News

Note: This section contains information in English only.
Fri, 18 Jan 2019 11:54:20 GMT

Nasdaq considers possible bid for Oslo SE

The exchange operator Nasdaq has entered talks with the Oslo stock exchange operator's board over a potential takeover deal, according to the Financial Times.

Fri, 18 Jan 2019 11:03:14 GMT

EU will set tariffs on Chinese e-bikes

European Union officials have revealed that from Saturday import tariffs will be enforced on Chinese e-bicycles. The tariffs are set because the Chinese government has been subsidizing the bikes and flooding the EU market.

Fri, 18 Jan 2019 11:02:30 GMT

Stocks are set for a winning streak

On Friday, global stock indices were set for the best week of gains during the last half a year. The surge was attributed to a report, which revealed that China and the US have made progress in trade talks.

Fri, 18 Jan 2019 10:36:11 GMT

Orange explores possible bid for Euskaltel

France's telecoms group Orange is exploring a bid for its Spanish rival Euskaltel, a potential deal that could consolidate firm's market position as the second-largest in Spain.

Fri, 18 Jan 2019 10:32:36 GMT

Sinopec's marketing unit IPO likely to have selling difficulties

Asia's top refiner Sinopec might experience difficulties in selling a multi-billion-dollar IPO of its fuel marketing unit as investors are pushing back against arm's higher valuation due to tepid equity markets.

Fri, 18 Jan 2019 09:35:42 GMT

Netflix estimates disappoint analysts, shares drop

Netflix reported its Q1 revenue forecast slightly below Wall Street's expectations, despite hitting a record-high number in new customers, sending its shares down 4% in after-hours trading.

Fri, 18 Jan 2019 09:22:18 GMT

Renault sees sales growth in 2019 amid 3.2% gain last year

The French carmaker Renault is targeting a slight growth in sales this year, after posting a 3.2% rise in its 2018 vehicle sales, driven by a new China joint venture, and revived demand in Latin America and Russia.

Fri, 18 Jan 2019 08:26:52 GMT

China's film ticketing platform launches $345M HK IPO

Maoyan Entertainment, the Tencent-backed China film ticketing platform has launched an initial public offering in Hong Kong on Friday, seeking to attract up to $345M.

Fri, 18 Jan 2019 08:19:52 GMT

Schlumberger signs $200M contract with Equinor

Schlumberger has won more than $200M worth contract to manage the oil major Equinor's offshore rig project, as part of the drilling programme in the Campos basin.

Fri, 18 Jan 2019 07:20:51 GMT

PG&E's bankruptcy seen no to affect California's credit rating

On Thursday, Fitch Ratings stated the planned bankruptcy of the US power company PG&E would not affect California's credit quality.

Fri, 18 Jan 2019 07:17:59 GMT

Lampert wins bankruptcy auction to buy Sears for $5.2B

Eddie Lampert, the Sears Holdings chairman, won the bankruptcy auction to acquire the US retailer after offering an improved bid worth $5.2B; however, the company's creditors oppose the deal.

Thu, 17 Jan 2019 21:23:03 GMT

Nissan to lay off workers in Mississippi

Nissan Motor's US arm stated that it plans to lay off nearly 700 contract employees at the company's Mississippi assembly plant, citing slowing sales of Titan pickup trucks and vans.

Thu, 17 Jan 2019 21:20:41 GMT

Netflix adds 8.84M paid subscribers in Q4

Netflix stated that it added 8.84M paid global subscribers in the Q4, while analysts anticipated 9.18M increase in net global streaming additions.

Thu, 17 Jan 2019 20:23:30 GMT

Japanese firms to offer $92M to deal with plastic waste

To help to eliminate the plastic waste, three main Japanese chemical firms that they are set to offer about $92M to a new international fund.

Thu, 17 Jan 2019 20:19:11 GMT

German arms exports fall 22.7% in 2018

The arms exports' total value approved by Germany's government dropped 22.7% in 2018, the Ministry of Economic Affairs stated.

Thu, 17 Jan 2019 19:25:33 GMT

EZ annual inflation at 1.6% in December

Euro zone's consumer prices remained flat last month, while the yearly rate of inflation dropped from 1.9% to 1.6% in the month of November, according to the revised estimate.

Thu, 17 Jan 2019 18:31:28 GMT

US economic expectations fall to lowest in two years

The US consumers this month were the most pessimistic over the economy since November 2016, the third drop in succession after expectations to the 16-year high three months earlier, due to the partial government shutdown.

Thu, 17 Jan 2019 18:28:07 GMT

UK demand for mortgages, credit cards to plummet before Brexit

Lenders in the UK anticipated demand for credit cards lending and mortgages to fall markedly in several years, adding to signs of a weaker economic growth before Brexit.

Thu, 17 Jan 2019 16:59:02 GMT

ADM to take complete control of Britain's Gleadell

Archers Daniels Midland, the US agribusiness group, is set to buy the rest of 50% stake in the UK grain merchant Gleadell from his current partner InVivo, taking the full control of the company.

Thu, 17 Jan 2019 16:58:54 GMT

General Atlantic buys minority stake in German powercloud GmbH

General Atlantic, the US investment company, is acquiring a minority stake of the German powercloud GmbH and is ready to back the energy software firm in its efforts to expand into other markets.

Thu, 17 Jan 2019 16:01:58 GMT

Saudi's NCB to hire JPMorgan as adviser for bank merger talks

The largest lender of Saudi Arabia, National Commercial Bank, is eager to hire JPMorgan as an adviser to the merger talks with its smaller competitor Riyad Bank, sources reported.

Thu, 17 Jan 2019 15:55:37 GMT

Israel's Playtika acquires Austria's card games maker

On Thursday, the Israeli mobile games firm Playtika stated it had taken over Austria's card games company Supertreat GmbH, only a month after it had acquired Wooga GmbH, the German puzzle developer, as Playtika sought more expansion into casual games.

Thu, 17 Jan 2019 15:36:47 GMT

Sri Lanka to get $1.0B Bank of China loan in Q1

Bank of China is set to pay a $1.0B loan before the Q1-end, the central bank's chief announced on Thursday, as it seeks helping the country meet the repayments during next months.

Thu, 17 Jan 2019 15:33:18 GMT

Saudi Aramco picks Riyad Bank, SMBC for Amiral financing

Saudi Aramco hired Riyad Bank and Japan's SMBC as advisers to its Amiral petrochemical project financing that the company is planning to develop with the French oil and gas firm Total.

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