"Company"  News

Urban water supply disrupted in rain-battered Hebei

Water supply in the urban area of Shijiazhuang, capital of north China's Hebei Province, was disrupted from Thursday night, after flood water was found to have contaminated the city's drinking water. Shijiazhuang's water supply firm said Friday that supply would be back to normal in about five days. Torrential rain in north China's Hebei Province since Wednesday morning has left 35 people dead and 77 missing, according to the provincial civil affairs department on Friday. About 211,642 people have been evacuated over safety concerns. The supply issue was caused by floods disrupting sediment in two reservoirs that supply water to six districts in Shijiazhuang. The water company said it was limiting water supply for industrial users, pumping out underground water and dispatching water tankers to provide drinking water for residential use.

2016-07-22 10:47:43

SpaceX launches crucial docking port to space station

U.S. space firm SpaceX on Monday launched supplies to the International Space Station, including a crucial docking port for future American commercial crew vehicles, and also achieved a successful rocket landing on solid ground again. The SpaceX Dragon cargo spacecraft lifted off on the company's Falcon 9 rocket at 12:45 a.m. EDT (0445 GMT) on time from Cape Canaveral Air Force Station in Florida.

2016-07-18 09:54:40

Prime Minister Binali Yildirim announced that the huge investment package

Prime Minister Binali Yildirim announced that the huge investment package. When implementing reforms at the level of innovation in the stamp tax, starting the mobilization of savings in the public sector. The Prime Minister Binali was in front of the cameras after the Council of Ministers at Cankaya Palace. Prime Minister explained the huge investment package article by article. " Our first priority is investment," said Prime Minister Yildirim about the incentives package, and added "Those who have the benefits; operating in the agricultural sector, pensioners, workers, artisans, tourists Society creates a significant economic touches to all stakeholders a measure " FACILITY FOR INVESTORS Prime Minister Yildirim, said they made changes to the reforms on the level of stamp duty. "It used to be asked as a document of 10 copies from investors.

2016-07-04 16:22:19

Tourist flow from Russia to Turkey may be resumed

Russian Deputy Prime Minister Dmitry Kozak doesn’t exclude resumption of tourist flow from Russia to Turkey, as well as abolition of restrictions on the work of Turkish construction companies in Russia, TASS news agency reported. Anything may happen in case of thaw in the Russian-Turkish relations, Kozak told reporters. Relations between Russia and Turkey deteriorated after Turkish Air Force shot down a Russian Su-24 bomber on Nov. 24, 2015. Turkey said the bomber entered its airspace, while Russia denied its warplane flying into the Turkish skies.

2016-06-28 14:56:53

Google, Facebook quietly move toward automatic blocking of extremist videos

Some of the web’s biggest destinations for watching videos have quietly started using automation to remove extremist content from their sites, according to two people familiar with the process, Reuters reported. The move is a major step forward for internet companies that are eager to eradicate violent propaganda from their sites and are under pressure to do so from governments around the world as attacks by extremists proliferate, from Syria to Belgium and the United States. YouTube and Facebook are among the sites deploying systems to block or rapidly take down Islamic State videos and other similar material, the sources said. The technology was originally developed to identify and remove copyright-protected content on video sites. It looks for "hashes," a type of unique digital fingerprint that internet companies automatically assign to specific videos, allowing all content with matching fingerprints to be removed rapidly. Such a system would catch attempts to repost content already identified as unacceptable, but would not automatically block videos that have not been seen before.

2016-06-25 10:29:10

UK’s vote to leave EU weakens near-term outlook for global economies

The UK’s vote to leave the EU has clearly weakened the near-term outlook for the UK and global economies, but analysts of the British consulting company Capital Economics believe it will ultimately prove to be less damaging than many estimates have suggested. The UK held a referendum June 23 on whether to leave or to stay in the European Union. Today, it has been announced that majority of the votes are in favor of leaving the bloc. The outcome clearly creates considerable short-term uncertainty, which is likely to weigh on the UK economy in the coming quarters, analysts of the Capital Economics said in a report, obtained by Trend. At the same time analysts noted that the UK will remain inside the EU for at least two years and possibly longer, and this will allow time to clear up some uncertainties, not least over the UK’s future trading relationship with the remainder of the EU and rest of the world. While the direct economic impact on other parts of the world should be limited, business and investor confidence will presumably weaken in the near term, particularly in Europe, analysts believe.

