News

Note: This section contains information in English only.
Sun, 29 Jul 2018 12:54:48 GMT

Iraqi PM dismisses Electricity Ministry due to protests

On Sunday, Iraq's Prime Minister Haider al-Abadi dismissed the Electricity Minister amid the unrest triggered by poor public services, such as rampant corruption and power cuts.

Sun, 29 Jul 2018 12:03:14 GMT

Merkel's Conservatives support falls to its lowest since 2006

According to a poll published on Sunday, a support for the German Chancellor Angela Merkel's Conservatives dropped to its 12-year low to 29%, compared to 33% in September's election.

Sun, 29 Jul 2018 11:54:39 GMT

GVC Holdings launches joint negotiations with MGM Resorts

GVC Holdings, the British betting group, announced this Saturday it was holding advanced talks with the US casino and hotel operator MGM Resorts over a joint venture.

Sun, 29 Jul 2018 11:18:39 GMT

Interactive Brokers seeks lifting margin requirements for Tesla

Interactive Brokers Group stated it would raise margin requirements for customers making Tesla bets amid recent volatility in Elon Musk's e-car company shares.

Sun, 29 Jul 2018 11:13:49 GMT

YouTube creates original programing in Japan, EU, Mexico and India

YouTube's Senior Executive announced its video service platform is working on original programing, such as scripted series and others, for the international markets, including Japan, India, Mexico, France and Germany.

Sun, 29 Jul 2018 10:37:06 GMT

IBM gets $83M from Groupon in patent dispute

International Business Machines has won $83M on Friday from the e-commerce company Groupon in their Internet patent dispute, claiming it had used IBM's patented technology with no authorisation.

Sun, 29 Jul 2018 10:32:59 GMT

Germany's Voith to establish rail JV with CRRC

Voith, Germany's mechanical engineering conglomerate, is planning to form a rail joint venture with the Chinese rolling stock maker CRRC, the German newspaper Welt am Sonntag reported.

Sun, 29 Jul 2018 08:56:46 GMT

Tyson Foods considers buying Keystone from Marfrig

Tyson Foods is in negotiations with the Brazilian firm Marfrig Global Foods to acquire McDonald's US chicken supplier Keystone Foods, sources reported.

Sun, 29 Jul 2018 08:40:03 GMT

Disney, Fox shareholders give nod to entertainment assets deal

Shareholders of Walt Disney and 21st Century Fox approved on Friday Disney's $71B buyout of the Fox television and film assets.

Sun, 29 Jul 2018 08:37:26 GMT

NY state revokes Charter-Time Warner Cable deal approval

The State Public Service Commission of New York withdrew the approval of the merger deal between Time Warner Cable and Charter Communications clinched in 2016, claiming Charter failed to establish the network for enough houses.

Sun, 29 Jul 2018 06:55:35 GMT

World auto powers plot response to US auto tariff threats

The EU, Canada, South Korea, Mexico and Japan are set to meet in Geneva next week to consider how to respond to the US President Donald Trump's threats to impose tariffs on the US imports of car parts and autos.

Sun, 29 Jul 2018 06:50:50 GMT

Albania's air passengers grow 13.4% in first half

Albania registered a year-over-year air passenger increase of 13.4% in the first half of 2018, according to the latest report released by the INSTAT.

Sun, 29 Jul 2018 05:18:19 GMT

Russia's parliament approves tax increase bill

Russia's Federation Council passed the bill on raising the value-added tax rate from 18% to 20% at the latest plenary session, which would become effective next year.

Sun, 29 Jul 2018 05:13:15 GMT

Beijing reports weakest mortgage growth since 2013

Beijing reported that the outstanding mortgage loans grew at the weakest pace in the five-year period, as government curbs contribute to cooling down of the real estate market.

Sun, 29 Jul 2018 04:20:07 GMT

Danone loses 50% market share in Morocco

France's food giant Danone lost more than a half of fresh milk market share in Morocco amid the ongoing boycott by consumers, a local media stated.

Sun, 29 Jul 2018 04:13:45 GMT

BMW to increase prices of two SUV models in China by up to 7%

Germany's carmaker BMW stated that it would raise prices of two US-made crossover SUV in China to take into account the extra cost of tariffs over the US car imports into the Chinese market.

Sat, 28 Jul 2018 22:50:52 GMT

Bank Leumi will sell its credit card unit

Bank Leumi of Israel on Saturday announced that it will sell its credit card unit to Warburg Pincus for $685 million.

Sat, 28 Jul 2018 22:50:21 GMT

President of Peru proposes referendum

The President of Peru Martin Vizcarra proposed on Saturday that a referendum should be held to stop private funding of political campaigns.

Sat, 28 Jul 2018 21:59:36 GMT

Turkish and American officials discuss minor issues

On Saturday, the US Secretary of State met with the Foreign Minister of Turkey to discuss minor issues that affect the relationship of the country.

Sat, 28 Jul 2018 21:59:11 GMT

US sets date for possible agriculture subsidies

It was announced on Saturday that US farmers might expect the proposed cash subsidies in October. However, not the whole subsidy would be paid out.

Sat, 28 Jul 2018 21:22:09 GMT

Thomas Cook might sell its airline

The British travel company named Thomas Cook is evaluating the benefits of selling its airline business to an outside investor.

Sat, 28 Jul 2018 21:21:32 GMT

G20 agriculture meeting slams protectionism

At the end of the G20 country Agriculture Minister meeting the end result was a joint statement that criticized protectionism.

Sat, 28 Jul 2018 19:59:57 GMT

G20 agriculture meeting ends

As the G20 meeting of Agriculture Ministers ended on Saturday, it was announced that most talks were about protectionism.

Sat, 28 Jul 2018 19:59:30 GMT

Details are revealed about CBS CEO investigation

It has been revealed that the allegations against the CEO of CBS have come just as the executive managed to win a legal battle against the company's largest shareholder.

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