 GMT

Russia to provide breakaway Luhansk with power

Russia is eager to provide the breakaway region of Ukraine Luhansk with power as Kiev cut off its power supply, Interfax news outlet reported on Tuesday.

Tue, 25 Apr 2017 10:07:08 GMT

Germany increases growth forecast

The German government has increased the forecast of the growth of the country for this year to 1.5%. The reason for that is the increased optimism about an increase in the global demand.

Tue, 25 Apr 2017 10:06:27 GMT

China will have "prudent" monetary policy

The politburo of the People's Republic of China has announced that the country officials will continue to have a "prudent" monetary policy.

Tue, 25 Apr 2017 09:24:42 GMT

Boeing to launch 737-10 aircraft's larger version

Boeing is moving towards a decision to introduce its 737 passenger aircraft's larger version with intention to beat the Airbus A321neo strong sales.

Tue, 25 Apr 2017 09:16:39 GMT

Spanish policemen detain eight suspects in IS terrorist activity

On Tuesday, the Spanish police officers arrested eight Moroccan people in connection with the Islamist militant activity and raided 12 sites in Barcelona.

Tue, 25 Apr 2017 08:33:51 GMT

Hungarian pensioners to receive special bonus

Hungary may flag a pre-election bonus for pensioners at the end of 2017, if the GDP growth exceeds 3.5% and the budget deficit can be kept under control.

Tue, 25 Apr 2017 08:22:00 GMT

Mitsubishi unlikely to merge with Nissan

The chairman of the two Japanese automakers Carlos Ghosn stated he sought Mitsubishi to reform itself and a full merger with Nissan is unlikely to happen, except companies' cross-manufacturing in special cases.

Tue, 25 Apr 2017 07:33:03 GMT

Waymo to test-drive its autonomous car service in Arizona

According to the Alphabet statement on Tuesday, its affiliated company Waymo is eager to start testing its new autonomous vehicle ride service for dozens of families in Arizona's city of Phoenix.

Tue, 25 Apr 2017 07:24:43 GMT

Hungary charges ruling party lawmakers with graft

On Tuesday, the prosecution of Hungary stated it had charged Roland Mengyi, a lawmaker of the ruling Fidesz party, together with six others with a public funds misappropriation attempt and power abuse of the office.

Tue, 25 Apr 2017 06:34:28 GMT

IBM to tie-up with ABB on new artificial intelligence technology

On Tuesday, the ABB stated it had agreed to collaborate with IBM on the new artificial intelligence technology to be featured in IBM's Watson data analytics software.

Tue, 25 Apr 2017 06:21:30 GMT

China aims at 35M auto sales by 2025

According to the Chinese industry ministry, the country aims to reach 35M of auto sales by 2025 and seeks NEVs to account for 20% of that total.

Tue, 25 Apr 2017 05:04:29 GMT

Wells Fargo shareholders set to vote on Tuesday

The shareholders of Wells Fargo are set to vote on the leadership of the bank, which may cause changes in the bank, as many directors have been criticized for their actions during the latest scandal.

Tue, 25 Apr 2017 05:03:33 GMT

Fourth week of unrest begins in Venezuela

Anti-government protests in Venezuela marked the fourth week with more deaths. Two people have been killed by gunmen on Monday in Venezuela, which brings the total casualty number to 12.

Tue, 25 Apr 2017 04:19:25 GMT

China sets ambitious vehicle production goal

The industry ministry of the People's Republic of China has announced that it wants its annual new energy vehicle production to reach two million by the year of 2020.

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