News

Note: This section contains information in English only.
Sun, 04 Mar 2018 15:00:19 GMT

Motorist in Israel wounds three people

According to Israeli police, an unknown motorist drove through crowd and managed to injure three security personnel before he was shot by nearby police officers.

Sun, 04 Mar 2018 14:00:19 GMT

Amazon aims to enter French grocery market

Frederic Duval, the General Manager of Amazon France, said on Sunday the company wants to start offering grocery delivery service in France within the framework of its global plans to enhance in food retail.

Sun, 04 Mar 2018 14:00:12 GMT

Russia plans to build tank on APC platform

The Director General of the Military Industrial Company Aleksandr Krasovitsky announced on Sunday that the company plans to construct a wheeled tank that will be based on the Bumerang APC.

Sun, 04 Mar 2018 13:02:49 GMT

VW plans to modify trucks division

According to the Handelsblatt newspaper, Volkswagen plans to modify the legal structure of its trucks division as one of the first steps towards an IPO of the business.

Sun, 04 Mar 2018 12:56:32 GMT

Geely does not plan new automotive deals

According to the Bild am Sonntag newspaper, the founder of China's Geely Li Shufu does not plan to conclude any new deals after acquiring nearly 10% in German Daimler.

Sun, 04 Mar 2018 12:00:32 GMT

China says it does not wish to start a trade war with US

A senior Chinese diplomat stated on Sunday that his country does not want to engage into a trade war with the United States. However, China will do anything to protect its interests, he added.

Sun, 04 Mar 2018 12:00:26 GMT

China plans to control money supply

A senior economic official stated on Sunday that China needs to deepen control over the money supply in order to be able to protect economy from financial risks.

Sun, 04 Mar 2018 08:50:31 GMT

378 ABLV Bank clients receive €5.9M in guaranteed deposits

Around €5.9M were paid out in guaranteed deposits for 378 ABLV Bank clients on Saturday, a spokeswoman for Citadele Bank Ieva Praulina told LETA.

Sun, 04 Mar 2018 08:50:21 GMT

China spends more on military equipment, soldier benefits

China's increased defence spending was intended to renew equipment and improve benefits for soldiers, a senior diplomat from National People's Congress said on Sunday.

Sun, 04 Mar 2018 08:37:47 GMT

China Unicom expects 178% surge in net income

The Chinese telecom giant China Unicom expects 178% surge in its net income for 2017, a company statement shows.

Sun, 04 Mar 2018 08:37:01 GMT

Russia's "Avangard" missiles enter production

Russia starts mass production of its "Avangard" missiles equipped with a hyper sonic glide vehicle, Russian media outlets report.

Sun, 04 Mar 2018 07:36:12 GMT

Spokesman: cooperation is the only option for China and US

China and the United States share a lot of mutual benefits and cooperation is the only option for both nations, a former Chinese ambassador to the United States says.

Sun, 04 Mar 2018 07:34:12 GMT

South Korean envoy to visit DPRK

The South Korean President Moon Jae-in plans to send a special envoy to visit the Democratic People's Republic of Korea on March 5.

Sun, 04 Mar 2018 06:32:03 GMT

Saudi Crown Prince to visit Egypt

The Saudi Crown Prince Mohammed bin Salman plans to visit Egypt on Sunday for the first time since becoming a crown prince, Al Arabiya reports.

Sun, 04 Mar 2018 06:30:46 GMT

Egypt's president claims "strategic partnership" with Huawei

Egypt launches a strategic partnership with China's corporation Huawei, the Egyptian President Abdel-Fattah al-Sisi says.

Sun, 04 Mar 2018 05:30:17 GMT

Iran defends missile program

Defence program is the basic right of any nation, including Iran, a Senior Adviser to Iran's Supreme Leader says.

Sun, 04 Mar 2018 05:29:22 GMT

Morocco forex reserves decline 6%

Morocco's foreign exchange reserves declined 5.9% to $25.4B in February, compared to the same period the previous year.

Sun, 04 Mar 2018 04:22:21 GMT

Hyundai warns tariffs likely to threaten US production

South Korea's automaker Hyundai Motor is set to rethink how many cars it builds in the US, warning that tariffs may negatively impact the company's US production.

Sun, 04 Mar 2018 04:21:29 GMT

Axa in talks to buy XL Group

Axa was in advanced negotiations to buy the US casualty and property insurer XL Group with a $11B market value, sources familiar with the matter stated.

Sun, 04 Mar 2018 03:34:37 GMT

UK business expansion gauge at two-year high

Britain's businesses expanded at the strongest pace in two years in the three month period ending in February, despite unclarities surrounding Brexit, the CBI stated.

Sun, 04 Mar 2018 03:34:11 GMT

Trump urges to tax EU auto imports

The US President Donald Trump threatened to implement taxes on autos imported from the European Union, if the bloc's retailers are against tariffs on aluminium and steel.

Sat, 03 Mar 2018 21:01:02 GMT

Iraqi parliament adopts new budget

The Parliament of Iraq adopted the budged of $88B with a deficit of $10.58 on Saturday despite a boycott organized by Kurdish lawmakers.

Sat, 03 Mar 2018 21:00:55 GMT

US threatens to tax EU auto imports

The US President Donald Trump threatened on Saturday to impose a tax on European car imports if the European Union raises tariffs on American steel and aluminium.

Sat, 03 Mar 2018 20:01:19 GMT

President Kabore calls collaboration with armed forces

The President of Burkina Faso Roch Kabore urged citizens on Saturday to cooperate more closely with security forces. The call came a day after attack on French embassy that resulted in death of 16 people.

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