News

Note: This section contains information in English only.
Wed, 23 Aug 2017 19:01:17 GMT

Brazil consumer inflation hits 18-year low

The IBGE agency reported that consumer prices in Brazil decreased to 2.68% over the course of August, which represents the new 18-year low level.

Wed, 23 Aug 2017 18:12:50 GMT

Merkel says war with North Korea is not inevitable

On Wednesday, the German Chancellor Angela Merkel said that a war with North Korea can be avoided and Germany is ready to help to find a necessary diplomatic solution.

Wed, 23 Aug 2017 18:12:31 GMT

US new home sales fall amid rising prices

On Wednesday, the US Commerce Department revealed that new home sales plunged to 9.4%, which represents the lowest level since December 2016.

Wed, 23 Aug 2017 17:18:00 GMT

Saudis, Iran set to exchange diplomatic visits

Iranian Foreign Minister stated that Saudi Arabia and Iran would exchange diplomatic visits in the near future, suggesting a thaw in reationships between both countries.

Wed, 23 Aug 2017 17:17:17 GMT

Google to name new Android OS as world's favourite cookies OREO

Google announced that the next version of Android OS is set to be named after the world's favourite biscuits OREO, keeping the tradition of calling each new release as sweet treats.

Wed, 23 Aug 2017 16:15:46 GMT

UK banks to close record number of 762 branches in 2017

British banks are likely to shut record-high amount of 762 branches during this year, aiming to diminish costs by pushing business online.

Wed, 23 Aug 2017 16:13:17 GMT

Scotland's budget deficit edges down to 8.3% of GDP

Scottish budget deficit was 8.3% in the fiscal year to March, down from the prior year's 9.3%, as the country's oil-dependent economy tried to cope with a downturn in the oil sector.

Wed, 23 Aug 2017 15:16:15 GMT

EZ business growth maintains solid pace of growth in August

Euro zone business expansion maintained firm pace of growth in August, as manufacturing showed the strongest performance in more than 6 years, offsetting a slowdown in the services sector.

Wed, 23 Aug 2017 15:15:25 GMT

New home sales in US fall to seven-month low in July

The Commerce Department reported that sales of new single-family homes in the US fell unexpectedly to the weakest level in seven months in July, suggesting slower recovery in the housing market.

Wed, 23 Aug 2017 14:00:36 GMT

El Al Israel Airlines bet on Boeing 787

On Wednesday El Al Airlines received first of the ordered Boeing 787 Dreamliners. The company aims to win back customers by renewing its fleet.

Wed, 23 Aug 2017 13:59:53 GMT

Chad expels Qatar diplomats

On Wednesday Chad accused Qatar of trying to destabilize the country and has given Qatar diplomats ten days to leave the country.

Wed, 23 Aug 2017 13:16:22 GMT

Macron heads east

This week the President of France Emmanuel Macron is set to go on a three day tour around eastern and central Europe.

Wed, 23 Aug 2017 13:15:40 GMT

House to house drug tests are conducted in Philippines

It has been reported by Reuters that Philippines police is conducting house to house drug tests in Manila's poorest neighbourhoods. However, the tests are not mandatory.

Wed, 23 Aug 2017 11:58:48 GMT

New Japanese robot role gets introduced

A Japanese company recently brought to the market a new type of robot. This version acts as Buddhist priest for the purpose to be hired at funerals.

Wed, 23 Aug 2017 11:58:38 GMT

Lowe's misses earnings estimates

Lowe's Companies Inc on Wednesday released lower than expected earnings results. The company also warned that the tendency is set to continue to increased marketing spending.

Wed, 23 Aug 2017 11:17:04 GMT

Source: Toshiba sells $58.5M in stock of Mitsubishi UFJ

According to a source familiar with the matter, Japan's giant Toshiba sold $58.5M in shares of the Mitsubishi UFJ Financial Group, as the conglomerate experienced certain difficulties after bankruptcy of its nuclear business in the US.

Wed, 23 Aug 2017 11:04:50 GMT

Egyptian Foreign Minister cancels meeting with Kushner

On Wednesday, the Egyptian Minister of Foreign Affairs Sameh Shoukry decided to cancel his meeting with Jared Kushner after the US postponed a transfer of $195M in aid.

Wed, 23 Aug 2017 10:05:37 GMT

Beltone Financial aims for Nasdaq Dubai

Kareem Naema, the Beltone Financial asset management director, said that the firm plans to list its index on the Nasdaq Dubai in order to quadruple its value.

Wed, 23 Aug 2017 10:05:14 GMT

Five killed in suicide attack in Afghanistan

No less than five people died, while more than 40 were wounded in an explosion of a suicide bomb nearby a police station in Afghanistan's Helmand province.

Wed, 23 Aug 2017 09:07:02 GMT

Trump threatens to terminate NAFTA

On Tuesday, the US President Donald Trump warned that he might break the NAFTA treaty with Canada and Mexico, as non of the parties managed to overcome their deep differences.

Wed, 23 Aug 2017 09:00:26 GMT

Air strike hits hotel in Yemen, at least 30 dead

According to the Houthi movement, not less than 30 people were killed in an air strike that destroyed a hotel located to the north of the Yemeni capital Sanaa.

Wed, 23 Aug 2017 07:55:22 GMT

Norway PM: government to take step back on spending

The Prime Minister of Norway Erna Solberg suggested taking a step back on the country's fiscal spending, as the economic expansion is set to exceed the historical average next year.

Wed, 23 Aug 2017 07:54:43 GMT

Audi together with Hanergy to develop solar-embedded roof

Audi announced that the company was cooperating with China's firm Hanergy on developing panoramic glass roofs with solar cells for a new Audi electric car.

Wed, 23 Aug 2017 07:05:27 GMT

China's trade with North Korea diminishes in July

Data showed that China's trade traffic with North Korea slowed to $456M in July from the previous month's $489M, as the coal ban diminished imports.

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