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Hungary first European country to sign up for China Silk Road plan

Hungary has become the first European country to sign a cooperation agreement for China's new "Silk Road" initiative to develop trade and transport infrastructure across Asia and beyond, China's foreign ministry said late on Saturday.


ECB plans more health checks for banks in 2016: Nouy in paper

Euro zone banks should expect another round of health checks in 2016, the European Central Bank's top banking supervisor was quoted as saying, adding that Greece's banks remained solvent.

Adani, Reliance to build Bangladesh power plants to ease crisis

Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country's prolonged power crisis, a senior official said on Saturday.

Iran hopes to begin Russia oil-for-goods exports this week: Fars

Russia will begin importing Iranian oil under a long-heralded oil-for-goods barter arrangement in the coming week, Iran's oil minister was quoted as saying, more than a year after negotiations began.


Latest News

Orange CEO Stephane Richard announced expansion plans in North Africa. The French mobile company has recently launched 4G service in Jordan while its representative expressed willingness to end ties with Israel.
The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.
Hardcore fans of Mortal Kombat X might see a new character added in the expanding kombatant roster, NetherRealm's boss Ed Boon teased via his official Twitter account.According to the game's frontman, Meat might appear in the upcoming Mortal Kombat X character DLC. Such possibility of a Meat DLC was most recently hinted by Boon in his cryptic tweet saying, "I'm interpreting this as a sign: 'Meat' must be in Kombat Pack 2."
The developer's Creative Director Mike Laidlaw has confirmed that a new story-based DLC for Dragon Age Inquisition is in the works following the release of the first major story and single player expansion, Jaws of Hakkon, initially to Xbox One in March and to PS4, PS3 and Xbox 360 a couple of weeks ago.
Internet television service Netflix plans to expand into Italy and Portugal later this year, the company said on Saturday, as part of a bid to expand its popular streaming TV service to some 200 countries worldwide within two years.
Stock investors are expected to tread carefully next week, as speculation about the timing of a U.S. Federal Reserve interest rate hike adds to concerns about valuations.
In a January earnings call with investors, Apple Inc (AAPL.O) Chief Executive Tim Cook made a confident prediction: "2015 will be the year of Apple Pay," he said.
Bigger isn't better for the world's gold miners, who are increasingly making "bite-sized" developments that carry less risk of budget disasters and fewer of the political and environmental disputes that have derailed mega-mines in recent years.
Microsoft has announced the rollout of Xbox Live free games for June 2015 to its subscribers, Massive Chalice headlining the 3 $0 premium titles on Xbox One and Xbox 360.
EXO and BIGBANG will be promoting at the same time for the first time this year. Everyone is anticipating the standoff for the hugest June comebacks.