News

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Tue, 23 Jan 2018 14:31:16 GMT

Apple to launch HomePod speaker sales on Friday

Apple is set to start receiving online orders for its new HomePod smart speaker from January 26 in the United Kingdom, United States and Australia, more than a month later than it was initially planned.

Tue, 23 Jan 2018 14:24:18 GMT

Facebook to ease managing privacy controls amid EU law

Facebook is about to make privacy controls management for its over 2B users easier ahead of the European Union tough law that would come into force in a few months.

Tue, 23 Jan 2018 13:34:00 GMT

Catalan Parliament's majority backs Puigdemont as President

On Tuesday, the former Catalonia's leader Carles Puigdemont stated that a "huge majority" of Catalonia's Parliament supported appointing him as the President.

Tue, 23 Jan 2018 13:27:40 GMT

JPMorgan unveils $20B investment plan on Tuesday

JPMorgan Chase revealed on Tuesday its $20B investment plan that is set to raise wages, open new branches and hire more staff, following fundamental changes to the US tax law.

Tue, 23 Jan 2018 12:04:04 GMT

RBR seeks IT shake-up at Credit Suisse

The investor RBR Capital Advisors called for a shake-up at the Swiss bank Credit Suisse, saying that replacing the IT platform and cutting jobs could create "enormous" value.

Tue, 23 Jan 2018 12:03:03 GMT

EU removes eight jurisdictions from tax haven blacklist

On Tuesday, Finance Ministers of the European Union confirmed the removal of Panama and seven other jurisdictions from the EU tax haven blacklist, a month after it was set up.

Tue, 23 Jan 2018 11:10:30 GMT

CMA rules against Murdoch's acquisition of Sky

The British Competition and Markets Authority has ruled that Rupert Murdoch's $15.7B deal to acquire the telecommunications company Sky was not in the public interest.

Tue, 23 Jan 2018 11:03:12 GMT

IMF: structural reforms are needed to maintain solid global growth

IMF warned that the solid global growth caused primarily by slow US rate hikes and the ECB's large balance sheet was not sustainable, thus requiring structural reforms.

Tue, 23 Jan 2018 10:33:07 GMT

Carrefour shares up on new CEO's promises

Shares in Carrefour jumped 6.3% on Tuesday, following its new CEO Alexandre Bompard's promises to cut costs, step up the e-commerce investment and bring Carrefour China within the reach to investors.

Tue, 23 Jan 2018 10:23:15 GMT

Tillerson: US needs to focus on relationship with UK

The US State Secretary Rex Tillerson stated that the United States should focus on strengthening its relations with Britain, days after Donald Trump had cancelled its London trip over embassy sale.

Tue, 23 Jan 2018 09:33:59 GMT

Train station closed in central London amid gas leak

On Tuesday, the UK police closed the Charing Cross train station in central London, while hundreds of people were evacuated from nearby hotels and nightclubs amid a major gas leak.

Tue, 23 Jan 2018 09:24:29 GMT

TPP-11 members to forge Asia-Pacific trade pact

Eleven countries are set to sign a new trans-Pacific trade agreement in March, following the United States withdrawal from its earlier version in 2017.

Tue, 23 Jan 2018 08:33:22 GMT

Singapore reviews anti-graft law under mounting pressure

Singapore is reviewing anti-corruption law, following a growing pressure on the country's government to severe the rules amid the increased incidence of criminal wrongdoing among companies.

Tue, 23 Jan 2018 08:17:01 GMT

Mercedes-Benz to call off nearly 7K cars in Russia

Daimler's Mercedes-Benz is planning to recall 6,639 vehicles in Russia, following an order that affects cars of the majority of carmaker's classes that were produced in the 2012-2014 time period.

Tue, 23 Jan 2018 07:34:41 GMT

Chinese BAIC seeks $4.5B backdoor listing for EV unit

China's Beijing Automotive Group is set to take its electric car unit public by implementing it into the listed subsidiary in a move worth $4.5B.

Tue, 23 Jan 2018 07:26:55 GMT

Netflix pays $39M charge over Spacey scandal

Netflix took a $39M charge late last year amid sexual misconduct scandal that involved the actor Kevin Spacey, as the streaming video service stopped all projects associated with him.

Tue, 23 Jan 2018 05:55:59 GMT

US imposes trade tariffs on imported solar panels, washing machines

The US President Donald Trump has imposed steep import tariffs on solar panels and washing machines in an attempt to protect domestic producers.

Tue, 23 Jan 2018 05:55:02 GMT

South Korea bans use of anonymous bank accounts in cryptocurrency trading

The South Korean Financial Services Commission is to ban traders from using anonymous bank accounts in trading cryptocurrencies from January 30 in order to avoid money laundering.

Tue, 23 Jan 2018 05:16:35 GMT

LG Display drives shares up by announcing production of OLED panels

LG Display Co Ltd. boosted its shares by 6.2% on Tuesday after announcing the production of plastic OLED panels in the third quarter of 2018.

Tue, 23 Jan 2018 05:14:52 GMT

BOJ leaves monetary policy unchanged

In accordance with expectations, the Bank of Japan kept its monetary policy unchanged on Tuesday, thus leaving its interest rates at -0.1% and 10-year bond yields near 0%.

Tue, 23 Jan 2018 04:19:47 GMT

Australia's wine exports to China increase after FTA cuts tariffs

Australian yearly wine exports to China grew 63% in the December quarter of 2017, as high-end sales surge and the FTA signed two years ago diminished import duties.

Tue, 23 Jan 2018 04:18:58 GMT

Samsung: US tariffs on washing machines cause great loss for consumers

Samsung Electronics stated that the decision of the US government to impose tariffs on washers was a great loss for the US consumers and workers.

Tue, 23 Jan 2018 02:59:58 GMT

Bacardi to acquire Patron Spirits for $5.1B

On Monday, Bacardi reported that it would buy Patron Spirits International for $5.1B, aiming to become the second biggest spirits company in the US.

Tue, 23 Jan 2018 02:58:40 GMT

US Tiger Global invests $1B in Britain's Barclays

Sources close to the matter reported that Tiger Global Management, an investment firm based in the US, invested more than $1B in Barclays.

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