News

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Wed, 24 Apr 2019 15:29:22 GMT

Occidental makes higher bid for Anadarko

Occidental Petroleum Corp, the gas and oil producer, has made a $57B takeover bid for Anadarko Petroleum Corp, topping the earlier proposed deal by Chevron Corp worth $50B.

Wed, 24 Apr 2019 15:25:47 GMT

Related to acquire AT&T's WarnerMedia HQs

Developer Related Companies stated it affiliate had agreed to acquire AT&T's WarnerMedia global headquarters located in Manhattan in the NYC's most expensive deal worth around $2.2B.

Wed, 24 Apr 2019 14:37:17 GMT

Brazil's Cielo rolls out instant payments

Brazil's Cielo CEO Paulo Caffarelli announced the card processor had launched instant payments and free card-reader machines for its clients after the recent moves by its rivals.

Wed, 24 Apr 2019 14:26:20 GMT

Scotland seeks for independence by May 2021

Nicola Sturgeon, the Scottish First Minister, stated on Wednesday Scotland would try to conduct its independence referendum before May 2021, when the country's current parliamentary term ended.

Wed, 24 Apr 2019 13:33:26 GMT

Chainalysis extends tracking service to ten cryptos

The US compliance start-up Chainalysis expanded its real-time tracking service to ten cryptocurrencies amid its intention to reduce the anti-money laundering activities globally.

Wed, 24 Apr 2019 13:09:49 GMT

AT&T abandons Q1 revenue forecasts

On Wednesday, AT&T missed analysts' expectations for its Q1 revenue results, tumbled by the sluggish sales in the WarnerMedia arm and the company's wireless business, after it had trimmed prices to lure customers.

Wed, 24 Apr 2019 12:38:17 GMT

Boeing misses 2019 estimates amid 737 groundings

Boeing reported its revenue and cashflow missed Wall Street's Q1 estimates, while also suspending the 2019 forecast, as the planemaker is still suffering from the 73 MAX jets groundings.

Wed, 24 Apr 2019 11:17:19 GMT

Japan's minister to meet US Treasury Secretary

Taro Aso, Japan's Finance Minister, is set to hold a meeting with Steven Mnuchin, the US Treasury Secretary scheduled for Thursday in Washington, according to the Japanese ministry's statement.

Wed, 24 Apr 2019 11:11:33 GMT

Credit Suisse raises profit on equity trading gains

On Wednesday, Credit Suisse has set a positive forecast for the Q2 European bank results, raising its net profit to 749M Swiss francs with surprise gains in its equities and deeper relations between private banking and trading.

Wed, 24 Apr 2019 09:55:17 GMT

Kim makes his first official visit to Russia

On Wednesday, Kim Jong Un, the leader North Korea, arrived in Russia for a summit with the Russian President Vladimir Putin.

Wed, 24 Apr 2019 09:52:55 GMT

Global equity markets decline on Wednesday

On Wednesday, global equity markets edged lower, as signs showed that China has paused its broader stimulus program.

Wed, 24 Apr 2019 09:37:07 GMT

ING bank open for foreign takeover

ING Groep's CEO Ralph Hamers said to shareholders the Dutch bank was ready for a cross-border takeover deal under some circumstances, following reports about ING's interest in buying Commerzbank in case the merger with Deutsche Bank failed.

Wed, 24 Apr 2019 09:30:50 GMT

Deutsche Bahn asks suitors to make bids by May

Deutsche Bahn, the German railway operator, has called on potential suitors of the British arm Arriva to express the asset interest by May 3, the Financial Times reported on Wednesday.

Wed, 24 Apr 2019 08:26:11 GMT

PAI makes €1.54B offer for Elior's Areas arm

Elior, the French catering group, received a €1.54B proposal from the private equity company PAI Partners for Elior's "Areas" concession catering arm, as it had put its non-core assets up for a sale to boost performance.

Wed, 24 Apr 2019 07:40:01 GMT

Sberbank makes investment in Russia's Rambler

Russia's Sberbank signed an agreement to acquire a 46.5% stake in the media firm Rambler Group, the lender announced on Tuesday not disclosing the financial terms of the deal.

Wed, 24 Apr 2019 06:37:58 GMT

UBS, Deutsche Bank enter merger talks

Switzerland's bank UBS Group and the asset management divisions of Deutsche Bank have entered merger talks, according to the Financial Times, considering to combine their asset management potentially worth over $1.57 trillion.

Wed, 24 Apr 2019 06:35:00 GMT

Japan's SoftBank to take 5.6% of Wirecard

Japan's Softbank Group is set to acquire a 5.6% stake in the German payments firm Wirecard by taking convertible bonds valued at about $1.01B, Wirecard stated on Wednesday.

Wed, 24 Apr 2019 05:10:39 GMT

China to make changes on Belt and Road initiative

Beijing is expected to promote the new version of the Belt and Road initiative project at this week's summit of world leaders in China.

Wed, 24 Apr 2019 05:10:25 GMT

Australian Dollar declines on Wednesday

On Wednesday, the Australian Dollar declined to six weeks low against its peers after data showed that the Australian Consumer Price Index in the first quarter was below forecasts.

Wed, 24 Apr 2019 04:06:32 GMT

US Dollar reaches near two years high

On Wednesday, the US Dollar reached near a two-year higher against its peers after data showed that the US economy was doing fine.

Wed, 24 Apr 2019 04:04:34 GMT

Tesla to upgrade Model X and S cars

Tesla Inc announced on Tuesday that it would bring back cheaper options for Model S and X cars and roll out upgrades to enhance the re-charging speed and driving range.

Wed, 24 Apr 2019 03:36:53 GMT

New Zealand, France to tackle social media extremism

After the Christchurch attack, New Zealand stated that it is set to cooperate with France in an attempt to stop social media usage to promote violent extremism and terrorism.

Wed, 24 Apr 2019 03:13:35 GMT

South Korea proposes extra budget of $5.9B

South Korea unveiled a proposed $5.87B supplementary budget needed to tackle unprecedented air pollution levels and boost exports affected by weak demand.

Tue, 23 Apr 2019 20:26:39 GMT

Egyptians support constitutional changes

The Election Commission of Egypt stated on Tuesday that almost 90% of citizens have supported amendments to the constitution that presuppose extension of a president's term to six years from four.

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