2016-06-24 11:46:50

India successfully launches 20 satellites with single rocket

India Wednesday launched with a rocket named Polar Satellite Launch Vehicle (PSLV) 20 satellites from the Sriharikota space center in the southern state of Andhra Pradesh, said officials. The satellites launched included the country's earth observation satellite Cartosat, Google company Terra Bella's SkySat Gen2-1 and 18 other satellites. The PSLV rocket standing 44.4 meters tall and weighing 320 tons, tore into the morning skies at 09:26 a.m. with a growl breaking free of the earth's gravitational pull.

2016-06-22 11:25:57

French cement world-leader company Lafarge worked with DAESH during one year

According to an investigation published by French newspaper Le Monde on the 21 st of June, one of the world’s biggest cement company, French Lafarge payed taxes to terrorist organization DAESH between 2013 and 2014. In 2010, one year before Syrian war started, Lafarge inaugurated in the north-eastern Syrian city of Jalabiya one of the region’s biggest cement factory. As the war started, Lafarge tried to keep its factory open as long as possible. From 2013, DAESH presence forced the French company to negotiate rights of way for the transit of its trucks at DAESH-controlled checkpoints. Moreover, Lafarge was buying oil which fields were detained by ISIS, thus indirectly financing for more than one year the terrorist organization. On the 19 of September 2014, DAESH seized the building and Lafarge completely stopped its activities there.

2016-06-21 15:08:44

Nepal to send aircraft to repatriate 12 dead bodies of Kabul suicide attack

The Nepalese government has decided to dispatch an aircraft to Afghanistan to bring home the remains of 12 Nepalese nationals killed in the Kabul suicide bombing on Monday. A meeting of Prime Minister K.P Sharma Oli and the cabinet ministers held on Tuesday morning decided to send the national flag carrier Nepal Airlines to Kabul to bring the mortal remains, Prime Minister K.P Sharma Oli's Press Advisor Pramod Dahal told Xinhua. Deputy Prime Minister Kamal Thapa, who is also in charge of foreign affairs, said that the government has made necessary preparations to send the aircraft to Kabul to bring home the injured and remains of the Nepalese killed in the barbaric terrorist attack. The ill-fated Nepalese nationals were working as security guards with the Kabul-based Canadian Embassy, who were hired by Sabre International, a British security consultancy firm.

2016-06-21 12:29:09

Fans from 42 countries purchase tickets for F1 in Baku

Fans from 42 countries have purchased tickets for the Formula 1 Grand Prix of Europe in Baku, Nigar Arpadarai, head of Baku City Circuit company’s marketing and communications department, told Trend. She added most of the tickets were acquired by Russian tourists, followed by the fans from the UK, other European countries and the Arab countries. "Some 3,000 people arrived from Russia to watch the race,” Arpadarai said. She said that it is hard to name the exact number of fans, since they come to see the race, then take off for a stroll in the city, and then come back. The last day of Formula 1 Grand Prix of Europe kicked off in Baku June 19. Azerbaijan is hosting the Formula 1 Grand Prix of Europe for the first time.

2016-06-19 14:38:49

Japanese-Turkish consortium constructing carbamide plant in Turkmenistan

The construction of the Garabogaz plant for carbamide production in Turkmenistan's Balkan province is going on rapidly, the 'Neutral Turkmenistan' newspaper reported June 17. The project is being implemented by the consortium which includes the Japanese Mitsubishi Corporation and Turkish Gap Insaat in accordance with the agreement with Turkmenhimiya state concern. The technology of Denmark's Haldor Topsoe company will be used in the new plant and this will make it possible to produce 2,000 tons of ammonia per day and 660,000 tons of ammonia per year. Ammonia is an important raw material for carbamide production. In total, the plant will produce 3,500 tons of carbamide per day and 1.155 million tons of carbamide per year, said the newspaper.

2016-06-17 11:54:43

M5.3 quake jolts northern Japan, no tsunami warning issued

An earthquake with a preliminary magnitude of 5.3 struck northern Japan at 14:21 local time, but no tsunami warning has been issued, the Japan Meteorological Agency (JMA) said Wednesday. The temblor struck at latitude of 42.0 degrees north and longitude of 141.0 degrees east and at a depth of 10 km, the agency said, with its epicenter located in Uchiura Bay in the southwestern part of Hokkaido, Japan's northernmost prefecture. The powerful jolt registered lower 6 on the Japanese seismic intensity scale which peaks at 7, in Hakodate city, in the region.

