News

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Tue, 03 Apr 2018 16:08:42 GMT

Two trains crash in Germany, more than 20 people injured

On Tuesday, two underground trains crashed in the city of Duisburg, Western Germany, with more than 20 people injured after the accident and two of them seriously.

Tue, 03 Apr 2018 15:59:56 GMT

Mexico imposes anti-dumping duties on steel pipes

On Tuesday, Mexican Ministry of Economics stated that it has imposed anti-dumping tariffs on carbon steel pipes imported from India, Ukraine, Spain and South Korea.

Tue, 03 Apr 2018 15:25:56 GMT

Pfizer negotiates with P&G regarding consumer health unit sale

On Tuesday, CNBC reported that Procter & Gamble Co is in talks with Pfizer Inc for acquisition of US drugmaker's consumer health business division, considering the joint venture formation as well.

Tue, 03 Apr 2018 15:16:54 GMT

Saudi Crown Prince claims Israel have right for its own land

On Monday, Saudi Arabia's Crown Prince Mohammed bin Salman claimed that Israelis are entitled to live peacefully and deserve a right to live on their own land, showing that ties between two states become closer. 

Tue, 03 Apr 2018 14:35:47 GMT

Amazon shares slump amid Trump attacks over delivery cost

Shares in Amazon.com have pared some gains on Tuesday, following the US President Donald Trump's attacks on the online retail giant over the company's cost of deliveries sent through the US Postal Service.

Tue, 03 Apr 2018 14:31:45 GMT

Fiat Chrysler reports 8% drop in Canada sales in March

On Tuesday, Fiat Chrysler reported its total Canada sales plunged 8% to 24,490 cars in March, tumbled by a sharp decline for its Dodge and Chrysler brands.

Tue, 03 Apr 2018 13:36:15 GMT

Investment Corp of Dubai attracts $1.2B loan

The Dubai government's main investment arm Investment Corporation of Dubai has raised $1.2B loan, which was necessary to refinance the existing debt.

Tue, 03 Apr 2018 13:34:16 GMT

China plans to mend ties with Zimbabwe

On Tuesday, China's President Xi Jinping told its Zimbabwe counterpart Emmerson Mnangagwa that their countries should work on a "new chapter" in their ties.

Tue, 03 Apr 2018 12:08:57 GMT

RBI drops Axis Bank from bullion importers list

The Reserve Bank of India struck Axis Bank from the list of the leading gold importers for the current financial year, while the reason for such a move has not been clear yet.

Tue, 03 Apr 2018 12:02:10 GMT

China appreciates North Korea's efforts to ease tensions

The Chinese top diplomat Wang Yi stated to North Korea that China had appreciated its efforts to release denuclearisation on the Korean peninsula.

Tue, 03 Apr 2018 11:35:21 GMT

Ford could pick up year 2023 for e-cars production

Ford Motor considers it could potentially start producing electric cars in 2023 in Germany, after its Fiesta model's life cycle will be due to end.

Tue, 03 Apr 2018 11:32:29 GMT

Toshiba not to cancel $18B chip deal until now

Toshiba is not planning to cancel the $18B sale of the memory chip unit's sale unless there is any material change, the company stated on Tuesday.

Tue, 03 Apr 2018 10:34:02 GMT

Swiss yearly retail sales drop less than expected in February

The Federal Statistical Office reported on Tuesday that Swiss annual retail sales posted a smaller-than-expected dip in February, dropping 0.2% in the reported period.

Tue, 03 Apr 2018 10:32:57 GMT

UK manufacturing PMI beats expectations

According to the data released by the UK Office for National Statistics, the country's manufacturing PMI came in at 55.1, beating analysts' expectations.

Tue, 03 Apr 2018 09:38:11 GMT

Germany calls for ex- Catalan leader Puigdemont's extradition

On Tuesday, Germany's prosecutors filed a request for the extradition of the former Catalonia's leader Carles Puighdemont to Spain, seeking him to face charges of rebellion.

Tue, 03 Apr 2018 08:36:36 GMT

Mexico sees ministers meeting to decide NAFTA deal basics scope

According to the Mexican Economy Minister, Canada, Mexico and the United States are set to hold a meeting of ministers to decide scope of the NAFTA trade deal basics in the following days.

Tue, 03 Apr 2018 08:33:56 GMT

Sky News could be separated to satisfy British regulator

Rupert Murdoch's 21st Century Fox stated it could separate Sky News within the Sky group to comply with the British regulator's concerns over the news service's independence under Murdoch's ownership.

Tue, 03 Apr 2018 07:03:45 GMT

Meituan-Dianping to acquire large stake in China's Mobike

The Chinese on-demand online services provider Meituan-Dianping is set to acquire a large stake in the bike-sharing company Mobike, according to the Caixin business magazine.

Tue, 03 Apr 2018 06:54:45 GMT

Supermarket retailers Auchan, Casino in talks over partnership

French supermarket retailers Auchan and Casino have entered talks over forming cooperation regarding the food and non-food items purchasing amid intensified competition in the domestic sector.

Tue, 03 Apr 2018 06:34:23 GMT

NYSE sets reference price for Spotify shares

The New York Stock Exchange has set the reference price for Spotify's shares at $132, as the music streaming service is pursuing a direct listing, while its shares are seen to start trading on Tuesday.

Tue, 03 Apr 2018 06:30:07 GMT

Ranesas shareholders to cut stakes in Japan's chipmaker

On Tuesday, the Japanese chipmaker Ranesas Electronics stated that its state-backed fund INCJ, Hitachi and NEC shareholders would lower their stakes in the company to 33.4%, 3.7% and 4.3% respectively.

Tue, 03 Apr 2018 04:52:32 GMT

Japan's Monex to buy crypto exchange Coincheck

The Japanese online broker Monex Group Inc plans to purchase a local cryptocurrency exchange Coincheck Inc which was recently hit by a $530M theft of digital currency.

Tue, 03 Apr 2018 04:52:20 GMT

INCJ to sell part of Renesas Electronics stock to bolster its competitiveness

Japan's state-backed fund Innovation Network Corp of Japan is to reduce the company's stake in the chipmaker Renesas Electronics Corp to improve its global competitiveness.

Tue, 03 Apr 2018 04:24:51 GMT

RBI drops three banks from list of gold, silver importers

The Reserve Bank of India has dropped Axis Bank, Karyr Vyasa and South Indian Bank from a list of banks allowed to import silver and gold during the fiscal year that began on April 1.

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