News

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Fri, 06 Apr 2018 05:38:00 GMT

Facebook to pay $33M fine for failing to help Brazil graft probe

Facebook has been fined $33M by Brazil's judge for failing to collaborate with a corruption inquiry, the federal prosecution stated on Thursday.

Fri, 06 Apr 2018 05:36:01 GMT

Facebook shares surge as Zuckerberg calms down investors

On Thursday, shares of Facebook surged 4.2% after its CEO Mark Zuckerberg smoothed investors by saying that the social network had not noticed any strong impact on ad sales linked to data privacy row.

Fri, 06 Apr 2018 04:38:08 GMT

South Korea searches Samsung unit's offices amid sabotage probe

South Korea's prosecution raided offices at Samsung Elec.'s unit on Friday on the back of a probe into the alleged union sabotage, Yonhap News Agency reported.

Fri, 06 Apr 2018 04:34:32 GMT

Malaysia's PM to dissolve Parliament on Friday

On Friday, Malaysia's Prime Minister Najib Razak is set to announce the Parliament dissolution at 0330 GMT, paving the path for the country's general election.

Fri, 06 Apr 2018 03:28:12 GMT

Japan's online brokerage to purchase Coincheck for $33.6M

Monex Group, Japan's online brokerage business, stated that it would acquire the Tokyo-based cryptocurrency exchange firm Coincheck for $33.6M.

Fri, 06 Apr 2018 03:22:59 GMT

Samsung tips record-high profit in Q1

Samsung Electronics reported an unexpectedly high profit in the Q1, though the market's reaction was muted amid raising concerns that the semiconductor boom is likely to end.

Fri, 06 Apr 2018 01:54:27 GMT

Japanese average cash earnings rise 1.3% in February

The MHLW reported that average cash earnings grew 1.3% in February, following the preceding month's rise of 1.2% and surpassing analysts' expectations for a 0.5% climb.

Fri, 06 Apr 2018 01:53:46 GMT

Japanese household spending grows less than expected

Japan's Statistics Bureau reported on Friday that household spending rose 0.1% in February, after climbing 2.0% in the prior month, whereas analysts anticipated an increase of 0.3%.

Thu, 05 Apr 2018 19:52:06 GMT

German court to release ex-Catalan leader on bail

On Thursday, a German court reported that the former Catalan President Carles Puigdemont would be released on bail and could be extradited to Spain on corruption charges.

Thu, 05 Apr 2018 19:51:22 GMT

Vivendi unveils Telecom Italia board candidates

Vivendi, a French multinational mass media conglomerate, has released a list of candidates for the new Telecom Italia board.

Thu, 05 Apr 2018 19:15:08 GMT

Oil prices rise on equity rally, Saudi Arabia's oil price hike

Oil prices jumped on Thursday, boosted by US stock-market gains and an unexpected hike in oil prices by Saudi Arabia.

Thu, 05 Apr 2018 19:07:12 GMT

French final exams to take place despite protests

The French Prime Minister stated on Thursday that final university exams would be held as scheduled despite ongoing students' protests against Emmanuel Macron's economic reforms.

Thu, 05 Apr 2018 18:20:24 GMT

South Korean fighter jet crashes near Seoul

On Thursday, South Korean Defence Ministry stated that a fighter jet has crashed into a mountain southeast of Seoul with two pilots presumed dead. 

Thu, 05 Apr 2018 18:04:26 GMT

White House adviser says US administration will help farmers

On Thursday, the White House trade adviser Peter Navarro defended the position of Donald Trump on trade actions against China, adding that the administration will help farmers hit by trade tensions.

Thu, 05 Apr 2018 17:06:21 GMT

Uber to suspend operations in Greece

On Thursday, ride-sharing app Uber claimed that it will suspend its service in Greece after the approval of the new legislation that would impose stricter rules on ride-hailing companies.

Thu, 05 Apr 2018 17:00:23 GMT

Italian parliamentary coalition talks fail

On Thursday, Italian President Sergio Mattarella claimed that parliamentary talks aimed to resolve Italian political crisis failed and the next round of talks will be organised on the next week. 

Thu, 05 Apr 2018 15:57:42 GMT

Merkel to meet Trump in April

On Thursday, a senior US official said that German Chancellor Angela Merkel and the US President Donald Trump will meet on April 27 to discuss Iran nuclear deal and trade tensions with China.

Thu, 05 Apr 2018 15:57:09 GMT

Trump economic adviser says trade deal with China is possible

The economic adviser of the US President Donald Trump Larry Kudlow said that a trade deal between China and the US is possible over time after both sides work out their trade differences. 

Thu, 05 Apr 2018 15:17:48 GMT

Sirin Labs and Foxconn work on blockchain smartphone

Sirin Labs, Swiss-Israeli technology company, claimed that FIH Mobile LTD, a subsidiary of electronics manufacturer Foxconn, will manufacture the blockchain smartphone Finney. 

Thu, 05 Apr 2018 15:05:34 GMT

Trump continues attacking Washington Post on Twitter

The US President Donald Trump continued attacking Amazon.com and The Washington Post, the newspaper fully owned by Amazon founder Jeff Bezos, calling it a "chief lobbyist" of Amazon.

Thu, 05 Apr 2018 14:21:22 GMT

EZ retail sales up 0.1% in February

Data released by Eurostat showed that the volume of retail trade in the Euro zone was up 0.1% over the course of February.

Thu, 05 Apr 2018 14:20:14 GMT

UK services PMI comes in at 51.7 in March

According to the data released by Markit on Thursday, the UK's services PMI dropped to 51.7 points in March, missing analysts' expectations for a 53.9-point reading.

Thu, 05 Apr 2018 13:24:13 GMT

Monsanto's quarterly profit misses forecasts

Profits of the US-based seeds and agrochemicals company Monsanto Co missed analysts' estimates on Thursday, being negatively affected by lower sales volumes and corn prices.

Thu, 05 Apr 2018 13:14:29 GMT

US trade deficit reaches new high in February

The US trade deficit rose 1.6% to a nine-year high of $57.6B in February, being partly affected by an increase in commodity prices, the US Commerce Department reported on Thursday.

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