News

Note: This section contains information in English only.
Wed, 02 May 2018 03:01:44 GMT

Snap shares fall 16% amid redesign affecting results

Snap missed Wall Street estimates for regular users and revenue, following a redesign of Snapchat turned off some advertisers and long-term fans, sending shares 16% down.

Wed, 02 May 2018 02:31:08 GMT

Japan services sector grows markedly in April

The Japanese services sector grew at the strongest pace in a six-month period in April, as new orders increased, according to a private survey.

Wed, 02 May 2018 02:30:28 GMT

China's factory activity grows slightly in April

Growth in the Chinese manufacturing sector picked up unexpectedly in the month of April, as production quickened marginally, a private survey revealed.

Tue, 01 May 2018 20:29:03 GMT

Russia, Pakistan to strengthen ties

The Russian Foreign Minister Sergei Lavrov and his Pakistani counterpart Khawaja Muhammad Asif agreed to strengthen cooperation in economic, trade and counterterrorism areas.

Tue, 01 May 2018 20:28:16 GMT

Canadian economy expands 0.4% in February

The Canadian economy grew 0.4% in February after a 0.1% decline in January, data published by the Statistics Canada shows.

Tue, 01 May 2018 18:12:13 GMT

Oil drops on firmer US dollar yet Iran sanction concerns limit losses

On Tuesday, oil prices slipped over one percent while dollar stayed close to four-month high, however fears that Donald Trump could step away from the Iran nuclear deal troubled the market.

Tue, 01 May 2018 18:12:02 GMT

Wall Street tumbles as cost tensions increase, oil prices draw back

US stock market tumbled on Tuesday, powered by Pfizer's disappointing results, declining oil prices and rising fears that inflation and tariffs could effect corporate profits.

Tue, 01 May 2018 17:11:45 GMT

US prolongs EU tariff exemption thanks to good trade discussion

US Commerce Secretary Wilbur Ross said that due to the promising discussions about trade tension reduction, exemption from new aluminium and steel tariffs has been extended by one month.

Tue, 01 May 2018 17:02:12 GMT

Goldman Sachs accepts to pay $55M to settle Fed's forex claims

Goldman Sachs on Tuesday admitted that the bank allowed foreign exchange investors to share wrong details about investment portfolios, thus agreeing to pay the Fed $54.75M to settle claims.

Tue, 01 May 2018 16:20:27 GMT

Prosperity time arrives early to West Texas oil area

In West Texas, surging oil prices are driving a clear economic uptrend, lifting pay and employment to records, enhancing spending at car dealerships, restaurants and hotels.

Tue, 01 May 2018 16:09:25 GMT

Uber loses its permit in the southern part of UK city of Brighton

On Tuesday, the local council of Brighton stated that Uber's licence will not be restored, because its app is not "fit and proper" and it raises concerns about a data breach.

Tue, 01 May 2018 15:14:25 GMT

Saudi government to allocate 25 schools to non-public sector

Saudi Arabian government hopes to ease tension on the state's finances by handing over 25 state-run educational institutions to the companies in the private sector.

Tue, 01 May 2018 14:58:17 GMT

Central American women and children caravan enter US

On Tuesday, US border authorities gave permission to enter in the United States for a small group of Mexico people, rising hope for migrants from Central America.

Tue, 01 May 2018 14:30:33 GMT

RBS to close 192 branches, cut 792 jobs

The Royal Bank of Scotland is likely to shutter 162 branches and cut nearly 792 positions, after its branch network was reviewed in England and Wales.

Tue, 01 May 2018 14:30:08 GMT

Japan to have sumit with South Korea, China

Japan is expected to host a summit with the president of South Korea Moon Jae-in and China's Premier Li Keqiang on May 9 to negotiate on regional issues, the government stated.

Tue, 01 May 2018 12:16:22 GMT

Pakistan opens new international airport

The Prime Minister of Pakistan Shahid Khaqan Abbasi on Tuesday officially opened a long-awaited airport in Islamabad that was supposed to replace the old Benazir Bhutto.

Tue, 01 May 2018 12:10:58 GMT

EU Commission criticizes Trump over tariffs

The European Commission criticized the US President Donald Trump on Tuesday saying that his indecision whether to impose tariffs on steel and aluminium creates uncertainty for business.

Tue, 01 May 2018 11:09:39 GMT

Pashinyan calls to continue protests

The main Armenian opposition leader Nikol Pashinyan urged people on Tuesday to continue protesting in the streets in order to pressure the ruling Republican party to select him the new interim Prime Minister of the country.

Tue, 01 May 2018 11:09:31 GMT

Germany wants trade deal with US

The Economy Minister of Germany Peter Altmaier on Tuesday stressed the need of a trade deal between the United States and European Union that will end ambiguity over tariffs on steel and aluminium.

Tue, 01 May 2018 10:03:43 GMT

Israel calls US to withdrew from deal with Iran

The Israeli Prime Minister Benjamin Netanyahu called the United States on Monday to declare the Iran nuclear deal void as it failed to keep its promise to stop developing nuclear weapons.

Tue, 01 May 2018 10:03:33 GMT

UK welcomes Trump decision on tariffs

The UK Trade Minister Liam Fox welcomed on Tuesday the US President Donald Trump's decision to prolong an interim exemption on aluminium and steel tariffs for British companies.

Tue, 01 May 2018 09:11:31 GMT

British consumers' borrowing slows in March

According to report published by the Bank of England on Tuesday morning, the value of credits issued to British consumers has decreased to £4.2B from £5.5B.

Tue, 01 May 2018 09:05:01 GMT

Fed likely to leave interest rates unchanged

According to experts' opinion, the US Federal Reserve will not raise interest rates on Wednesday postponing this decision until next policy meeting in June.

Tue, 01 May 2018 08:09:27 GMT

EU says postponing steel, aluminium tariffs hurts business

The European Commission noted on Tuesday that the US decision to postpone aluminium and steel tariffs aimed at the EU increased business uncertainty.

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