News

Note: This section contains information in English only.
Thu, 23 Aug 2018 07:54:10 GMT

Philippines' San Miguel to sell $2.7B worth shares in food arm

Philippines' San Miguel is planning a $2.7B worth share sale in its beverage and food division San Miguel Food and Beverage at a steep premium, the company stated on Thursday.

Thu, 23 Aug 2018 07:40:12 GMT

Australia's competition regulator clears Ooh!Media-Adshel, JCDecaux-APN deals

Australia's Competition and Consumer Commission has cleared on Thursday the proposed takeover of APN Outdoor by JCDecaux and the acquisition of the HT&E Ltd's bus stop advertising unit Adshel by Ooh!Media.

Thu, 23 Aug 2018 07:27:53 GMT

India's RCom completes sale of $285M worth infrastructure assets

On Thursday, India's Reliance Communications stated it had finalised the sale of its MCNs and $285.4M worth infrastructure assets to Reliance Jio Infocomm.

Thu, 23 Aug 2018 06:39:03 GMT

Saudi Arabia's Energy Minister says Aramco's IPO not to be halted

On Thursday, the Energy Minister of Saudi Arabia denied a report from Reuters that an initial public offering of the oil state titan Aramco would be halted.

Thu, 23 Aug 2018 06:35:15 GMT

CPPIB, Goodman pledge $1.75B to their China logistics patnership

The Canada Pension Plan Investment Board and Australia's property developer Goodman Group announced on Thursday about committing additional $1.75B of equity to their China logistics partnership.

Thu, 23 Aug 2018 05:08:27 GMT

Synopsys' results, forecast put shares on strong pace

Synopsys reported better-than-anticipated quarterly results and forecast Q4 above Wall Street estimates, as the chip design software maker benefited from higher demand from semiconductor clients.

Thu, 23 Aug 2018 05:05:28 GMT

Latvia's agricultural sector reports €359M in drought damage

The losses of farmers in Latvia, which suffered from summer's unusual heat and prolonged dry spell, amounted to €359M, the country's Agriculture Ministry stated.

Thu, 23 Aug 2018 04:05:32 GMT

US exports of natural gas to Mexico at record high in July

The US natural gas pipeline exports to Mexico reached a record high in July this year, after the several key pipelines' commissioning in Mexico, the US EIA stated.

Thu, 23 Aug 2018 03:54:08 GMT

Poland envisages $44.5B borrowing needs in next year's budget

Poland foresaw gross borrowing needs of $44.5B in the country's 2019 budget draft, Piotr Nowak, the Deputy Finance Minister, told Polish Press Agency.

Thu, 23 Aug 2018 03:00:59 GMT

Credit Suisse freezes $5B of Russian money amid US sanctions

One of Switzerland's biggest banks, Credit Suisse, frozen $5B of money linked to Russia to avoid falling foul of the US sanctions, further rising pressure on Moscow.

Thu, 23 Aug 2018 02:57:13 GMT

Pay awards across British firms weaken

The average pay increase awarded by the UK employers weakened during the three-month period to July for the first time in two years, according to a survey published on Thursday.

Thu, 23 Aug 2018 02:33:34 GMT

Australia bans Huawei from build of mobile network

The Australian government banned major China's telecoms company Huawei Technologies from providing equipment for the planned 5G mobile network due to security fears.

Thu, 23 Aug 2018 02:29:23 GMT

Japanese flash manufacturing PMI grows in August

Japan's manufacturing activity expanded at a faster pace in August amid a jump in domestic demand, a preliminary survey revealed, though export orders contracted in the reported month.

Wed, 22 Aug 2018 20:27:48 GMT

Aramco's domestic, international stock listing halted

Saudi Arabia has halted international and domestic stock listing of the state oil titan Aramco, four official sources reported on Wednesday.

Wed, 22 Aug 2018 20:24:50 GMT

Blackstone considers possible sale or IPO of Exeter worth over $1.0B

Blackstone Group, the private equity firm, is exploring a potential $1.0B-plus sale or initial public offering of the auto lender Exeter Finance, according to sources familiar with matter.

Wed, 22 Aug 2018 19:36:28 GMT

Shell Brazil considers possible buyout of Eletrobras assets

Royal Dutch Shell Brazil stated on Wednesday that it was evaluating a potential purchase of the Centrais Eletricas Brasileiras' assets, which had been put up for a sale to cut the state-owned utility's debts and privatisation plans.

Wed, 22 Aug 2018 19:32:33 GMT

Apple to win unconditional approval for Shazam buy from EU

Apple is set to gain unconditional antitrust approval from the European Union for its planned takeover of Shazam, the UK music discovery app, sources familiar with the deal stated on Wednesday.

Wed, 22 Aug 2018 17:51:55 GMT

Russia will lower growth forecast

On Wednesday, Russian economists announced that the yearly Russian GDP increase forecast of 1.9% is set to be decreased down to 1.8%.

Wed, 22 Aug 2018 17:51:46 GMT

S&P 500 continues to gain

The S&P 500 market index continued to rise on Wednesday, as the Federal Reserve Minutes were released during the trading session.

Wed, 22 Aug 2018 16:52:59 GMT

European stock markets steady

European stock markets finished Wednesday's trading session almost flat after a volatile trading session, which was created by various political events.

Wed, 22 Aug 2018 16:36:42 GMT

Amazon starts business in Brazil

On Wednesday, Amazon announced that the company has started selling fashion and sportswear in Brazil.

Wed, 22 Aug 2018 15:51:51 GMT

Fiat Chrysler continues with Magneti Marelli

On Wednesday, a Fiat Chrysler representative confirmed that the company is continuing with the spin-off of the company's parts producer Magneti Marelli.

Wed, 22 Aug 2018 15:51:38 GMT

Putin speaks out in Finland

The President of Russia on Wednesday in Finland spoke out against the US sanctions on Russia. Although, the President praised his recent meeting with Donald Trump.

Wed, 22 Aug 2018 15:13:40 GMT

Putin blames NATO for Russian military build up

On Wednesday, the President of Russia announced that Russia has to strengthen its military infrastructure due to NATO moving its infrastructure closer to the Russian border.

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