News

Note: This section contains information in English only.
Mon, 05 Jun 2017 12:02:42 GMT

D.R. Horton seeks to buy 75% of Forestar

On Monday, D.R. Horton, the US house builder, announced about its proposal to acquire 75% of the real estate Forestar Group for the price of $16.25 per share.

Mon, 05 Jun 2017 12:02:08 GMT

Emirates Airlines to suspend all flights to and from Doha

Dubai's Emirates Airlines is eager to cancel flights to and from Doha starting from Tuesday on the back of the alleged accusations that Qatar is supporting terrorism.

Mon, 05 Jun 2017 11:06:56 GMT

China petrochemical plant death toll rises to eight

At least eight people died and nine got injured in a blast at the Chinese petrochemical plant in the Eastern region of Shandong on Monday.

Mon, 05 Jun 2017 11:06:15 GMT

PM May resumes British election campaign after London attack

On Monday, the UK PM Theresa May resumed election campaign a few days after the London Bridge attack, calling Britain to be tougher in fighting the Islamist extremism.

Mon, 05 Jun 2017 09:53:03 GMT

British services activity slows last month

Markit reported on Monday that its PMI for the British services sector came in at 53.8 points in May, down from the prior month's 55.8, while analysts anticipated a slighter decrease to 55.1.

Mon, 05 Jun 2017 09:51:46 GMT

Euro zone services activity little changed in May

Services activity in the Euro zone came in at 56.3 for May, following the preceding month's 56.4 points but surpassing expectations for 56.2.

Mon, 05 Jun 2017 09:14:08 GMT

Qatar Airways cancels flights to Saudi Arabia

Qatar Airways suspended all the flights to Saudi Arabia in response to the UAE, Egypt, Bahrain and Saudi Arabia decision to disrupt their relationships with Qatar, accusing it of backing terrorism.

Mon, 05 Jun 2017 08:53:21 GMT

US Blackstone seeks to buy Finnish Sponda for $2B

The US private equity Blackstone Group stated that it sought to acquire all shares of the Finnish real estate company Sponda for around $2B amid group's intention to expand its business in the Nordic countries.

Mon, 05 Jun 2017 08:30:19 GMT

Saudi Arabia, UAE, Egypt snap ties with Qatar over terrorism

On Monday, Saudi Arabia, the United Arab Emirates, Egypt and Bahrain suspended their relations with Qatar due to their alleged accusations of supporting terrorism.

Mon, 05 Jun 2017 08:07:00 GMT

US Tillerson calls China to be tough on North Korea

The US State Secretary Rex Tillerson stated on Monday that China needs to put more pressure on North Korea amid its missile and nuclear programme expansion.

Mon, 05 Jun 2017 07:28:59 GMT

Germany investigates VW's Porsche over emission cheating

The German transportation watchdog is examining the Volkswagen luxury car brand Porsche over using illegal software in its vehicles to cheat on emission tests.

Mon, 05 Jun 2017 07:19:21 GMT

GM shareholders to make decision on Greenlight stock plan

General Motors' shareholders are eager to decide on the Greenlight Capital plan over automaker's stock splitting up on Tuesday.

Mon, 05 Jun 2017 06:29:55 GMT

UK police detain more suspects linked to London attack

On Monday, the British police arrested a few more people in connection with the London Bridge attack during its early morning raids in the East of the city.

Mon, 05 Jun 2017 06:21:16 GMT

Blast hits China's petrochemical plant, killing at least one

At least one person is reported to be dead and seven more are missing amid an explosion at the petrochemical plant in China's province of Shandong.

Mon, 05 Jun 2017 02:53:49 GMT

Chinese services PMI at 58.2 in May

According to the Caixin survey, the Chinese services PMI rose to 52.8 in May, its strongest reading in four months, amid an increase in new orders.

Mon, 05 Jun 2017 02:53:39 GMT

IMF sees risks in China's credit growth, US fical uncertianty

The unclarity about the amount of an estimated US fiscal stimulus and risks of China's rapid credit growth clouded the economic outlook in Asia, a senior IMF official revealed.

Mon, 05 Jun 2017 02:13:11 GMT

Russia denies having compromising materials on Trump

Russia's President Vladimir Putin denied having any damaging information on the US President Donald Trump and Russian involvments in the US Presidential election.

Mon, 05 Jun 2017 02:11:27 GMT

World Bank expects manufacturing, trade to boost growth in 2017

The World Bank revealed that it maintained its forecast for the global economy to increase 2.7% this year, mainly due to higher exports, trade and recovered commodity prices.

Sun, 04 Jun 2017 20:05:12 GMT

Facebook aims to provide hostile environment for terrorists

Facebook's Director of Policy said on Sunday that the platform aims to provide 'hostile environment' for terrorists, employing human review and technology to remove terrorist content.

Sun, 04 Jun 2017 19:58:23 GMT

Corbyn: UK and Gulf states need to address issues of terrorist financing

Labour leader Jeremy Corbyn said on Sunday that Britain and Saudi Arabia, among other Gulf states, need to discuss their involvement in terrorist financing.

Sun, 04 Jun 2017 19:08:44 GMT

Comey to testify on Trump's interference in Russian probe

According to key US senators, the former FBI Director James Comey will be asked in this week's testimony to comment whether Trump asked him to back off from the Russian probe.

Sun, 04 Jun 2017 19:03:34 GMT

Southeast Asian countries to increase border control

Malaysia, Indonesia and the Philippines are to introduce joint air patrols to spot more effectively militant movements across their shared borders.

Sun, 04 Jun 2017 17:54:19 GMT

Opposition in Cambodia increases support in local elections

The first results of the Cambodian local elections on Sunday showed increased support for opposition, thus possibly strengthening its position in the general election next year.

Sun, 04 Jun 2017 17:52:19 GMT

Official: vote on Venezuela's constituent assembly likely to be held on July 30

The head of the National Electoral Council Tibisay Lucena told the state media on Sunday that a vote on the Venezuelan constituent assembly is likely to be held on July 30.

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