News

Note: This section contains information in English only.
Wed, 27 Jun 2018 11:36:49 GMT

BB Seguridade sells its unit to Spain's Mapfre

BB Seguridade, the Brazil insurance company, has sold its unit to the Spanish firm Mapfre in a new deal that could free up $478.2M worth of capital.

Wed, 27 Jun 2018 11:34:31 GMT

Wiese lowers stake in Shoprite after Steinhof hit

Christo Wiese, South Africa's tycoon, has cut part of its Shoprite stake this Wednesday, raising $264M, following his finances had been dented amid scandal-hit Steinhoff.

Wed, 27 Jun 2018 10:34:54 GMT

Bulgaria's Inercom sees approval to acquire CEZ's Bulgarian assets

Inercom, Bulgaria's solar energy producer, is expecting to receive a regulatory approval to acquire the Czech utility CEZ's Bulgarian assets, the monopoly commission stated on Tuesday.

Wed, 27 Jun 2018 10:27:11 GMT

Uber wins probationary London licence to avoid ban

On Tuesday, Uber Technologies has gained a probation London licence to continue operating in the City, following the ride-hailing company's promises it had made changes to its corporate culture.

Wed, 27 Jun 2018 09:40:02 GMT

Norway plans sale of its remaining SAS airline shares

Norway is planning a sale of the rest 9.88% stake in the Scandinavian airline SAS, the country's ministry of industry and trade said.

Wed, 27 Jun 2018 08:06:59 GMT

Official: CSU wants to strengthen border control

Alexander Dobrindt, a senior member of the Bavarian Christian Social Union, said the party was seeking to introduce a stronger border control for migrants next week.

Wed, 27 Jun 2018 08:02:00 GMT

Oil strengthens amid tighter supply

Oil prices rose early on Wednesday, boosted by disrupted supply in Canada and the US threatening to impose sanctions on Iran oil importers.

Wed, 27 Jun 2018 07:13:35 GMT

Facebook decides to ease ban on certain cryptocurrency related ads

On Tuesday, Facebook has eased its ban, allowing some cryptocurrency related ads to be promoted, but still keeping the restrictions on the advertisements linked to ICO and binary options.

Wed, 27 Jun 2018 07:05:18 GMT

Prime Opportunities given more time to decide on IWG bid

On Tuesday, Prime Opportunities Investment Group has been given more time to decide on the IWG proposal until 1600 GMT on July 21, the FTSE 250 firm said.

Wed, 27 Jun 2018 06:38:21 GMT

KKR prepares to list Selecta on Swiss bourse this year

The buyout group KKR is preparing Selecta, the vending machine operator, for an initial public offering on the Swiss bourse this year valued at $1.0B.

Wed, 27 Jun 2018 06:34:25 GMT

Conagra Brands in advanced talks to acquire Pinnacle Food

According to CNBC, Conagra Brands is in advanced negotiations to acquire Pinnacle Foods with a deal likely to be announced as early as this week.

Wed, 27 Jun 2018 05:00:25 GMT

CGN seeks $2.29B in IPO

CGN Power, a unit of the nuclear power company China General Nuclear Power Group, is set to issue 5.05B shares on the Shenzhen Stock Exchange with the total value of $2.29B.

Wed, 27 Jun 2018 04:57:29 GMT

Official: Japan, US discuss Iran sanctions

The Japanese Chief Cabinet Secretary Yoshihide Suga said Japan was in talks with the United States in order to avoid its companies being adversely affected by US sanctions on Iran.

Wed, 27 Jun 2018 04:27:25 GMT

Google retires AdWords, DoubleClick brands

Google announced this Wednesday that the company would retire the AdWords and DoubleClick brands due to the rebranding of its ad software.

Wed, 27 Jun 2018 04:25:40 GMT

New Zealand business confidence deteriorates in June

The New Zealand business sentiment decreased to -39.0 in June, thus showing that 39% of respondents were pessimistic about the economic outlook during the following 12 months.

Wed, 27 Jun 2018 03:00:32 GMT

Canada's FinMin wants NAFTA talks to continue soon

The Finance Minister of Canada Bill Morneau stated that he wants NAFTA talks to resume very soon, and while the country's economy was doing well the US-imposed tariffs on aluminium and steel were a problem.

Wed, 27 Jun 2018 02:54:48 GMT

Air New Zealand fined $11.1M on cartel charges

Australia's Federal Court requested Air New Zealand to pay a penalty, as it was found that the carrier fixed prices of fuel, security and insurance charges for years, Australia's competition watchdog stated.

Wed, 27 Jun 2018 02:35:39 GMT

China's strong industrial profits hold risks of trade war at bay

Profits at Chinese industrial firms rose markedly in May, keeping the prior month's sizzling pace in spite of signs of weakening momentum in the in the economic growth and intensifying trade tensions with the US.

Wed, 27 Jun 2018 02:31:24 GMT

Hammond: UK committed to open, free trade

Britain was committed to promoting open and free trade, and hopes to take advantage of opportunities brought by Chinese Belt and Road initiative, the UK Chancellor Philip Hammond stated.

Tue, 26 Jun 2018 20:07:31 GMT

Sudan's President plans to reopen border with S. Sudan

Sudan plans to reopen the border with South Sudan and resume trade between the two nations, the Sudanese President Omar al-Bashir says.

Tue, 26 Jun 2018 20:06:06 GMT

Jordan rejects to receive additional refugees from Syria

The kingdom rejects to receive new refugees from Syria under any circumstances, the Jordanian Prime Minister Omar Razzaz says.

Tue, 26 Jun 2018 19:33:44 GMT

Rouhani: US to fail in breaking Iran

The United States will fail in breaking Iran, the Iranian President Hassan Rouhani says.

Tue, 26 Jun 2018 19:33:04 GMT

UN to provide $1.9B to improve Kenya's growth

The United Nations on Tuesday started a $1.9B program to promote good governance, sustainable development, gender equality and sustainable development in Kenya.

Tue, 26 Jun 2018 17:58:51 GMT

UK's Prince William meets with Israeli President, PM

The British Prince William on Tuesday met with Israel's Prime Minister Benjamin Netanyahu and President Reuven Rivlin.

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