News

Note: This section contains information in English only.
Sun, 20 Jan 2019 05:32:21 GMT

China' growth sets a record low

On Sunday, the market consensus was that China will report its lowest economic growth in 28 years on Monday, as weak local demand and US tariffs have damaged the economy.

Sun, 20 Jan 2019 05:31:55 GMT

EU has to approve Siemens/Alstom deal

The French Finance Minister has announced that the European Union has to approve the tie-up deal between the French group Alstom and Germany's Siemens.

Sun, 20 Jan 2019 03:40:35 GMT

Trump proposes solution to government shutdown

On Saturday, the US President Donald Trump officially proposed a solution to the US government shutdown. In general, the President is willing to give up his stance on DACA for the construction of a border wall.

Sun, 20 Jan 2019 03:40:10 GMT

EU might tax digital companies starting from March

On Saturday, the Finance Minister of Frace Bruno Le Maire revealed in an interview that a European Union tax on top global digital companies might be enacted by the end of March.

Sun, 20 Jan 2019 03:28:45 GMT

Michelin CEO might lead Renault

The Finance Minister of France Bruno Le Maire announced in an interview on Sunday that the Michelin CEO Jean-Dominique Senard is a good choice to lead Renault.

Sun, 20 Jan 2019 03:28:18 GMT

Theresa May puts hopes on Irish treaty

On Sunday, it was announced by a newspaper that the Prime Minister of the United Kingdom is looking for a bilateral agreement with Ireland, which would remove the backstops in the Brexit process.

Sat, 19 Jan 2019 20:46:32 GMT

Merkel comments on Brexit

The Chancellor of Germany on Saturday announced that she will do all that is in her power to create the needed conditions for an orderly Brexit with the closing of an agreement between the UK and the EU.

Sat, 19 Jan 2019 20:33:18 GMT

Serbs protest against President

On Saturday, almost ten thousand people marched in the streets of Belgrade to protest against the ruling President Aleksandr Vucic. The protestors demanded freedom of media.

Sat, 19 Jan 2019 20:29:11 GMT

General Motors sends warning to employees

General Motors Company in Brazil has issued a warning to its employees that there will be a turnaround plan implemented in an effort to return profitability of the unit in the country.

Sat, 19 Jan 2019 20:28:40 GMT

Democrats dismiss Trump's offer

As it was leaked that Donald Trump was about to offer an immigration deal to the Democrats that would end the government shutdown, various Democrat party members dismissed it as inadequate.

Sat, 19 Jan 2019 18:50:54 GMT

US demands regular Chinese trade reviews

On Saturday, it was revealed that the US officials are pushing for the creation of regular reviews of the progress that China is or is not making in regards to promised trade reforms.

Sat, 19 Jan 2019 18:50:31 GMT

Trump shutdown compromise still includes border wall

As the US President Donald Trump was about to propose a solution to the US government shutdown, a Reuters source revealed that the deal will still include a border wall being built.

Sat, 19 Jan 2019 17:40:50 GMT

Merkel suggests tighter EU defence cooperation

The Chancellor of Germany Angela Merkel announced on Saturday that the European Union needs to increase its cooperation in defence. Namely, the development of weapons systems.

Sat, 19 Jan 2019 17:40:26 GMT

Trump will propose compromise for shutdown

On Saturday, it was revealed by a Reuters source that the US President Donald Trump is planning to propose a solution to immigration, which would end the US government shutdown.

Sat, 19 Jan 2019 17:06:56 GMT

Trump reveals results with North Korea

The US President Donald Trump revealed on Saturday that a lot of progress has been made in regards to denuclearization of North Korea during the talks with the envoy, who is visiting the US.

Sat, 19 Jan 2019 17:06:31 GMT

Yellow vest protests continue

On Saturday, around seven thousand protesters in yellow vests continued to demonstrate in Paris. This weekend was the tenth consecutive weekend of protests against the government.

Sat, 19 Jan 2019 16:28:43 GMT

Zeal shareholders grant approval for Lotto24 takeover

Zeal Network's shareholders have granted their approval to the German gambling company for a takeover of its rival Lotto24, with the bid acceptance period to be started by January's end.

Sat, 19 Jan 2019 16:24:53 GMT

CME to keep its Slovenian TV networks

The broadcaster CME has scrapped the sale of its Slovenian TV networks, the company announced on Friday, as the long-running regulatory process delayed its plans to pay its $1.0B debt.

Sat, 19 Jan 2019 14:52:23 GMT

Czech investor Kretinsky considers bid for Metro

Daniel Kretinsky, the Czech investor, is considering to make a takeover offer for Metro, sending shares of the German retailer up as much as 6% on Friday.

Sat, 19 Jan 2019 14:52:08 GMT

Italy explores M&A options for Carige, Monte dei Paschi

Italy is exploring M&A as one of the solutions for the troubled banks, Banca Carige and Monte dei Paschi, considering to merge them with healthier competitors, such as UBI Banca, in the country's attempts to avoid new banking crisis.

Sat, 19 Jan 2019 14:35:39 GMT

Scout24 drops $5.3B takeover bid from PE

Scout24, Germany's online classifieds company, rejected a $5.34B joint takeover proposal from the private equity firms Blackstone and Hellman & Friedman, stating the bid price was inadequate.

Sat, 19 Jan 2019 14:27:30 GMT

RPC extends deadline for Apollo to make firm offer

The private equity suitor of RCP Group, Apollo Management Group, has received time until January 23 to make a firm proposal for the EU largest plastics packaging maker, RPC confirmed.

Sat, 19 Jan 2019 12:41:58 GMT

Intel will make an announcement about China

Representatives of Intel have announced that they will make an important announcement to their stock holders about the company's business in China.

Sat, 19 Jan 2019 12:41:46 GMT

Casino will sell stores to Leclerc

On Saturday, in France the supermarket retailer Casino announced that it will sell six of its shops to its rival company Leclerc.

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