News

Note: This section contains information in English only.
Wed, 03 Apr 2019 07:36:44 GMT

JDI to supply Apple Watch with OLED screens

Japan Display Inc is set to supply OLED screens for Apple Watch starting this year, paving its way to the OLED display market on the back of cash issues in the company.

Wed, 03 Apr 2019 07:33:38 GMT

Roche Holding prolongs Spark offer until May

Roche Holding has decided to prolong its $4.3B offer for the US gene therapy company Spark Therapeutics until May 2, after the Swiss drugmaker got only 29.4% of specialist's shares in a deal originally due to complete on Wednesday.

Wed, 03 Apr 2019 04:53:51 GMT

Royal Dutch Shell set to leave US refining lobby

Royal Dutch Shell Plc became the first oil and gas company to leave the US refining lobby, citing climate differences.

Wed, 03 Apr 2019 04:53:36 GMT

Global equity markets reach six-month high

Global equity markets hit a six-month high on Tuesday, as investors and traders took a brief pause from three days run of gains.

Wed, 03 Apr 2019 04:05:30 GMT

Algeria's President Bouteflika resigns

The Algerian President Abdelaziz Bouteflika has resigned from office after 20 years rule, amid pressure from the country's powerful military.

Wed, 03 Apr 2019 04:03:51 GMT

Crude oil prices hit 2019 high

Crude oil prices reached 2019 high level on Tuesday. The surge was attributed to OPEC supply cuts and the US sanctions against Venezuela and Iran.

Wed, 03 Apr 2019 03:37:26 GMT

US one auto sales decline in weak start to this year

Major automakers reported weak sales in the US for the periods of March and the first quarter, pointing to a rough start to the year, though said a strong economic growth and labour market should support sales.

Wed, 03 Apr 2019 03:32:59 GMT

Toyota to provide access to patents of hybrid vehicles

Toyota Motor announced plans to provide royalty-free access to the company's hybrid-vehicle technology patents this year, the Nikkei Asian Review stated.

Wed, 03 Apr 2019 02:33:49 GMT

Canadian auto sales decline 2.5% in March

Canada's auto sales dropped 2.5% percent in March from the prior period, marking 13 months of declines in succession, according to industry data.

Wed, 03 Apr 2019 02:30:21 GMT

China's services activity at 14-month high in March

Activity in the Chinese services sector jumped to a 14-month high last month amid improved demand, a private survey showed, suggesting that government stimulus measures were gradually kicking in.

Tue, 02 Apr 2019 19:41:58 GMT

Head of Federal Reserve will address Democrats

The head of the Federal Reserve is expected to brief the Democrats of the House of Representatives about the economy next week. Meanwhile, the head of the Fed has been criticised by the President of the US.

Tue, 02 Apr 2019 19:41:37 GMT

Theresa May comments on Brexit

The Prime Minister of the United Kingdom announced on Tuesday that she will seek a further Brexit delay. Moreover, the PM intends to work out a deal with the opposition.

Tue, 02 Apr 2019 18:41:35 GMT

Auto sales drop in US

On Tuesday, it was announced by major automakers that during March all companies have experienced a decline in automobile sales. Meanwhile, the automakers announced that they expect a surge in auto sales during the rest of the year.

Tue, 02 Apr 2019 18:41:26 GMT

Daimler CEO comments on Boeing scandal

On Tuesday, the head of Daimler announced that the recent Boeing scandal is bound to hurt all autonomous tech development in the world. The announcement is revealing that Daimler has been creating new technology that has been affected.

Tue, 02 Apr 2019 17:42:24 GMT

Oil prices reach new high level

Crude oil price benchmarks on Tuesday hit a new high level. The surge of the prices was caused by OPEC production cuts.

Tue, 02 Apr 2019 17:42:16 GMT

Ireland will not check goods on EU border ports

On Tuesday, the Foreign Minister of Ireland announced that there will be no countenance checks at the Irish EU ports in the case of a no-deal Brexit. Ireland intends to have a open border with Northern Ireland.

Tue, 02 Apr 2019 16:54:04 GMT

Vodafone expects approval of Liberty Global deal

On Tuesday, representatives of Vodafone announced that the company is expecting an approval of its Liberty Global asset purchase by the middle of this year.

Tue, 02 Apr 2019 16:53:56 GMT

Global debt continues to increase

A report published by the IIF on Tuesday revealed that global debt has grown in 2018 by $3.3 trillion. During the year before debt had grown by $21 trillion.

Tue, 02 Apr 2019 15:42:40 GMT

Continental announces car software market growth

Representatives of the auto part supplier Continental announced on Tuesday that the company is expecting car software revenues to quadruple by 2030.

Tue, 02 Apr 2019 15:41:49 GMT

Euro reaches record low

On Tuesday, the Euro reached a three week low level against the US Dollar. The reason for the decline were the recent news that the European Central Bank will continues its monetary easing policy.

Tue, 02 Apr 2019 15:07:36 GMT

Bitcoin price jumps on Tuesday

During Tuesday's London session Bitcoin's price jumped by twenty percent. The move was attributed to a large anonymous buy order that created the needed demand for the price surge.

Tue, 02 Apr 2019 15:07:04 GMT

Wall Street opens flat

On Tuesday, US markets opened flat. The flat opening was considered normal, as US stocks had surged during the past three trading sessions.

Tue, 02 Apr 2019 14:38:21 GMT

Toyota reports fall in March US auto sales

On Tuesday, Japan's Toyota Motor posted a 3.5% drop to 214,947 cars in the US auto sales in March, tumbled by weaker demand for the carmaker's Camry vehicles and Corolla sedans.

Tue, 02 Apr 2019 14:34:55 GMT

Sunrise head seeks approval for UPC deal

The CEO for Sunrise Communications, Olaf Swantee, is optimistic to receive an approval from its largest shareholder Freenet for its planned acquisition of UPC's Swiss business unit.

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