News

Note: This section contains information in English only.
Wed, 28 Jun 2017 05:05:26 GMT

Chinese economy improves in Q2, but deleveraging creates risks

China's economic growth continued to improve in the Q2 with an increase in corporate profits and hiring, but deleveraging is likely to poses financial risks, a private survey revealed.

Wed, 28 Jun 2017 05:02:45 GMT

JPMorgan to centralize energy management

JPMorgan is shifting management of air-conditioning, lighting and heating in 4,500 of company's branches to General Electric, aiming to reduce energy consumption.

Wed, 28 Jun 2017 04:00:52 GMT

Apollo raises $23.5B for largest buyout fund

Apollo Global Management, the buyout firm co-founded by billionaire Leon Black, set a new fundraising record by collecting $23.5B as investors' appetite surged.

Wed, 28 Jun 2017 04:00:04 GMT

American Airlines test new 3D screener to improve security

American Airlines is testing new screening devices that map contents of luggage and provide more details than present equipment, aiming to detect explosives or detonators.

Wed, 28 Jun 2017 02:54:16 GMT

Belarus aims to increase trade with Vietnam

Alexander Lukashenko, the Belarussian President, revealed that he set goal to increase trade with Vietnam to $500M in the next couple of years.

Wed, 28 Jun 2017 02:54:06 GMT

US to cooperate with China on trade, North Korea

Terry Branstad, the newly appointed US Ambassador to China, revealed that his top priority is cooperation with China on North Korea issue and expanding trade.

Wed, 28 Jun 2017 02:21:29 GMT

Nestle to buy out $20.8B of shares

Nestle targets to buy back $20.8B worth of shares in the next three years, after the Third Point started to push the company for more aggressive boost of performance.

Wed, 28 Jun 2017 02:20:27 GMT

Facebook reaches mark of 2 billion users

Facebook reported that about 2 billion people are using its service on a regular basis, showing the number doubled since October 2012, when it reached 1 billion-user mark.

Tue, 27 Jun 2017 20:07:58 GMT

Nestle rolls out share buyback program

In a move to create shareholder value, Nestle on Tuesday announced that its board of directors had approved a share buyback program of up to $20.8B, to be finalized by the end of June 2020.

Tue, 27 Jun 2017 20:07:41 GMT

US lists China among worst human trafficking offenders

US declared China among the world's worst offenders on human trafficking, putting the world's most populous country in the same category as North Korea, Zimbabwe and Syria.

Tue, 27 Jun 2017 19:05:32 GMT

95 tower blocks fail cladding fire safety checks

Latest figures showed that cladding on 95 buildings from 32 areas had so far been checked in the wake of the Grenfell disaster, and all had failed to meet safety standards.

Tue, 27 Jun 2017 19:05:20 GMT

IMF cuts forecasts for US economic growth

The International Monetary Fund has cut its growth forecasts to 2.1% in 2017 and 2018 for the US economy due to uncertainty about White House policies.

Tue, 27 Jun 2017 17:57:29 GMT

BlackRock to acquire Cachematrix

BlackRock has entered into a definitive agreement to acquire Cachematrix, a leading provider of financial technology, marking its second investment in a technology firm this month.

Tue, 27 Jun 2017 17:57:16 GMT

Iraqi forces battle IS militants in Mosul

Counterattacks by Islamic State militants on the western edge of Mosul have stalled Iraqi forces' push in the Old City, the last IS stronghold in the battle, an Iraqi officer said on Tuesday. 

Tue, 27 Jun 2017 16:50:46 GMT

Massive cyber-attack spreading across Europe

Ransomware known as Petya seemed to have re-emerged to affect computer systems across Europe, causing issues primarily in Ukraine, Russia, England and India.

Tue, 27 Jun 2017 16:50:36 GMT

Syrian President visits Russian airbase after US regime threats

Syria's President Bashar Al-Assad made his first visit to the Russian modified Hmaymim Airbase in the Latakia Governorate's Jableh District this afternoon, a local military source reported.

Tue, 27 Jun 2017 15:59:06 GMT

Russia blasts US "threat" over possible Syria chemical attack

Russia on Tuesday dismissed the US warning about a potential chemical weapons attack by Syria as an "unprecedented provocation," and the Kremlin called the accusations against "unacceptable."

Tue, 27 Jun 2017 15:58:42 GMT

Germany and Iran call for negotiations in crisis with Qatar

The foreign minister of Germany said that the crisis over Gulf Arab state's dispute with Qatar would only get worse, and appealed on all sides to engage in direct dialogue.

Tue, 27 Jun 2017 15:17:23 GMT

Russian oil giant Rosneft hit by powerful cyber-attack

Russian state oil giant Rosneft reported on Tuesday that its servers had suffered a "powerful" cyber-attack, but insisted that production had not been hit. 

Tue, 27 Jun 2017 15:17:12 GMT

Ukraine hit by massive cyber-attack

A massive cyber-attack hit Ukraine on Tuesday, bringing down the government's website and sparking officials to warn that airline flights to and from Kiev could face delays.

Tue, 27 Jun 2017 14:19:41 GMT

Scotland will not vote again

The Scottish government has abandoned the immediate plans to have a second independence referendum. The government wants to see the final Brexit terms before acting further.

Tue, 27 Jun 2017 13:19:48 GMT

Google faces organizational problems

Although Google's self-proclaimed mission is to organize the information of the world, the company has revealed what is its largest challenge. On Tuesday Reuter's analysts have stated that the company faces organizational problems due to the large diversification of the company.

Tue, 27 Jun 2017 13:18:56 GMT

Sprint shares jump

The share price of the US mobile network operator Sprint jumped on Tuesday. The reason for the jump was the published information that the fourth largest network provider was in talks with Charter Communications and Comcast companies about a partnership.

Tue, 27 Jun 2017 11:54:05 GMT

Western Digital resubmits offer for Toshiba unit

Wester Digital Corp and a US private equity company KKR&Co LP resubmitted their offer for Toshiba's memory chip unit at the last minute ahead of Wednesday's shareholders meeting.

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