2016-06-16 09:45:29

Turkish companies to hold business talks with Turkmenistan

The Turkish exhibition of construction materials, to be held June 16-18 in Ashgabat, will be a platform for business meetings of Turkish businessmen with representatives of the Turkmen enterprises, organizations and offices, the Turkmen government said in a message June 14. Forty two major Turkish companies have been registered for participation in the event. The message also said Turkmenistan has started a large-scale urban planning program and is interested to attract innovations and know-how for this program; therefore, such business activities provide an opportunity to see the latest developments in different spheres of production and technology. Turkmenistan's President Gurbanguly Berdimuhamedov said during the last meeting of the Turkmen Cabinet of Ministers that the partnership between the two countries has a rich experience and considering the resources and the success of national economies this partnership is aimed at achieving new milestones in the trade and economic relations. Currently, 600 Turkish companies, which entrusted to implement such major projects as the construction of the international sea port in the Turkmenbashi city, the international airport of Turkmenistan's capital, autobahns, road interchanges and bridges, operate in Turkmenistan. The volume of trade turnover between Turkmenistan and Turkey amounted to $5.

2016-06-14 10:57:15

Iran call on Iraq to remove trade obstacles with Iranians

Iranian Deputy Foreign Minister for Arab and African Affairs asked Iraqi officials on Monday to help boost mutual trade ties by removing obstacles for Iranian traders, IRNA reported. During his meeting with visiting Iraqi Deputy Foreign Minister for Political Affairs Nazar Khairallah, Hossein Amirabdollahian called for removal of obstacles encountered by the Iranian trade companies doing business in Iraq. He asked Iraqi officials to facilitate travel of Iranians to the country and help Iranian companies to do business more actively in the neighboring nation. Amirabdollahian also congratulated the Iraqi Army on recent victories in its fight against terrorists and stressed Tehran's support for Baghdad in its battle against terrorist groups. According to the Iranian official, the joint meeting of political committee was held to help the execution of bilateral agreements in fields of economy, trade, environment as well as consular and border fields. Iraqi deputy foreign minister for political affairs for his part thanked Iran's support particularly in fight against terrorism.

2016-06-14 10:57:04

Oil prices forecasts from major organizations and companies

Oil prices on the world markets fell below $50 a barrel June 10 amid appreciation of the US dollar and negative sentiment across financial markets. Brent crude, the global oil benchmark, fell 1.3 percent to $51.28 a barrel on London's ICE Futures exchange, the Wall Street Journal reported. On the New York Mercantile Exchange, West Texas Intermediate futures were trading down 1.4 percent at $49.

2016-06-12 10:32:38

ADB may consider providing financial support for TAPI gas pipeline

The Asian Development Bank (ADB) may consider providing financial support for the Turkmenistan-Afghanistan- Pakistan- India (TAPI) gas pipeline project when requested, a source in the ADB's Department of External Relations told Trend. "ADB continues to be in discussion regarding its role taking the [TAPI] project forward in all aspects," the source said. The source reminded that ADB has served as the TAPI transaction advisor since 2013 and has already provided more than $4 million in technical assistance grants to date for the project's pre-feasibility studies, risk analysis and mitigation, legal advice, market analyses, and security studies, among others. Meanwhile the source noted that the TAPI is a large project which will require a strong coalition of financiers and the TAPI Pipeline Company Limited consortium implementing the project will engage financial institutions to arrange the necessary financing which is likely to be a mix of equity and debt financing provided and/or credit enhanced by multilateral, regional and bilateral development agencies, export credit agencies, and commercial financial institutions. "Contribution of each party will be determined once we know the total project cost upon completion of the detailed design and due diligence process," the source said. TAPI gas pipeline will make it possible to deliver gas from Turkmenistan, which ranks fourth in the world on biggest gas reserves, to large and promising markets of South and Southeast Asia.

2016-06-10 15:13:40

Brazilian House speaker's wife to be investigated in corruption scheme

Brazilian Federal Judge accepted on Thursday a case against Claudia Cruz, wife of former House speaker Eduardo Cunha, for alleged money laundering and capital flight. Swiss authorities uncovered last year a series of undeclared bank accounts with millions of dollars connected to Cunha, his wife and daughter. The money is believed to have originated from hefty bribes Cunha took in the corruption scheme of Petrobras -- Brazil's state-owned oil company. According to Brazilian newspaper O Globo, funds embezzled from Petrobas, particularly from the purchase of a refinery in Pasadena, California, were found to have been used to pay bills with President Dilma Rousseff's personal hair stylist, Celso Kamura. The case against Cruz was separated from that of her husband's because she, unlike Cunha, is not a federal representative, and thus, does not have the right to sit in a special tribunal. Prosecutors have been working to separate the cases in order to properly prosecute Cruz since last year, but Cunha had been reportedly using his influence to prevent it.

