News

Note: This section contains information in English only.
Tue, 27 Jun 2017 20:07:58 GMT

Nestle rolls out share buyback program

In a move to create shareholder value, Nestle on Tuesday announced that its board of directors had approved a share buyback program of up to $20.8B, to be finalized by the end of June 2020.

Tue, 27 Jun 2017 20:07:41 GMT

US lists China among worst human trafficking offenders

US declared China among the world's worst offenders on human trafficking, putting the world's most populous country in the same category as North Korea, Zimbabwe and Syria.

Tue, 27 Jun 2017 19:05:32 GMT

95 tower blocks fail cladding fire safety checks

Latest figures showed that cladding on 95 buildings from 32 areas had so far been checked in the wake of the Grenfell disaster, and all had failed to meet safety standards.

Tue, 27 Jun 2017 19:05:20 GMT

IMF cuts forecasts for US economic growth

The International Monetary Fund has cut its growth forecasts to 2.1% in 2017 and 2018 for the US economy due to uncertainty about White House policies.

Tue, 27 Jun 2017 17:57:29 GMT

BlackRock to acquire Cachematrix

BlackRock has entered into a definitive agreement to acquire Cachematrix, a leading provider of financial technology, marking its second investment in a technology firm this month.

Tue, 27 Jun 2017 17:57:16 GMT

Iraqi forces battle IS militants in Mosul

Counterattacks by Islamic State militants on the western edge of Mosul have stalled Iraqi forces' push in the Old City, the last IS stronghold in the battle, an Iraqi officer said on Tuesday. 

Tue, 27 Jun 2017 16:50:46 GMT

Massive cyber-attack spreading across Europe

Ransomware known as Petya seemed to have re-emerged to affect computer systems across Europe, causing issues primarily in Ukraine, Russia, England and India.

Tue, 27 Jun 2017 16:50:36 GMT

Syrian President visits Russian airbase after US regime threats

Syria's President Bashar Al-Assad made his first visit to the Russian modified Hmaymim Airbase in the Latakia Governorate's Jableh District this afternoon, a local military source reported.

Tue, 27 Jun 2017 15:59:06 GMT

Russia blasts US "threat" over possible Syria chemical attack

Russia on Tuesday dismissed the US warning about a potential chemical weapons attack by Syria as an "unprecedented provocation," and the Kremlin called the accusations against "unacceptable."

Tue, 27 Jun 2017 15:58:42 GMT

Germany and Iran call for negotiations in crisis with Qatar

The foreign minister of Germany said that the crisis over Gulf Arab state's dispute with Qatar would only get worse, and appealed on all sides to engage in direct dialogue.

Tue, 27 Jun 2017 15:17:23 GMT

Russian oil giant Rosneft hit by powerful cyber-attack

Russian state oil giant Rosneft reported on Tuesday that its servers had suffered a "powerful" cyber-attack, but insisted that production had not been hit. 

Tue, 27 Jun 2017 15:17:12 GMT

Ukraine hit by massive cyber-attack

A massive cyber-attack hit Ukraine on Tuesday, bringing down the government's website and sparking officials to warn that airline flights to and from Kiev could face delays.

Tue, 27 Jun 2017 14:19:41 GMT

Scotland will not vote again

The Scottish government has abandoned the immediate plans to have a second independence referendum. The government wants to see the final Brexit terms before acting further.

Tue, 27 Jun 2017 13:19:48 GMT

Google faces organizational problems

Although Google's self-proclaimed mission is to organize the information of the world, the company has revealed what is its largest challenge. On Tuesday Reuter's analysts have stated that the company faces organizational problems due to the large diversification of the company.

Tue, 27 Jun 2017 13:18:56 GMT

Sprint shares jump

The share price of the US mobile network operator Sprint jumped on Tuesday. The reason for the jump was the published information that the fourth largest network provider was in talks with Charter Communications and Comcast companies about a partnership.

Tue, 27 Jun 2017 11:54:05 GMT

Western Digital resubmits offer for Toshiba unit

Wester Digital Corp and a US private equity company KKR&Co LP resubmitted their offer for Toshiba's memory chip unit at the last minute ahead of Wednesday's shareholders meeting.

Tue, 27 Jun 2017 11:51:07 GMT

US Dollar eases ahead of Fed Yellen's speech

The US Dollar edged lower ahead of Fed Chair Janet Yellen's speech on Tuesday that may signal a possible interest rate hike later this year.

Tue, 27 Jun 2017 11:03:56 GMT

Timmermans says France and Germany to lead EU's integration after Brexit

The First Vice-President of the European Commission Frans Timmermans told Reuters that Germany and France are to lead post-Brexit reforms to ensure greater EU's integration.

Tue, 27 Jun 2017 10:59:53 GMT

EU fines Google with €2.42B for favouring its own shopping service

The EU hit Google with a €2.42B ($2.7B) fine on Tuesday for favouring its shopping service and demoting rival services, thus violating the region's antitrust rules.

Tue, 27 Jun 2017 10:09:50 GMT

Citi believes UK government is not stable

According to a research note published by the Citigroup, the UK might have another snap election within the year, as the current May's government is not stable. 

Tue, 27 Jun 2017 10:09:23 GMT

US Commerce Secretary cancels visit to Germany

Brigitte Zypries, the German Economy Minister, said on Tuesday that the US Commerce Secretary Wilbur Ross at the last moment has canceled a visit to Germany without stating any reasons. 

Tue, 27 Jun 2017 09:15:41 GMT

US to support YPG after Raqqa' s seizure

Jim Mattis, the US Defense Secretary, said on Tuesday that the US might continue to supply military equipment to the YPG even after Raqqa's fall. 

Tue, 27 Jun 2017 09:14:32 GMT

UNHRC official criticizes May

Zeid Ra'ad al-Hussein, the UN High Commissioner for Human Rights, said that May' s remark that laws could be changed if they prevent effective fight against terrorism are "highly regrettable", as such approach untie the hands of dictators to abuse human rights.

Tue, 27 Jun 2017 08:21:02 GMT

Philippines refuses to negotiate with Islamist militants

Ernesto Abella, the presidential spokesman, said on Tuesday that Philippines will not conclude any deals with militants that occupy southern part of the Marawi city, as it contradicts to the state's policy. 

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