News

Note: This section contains information in English only.
Fri, 18 Aug 2017 02:54:26 GMT

Lenovo reports loss in fiscal Q1 amid higher costs

Lenovo, the China's personal computer producer, posted a loss totalling $72M in the June quarter, due to higher costs and muted consumption in the PC market.

Fri, 18 Aug 2017 02:05:51 GMT

Chevron to join Mexican fuel sector

Chevron Corporation, the US energy company, stated that it is likely to enter the Mexican fuel market and open new gas stations in the north-western part of the country.

Fri, 18 Aug 2017 02:04:48 GMT

Exports from Albania to EU grow 12.9% in seven months

The INSTAT reported that exports of goods made in Albania to the European Union countries rose during the period from January to July, to show 12.9% increase year-over-year.

Thu, 17 Aug 2017 20:02:27 GMT

US and Japan to increase military cooperation amid North Korea crisis

On Thursday, the United States and Japan agreed to ramp up their military cooperation to counter the threat coming from the North Korean missile program.

Thu, 17 Aug 2017 20:02:03 GMT

Islamic State to blame for deadly van attack in Barcelona

On Thursday, the Islamic State assumed responsibility for a deadly van attack in the centre of Barcelona, killing at least 13 people.

Thu, 17 Aug 2017 19:05:43 GMT

Spanish police arrests one suspect

According to the Catalan police, one person has been arrested and detained after a deadly van attack in the centre of Barcelona, leaving 13 dead and not less than 50 injured.

Thu, 17 Aug 2017 19:05:29 GMT

Venezuela has $2B to pay off debt

According to a report prepared by the Financial Synthesis, Venezuelan government has $2B cash to pay $1.3B sovereign debt by the end of the year.

Thu, 17 Aug 2017 18:03:15 GMT

13 killed in supposed terrorist attack in Barсelona

According to Spanish media, no less than 13 people were reported to be killed, while 34 got injured in a deadly van attack in Barcelona, Spain.

Thu, 17 Aug 2017 18:03:03 GMT

Gary Cohn to remain in White House

According to the White House official, Donald Trump's Economic Adviser Gary Cohn will remain in his position despite various rumours about his possible resignation.

Thu, 17 Aug 2017 16:57:28 GMT

Canada faces sharp increase of asylum seekers from US

The Canadian government that the number of refugees entering the country across the US border tripled in July, showing an increase to 3,100 from 884 asylum seekers in June.

Thu, 17 Aug 2017 16:56:48 GMT

Lufthansa wants to buy greater part of Air Berlin aircrafts

Germany's company Lufthansa was considering possibility of buying the better part of Air Berlin planes, as rivals and the government aimed to devide them.

Thu, 17 Aug 2017 16:13:17 GMT

China approves nearly $12B worth transport projects

Chinese economic planner stated that it approved three projects aimed to develop transport infrastructure with a total amount of investments nearing $12B.

Thu, 17 Aug 2017 16:12:48 GMT

More than 44M Germans employed in second quarter

Germany's employment rate rose to a new record high in the June quarter, as the number of employed Germans jumped to 44.2M in the reported period.

Thu, 17 Aug 2017 15:08:55 GMT

Foreign-owned companies to boost Britain's productivity

The Bank of England research showed that foreign-owned companies tended to be twice as much more productive than domestic rivals, with higher contribution to the UK output.

Thu, 17 Aug 2017 15:08:15 GMT

US industrial production rises 0.2% in July

The Federal Reserve reported that the US industrial production increased less than anticipated, showing a 0.2% growth pace over the month of June and following a surge of 0.4% in the prior month.

Thu, 17 Aug 2017 14:02:48 GMT

Turkey to establish military cooperation with Iran

According to the Turkish President Tayyip Erdogan's spokesman, the country agreed to boost military cooperation with Iran, following negotiations with the Iranian army chief in Ankara.

Thu, 17 Aug 2017 14:01:59 GMT

Cisco Systems shares fall about 2.5% on revenue results

Shares of Cisco Systems dropped around 2.5% on Wednesday after the company posted its security business' quarterly revenue that missed analysts' estimates.

Thu, 17 Aug 2017 13:23:09 GMT

Suspected Paris insurgent to face charges in Belgium

Belgium's prosecution stated on Thursday that a suspect in the 2015 ISIS attacks on Paris Salah Abdeslam would face trial in Brussels.

Thu, 17 Aug 2017 13:13:40 GMT

US initial jobless claims drop 12K last week

The number of applications for US unemployment benefits plunged 12K to 232K in the week ending August 12, surpassing forecasts for a 240K reading.

Thu, 17 Aug 2017 11:54:43 GMT

Ericsson files suit against Wiko over patent infringement

Sweden's mobile firm Ericsson filed a suit against the smartphone maker Wiko, alleging that the French-Chinese company had been infringing Ericcson's rights for years without any compensation or licence.

Thu, 17 Aug 2017 11:54:28 GMT

Sixt CEO gives tip-off over BMW-Daimler car-sharing merger talks

On Thursday, the Sixt CEO Erich Sixt hinted at possible merger talks between BMW and Daimler over their vehicle-sharing services DriveNow and Car2Go, adding that Sixt was not involved in negotiations.

Thu, 17 Aug 2017 10:59:27 GMT

Turkey issues detention warrants for 70 ex-Ministry employees

On Thursday, the Turkish officials ordered detention for 70 former Finance Ministry personnel in suspicion of links to the 2016 failed coup attempt.

Thu, 17 Aug 2017 10:59:11 GMT

Ericsson may lay off 25K jobs amid cost-cutting programme

The mobile telecom gear producer Ericsson may phase out about 25K job positions outside Sweden on the back of its cost reduction programme, a local newspaper reported on Thursday.

Thu, 17 Aug 2017 09:51:36 GMT

British retail sales grow 0.3% in July

British retail sales expanded by 0.3% on a monthly basis in July, remaining above the estimate of 0.2%, but nevertheless adding to concerns about a decline in consumer spending.

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