News

Note: This section contains information in English only.
Tue, 25 Jul 2017 02:03:33 GMT

EU raises pressure on Google, Facebook, Twitter over user terms

European Union authorities raised pressure on Google, Facebook and Twitter over their user terms, asking to improve them in line with EU laws.

Mon, 24 Jul 2017 19:51:52 GMT

Saudi Arabia pledges to reduce oil exports in August

Oil prices rose by 1% on Monday in response to Saudi Arabia's pledge to limit crude exports in August, thus aiming to tackle the global oversupply of oil.

Mon, 24 Jul 2017 19:51:23 GMT

France is willing to negotiate deal with Google on back taxes

The French Budget Minister Gerald Darmanin said on Monday that the country was ready to negotiate a bargain with Google which is liable to pay €1.1B in back taxes.

Mon, 24 Jul 2017 19:06:35 GMT

Alphabet appoints Google's CEO Sundar Pichai to board

The American holding Alphabet Inc. appointed Google's CEO Sundar Pichai to its board alongside the co-founders Larry Page and Sergey Brin, the company said on Monday.

Mon, 24 Jul 2017 18:57:19 GMT

Sweden may be exposed to risks of information leakage

The Swedish Prime Minister Stefan Lofven said that the country might have been exposed to risks of leaking confidential information from a rushed contract with IBM Sweden.

Mon, 24 Jul 2017 18:16:35 GMT

Honeywell beats earnings expectations in Q2

The American conglomerate Honeywell International Inc beat expectations by reporting a solid quarterly profit, thus resulting in a surge of its shares by 1.8%.

Mon, 24 Jul 2017 18:04:02 GMT

UK's Fox hopes trade between UK and US will not be disrupted after Brexit

Britain's International Trade Secretary Liam Fox explained on Monday that the UK wanted to ensure that bilateral ties with the United States would not broken after Brexit.

Mon, 24 Jul 2017 16:54:07 GMT

Ireland to cool down economic growth by 2019

The Central Bank of Ireland warned that the country would need to partially cool the economy in the next couple of years, if full employment coincides with higher public investment.

Mon, 24 Jul 2017 16:52:26 GMT

WTO reports fewer use of trade restrictions

Since the financial crisis, the least amount of trade-restrictive rules were introduced, despite concerns that the US would impose more rules to protect the country's job market, the WTO said.

Mon, 24 Jul 2017 16:08:16 GMT

Belarus sees no solution of Ukraine's crisis without summit

Foreign Minister of Belarus Vladimir Makei stated that the country sees no prospects on how to solve the crisis between Ukraine and Russia without regional summit.

Mon, 24 Jul 2017 16:07:39 GMT

Ryanair in talks with Boeing on new 737 airliner version

Ryanair was in talks with Boeing about the MAX 10, the larger version of the 737 aircraft, but made clear that it was ready to order new airliners only for a lower price.

Mon, 24 Jul 2017 15:24:22 GMT

Germany asks for more EU sanctions against Russia

Germany urged the European Union to include up to four Russian companies and nationals into the bloc's blacklist over Siemens energy equipment illegally delivered to Crimea.

Mon, 24 Jul 2017 15:23:40 GMT

IMF upgrades China's growth forecast to 6.7% for 2017

The International Monetary Fund updated China's economic growth forecast to 6.7% for this year, after the country showed stronger-than-expected performance in the Q2.

Mon, 24 Jul 2017 14:33:42 GMT

KKR to sign $2.8B acquisition deal with WebMD

Private equity company KKR agreed to acquire WebMD Health in a deal worth around $2.8B, extending its Internet Brands Unit of popular online health information web-sources.

Mon, 24 Jul 2017 14:11:52 GMT

Suicide blast hits Pakistani Lahore killing 25

No less than 25 people were reported to be killed, including police officers, in a suicide bomber's attack in the Pakistani second-largest city of Lahore.

Mon, 24 Jul 2017 13:32:51 GMT

Russia to construct new power station in sanctioned Crimea

According to the Russian Deputy Minister Vyacheslav Kravchenko, Russia is about to announce about its plans to build another power station in the sanctioned Crimea peninsula in the nearest future.

Mon, 24 Jul 2017 13:25:15 GMT

Spotify seeks to ink royalty deal with Warner by September

The music streaming firm Spotify is moving towards signing of a new licensing royalty deal with Warner Music, which is likely to be clinched by September.

Mon, 24 Jul 2017 12:34:40 GMT

Germany urges to extend EU sanctions blacklist on Russia

According to the sources familiar with the matter, Germany is seeking to add four more Russian firms and nationals to the European Union sanctions blacklist over Siemens Crimea turbines issue.

Mon, 24 Jul 2017 12:31:09 GMT

Kremlin worries US sanctions may affect EU projects

The Kremlin stated on Monday that the proposed new US sanctions against Russia were raiding worries about a presumable negative impact they might have on the European investment projects such as Nord Stream 2.

Mon, 24 Jul 2017 10:52:34 GMT

Tech glitch unblocks Qatari websites, TV in Saudi Arabia

On Monday morning, Qatari websites and TV channels were unblocked in Saudi Arabia due to a technical glitch; however, sanctions were reimposed later that day.

Mon, 24 Jul 2017 10:52:21 GMT

VW to hold supervisory board meeting over cartel issue

Volkswagen is eager to hold an extraordinary supervisory board meeting on Wednesday over allegations regarding a cartel in the car industry.

Mon, 24 Jul 2017 10:06:02 GMT

OPEC to monitor weak compliance with output curbs, says Saudi Arabia

Saudi Arabia said that OPEC would address immediately weak member compliance with curbing their oil supply, as well as monitor the growing production from Libya and Nigeria.

Mon, 24 Jul 2017 09:53:40 GMT

China says it seeks stability in South China Sea

The Chinese Foreign Minister Wang Yi said that China wished to maintain peace and stability in the South China Sea, thus trying to diminish tensions about the disputed waters.

Mon, 24 Jul 2017 09:29:04 GMT

Duterte vows to forge on with drugs war, despite criticism

On Monday, the Philippines President Rodrigo Duterte vowed that his controversial drugs war would go on and no international pressure or criticism would deter him.

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