News

Note: This section contains information in English only.
Wed, 03 Apr 2019 15:42:34 GMT

White House announces trade talk progress

On Wednesday, the Economic Adviser of the White House Larry Kudlow announced that the US-China trade talks have made progress and a new round of negotiations will occur in Washington.

Wed, 03 Apr 2019 14:56:03 GMT

White House comments on Brexit

The Economic Adviser of the White House Larry Kudlow announced on Wednesday that a clear Brexit would help the US negotiate a new trade deal with the United Kingdom.

Wed, 03 Apr 2019 14:55:07 GMT

Theresa May negotiates with opposition

On Wednesday, it was announced by the British Prime Minister Theresa May that she will seek a Brexit compromise by negotiating with the opposition leader Jeremy Corbyn.

Wed, 03 Apr 2019 14:39:06 GMT

BlackRock to have extra time for Carige offer

BlackRock has been given more time to make an offer for the struggling Italian lender Carige, as it remained the only potential buyer of the company.

Wed, 03 Apr 2019 13:55:33 GMT

Tata Steel supports JV with ThyssenKrupp

On Wednesday, India's Tata Steel supported the logic of the joint venture deal with ThyssenKrupp, a few days after the firms had submitted their proposals to the EU Commission to receive approval to the partnership.

Wed, 03 Apr 2019 13:22:26 GMT

iHeratMedia to launch IPO

On Wednesday, the US radio firm iHeartMedia filed for an IPO with the SEC to list its common Class "A" shares, as the company is nearing bankruptcy exit.

Wed, 03 Apr 2019 13:17:47 GMT

Viacom inks content distribution pact with T-Mobile

Viacom has tied up with T-Mobile US over a content distribution deal under which media firm's brands, such as Nickelodeon and MTV, would be available to T-Mobile's 80M customers.

Wed, 03 Apr 2019 12:04:13 GMT

CMC Markets shares drop on profit warning

CMC Markets shares plunged over 10% on Wednesday, following the company's estimates of an income slump in the preceding year to March on the news the online trading platform's CFO was set to leave and new regulations hit client activity.

Wed, 03 Apr 2019 12:04:06 GMT

Carmakers tie up to advance autonomous testing, rules

On Wednesday, thee major carmakers Ford, General Motors and Toyota have joined their forces to help advance the safety standards for autonomous vehicles that could result in creating regulations in the United States.

Wed, 03 Apr 2019 10:56:17 GMT

Ford to release over 30 new models in China

Ford Motors is planning to roll out over 30 new car models in China during the following three years with several of them to be electric, as the US carmaker seeks to boost slumping sales in the Asian market.

Wed, 03 Apr 2019 10:52:22 GMT

Searchlight Capital to take 26% stake in Latecoere

Searchlight Capital Partners, the investment company, agreed to acquire a 26% stake in France's aeronautics firm Latecoere in a deal valued at about $106.8M.

Wed, 03 Apr 2019 10:33:47 GMT

European stocks surge on Wednesday

During the European trading hours on Wednesday stocks reached an eight month high level. The surge could be most likely attributed to the monetary stimulus of the ECB.

Wed, 03 Apr 2019 10:33:15 GMT

Superdry stock falls

The stock price of Superdry plummeted by eleven percent on Wednesday. The decline was caused by recent inside politics at the company, as a founder has achieved his way back into the company.

Wed, 03 Apr 2019 09:36:53 GMT

Hitecvision takes over Solveig Gas 100% shares

Hitecvision, the private equity firm, agreed to take over 100% of shares of Solveig Gas, the No. 2 biggest owner of Norwegian offshore gas pipeline system.

Wed, 03 Apr 2019 09:32:16 GMT

Metro still negotiates hypermarkets sale

German supermarkets chain Metro is still negotiating a potential sale of its Real hypermarkets with several investors, seeking for a deal worth about $1.0B.

Wed, 03 Apr 2019 08:28:34 GMT

Norwegian's head holds positive meetings with Boeing

The Norwegian Air CEO Bjoern Kjos stated on Wednesday he had held optimistic meetings with the US jet maker Boeing over its 737 MAX 8 planes grounding, following the fatal crash that involved Ethiopian Airlines last month.

Wed, 03 Apr 2019 08:23:11 GMT

Emirates NBD to acquire Denizbank for $2.8B

On Wednesday, Dubai's Emirates NBD announced it would acquire Turkey's Denizbank in a revised deal with Russia's Sberbank worth $2.8B.

Wed, 03 Apr 2019 07:36:44 GMT

JDI to supply Apple Watch with OLED screens

Japan Display Inc is set to supply OLED screens for Apple Watch starting this year, paving its way to the OLED display market on the back of cash issues in the company.

Wed, 03 Apr 2019 07:33:38 GMT

Roche Holding prolongs Spark offer until May

Roche Holding has decided to prolong its $4.3B offer for the US gene therapy company Spark Therapeutics until May 2, after the Swiss drugmaker got only 29.4% of specialist's shares in a deal originally due to complete on Wednesday.

Wed, 03 Apr 2019 04:53:51 GMT

Royal Dutch Shell set to leave US refining lobby

Royal Dutch Shell Plc became the first oil and gas company to leave the US refining lobby, citing climate differences.

Wed, 03 Apr 2019 04:53:36 GMT

Global equity markets reach six-month high

Global equity markets hit a six-month high on Tuesday, as investors and traders took a brief pause from three days run of gains.

Wed, 03 Apr 2019 04:05:30 GMT

Algeria's President Bouteflika resigns

The Algerian President Abdelaziz Bouteflika has resigned from office after 20 years rule, amid pressure from the country's powerful military.

Wed, 03 Apr 2019 04:03:51 GMT

Crude oil prices hit 2019 high

Crude oil prices reached 2019 high level on Tuesday. The surge was attributed to OPEC supply cuts and the US sanctions against Venezuela and Iran.

Wed, 03 Apr 2019 03:37:26 GMT

US one auto sales decline in weak start to this year

Major automakers reported weak sales in the US for the periods of March and the first quarter, pointing to a rough start to the year, though said a strong economic growth and labour market should support sales.

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