News

Note: This section contains information in English only.
Tue, 21 Nov 2017 05:22:48 GMT

Mexico's presidential candidate vows economic stability

Mexico's leftist presidential candidate Andres Manuel Lopez Obrador promised on Monday to increase infrastructure spending and support various social programs without introducing new taxes or raising the debt-to-GDP ratio.

Tue, 21 Nov 2017 05:16:21 GMT

Oil prices surge to $62.20

Oil crude prices rose by 8 cents on Tuesday, reaching $62.20 a barrel, as rising output in the United States undermined the upcoming OPEC meeting on further extension of production cuts.

Tue, 21 Nov 2017 03:52:09 GMT

White House asks US Supreme Court to accept full travel ban

White House asked the US Supreme Court to allow Donald Trump's travel ban to come into full effect after California's appeal court ruled that it could be enacted only partially.

Tue, 21 Nov 2017 03:51:37 GMT

China promises to be more open-minded to providing information

Chinese local and central governments would be more open to providing information for other countries to help them understand China, according to a senior government official.

Tue, 21 Nov 2017 03:01:32 GMT

Mexico, Canada to rebuff US over NAFTA targets as progress slows

Mexico and Canada are set to rebuff the US over its demand for stricter NAFTA automotive content regulations, as progress in talks weakened, top officials stated.

Tue, 21 Nov 2017 02:59:08 GMT

US sues to block AT&T purchasing Time Warner

The US Justice Department sued AT&T to stop its 85.4B acquirement of Time Warner, saying that the deal could push prices for pay-TV subscribers and rivals.

Mon, 20 Nov 2017 17:00:34 GMT

Saudi Prince detention slows down loan to Kingdom Holding

The plan of Kingdom Holding to borrow money in order to fund new investments slowed down as Prince Alwaleed bin Talal had been detained in anti-corruption crackdown.

Mon, 20 Nov 2017 17:00:19 GMT

US credit access improves

The Federal Reserve Bank of New York reported on Monday that Americans' access to credit improved as people's financial shock declined.

Mon, 20 Nov 2017 16:22:26 GMT

Belarus arrests Ukrainian journalist on spying charges

Belarus' KGB state security service reported on Monday it had arrested an Ukrainian radio journalist on suspicion of spying charges.

Mon, 20 Nov 2017 16:14:24 GMT

Marvell Technology to buy chipmaker Cavium for $6B

Chipmaker Marvell Technology announced on Monday that would acquire its competitor Cavium for $6B, as it had estimated that the combined business would probably generate $3.4B in annual revenue.

Mon, 20 Nov 2017 15:06:50 GMT

North Korea's Foreign Minister to visit Cuba

The North Korean Foreign Minister is set to visit Cuba on Monday, searching for support on the back of strong pressure exerted by the US and the International Community to halt its nuclear programme.

Mon, 20 Nov 2017 14:53:35 GMT

Uber to buy up to 24K autonomous cars from Volvo

Volvo Cars is planning to supply Uber with up to 24K self-driving vehicles; a deal that could let Uber overcome its Silicon Valley division's setbacks and perfect its autonomous systems.

Mon, 20 Nov 2017 14:34:16 GMT

Visa consultations in US consulates in Russia may be resumed

On Monday, the US Ambassador to Russia Jon Huntsman stated that visa consultations in the US consulates in Russia were likely to be resumed soon.

Mon, 20 Nov 2017 14:16:44 GMT

Honda to find faulty Takata airbag owners via Facebook

Honda Motor announced on Monday about its plans to find vehicle owners with Takata defective airbags by using Facebook's custom audience tool.

Mon, 20 Nov 2017 13:11:42 GMT

VW lifts 2020 sales estimates on emerging-market growth

Volkswagen lifted its mid-term revenue estimates to more than $255.69B by 2020 on a demand for its SUVs in emerging markets, group's Sales Chief stated on Monday.

Mon, 20 Nov 2017 13:11:32 GMT

UN calls Japan to resettle more asylum seekers

The UN refugee agency urged Japan for resettlement of asylum seekers, as it sought the country to help resolve a worldwide crisis, after granting refugee status to only three people in the year's first half.

Mon, 20 Nov 2017 12:18:51 GMT

France to isolate itself from hostile takeovers

France's Prime Minister Edouard Philippe stated that the government was eager to protect its national corporate leaders against any hostile takeovers.

Mon, 20 Nov 2017 12:07:05 GMT

Merkel, German President to hold meeting on Monday

The German Chancellor Angela Merkel is set to meet the country's President Frank-Walter Steinmeier at 1330GMT this Monday, to inform him on events after the German coalition talks had failed.

Mon, 20 Nov 2017 10:55:26 GMT

Oil remains steady on Monday prior to OPEC meeting

Oil prices were steady on Monday, as traders were unwilling to open new positions prior to OPEC meeting scheduled for November 30.

Mon, 20 Nov 2017 10:53:27 GMT

Porsche, Axel Springer join forces to support digital ideas

The German car manufacturer Porsche AG and the media company Axel Springer SE are to establish a joint start-up accelerator with the aim to support new digital business ideas.

Mon, 20 Nov 2017 10:05:08 GMT

Suspicious package found at US consular office in Zurich

According to the Swiss police and the Blick newspaper, a suspicious package had been found at the entrance of the US consular office in Zurich on Monday, causing building evacuation.

Mon, 20 Nov 2017 09:55:49 GMT

Merkel repeals news conference with PM Rutte

The Chancellor Angela Merkel cancelled the scheduled news conference with the Dutch Prime Minister Mark Rutte on Monday, following a collapse of the German coalition talks.

Mon, 20 Nov 2017 08:56:32 GMT

Pinera beats its rival in Chile election's first round

On Sunday, Sebastian Pinera won the first round of Chile's Presidential election, beating the centre-left Senator Alejandro Guillier with 36.6% of votes, 13.9% more than his rival candidate.

Mon, 20 Nov 2017 08:55:31 GMT

Cambodia opposition steps down from posts after ban

Elected officials of the Cambodian banned opposition party began giving up their posts, after the party was ordered dissolved by the Court, the government stated on Monday.

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