News

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Thu, 14 Dec 2017 15:34:21 GMT

Merkel sees good chance to launch Brexit talks' next phase

Germany's Chancellor Angela Merkel stated on Thursday that she considered there was a great chance to start the next phase of the Brexit talks.

Thu, 14 Dec 2017 15:22:19 GMT

ECB expects GDP and inflation to rise

On Thursday, the European Central Bank surged its GDP and inflation estimates, seeing inflation at 1.7% in 2020 and the GDP at 2.3% versus the previous forecast of 1.8%.

Thu, 14 Dec 2017 14:26:37 GMT

US imports jump in November on petroleum products cost

Import prices in the United States surged 0.7% in November, following the prior month's downwardly revised 0.1% gain, driven by the increased costs of the imported petroleum products.

Thu, 14 Dec 2017 14:03:57 GMT

China not to allow war on Korean peninsula

China's President Xi Jinping stated that war must be avoided on the Korean Peninsula, adding that the issue should be resolved through the peace talks.

Thu, 14 Dec 2017 13:32:51 GMT

Delta Air Lines seeks to order over 100 Airbus jets

Delta Air Lines announced it would place a firm order for about 100 Airbus A321neo planes and optional order for 100 more jets.

Thu, 14 Dec 2017 12:19:27 GMT

Austria's Kurz expects to reach coalition deal by Christmas

The leader of the Austrian Conservatives Sebastian Kurz stated on Thursday that he expected to reach a deal on a new government formation with the far-right Freedom Party by the next week.

Thu, 14 Dec 2017 12:11:18 GMT

Netanyahu calls Teva Pharm to reduce job loss in Israel

Israel's Prime Minister Benjamin Netanyahu called Teva Pharmaceuticals on Thursday to minimise its layoffs and maintain Teva's identity as the Israeli firm.

Thu, 14 Dec 2017 11:26:31 GMT

Saudi Arabia, Russia sign roadmap for atomic energy cooperation

Saudi Arabia and Russia signed a roadmap deal to cooperate in the atomic energy sector, the Russian nuclear company Rosatom reported on Thursday.

Thu, 14 Dec 2017 11:13:18 GMT

Zimbabwe's Mnangagwa urges for Western sanctions end

The new President of Zimbabwe Emmerson Mnangagwa called for the Western sanctions removal, saying that the 2018 elections were closer than "you expected".

Thu, 14 Dec 2017 10:34:19 GMT

Saudi King Salman accepts $19B of economic stimulus steps

The Saudi Arabia King Salman approved $19.2B of measures to help stimulate private sector's growth, as the authorities aim to pull the country's economy out of slump driven by low oil costs.

Thu, 14 Dec 2017 10:23:45 GMT

Russia's Putin to run for re-election in 2018

Russia's President Vladimir Putin made an official statement that he would run for the new Kremlin term as an independent candidate in the March 2018 election.

Thu, 14 Dec 2017 09:33:38 GMT

Sweden to lift minimum pension age as retirees live longest

Sweden is set to raise the minimum retirement age at which working people can take the state pension over the following years, amid an increase in people's average life spans.

Thu, 14 Dec 2017 09:22:07 GMT

Atos shares drop 2.8% after Gemalto's bid rejection

On Thursday, Atos shares plunged as much as 2.8%, following Gemalto chipmaker's rejection of its takeover bid worth $5B.

Thu, 14 Dec 2017 08:33:19 GMT

China accuses US of interfering in its internal affairs

On Thursday, China angered as the United States were interfering in the country's internal affairs by considering the navy visits to the self-ruled country Taiwan.

Thu, 14 Dec 2017 08:24:35 GMT

Disney to buy Murdoch's Fox for over $75B

Walt Disney agreed to buy Rupert Murdoch's film, TV and international businesses 21st Century Fox for more than $75B or $40 per share.

Thu, 14 Dec 2017 07:11:37 GMT

Japan approves corporate income tax cut

On Thursday, the ruling bloc led by Prime Minister Shinzo Abe approved the corporate income tax cut to 20% from 30%. However, the bill is supposed to be applied only for those companies that increase wages aggressively and boost local capital spending.

Thu, 14 Dec 2017 07:03:05 GMT

South Korea seeks four-year prison sentence for Lotte group chief

According to the Lotte group spokesman, South Korean prosecutors are asking a four-year prison term for their chief Shin Dong-bin. In addition to that, they demand a 25-year jail time for South Korean ex-president's friend Choi Soon-sil.

Thu, 14 Dec 2017 05:52:43 GMT

Rakuten aims to become fourth main wireless carrier in Japan

Japan's Rakuten is set to apply for a 4G license, in a bid to become the fourth largest wireless carrier in Japan, while analysts warned over an uphill battle to get consumers.

Thu, 14 Dec 2017 05:51:18 GMT

China's Central Bank raises rates after US Fed

The People's Bank of China hiked interest rate just after the Fed increased its benchmark, as China sought to avoid capital outflows instability without hurting economic expansion.

Thu, 14 Dec 2017 05:27:13 GMT

Airbus considering A380 production cuts

Airbus CEO said that the company was considering cuts of A380 superjumbo jets production up to seven planes per year, but no final decision was made.

Thu, 14 Dec 2017 05:26:33 GMT

UK May urges EU to speed up Brexit talks

Britain's Prime Minister Theresa May urged leaders of the EU to accept an agreement to enter the second phase of Brexit negotiations on Thursday.

Thu, 14 Dec 2017 03:52:45 GMT

World Bank raises Malaysia's growth forecast to 5.8% for 2017

The World Bank raised 2017 growth projection for the Malaysian economy to 5.8%, the strongest yearly expansion in four years, buoyed by improved job market and soaring domestic demand.

Thu, 14 Dec 2017 03:52:21 GMT

Japan's factory activity grows at fastest pace in four years in December

The Markit/Nikkei Manufacturing PMI for Japan increased to 54.2 in December, indicating the strongest activity growth in nearly four years, supported by a rise in new orders.

Thu, 14 Dec 2017 03:27:13 GMT

Chinese property investment growth slows to 7.5% in January-December

Real estate investment in China increased 7.5% in January-November from the similar period a year ago, slowing from a 7.8% rise in the first ten months of the year, official report stated.

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