News

Note: This section contains information in English only.
Thu, 02 May 2019 08:33:09 GMT

Thomas Cook to accept interest expressions until May 7

On Thursday, Thomas Cook set May 7 as a deadline for interest expressions in the airline business, with Lufthansa and Indigo Partners among the potential bidders.

Thu, 02 May 2019 08:27:11 GMT

Watches of Switzerland sees UK stock market listing

Watches of Switzerland, the private equity-owned group, stated on Thursday it is exploring a London listing of its stock market, as it seeks for acquisition deals in the United States.

Thu, 02 May 2019 07:23:50 GMT

Rolls-Royce on track to hit annual targets

On Thursday, the UK aero-engine maker Rolls-Royce stated it is set to meet the full-year profit and cash forecasts, after it managed to fix the issues related to its Trent 1000 fleet.

Thu, 02 May 2019 07:17:34 GMT

AstraZeneca, Transgene team up on viral immunotherapies

The UK drugmaker AstraZeneca tied up with the French biopharmaceutical company Transgene by signing a deal on Thursday to develop five viral immunotherapies aimed at killing cancer.

Thu, 02 May 2019 06:37:47 GMT

Chevron finalises Houston-area refinery purchase

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Thu, 02 May 2019 06:34:23 GMT

Meredith to consider its US broadcast stations sale

Meredith Corp is getting ready to explore its portfolio sale of the local US broadcast stations, as the company seeks to streamline business, sources close to the matter said.

Thu, 02 May 2019 05:47:38 GMT

Malaysian manufacturing PMI at 49.4 in April

Malaysia's manufacturing PMI grew to 49.4 in April, the highest rate since last year's September, suggesting an improvement in the sector's outlook and return to increase in export orders.

Thu, 02 May 2019 05:47:32 GMT

UK construction sector supported by house-building

The UK construction industry revealed modest increase in house-building, with 37K homes registered for warranities and insurance from the NHBC, up 3% compared with the prior year.

Thu, 02 May 2019 03:54:22 GMT

Starbucks recalls 263K coffee presses

Starbucks recalled about 263K of the company's coffee presses, which were made in cooperation with Bodum, after the coffee chain got reports of breaking and causing deep cuts, the US CPSC stated.

Thu, 02 May 2019 03:54:01 GMT

South Korea's CPI up 0.6% in April

South Korea's consumer prices grew 0.6% in April from a year earlier, remaining below 1% for the fourth month in succession, Statistics Korea reported.

Thu, 02 May 2019 03:31:59 GMT

Iraq exports more than 103M barrels of crude

Iraqi Oil Ministry stated that the country exported more than 103M barrels of crude oil in the month of April, getting in revenue more than $7B.

Thu, 02 May 2019 03:29:34 GMT

Fiat Chrysler reports weaker sales in April

Fiat Chrysler Automobiles reported that overall sales declined in April in both the US and Canada, though sales of its Ram brand kept rising in spite of lingering softness within the industry.

Thu, 02 May 2019 02:37:35 GMT

Irish consumer sentiment sours in April

Ireland's consumer sentiment worsened in April, pushed down by an uncertain outlook and related worries over household incomes, the report showed.

Thu, 02 May 2019 02:33:35 GMT

South Korean factory activity rebounds

South Korea's factory activity returned to growth in April, supported by an increase in hiring, ending five months of contraction, a survey revealed on Thursday.

Wed, 01 May 2019 19:55:19 GMT

US manufacturing activity at 2-1/2-year low

On Wednesday, US factory activity reached 2-1/2 year low in April, because of a sharp fall in orders and in construction spending in March, pointing the economic growth's moderation.

Wed, 01 May 2019 19:55:04 GMT

Wall Street awaits Fed decision

On Wednesday, Wall Street paused from an Apple Inc rally, as traders and investors await the US Federal Reserve's policy announcement.

Wed, 01 May 2019 19:06:02 GMT

Hulu reaches 26.8M paid subscribers

On Wednesday, Hulu achieved rapid growth, as the company announced that it has reached 26.8M paid subscribers.

Wed, 01 May 2019 19:05:49 GMT

Shingles vaccine sales increasing

On Wednesday, British drug maker's GlaxoSmithKline predicted that sales of shingles vaccine are likely to reach $1.3 billion in 2019.

Wed, 01 May 2019 18:12:54 GMT

Apple shares increase more than 6%

On Wednesday, Apple Inc shares increased by more than 6%, pushing the company's market valuation towards the $1 trillion mark.

Wed, 01 May 2019 18:11:52 GMT

May fires UK Defense Minister Williamson

On Wednesday, the UK Prime Minister Theresa May sacked the Defense Minister Gavin Williamson over Huawei leak.

Wed, 01 May 2019 17:01:03 GMT

Estee Lauder raises forecast for 2019 on higher China demand

Estee Lauder raised the forecast for profit and sales for this year after beating Wall Street expectations for Q3 results amid booming demand for its products in China.

Wed, 01 May 2019 17:00:31 GMT

US economic growth appears to slow

The US manufacturing activity weakened more than anticipated in April due to a sharp fall in orders and in construction spending in March, suggesting the economic growth's moderation.

Wed, 01 May 2019 16:30:02 GMT

EBRD to move London HQ to Canary Wharf

The European Bank for Reconstruction and Development is set to move the Bank's London headquarters to the business district of Canary Wharf in the year of 2022, the lender stated.

Wed, 01 May 2019 16:29:03 GMT

US companies hire 275K workers in April

The US private employers added 275K jobs last month, well above forecasts and the most in nine months, supporting the view of the strong labour market, ADP reported.

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