News

Note: This section contains information in English only.
Fri, 16 Feb 2018 19:24:55 GMT

Mitt Romney to run for Senate from Utah

On Friday, Mitt Romney, the former Republican presidential nominee, said he was running for the Senate from Utah, adding he could bring the state's values to Washington.

Fri, 16 Feb 2018 18:03:40 GMT

US consumer sentiment betters in February

The University of Michigan reported that its preliminary consumer sentiment for the month of February jumped to 99.9 on the back of tax cuts coupled with a strong job market.

Fri, 16 Feb 2018 18:03:17 GMT

New-home construction in US rises in January

According to the data released by the US Census Bureau, January new-home construction rose to the highest level since October 2016 driven by an uptick in apartment building.

Fri, 16 Feb 2018 17:17:05 GMT

US import prices up 1.0% in January

The US Bureau of Labour Statistics reported on Friday that the country's import prices were up 1.0% in January, topping analysts' expectations for a 0.6% rise.

Fri, 16 Feb 2018 17:16:25 GMT

US January building permits highest since mid-2007

Data released by the US Census Bureau on Friday showed that building permits surged 7.4% to 1.4M rate in January, the highest since June 2007.

Fri, 16 Feb 2018 16:24:59 GMT

Canada's manufacturing sales drop in December

According to the data released by Statistics Canada, the state's manufacturing sales dipped 0.3% over the month of December.

Fri, 16 Feb 2018 16:24:08 GMT

UK January retail sales miss expectations

The UK Office for National Statistics reported on Friday that retail sales in the country rose 0.1% over the course of January, missing analysts' expectations for a 0.5% uptick.

Fri, 16 Feb 2018 15:34:35 GMT

Facebook faces $125M fine over Belgian privacy case

Belgian court has threatened Facebook to fine the social media platform up to $125M, in case it continues to violate privacy laws by tracking users on the third party websites.

Fri, 16 Feb 2018 15:30:54 GMT

Boeing 737 MAX-9 jet gets FAA approval

Boeing stated on Friday that the US Federal Aviation Administration had certified the 737 MAX-9 planes for commercial service officially.

Fri, 16 Feb 2018 14:34:14 GMT

Citigroup lifts CEO Corbat's pay 48%

Citigroup has raised the CEO Michael Corbat's annual pay 48% to $23M for 2017, as the bank made more money from its operations.

Fri, 16 Feb 2018 14:27:08 GMT

Uber launches new safety features to retain licence

Uber has introduced new safety features that included 24-hour driver and rider support by phone, as the taxi driver seeks to retain its London licence and be able to operate in the city.

Fri, 16 Feb 2018 13:23:04 GMT

Campbell Soup posts 2% drop in Q2 organic sales

On Friday, Campbell Soup posted a 2% fall in its Q2 organic net sales amid smaller demand for its canned soups by the company's North American key customer.

Fri, 16 Feb 2018 13:06:19 GMT

VW considers guidance from Apple on e-vehicle design

Volkswagen is looking at Apple products for the electric vehicles design guidance, as the carmaker seeks to turn profits when launching the EVs in 2020.

Fri, 16 Feb 2018 12:31:00 GMT

US Deere posts 23% rise in quarterly sales

On Friday, the US tractor maker Deere reported its revenues and net sales surged 23% year-on-year to $6.91B in the quarter ended January 28.

Fri, 16 Feb 2018 12:22:04 GMT

Amazon.com to settle US law violations by paying penalty

Amazon.com is set to pay a $1.2M in settlement over the 4K alleged violations of the US law in its efforts to prevent the harmful pesticides exposure through illegal sales.

Fri, 16 Feb 2018 11:18:48 GMT

OPEC's output cut could hit Russia's economy, says central bank

The Bank of Russia said in a statement this Friday that the proposed output cut of OPEC and non-OPEC countries to increase oil prices could hit the Russian economy in 2018.

Fri, 16 Feb 2018 11:03:04 GMT

Reuters: Walmart plans buying 40% stake in India's Flipkart

The US-based retail corporation Walmart Inc was in talks with the Indian e-commerce company Flipkart for the purchase of more than 40% of its stake, Reuters reported on Friday.

Fri, 16 Feb 2018 10:34:51 GMT

Pakistan sends troops on training mission to Saudi Arabia

Pakistan is planning to send its troops on an advice and raining mission to Saudi Arabia, following its decision three years ago not to send the soldiers to participate in the Saudi-led intervention in Yemen.

Fri, 16 Feb 2018 10:29:50 GMT

EU to lift visas after Turkey eases counter-terrorism laws

On Friday, the European Union stated that it was not eager to ease travel measures for Turkish citizens, unless Turkey softened its counter-terrorism laws, which the bloc found excessive.

Fri, 16 Feb 2018 09:34:52 GMT

US Senate rejects "Dreamer" immigration bills

The US Senate has rejected immigration bills on Thursday, leaving the "Dreamers" in limbo.

Fri, 16 Feb 2018 09:33:01 GMT

Senate names Damers as head of JD's national security

On Thursday, the US Senate confirmed John Damers would head the national security division of the Justice Department, following a lifted hold by the Republican senator over marijuana policy.

Fri, 16 Feb 2018 08:34:27 GMT

Erdogan meets Tillerson for open talks to mend ties

On Thursday, the Turkish leader Tayyip Erdogan and the US diplomat Rex Tillerson met for the open and productive talks on mending their ties after they were strained amid policies on Syria.

Fri, 16 Feb 2018 08:28:09 GMT

Audi: reports on CEP Stadler's ouster are false

Matthias Mueller, the Audi chairman, stated on Friday that the reports on the CEO Rupert Stadler's imminent ouster were false.

Fri, 16 Feb 2018 07:33:21 GMT

Russian central bank: $6M stolen in attack on SWIFT system

On Friday, Russia's central bank stated that $6M were stolen in a cyber-attack on the SWIFT payments messaging system last year.

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