News

Note: This section contains information in English only.
Wed, 22 Aug 2018 04:50:29 GMT

Tech companies disable Iranian propaganda

On Tuesday, Facebook, Alphabet and Twitter collectively deleted hundreds of accounts that were promoting Iranian government's agenda around the world.

Wed, 22 Aug 2018 04:50:13 GMT

Bank of Japan might decrease its stimulus program

A former board member of the Bank of Japan has revealed to the media that the Bank of Japan could slow down its monetary stimulus program due to Japan's economic growth.

Wed, 22 Aug 2018 04:32:56 GMT

Trump's advisor speaks out about Iran sanctions

The national security adviser of Donald Trump on Wednesday announced that the sanctions set on Iran have been more fruitful than previously expected.

Wed, 22 Aug 2018 04:31:31 GMT

Asian markets surge on Wednesday

Most Asian stock markets surged on Wednesday continuing a global asset rally that began on Tuesday.

Wed, 22 Aug 2018 02:53:21 GMT

EU to discuss Brexit deal after informal deadline

The leaders of the EU are likely to organise an emergency Brexit summit in November to discuss the deal with the UK because the agreement is not expected to be finalised before the informal deadline in October.

Wed, 22 Aug 2018 02:51:47 GMT

US General backs plan to reduce outposts on North Korean border

The senior commander of the US troops in South Korea General Vincent Brooks claimed that he supports the plan of South Korea to reduce amount of equipment and guard posts on the border with North Korea.

Wed, 22 Aug 2018 02:32:44 GMT

United Airlines to form three joint ventures in Latin America

The President of the United Continental Holdings Inc Scott Kirby claimed that his company is planning to establish three joint ventures with Latin American carriers in the nearest time.

Wed, 22 Aug 2018 02:29:50 GMT

Mexico and US postpone NAFTA talks

On Tuesday, the Mexican Ministry of Foreign Affairs claimed that Mexican and US officials postponed talks regarding the renegotiation of the North American Free Trade Agreement (NAFTA) until Wednesday.

Tue, 21 Aug 2018 20:32:48 GMT

Facebook to score users based on their trustworthiness

Facebook started to rate its users on trustworthiness in efforts to combat misinformation, according to the Washington Post report published on Tuesday.

Tue, 21 Aug 2018 20:29:21 GMT

American Airlines cutting route from Chicago to Shanghai

On Tuesday, American Airlines stated it had cancelled the second direct flight from Chicago to China's Shanghai in four months due to competitive environment and higher fuel costs.

Tue, 21 Aug 2018 19:32:05 GMT

IMF to launch talks with Angola over financial support

On Tuesday, the International Monetary Fund stated it would launch negotiations with Angola over pledging financial support, as the economic growth of the oil producing country was weaker than anticipated this year.

Tue, 21 Aug 2018 19:27:46 GMT

Italy's CDP likely to acquire stake in Autostrade

Cassa Depositi e Prestiti, Italy's state lender, considers buying a majority stake in Autostrade per l'Italia amid the bridge collapse in Genoa last week, according to Reuters.

Tue, 21 Aug 2018 18:32:20 GMT

GSK plans initial bids for its Indian Horlicks arm by mid-September

GlaxoSmithKline is planning initial bids for its Indian health nutrition business Horlicks by mid-September that could be valued at $4.0B, sources familiar with the matter reported on Tuesday.

Tue, 21 Aug 2018 18:28:48 GMT

Serta Simmons and Tuft & Needle sign merger deal

The producer of mattresses Serta Simmons Bedding signed a merger deal with Tuft & Needle, as both firms seek to take on tough competition from cheaper China products in the American market.

Tue, 21 Aug 2018 16:53:43 GMT

Bahrain stops issuing visas to Qatari nationals

On Tuesday, the Interior Ministry of Bahrain claimed that it would stop to issue new visas to the nationals of Qatar, escalating anti-Qatar measures as a part of Gulf diplomatic row.

Tue, 21 Aug 2018 16:47:31 GMT

Israel to end partnership with Microsoft

On Tuesday, the government of Israel said that it is not planning to renew a contract with Microsoft for various desktop software because of the change in license agreements resulting in double price increase. 

Tue, 21 Aug 2018 16:30:01 GMT

German Maas: EU needs non-US payment system to save Iran deal

On Tuesday, the Foreign Minister of Germany Heiko Maas claimed that the EU needs to develop its own payment system independent from the US to preserve 2015 Iran nuclear deal.

Tue, 21 Aug 2018 16:20:44 GMT

Uber hires new Chief Financial Officer

On Tuesday, Uber Technologies claimed that it has hired a veteran of financial services Nelson Chai as a new Chief Financial Officer after a resignation of Brent Callinicos in 2015.

Tue, 21 Aug 2018 14:50:45 GMT

Lyft exceeds 5K automotive rides via ride-hailing app

On Tuesday, Lyft announced it had surpassed 5K self-driving rides via its ride-hailing application with the high-tech car-parts supplier Aptiv's fleet of the autonomous cars.

Tue, 21 Aug 2018 14:50:08 GMT

Getaround attracts $300M in SoftBank-led funding round

Getaround, the car-sharing start-up, raised around $300M in its latest round of funding led by the Japanese group SoftBank, the San Francisco-based company reported on Tuesday.

Tue, 21 Aug 2018 14:12:55 GMT

Britain hopes to keep door open for European banks after Brexit

Britain is likely to keep its door open for the European Union investors and banks after withdrawing from the bloc to preserve the London global financial clout, the industry officials said.

Tue, 21 Aug 2018 14:04:25 GMT

Norway's wealth fund to remain as investor in case Tesla goes private

On Tuesday, Tesla's deputy CEO stated that the Norwegian $1.0 trillion wealth fund would be allowed to remain as the electric carmaker's investor, if the company goes private.

Tue, 21 Aug 2018 13:39:26 GMT

Trump's Administration offers to roll back Obama's CPP

On Tuesday, Trump's Administration proposed to replace the former President Barack Obama's Clean Power Plan.

Tue, 21 Aug 2018 13:28:15 GMT

Morgan Stanley ceases equity coverage on Tesla

The brokerage Morgan Stanley halted the research equity coverage of Tesla, which could be a sign that the US bank might cooperate directly with the electric automaker, which seeks going private.

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