News

Note: This section contains information in English only.
Wed, 20 Sep 2017 16:55:48 GMT

Economists suggest BoE mistake in raising rates now

The Bank of England is widely expected to hike interest rates for the first time in ten years at the next meeting in November, while economists sees such a move as a mistake.

Wed, 20 Sep 2017 16:08:52 GMT

Japan's Abe pledges "daring" policies to fuel economic growth

Japan's PM Shinzo Abe promised to implement "daring" policies targeting the budget, regulation and taxes to promote investments in the country.

Wed, 20 Sep 2017 16:06:21 GMT

General Mills reports smaller profit on weak cereal, yogurt sales

General Mills revealed that the company's quarterly profit rose less than expected being affected by weaker sales of cereals and yogurts in North America.

Wed, 20 Sep 2017 15:15:02 GMT

US existing home sales drop to yearly low

The National Association of Realtors revealed that home resales in the US decreased 1.7% to the weakest level in a year over the course of August, as hurricanes depressed activity.

Wed, 20 Sep 2017 15:13:48 GMT

Britain's retail sales jump 1.0% in August

The Office for National Statistics reported that the UK retail sales a marked stronger-than-expected increase of 0.1% in August, fuelling expectations for the BoE rate hike in November.

Wed, 20 Sep 2017 14:33:09 GMT

Sika seeks to accelerate acquisition drive

Swiss chemical group Sika is willing to step up the acquisition drive with more deals in the following 15 months, aiming to buy about six firms by the next year's end.

Wed, 20 Sep 2017 14:24:44 GMT

Tech firms say not possible to remove extremist content quickly

On Wednesday, Google's General Counsel is eager to speak to the EU leaders on behalf of tech firms over impossibility to remove extremists' content from the Internet as quickly as the bloc requests.

Wed, 20 Sep 2017 13:33:30 GMT

UK makes no concrete offer on Brexit bill to Berlin

Germany's government spokesman stated that Berlin had not received a concrete Brexit settlement proposal from Britain regarding the price of the bill it was eager to pay for leaving the EU.

Wed, 20 Sep 2017 13:27:39 GMT

Israeli PM urges to change or cancel Iran nuclear deal

The Prime Minister of Israel Benjamin Netanyahu called the world for the Iran nuclear accord change or cancellation, a few hours after the US President Donald Trump declared against the agreement.

Wed, 20 Sep 2017 11:52:59 GMT

Digital Shadows raises $26M from Octopus Ventures

British cyber-security company Digital Shadows raised $26M in funding from Octopus Ventures to develop its technology that scans the Internet for various threats to businesses.

Wed, 20 Sep 2017 11:52:47 GMT

T-Mobile US considers Sprint takeover

The American wireless company T-Mobile US is considering a takeover of Sprint Corp after SoftBank Group announced it would like to give up the majority of its Sprint's ownership.

Wed, 20 Sep 2017 10:08:53 GMT

Hurricane Maria's power plunges to Category 4

According to the US National Hurricane Center, Hurricane Maria's power has decreased to a Category 4 on the Saffir–Simpson scale on Wednesday. Nevertheless, it remains "extremely dangerous".

Wed, 20 Sep 2017 09:58:24 GMT

British police arrests three suspects in London attack in Wales

On Tuesday, the UK law enforcement agencies arrested three men in Wales that are suspected in the last week's London train attack, which injured at least 30 people.

Wed, 20 Sep 2017 09:57:46 GMT

Saudi Arabia to remove ban on internet phone calls

Saudi Arabia is to lift the ban on internet phone calls this Thursday in order to increase non-oil revenue, a government representative reported.

Wed, 20 Sep 2017 09:51:22 GMT

US companies join forces to protect DACA

Target Corp, PepsiCo Inc and Wal-Mart Stores Inc are among nearly 800 companies that have requested Congress to protect the rights of the so-called ‘Dreamers' under DACA.

Wed, 20 Sep 2017 09:32:52 GMT

Spanish police arrest Catalonia's official during raid

The Catalonian Junior Minister Josep Maria Jove was arrested on Wednesday by the Spanish police amid raid on regional government's offices weeks before an unauthorised independence referendum.

Wed, 20 Sep 2017 09:23:55 GMT

ABB to deliver 117 e-vehicle charging stations to Germany

The Swiss company ABB stated on Wednesday it would deliver 117 charging stations for electric vehicles to Germany's power utility EnBW with plans to install them on the country's motorways.

Wed, 20 Sep 2017 08:32:03 GMT

Diageo sees sales drop amid highway liquor ban in India

The Johnnie Walker and Smirnoff vodka maker Diageo expects a major drop in its sales, following the ban on alcohol outlets within 500 metres of Indian state and national highways.

Wed, 20 Sep 2017 08:23:06 GMT

UK police arrest third suspect in London bomb attack

Third suspect in the last week's London train attack, which left 30 people injured, was arrested by the British police on Tuesday in the Wales city of Newport.

Wed, 20 Sep 2017 07:33:37 GMT

Mexico earthquake death toll rises to 226

The number of people who died in the catastrophic earthquake on Tuesday surged to 226, as a 7.1-magnitude quake toppled buildings and sparked fires in Mexico City.

Wed, 20 Sep 2017 07:27:32 GMT

Powerful Hurricane Maria heads to Puerto Rico

Powerful Hurricane Maria that has already left one person dead and battered the US St. Croix Virgin Island, is expected to hit Puerto Rico with its severe winds and devastating storms.

Wed, 20 Sep 2017 06:16:27 GMT

Toshiba selects US Bain to buy its memory chip unit

Japanese tech giant Toshiba has selected the US private equity company Bain Capital as buyer of its memory chip business, the sources familiar with the issue reported on Wednesday.

Wed, 20 Sep 2017 06:09:27 GMT

Uber reviews Asia operations over bribery allegations in US

Uber Tech has launched a review of its Asian business, notifying the US about its staff payments made in Indonesia, amid the ride-hailing company is investigated over bribery laws breach.

Wed, 20 Sep 2017 05:26:50 GMT

US import prices up 0.6% in August

The US Bureau of Labour Statistics said on Tuesday that import prices were up 0.6% over the course of August, snapping a three-month losing streak.

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