News

Note: This section contains information in English only.
Wed, 15 Nov 2017 11:32:37 GMT

Fox shareholders stand against Murdoch

The shareholders of the Twenty-First Century Fox company are proposing do dispose of the dual type share system that gives the company's founder Rupert Murdoch extra privileges.

Wed, 15 Nov 2017 11:32:09 GMT

Swiss government discusses Swiss Franc

After a meeting with the Swiss National Bank, members of the Swiss government have stated that the country's currency in their opinion remains highly valued, despite recent efforts.

Wed, 15 Nov 2017 11:23:32 GMT

Amazon scraps videos service

Reuters reports that an anonymous source has confirmed to them that Amazon have stopped their plans to launch an online streaming service that would bundle US broadcast and cable networks.

Wed, 15 Nov 2017 11:23:01 GMT

Armed forces of Zimbabwe seize power

On Wednesday Zimbabwe's military took power. However, the head of the country has been only put under house arrest.

Wed, 15 Nov 2017 09:57:28 GMT

UK jobless rate remains at 4.3% in September

According to the ONS, the unemployment rate in United Kingdom remained unchanged at 4.3% in September, fully meeting analysts' expectations for the rate to stay on hold.

Wed, 15 Nov 2017 09:57:17 GMT

Bayer hires head of Nestle's baby food business

Germany's drugmaker Bayer tapped Nestle's executive of its infant nutrition business, as the company seeks to stem the eroding consumer care sales from next March.

Wed, 15 Nov 2017 09:32:50 GMT

VW says obeys works council remuneration law

Volkswagen stated on Wednesday it had adhered to the remuneration law of the company's work council head Bernd Osterloh, following suspicions of VW's overpayment to him.

Wed, 15 Nov 2017 09:26:49 GMT

Apple agrees to help India with anti-spam app

Apple stated it would develop an anti-spam application for the iOS platform in India, following the tech giant's initial refusal based on the privacy concerns.

Wed, 15 Nov 2017 08:33:29 GMT

Nestle to reorganise infant nutrition business

On Wednesday, Nestle announced that it would restructure its infant nutrition business, as the world's biggest packaged food firm sought to improve its performance.

Wed, 15 Nov 2017 08:30:19 GMT

Flydubai aims to order 175 Boeing's 737 MAX jets

The Qatari budget carrier Flydubai is moving closer to order 175 Boeing 737 MAX aircraft, the sources familiar with the issue reported on Wednesday.

Wed, 15 Nov 2017 07:31:47 GMT

AerCap likely to supply Boeing, Airbus jets to EgyptAir

One of the world's largest leasing companies AerCap is moving closer to deals to supply Boeing and Airbus aircraft to EgyptAir, which are expected to be announced at Dubai's Airshow.

Wed, 15 Nov 2017 07:26:15 GMT

White House to unveil rules cyber flaws disclosure

Trump's Administration is set to release on Wednesday the rules on disclosing cyber security flaws, a national security official stated to Reuters.

Wed, 15 Nov 2017 06:22:28 GMT

China's Maoyan secures $150M from Tencent

On Wednesday, the Chinese ticketing platform Maoyan raised $150M in funding from the Internet giant Tencent, valuing the company at around $3.01B.

Wed, 15 Nov 2017 06:06:25 GMT

Kobe Steel unit Hatano to lose JIS certifications

According to the Nikkei, Kobe Steel's unit Hatano plant will lose all the Japan Industrial Standards certifications amid the company's product data falsification scandal.

Wed, 15 Nov 2017 05:32:29 GMT

China's AI start-up SenseTime seals investment from Qualcomm

The US chipmaker Qualcomm is planning in the Chinese artificial intelligence start-up SenseTime Group amid a funding round set to close at this year's end.

Wed, 15 Nov 2017 05:28:29 GMT

Top China official to visit N. Korea as Xi's envoy

A senior China's diplomat is set to arrive in North Korea on Friday as Chinese leader Xi Jinping's special envoy; however, no details on the trip have been unveiled yet.

Wed, 15 Nov 2017 04:30:11 GMT

Firefox selects Google as default search in US, instead of Yahoo

Alphabet's Google was seen as the default search on Firefox Internet Browser in the US and other regions, as the browser maker Mozilla surprised Verizon's Yahoo by cancelling their agreement.

Wed, 15 Nov 2017 04:28:56 GMT

Airbus nears agreement to sell 400 aircrafts to Indigo Partners

Airbus was close to reach a deal on selling nearly 400 jets worth at least $40B at list prices to Indigo Partners, the US-based investment fund.

Wed, 15 Nov 2017 03:00:54 GMT

Foxconn profit falls below estimates in Q3

The world's biggest contract electronics maker Foxconn marked an unexpected 39% decline in the company's quarterly profit due to production hurdles for Apple's iPhone X.

Wed, 15 Nov 2017 02:59:58 GMT

Japan's GDP rises 1.2% in third quarter

The Cabinet Office reported that Japan's economy expanded at a 1.4% annualised rate in the September quarter, supported by solid export growth and higher capital expenditure.

Tue, 14 Nov 2017 20:54:54 GMT

About 15% of US agencies recognise Kaspersky software in systems

Nearly 15% of the US federal agencies indemnified the use of Kaspersky Lab software in their networks and removed it amid concerns that the program threatened national security.

Tue, 14 Nov 2017 20:54:38 GMT

Snap's largest investors increase stakes in Q3

Coatue Management and Fidelity Investments raised their stakes in the social media firm Snap over the course of the third quarter, despite the company's disappointing results.

Tue, 14 Nov 2017 20:02:45 GMT

Goldman to hit $13B in consumer loans by 2020

Goldman Sachs is likely to hit $13B in its new consumer loans over the course of three years through the company's online lending business Marcus, CFO Marty Chavez stated.

Tue, 14 Nov 2017 20:00:43 GMT

Volkswagen to pay $69M to settle New Jersey emissions claims

Volkswagen said that the company agreed to pay $69M to settle New Jersey diesel emissions suits, which were the latest major legal issues the Germany's carmaker faced in the US.

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