News

Note: This section contains information in English only.
Tue, 07 May 2019 15:34:09 GMT

Mylan revenue below forecasts, share 8% down

Mylan NV missed its revenue estimates for the Q1, affected by lower demand and manufacturing problems at the Morgantown plant, sending the company's shares down nearly 8%.

Tue, 07 May 2019 15:33:25 GMT

US job openings rise in March

The US job openings rebounded markedly in March, while the rate of hiring changed marginally, indicating an increasing worker shortage, which could slow employment growth in 2019.

Tue, 07 May 2019 14:22:12 GMT

GM's Cruise receives $1.15B new cash

On Tuesday, General Motors' majority-held self-driving division Cruise stated it had received a $1.15B in new equity from SoftBank Vision Fund, Honda Motor and T. Rowe Price, valuing the division at $19.0B.

Tue, 07 May 2019 14:11:20 GMT

Italy's Edizione lifts its Generali stake to 4%

The Italian Benetton family's holding company Edizione has raised its Assicurazioni Generali's stake to 4%, planning to increase it to 5% over time, the insurance group's Chairman Gabriele Galateri stated on Tuesday.

Tue, 07 May 2019 13:29:05 GMT

BorgWarner to buy 20% in Romeo Power

On Tuesday, BorgWarner stated it would acquire a 20% stake in Romeo Power Technology, the battery packs supplier, for an undisclosed price, as the US car parts maker seeks its EV products portfolio expansion.

Tue, 07 May 2019 12:59:16 GMT

Whataburger considers sale of stake

Whataburger, the privately-owned US fast-food chain, is considering various options, including a minority stake sale to a private equity firm or a financial investor, sources familiar with the situation reported.

Tue, 07 May 2019 11:12:56 GMT

Vodafone increases efforts against German government

Vodafone has increased its efforts to gain German regulatory approval for their Liberty Global deal. Vodafone is offering its competitors access to its broadband network. That way the monopoly risk should be reduced.

Tue, 07 May 2019 11:12:18 GMT

Chinese Vice Premier heads out to US

On Tuesday, the Chinese Vice Premier's office announced that Liu He is heading out to visit the US for trade talks. The announcement played down the recent market panic created by Donald Trump's tariff threats.

Tue, 07 May 2019 10:14:59 GMT

LTAP drops $1.7B bid for GrainCorp

Long-Term Asset Partners has quitted the $1.7B takeover offer for the Australian grain handler GrainCorp, following due diligence, sending shares down 11% on Tuesday.

Tue, 07 May 2019 10:14:45 GMT

Morocco to keep supplying Bombardier after sale

The Canadian planemaker Bombardier is set to sell its Moroccan component factory to a manufacturer, which plans to continue supplying Bombardier after the sale, the country's Industry Minister announced.

Tue, 07 May 2019 09:11:51 GMT

UniCredit seeks cutting stake in FinecoBank

UniCredit, the Italian largest bank, is planning to cut its stake in the online broker FinecoBank, taking steps to ensure that the unit could operate outside the company.

Tue, 07 May 2019 08:51:43 GMT

Germany's Lufthansa plans bid for Condor

Germany's largest carrier Deutsche Lufthansa is planning a non-binding bid for Condor, owned by Thomas Cook, seeking to acquire the British group's remaining airlines.

Tue, 07 May 2019 08:38:07 GMT

Iliad plans €2.0B mobile towers sale

Telecoms group Iliad is planning to sell its French and Italian mobile towers assets to Cellnex in a deal valued at €2.0B, seeking to boost the company's balance sheet and financial position.

Tue, 07 May 2019 07:33:42 GMT

JERA, Toyota Tsusho plans Goreway power station sale

On Tuesday, Toyota Tsusho and JERA stated they were planning a share sale in Canada's Goreway power station to to Capital Power in a deal worth $289M.

Tue, 07 May 2019 07:30:49 GMT

Brewer AB InBev looks for Asia unit's minority listing

The largest brewer in the world Anheuser-Busch InBev confirmed on Tuesday it was eyeing a minority stake listing of its Asian business, as the company seeks to establish a regional consumer goods leader.

Tue, 07 May 2019 06:39:12 GMT

Anadarko supports Occidental's revised offer

Anadarko Petroleum supported the $38B offer from Occidental Petroleum, pressuring the rival Chevron to lift its bid or walk away.

Tue, 07 May 2019 06:37:10 GMT

Vodafone, Telefónica Deutschland agree on deal

On Tuesday, Vodafone stated it agreed with Telefónica Deutschland to supply its high-speed broadband to help secure the EU approval for the planned merger deal with the Liberty Global cable networks in the Central Europe and Germany.

Tue, 07 May 2019 05:05:36 GMT

Asian shares recover

During the Asian trading session on Tuesday, Asian stock benchmarks recovered from a five week low level. The event is highly likely a consolidation that appears in the aftermath of sharp moves.

Tue, 07 May 2019 05:05:08 GMT

Hong Kong exchange plans to expand in China

On Tuesday the CEO of the Hong Kong's stock exchange Charles Li announced that the bourse is negotiating with Chinese authorities about expanding its storage operations in China.

Tue, 07 May 2019 04:34:48 GMT

Crude Oil remains steady

During the early hours of Tuesday's London session crude oil prices remained stable. Meanwhile, oil traders were waiting for developments in US sanctions on Iran and Venezuela.

Tue, 07 May 2019 04:34:15 GMT

Soft Bank plans IPO

On Tuesday, the Japanese bank SoftBank Group announce that it intends to monetize the $100 billion worth Vision Fund by doing an initial public offering of the fund's shares.

Tue, 07 May 2019 03:40:20 GMT

Tyson Foods to profit from hog fever in Asia

Tyson Foods stated that the meat processing industry of the US could reap significant financial gains from a shortfall in pork amid a hog disease spreading rapidly across Asia.

Tue, 07 May 2019 03:37:18 GMT

Papa John's founder considers stake sale

The founder of Papa John International John Schnatter was in talks with its financial advisers about the selling of stake in the firm, a regulatory filing revealed.

Tue, 07 May 2019 02:36:33 GMT

Kinder Morgan's gas pipeline project hit with tariff

The US pipeline operator Kinder Morgan is expected to pay a tariff over imported steel, which was used in a $1.75B natural gas pipeline project, the US Commerce Department ruled.

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