News

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Fri, 01 Sep 2017 12:33:53 GMT

Vietnam calls China to cease military drills in South China Sea

Vietnam is protesting over the Chinese military exercise in the South China Sea, urging its neighbour to calm and cease the operations as tensions between the countries deteriorate over the disputed waterway.

Fri, 01 Sep 2017 12:24:05 GMT

Nissan, Toyota join VW in new trade-in scheme lunch

On Friday, Toyota and Nissan joined Germany's Volkswagen and launched their own trade-in scheme for the British buyers as sales plunged, aiming to reduce the number of older polluting diesel vehicles.

Fri, 01 Sep 2017 11:10:57 GMT

Kenya urges new polls after declaring Presidential vote invalid

On Friday, the Supreme Court of Kenya declared the election win of the President Uhuru Kenyatta invalid amid the election board's committed irregularities and called for a new vote in two months.

Fri, 01 Sep 2017 11:10:46 GMT

HPE to finish its software business spin-off

Hewlett Packard Enterprise announced it had almost completed the spin-off of its software business on Friday, closing the door on the 2011 Autonomy's acquisition and focusing on data centre hardware and software.

Fri, 01 Sep 2017 10:13:02 GMT

ECB's Constancio says global pressures hinder increase in Euro zone inflation

The Vice President of the European Central Bank Vitor Constancio said that uncertainty over global economic recovery hindered normalisation of Euro zone's unemployment and inflation.

Fri, 01 Sep 2017 09:57:39 GMT

Saab to compete for India's defence deal

The Swedish manufacturer Saab AB is to collaborate with Adani Group in a bid to receive an order for single-engine jets from the Indian military, the company's CEO Hakan Buskhe said on Friday.

Fri, 01 Sep 2017 09:34:55 GMT

VW reveals trade-in scheme for UK buyers

Germany's automaker Volkswagen launched a new scheme to remove the older polluting diesel vehicles from the roads, offering for the UK buyers up to £6K worth new VW car, if they trade-in the older vehicle.

Fri, 01 Sep 2017 09:22:34 GMT

Norway toughens IT security ahead of elections

The Norwegian government stated on Friday it was tightening the IT security ahead of the Parliamentary elections scheduled on September 11 to prevent voter fraud.

Fri, 01 Sep 2017 08:34:07 GMT

G4S suspends nine UK migrant centre staff over ill-treatment

Britain's outsourcer G4S suspended nine employees of an immigration removal centre amid investigation into an alleged treatment abuse of migrants reported by BBC.

Fri, 01 Sep 2017 07:34:15 GMT

Mumbai death toll climbs to 33 after building collapses

On Friday, the death toll in the Mumbai 117-year-old building collapse rose to 33, while the total number of survivors pulled from the rubble reached a figure of 15 people.

Fri, 01 Sep 2017 07:18:22 GMT

Majority of Germans believe Brexit to affect EU and UK

Two thirds of German residents expect Britain's withdrawal from the EU bloc will have negative impact on the European Union and the UK itself, ZDF television reported.

Fri, 01 Sep 2017 06:34:53 GMT

US labour board files claim against Tesla over employee rights

 On Thursday, the US NLRB lodged a complaint against the electric automaker Tesla, claiming it had violated its worker rights.

Fri, 01 Sep 2017 06:28:03 GMT

Pyongyang University loses its US staff amid travel ban

The only western-founded university in North Korea PUST will begin the new fall semester without the majority of its American staff, following the imposed travel ban by the US that starts on September 1.

Fri, 01 Sep 2017 05:23:05 GMT

Vietnam opposes Chinese military exercises in South China Sea

Late on Thursday, Vietnam protested against China conducting military exercises in the South China Sea, urging the country to stay away from repeating acts that escalate tensions in the region.

Fri, 01 Sep 2017 05:22:05 GMT

US job growth expected to slow in August

According to economists surveyed by Reuters, job growth in the United States has likely slowed over the course of August following two consecutive months of impressive gains.

Fri, 01 Sep 2017 04:26:57 GMT

Mitsui Fudosan to invest $3.6B in NY office tower

On Friday, the Japanese real estate developer Mitsui Fudosan revealed it would make a $3.6B, or ¥400B, investment in a 58-storey office tower in New York.

Fri, 01 Sep 2017 04:26:10 GMT

Tajikistan to establish more intelligence exchanges with China

The Chinese Foreign Ministry announced it had agreed to establish more security intelligence exchanges with Tajikistan as a part of diplomatic relations upgrade between the two countries.

Fri, 01 Sep 2017 02:55:07 GMT

Japan's manufacturing activity expands in August

The Japan final Manufacturing PMI reached a 52.2 mark in August, up from July's final reading of 52.1, suggesting that the economy kept growing at a healthy, but more modest pace.

Fri, 01 Sep 2017 02:05:51 GMT

FedEx, UPS resume service in some areas of storm-battered Texas

FedEx Corp and United Parcel Service stated that both companies resumed its flights at main airport of Huston and restarted operations in Texas parts disabled by Hurricane Harvey.

Fri, 01 Sep 2017 02:04:55 GMT

Canada, Mexico to stay within NAFTA, even if US quits

Trade relationships between Canada and Mexico would remain under NAFTA regulation, even if US decides to leave, Mexican Economy Minister said.

Fri, 01 Sep 2017 02:04:09 GMT

Samsung allowed to test self-driving vehicles in California

Samsung stated that the company received a permit for testing its self-driving cars in California, though without future plans to enter car-manufacturing sector.

Thu, 31 Aug 2017 20:10:58 GMT

US, Mexico, Canada plan to review NAFTA by year-end

According to the White House, the US President Donald Trump expressed hope that all three North American countries could renegotiate the NAFTA trade deal by the end of this year.

Thu, 31 Aug 2017 20:10:29 GMT

Iraqi PM declares victory in Tal Afar

On Thursday, the Iraqi Prime Minister Hayder al-Abadi declared victory over the Islamic State fighters in Tal Afar and the northern province of Nineveh.

Thu, 31 Aug 2017 19:05:29 GMT

Oil price rises to $52.33

On Thursday, crude oil price rose 2.89% to $52.33 a barrel, as the Hurricane Harvey reduced refining capacity by 4.4M barrels per day.

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