News

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Mon, 20 Feb 2017 14:30:15 GMT

Amazon to launch fifth logistic centre in Poland

Amazon.com Inc. seeks to boost its profit by opening the fifth logistic centre in Poland in 2017; the company has already employed over 7K people in its three other centres in the West of Poland.

Mon, 20 Feb 2017 14:14:37 GMT

UK Parliament to question Clark over GM-Peugeot deal

The British Parliament is eager to call business minister Greg Clark to ask him a few questions about the Peugeot's takeover offer to GM concerning its van plants and Vauxhall vehicle in the UK.

Mon, 20 Feb 2017 13:30:26 GMT

UK Unite head to discuss GM deal with Peugeot chief

The UK Unite trade union's chief Len McCluskey is eager to meet the Peugeot CEO Carlos Tavares within next days for the possible takeover of the GM European Operations discussion.

Mon, 20 Feb 2017 13:26:32 GMT

Four Russian soldiers dead amid bomb blast in Syria

According to the Russian Ministry of Defense report on Monday, four members of the Russian military were dead and two more wounded in Syria last week, as a radio-guided bomb blasted their car.

Mon, 20 Feb 2017 12:20:42 GMT

Four Opel plants to remain running in Germany

According to the German Sunday paper, PSA vowed it would leave the Opel's four manufacturing sites in Germany operating as a part of the GM-PSA takeover deal.

Mon, 20 Feb 2017 12:20:07 GMT

Turkish soldiers to face trial over Erdogan murder attempt

Over 40 Turkish soldiers who were accused of the President Tayyip Erdogan attempted assassination faced the trial on Monday; prosecutors claim for life sentences.

Mon, 20 Feb 2017 11:01:16 GMT

Unilever shares plunge as Kraft Heinz gives up on takeover bid

The unexpected decision of Kraft Heinz to cancel the proposed takeover of Unilever sent the Anglo-Dutch giant's shares down 8% on Monday.

Mon, 20 Feb 2017 11:01:03 GMT

Singapore brings out larger 2017-2018 budget

The Finance Ministry of Singapore revealed a larger 2017-2018 fiscal year budget in order to back struggling sectors of the economy and keep a surplus for a rainy day.

Mon, 20 Feb 2017 10:30:40 GMT

Beijing Communist Party ex-official jailed for bribery

According to the Chinese state television, the former head of the Beijing Communist Party Lu Xiwen was sentenced to 13 years in prison for graft as she pleaded guilty to accepting bribes worth $2.73M.

Mon, 20 Feb 2017 10:30:14 GMT

Russia to launch helicopters delivery to India next year

On Monday, the CEO of Russian Helicopters, the state-run helicopter design and manufacturing company, said Russia would launch delivery of military choppers to India next year.

Mon, 20 Feb 2017 09:29:15 GMT

Iraqi forces to fight for western Mosul

The Iraqi forces are moving towards the Mosul airport, intending to make it a support base to re-take the west of the city from the Islamic State group.

Mon, 20 Feb 2017 09:27:46 GMT

Greece requires far less money in latest bailout

According to the Euro zone bailout fund director, Greece needs less in emergency funds than it was specified in the third bailout programme as its budget development performs better than estimated.

Mon, 20 Feb 2017 08:27:32 GMT

Pirate attack leaves one dead and seven kidnapped

On Sunday, armed pirates attacked the Vietnamese ship in the southern Philippines, killed one of the crew members and kidnapped seven others. The Coastguard managed to rescue the rest 17 crewmen.

Mon, 20 Feb 2017 08:08:54 GMT

SoftBank shares climb 3% amid Sprint decision

On Monday, the SoftBank shares have climbed about 3% after the announcement that the company intends to transfer control over Sprint to the US T-Mobile corporation, therefore to merge two US wireless operators.

Mon, 20 Feb 2017 07:28:25 GMT

Kim Jong-nam murder suspects hide in Dubai

According to the Indonesian immigration authorities, three suspects in the North Korea President's half-brother killing took a flight to Dubai from Jakarta after the assault.

Mon, 20 Feb 2017 07:27:31 GMT

North Korea officials to visit US for negotiations

Washington is preparing to bring the North Korean top officials to the US for negotiations with the American ex-authorities as it will be a key indicator whether Kim Jong Un is eager to deal with Trump administration.

Mon, 20 Feb 2017 06:01:41 GMT

Greenback flags as US yields go down

Following a drop in bond yields, the US Dollar was under pressure against the Japanese Yen, hovering around 113.09 on Monday, slightly above the 112.62 mark touched on February 17.

Mon, 20 Feb 2017 06:01:27 GMT

Police break in Dhammakaya Temple in search for monk suspected of fraud

On Monday, the Thai police broke into the scandalous Dhammakaya Temple in an attempt to find Phra Dhammachayo, a 72-year-old clergyman suspected of money laundering.

Mon, 20 Feb 2017 05:23:41 GMT

Uber's Kalanick wants investigation into ex-employee's sexual advances claims

Uber Technologies Chief Executive Travis Kalanick urged to start an immediate investigation into statements about sexual molestation raised by an ex-employee Susan Fowler.

Mon, 20 Feb 2017 05:22:53 GMT

Amazon to add at least 5K jobs in UK this year

On Monday, Amazon announced its plans to create over 5,000 positions in the UK over the course of the year despite the uncertainty established on the market in the wake of Brexit.

Sun, 19 Feb 2017 22:18:02 GMT

Republicans seek further sanctions on Iran

On Sunday, a US senator and a member of the Senate Armed Services Committee, Lindsey Graham, stated that US Republican senators are willing to impose more sanctions on Iran for continued ballistic missile development and testing.

Sun, 19 Feb 2017 22:07:05 GMT

Italy to be warned on Wednesday

A EU official said that Italy is to be issued a warning by the European Commission on Wednesday about possible disciplinary actions to be taken against Italy for failing to reduce its enormous public debt as it is required by the EU laws.

Sun, 19 Feb 2017 21:22:24 GMT

Ecuador's transgender people vote according to gender

Ecuadorian transgender people were able to vote according to the gender they chose, highlighting a sign of progress for the Catholic Andrean and socially conservative nation.

Sun, 19 Feb 2017 21:21:28 GMT

Kraft withdraws merger proposal with Unilever

Kraft Heinz Co, the US food company, has withdrawn the $143 merge proposal made to Unilever Plc, the company's largest rival, amid refusal of public disclosure of the deal. 

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