News

Note: This section contains information in English only.
Fri, 15 Feb 2019 05:29:52 GMT

US FAA gives green light to Vietnamese airlines

The US Federal Aviation Administration (FAA) stated on Thursday that Vietnam has fully met international aviation safety standards and added that from now on its air companies are allowed to fly to the US.

Fri, 15 Feb 2019 05:25:41 GMT

China to apply certain exemptions to chicken imports

The China's government will exempt 14 Brazilian companies, such as JBS and BRF, from tariffs on imports of chicken.

Fri, 15 Feb 2019 04:30:10 GMT

Mexico's factory exports to slow in 2019

The Mexican manufacturing industry is expected to export less this year due to uncertainty over delayed ratification of the US-Mexico-Canada trade agreement, global trade tensions and the effects of domestic labour strikes.

Fri, 15 Feb 2019 04:25:08 GMT

China's producer price growth slows for seventh month

China's factory-gate inflation weakened for a seventh month in succession in January to the weakest pace since late 2016, raising concerns that the economy may see the deflation return amid cooling domestic demand.

Thu, 14 Feb 2019 21:15:40 GMT

Trump intends to sing border wall bill

The White House Spokeswoman Sarah Sanders stated on Thursday that the country's President Donald Trump was ready to sing a border bill in order to avoid new government shutdown.

Thu, 14 Feb 2019 21:10:44 GMT

Fannie and Freddie to pay $4.7B in dividends

Freddie Mac and Fannie Mae stated on Thursday that they would pay $4.7B in dividends to the US government by March.

Thu, 14 Feb 2019 20:12:57 GMT

Trump's negotiators to meet Xi tommorow

The White House Economic Adviser Larry Kudlow stated on Thursday that the government's two senior negotiators would met China's leader Xi Jinping tomorrow in another attempt to settle the dispute between two countries.

Thu, 14 Feb 2019 20:09:09 GMT

EU to allow Ireland to solve border issue

According to sources familiar with the matter, the European Union would give Ireland time and a certain freedom of action for conclusion of border agreement with Northern Ireland in case the UK leaves the block without a deal.

Thu, 14 Feb 2019 19:00:48 GMT

Vale admits failure of its safety measures

The CEO of Brazilian top miner Vale Fabio Schvartsman stated on Wednesday that safety measures adopted by the company were not enough to prevent collapse of the dam.

Thu, 14 Feb 2019 19:00:43 GMT

William Barr becomes US Attorney General

The US Senate on Thursday confirmed William Barr's candidacy to the post of Attorney General.

Thu, 14 Feb 2019 18:14:14 GMT

Alibaba buys 8% stake in China's Bilibili

Alibaba Group Holding, the Chinese e-commerce giant, announced it had taken an 8% stake in the local video platform Bilibili, according to a report published by the Xinhua news agency on Thursday.

Thu, 14 Feb 2019 18:09:57 GMT

Billionaire Bollore plans leaving Vivendi's board

One of the Vivendi controlling shareholders and board members, the billionaire Vincent Bollore, is set to leave the company's board on April 15 on the back of his withdrawal from businesses.

Thu, 14 Feb 2019 17:23:49 GMT

Nestle Skin Health faces strong interest in its sale

Nestle's CEO Mark Schneider stated on Thursday that the sale process regarding the Nestle Skin Health division faced a strong interest from suitors, who were lining up to acquire the unit.

Thu, 14 Feb 2019 17:10:40 GMT

Elliott offers "superior" alternative for EDP

On Thursday, the activist investor Elliott has proposed a "superior" plan to the Portuguese utility EDP's shareholders than a bid made by China Three Gorges, including boosting €6.7B from asset sales.

Thu, 14 Feb 2019 16:32:58 GMT

Widex, Sivantos get EU approval for merger

Germany's Sivantos and the Danish hearing aid developer Widex are expecting to complete its $8.3B worth merger deal next month, following an approval from the EU regulators.

Thu, 14 Feb 2019 16:29:05 GMT

Ant Financial agrees to acquire WorldFirst

On Thursday, China's consumer finance giant Ant Financial stated it had agreed to acquire the British currency exchange WorldFirst, in a deal that could be potentially valued at $700M, but the companies did not disclose the deal's financial terms.

Thu, 14 Feb 2019 14:26:57 GMT

Mitsubishi, Nissan and Renault reconfirm significance of alliance

On Thursday, the Chief Executive Officers of Mitsubishi, Renault and Nissan for the first time met together and reconfirmed the importance of their triumvirate.

Thu, 14 Feb 2019 14:22:12 GMT

Investors pressure Deutsche Bank's leadership

According to sources familiar with the matter, Deutsche Bank's largest investors intensified pressure on the company's CEO Christian Sewing to make necessary changes in the investment part of business.

Thu, 14 Feb 2019 13:31:37 GMT

Renault sets 6% profit goal for 2019

The Renault CEO Thierry Bollore stated on Thursday that the company would aim to achieve only a 6% profit growth rate this amid market uncertainties and complexities with currencies.

Thu, 14 Feb 2019 13:27:08 GMT

More sanctions means more risk for Russia

The Sberbank CEO German Graf stated on Thursday that possible introduction of new American sanctions would mean the additional risk of Russia's economy and noted that the country's banks must be prepared for adverse situations.

Thu, 14 Feb 2019 12:01:32 GMT

European shares reach three-month high on US-China trade talks

European stocks reached a three-month high on Thursday. The surge was attributed to the ongoing US-China trade talks.

Thu, 14 Feb 2019 12:01:21 GMT

Mnuchin optimistic on US-China trade talks, as deadline looms

Steven Mnuchin, the US Treasury Secretary, said he is looking forward to the trade negotiations in China on Thursday, as talks moved to a higher level.

Thu, 14 Feb 2019 10:57:44 GMT

Apple to resume selling older iPhone models in German stores

On Thursday, Apple Inc said that it would resume the shipment of iPhones with only Qualcomm chips to its stores in Germany.

Thu, 14 Feb 2019 10:57:35 GMT

Airbus to stop making A380 superjumbo jet

Airbus Inc said on Thursday that it would stop production of the iconic superjumbo A380 jet due to lacklustre sales.

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