News

Note: This section contains information in English only.
Mon, 22 Jan 2018 16:07:38 GMT

Canadian wholesale sales rise less than expected in November

Statistics Canada reported on Monday that wholesale sales rose 0.7% in November, following the prior month's climb of 1.6% and falling behind analysts'expectations for a 1.0% gain.

Mon, 22 Jan 2018 15:30:00 GMT

AIG to acquire Validus Holdings for $5.56B

On Monday, American International Group stated that it would acquire Validus Holdings in a deal worth $5.56B in cash to enhance its reinsurance business.

Mon, 22 Jan 2018 15:15:51 GMT

Third Point calls on Nestle to ramp up disposals

Nestle's US investor Third Point urged the company to make its corporate strategy clear and ramp up the "ill-fitting businesses" disposals.

Mon, 22 Jan 2018 14:33:38 GMT

Syria's Afrin death toll rises to 18

The SDF militia alliance reported on Monday that the death toll in Syria's region of Afrin had climbed to 18, including children and women.

Mon, 22 Jan 2018 14:29:53 GMT

Iraq to hold elections on May 12

On Monday, Iraq's Parliament announced the elections would be held on May 12, whose winner would have to rebuild the country after years of war with the Islamic State.

Mon, 22 Jan 2018 13:14:28 GMT

Tillerson visits $1B US embassy in London

The US State Secretary Rex Tillerson visited the new US embassy in London worth $1B that Donald Trump had criticised few days before, calling it a "bad deal" that was agreed by Obama's administration.

Mon, 22 Jan 2018 13:13:35 GMT

France accuses Iran of not respecting UN resolution

On Monday, French Foreign Minister accused Iran of not respecting the UN resolution, which calls on the country to abstain from its work on ballistic missiles.

Mon, 22 Jan 2018 12:03:19 GMT

Amazon to open checkout-free grocery store on Monday

Amazon.com is set to open its automated grocery store of future 'Amazon Go' on Monday, where its customers will be billed coming out of the store, following almost two years of testing.

Mon, 22 Jan 2018 11:50:02 GMT

Swiss asylum requests fall to record low since 2010

According to Switzerland's migration authorities, the 2017 Swiss asylum requests dropped to the lowest level of 18,088 since 2010, as arrivals from Syria, Iraq and Afghanistan tapered off.

Mon, 22 Jan 2018 10:56:21 GMT

VTB bank chief says he might be added to US list of Putin's aides

The chief of the Russian VTB bank Andrey Kostin said that there was a high chance of his name being included in the new US list of Vladimir Putin's close aides.

Mon, 22 Jan 2018 10:55:12 GMT

Kremlin in contact with Turkey over operation in Afrin

On Monday, Kremlin's spokesperson Dmitry Peskov said that Russian officials were in touch with Ankara over the Turkish military operation against YPG fighters in Afrin, Syria.

Mon, 22 Jan 2018 10:30:37 GMT

FB cannot affirm social media is good democracy

On Monday, Facebook stated it could offer no guarantee social media was good for democracy, adding the web platform would keep trying to stop the alleged election meddling.

Mon, 22 Jan 2018 10:22:31 GMT

VTB considers extending Angola's $1.5B loan

Russian VTB is discussing change in terms and extension of Angola's $1.58B loan to ten years, so the country would not have had to acquit it within the following 1.5 years.

Mon, 22 Jan 2018 09:33:43 GMT

Puigdemont arrives in Copenhagen without being arrested

The former Catalan leader Carles Puigdemont arrived in Denmark on Monday without being detained, following the Spanish prosecution's calls for his arrest in Copenhagen.

Mon, 22 Jan 2018 09:23:18 GMT

Airbus Helicopters deliveries slightly down in 2017

Airbus Helicopters posted a slight decrease to 409 units in its helicopter deliveries in 2017, compared to a 418 reading in the prior year, caused by an order slowdown in the sector.

Mon, 22 Jan 2018 08:34:13 GMT

Vietnam imprisons ex-politburo official for graft

Vietnamese court jailed the former politburo official Dinh La Thang to 13 years for violating state rules and embezzlement, state media reported on Monday.

Mon, 22 Jan 2018 08:30:39 GMT

Philippines raises volcano alarm again

On Monday, the Philippines raised the alarm again at the Mayon volcano, following a loud explosion that made the eruption likelier.

Mon, 22 Jan 2018 07:32:13 GMT

Tokyo holds first missile evacuation drill

On Monday, the Japanese capital held its first North Korean missile attack drill, where volunteers were taking cover in underground spaces that would serve as safe haven in case of a strike.

Mon, 22 Jan 2018 07:29:20 GMT

Sanofi confirms buying US peer Bioverative

On Monday, France's healthcare firm Sanofi announced it had agreed to acquire the US peer Bioverative in a deal worth $11.6B, expecting to boost the company's earnings.

Mon, 22 Jan 2018 06:03:40 GMT

Facebook to open training centres in Europe

On Monday, Facebook revealed its intention to open three digital training hubs in Europe to train 1M people in the following two years.

Mon, 22 Jan 2018 06:02:52 GMT

WEF expects Trump to attend

The World Economic Forum chairman Klaus Schwab said he still expected to see the US President Donald Trump attending the annual event this week.

Mon, 22 Jan 2018 05:31:44 GMT

Singapore must address tax issue in wake of ageing population

The chief of Singapore's central bank said that the city-state must face the problem of how to effectively use taxes to back those far less well off, pointing out that the population is ageing fast.

Mon, 22 Jan 2018 05:30:55 GMT

US government remains shut down on Monday

The US government will remain shut down for the third straight day on Monday due to the failure of the Senate negotiators to strike a deal on Sunday.

Mon, 22 Jan 2018 04:29:13 GMT

China expect economy to maintain steady growth momentum in 2018

China was confident that the country's economic growth would remain steady this year, a spokesman for the state planner stated after the stronger-than-expected Q4 GDP report.

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