Business
Deutsche Bank Fined $258 Million for Working with Iran and Syria
Deutsche Bank has been fined $258 million by the New York State Department of Financial Services and the Federal Reserve for working with Syria...
VW Emissions Scandal: 98,000 Petrol Vehicles Affected by CO2 Issue In Germany
According to Germany's transport minister, around 98,000 VW petrol vehicles are caught up in the automaker's latest emissions scandal. That follows an admission by VW...
Justin Trudeau Sworn in as Canada’s Prime Minister
Justin Trudeau has been sworn in as Canada’s prime minister, ending 10 years of Conservative rule. His ascension marks a new era of Liberal politics...
Keystone XL Pipeline: Barack Obama to Rule on Project’s Fate before Ending His Term
President Barack Obama intends to rule on the fate of the Keystone XL oil pipeline before the end of his term, the White House...
VW Admits 800,000 Vehicles May Have False CO2 Levels
The VW scandal widens as the automaker says it has found "irregularities" in carbon dioxide emissions levels, which could affect around 800,000 cars in...
Activision Blizzard Buys Candy Crush Maker for $5.9 Billion
World of Warcraft and Call of Duty maker Activision Blizzard is buying King Digital Entertainment, the creator of Candy Crush Saga for $5.9 billion. Activision...
VW Emissions Scandal: EPA Finds More Vehicles with Cheat Tests
According to the Environmental Protection Agency (EPA), VW cars with bigger diesel engines also contained software devices designed to cheat in emissions tests. Porsche, Audi...
Keystone XL Pipeline: TransCanada Asks State Department to Suspend Review
The Keystone XL pipeline maker has asked the US government to put its review of the controversial project on hold. TransCanada says the pause is...
Standard Chartered Announces 15,000 Job Cuts
Standard Chartered bank is to cut 15,000 jobs and raise $5.1 billion to create a "lean, focused and well-capitalized" group. About $3 billion being raised...
C919: China’s First Homegrown Passenger Jet Unveiled in Shanghai
C919, the first Chinese passenger aircraft, has been unveiled in Shanghai at a ceremony attended by 4,000 guests. The C919 is a large passenger aircraft...
Azerbaijan Elections 2015: Ruling New Azerbaijan Party Wins Majority
Azerbaijan's ruling party, New Azerbaijan, has won the country’s parliamentary elections that were boycotted by the main opposition parties, the electoral commission said. The New...
Turkey Elections 2015: AKP Wins Majority
Recep Tayyip Erdogan's ruling Justice and Development Party (AKP) has won Turkey's parliamentary election, regaining the majority it lost in June. Qccording to Turkish state-run...
Turkey Elections 2015: Security Is Key Issue after Weeks of Violence
Turkish voters are going to the polls in parliamentary elections for the second time in five months. President Recep Tayyip Erdogan’s AK Party failed to...
Sharp Operating Profit Falls by 86% in Q3 of 2015
Sharp’s operating profit fell by 86% in Q3 of 2015 from a year ago. The Japanese tech giant’s operating profit fell to 3.5 billion yen...
Eurozone Consumer Prices Remain Flat in October 2015
The eurozone inflation returned to zero in October 2015 from (-0.1%) in the previous month. According to Eurostat estimates, price growth in food, alcohol and...
Hillary Clinton Rally Interrupted by Black Lives Matter Activists
A Hillary Clinton campaing rally at Clark Atlanta University has been interrupted by Black Lives Matter activists as she began a speech about reforming...
Japan Stock Market Rises to Two-Month High as BoJ Refrains from QE
Japanese shares rose to a two-month high on Friday, October 30, after Bank of Japan decided to keep its monetary easing policy steady. The benchmark...
China Buys 130 Airbus Jets for $17 Billion
China has signed a $17 billion deal to buy 130 Airbus jets during German Chancellor Angela Merkel’s visit to Beijing. Angela Merkel met Chinese Premier...
Wall Street: US Stocks Close Lower After Weak GDP Figures
Wall Street closed slightly lower on Thursday, October 29, after official figures showed a sharp slowdown in economic growth. The Dow Jones Industrial Average fell...
Allergan Confirms Preliminary Merger Talks with Pfizer
Allergan has confirmed it has held preliminary talks about a takeover by pharmaceutical giant Pfizer. The Dublin-based Botox-maker said no agreement had been reached and...
Tanzania Elections 2015: John Pombe Magufuli Wins Presidency
John Pombe Magufuli has won Tanzania’s presidential election with 58% of the vote, the electoral commission says. His main rival, opposition Ukawa coalition candidate Edward...
US Economy Slows in Q3 2015
US economic growth slowed sharply in Q3 of 2015. According to the Department of Commerce, the US gross domestic product (GDP) grew at an annualized...
Deutsche Bank Announces 15,000 Job Cuts after €6 Billion Loss in Q3
Germany's biggest bank, Deutsche Bank, has announced a 15,000 job cuts after a €6 billion loss in Q3 of 2015. The bank said it would...
Paul Ryan Elected as New Speaker of House of Representatives
Paul Ryan has been elected as the new Speaker of the House of Representatives. Hesitant to run at first, the Republican from Wisconsin eventually gained...
Bidhya Devi Bhandari Becomes Nepal’s First Female President
Women's rights campaigner Bidhya Devi Bhandari has become Nepal’s first female president. Nepal’s parliament has elected Bidhya Devi Bhandari in a move hailed as a...
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