News

Note: This section contains information in English only.
Fri, 25 May 2018 09:31:15 GMT

Brazil's electronics firm Multilaser plans listing

On Thursday, the Brazilian electronics firm Multilaser Industrial has filed for an initial public offering, seeking to sell an undisclosed amount of its stake.

Fri, 25 May 2018 08:36:20 GMT

WeChat removes SeekingArrangement dating website

Tencent's China social media service WeChat has dropped its dating website called SeekingArrangement from the platform, as the popularity of the app attracted scrutiny from the local media.

Fri, 25 May 2018 08:31:37 GMT

US jury rules Samsung to pay Apple $539M in patent retrial

On Thursday, the US jury has ruled Samsung Electronics to pay $539M to Apple for copying its patented smartphone features, ending a years-long feud between the companies.

Fri, 25 May 2018 07:28:58 GMT

Ireland to vote on abortion legalisation on Friday

Ireland is set to go to the polls on Friday to vote on the legalisation of abortion with no clear outcome in sight.

Fri, 25 May 2018 06:20:39 GMT

Oil prices weaken on Friday

Oil prices fell early on Friday following a comment that Russia might gradually increase its oil supply to the market.

Fri, 25 May 2018 06:17:03 GMT

EU's new data protection regulation goes into effect on Friday

The European Union's General Data Protection Regulation that deals with personal data protection and enhanced consumer rights goes into effect today.

Fri, 25 May 2018 05:10:44 GMT

Malaysia to pay 1MDB debt

The Finance Minister of Malaysia Lim Guan Eng promised on Friday that the government will honour its obligations with respect to $9.54B debt raised by bankrupt 1Malaysia Development Berhad (1MDB).

Fri, 25 May 2018 05:05:43 GMT

Indonesia adopts stricter anti-terror laws

The Indonesian Parliament adopted on Friday a set of new counter-terrorism laws that inter alia enable police to preventively detain suspect and prosecute people who recruit or join terrorist and militant groups.

Fri, 25 May 2018 04:21:19 GMT

Wilbur Ross to visit China in June

The US Secretary of Commerce Wilbur Ross will make an official visit to China in early June to discuss the ongoing trade dispute between the world's two largest economies.

Fri, 25 May 2018 04:17:39 GMT

Mexico stays optimistic over NAFTA talks

The President of Mexico Enrique Pena Nieto said on Thursday he believes that a new Free Trade Agreement can be reached despite American position on automobile tariffs.

Fri, 25 May 2018 03:03:12 GMT

Apple blocks plan of Stream to expand video games to iPhones

Apple blocked the biggest PC-based video games distributor's plans to expand its reach into iPhones, the game distributor stated.

Fri, 25 May 2018 03:02:20 GMT

Google attempts to ease tensions ahead of new privacy law in EU

Alphabet's Google was seen attempting to ease concerns about the new European privacy law's effects on the company's advertising business.

Fri, 25 May 2018 02:39:26 GMT

Mexico to protect Japan's firms due to NAFTA rework

The Foreign Minister of Japan stated that his Mexico's counterpart pledged to protect the Japanese firms' interests in negotiations to review the North American Free Trade Agreement.

Fri, 25 May 2018 02:36:44 GMT

Britain's Prince William to visit Ramallah, Jerusalem in June

Prince William, Queen Elizabeth's grandson, is expected to visit Ramallah and Jerusalem, when becoming the first British royal family member to visit the Palestinian territories and Israel next month.

Thu, 24 May 2018 20:21:45 GMT

Putin: Iran nuclear deal needs to be preserved

On Thursday, the President of Russia Vladimir Putin claimed that the Iran nuclear deal needs to be preserved and Russia welcomes efforts of European powers to save the agreement despite the withdrawal of the US.

Thu, 24 May 2018 20:11:44 GMT

France and Russia to create coordination mechanism in Syria

On Thursday, the President of France Emmanuel Macron claimed that Russia and France are planning to establish a coordination mechanism which would help to resolve political crisis in Syria.

Thu, 24 May 2018 19:29:44 GMT

Brazil farm minister: China-US trade dispute could hit Brazil

On Thursday, the Minister of Agriculture of Brazil Blairo Maggi claimed that the trade war between China and the US has benefited Brazil so far but it could be harmful for the local farm market in the long term.

Thu, 24 May 2018 19:23:05 GMT

Deutsche Bank to cut 7000 jobs

Deutsche Bank is planning to fire 7000 workers, lowering its global headcount from 97000 to 9000 employees with 25% cut in trading and equity sales jobs mainly in New York and London.

Thu, 24 May 2018 18:28:38 GMT

South Korean president: Trump's decision to cancel summit is regrettable

On Thursday, Yonhap news agency reported that the President of South Korea Moon Jae-in expressed regret over the decision of the US President Donald Trump to cancel the meeting with North Korean leader Kim Jong Un.

Thu, 24 May 2018 18:24:58 GMT

Pompeo hopes North Korea and US to resume talks

The US Secretary of State Mike Pompeo claimed he hopes that Washington and Pyongyang could resume talks about the nuclear program despite the cancellation of the summit between the US and North Korea.

Thu, 24 May 2018 17:20:04 GMT

Daimler to recall diesel van due to emission regulations

On Thursday, German road vehicle authority ordered Daimler AG to recall its Mercedes van model Vito 1.6l Diesel because its emission control system violates regulations.

Thu, 24 May 2018 17:12:08 GMT

Trump cancels North Korean summit

On Thursday, the US President Donald Trump stated that a historical summit between the US and North Korean leader Kim Jong Un scheduled for June is cancelled because of the hostility of North Korea. 

Thu, 24 May 2018 15:53:07 GMT

LVMH invests into online fashion search unit Lyst

LVMH, the owner of Louis Vuitton, has made an investment between $67M and $134M into the online fashion search app Lyst, as it seeks to expand online and attract younger buyers.

Thu, 24 May 2018 15:52:48 GMT

France's Autodis ceases planned IPO

On Wednesday, France's Autodis, the vehicle parts distributor, announced it had suspended the initial public offering amid "cautious" market environment.

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