News

Note: This section contains information in English only.
Tue, 03 Oct 2017 04:22:43 GMT

US plans to expel Cuban diplomats

According to sources close to the matter, the White House will expel nearly sixty percent of Cuban diplomatic personnel, as a response to reduction of the US diplomatic presence in Cuba.

Tue, 03 Oct 2017 04:22:31 GMT

Oil prices slip to $55.93

On Tuesday, crude oil prices lost 0.3% and settled down at $55.93 a barrel amid rising worries that global surplus in crude may not be reduced as fast as expected.

Tue, 03 Oct 2017 03:09:42 GMT

Wells Fargo rehires staff pushed aside in scandal

Tim Sloan, the Chief Executive Officer of Wells Fargo & Co, apologised for a scandal on phony accounts and stated that the bank had rehired 2K workers who were fired or had quit.

Tue, 03 Oct 2017 03:08:33 GMT

Japan companies struggle to retain, hire staff as job market tightens

The BoJ survey showed that the country's businesses were struggling to hire and retain workers amid tightening job market, while taking unorthodox measures to avoid the shortage.

Tue, 03 Oct 2017 01:51:28 GMT

Facebook says 10M users from US saw Russia-linked ads

Some 10M users in the United Stated saw politically controversial ads on Facebook, which were purchased in Russia before and after the US Presidential Election last year, the company says.

Tue, 03 Oct 2017 01:50:25 GMT

Uber head to meet transport chief of London in effort to keep license

Dara Khosrowshahi, the new global boss of Uber, is likely to meet with London's transport head in a bid to keep the company's license in one of the most significant foreign markets.

Mon, 02 Oct 2017 20:08:45 GMT

Canadian Home Capital Group cuts 10% of workforce

Home Capital Group Inc, Canadian biggest non-bank mortgage lender, has reduced the workforce by 10% and reaffirmed company's expectations to reach $12M in the future savings.

Mon, 02 Oct 2017 20:06:38 GMT

Canada defends immigration system after knife and car attack

Canada has defended the refugee vetting and immigration system, after a Somali immigrant has been charged with the attempted murder for a knife and car attack, which injured five people.

Mon, 02 Oct 2017 19:15:37 GMT

Uber's British boss to quit amid battle over taxi license

Uber's British executive would quit the taxi hailing application, since the company was looking forward to meet with the London transport regulator regarding their taxi license.

Mon, 02 Oct 2017 19:14:38 GMT

Death toll rises to 58 people in Las Vegas shooting

The death toll rose to 58 people in Las Vegas amid the largest mass shooting in the US history, when a heavily-armed man rained down a gunfire during the music festival.

Mon, 02 Oct 2017 19:04:23 GMT

US fills compliant over Canada's wine retailing

According to the WTO, the US had kept the trade friction with Canada simmering by filling the new version of the trade complaint due to the Canada's wine retailing.

Mon, 02 Oct 2017 18:13:10 GMT

Russian inflationary expectations rise to 9.6% in September

According to Russian Central Bank's Governor, inflation expectations have increased to 9.6% in September, up from 9.5% from the previous month.

Mon, 02 Oct 2017 18:11:26 GMT

Equifax fails to protect client's personal information

Equinox Inc has suffered from hacker attack, during which personal information of over 140 million clients was obtained, said former CEO Smith.

Mon, 02 Oct 2017 17:05:17 GMT

Ford Motor forms team to accelerate electric vehicle development

According to Ford Motor Co Chief Executive, the company has created a team to accelerate the worldwide identification and development of electric vehicle partnership.

Mon, 02 Oct 2017 17:04:16 GMT

Wells Fargo hires back over 1,000 workers

Wells Fargo's CEO Sloan has apologised for the fake accounts scandal and has informed that over 1,000 workers were hired back, who previously were wrongly fired.

Mon, 02 Oct 2017 16:24:37 GMT

Monarch Airlines collapse on weaker Pound and competition

British Monarch Airlines have collapsed on Monday, cancelling flights for at least 900,000 passengers, amid weaker Pound and intense competition.

Mon, 02 Oct 2017 16:11:32 GMT

Wall Street indexes hit record highs

Three major US stock indexes hit the record highs on Monday, boosted by the healthcare and technology stocks after data highlighted economy strength.

Mon, 02 Oct 2017 14:52:45 GMT

Oil plunges on Monday due to higher supply

Oil prices fell below $56 per barrel on Monday due to higher supply from the US and OPEC, thus ending the biggest Q3 boost in 13 years.

Mon, 02 Oct 2017 14:27:11 GMT

Kashkari says Fed policy drives inflation lower

The President of the Federal Reserve Bank of Minneapolis Neel Kashkari said on Monday that weak US inflation was caused by FOMC's own policy rather than transitory factors.

Mon, 02 Oct 2017 13:50:44 GMT

Macron backs Spain's unity

French President Emmanuel Macron on Monday in a conversation with Spain's PM expressed his support of the constitutional unity of Spain.

Mon, 02 Oct 2017 13:37:41 GMT

Catalan leaders ask for mediation

The leader of Catalonia Carles Puigdemont has announced that mediation is needed to solve the Madrid standoff.

Mon, 02 Oct 2017 12:51:34 GMT

Chubb suffers losses

The casualty and property insurer Chubb is estimating to that the maximum losses suffered due to Hurricane Maria will be near $200 million after taxes.

Mon, 02 Oct 2017 12:50:35 GMT

Bangladesh and Myanmar agree on repatriation

The representatives of Bangladesh and Myanmar have agreed to create a working group, which will plan the repatriation of the Rohingya Muslims.

Mon, 02 Oct 2017 11:59:46 GMT

EU urges Spain into talks with Catalonia

The EU Commission announced that it wants Spain to start a dialogue with the Catalonian separatists and stop using violence as a solution.

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