News

Note: This section contains information in English only.
Thu, 10 Jan 2019 07:39:09 GMT

Swiss Valcambi makes $16M bid for Republic Metals

Valcambi, Switzerland's precious metals refiner, made a $16M bid to acquire its competitor Republic Metals Corporation's assets, which had filed for bankruptcy in 2018.

Thu, 10 Jan 2019 07:36:07 GMT

Mexico's Alpek to acquire PET recycling factory in Indiana

A petrochemical unit of the Mexican conglomerate Alfa, Alpek, agreed to acquire the PET recycling plant located in Indiana's city of Richmond, with a deal planned to be closed in the 2019 Q1, the company stated.

Thu, 10 Jan 2019 05:29:53 GMT

China's PPI at 0.9% in December

The Chinese Producer Price Index grew 0.9% year-on-ear in December, marking the weakest growth rate since September 2016 and slowing markedly from the prior month's 2.7% rise, the NBS said.

Thu, 10 Jan 2019 05:10:03 GMT

BOJ's Kuroda: Japan's economy to continue growing

Haruhiko Kuroda, the Bank of Japan Governor, stated on Thursday the country's economy was anticipated to keep moderately growing, while financial system remains stable.

Thu, 10 Jan 2019 04:17:47 GMT

Fiat Chrysler to pay $700M over diesel emissions claims

Fiat Chrysler is set to pay more than $700M to resolve lawsuits over claims that illegal software was used to allow 104K diesel vehicles to emit excess emissions.

Thu, 10 Jan 2019 03:31:59 GMT

LG Chem to provide $1.07B for China's battery plants

South Korea's LG Chem announced plans to invest some $1.07B to expand two battery plants in China by next year,, aiming to meet increasing global demand.

Wed, 09 Jan 2019 20:47:25 GMT

Ukraine foreign trade up 12% in 2018

The Ukrainian foreign trade increased 12% in 2018 to $104.2B from $93.04B the prior year, the State Fiscal Service reports.

Wed, 09 Jan 2019 20:46:44 GMT

German exports stagnate in November

Germany exported €116.3B of goods and imported €95.7B of goods in November 2018, nearly unchanged from the same period the previous year, the Federal Statistical Office reports.

Wed, 09 Jan 2019 20:36:14 GMT

Macedonian economy to expand 2.9% in 2019

The Macedonian economy is expected to expand 2.9% in 2019, an increase from 2.5% in 2018, the Macedonian Information Agency reports.

Wed, 09 Jan 2019 20:35:33 GMT

Ukraine plans to get sniper rifles from Canada in 2019

Ukraine plans to purchase long-range sniper rifles from Canada this year, the Ukrainian Ambassador to Canada Andriy Shevchenko says.

Wed, 09 Jan 2019 18:51:08 GMT

Fed's Evans anticipated three US rate increases this year

The US Chicago Fed President Charles Evans announced expectations for three interest-rate hikes in 2019, assuming that the US economy remained reasonably strong.

Wed, 09 Jan 2019 18:50:56 GMT

Ford, VW to unveil deeper cooperation at Detroit auto show

Ford and Volkswagen are expected to announce a deeper cooperation over the auto show in Detroit, which goes beyond partnering in the commercial vehicles area, sources familiar with the matter said.

Wed, 09 Jan 2019 18:18:14 GMT

Lennar sales below estimates amid weak housing demand

Lennar reported weaker-than-expected home sales in the quarter and orders, confirming fears that the US property market was slowing in the face of higher rates and increasing prices, following years of strong growth.

Wed, 09 Jan 2019 18:14:54 GMT

Toyota recalls 1.3M vehicles in US for air bag inflators

Toyota Motor stated that it was recalling another 1.3M vehicles in the US for potentially faulty air bag inflators made by Takata within a multi-year recall campaign started in 2016.

Wed, 09 Jan 2019 17:17:26 GMT

France's Engie seeks reviving talks over TAG takeover

Engie SA, the French energy group, is expecting to revive talks to acquire Petroleo Brasileiro's gas transportation unit TAG this year, its CEO stated on Wednesday.

Wed, 09 Jan 2019 17:14:52 GMT

Nassef Sawiris slams his stake in LafargeHolcim

One of LafargeHolcim's largest shareholders, Nassef Sawiris, cut his stake in the cement maker by around 1.6M shares worth over $67.5M, Handelszeitung daily reported on Wednesday.

Wed, 09 Jan 2019 16:21:14 GMT

Israel's high-tech companies lift record $6.47B last year

Israel's private high-tech firms raised their record $6.47B in 2018, up 17% from the previous year, according to the ZAG law group and Israel Venture Capital Research Centre's report published on Wednesday.

Wed, 09 Jan 2019 16:13:27 GMT

T-Mobile beats expectations by adding 1M customers in Q4

On Wednesday, T-Mobile US reported it had added 1M of new phone subscribers in the Q4, beating Wall Street's expectations for nearly 858K customers.

Wed, 09 Jan 2019 15:36:18 GMT

Facebook's Zuckerberg to host public debates on tech future

Facebook's CEO Mark Zuckerberg is set to host several public debates considering technology future in society, which is considered to be a part of Zuckerberg's personal 2019 challenge.

Wed, 09 Jan 2019 15:28:44 GMT

Norway explores option to ban Huawei's 5G network

On Wednesday, the Norwegian Justice Minister stated the country was considering an option to exclude Huawei Technologies from building its 5G telecommunications infrastructure, following the other western nations.

Wed, 09 Jan 2019 14:36:13 GMT

Brazil's Pharol unit, Oi agree to halt legal disputes

Braziian Pharol's subsidiary and the telecom group Oi agreed to terminate their legal disputes, preparing the ground for Oi's long-awaited operating turnaround.

Wed, 09 Jan 2019 14:30:17 GMT

Debenhams lenders picks FTI as advisers on restructuring

According to a Sky News report published on Wednesday, Debenhams lenders hired FTI Consulting, seeking the company to advise on the UK department state group's restructuring.

Wed, 09 Jan 2019 13:38:35 GMT

HNA sells controlling stake in Manhattan building for $422M

On Wednesday, China's conglomerate HNA Group announced it had sold its controlling stake in Manhattan building for $422M.

Wed, 09 Jan 2019 12:37:59 GMT

Vinci to spend $1.32B on Lisbon airport projects

France's Vinci is set to provide $1.32B in funding for the Lisbon airport expansion and a new hub construction in Montijo, it announced on Tuesday.

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