News

Note: This section contains information in English only.
Thu, 26 Apr 2018 12:28:26 GMT

Slovak leader grudgingly names new Interior Minister

On Thursday, Slovakia's President Andrej Kiska has reluctantly appointed Denisa Saková as a new Interior Minister, triggering new public protests linked to the investigative journalist Jan Kuciak's murder.

Thu, 26 Apr 2018 12:19:49 GMT

Italian divided PD to discuss 5-Star negotiations on May 3

The Italian divided centre-left Democratic Party is set to meet next week, on May 3, to negotiate whether the talks with the 5-Star Movement's anti-establishment over coalition would take place.

Thu, 26 Apr 2018 11:32:30 GMT

GM comes closer to South Korea unit's resolution

On Thursday, General Motors' President stated the carmaker was nearing the resolution to fix its South Korea's unit, as the union had accepted the wage deal.

Thu, 26 Apr 2018 11:26:32 GMT

Germany views US trade tariffs to take effect on May 1

Germany is expecting the US tariffs on aluminium and steel imports to come into force starting from May 1, after the temporary exemption expires.

Thu, 26 Apr 2018 10:08:11 GMT

Deutsche Bank decreases investment

The new CEO of Deutsche Bank announced that the bank will decrease asset trading. The news were announced after a massive drop of the bank's profits.

Thu, 26 Apr 2018 10:06:36 GMT

EU will regulate tech giants

The European Union authorities have announced that Amazon, Apple and Google are set to face government regulation of their business practices.

Thu, 26 Apr 2018 09:39:18 GMT

Iran's Khamenei calls on Muslim nations to stand against US

On Thursday, the local television reported the Iranian Supreme Leader Ayatollah Aly Khamenei urged the Muslims nations to unite and stand against the United States, citing the potential bullying from the country.

Thu, 26 Apr 2018 09:36:50 GMT

Avast aims to be valued at $4.5B in IPO

The cyber security company Avast is seeking up to a $4.5B valuation in the firm's initial public offering, which would be the largest London listing since the last year's July.

Thu, 26 Apr 2018 08:36:59 GMT

Springer Nature plans to offer shares worth $1.95B in IPO

On Wednesday, Springer Nature announced it was planning to offer its shares worth about $1.95B in the upcoming initial public offering.

Thu, 26 Apr 2018 08:33:22 GMT

Nissan CEO dismisses idea of merging with Renault

Nissan Motor's Chief Executive rejected the idea to merge Japan's carmaker with its partner Renault, insisting it is important for companies to stay independent.

Thu, 26 Apr 2018 07:34:13 GMT

LG Elec, LG Corp acquire Austria's car light producer ZKW

The South Korean companies, LG Electronics and LG Corp, agreed to acquire a combined 100% stake in the Austrian auto light maker ZKW in a deal worth $1.3B.

Thu, 26 Apr 2018 07:32:18 GMT

Welltower to purchase Quality Care Prop for nearly $2B

The real estate trust focused on healthcare, Welltower, is set to purchase Quality Care Properties for around $1.95B in cash, the firms announced late on Wednesday.

Thu, 26 Apr 2018 06:21:29 GMT

Italian Cabinet to meet over Alitalia sale, bridge loan delay

On Thursday, the Italy Cabinet is set to gather the meeting to officially delay its local carrier Alitalia's sale and a bridge loan repayment, official sources reported.

Thu, 26 Apr 2018 06:18:14 GMT

MBDA, Lockheed seek finalising missile defence pact with Germany

The EU's MBDA and the US arm producer Lockheed Martin hope to complete a deal with Germany's government by this year-end for a new missile and air defence system that costs billions of euros.

Thu, 26 Apr 2018 03:22:41 GMT

BoK official: economic cooperation with NK to enhance sentiment

The Bank of Korea's official stated that resuming any cooperation with North Korea could enhance consumer sentiment in the country.

Thu, 26 Apr 2018 03:21:56 GMT

AT&T profit below forecasts as pay-TV business weakens

AT&T reported lower-than-anticipated quarterly profit, as the second-largest US wireless carrier was deprived of some subscribers of its pay-TV, sending the company's shares more than 3% after the end of trading.

Thu, 26 Apr 2018 02:33:13 GMT

Ford expands cost-cutting plan

Ford Motor outlined a plan to diminish costs and increase profit margin at a stronger pace than previously anticipated, including dropping down sedan models in North America.

Thu, 26 Apr 2018 02:27:24 GMT

PayPal profit beats estimates in Q1

PayPal Holdings reported that its profit in the Q1 managed to beat Wall Street forecasts, as the company benefited from bigger volume of mobile payments and solid merchant services business.

Wed, 25 Apr 2018 20:09:28 GMT

AXA receives $3.2B following restructuring deals completion

France's AXA stated on Wednesday it had received $3.2B after the internal, restructuring deals completion, such as loans repayment, ahead of its US unit's planned IPO.

Wed, 25 Apr 2018 19:57:49 GMT

VW reaches settlement with Maryland in diesel emissions row

On Wednesday, Volkswagen reached a settlement worth $33.5M with Maryland over the allegations related to the German carmaker's excess emissions.

Wed, 25 Apr 2018 19:24:02 GMT

Comcast submits $31B offer for Sky on Wednesday

On Wednesday, the US media group Comcast has confirmed its $30.7B bid for the UK pay-TV broadcaster Sky; a move that intervened in Rupert Murdoch's plans to gain full control of the British company.

Wed, 25 Apr 2018 19:10:41 GMT

Bombardier, Airbus seek to sign CSeries deal by end of May

Bombardier and Airbus are hoping to clinch their deal, where the EU planemaker is set to receive a majority stake in Bombardier's CSeries jetliner programme by the late May as scheduled.

Wed, 25 Apr 2018 18:20:54 GMT

Safran CEO expresses his concern regarding Airbus production increase

On Wednesday, CEO of French jet engine maker Safran Philippe Petitcolin said that at present time a company could not commit to the increased volume of engines supply for Airbus.

Wed, 25 Apr 2018 18:08:49 GMT

US investigates Huawei for violating Iran sanctions

New York federal prosecutors are investigating Chinese telecom giant Huawei whether the company has violated US export and sanctions laws by shipping US-originated products to Iran. 

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