News

Note: This section contains information in English only.
Mon, 20 Aug 2018 06:59:01 GMT

Firms raises takeover interest in Hess Corp's Asia assets

The US energy group Hess Corp's Southeast Asian natural gas assets attracted a takeover interest from the companies including Austria's energy group OMV and Thailand's PTTEP.

Mon, 20 Aug 2018 06:58:47 GMT

Uber considers expansion into East African counties

The ride-hailing firm Uber is planning the expansion in two more East African countries ahead of the 2018-end, focusing on the low cost services such as Kenya's Chap Chap.

Mon, 20 Aug 2018 06:33:47 GMT

Washington calls on Facebook to agree on wiretapping Messenger

The US government is calling on Facebook to break its Messenger app's encryption, as it seeks listening to suspect's voice audio recordings in a criminal inquiry.

Mon, 20 Aug 2018 05:03:42 GMT

Brazil's Stone Pagamentos hires banks to launch IPO

Stone Pagamentos, Brazil's credit card processor hired Goldman Sachs, Citigroup and JPMorgan Chase & Co as the lead managers for its planned initial public offering in New York.

Mon, 20 Aug 2018 04:59:02 GMT

Grupo Industrial Saltillo seeks expansion in Europe

Mexico's Grupo Industrial Saltillo SAB is thinking over more acquisitions to expand the company's auto part unit in Europe.

Mon, 20 Aug 2018 04:37:33 GMT

Saudi PIF considers investing into Tesla's rival Lucid

Saudi Arabia's sovereign wealth fund PIF is in negotiations to make an investment into the aspiring Tesla's rival Lucid Motors, sources reported on Sunday.

Mon, 20 Aug 2018 04:33:43 GMT

TPG Capital seeks buying stake in Jet Privilege

The private equity group TPG Capital is joining the race to acquire a stake in the frequent-flyer loyalty programme of Jet Airways debt-laden carrier, according to the Mint report published on Monday.

Mon, 20 Aug 2018 03:34:34 GMT

DP World to keep posting solid profit this year

DP World is anticipated to keep generating a strong profit in the year of 2018, along with a solid growth in the company's revenues, Bloomberg Intelligence's report showed.

Mon, 20 Aug 2018 03:31:02 GMT

Fosun International invests $5M in The Floor

Fosun announced the company's strategic investment $5M in Israeli fintech firm The Floor, which was headquartered at the TASE and operates a unit in China's Hong Kong.

Mon, 20 Aug 2018 02:28:29 GMT

US drops demand for agriculture from NAFTA talks

The US dropped a contentious demand from the North American Free Trade Agreement's renegotiation to implement restrictions on Mexico's agricultural exports, the Mexican top farm lobby stated.

Mon, 20 Aug 2018 02:24:16 GMT

Volkswagen Mexico accepts 5.5% salary rise for workers

Germany's carmaker Volkswagen agreed to a 5.5% salary increase for its workers in Mexico and another hike for next year, the company's Mexican union stated.

Sun, 19 Aug 2018 20:02:49 GMT

Iran to sell oil despite US sanctions

The Vice President of Iran Eshaq Jahangiri stated on Saturday the government will find ways to sell oil in case European partners will fail to comply with its obligations due to American sanctions.

Sun, 19 Aug 2018 20:02:41 GMT

Hungreds of French bridges risk to collapse

An audit ordered by the French government revealed on Saturday that nearly 840 or 7% of all bridges across the country have a high risk of collapsing.

Sun, 19 Aug 2018 19:22:17 GMT

Venezuelans try to cross Brazilian border

More than thousand Venezuelans were forced to cross back the only border between their country and Brazil after local residents went to the streets to protest against massive immigration.

Sun, 19 Aug 2018 19:18:30 GMT

Netanyahu and Bolton discuss Iran

The Prime Minister of Israel Benjamin Netanyahu and Donald Trump's National Security Advisor John Bolton had a meeting on Saturday where they discussed Iranian nuclear program.

Sun, 19 Aug 2018 18:11:20 GMT

Italy to boost infrastructure spending

The Undersecretary to the Italian Prime Minister's office Giancarlo Giorgetti stated on Saturday that the government will develop a plan aimed to renovate roads, schools and bridges across country and make them safer.

Sun, 19 Aug 2018 18:05:45 GMT

Bolton lists threats to US elections

The US Donald Trump's National Security Advisor John Bolton stated on Saturday that China, Russia, Iran and North Korea are among countries that are capable and could attempt to interfere into 2018 midterm elections.

Sun, 19 Aug 2018 17:09:05 GMT

Russia detains senior space official

The Russia's Investigative Committee on Saturday announced the arrest of Deputy Director General of the state-owned RKK Energiya enterprise Alexei Beloborodov together with his two associates for attempted fraud.

Sun, 19 Aug 2018 17:05:07 GMT

Bolton presumes privatization of war in Afghanistan

The White House National Security Adviser John Bolton said on Saturday that he is open for discussion about use of private contractors as assistants to American troops in Afghanistan.

Sun, 19 Aug 2018 16:05:37 GMT

Ecuador adopts stricter immigration rules

Ecuadorian authorities on Saturday adopted new immigration rules aimed to stop Venezuelan work-seekers from entering the country without a passport.

Sun, 19 Aug 2018 16:02:37 GMT

Brits donate for another referendum

The co-founder of Superdry Julian Dunkerton on Saturday donated £1M to support campaign organized by the People's Vote party wishing to have a referendum on the final Brexit deal.

Sun, 19 Aug 2018 15:15:32 GMT

Indian PM raises compensation for flood victims

The Prime Minister of India Narendra Modi stated on Saturday that the government would pay additional ₹50K to victims of heavy floods in the state of Kerala.

Sun, 19 Aug 2018 15:10:16 GMT

Afghanistan and Taliban declare temporary ceasefire

The President of Afghanistan Ashraf Ghani said on Saturday that the government managed to negotiate with Taliban temporary ceasefire, which will last during four-day Eid-al Azha festival.

Sun, 19 Aug 2018 14:17:21 GMT

Iraqi court puts an end to May elections

The Supreme Court of Iraq has officially ratified the choice of citizens in the latest parliamentary elections, thus forcing lawmakers to elect their Speaker, President and Prime Minister.

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