News

Note: This section contains information in English only.
Thu, 06 Dec 2018 21:06:13 GMT

US Senate backs Kraninger candidacy

On Thursday, the US Senate backed the US President Donald Trump's nominee Kathleen Laura Kraninger to chair the Consumer Financial Protection Bureau.

Thu, 06 Dec 2018 21:01:07 GMT

Brazilian court stops Embraer-Boeing deal

According to sources familiar with the matter, a Brazilian federal court ruled to disallow Embraer's board to sign a deal with Boeing, which resulted in 2.4% shares drop of the South American plane maker.

Thu, 06 Dec 2018 20:10:50 GMT

Canada denies link between Huawei CFO detention and politics

On Thursday, the Prime Minister of Canada Justin Trudeau categorically denied that his government was somehow involved in arrest of the Huawei CFO Meng Wanzhou.

Thu, 06 Dec 2018 20:05:29 GMT

US becomes net oil exporter

According to data released by the US Energy Department, the volume of exported crude oil last week for the first time exceeded the volume of imported commodity, thus making the country a net oil exporter.

Thu, 06 Dec 2018 19:01:01 GMT

Ex-US Attorney General Barr likely to get back to job

William Barr, the former US Attorney General, who served under the ex-President George H.W. Bush, might return to his job soon, being the leading nominee to replace Jess Sessions.

Thu, 06 Dec 2018 18:53:51 GMT

Noble Group's debt rescue plan at risk as Singapore bans listing

On Thursday, Singapore's authorities stated they were set to block the shares re-listing of Noble Group, putting the company's $3.5B worth debt rescue plan at risk.

Thu, 06 Dec 2018 18:33:29 GMT

EU makes proposal to Switzerland over stock exchanges

The European Union is set to make an offer to the Swiss stock exchanges to give it two more years of rights to lead operations in the EU bloc, if the country's government grants an approval to the overall deal regarding their future relations.

Thu, 06 Dec 2018 18:27:58 GMT

Kroger posts drop inn quarterly same-store sales

On Thursday, the US supermarket chain Kroger has reported its quarterly same-store sales plunged short of estimates, beat by disruptions caused by stores' revamping and sending the company's shared down nearly 3%.

Thu, 06 Dec 2018 17:18:58 GMT

Israel's InterCure prepares for Nasdaq listing

Israeli medical cannabis firm InterCure is preparing for a listing on Nasdaq in the middle of the next year, according to the company's major shareholder Alex Rabinovitch.

Thu, 06 Dec 2018 17:11:24 GMT

Jet Airways promises to clear salary delay by April

On Thursday, the Indian indebted carrier Jet Airways has promised to its pilot union that it would clear all salary backlogs by April 2019, providing them with a schedule showing the payout dates.

Thu, 06 Dec 2018 16:29:18 GMT

China grants approval to Lumentum to buy Oclaro

The US company Lumentum Holdings has received China's antitrust approval for a takeover of Oclaro that had been valued at $1.7B.

Thu, 06 Dec 2018 16:25:05 GMT

Elliott, Siris close to Travelport takeover deal

The buyout firm Siris Capital Group and the hedge fund Elliott Management consortium is close to clinch a takeover deal of Travelport Worldwide, the travel software company, sources reported on Thursday.

Thu, 06 Dec 2018 15:39:36 GMT

France threatens with taxes on digital giants from next year

On Thursday, the French Finance Minister Bruno Le Maire stated the country would impose taxes on the digital titans, such as Google and Facebook, starting from the next year, if the EU-wide tax agreement could not be reached.

Thu, 06 Dec 2018 15:34:23 GMT

Bosch sees slow growth in 2019 car market

Bosch, the German car supplier, stated on Thursday it was seeing a sluggish growth in the global car production next year due to a China's cool-down and falling demand for diesel vehicles in Europe.

Thu, 06 Dec 2018 14:33:13 GMT

Mallinckrodt seeks spinning off its specialty generics business

On Thursday, Mallinckrodt announced about its plans to spin off the specialty generics arm to its shareholders until the next year's second half, ending the search for an appropriate strategic option for the firm.

Thu, 06 Dec 2018 14:25:56 GMT

Hopewall's Chairman proposes taking firm private in $2.7B deal

A Chairman of Honk Kong's Hopewall Holdings made a proposal to take the group private in a potential deal worth $2.7B, sending its shares up as much as 32% on Thursday.

Thu, 06 Dec 2018 13:38:01 GMT

TheStreet plans B2B business arms sale for $87.3M

On Thursday, the financial news outlet TheStreet announced it would sell some of the firm's B2B business units, BoardEx and The Deal, to the British company Euromoney Institutional Investor in a deal worth $87.3M.

Thu, 06 Dec 2018 13:35:03 GMT

KKR invests $100M in Cross River Bank

The PE firm KKR has led a $100M investment into Cross River Bank, the community bank that owns several famous fintech start-ups in the US, both companies announced on Thursday.

Thu, 06 Dec 2018 12:37:49 GMT

Amer Sports ready to clinch $5.2B takeover deal

The Finnish firm Amer Sports is nearing a deal worth $5.2B to be acquired by the Chinese Anta Sport-led consortium, which would take 58% of the company.

Thu, 06 Dec 2018 12:34:44 GMT

Lyft confidentially files for US listing

On Thursday, the ride-hailing service Lyft has confidentially filed for its initial public offering with the US Securities & Exchange Commission, not specifying the amount of shares or the price range for listing.

Thu, 06 Dec 2018 11:07:14 GMT

BYD of China plans to list battery business

It was announced by BYD of China on Thursday that the company intends to list on stock exchanges its battery business, which mainly serves electric vehicles. The listing is planned to occur by 2022.

Thu, 06 Dec 2018 11:06:44 GMT

Top Huawei executive gets arrested

On Thursday, a top executive of Huawei was arrested in Canada under the request of the United States. The event is set to negatively impact the US and China trade truce.

Thu, 06 Dec 2018 10:28:51 GMT

Washington rejects Avista sale to Canadian firm Hydro One

Washington state regulator has rejected a proposed acquisition of the electric utility Avista by Canada's rival Hydro One, as the deal deemed to not keep Avista's customers safe from financial or political risk.

Thu, 06 Dec 2018 10:24:53 GMT

Brazil's Vale to acquire Ferrous Resources for $550M

Brazil's miner and world's key nickel producer Vale SA is set to acquire the mid-sized iron miner Ferrous Resources that could be valued at $550M, including debt.

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