News

Note: This section contains information in English only.
Sat, 24 Feb 2018 14:10:48 GMT

Buffet calls for more acquisitions

Warren Buffett stated on Saturday that Berkshire Hathaway needs to make another huge acquisition in order to boost its earnings. However, he acknowledged that searching a deal with an adequate price had become a difficult task.

Sat, 24 Feb 2018 13:02:48 GMT

JNIM claims responsibility for attack in Mali

JNIM, the local militant group affiliated with al Qaeda, claimed responsibility on Saturday for a terrorist attack that resulted in death of two French soldiers near Mali's border with Burkina Faso and Niger.

Sat, 24 Feb 2018 13:02:36 GMT

CIRC to force top insurers to fix investment rule breaches

The China Insurance Regulatory Commission (CIRC) stated on Saturday that it would require top three country's insurers to improve foreign investments that had breached a number of local regulations.

Sat, 24 Feb 2018 12:01:59 GMT

S&P increases Russia's credit rating

In a decision made on Friday, S&P Global Ratings increased Russia's both short-term and long-term sovereign credit ratings to BBB-/A-3 investment grade.

Sat, 24 Feb 2018 12:01:48 GMT

Libya's NOC announces force majeure on 70K bpd

Libya's National Oil Corporation (NOC) reported on Saturday it had announced force majeure on the 70K bpd on El Feel oilfield in result of a seizure made by Fazzan group from the PFG.

Sat, 24 Feb 2018 11:11:32 GMT

Russia calls for dialogue with US on North Korea

According to the TASS news agency, the Deputy Foreign Minister of Russia Igor Morgulov said that development of the current situation on the Korean peninsula requires direct dialogue between the United States and Russia on this issue.

Sat, 24 Feb 2018 11:11:21 GMT

Death toll from blast in Mogadishu rises to 45

A senior government official confirmed on Saturday that the number of people who lost their lives from a car bomb blasts rose to 45 from previously reported 18.

Sat, 24 Feb 2018 10:35:53 GMT

UN: South Sudan officers responsible for war crimes

More than 40 South Sudanese military officers are responsible for crimes against humanity and war crimes, UN investigators say.

Sat, 24 Feb 2018 10:34:53 GMT

Geely: no more Daimler shares "for the time being"

China's Zhejiang Geely Holding does not intend to purchase more Daimler shares "for the time being", the company says, after disclosing 9.69% ownership in the German concern.

Sat, 24 Feb 2018 09:33:49 GMT

Militants kill 18 soldiers in Afghanistan

Taliban militants killed 18 government soldiers in an attack on an army post, the defence ministry says.

Sat, 24 Feb 2018 09:32:55 GMT

Two car bombs kill 18 in Somalia

Two car bombs killed 18 people in Mogadishu, a capital of Somalia, in an attack carried out by the Islamist group al Shabaab.

Sat, 24 Feb 2018 08:37:07 GMT

Indonesian president wants Perry Warjiyo to lead central bank

The Indonesian President Joko Widodo wants Perry Warjiyo to run the central bank when the current chief steps down in May.

Sat, 24 Feb 2018 08:36:10 GMT

China squeezes fuel delivery to North Korea

China squeezed fuel delivery to North Korea in January, extending trade cuts with its isolated neighbour, trade data shows.

Sat, 24 Feb 2018 07:16:50 GMT

Florida governor suggests new gun sale limits

The governor of Florida, Rick Scott, asked policymakers to restrict access to guns for youngsters and mentally disabled.

Sat, 24 Feb 2018 07:16:09 GMT

Geely gets stake in Daimler

The chairman of Chinese carmaker Geely Li Shufu acquired 9.69% stake in Germany's Mercedes-Benz owner Daimler, filings show.

Sat, 24 Feb 2018 06:36:15 GMT

Three bombs hit Myanmar's city Sittwe

Three bombs detonated in the northwestern city of Sittwe, Myanmar, only three days after another bomb blast in the northeastern city of Lashio.

Sat, 24 Feb 2018 06:34:56 GMT

China home prices rise

New home prices increased in China in January despite government efforts to rein in speculative demand to avoid bubble risk.

Sat, 24 Feb 2018 05:34:22 GMT

US imposes new sanctions on North Korea

The United States on Friday imposed new sanctions on North Korea to persuade the nation to cancel its nuclear missile program.

Sat, 24 Feb 2018 05:33:02 GMT

State Department: US to open Jerusalem embassy in May

The United States plans to open its embassy in Jerusalem in May, a move widely disliked by US Arab allies and Palestinians.

Sat, 24 Feb 2018 04:34:57 GMT

ECB pulls plug on Latvian ABLV Bank

Latvia's lender ABLV Bank is likely to fail and is expected to be wound up with the bank's saving not in the interest of the public, the ECB and the EU SRB separately stated.

Sat, 24 Feb 2018 04:33:13 GMT

Google raise prices of adds, Turner, YouTube TV

Alphabet's Google was raising the price of online services of YouTube TV for new customers, as it added channels from Turner, NBL and MLB, the company stated.

Sat, 24 Feb 2018 03:27:01 GMT

Dropbox applies for IPO of nearly $500M

Data-sharing company Dropbox applied for an up to $500M initial public offering with the US Securities and Exchange Commission.

Sat, 24 Feb 2018 03:24:30 GMT

Chinese home prices grow 5% in January

China's Statistics Bureau stated that the country's new property prices rose 5% from a year earlier, even while the government kept attempting to curb speculative demand.

Fri, 23 Feb 2018 20:55:23 GMT

US concerned over Chinese new web access regulations

The US told the WTO that China's internet access regulations coming into force in March are set to create new limitations for service suppliers and should be negotiated at the WTO.

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