News

Note: This section contains information in English only.
Thu, 13 Sep 2018 19:08:27 GMT

GM to recall 1.2M vehicles worldwide

General Motors was recalling 1.205M sport utility vehicles and pickup trucks worldwide amid issues with a power steering's temporary loss, the automaker stated.

Thu, 13 Sep 2018 18:22:06 GMT

German leaders plan meeting next week

Leaders of the German ruling parties stated they were set to meet next week to decide on whether the intelligence agency's embattled head should keep the job.

Thu, 13 Sep 2018 18:00:02 GMT

EU raises competition concerns about Tele2's Dutch deal

The European Commission has raised concerns on Thursday over the competition effect by its planned acquisition of the effect by its planned acquisition of the Tele2's Dutch operations.

Thu, 13 Sep 2018 16:56:08 GMT

Stephen Scherr becomes new Goldman Sachs' FCO

Goldman Sachs appointed Stephen Scherr as a new Finance Chief Officer to replace Martin Chavez, in its largest management shake-up, the bank reported on Thursday.

Thu, 13 Sep 2018 16:50:38 GMT

US initial jobless claims drop to 204K last week

The number of applications for US unemployment benefits dropped to 204K, its lowest level in almost 49 years, in the week ending September 8, while analysts anticipated a surge to 210K.

Thu, 13 Sep 2018 16:35:05 GMT

British regulator launches inquiry into CME's takeover of NEX

The UK antitrust watchdog has launched an inquiry into the US exchange company CME Group's acquisition of NEX Group worth $5.5B due to concerns it could reduce the competition.

Thu, 13 Sep 2018 16:29:44 GMT

Healthcare merger talks between ICU Medical Smiths collapse

On Thursday, Britain's engineering company Smiths Group stated the talks with the US ICU Medical about a potential $9.2B merger deal had fallen through.

Thu, 13 Sep 2018 15:36:29 GMT

Walmart to acquire food delivery firm Cornershop

Walmart has clinched a deal to acquire the Latin American delivery service Cornershop worth $225M for its subsidiary Walmart de Mexico, also known as Walmex, the group stated on Thursday.

Thu, 13 Sep 2018 15:32:01 GMT

Hanover Insurance plans sale of specialty unit for $950M

On Thursday, Hanover Insurance Group announced a planned sale of its specialty unit to China Reinsurance Group in a deal valued at $950M, as it seeks expansion of its domestic business.

Thu, 13 Sep 2018 14:38:39 GMT

Atlantia, ACS committed to Abertis deal despite bridge collapse

Spain's ACS and Italy's Atlantia are pursuing their joint Abertis takeover deal, despite the motorway bridge collapse in Genoa.

Thu, 13 Sep 2018 14:25:55 GMT

Eni denies being involved in talks over Alitalia

On Thursday, Italy's energy group Eni has denied any involvement in talks regarding the loss-making carrier Alitalia, after the report published by the financial newspaper Il Sole 24 Ore.

Thu, 13 Sep 2018 13:39:19 GMT

Lactalis sees Aspen's takeover to bolster its overseas presence

Lactalis, France's privately-owned dairy group, is expecting its takeover of the Aspen global infant formula unit to boost the company's overseas presence.

Thu, 13 Sep 2018 13:34:59 GMT

Singapore's ST Engineering to purchase planes part maker

On Thursday, Singapore Technologies Engineering stated it would buy MRA Systems, the aircraft part maker, from General Electric in a $360M deal.

Thu, 13 Sep 2018 12:38:17 GMT

US Black Mountain to acquire Australia's nickel project

Black Mountain, the US private equity group, will acquire the Australian nickel project, on the back of the rising demand for the electric vehicles in the market.

Thu, 13 Sep 2018 12:35:21 GMT

Online furniture retailer Westwing plans listing in Frankfurt

The EU online furniture site Westwing, backed by Germany's investor Rocket Internet, is planning to attract about $139M in the Frankfurt initial public offering.

Thu, 13 Sep 2018 10:55:45 GMT

Takeda considers Shire's unit sale to cut debt

Japan's Takeda Pharmaceuticals is weighing a sale of Shire's eye care business unit, right after closing a $62B purchase of the British drugmaker, as it seeks to reduce the debt raised to finance the deal.

Thu, 13 Sep 2018 10:53:40 GMT

Vietnam PM calls on Carlsberg to build stake in Habeco

The Vietnamese Prime Minister has urged the Danish brewer Carlsberg to lift its 17% stake in the country's beermaker Habeco with intention to enhance the privatisation of state assets.

Thu, 13 Sep 2018 10:08:42 GMT

Ryanair crews will strike

The cabin crews of Ryanair are planning to strike in at least five countries on September 28, a union representative revealed on Thursday.

Thu, 13 Sep 2018 10:08:27 GMT

EU parliament wants to sanction Hungary

The European Parliament on Wednesday voted to sanction Hungary because of a combination of various cases, in which the country refused to comply.

Thu, 13 Sep 2018 09:38:43 GMT

Daimler acquires 20% stake in VW's Heycar used-vehicle service

Germany's Daimler has acquired a 20% stake in Volkswagen's used-vehicle platform Heycar, its rival carmaker announced on Thursday.

Thu, 13 Sep 2018 09:36:39 GMT

L&G signs $5.7B worth pension deal with British Airways

UK's Legal & General has closed a deal on Thursday to insure $5.73B of the historic pension liabilities of British Airways.

Thu, 13 Sep 2018 08:22:54 GMT

Canada's miner New Gold looks at selling itself

Canada's New Gold is considering a sale as the miner is facing operating challenges and rising development costs at its newly-built mine, sources familiar with the matter reported.

Thu, 13 Sep 2018 07:54:10 GMT

Natixis to sell finance businesses to parent bank

On Wednesday, France's Natixis stated it would sell a couple of specialised finance business lines to BPCE, the French cooperative lender and its owner, in a deal worth $3.1B.

Thu, 13 Sep 2018 06:58:03 GMT

Sky shareholders to decide on Comcast bid until October 6

Comcast Corp stated on Wednesday that the Sky shareholders would consider the bid from the US cable giant worth £14.75 per share until October 6.

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