News

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Sat, 10 Feb 2018 08:15:41 GMT

North Korea's Kim invites South Korea's Moon to visit Pyongyang

On Saturday, the North Korean leader Kim Jong Un invited the South Korean President Moon Jae-in to visit Pyongyang at an early date.

Sat, 10 Feb 2018 07:27:20 GMT

South Korea's Moon Jae-in meets Kim Jong Un's sister at Olympics

On Saturday, the South Korean President Moon Jae-in met the North Korean leader Kim Jong Un's sister at the Olympic Games 2018 in attempt to resolve the standoff over North Korea's nuclear programme.

Sat, 10 Feb 2018 07:24:31 GMT

Audi, Porsche to develop joint electric car platform

The Audi CEO Rupert Stadler reported that the company would partner with Porsche to develop a joint electric car platform that would help them to cut costs.

Sat, 10 Feb 2018 05:58:05 GMT

Philippine Duterte orders army to stop buying from US, Canada

On Friday, Rodrigo Duterte ordered the Armed Forces of the Philippines to stop buying military equipment from countries that impose conditions, including the US and Canada.

Sat, 10 Feb 2018 05:57:22 GMT

White House speechwriter resigns amid domestic abuse allegations

The White House's speechwriter David Sorensen resigned on Friday amid allegations of domestic abuse, the second such resignation from Trump's administration in a week.

Sat, 10 Feb 2018 05:23:59 GMT

Trump picks Schadlow as new Vice National Security Adviser

Sources close to the matter reported that the US President Donald Trump would appoint Nadia Schadlow as the Vice National Security Adviser, following Dina Powel's resignation.

Sat, 10 Feb 2018 05:22:56 GMT

Former Australian Treasurer Swan to leave politics

Official sources reported on Saturday that the ex-Australian Treasurer Wayne Swan would leave politics at the next election.

Fri, 09 Feb 2018 20:51:25 GMT

Audi reports sharp sales increase in China during January

The German car manufacturer Audi AG reported on Friday the sale of 60 875 vehicles to Chinese customers in January which is a year-on-year increase of 73%.

Fri, 09 Feb 2018 20:51:15 GMT

OECD: mobile data plans exceeded residents in developed nations last year

According to OECD, the number of mobile data plans outnumbered residents in developed countries in 2017, as increased competition and regulation resulted in a fall in access costs.

Fri, 09 Feb 2018 19:54:57 GMT

Trump signs budget deal to stop brief government shutdown

The US President Donald Trump signed a deal on Friday that ended the brief government shutdown; budget deficit is estimated to reach around $1T per year.

Fri, 09 Feb 2018 19:54:47 GMT

Shares of FedEx, UPS decline in response to Amazon's new delivery service

Shares of FedEx Corp and United Parcel Service Inc plunged by 2% on Friday, following a report that Amazon.com is to introduce a delivery service for business clients.

Fri, 09 Feb 2018 18:57:19 GMT

EU's Barnier says Brexit transition deal 'not a given'

The EU's negotiator Michel Barnier told media on Friday that a Brexit transition deal was 'not a given' if the current disagreement between the block and the UK persisted.

Fri, 09 Feb 2018 18:56:45 GMT

Uber, Waymo settle dispute over confidential information

Uber has reached a settlement with Alphabet Inc's self-driving vehicle unit Waymo over confidential information by agreeing to pay $245M to its rival.

Fri, 09 Feb 2018 18:05:53 GMT

Bank of America approves $21.5M equity incentive compensation for CEO Moynihan

The board of Bank of America Corp approved on Friday the CEO Brian Moyninhan's equity incentive reward for 2017 worth $21.5M.

Fri, 09 Feb 2018 18:03:50 GMT

Airbus agrees to pay $99M penalty for Eurofighter sale to Austria

Airbus has agreed to pay a $99M penalty ordered by Munich public prosecutors in connection with the sale of Eurofighter jets to Austria in 2003.

Fri, 09 Feb 2018 17:15:34 GMT

IBS CEO says weaker rouble, sanctions bolster demand for local IT products

The CEO of the Russia-based IT company IBS told media on Friday that weaker rouble and the fear of sanctions had increased considerably demand for locally-produced software.

Fri, 09 Feb 2018 17:13:31 GMT

Kyodo: Japan's government to nominate Kuroda for second term as BOJ governor

The Japanese government is set to nominate Haruhiko Kuroda as the Governor of the Bank of Japan for the second term, the news agency Kyodo reported on Friday.

Fri, 09 Feb 2018 16:08:38 GMT

Oil falls to one-week low on Friday amid supply concerns

Oil prices dropped to a six-day low on Friday, as a record crude output from the United States added to concerns about a considerable increase in global oil supplies.

Fri, 09 Feb 2018 16:05:48 GMT

US wholesale inventories higher than expected in December

US wholesale inventories increased by 0.4% month-on-month in December, compared to the forecast of 0.2%, the Commerce Department reported on Friday.

Fri, 09 Feb 2018 15:33:30 GMT

Duterte seeks cancelling $233M helicopter deal with Canada

The Philippines' President Rodrigo Duterte ordered the military on Friday to cancel a $233M deal with Canada to buy 16 helicopters amid the country's concerns the buyer could use the jets to fight rebels.

Fri, 09 Feb 2018 14:34:18 GMT

Google to begin using Getty Images content for products, services

Alphabet's Google is planning to use the Getty Images content within its services and products as part of their licencing partnership with the photo agency.

Fri, 09 Feb 2018 14:30:56 GMT

Macron urges Putin to put end to Syrian crisis

On Friday, France's President Emmanuel Macron called on the Russian President Vladimir Putin to put all his efforts to ensure Syria's government terminates humanitarian crisis in the country.

Fri, 09 Feb 2018 13:28:40 GMT

Trump to ink US stopgap funding bill into law on Friday

The US President Donald Trump is set to sign the stopgap funding bill into a law this Friday, as part of re-opening the federal government following its shutdown at midnight.

Fri, 09 Feb 2018 13:23:43 GMT

SPD senior members call Schulz for resignation

The Social Democratic Party's senior members seek the leader Martin Schulz to quit his post of the Foreign Minister, according to the Bild newspaper.

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