News

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Fri, 07 Jul 2017 16:51:52 GMT

Tesla to build huge lithium-ion battery for Australia

The Australian government announced that Tesla was selected to build the largest lithium-ion battery to store renewable energy harnessed within the country.

Fri, 07 Jul 2017 16:01:36 GMT

G20 to address global issues only when compromise struck, Merkel says

German Chancellor Angela Merkel stated that the resolving of global challenges could be found when all of the G20 members reached a compromise.

Fri, 07 Jul 2017 15:52:48 GMT

World Bank announces $30M of funds for Sierra Leone

The World Bank announced a financial support for Sierra Leone with total amount of $30M, meant to improve energy, agriculture and educational support.

Fri, 07 Jul 2017 15:06:31 GMT

Russia to keep interacting with others

Vladimir Putin, the President of Russia, stated that Russia was ready to prolong the cooperation with others, aiming to harmonise energy markets and diminish price volatility.

Fri, 07 Jul 2017 15:03:54 GMT

Google to buy renewable energy for Dutch data center

Google is expected to purchase all electricity provided by solar park to power its newly opened data center with thousands of servers in the Netherlands.

Fri, 07 Jul 2017 14:14:36 GMT

Amazon agreed on $42 per share offer from Whole Foods

On Friday, Whole Foods announced that Amazon agreed on $42 per share offer, despite the grocery firm sought for a final price of $45 per share.

Fri, 07 Jul 2017 13:54:31 GMT

US jobless rate rises to 4.4% in May

According to the Bureau of Labour Statistics, the United States' unemployment rate climbed to 4.4% in May, missing expectations for the rate to remain on hold at 4.3%.

Fri, 07 Jul 2017 13:27:01 GMT

Canada's unemployment rate drops to 6.5% in May

Statistics Canada reported that the jobless rate of Canada plunged to 6.5% in May, while analysts expected the rate to remain unchanged at 6.6%.

Fri, 07 Jul 2017 13:11:06 GMT

London Grenfell Tower's insurer raises estimate to $65M

The London Grenfell high-rise block's insurer claimed its estimate for liability and property to $65M after a devastating blaze left no less than 80 people dead and dozens hurt.

Fri, 07 Jul 2017 12:31:08 GMT

Eight missing amid apartment block collapse near Naples

On Friday, at least eight people were reported to be missing after a four-storey apartment building collapsed close to the Italian city of Naples.

Fri, 07 Jul 2017 12:22:36 GMT

VW, Kuka collaborate on robots for autonomous and electric cars

Germany's Volkswagen and robot manufacturer Kuka are cooperating on robots development , which are aimed to assist drivers of autonomous and electric cars.

Fri, 07 Jul 2017 11:09:48 GMT

Austria to terminate Eurofighter jet programme by 2020

The Austrian Defence Minister stated on Friday that the country was aimed to phase out 15 Eurofighter jets by 2020 and replace them with a low-budget alternative amid legal fight over the planes with Airbus.

Fri, 07 Jul 2017 11:09:33 GMT

Audi employee arrested over emissions fraud allegations

Munich prosecutors confirmed the arrest of an Audi employee on Friday, who is suspected in the carmaker's emissions fraud scandal.

Fri, 07 Jul 2017 09:54:05 GMT

British house prices drop unexpectedly in June

Britain's Halifax reported that its House Price Index fell 1.0% last month after climbing 0.3% in May, whereas analysts anticipated an increase of 0.2%.

Fri, 07 Jul 2017 09:51:41 GMT

UK manufacturing production falls in May

The ONS reported on Friday that British manufacturing production dropped 0.2% in May, following the prior month's rise of 0.2% and missing analysts' expectations for a 0.5% increase. 

Fri, 07 Jul 2017 09:34:50 GMT

World leaders to hold tough talks with US Trump on climate

The world top economies' leaders prepared for tough talks on climate and trade with the US Presdient Donald Trump on Friday, following the G20 summit launched on July 7.

Fri, 07 Jul 2017 09:26:25 GMT

Three dead amid Nickel mine gas blast in Norilsk

On Friday, an explosion of methane gas in the Norilsk Nickel mine of Russia left at least three people dead and several others injured.

Fri, 07 Jul 2017 08:32:44 GMT

Schaeuble calls off school event close to G20 amid security situation

On Friday, Germany's Finance Minister Wolfgang Schaeuble cancelled a school event with pupils near the G20 summit in Hamburg amid the security situation.

Fri, 07 Jul 2017 08:25:29 GMT

VW to call off 2.370 cars in Russia

According to the Russian standards agency, Volkswagen aimed to recall 2.370 vehicles, including Audi A3 models sold in Russia in the period of time from 2004 to 2012 amid technical fault.

Fri, 07 Jul 2017 07:33:37 GMT

Former civil servant Bajwa becomes central bank governor

The Pakistani authorities named the ex-Finance Ministry official Tariq Bajwa as a new governor of the central Bank on Friday.

Fri, 07 Jul 2017 07:30:36 GMT

Dutch Cabinet unwishes to host Turkish Vice PM

On Friday, the Dutch Cabinet stated that the Turkey Vice PM Tugrul Turkes was not welcome in the Netherlands for Turkish expatriates ceremony.

Fri, 07 Jul 2017 06:29:23 GMT

Hamburg police injured in protests ahead of G20 summit

Dozens of Hamburg police men were injured in protests right ahead of the G20 summit on Thursday, tarnishing the Chancellor Angela Merkel's success to be re-elected in September.

Fri, 07 Jul 2017 06:12:51 GMT

Trump vows to stand firm against North Korea's missile programme

On Thursday, the US President Donald Trump pledged to stand firm against North Korea and its nuclear missile programme, following the country's recent launch of an ICBM, sparking another outrage among nations.

Fri, 07 Jul 2017 05:31:54 GMT

28 dead amid bloody prison fight in Mexico

No less than 28 inmates were murdered in a brutal prison fight in the Mexican city of Acapulco on Thursday; an incident considered as the most violent in recent years.

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