News

Note: This section contains information in English only.
Wed, 23 Aug 2017 05:05:48 GMT

CBA faces class action over money laundering scandal

On Wednesday, the Maurice Blackburn Lawyers threatened to file a class action lawsuit against the Commonwealth Bank of Australia for hiding information that it was accused of money laundering.

Wed, 23 Aug 2017 04:23:31 GMT

Oil price drops to $51.61

On Wednesday, crude oil prices lost 26 cents or 0.5% and settled down at $51.61 a barrel amid new concerns of oversupply caused by rising Libya production.

Wed, 23 Aug 2017 04:17:48 GMT

US-Venezuela relations at lowest point in history

In a speech that was televised to the nation, Venezuela's leader Nicolas Maduro noted that relations between the US and Venezuela are at their lowest point in history. He also called President Donald Trump for a direct dialogue.

Wed, 23 Aug 2017 02:54:24 GMT

LG Electronics to open factory in Michigan

LG Electronics announced its plans to open a new plant in Hazel Park, Michigan in 2018, bringing more than 290 new high-paying jobs to the state.

Wed, 23 Aug 2017 02:53:43 GMT

British employers reveal weakest hiring confidence since Brexit

The UK employers tended to show less willingness to invest and hire, as their confidence dropped to the lowest level since Brexit vote, a survey showed.

Wed, 23 Aug 2017 02:00:39 GMT

Romania to establish state company to enhance farming product trade

Within the shortest period of time, Romania would set up a state-owned company aimed to handle with local farming products' imports and exports.

Wed, 23 Aug 2017 01:58:46 GMT

NZ government raises expectations for budget surplus in 2016/17

The government of New Zealand raised its anticipations for a 2016/17 budget surplus on a jump in tax revenues, though it cut GDP growth expectations for the same period.

Tue, 22 Aug 2017 20:12:11 GMT

Tillerson urges Pakistan to choose different approach to terrorism

On Tuesday, the US Secretary of State Rex Tillerson underlined that Pakistan must find a different approach to fight against terrorism in order to rely on the US support in this area.

Tue, 22 Aug 2017 20:12:01 GMT

Total becomes top producer in North Sea

In result of the $7.45B Maersk Oil deal, Total became the second-largest oil producer in the North Sea, thus outperforming its closest rival Royal Dutch Shell.

Tue, 22 Aug 2017 19:08:36 GMT

Sources: Chevron CEO will resign in September

According to a source familiar with the matter, the Chevron Corp CEO John Watson will leave his post in the early autumn and likely be replaced by Mike Wirth, the company's Vice Chairman.

Tue, 22 Aug 2017 19:07:43 GMT

Saudi crown prince meets with Trump envoys

According to the Saudi news agency SPA, Mohammed bin Salman met Jared Kushner and other high ranking US officials on Tuesday and discussed the Israeli–Palestinian conflict.

Tue, 22 Aug 2017 18:02:21 GMT

North Korea refuses to surround nuclear arms

On Tuesday, the Pyongyang envoy Ju Yong Chol said that North Korea will continue to develop its nuclear deterrence arsenal as long as the US continue to conduct a hostile foreign policy.

Tue, 22 Aug 2017 18:02:00 GMT

OAS owner Mata Pires dies at age 68

Cesar Mata Pires, the co-founder and owner of Brazilian multinational conglomerate OAS SA, died of a heart attack at the age of 68.

Tue, 22 Aug 2017 16:53:54 GMT

LexisNexis recalls two products from China's market

The porvider of regulatory, legal and busines information LexisNexis announced that it withdrew two of its products from the China's market after being asked to delete some content.

Tue, 22 Aug 2017 16:53:05 GMT

Brexit uncertainty to result in 41% drop in air travel

Unclarities surrunding the state of flights between the European Union and the UK after Brexit are likely to cause a huge fall in air traffic from the UK airports.

Tue, 22 Aug 2017 15:52:43 GMT

Nestle, Tyson, Uniliver join IMB project on blockchain

Nestle, Tyson, Uniliver and other large retail and food companies joined the project of IBM aimed to explore the blockchain techology's help in tracking food supply chains.

Tue, 22 Aug 2017 15:52:18 GMT

IKEA to provide $212M for building supply centre in Malaysia

Furniture retailer IKEA is set to invest nearly $212M to build one of the company's largest supply and distribution centres in Malaysia.

Tue, 22 Aug 2017 14:59:02 GMT

Indonesia to purchase Russian jets for $1.14B

Indonesia would buy eleven Sukhoi fighter jets from Russia with total worth of $1.14B, which will be paid in cash and Indonesian commodities.

Tue, 22 Aug 2017 14:58:08 GMT

Germany, France, Italy ask to enhance powers preventing foreign acquisitions

Germany, Italy and France asked the European Union to strengthen regulations that allow its member states to block European companies' foreign acquisitions.

Tue, 22 Aug 2017 13:51:47 GMT

Major soft drink companies decrease sugar amount in Singapore

Seven large soft drink companies, including PepsiCo and Coca-Cola, will decrease the amount of sugar in their drinks sold in Singapore.

Tue, 22 Aug 2017 13:51:36 GMT

Germany will not immediately increase Afghan troop count

German authorities, following Trumps commitment to Afghanistan war, have announced that they will not be the first to increase troop count in the country, as Germany increased their troop number by 18% already last year.

Tue, 22 Aug 2017 13:18:21 GMT

Divers find missing sailors

The divers of the US Marine Corps and Navy have recovered some remains of previously missing soldiers, which were cut off in the sealed off sections of the United States Ship John. S McCain.

Tue, 22 Aug 2017 13:17:30 GMT

Trump commits to Afghanistan war

President of the US Donald Trump has decided to commit troops to a war in Afghanistan, which the administration named an open-ended . The Taleban have announced that this decision will turn Afghanistan into a graveyard for the US.

Tue, 22 Aug 2017 11:50:34 GMT

Iran flaunts uranium production capabilities

Iran has announced that the country could within five days resume producing enriched uranium, if the nuclear deal of 2015 is revoked.

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