News

Note: This section contains information in English only.
Thu, 01 Nov 2018 11:50:06 GMT

Canadian Encana to acquire Newfield Exploriation for $5.5B

On Thursday, Canada's gas and oil producer Encana stated it was set to acquire Newfield Exploration in a deal valued at $5.5B, becoming one of the North America's largest shale oil producers.

Thu, 01 Nov 2018 10:52:12 GMT

Chinese Premier comments on US and Chinese ties

The Premier of China Li Keqiang on Thursday revealed to a delegation of visiting US politicians that the Sino-US relations can be improved.

Thu, 01 Nov 2018 10:51:22 GMT

Spotify publishes quarterly results

The music streaming service leader Spotify on Thursday revealed their quarterly results. The company has experienced a slight paid user increase.

Thu, 01 Nov 2018 10:27:27 GMT

EasyJet still shows interest in "reorganised" Alitalia

The British budget airline EasyJet has submitted its revised interest expression for the restructured carrier Alitalia in relation to a new ongoing sales process led by the Italian government.

Thu, 01 Nov 2018 10:22:25 GMT

Vietjet to complete its $6.5B Airbus order

Vietjet Aviation, the fast-growing budget carrier, is set to complete its $6.5B Airbus aircraft order during the French PM Edouard Philippe's visit to Hanoi on Friday.

Thu, 01 Nov 2018 09:00:04 GMT

Buyout firm Cerberus to acquire SGI Frontier Capital

Cerberus Capital Management, the private equity group, announced on Thursday it would acquire SGI Frontier Capital, giving the firm a foothold for investments in the African and Asian frontier markets.

Thu, 01 Nov 2018 08:59:30 GMT

DPE considers stake sale in First Sensor

Deutsche Private Equity is considering a 36% stake sale in First Sensor, a group that develops electronic sensors used in automotive, medical and industrial sectors.

Thu, 01 Nov 2018 07:24:56 GMT

Elliott and Veritas Capital tie up to acquire Athenahealth

The PE firm Veritas Capital and the hedge fund Elliott Management have tied up over their bid to acquire the US healthcare software developer Athenahealth, saying they are close to sign the deal.

Thu, 01 Nov 2018 07:19:38 GMT

Apple in talks to buy stake in iHeartMedia

Apple and iHeartMedia have held talks over taking a stake in the US radio firm by the tech giant, the Financial Times said on Thursday.

Thu, 01 Nov 2018 05:53:03 GMT

South Korean export grows 22.7% in October

South Korea's export increased 22.7% over the year to $54.97B in October, the second-largest figure in a history, a government report revealed on Thursday.

Thu, 01 Nov 2018 05:52:55 GMT

Sydney Airport CEO wants bigger share of China's tourist market

Sydney Airport CEO Geoff Culbert believed that Australia should do more to capitalize on 80M Chinese tourists travelling abroad every year, despite a 13% increase in the number of China's visitors over the past year to March.

Thu, 01 Nov 2018 05:19:28 GMT

BHP to buy back $10.4B shares

Top global miner BHP stated that it would return shares and pay back $10.4B to shareholders, sticking to a pledge to hand back all of the proceeds from the US shale business sale.

Thu, 01 Nov 2018 05:15:55 GMT

China set for more tax cuts to encourage consumption

China announced plans for more tax cuts in a bid to spur domestic consumption and is set to provide $30.72B in new financing to poor areas until 2020, Zou Jiayi, the Vice Finance Minister, stated.

Thu, 01 Nov 2018 04:31:51 GMT

AIG loss narrows amid reinsurance benefit

American International Group reported a narrowed quarterly loss of $1.26B in the quarter ended September 30, as reinsurance pacts supported the offset of steep losses in North America and Japan.

Thu, 01 Nov 2018 04:27:44 GMT

France, Germany urge China to level playing field for businesses

France and Germany urged Beijing to do more to level EU businesses' playing field in China and address concerns over the business environment through systematic and concrete measures.

Thu, 01 Nov 2018 02:57:08 GMT

EU, UK strike tentative Brexit deal over financial services

Theresa May, the UK Prime Minister, agreed a deal with the EU that would give Britain's financial services companies lingering access to European markets after Brexit.

Thu, 01 Nov 2018 02:53:18 GMT

Ford, VW in talks on electric, self-driving electric vehicles

Ford Motor and Volkswagen were in exploratory talks to cooperate on development of electric and self-driving vehicles in a strategic alliance aimed to save the companies billions of dollars.

Wed, 31 Oct 2018 18:59:23 GMT

Jordan says trade war could rock Swiss Franc

On Wednesday, the Switzerland National Bank Chairman Thomas Jordan said that rising global trade war could hurt the Swiss Franc.

Wed, 31 Oct 2018 18:58:38 GMT

May's spokesperson declines to comment on November 21 Brexit deal date

On Wednesday, the UK Prime Minister Theresa May's spokesperson declined to comment whether a Brexit deal would be reached by November 21.

Wed, 31 Oct 2018 17:59:16 GMT

Raab says Brexit deal to be finalised by November 21

On Wednesday, UK's Brexit Secretary Dominic Raab said that a Brexit deal would be finalised by November 21.

Wed, 31 Oct 2018 17:59:01 GMT

Thousands of migrants depart El Salvador's Capital for US

On Wednesday, more than 2000 migrants departed the Salvadoran capital en-route to the United States, as the US President Donald Trump increased pressure to stop the flow of people.

Wed, 31 Oct 2018 17:02:41 GMT

Airbus struggles to meet jet delivery target

On Wednesday, the European planemaker Airbus announced plans to reduce its jet delivery goal, after series of industrial problems.

Wed, 31 Oct 2018 17:01:00 GMT

Airbus in talks with Emirates and HNA over delivery problems

Airbus is in talks with Emirates Airline about the delay of undelivered A380 jet airliners, and also faces new problems in delivering A330s jet to HNA group.

Wed, 31 Oct 2018 16:17:00 GMT

Anthem shares surge on Wednesday

On Wednesday, Anthem Inc shares surged by 5%, as the health insurer company reported better-than-expected Q3 profit.

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