News

Note: This section contains information in English only.
Tue, 18 Sep 2018 02:32:11 GMT

FedEx shows quarterly profit below Wall Street estimate

FedEx reported the company's quarterly profit, which missed Wall Street projections, as expenses, including employee compensation, weighed on results.

Mon, 17 Sep 2018 20:36:48 GMT

Iran's Supreme Leader rejects talks with US

Negotiations with the US to solve mutual issues would be an "obvious mistake", Iran's Supreme Leader Ayatollah Ali Khamenei says.

Mon, 17 Sep 2018 20:36:10 GMT

China to enhance cooperation with Laos

China will closely work with Laos to further improve the bilateral strategic partnership between the two nations, a Chinese senior official says.

Mon, 17 Sep 2018 19:01:19 GMT

Merkel to sack intelligence chief

The German Chancellor Angela Merkel decided to fire Hans-Georg Maasen, President of the Federal Office for the Protection, after his comments about far-right marches in Chemnitz.

Mon, 17 Sep 2018 18:59:47 GMT

Iran: no talks with US in near future

The Iranian Foreign Ministry on Monday rejected the possibility of negotiations with the US in the near future.

Mon, 17 Sep 2018 18:32:24 GMT

Bundesbank: German growth holds steady

The German economy grows steady and weak GDP growth in the beginning of the third quarter is a "temporary phase of weaknesses", the Bundesbank reports.

Mon, 17 Sep 2018 18:31:27 GMT

Ukrainian president accepts termination of partnership deal with Russia

The Ukrainian President Petro Poroshenko signed a decree to terminate the Ukrainian-Russian Treaty on Friendship, Cooperation and Partnership, the presidential press service reports.

Mon, 17 Sep 2018 17:34:57 GMT

Uganda deploys 24,000 soldiers to combat crime

The Ugandan military deployed around 24,000 soldiers in the capital Kampala and the central district of Wakiso to combat crime.

Mon, 17 Sep 2018 17:34:19 GMT

Volkswagen to build 10M electric vehicles on new platform

Volkswagen plans to build 10M electric vehicles on the basis of a new modular platform MEB, the German car producer says.

Mon, 17 Sep 2018 16:07:29 GMT

Bayer's 60% of Currenta stake put up for sale

Bayr has put its 60% stake in Currenta, the chemical park operator, up for a sale, after failing to close such a deal with its ex-chemicals subsidiary Covestro, according to Reuters.

Mon, 17 Sep 2018 16:02:57 GMT

EU regulators to rule on Microsoft purchase of GitHub by Oct. 19

The European antitrust regulators are set to rule on Microsoft's $7.5B takeover of the privately-owned coding website GitHub by October 19, the EU Commission announced on Monday.

Mon, 17 Sep 2018 14:54:11 GMT

VW's truck unit to be prepared for IPO by 2018-end

Volkswagen stated on Monday that Traton, its truck unit, should be ready for a potential initial public offering by this year-end, while the listing is scheduled for the mid-2019.

Mon, 17 Sep 2018 14:54:01 GMT

EU sets Oct. 19 as deadline to rule on Disney's bid for Fox

The European antitrust regulators are set to rule on the Walt Disney's $71.3B bid for the 21 Century Fox's assets by October 19, the EU Commission stated on Monday.

Mon, 17 Sep 2018 14:37:54 GMT

Denmark to toughen anti-money laundering laws after scandal

On Monday, Denmark's officials announced they would toughen the country's anti-money laundering laws due to an inquiry launched into the biggest lender Danske Bank.

Mon, 17 Sep 2018 14:32:26 GMT

Unilever's shareholder to vote against move to Netherlands

Lindsell Train, the top 10 Unilever's shareholder is seen to vote against the plan on moving to the Netherlands amid the company's clients that might be affected by the move.

Mon, 17 Sep 2018 13:39:39 GMT

Philippines' Duterte still seeks to shut down all mines

On Monday, the Philippines President Rodrigo Duterte has repeated his intention to close all mining in the country after the deadly landslides.

Mon, 17 Sep 2018 13:36:39 GMT

Knorr-Bremse plans listing in Frankfurt this year

Knorr-Bremse, the German brake systems producer, has announced about its plans for an initial public offering on Frankfurt's stock exchange scheduled for this year.

Mon, 17 Sep 2018 12:29:23 GMT

Deutsche Bank plans moving assets to Frankfurt after Brexit

On Monday, Deutsche Bank stated it would move its assets to Frankfurt from London after Britain's withdrawal from the EU bloc scheduled for the next year.

Mon, 17 Sep 2018 12:23:06 GMT

Aurora, Coke discuss cannabis-infused drinks production

Coca-Cola and Canada's marijuana maker Aurora Cannabis are in talks to produce the cannabis-infused beverages, the BNN Bloomberg report showed on Monday.

Mon, 17 Sep 2018 11:38:44 GMT

France's Covea works on new approach to planned Scor takeover

France's cooperative insurer Covea is examining a new approach to Scor's planned takeover, following a rejection to its $9.5B bid last month.

Mon, 17 Sep 2018 11:34:25 GMT

Uniper picks Rothschild to explore French unit sale

Germany's energy company Uniper has hired the investment bank Rothschild with intention to explore its French assets sale, according to sources familiar with the situation.

Mon, 17 Sep 2018 10:11:08 GMT

ECB board member speaks out about rate hikes

Benoit Coeure, who is a board member of the European Central Bank, on Monday stated that the ECB has to clarify its rate hike plans.

Mon, 17 Sep 2018 10:10:39 GMT

IMF releases statement on Brexit

On Monday, representatives of the International Monetary Fund stated that the British economy will most likely shrink, if there is no Brexit deal.

Mon, 17 Sep 2018 09:22:26 GMT

Bertelsmann buys US OnCourse Learning

Bertelsmann, the German publishing group, stated it had acquired the US online education firm OnCourse Learning from the private equity group CIP Capital at the price of several hundreds million euros.

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