News

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Fri, 07 Jul 2017 09:34:50 GMT

World leaders to hold tough talks with US Trump on climate

The world top economies' leaders prepared for tough talks on climate and trade with the US Presdient Donald Trump on Friday, following the G20 summit launched on July 7.

Fri, 07 Jul 2017 09:26:25 GMT

Three dead amid Nickel mine gas blast in Norilsk

On Friday, an explosion of methane gas in the Norilsk Nickel mine of Russia left at least three people dead and several others injured.

Fri, 07 Jul 2017 08:32:44 GMT

Schaeuble calls off school event close to G20 amid security situation

On Friday, Germany's Finance Minister Wolfgang Schaeuble cancelled a school event with pupils near the G20 summit in Hamburg amid the security situation.

Fri, 07 Jul 2017 08:25:29 GMT

VW to call off 2.370 cars in Russia

According to the Russian standards agency, Volkswagen aimed to recall 2.370 vehicles, including Audi A3 models sold in Russia in the period of time from 2004 to 2012 amid technical fault.

Fri, 07 Jul 2017 07:33:37 GMT

Former civil servant Bajwa becomes central bank governor

The Pakistani authorities named the ex-Finance Ministry official Tariq Bajwa as a new governor of the central Bank on Friday.

Fri, 07 Jul 2017 07:30:36 GMT

Dutch Cabinet unwishes to host Turkish Vice PM

On Friday, the Dutch Cabinet stated that the Turkey Vice PM Tugrul Turkes was not welcome in the Netherlands for Turkish expatriates ceremony.

Fri, 07 Jul 2017 06:29:23 GMT

Hamburg police injured in protests ahead of G20 summit

Dozens of Hamburg police men were injured in protests right ahead of the G20 summit on Thursday, tarnishing the Chancellor Angela Merkel's success to be re-elected in September.

Fri, 07 Jul 2017 06:12:51 GMT

Trump vows to stand firm against North Korea's missile programme

On Thursday, the US President Donald Trump pledged to stand firm against North Korea and its nuclear missile programme, following the country's recent launch of an ICBM, sparking another outrage among nations.

Fri, 07 Jul 2017 05:31:54 GMT

28 dead amid bloody prison fight in Mexico

No less than 28 inmates were murdered in a brutal prison fight in the Mexican city of Acapulco on Thursday; an incident considered as the most violent in recent years.

Fri, 07 Jul 2017 04:29:49 GMT

Maersk to unveil possible financial impact after cyber attack later

Maersk stated on Friday that it would not hurry to predict any financial impact on its Q2-Q3 results after a major cyber attack had hit the company and caused computer outage all over the world.

Fri, 07 Jul 2017 04:15:54 GMT

Trump-Putin meeting takes place at G20 summit on July 7

On Friday, the leaders of Russia and the US, Vladimir Putin and Donald Trump are supposed to hold a meeting for the first time at the G20 summit to discuss cooperation between the two countries.

Fri, 07 Jul 2017 02:58:43 GMT

EU, Africa FMs to introduce new migration scheme

European Union's and African Foreign Ministers accepted a new scheme defining how to manage migration, assist refugees and improve migration channels.

Fri, 07 Jul 2017 02:56:05 GMT

Trump discuss NATO, energy security, while visiting Poland

US President Donald Trump, during visit to Poland, discussed the main issues, such as the role of NATO, the Free Seas Initiative and energy security.

Fri, 07 Jul 2017 02:07:59 GMT

Ukraine signed law to proceed moving towards NATO

Ukrainian President Petro Poroshenko revealed that he signed a new law for Ukraine to resume the course towards joining the NATO, the key factor of the country's policy.

Fri, 07 Jul 2017 02:06:56 GMT

Microsoft starts to cut jobs, mostly outside US

Microsoft began to send layoff notices to employees with the most of them involved in marketing and sales operations and mostly located outside US.

Thu, 06 Jul 2017 20:13:10 GMT

Microsoft to cut huge number of jobs all over the world

Microsoft Corp stated that the company was willing to cut thousands of jobs, mostly outside of the US, to reorganise its marketing teams and sales.

Thu, 06 Jul 2017 20:11:53 GMT

Berkshire Hathaway to purchase Oncor

According to the WSJ, the energy unit of the Berkshire Hathaway Inc has neared a deal to purchase Oncor, electric delivery company.

Thu, 06 Jul 2017 19:04:22 GMT

Man shoots two policeman in Gava, Spain

According to the Spanish police, a man who had shot two police officers with a rifle in Gava, Barcelona's province, had been arrested.

Thu, 06 Jul 2017 19:03:19 GMT

Atlanta Fed lowers GDP forecast to 2.7%

According to the Atlanta Fed's GDP forecast model, the US economy would expand at 2.7% annualised pace during the second quarter of 2017 amid latest vehicle sales data and trade balance. 

Thu, 06 Jul 2017 18:13:20 GMT

Trump arrives for G20

The US President Trump has arrived in Hamburg for the G20 summit risking initiation of the wrath of the anti-capitalist demonstrators and isolation on the climate policy.

Thu, 06 Jul 2017 18:12:27 GMT

US new care sales to hit 17.1M units in 2017

According to the NADA, the US new vehicle sales would reach annualised rate of 17.1M units in 2017, if automakers bring under control high inventory levels.

Thu, 06 Jul 2017 17:08:49 GMT

AIG COO to receive sign-on bonus of $15M

New AIG's global COO would receive the sign-on bonus of $15M, apart from the annual base salary of $1.25M, reported the largest US casualty and property insurer.

Thu, 06 Jul 2017 17:05:36 GMT

UK to lose top financial center's status

According to TheCityUK, Britain would lose European Top Financial Center's status unless the government keeps its borders open to specialists and strengthens links with emerging economies.

Thu, 06 Jul 2017 16:29:12 GMT

US services activity rebounds last month

The ISM reported on Thursday that its PMI for the US non-manufacturing sector rose to 57.4 points in June, up from the previous month's 56.9, while analysts anticipated a drop to 56.5.

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