2016-06-10 11:01:09

Sharapova to appeal two-year suspension over doping use

Former tennis world No. 1 Maria Sharapova said Wednesday that she would appeal a two-year suspension announced by the International Tennis Federation (ITF) for violation of anti-doping rules. Earlier in the day, the ITF said on its website that an independent tribunal has found that Sharapova committed an anti-doping rule violation and as a consequence has disqualified the affected results and imposed a period of ineligibility of two years, starting from Jan. 26. Noting that the suspension was "unfairly harsh", the 29-year-old Russian tennis star denied on her Facebook page any intentional attempt to use performance enhancing substance, and vowed to "immediately appeal the suspension portion of this ruling" to the Court of Arbitration for Sport. In March, the five-time grand slam champion was informed by the World Anti-Doping Agency (WADA) that she failed a drug test at the Australian Open in January.

2016-06-09 14:47:46

U.S., India leaders discuss climate change, nuclear energy

U.S. President Barack Obama and Indian Prime Minister Narendra Modi discussed climate change, nuclear energy and economic cooperation during a meeting at the White House on Tuesday. "We discussed how we can as quickly as possible bring the Paris agreement into place, how we can make sure that climate financing that's necessary for India to be able to embark on its bold vision for solar energy and clean energy that Prime Minister Modi has laid out can be accomplished," Obama told reporters after the meeting. In a statement issued later by the White House, the U.S.

2016-06-08 09:53:10

Train crash in Belgium kills at least 3, injures 40 - reports

Three people died and around 40 were injured late Sunday after a passenger train collided with a freight train west of Liege in Belgium, Sputnik reported citing local media. "The passenger train crashed into the freight train. The investigation into the reasons of the accident is underway," Frederick Sakr, a spokesperson for the state-run railway company Infrabel said. The trains collided near Hermalle-sous-Huy on the border between the municipalities of municipality Saint-Georges-Sur-Meuse and Engis, the Belgian news agency Belga cited town mayor Francis Dejon as saying. The collision was very severe, he told Le Soir newspaper, adding the death toll was preliminary. The cause of the crash is unknown.

2016-06-06 11:59:00

Nestle, Alibaba upgrade partnership to tap Chinese consumption potential

Nestle and Alibaba announced plans Sunday to upgrade their partnership. The world's largest food retailer will launch its biggest e-commerce campaign ever with its diverse products, spanning 30 brands from coffee to baby formula, being sold on Alibaba's expansive e-commerce platforms such as Tmall. "Our partnership with Alibaba is all about the consumer. What is so exciting about China as a market is not only its size or population, but that Chinese consumers are a step ahead of consumers in other markets in the digital way they consume," Wan Ling Martello, executive vice president with Nestle overseeing the Asian, Oceanian and African markets, told a press conference scheduled to mark the company's 150-year anniversary. China is the right place to start Nestle's next 150-year growth story as Chinese consumers have a more developed understanding and are quicker to adopt new consumption technologies than their global peers and have great passion for innovation, she added. China's consumption pattern and manner have evolved fast and consumption is becoming increasingly digital with more young consumers choosing to shop online, said Zhang Yong, Alibaba CEO.

2016-06-05 16:10:18

Colombian students to be trained by China's telecom giant Huawei

Fourteen Colombian students will travel to China to attend an information technology training sponsored by Chinese telecom giant Huawei, the company said Friday. The training is part of Huawei's "Seeds for the Future" program, which brings young talent to China to get a grasp on China's telecommunications industry and put their knowledge to use in their home countries, said Xiong Yihui, Huawei's top official in Colombia. The 15-day-training will take the students to China's capital Beijing and Shenzhen, where Huawei is headquartered. Courses such as broadband, voice services, data services, cloud computing and mobile technologies, among others, are offered to the students. Maria Jaramillo, an official at the Ministry of Information and Communications Technologies, told Xinhua that the Colombia government supports such training programs. "We are fully aligned with Huawei's objectives and the ministry is keen to boost technological knowledge and talent in Colombia," she said.

2016-06-04 13:17:41

BP to pay investors 175 mln USD over Deepwater Horizon spill

The BP announced Friday that it has agreed to pay its shareholders a sum of 175 million U.S. dollars to settle their claims that the British oil giant misled them about the severity of the 2010 oil spill in the Gulf of Mexico. In a written statement, the BP said it will pay the investors this year or next. The deal is subject to approval by the court, it added. The settlement ended a class-action complaint filed by BP shareholders who accused the company of publicly lowballing the rate of oil spewing into the Gulf.

2016-06-04 13:17:37

Apple says some services including App Store facing issues

Apple Inc said on Thursday that a number of its services, including the App Store, was experiencing some issues, Reuters reported. Other services affected include those related to iCloud, the Mac App Store and the iPhone maker's Photos application. The issues appear to have started just before 4 p.m. ET (20:00 GMT), according to a timeline provided on Apple's U.S.

2016-06-03 11:29:34
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