News

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Tue, 24 Dec 2019 21:37:42 GMT

Boeing appoints new CEO

On Tuesday, Boeing Company announced that David Calhoun has been appointed as the new Chief Executive of the company.

Tue, 24 Dec 2019 19:53:16 GMT

Wesco seeks to buy Anixter

Wesco International, the industrial parts supplier, announced that it was seeking to buy Anixter International with the total equity value bid of $3B.

Tue, 24 Dec 2019 19:20:58 GMT

Israeli tech exits double to $10B

The total exits' value for Israeli tech startups jumped 102% to $9.9B this year, the PricewaterhouseCoopers' report showed.

Tue, 24 Dec 2019 18:02:19 GMT

China to increase jobs' support

China is expected to rise support for jobs to cope with higher pressure over job security due to internal and external challenges, as the economy slows.

Tue, 24 Dec 2019 16:53:24 GMT

Nissan's COO Seki to resign

Jun Seki, the Vice Chief Operating Officer of Nissan, announced its decision to resign in a move, which could disrupt the automaker's turnaround plan.

Tue, 24 Dec 2019 16:30:25 GMT

China to lower tariffs on avocados, frozen pork

China is set to lower tariffs over products, such as avocado and frozen pork, in 2020, as it looks to boost imports due to slowing economy and a trade war with the US.

Tue, 24 Dec 2019 14:40:13 GMT

Spirit Airlines buys 100 Airbus planes

On Monday, the US budget airline Spirit Airlines revealed that it would purchase 100 Airbus A320neo airplanes.

Tue, 24 Dec 2019 14:31:31 GMT

BMW is investigated by SEC

German automaker BMW revealed on Monday that the company is under US Securities and Exchange Commission investigation.

Tue, 24 Dec 2019 12:41:21 GMT

Brazilian government accepts banking bill

On Tuesday, the government of Brazil sent to the Congress for approval the law that would regulate financial entities during a banking crisis.

Tue, 24 Dec 2019 12:02:54 GMT

Thai factory output declines

Data published on Tuesday revealed that during November factory output of Thailand, compared on a year to year basis, declined by 7.1%.

Tue, 24 Dec 2019 10:40:35 GMT

Oil prices surge on Tuesday

During Tuesday's European trading session, crude oil price benchmarks moved higher. The move was attributed to an expected decline in US inventories.

Tue, 24 Dec 2019 10:30:56 GMT

Boeing fires CEO

On Monday, Boeing Company announced that it had fired its CEO Denis Muilenburg due to repeated failures to contain the 737 crisis.

Tue, 24 Dec 2019 08:41:53 GMT

Australian Dollar trades at high level

During Tuesday's Asian trading session, the Australian Dollar held near a four and a half month high level.

Tue, 24 Dec 2019 07:46:33 GMT

Activist investors book record gains

On Tuesday, Reuters revealed that during the last six years various cause activist investment funds have booked their best returns.

Tue, 24 Dec 2019 07:25:58 GMT

Stock indices decline on Tuesday

During Tuesday's Asian trading session, stock indices declined. The start of holidays was blamed for the minor decline.

Tue, 24 Dec 2019 06:10:11 GMT

Boeing fires CEO Muilenburg

Boeing Co has fired its Chief Executive Officer Dennis Muilenburg, as the company attempt to restore confidence after two crashes of its 737 Max jetliner.

Tue, 24 Dec 2019 04:51:22 GMT

US core capital goods orders surge by 0.1%

The US Commerce Department said on Monday that new orders for non-defence capital goods edged higher by 0.1% in November.

Tue, 24 Dec 2019 03:52:56 GMT

Credit Suisse admits to second case of spying

In a statement on Monday, Credit Suisse said that Pierre-Olivier Bouee, the former Chief Operating Officer, had ordered surveillance of its former HR head Peter Goerke.

Tue, 24 Dec 2019 02:59:09 GMT

Khamenei ordered crackdown on protesters

According to sources with direct knowledge of the matter, the brutal crackdown on protesters across Iran in November was ordered by the Iranian Supreme Leader Ayatollah Ali Khamenei.

Mon, 23 Dec 2019 20:43:29 GMT

Hg to acquire Germany's P&I from Permira funds

Hg, the European software investor, announced on Monday that it would buy the German cloud-based HR software provider Personal & Informatik from the Permira funds for $2.22B.

Mon, 23 Dec 2019 19:45:17 GMT

AngloGold Ashanti, IAMGOLD stake sale in Mali mine

AngloGold Ashanti, the mining group, is planning a stake sale with IAMGOLD, the firm's joint venture partner, in the project of Sadiola in Mali for $105M, as South Africa's firm seeks to streamline the portfolio.

Mon, 23 Dec 2019 19:30:19 GMT

Italy's F2i, Spain's Asterion agree on acquiring Sorgenia

F2i, the Italian infrastructure fund, together with Spain's Asterion have agreed on acquiring Sorgenia, the Italian energy company, the group announced on Monday.

Mon, 23 Dec 2019 18:08:34 GMT

DraftKings plans $3.3B IPO in 2020

DraftKings, the fantasy sports and gambling firm, is set to go public in 2020 in a deal that could value the company at $3.3B, it announced on Monday.

Mon, 23 Dec 2019 17:14:59 GMT

EV start-up Rivian closes $1.3B investment from T.Rowe Price

On Monday, the electric car start-up Rivian announced it had closed a $1.3B investment round that was led by T. Rowe Price, the fund manager, as well as existing investors Amazon.com and the US carmaker Ford Motor.

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