News

Note: This section contains information in English only.
Thu, 13 Sep 2018 02:55:16 GMT

Japan booming machinery orders indicate accelerating growth, capex

Japanese core machinery orders firmly exceeded forecasts in July, bouncing back from the prior month's drop and firming up the view that capex would continue to expand and boost economic growth.

Thu, 13 Sep 2018 02:36:34 GMT

Oil prices drop, as economic concerns confront tightening supplies

Oil prices decreased on Thursday, reversing strong gains from the prior session, with economic concerns raising doubts over the ongoing growth in fuel demand.

Thu, 13 Sep 2018 02:31:26 GMT

Hershey to buy Pirate Brands for $420M

Hershey stated that the company would buy Pirate Brands from B&G Foods for $420M, providing the chocolate producer rights to snack brands such as Pirate's Smart Puffs, Booty and Original Tings.

Wed, 12 Sep 2018 20:04:47 GMT

China: fiscal revenue growth slows

China's fiscal revenue growth slowed to 4% year on year in August, a decline from the 6.1% growth in July, amid measures to cut fees and taxes, official data shows.

Wed, 12 Sep 2018 20:04:08 GMT

UN chief appoints new envoy for Somalia

The UN Secretary-General Antonio Guterres appointed Nicholas Haysom as the head of the UN peacekeeping mission in Somalia and as the special representative in the country.

Wed, 12 Sep 2018 19:04:17 GMT

Juncker: Europe needs meaningful migration policy

The European Council should decide on meaningful migration policy and avoid improvised solutions, the European Commission President Jean-Claude Juncker says.

Wed, 12 Sep 2018 19:03:35 GMT

Greece raises $944M of debt

Greece on Wednesday sold $944.66M of debt at the cost of 1.09%, the same rate as the previous issue, the Greek finance ministry reports.

Wed, 12 Sep 2018 18:15:50 GMT

United Tech to pay $14M fine for illegal payments

On Wednesday,  the US security regulator claimed that United Technologies Corp would pay $13.9M to settle charges regarding illegal payments to Indonesia, Azerbaijan, China, South Korea, Kuwait, Pakistan and Thailand.

Wed, 12 Sep 2018 18:15:10 GMT

US and Japan report about successful ballistic missile test

On Wednesday, the US military officials claimed that Japan and the US have successfully tested Aegis, a new missile defence system developed by Lockheed Martin Corp.

Wed, 12 Sep 2018 16:50:47 GMT

Macy's plans hiring 80K workers for holiday season

On Wednesday, Macy's stated it was planning to hire 80K temporary workers for the upcoming holiday season, with nearly 24K seasonal workers to be employed at its US fulfilment centres.

Wed, 12 Sep 2018 16:50:39 GMT

Centerbridge, Blackstone look at joint bid for Spanish Santander HQ

The American investors Centerbridge and Blackstone are thinking over a $3.5B worth bid for the headquarters of Banco Santander in the Spanish capital of Madrid, sources reported on Wednesday.

Wed, 12 Sep 2018 16:15:40 GMT

China's Fosun considers buying Britain's Marex Spectron

China's conglomerate Fosun International is in talks to acquire UK-based commodities broker Marex Spectron, in a potential deal that could expand Fosun's portfolio, according to two industry sources.

Wed, 12 Sep 2018 16:08:28 GMT

Apple seen to launch new iPhones at higher price

The prices for Apple's new iPhones, which are set to be launched on Wednesday, are expected to exceed the $1.0K barrier, while Wall Street targets a price of $1.049 or $1.099 for its top model.

Wed, 12 Sep 2018 15:19:23 GMT

Germany to put all efforts into preventing Syria's chemical attack

On Wednesday, the German Defence Minister Ursula von der Leyen stated that Germany and its allies must put all their forces into preventing chemical weapons to be used in Syria.

Wed, 12 Sep 2018 15:18:37 GMT

Sisense attracts $80M to boost aggressive hiring

The data analytics company Sisense has raised $80M in its latest fund round led by Insight Venture Partners that would help accelerate the company's aggressive hiring.

Wed, 12 Sep 2018 13:51:48 GMT

Ryanair views growing risk of "no-deal" Brexit

The Irish carrier Ryanair is seeing an increasing risk that Britain might fail securing the Brexit deal with the European Union that could result in flight delays and cancellations during several days or weeks in March 2019.

Wed, 12 Sep 2018 13:51:40 GMT

EnQuest halts sale talks over Kraken stake amid debt deadline

EnQuest has dropped its plans to sell its stake in the North Sea oilfield Kraken, as the deadline for the company's debt approached, according to the banking and industry sources.

Wed, 12 Sep 2018 13:39:00 GMT

Ex-minister Davis: Britain to reset Brexit plans after talks in Salzburg

David Davis, the ex-Brexit Secretary, stated that the British PM Theresa May's government was likely to change Brexit plans, following informal meeting of the EU officials in Salzburg next week.

Wed, 12 Sep 2018 12:32:28 GMT

Italian ruling coalition calls for Consob chief resignation

On Wednesday, the Italian ruling coalition stated its chief of Consob Mario Nava should step down amid his ties to the EU row with Nava's institutional role.

Wed, 12 Sep 2018 12:29:12 GMT

Russian and German ministers to hold talks on Syria, Ukraine

According to the German Foreign Ministry's spokeswoman, the Russian and German ministers Sergei Lavrov and Heiko Maas are set to hold talks over Ukraine and Syria problems on the Friday meeting in Berlin.

Wed, 12 Sep 2018 11:37:05 GMT

Nielsen Holdings to expand its strategic alternatives review

On Tuesday, the TV rating provider Nielsen Holdings stated it would expand its strategic alternatives review to include its entire company sale, after Elliott Management had urged to do so.

Wed, 12 Sep 2018 11:34:14 GMT

Stanley Black & Decker to acquire 20% stake in MTD

On Wednesday, Stanley Black & Decker stated it had agreed to acquire a 20% stake in the privately-owned firm MTD Products in a deal valued at $234M.

Wed, 12 Sep 2018 09:59:01 GMT

Oil trades near $70

On Wednesday, oil prices hovered near the $70 level, which was the highest reached level by the commodity during this year.

Wed, 12 Sep 2018 09:58:28 GMT

New York overtakes London in Finance

A recent survey published by Z/YEN New York has taken the first place in the top of the global financial hubs. New York has overtaken London due to Brexit.

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