News

Note: This section contains information in English only.
Wed, 03 Apr 2019 17:41:12 GMT

IMF hints at tech giant regulation

On Wednesday, the IMF announced in its World Economic Outlook that a small fraction of companies in wealthy countries should be regulated, as they can hurt investment, monetary policy and labor. It could be made out from the report that the IMF investigated tech giants like Google.

Wed, 03 Apr 2019 17:41:04 GMT

Brexit hurts financial sector

A think tank on Wednesday announced that financial jobs are still moving from the United Kingdom to other European Union financial hubs. Moreover, the think tank announced that this process is unlikely going to stop unless Brexit is cancelled.

Wed, 03 Apr 2019 17:12:37 GMT

Brazilian economy picks up

On Wednesday, PMI data released in Brazil revealed that the Brazilian economy is picking up. It indicates that the Brazilian currency will appreciate in value during the near future.

Wed, 03 Apr 2019 17:12:27 GMT

Ousted Nissan boss speaks out on Twitter

On Wednesday, the ousted chairman of Nissan-Renault appeared on Twitter. The chairman announced his intentions to reveal previously unknown information about the financial scandal that plagues the company.

Wed, 03 Apr 2019 15:42:40 GMT

European Commission warns Romania

Representatives of the European Commission on Wednesday announced that Romania should not consider pardoning corrupt politicians. The event signals that the EC intends to enforce the rule of EU laws.

Wed, 03 Apr 2019 15:42:34 GMT

White House announces trade talk progress

On Wednesday, the Economic Adviser of the White House Larry Kudlow announced that the US-China trade talks have made progress and a new round of negotiations will occur in Washington.

Wed, 03 Apr 2019 14:56:03 GMT

White House comments on Brexit

The Economic Adviser of the White House Larry Kudlow announced on Wednesday that a clear Brexit would help the US negotiate a new trade deal with the United Kingdom.

Wed, 03 Apr 2019 14:55:07 GMT

Theresa May negotiates with opposition

On Wednesday, it was announced by the British Prime Minister Theresa May that she will seek a Brexit compromise by negotiating with the opposition leader Jeremy Corbyn.

Wed, 03 Apr 2019 14:39:06 GMT

BlackRock to have extra time for Carige offer

BlackRock has been given more time to make an offer for the struggling Italian lender Carige, as it remained the only potential buyer of the company.

Wed, 03 Apr 2019 13:55:33 GMT

Tata Steel supports JV with ThyssenKrupp

On Wednesday, India's Tata Steel supported the logic of the joint venture deal with ThyssenKrupp, a few days after the firms had submitted their proposals to the EU Commission to receive approval to the partnership.

Wed, 03 Apr 2019 13:22:26 GMT

iHeratMedia to launch IPO

On Wednesday, the US radio firm iHeartMedia filed for an IPO with the SEC to list its common Class "A" shares, as the company is nearing bankruptcy exit.

Wed, 03 Apr 2019 13:17:47 GMT

Viacom inks content distribution pact with T-Mobile

Viacom has tied up with T-Mobile US over a content distribution deal under which media firm's brands, such as Nickelodeon and MTV, would be available to T-Mobile's 80M customers.

Wed, 03 Apr 2019 12:04:13 GMT

CMC Markets shares drop on profit warning

CMC Markets shares plunged over 10% on Wednesday, following the company's estimates of an income slump in the preceding year to March on the news the online trading platform's CFO was set to leave and new regulations hit client activity.

Wed, 03 Apr 2019 12:04:06 GMT

Carmakers tie up to advance autonomous testing, rules

On Wednesday, thee major carmakers Ford, General Motors and Toyota have joined their forces to help advance the safety standards for autonomous vehicles that could result in creating regulations in the United States.

Wed, 03 Apr 2019 10:56:17 GMT

Ford to release over 30 new models in China

Ford Motors is planning to roll out over 30 new car models in China during the following three years with several of them to be electric, as the US carmaker seeks to boost slumping sales in the Asian market.

Wed, 03 Apr 2019 10:52:22 GMT

Searchlight Capital to take 26% stake in Latecoere

Searchlight Capital Partners, the investment company, agreed to acquire a 26% stake in France's aeronautics firm Latecoere in a deal valued at about $106.8M.

Wed, 03 Apr 2019 10:33:47 GMT

European stocks surge on Wednesday

During the European trading hours on Wednesday stocks reached an eight month high level. The surge could be most likely attributed to the monetary stimulus of the ECB.

Wed, 03 Apr 2019 10:33:15 GMT

Superdry stock falls

The stock price of Superdry plummeted by eleven percent on Wednesday. The decline was caused by recent inside politics at the company, as a founder has achieved his way back into the company.

Wed, 03 Apr 2019 09:36:53 GMT

Hitecvision takes over Solveig Gas 100% shares

Hitecvision, the private equity firm, agreed to take over 100% of shares of Solveig Gas, the No. 2 biggest owner of Norwegian offshore gas pipeline system.

Wed, 03 Apr 2019 09:32:16 GMT

Metro still negotiates hypermarkets sale

German supermarkets chain Metro is still negotiating a potential sale of its Real hypermarkets with several investors, seeking for a deal worth about $1.0B.

Wed, 03 Apr 2019 08:28:34 GMT

Norwegian's head holds positive meetings with Boeing

The Norwegian Air CEO Bjoern Kjos stated on Wednesday he had held optimistic meetings with the US jet maker Boeing over its 737 MAX 8 planes grounding, following the fatal crash that involved Ethiopian Airlines last month.

Wed, 03 Apr 2019 08:23:11 GMT

Emirates NBD to acquire Denizbank for $2.8B

On Wednesday, Dubai's Emirates NBD announced it would acquire Turkey's Denizbank in a revised deal with Russia's Sberbank worth $2.8B.

Wed, 03 Apr 2019 07:36:44 GMT

JDI to supply Apple Watch with OLED screens

Japan Display Inc is set to supply OLED screens for Apple Watch starting this year, paving its way to the OLED display market on the back of cash issues in the company.

Wed, 03 Apr 2019 07:33:38 GMT

Roche Holding prolongs Spark offer until May

Roche Holding has decided to prolong its $4.3B offer for the US gene therapy company Spark Therapeutics until May 2, after the Swiss drugmaker got only 29.4% of specialist's shares in a deal originally due to complete on Wednesday.

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