News

Note: This section contains information in English only.
Tue, 03 Dec 2019 06:49:29 GMT

Astellas Pharma to acquire Audentes Therapeutics

Japan's Astellas Pharma agreed to acquire Audentes Therapeutics in a cash deal worth $2.7B, as it seeks to boost its genetic medicines pipeline for rare neuromuscular diseases.

Tue, 03 Dec 2019 05:41:57 GMT

Brazil foreign minister has no worries over US tariffs

Ernesto Araújo, the Brazilian Foreign Minister, stated he had no worries regarding the metals tariffs introduced by the US President Donald Trump on Monday, adding the issue would not stop Brazil from seeking for deeper ties with the US.

Tue, 03 Dec 2019 04:45:43 GMT

Ex-Honeywell CEO in talks over Vertiv

The former Honeywell International CEO David Cote has entered talks to acquire the US backup power equipment company Vertiv for over $5.0B, including debt, Reuters reported.

Tue, 03 Dec 2019 03:48:45 GMT

FCA, UAW agree on tentative labour deal

Fiat Chrysler Automobiles and the United Auto Workers union have recently reached an agreement for the four-year labour contract, ahead of the carmaker's merger deal with France's PSA Group.

Tue, 03 Dec 2019 03:17:19 GMT

Apple fails to halt MacBook keyboard class action

US federal judge rejected Apple's bid to dismiss the class action lawsuit proposed by customers regarding its MacBook laptop computers' defective "butterfly" keyboards.

Mon, 02 Dec 2019 21:24:00 GMT

Black Friday sales soar 16.5% in Britain

Black Friday's sales in the UK surged to 16.5% from the last year, in a needed boost for British retailer, the Barclaycard's data showed on Monday.

Mon, 02 Dec 2019 19:57:53 GMT

FCA, UAW reach tentative labour deal

Fiat Chrysler Automobiles and the United Auto Workers union have recently reached an agreement for the four-year labour contract, ahead of the carmaker's merger deal with France's PSA Group.

Mon, 02 Dec 2019 18:54:12 GMT

ProSieben CEO says Mediaset merger makes no sense

ProSiebenSat.1's Chief Executive Officer Max Conze stated that the potential merger deal between the German broadcaster and its top shareholder Mediaset was absolutely senseless.

Mon, 02 Dec 2019 17:48:21 GMT

FIOM urges FCA to produce cars at Turin plant

FIOM, the Italian metalworker union, has urged Fiat Chrysler on Monday to produce their new car models in Turin, as it seeks to ensure that the Mirafiori factory reaches full employment.

Mon, 02 Dec 2019 16:43:55 GMT

China names Macau's new leaders

China has triggered a shake-up, appointing new leaders for Macau, the top gambling hub in the world, also replacing the city's economy chief and justice secretaries.

Mon, 02 Dec 2019 15:46:09 GMT

Facebook rolls out media transfer feature to Google Photos

On Monday, the social media giant Facebook has launched a new feature that allows transferring media files from the SM platforms directly to Google Photos, planning to expand the tool for other services.

Mon, 02 Dec 2019 15:21:30 GMT

Xi and Putin oversee Russian gas pipeline's launch

On Monday, Russia's and China's leaders, Vladimir Putin and Xi Jinping, have overseen the launch of the landmark Russian pipeline that will transfer natural gas to northeast China from Siberia.

Mon, 02 Dec 2019 13:49:44 GMT

Trump aims to resume tariffs on LatAm metal imports

On Monday, the US President Donald Trump stated he was seeking to restore tariffs on the US aluminium and steel imports from Argentina and Brazil immediately due to a massive devaluation of the countries' currencies.

Mon, 02 Dec 2019 12:47:06 GMT

UniCredit to trim stake in Turkey's Yapi Kredi

Italy's UniCredit has agreed with the Turkish group Koc Holding to reduce its stake in Turkey's Yapi Kredi Bank to below 32% amid the company's shareholding restructuring.

Mon, 02 Dec 2019 12:00:24 GMT

UK CMA reviews Google's Looker deal

On Monday, Britain's Competition and Markets Authority has launched an inquiry into Google's $2.6B buyout of the privately-owned big-data analytics company Looker Data Sciences.

Mon, 02 Dec 2019 11:29:55 GMT

Nissan CEO rules out ties with Renault

On Monday, the new CEO of Nissan Motor Company Makoto Uchida stated that Nissan will not increase its financial ties with Renault.

Mon, 02 Dec 2019 09:55:02 GMT

Israel's TowerJazz to keep 51% stake in Panasonic's chip JV

On Monday, TowerJazz, the Israeli chip manufacturer, stated it would keep its board control and 51% majority stake in the chip JV established with Panasonic in Japan.

Mon, 02 Dec 2019 09:19:09 GMT

Turkish economy grows 0.9% yoy in Q3

The economy of Turkey grew 0.9% year-over-year in the Q3, in line with analysts' expectations, breaking three last quarters of contraction, Reuters reported on Monday.

Mon, 02 Dec 2019 07:45:56 GMT

HK Airlines must shore up its financial position

Hong Kong Airlines, owned by the struggling China conglomerate HNA Group, must improve the financial position by December 7 or risk losing its licence, the government announced on Monday.

Mon, 02 Dec 2019 07:37:36 GMT

Britain's Ocado launches $642M bond issue

Ocado, the UK online grocer and technology firm, launched a $642M bond offering, seeking to finance the capital expenditure linked to company's international partnership deals.

Mon, 02 Dec 2019 06:21:26 GMT

Oil prices up 1%

Crude oil prices rose 91 cents or 1.7% on Monday morning, reaching $56.08 a barrel, amid growth of the China's PMI from 51.7 to 51.8 in November.

Mon, 02 Dec 2019 05:08:10 GMT

Companies remain unprepared for US, China trade war

According to the DHL survey, a lot of multinational companies do not have any plan B in case th US and China fail to negotiate a trade deal.

Mon, 02 Dec 2019 03:40:33 GMT

PM of Malta steps down

On Sunday, the Prime Minister of Malta Joseph Muscat announced his resignation, which is attributed to a probe into the murder of a journalist.

Sun, 01 Dec 2019 23:50:28 GMT

EU audit reveals results of Czech PM

On Sunday, an audit of the European Commission revealed that the Prime Minister of the Czech Republic has a conflict of his interests due to his former business practices.

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