News

Note: This section contains information in English only.
Mon, 28 May 2018 06:35:52 GMT

SoftBank, Swiss Re halts talks over minority stake

On Monday, Swiss Re stated it has halted the talks with SoftBank over potential minority investment by Japan's firm into the reinsurance company.

Mon, 28 May 2018 05:34:18 GMT

Pacific Sunwear considers merging with Eddie Bauer

Pacific Sunwear of California and Eddie Bauer are considering a merger to bolster their footprint amid a retail downturn in the Unites States, sources acknowledged with the matter reported.

Mon, 28 May 2018 05:18:56 GMT

France, Germany calls on EU to fund tech start-ups

Germany and France are pushing for the European Union funding of innovation and research in technology start-ups across the bloc to compete against the United States and China.

Mon, 28 May 2018 04:35:25 GMT

South Korea searches Samsung Securities head office

South Korea's prosecution has raided the head office of Samsung Securities, as part of an inquiry into the latest finger error of the brokerage.

Mon, 28 May 2018 04:30:24 GMT

Smiths Group considers merger of its medical division

The UK engineering company Smiths Group is in early talks over its medical division potential merger with the US-based ICU Medical, the British firm announced on Sunday.

Mon, 28 May 2018 02:54:36 GMT

Australia increases recall of Takata air bags to nearly 4M cars

Australia stated on Monday that the country was recalling an extra 1.1M cars equipped with Takata Corp air bags, raising the size of its largest ever obligatory recall to just under 4M cars.

Mon, 28 May 2018 02:54:22 GMT

China's CB hikes rate for 28-day reverse repo 5 bps

The People's Bank of China made a 5 bps interest rate increase for 28-day reverse bond repurchase agreements on Monday, matching prior hikes in other tenors in the last two-month period.

Mon, 28 May 2018 02:31:57 GMT

Blackstone offers $2.3B for Australian Investa Office Fund

Australian Investa Office Fund or IOF stated on Monday that it received an unsolicited non-binding buyout offer of $2.3B from the Blackstone Group.

Mon, 28 May 2018 02:28:23 GMT

UK May to urge Donald Trump to avoid protests in London during visit

Theresa May is set to urge the US President Donald Trump to avoid London protests during his Britain visit in July and meet the UK Prime Minister at her country residence.

Sun, 27 May 2018 20:32:50 GMT

Total's unit Saft to invest over €200M in NEXGEN battery

France's battery producer and oil and gas giant Total's unit Saft announced on Friday it would invest more than €200M in the next generation EU battery alliance project.

Sun, 27 May 2018 20:24:23 GMT

Tesla to speed up battery production for Model 3 sedan

Tesla flew six aircraft packed with equipment and robots to California from Europe in its efforts to speed up the battery production for the Model 3 sedan, according to Reuters.

Sun, 27 May 2018 19:34:36 GMT

T-Mobile gets advice on Sprint merger from ex-Tump campaign leader

T-Mobile US stated it was receiving an advice on the proposed merger with Sprint valued at $26B from the President Donald Trump's former campaign manager Corey Lewandowski and a few other election team's members.

Sun, 27 May 2018 19:26:11 GMT

EU privacy regulations come into effect on Friday

The European new privacy measures came into force this Friday, making the companies to become more attentive to managing their customer private data.

Sun, 27 May 2018 17:52:36 GMT

Far right march meets with protests of the left

As nearly 5,000 Alternative for Germany supporters marched on Sunday through Berlin, the march met with anti-AfD demonstrators.

Sun, 27 May 2018 17:52:24 GMT

Truckers decrease blockade in Brazil

The Brazilian protesting truckers have cleared some of the country's roads on Sunday, as talks had moved forwards between the conflicting parties.

Sun, 27 May 2018 17:16:48 GMT

President of Italy summons Prime Minister

The President of Italy summoned the PM-designate Giuseppe Conte on Sunday in an effort to break the deadlock in the formation of a new government.

Sun, 27 May 2018 17:16:16 GMT

Colombians vote in presidential elections

On Sunday, Colombian citizens voted in the presidential elections of the country. The biggest concern regarding the election was the possibility of its outcome influencing the peace with the FARC rebels.

Sun, 27 May 2018 16:02:30 GMT

Head of North Korean and US summit is revealed

The Washington Post on Sunday revealed that Sung Kim, the former ambassador of the US to South Korea, is heading the preparations of the upcoming June 12 summit.

Sun, 27 May 2018 16:02:07 GMT

Iran will crack down on protests

On Sunday, a judiciary spokesman of Iran announced that security forces of the country would confront any unrest that could be exploited by the country's enemies.

Sun, 27 May 2018 15:20:45 GMT

China condemns US fleet in South China Sea

The Defence Ministry of China on Sunday announced that it is opposed to the provocation made by two US warships sailing near the islands claimed by China in the South China Sea.

Sun, 27 May 2018 15:20:13 GMT

US officials prepare for upcoming summit

US officials on Sunday went to North Korea to hold talks about the preparation for the upcoming US and North Korean summit.

Sun, 27 May 2018 13:50:46 GMT

Palestinian President remains in hospital

Mahmoud Abbas, the President of Palestine is set to spend an eighth day in hospital. He was hospitalized to treat a lung infection.

Sun, 27 May 2018 13:50:37 GMT

British PM calls for relaxation in Ireland

The Prime Minister of the United Kingdom on Sunday announced that the various Northern Ireland representatives should remain calm after the Republic of Ireland abolished abortion.

Sun, 27 May 2018 13:27:53 GMT

Egyptian authorities detain opposition leader

Authorities in Egypt have detained Hazim Abdelazim, who was a prominent former President's supporter and now is big critic of the ruling government.

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