News

Note: This section contains information in English only.
Thu, 14 Jun 2018 03:27:47 GMT

Comcast suggests $65B to lure Fox from Disney's bid

Comcast offered $65B to lure 21st Century Fox away from its merger with Walt Disney, starting a war between the largest media companies with 20% higher offer.

Thu, 14 Jun 2018 03:26:48 GMT

Restaurants in UK could make billions by adapting opening hours

The UK struggling restaurants and bars could earn more than £5B each year by switching opening hours to up-to-date consumer patterns, study by Barclays revealed.

Thu, 14 Jun 2018 02:36:59 GMT

Apple to undercut law-enforcement tool to break into iPhones

Apple stated that it is set to change settings of iPhone to undercut the most popular law-enforcement tools for cracking the devices.

Thu, 14 Jun 2018 02:36:27 GMT

Canada's Freeland: trade actions by US illegal under WTO regulations

Chrystia Freeland, the Canadian Foreign Minister, stated that the US trade actions against the country were illegal under the World Trade Organisation regulations.

Wed, 13 Jun 2018 20:09:00 GMT

Argentina to use $7.5B from IMF deal to fund budget

Argentine authorities asked to use $7.5B of the $50B financing deal with the IMF to finance the country's budget, the Managing Director Christine Lagarde stated.

Wed, 13 Jun 2018 20:08:20 GMT

VW fined €1B by Germany's prosecutors on emissions cheating

Volkswagen was fined €1B over diesel emissions cheating, one of the biggest ever fines imposed by Germany's authorities against a business, public prosecutors stated.

Wed, 13 Jun 2018 19:23:57 GMT

US PPI grows 0.5% in May

The US producer prices revealed stronger-than-anticipated gain of 0.5% in May, fuelling the biggest annual rise in more than six years, the Labour Department stated.

Wed, 13 Jun 2018 19:21:53 GMT

Fed raises rates, anticipates two more increases this year

The US Federal Reserve announced the decision to raise rates to 2%, in line with expectations, and indicated plans for two more hikes this year.

Wed, 13 Jun 2018 18:05:41 GMT

Facebook announces new privacy safeguards after conceding to pressure from advertisers

Facebook is introducing a new policy, that will better show its users about the way companies are choosing adverts for them.

Wed, 13 Jun 2018 17:57:27 GMT

UK Prime Minister Theresa May set to avoid parliament defeat on customs after compromise

After Tuesday's adjustment, Prime Minister Theresa May set to fend off a defeat in parliament over her post-Brexit trade plans on Wednesday.

Wed, 13 Jun 2018 15:47:39 GMT

Qatar extends financial aid to Jordan worth $500M

Qatar is set to provide additional $500M in financial aid package to Jordan to help the country deal with austerity measures introduced by the IMF.

Wed, 13 Jun 2018 15:46:58 GMT

Broadridge joins S&P500

The US-based fintech company Broadridge Financial Services is set to join the S&P500 Index as of Monday, June 18, 2018.

Wed, 13 Jun 2018 15:07:33 GMT

GM appoints new CFO

The US-based auto manufacturer General Motors announced on Wednesday that Dhivya Suryadevara had been appointed the company's new CFO as of September 1.

Wed, 13 Jun 2018 15:05:26 GMT

Timmermans: Political control over Polish courts violates EU treaties

The First Vice President of the European Commission Frans Timmermans explained that putting the Polish judiciary under political oversight violated EU treaties.

Wed, 13 Jun 2018 14:37:22 GMT

Vintage Capital lifts Rent-A-Center bid to $14/share

On Tuesday, the buyout company Vintage Capital Management has sweetened its bid for Rent-A-Center to $14 a share in cash, following the retailer's rejection over unsatisfactory takeover proposal.

Wed, 13 Jun 2018 14:33:15 GMT

Hong Kong'sCKI makes $9.8B takeover proposal for Australia's APA

Hong Kong's CK Infrastructure has launched a $9.8B takeover bid for the Australian largest gas pipeline firm APA Group, sending its shares 21% up to A$10.00.

Wed, 13 Jun 2018 13:37:22 GMT

J&J accepts Platinum's $2.1B bid for LifeScan unit

On Tuesday, Johnson & Johnson accepted the buyout offer worth $2.1B from the private equity group Platinum Equity for its LifeScan unit.

Wed, 13 Jun 2018 11:59:23 GMT

French Suez opens JV hazardous waste treatment factory in China

On Wednesday, France's utility Suez has launched a hazardous waste treatment factory joint venture with China Everbright International in Changzhou, the countries Jiangsu eastern province.

Wed, 13 Jun 2018 11:53:05 GMT

Hometown makes proposal to Australia's Gateway Lifestyle

Hometown Australia Holdings and Hometown America Communities have made a non-binding offer for the Australian firm Gateway Lifestyle Group, valuing the company at $480M.

Wed, 13 Jun 2018 11:39:41 GMT

France's ERAMET lifts offer for Australia's Mineral Deposits

On Wednesday, France's ERAMET announced it had increased the all-cash offer for the Australian firm Mineral Deposits to A$1.775 per share, bringing the company's value to A$344.7M.

Wed, 13 Jun 2018 11:36:57 GMT

Bloom Energy start-up files for listing

The fuel cell start-up Bloom Energy is seeking an initial public offering latte on Tuesday with the US Securities & Exchange Commission, intending to attract up to $100M in the listing.

Wed, 13 Jun 2018 09:30:20 GMT

Saudi Aramco seeks partnerships to expand petrochems, refining

Saudi Aramco is eyeing partnerships to bolster investments into petrochemicals and refining to secure new crude markets to reduce the slowdown risk in oil demand.

Wed, 13 Jun 2018 09:22:43 GMT

UK lawmakers to question Asda and Sainsbury's CEOs over deal

British lawmakers are set to question the heads of the UK supermarkets Asda and Sainsbury ahead of their $9.77B acquisition deal, announced in April.

Wed, 13 Jun 2018 08:36:18 GMT

Parsons agrees to pay $133M for revamped Arizona retail centre

The Go Daddy founder Bob Parsons is set to acquire a revamped retail centre in Arizona's Phoenix suburb in a deal valued at $133M, his real estate concern said on Tuesday.

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