News

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Wed, 20 Nov 2019 09:39:30 GMT

Emirates orders 30 Boeing Dreamliners

The Emirates airline revealed on Wednesday a $8.8B worth order for 30 Boeing's 787-9 Dreamliners after crunch talks at the Dubai Airshow, laying the ground for a cut in orders for the postponed 777X airliner.

Wed, 20 Nov 2019 07:54:36 GMT

US Fed approves BB&T, SunTrust Banks merger

The US Federal Reserve has granted its approval for a merger deal between SunTrust Banks Inc and BB&T Corp, sealing the largest banks tie-up since the global financial crisis in the 2007-2009.

Wed, 20 Nov 2019 07:26:37 GMT

Novartis considers bid for Medicines Co

Novartis is exploring a bid for the US biotechnology company The Medicines Co in a potential deal that could boost the Swiss cardio franchise, according to a Bloomberg report.

Wed, 20 Nov 2019 06:19:48 GMT

Johnson promises quick Brexit

On Tuesday, the British Prime Minister Boris Johnson participated in TV debate with the opposition leader Jeremy Corbyn, in which he said that he was the only person who could guarantee quick Brexit.

Wed, 20 Nov 2019 05:16:54 GMT

Westpac faces AML charges

On Wednsday, Australian regulator accused Westpac Banking Corp of breaching anti-money laundering (AML) rules, saying that the firm allowed paymets from high risk countries.

Wed, 20 Nov 2019 03:56:41 GMT

ConocoPhillips unveils long-term plan

ConocoPhillips shares were up by 1.3% on Tuesday after the company unveiled its long-term plan, which includes a free-cash-flow projection of $50 billion over the next 10 years.

Wed, 20 Nov 2019 03:05:01 GMT

Kuwait's Emir appoints Ahmad al-Sabah as PM

On Tuesday, Kuwait's Emir Sheikh Sabah al Ahmad al Sabah has appointed the former Foreign Minister Sabah Al Khalid Al Sabah, as the new Prime Minister of Kuwait.

Tue, 19 Nov 2019 20:56:02 GMT

Johnson, Corbyn participate in TV debate

On Tuesday, the British Prime Minister Boris Johnson and the opposition leader Jeremy Corbyn participated in the ITV debate and promised to make the tone of political debate more polite.

Tue, 19 Nov 2019 19:20:44 GMT

Coca-Cola to make PET bottles from recycled plastic

Coca-Cola announced on Tuesday that it would start making PET bottles only from recycled plastic in Sweden, aiming to expand the use of recycled materials in western Europe.

Tue, 19 Nov 2019 17:48:17 GMT

EU car sales rise 8.6% in October

Passenger vehicle registrations in Europe increased 8.6% in October to the highest level in 10 years, supported by strong demand in France and Germany and a 29% gain in demand for Volkswagen.

Tue, 19 Nov 2019 16:47:48 GMT

Salesforce to use AI technology in call centre services

Salesforce.com, the business software provider, announced it would use AI technology from Amazon.com's cloud computing unit to enhance customer service apps.

Tue, 19 Nov 2019 15:44:48 GMT

German manufacturing production to fall 4%

Germany's manufacturing output is expected to decline 4% in 2019, with exports rising just 0.5% due to weaker foreign demand, the BDI industry association stated on Tuesday.

Tue, 19 Nov 2019 15:01:22 GMT

Didi Chuxing to trial ride-hailing service with Mercedes, Tesla cars

China's Didi Chuxing is set to trial its Japan premium ride-hailing service DiDi Premium, offering such vehicles as Mercedes Benz, Lexus and Tesla, the company announced on Tuesday.

Tue, 19 Nov 2019 13:51:07 GMT

France to delay its 5G spectrum auction

France is seen to postpone its planned 5G spectrum auction until March 2020 due to disagreements between the telecoms authority Arcep and French finance ministry about the spectrum's exact size to be auctioned.

Tue, 19 Nov 2019 13:00:14 GMT

Nintendo opens first official store in Japan

On Tuesday, Nintendo Co Ltd has launched its first-ever official store in the Japanese capital of Tokyo, in the city's trendy shopping district Shibuya, paving its way to the greater commercialisation of its popular characters cast.

Tue, 19 Nov 2019 12:37:57 GMT

Kohl's trims annual profit estimates on sluggish results

On Tuesday, Kohl's Corp reported it had trimmed its annual profit estimates right ahead of the holiday season, as the department store operator missed analysts' forecasts for the quarterly comparable earnings and sales, sending shares down 12%.

Tue, 19 Nov 2019 10:46:22 GMT

Crude oil declines on Tuesday

During the Asian and European trading sessions, crude oil price indices declined to $62 per barrel. The move was attributed to a forecast rise in US crude oil inventories.

Tue, 19 Nov 2019 10:12:06 GMT

SoftBank to build $30B tech giant through Yahoo Japan, Line deal

SoftBank Corp is planning to create a $30B tech giant via merging the internet division Yahoo Japan with Line Corp, the messaging app operator, amid its competition with the US tech powerhouses and its local rival Rakuten.

Tue, 19 Nov 2019 08:52:14 GMT

Russia's Sberbank, Mail.Ru to team up over taxi and food JV

Mail.Ru, the Russian internet company, and the state lender Sberbank have agreed to build taxi and food joint venture potentially worth $1.0B, Mail.Ru reported on Tuesday.

Tue, 19 Nov 2019 07:44:06 GMT

Italy antitrust launches inquiry into Auchan Italian assets sale

The Italian competition watchdog has launched an inquiry into the Auchan Retail's assets sale to its local co-operative retailer Conad, according to Reuters.

Tue, 19 Nov 2019 05:40:08 GMT

Reserve Bank of New Zealand increases monitoring

On Monday, representatives of the Reserve Bank of New Zealand announced that they would increase monitoring of Bank of New Zealand and its capital calculation process.

Tue, 19 Nov 2019 05:35:53 GMT

Kuroda denies previous statements

On Monday, as the Governor of Bank of Japan addressed the Parliament of Japan, the Governor denied ever stating that negative interest rates could deepened unlimitedly.

Tue, 19 Nov 2019 03:40:08 GMT

State Attorney General of New York investigates WeWork

On Monday, Reuters revealed that the State Attorney General of New York office is investigating WeWork.

Tue, 19 Nov 2019 03:33:45 GMT

US Congress questions Google and Ascension

The Energy and Commerce Committee of the US House of Representatives on Monday sent letters to Google and Ascension demanding briefings on patient data storage.

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