News

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Wed, 11 Jul 2018 07:34:53 GMT

AT&T to acquire cyber-security company AlienVault

On Tuesday, AT&T agreed to acquire the privately-owned Silicon Valley's start-up AlienVault that would allow the telecommunications company to expand its cyber-securities product line.

Wed, 11 Jul 2018 07:13:44 GMT

China's Luckin Coffee attracts $200M to boost expansion

On Wednesday, Luckin Coffee announced it raised $200M in a new fundraising round, bringing its value to $1.0B, as the Chinese start-up had been expanding aggressively to outrace its rival Starbucks.

Wed, 11 Jul 2018 06:39:59 GMT

JD.com's finance arm attracts $2.0B, doubles valuation

JD.com's finance unit raised around $1.96B in the fresh equity with China investors, doubling the valuation of the company ahead of the scheduled IPO.

Wed, 11 Jul 2018 06:36:34 GMT

21st Century Fox agrees $32.5B deal to buy Sky

On Wednesday, Rupert Murdoch's Twenty-First Century Fox agreed to acquire Britain's Sky in a deal that would value the pay-TV company at $32.5B, topping its rival Comcast's bid.

Wed, 11 Jul 2018 02:36:41 GMT

Japan machinery orders fall less than anticipated in May

Japan's core machinery orders dropped in May, pulling back from the prior month's big gain, though the decrease was softer than anticipated, easing concerns about slowing capital expenditure due to US-China trade war.

Wed, 11 Jul 2018 02:32:35 GMT

US to impose tariffs on extra $200B of China's imports

The Trump administration raised stakes in the trade war with China, saying that it is set to slap 10% tariffs on extra $200B worth of China's imports.

Tue, 10 Jul 2018 21:12:45 GMT

United States prepare to review Afghanistan strategy

On Tuesday, it was officially announced that the United States are preparing to review their war strategy in Afghanistan.

Tue, 10 Jul 2018 21:12:03 GMT

US stocks end session in the green

The major US stock indexes ended the day's trading session positively, as the US stock market continue to surge.

Tue, 10 Jul 2018 20:10:33 GMT

TCS posts record profits

The biggest software firm in India Tata Consultancy Services has posted a record profit and is still expecting to gain in the next years.

Tue, 10 Jul 2018 20:09:31 GMT

Two people are convicted of insider trading

In the United States two employees of biopharmaceutical companies have been convicted for insider trading done by knowing confidential information.

Tue, 10 Jul 2018 19:11:32 GMT

Trump is still not sure about Putin

The President of the United States Donald Trump on Tuesday announced that it is still unsure whether Vladimir Putin is to be considered a friend or enemy to the US.

Tue, 10 Jul 2018 19:10:15 GMT

US judge allows Monsanto lawsuit

A US judge has approved the proceeding of hundreds of lawsuits that allege that Monsanto's weed killer causes cancer.

Tue, 10 Jul 2018 18:01:22 GMT

US stock markets surge

US stocks surged on Tuesday, as the surge was being driven by the stock of Pepsi and oil prices.

Tue, 10 Jul 2018 18:00:38 GMT

Vietnam arrests former Mobifone chairman

Vietnamese authorities have detained the former chairman of Mobifone on allegations of mismanagement and corruptions.

Tue, 10 Jul 2018 17:09:33 GMT

Tesla will build large plant in China

The CEO of Tesla on Tuesday made a deal with Chinese authorities to create a new auto production plant in Shanghai.

Tue, 10 Jul 2018 17:08:51 GMT

Air France looks for new CEO

The government of France has signalled Franco-Dutch airline that the company needs to find a new cost cutting CEO, which would save the company.

Tue, 10 Jul 2018 15:57:19 GMT

Italian minister speaks out about Euro

The Minister of European Affairs of Italy Paolo Savona on Tuesday announced that the country needs to prepare for all eventualities regarding the euro zone.

Tue, 10 Jul 2018 15:56:32 GMT

Amazon workers strike in Spain

Nearly one thousand employees of Amazon began a three-day strike in Spain due to a dispute about worker's rights.

Tue, 10 Jul 2018 15:11:03 GMT

Iranian top advisor will meet Putin

An adviser of the Iranian Supreme Leader is set to visit Moscow on Wednesday and meet with Vladimir Putin.

Tue, 10 Jul 2018 15:10:07 GMT

SEC accuses ex-CEO of Heartland Payments

The Securities and Exchange Commission of the United States on Tuesday charged the previous CEO of Heartland Payments with insider trading.

Tue, 10 Jul 2018 14:38:38 GMT

Activist Paulson cuts stake in Britain's Premier Foods

Paulson & Co reduced its holding in the British firm Premier Foods to a little bit over 6% compared to the previous 7.5%, the hedge fund company stated on Monday.

Tue, 10 Jul 2018 14:35:40 GMT

Fuji Xerox head: no dispute can cause Xerox-Fujifilm deal

On Tuesday, the Chief Executive of Fuji Xerox stated that no dispute escalating between the partners would lead to the joint venture's dissolution.

Tue, 10 Jul 2018 13:39:44 GMT

Petrobras closer to $1.3B stake sale in African venture

Petroleo Brasileiro, Brazi's state-owned oil firm, is nearing an agreement to sell its stake in the African venture for about $1.3B, according to the Valor Economico newspaper.

Tue, 10 Jul 2018 11:55:15 GMT

Softbank's Japan telecoms arm files for IPO in Tokyo

SoftBank Group's japan telecommunications division has applied for listing on Tokyo's Stock Exchange, with SoftBank remaining its major consolidated subsidiary after the listing.

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