News

Note: This section contains information in English only.
Wed, 09 May 2018 02:33:07 GMT

Japan real wages grow in March

Japan's workers' inflation-adjusted real wages increased for the first time in the four-month period in March in an optimistic sign for consumption.

Tue, 08 May 2018 20:01:17 GMT

Uganda works with Ernst & Young to increase investment in free zones

Uganda on Tuesday signed a memorandum of understanding with audit firm Ernst & Young to increase investment in the country's free economic zones.

Tue, 08 May 2018 20:00:22 GMT

World Bank: Romania GDP to increase 5.1% in 2018

Romania's Gross Domestic Product is expected to increase 5.1% in 2018 compared to the year 2017, the World Bank says in a statement.

Tue, 08 May 2018 19:28:23 GMT

Chinese Premier congratulates Medvedev on new term as Russian PM

The Chinese Premier Li Keqiang on Tuesday congratulated Dmitry Medvedev for securing a new term as Russian Prime Minister.

Tue, 08 May 2018 19:27:27 GMT

Trump pulls US from Iran nuclear deal

The US President Donald Trump on Tuesday pulled the country out of an agreement aimed at stopping Iran from constructing a nuclear bomb and announced economic sanctions on Tehran.

Tue, 08 May 2018 18:11:26 GMT

German weapons exports to turmoil regions up significantly

German weapons exports to war-torn regions almost doubled after previous "grand coalition" run by Chancellor Angela Merkel, the German newspaper reported on Tuesday.

Tue, 08 May 2018 17:22:54 GMT

Argentina seeks funding from IMF to deal with peso volatility

Argentina is looking to get raise money from the International Monetary fund in order to deal with the latest market fluctuations punctuated by the country's peso plumbing lower lows.

Tue, 08 May 2018 17:09:35 GMT

White House plans to hold AI meeting with companies

The White House is going to hold a meeting of how artificial intelligence will affect the US industry and discuss it with major companies like Alphabet, Amazon, Facebook and Oracle.

Tue, 08 May 2018 16:25:36 GMT

Cambridge Analytica should not avoid scrutiny through closure

Cambridge Analytica, the company that was involved in controversial activities with handling the Facebook data, should not avoid scrutiny by shutting the firm down.

Tue, 08 May 2018 16:25:13 GMT

Trump likely to withdraw from Iran nuclear deal

The US President Donald Trump is anticipated to declare on Tuesday that the United States are withdrawing from the Iran deal, after European officials struggled to persuade him the opposite.

Tue, 08 May 2018 15:20:46 GMT

Amazon's veteran Stone to become new Snap's CFO

Snap, the Snapchat owner, stated it had hired Amazon's veteran Tim Stone as the company's new Chief Financial Officer to replace Andrew Vollero after his resignation.

Tue, 08 May 2018 14:18:13 GMT

Russia's Megafon to set up digital JV with Gazprombank, Rostec

On Tuesday, Megafon, one of the largest Russia's mobile phone operators, announced it would form a digital joint venture with Rostec and Gazprombank by cutting its stake in the Internet firm Mail.ru.

Tue, 08 May 2018 13:28:37 GMT

Trump expected to rule on Iran nuclear deal on Tuesday

The US President Donald Trump is set to announce his decision on the Iran nuclear deal on Tuesday, ruling whether to pull out from it or stay in, working with the EU allies.

Tue, 08 May 2018 13:26:03 GMT

North Korea's Kim arrives in China to meet President Xi

The leader of North Korea Kim Jong Un made a visit to China this week to meet the country's President Xi Jinping in the leaders' second encounter in the last two months amid their intention to mend ties.

Tue, 08 May 2018 11:58:53 GMT

EU antitrust regulators to pass verdict on Uniper bid by Fortum

The EU antitrust regulators are set to rule on whether to clear Fortum's bid to buy 47% of the Germna peer Uniper from the energy firm E.ON by June 15, the same date as set for the Comcast-Sky deal.

Tue, 08 May 2018 11:53:40 GMT

Cohu plans to acquire Xcerra in almost $800M deal

The semiconductor testing firm Cohu is planning to acquire its rival Xcerra in a deal valued at $796M, after the US security panel had blocked Xcerra's takeover by China's state-baked fund two months ago.

Tue, 08 May 2018 11:39:15 GMT

Equifax provides US Congress with extra details on cyber-security case

The credit-monitoring company Equifax announced on Monday it had provided the US Congressional committees with additional details over the data breached in a cyber-security incident last September.

Tue, 08 May 2018 11:36:01 GMT

EU regulator to rule on Comcast-Sky bid by June 15

The European antitrust regulator is set to rule on Comcast-Sky $30B deal by June 15, after the US cable operator had filed for the EU approval on May 7.

Tue, 08 May 2018 10:15:19 GMT

Kremlin says US withdrawal from Iran nuclear deal could be harmful

The United States' withdrawal from the Iran nuclear deal could have ‘inevitable harmful consequences', a Kremlin spokesperson Dmitry Peskov said on Tuesday.

Tue, 08 May 2018 10:11:41 GMT

Armenia elects new PM

The Armenian opposition leader Nikol Pashinyan has been elected as the country's Prime Minister with 59 lawmakers in the Parliament backing his candidacy.

Tue, 08 May 2018 09:08:08 GMT

Nevsun Resources drops C$1.5B bid from Canadian miners

On Monday, the base metals firm Nevsun Resources has rejected a C$1.5B takeover bid made by Canada's miners, Euro Sun Mining and Lundin Mining, disappointing the bidders.

Tue, 08 May 2018 09:01:06 GMT

Iraq's Kurdistan picks September 30 to hold regional elections

Iraq's Kurdistan is planning to hold its regional elections on September 30, the region's Prime Minister Nechirvan Barzani announced on Tuesday.

Tue, 08 May 2018 08:36:05 GMT

Alibaba buys South Asian e-commerce platform Daraz

Alibaba Group has acquired the Pakistani e-commerce platform Daraz Group from Rocket Internet, saying the unit would continue operating under the same brand after the acquisition.

Tue, 08 May 2018 08:32:04 GMT

Takeda agrees to acquire Shire in $62B takeover

On Tuesday, Takeda Pharmaceutical agreed the $62B takeover of the London-listed Shire, after Japan's firm raised the cash amount in its bid to $30.33, seeking to secure a recommendation.

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