News

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Wed, 12 Sep 2018 07:18:57 GMT

FCC suspends review of Sprint-T-Mobile merger

The Federal Communications Commission has set its review of the merger between Sprint and T-Mobile on a pause, as an intention to provide the agency with more time to analyse new submissions from the firms.

Wed, 12 Sep 2018 07:14:46 GMT

NZX teams up with Nasdaq seeking dual listings

New Zealand's NZX has partnered with the US exchange Nasdaq, seeking to explore opportunities in depository receipts and dual listings, as the NZ bourse seeks attracting international share sales.

Wed, 12 Sep 2018 06:38:52 GMT

Marathon seeks e.l.f Beauty to cut costs or sell itself

Marathon Partners, the US activist investor, called on the cosmetics producer e.l.f. Beauty to sell itself or reduce the company's costs, according to the Wall Street Journal.

Wed, 12 Sep 2018 06:35:50 GMT

Brazil's Previ calls for more details on Being-Embraer deal

The Brazil pension fund Previ's Chief Investment Officer urged on Tuesday for more details on the Boeing-Embraer deal to approve their proposed merger.

Wed, 12 Sep 2018 05:36:22 GMT

Putin plans to meet with Mexican President

On Tuesday, Russian news agency Tass claimed that the President of Russia Vladimir Putin is planning to meet with the newly-elected Mexican President Andres Manuel Lopez Obrador by the end of the year.

Wed, 12 Sep 2018 05:33:08 GMT

Ryanair pilots and cabin crew start strike

On Wednesday, pilots and cabin crew of Irish low-cost carrier Ryanair started a full-day strike in Germany to put a pressure on company's management in labor negotiations.

Wed, 12 Sep 2018 03:52:44 GMT

Carlyle Group in talks to acquire Sedgwick Claims

Carlyle Group LP, a Washington-based private equity firm, is in talks to acquire the largest insurance claims service company in the US Sedgwick Claims Management Services Inc for more than $6B.

Wed, 12 Sep 2018 03:47:37 GMT

US and Japan to hold second round of trade talks

The US Trade Representative Robert Lighthizer and the Minister of Economy of Japan Toshimitsu Motegi will hold a second round of trade negotiations on September 21 in the US.

Wed, 12 Sep 2018 03:14:52 GMT

US and Russia's energy ministers to discuss cooperation

On Wednesday, Russia's Minister of Energy Alexander Novak claimed that he is planning to discuss the cooperation in energy sector with his US counterpart Rick Perry.

Wed, 12 Sep 2018 03:06:50 GMT

China to implement new measures to promote deleveraging

On Wednesday, Chinese newspaper China Daily stated that the government of China is planning to implement additional measures to promote corporate deleveraging, focusing on state-owned companies.

Wed, 12 Sep 2018 02:39:30 GMT

Asian stocks hit 14-month lows

On Wednesday, the stock markets of the largest stock exchanges in Asia hit 14 month lowest because of the verbal threats between China and the US regarding trade conflict.

Wed, 12 Sep 2018 02:36:12 GMT

Russia: oil market drops due to geopolitics

On Wednesday, Russia's Minister of Energy Alexander Novak claimed that the current "fragile" condition of the oil market is the result of geopolitics and demand drop in some countries.

Tue, 11 Sep 2018 20:14:26 GMT

Namibia considers special economic zone

Namibia has plans to create a special economic zone in Walvis Bay, the Minister of Industry, Trade and SME Development Tjekero Tweya says.

Tue, 11 Sep 2018 20:13:09 GMT

Syrian forces fight IS near Iraq

The Syrian forces and allied fighters entered into combat against remnants of the Islamic State fighters in the desert region near the Iraqi border, a monitor group reports.

Tue, 11 Sep 2018 18:53:06 GMT

South Sudan to return Sudan $1.2B

South Sudan plans to repay $1.2B of debt to neighbouring Sudan as oil output increases, the country's petroleum minister Ezekiel Lol Gatkuoth says.

Tue, 11 Sep 2018 18:52:16 GMT

S. Africa business confidence declines

The business confidence in South Africa declined in the third quarter of 2018 to 38 from 45 in the first quarter, the Rand Merchant bank reports.

Tue, 11 Sep 2018 18:31:54 GMT

Saudi Arabia plans to sign space cooperation deal with Russia

The Saudi cabinet approved a deal with Russia for cooperation in the field of space exploration, Saudi Press Agency reports.

Tue, 11 Sep 2018 18:31:06 GMT

China, Russia agree to strengthen cooperation

The Chinese President Xi Jinping and his Russian counterpart, Vladimir Putin, agreed to strengthen cooperation on the sidelines of the fourth Eastern Economic Forum held in Vladivostok.

Tue, 11 Sep 2018 17:39:32 GMT

Cambodian PM wants more foreign tourists, investors

More foreign tourists and investors should visit Cambodia, the Cambodian Prime Minister Samdech Techo Hun Sen says.

Tue, 11 Sep 2018 17:38:53 GMT

China wants to build open world economy

China wants to build an open world economy and East Asia economic community, the Chinese State Councilor and Foreign Minister Wang Yi says.

Tue, 11 Sep 2018 16:34:10 GMT

Google to purchase renewable energy from Finnish wind farms

Google announced it had clinched a ten-year deal to purchase the renewable energy from Finland's new wind farms that would also power the company's data centre.

Tue, 11 Sep 2018 16:20:58 GMT

Ericsson signs $3.5B deal to back T-Mobile US' 5G deployment

On Tuesday, Ericsson, the mobile telecom gear producer, stated it had inked a $3.5B worth deal to provide support to T-Mobile US' 5G network deployment.

Tue, 11 Sep 2018 15:17:00 GMT

Boeing reports 48 deliveries of 737 jets in August

Boeing reported on Tuesday it had delivered 48 of the company's best-selling 737 aircraft in August, two planes less than the previous year and 19 jets more compared with July.

Tue, 11 Sep 2018 15:10:46 GMT

Commerzbank, Deutsche Bank open to merger

On Tuesday, Der Spiegel magazine reported the executives of Commerzbank and Deutsche Bank are increasingly open to a potential merger of the two German largest banks.

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