Europe

US, South Korea Form New Task Force to Block North Korea Oil Shipments

The US and South Korea have set up a new task force to prevent North Korea from obtaining illegal oil.


Russia Is Directly Supplying North Korea With Oil Amid Warming Ties, Defying UN Sanctions: Report

In another sign of warming ties between the two countries, Russia has reportedly begun supplying oil directly to North Korea in defiance of sanctions imposed by the United Nations (UN)...

BBC Is Eyeing More Commercial Deals Ahead of Potential Expiration of Its License Fee

The BBC is looking to enter into more commercial partnerships ahead of the potential expiration of its license fee...

Russia Launches Combined Drone and Missile Strikes in Its Most Devastating Attacks Against Ukraine’s Electric Sector

In what Kyiv described as the most devastating attacks against its energy infrastructure in two years of war, Russia pounded electrical power facilities in much of Ukraine on Friday...


Latest News

Credit Suisse CEO Suggested Bonus Reduction After Billion Dollar Loss
As Credit Suisse booked its first full-year loss since 2008 on Thursday, CEO Tidjane Thiam asked his bonus to be reduced. The financial group reported a worse than expected net loss in 2015.
Wiper, alternative messaging app for costly movies
Messaging app Wiper has raised a total of $4.5 million seed funding from its investor Michael Choupak adding $2 million dollars. The service launced $4.99 monthly subscription fee to preview and watc
German Factory Orders Dropped In December More Than Anticipated, Weak Domestic Demand And Slow Overseas Market
Last December, German factory orders dropped worse than what experts had forecasted. There was a weaker growth in the local demand, and the overseas market was not so much helping eventhough there was
UK Green Bank And BlackRock Consortium Acquires GLID Wind Farms For £423 million
The UK Green Investment Bank Financial Services ties up with world’s largest asset manager BlackRock to purchase GLID Wind Farms. The farms located in Aberdeenshire, Scotland and Lincolnshire are capa
1MDB Scandal Forces Moody’s To Change Economic Outlook For Malaysia To Stable From Positive
Malysia has been witnessed to rock heavily centering 1MDB scandal. Both Malaysian currency and stock have been nose-dived over the past year and capital outflow taken place more frequently. The existi
UK house prices up 1.7% on lower interest rates
The UK house prices rose for the consecutive second month in January 2016. The UK property market demand is growing in the wake of lower interest rates and encouraging job growth rate. The average cos
Wall Street monitors USD, while oil price drops
Investors are concerned as the US stock index futures turned weaker. The marginal recovery in oil price amid drop in the US dollar puts the Wall Street on cautious note. On the other hand, Asian and E
Beijing Electric Acquires EEW For €1.44 Billion, The Largest Ever Chinese Direct Investment In Germany
BEHL is going to purchase the leading German waste to energy recycler EEW for €1.44 Billion. The deal appears to be the largest ever Chinese direct investment in Germany. Following legal obligation, t
ING's Q4 earnings beat forecast
The Dutch banking major ING Groep's revenues for the fourth quarter were above the analysts' forecasts. ING's exposure to the oil companies is putting pressure on its stock, which suffered 20 percent
Pentagon to boost spending in defense mechanism
The Pentagon on Tuesday unveiled its plan to boost spending in defense mechanism in 2017, aiming to increase its military capability to back its European NATO allies. The US Defense Department request
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