News

Note: This section contains information in English only.
Wed, 07 Mar 2018 07:30:00 GMT

Greek taxi drivers stage out protest against Uber

On Tuesday, hundreds of the Greek taxi drivers staged out protest in Athens against the ride-hailing service Uber, arguing the taxi app "invaded" the country, seizing their business.

Wed, 07 Mar 2018 05:50:20 GMT

Stocks plummet after close of trading

Global stock values fell on Wednesday with most US stocks losing near 2% of their value in the aftermarket trading. The reason was the resignation of a White House free trade advocate.

Wed, 07 Mar 2018 05:50:14 GMT

Chinese Finance Minister expresses confidence

The Finance Minister of China Xiao Jie on Wednesday announced that he has full confidence that China can fend off the large systemic debt risks of the country.

Wed, 07 Mar 2018 05:31:04 GMT

German car makers move ahead in South Korea

Both Mercedes and BMW have outsold General Motors in the South Korean market for the first time.

Wed, 07 Mar 2018 05:30:34 GMT

Japan's ruling party speaks out about fiscal policy

The head of the ruling Liberal Democratic Party of Japan Fumio Kishida has stated that the government needs to finally announce when a budget surplus would be achieved.

Wed, 07 Mar 2018 04:32:11 GMT

Toyota, Kobe Steel hit with lawsuit on car metal quality

The US consumers filed a lawsuit against Toyota Motor and Kobe Steel accusing the companies of engaging in fraud by withholding the vehicle metal component quality.

Wed, 07 Mar 2018 04:31:45 GMT

BlackBerry sues Instagram, WhatsApp, Facebook on patient infringement

BlackBerry filed a lawsuit on patent infringement against Facebook and its Instagram and WhatsApp applications, arguing that features and technologies from BlackBerry Messenger were copied.

Tue, 06 Mar 2018 20:59:23 GMT

Argentinian legislators present bill to legalise abortion

On Tuesday, dozens of Argentinian legislators introduced a bill to legalise abortion, opening a debate that would likely divide a Catholic nation.

Tue, 06 Mar 2018 20:57:15 GMT

Qualcomm in talks to settle patent dispute with Huawei

Media sources reported on Tuesday that Qualcomm, a US microchip giant, was in talks to settle a patent-royalty dispute with Huawei Technologies.

Tue, 06 Mar 2018 20:55:46 GMT

Argentinian legislators present bill to legalise abortion

On Tuesday, dozens of Argentinian legislators introduced to legalise abortion, opening a debate that would likely divide a Catholic nation.

Tue, 06 Mar 2018 20:13:08 GMT

Top US Senate official says Trump metal tariffs could trigger trade war

The Senate Majority Leader Mitch McConnell stated on Tuesday that the US President Donald Trump's tariffs on steel and aluminium could lead to a trade war and hurt the national economy.

Tue, 06 Mar 2018 19:59:58 GMT

Trump sees ‘possible progress' on Korean Peninsula

On Tuesday, the US President Donald Trump said he saw signs of "possible progress" on the Korean Peninsula after North Korea signalled it was willing to talk to the US.

Tue, 06 Mar 2018 19:22:02 GMT

VW Trucks workers to support IPO only if it protects their rights

On Tuesday, Volkswagen Trucks labour union leaders claimed that Volkswagen workers are ready to back the possible IPO only in case if it will help to protect workers rights.

Tue, 06 Mar 2018 19:05:16 GMT

EU close to finalise Brexit deal on citizen's rights

On Tuesday, the European Union's chief Brexit negotiator Guy Verhofstadt claimed that the UK and the EU are close to finalise the deal regarding the rights of EU citizens staying in the UK after Brexit.

Tue, 06 Mar 2018 18:24:09 GMT

BMW to develop next generation of EV Mini in China

On Tuesday, the BMW board member Peter Schwarzenbauer stated that research, technological development and production of the next generation of electric Mini will happen in China.

Tue, 06 Mar 2018 18:07:36 GMT

Russian cargo plane crashed in Syria

According to the Russian Ministry of Defence, Russian military transport plane An-26 crashed at the Russian Khmeimim military base in Syrian province Latakia, killing 39 people aboard.

Tue, 06 Mar 2018 16:52:44 GMT

France may probe Facebook, Google on online advertising dominance

The French competition authority is likely to open investigations into Google and Facebook, as the regulator concluded that the pair dominate France's online advertising market.

Tue, 06 Mar 2018 16:52:36 GMT

Logitech CEO sees large acquisitions unlikely

Bracken Darrell, the CEO of Logitech, stated that large acquisitions are not very likely, as the company announced expectations for weaker sales growth in the following year.

Tue, 06 Mar 2018 16:04:01 GMT

US factory orders fall by most in six months

The Commerce Department revealed that new orders for goods made in the US recorded their strongest drop in the six-month period in January, falling 1.4% amid broad decline in demand.

Tue, 06 Mar 2018 16:01:52 GMT

Soros, BlackRock interested in Deutsche Bank unit's IPO

George Soros, BlackRock and main sovereign wealth funds were among the investors interested in purchasing stakes in the IPO of Deutsche Bank's asset management unit.

Tue, 06 Mar 2018 15:24:41 GMT

Air Berlin's creditors seek suing Etihad for damages

Air Berlin's creditors are planning to file a suit against the insolvent company's ex-parent Etihad Airways for its alleged damages over the decision to cut off funding in August last year.

Tue, 06 Mar 2018 14:34:46 GMT

BMW takes closer look at Russian production

BMW is reviewing the localised production in Russia, saying that a decision should be made in the coming weeks or months, as it seeks for growth opportunities in the emerging markets.

Tue, 06 Mar 2018 14:28:35 GMT

Lego sales drop for first time since 2004

Sales of the toymaker Lego plunged 8% to $5.8B in 2017 for the first time in 13 years, as the company struggled with severe retail markets in North America and Europe.

Tue, 06 Mar 2018 12:55:04 GMT

Target's profit in holiday quarter disappoints analysts

On Tuesday, shares of Target fell 2% in the premarket trading, following a report on the company's profit that missed analysts' estimates for its reading in the holiday quarter.

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