News

Sat, 28 Jul 2018 05:52:29 GMT

Advisors recommend against Rite Aid sale

Institutional Shareholder Services have advised against the sale of Rite Aid to Albertsons and advises shareholders to vote against a merger.

Sat, 28 Jul 2018 05:51:57 GMT

US soy will not hurt EU farmers

The Agriculture Minister of Germany on Saturday announced that an increase of US soy imports will not hurt the EU farmers.

Sat, 28 Jul 2018 05:23:46 GMT

Trump wants to revive Arab NATO

The administration of the US President Donald Trump has been quietly pushing the creation of an Arab state military alliance that would confront Iran.

Sat, 28 Jul 2018 05:22:31 GMT

By-elections begin in Australia

On Saturday, voting began in the Australian by-elections, which are seen as a benchmark for the re-election of the country's Prime Minister.

Fri, 27 Jul 2018 20:04:02 GMT

White House: President's Trump open to visit Russia after Putin invitation

White House said on Friday that President Donald Trump is open to visit Russia after Russian President Vladimir Putin invited the US President to come to Moscow.

Fri, 27 Jul 2018 20:02:20 GMT

White House: Trump touts economy growth

US President Donald Trump seized on a report of strong economic growth on Friday, as an indication that the US economy is making a remarkable turnaround during his presidency.

Fri, 27 Jul 2018 19:02:36 GMT

President's Trump host election security meeting

On Friday, US President Donald Trump gathered his national security team for high-level meetings on election security, few months before the congressional mid-term elections.

Fri, 27 Jul 2018 19:02:11 GMT

CBS shares declines on report of sexual harassment by CEO

On Friday, CBS Corporation shares fell by 6.3% to $53.88 per share after a Hollywood Reporter said that NY magazine will soon publish an article of sexual misconduct by CBS CEO Leslie Moonves.

Fri, 27 Jul 2018 18:00:51 GMT

Canada's plans to host meeting on World Trade Organization reform

The spokesman for Canada's Trade Minister Jim Carr said on Friday that Canada is planning to host meetings of trade ministers to discuss reform the WTO, but China and the US will not be part for now.

Fri, 27 Jul 2018 18:00:37 GMT

President Trump's thanks Kim as NK hands possible remains of US soldiers

On Friday, North Korea handed what believed to be the remains of US soldiers killed during the Korean War some 65 years ago.

Fri, 27 Jul 2018 17:10:26 GMT

Twitter Inc shares plummets

Twitter Inc reported fewer monthly active users than expected on Friday as it warned that the closely watched numbers could keep declining while it deletes fake accounts making shares to plummet.

Fri, 27 Jul 2018 17:02:54 GMT

US Advance GDP grows by 4.1% in the second quarter

The United States economy grew at 4.1% in the second quarter, its fastest movement in almost four years as consumers spending increases and farmer sold more soybeans to China before the tariffs took effect in July.

Fri, 27 Jul 2018 16:37:06 GMT

EA Games misses analysts' revenue estimates

On Thursday, Electronics Arts reported its quarterly adjusted revenue growth came at $1.16B, missing analysts expectations of a $1.23B reading.

Fri, 27 Jul 2018 16:25:36 GMT

South Africa's Ramaphosa seeks nuclear talks with Putin

On Friday, the South African President Cyril Ramaphosa stated he had agreed with the Russian leader Vladimir Putin to negotiate a nuclear power agreement in the near future.

Fri, 27 Jul 2018 15:38:40 GMT

SK Hynix seeks $1.6B share buy-back, new chip factory

SK Hynix is planning a $1.6B share buy-back, seeking to invest $3.1B to establish new semiconductor factory in South Korea, boosting the DRAM memory chipmaker shares up 3.5%.

Fri, 27 Jul 2018 15:33:53 GMT

Intel shares fall on fears over AMD data centre chip challenge

On Friday, shares in Intel dropped 9% amid fears that Advance Micro Devices might be chiseling off the market share from the high-margin data centre business.

Fri, 27 Jul 2018 14:39:53 GMT

Amazon shares beats estimates as profit hits $2B for first time

Shares in Amazon.com surged 4%, hitting the record-high, as the online retailing titan's Q2 profit topped $2.0B for the first time.

Fri, 27 Jul 2018 14:36:26 GMT

Enel seeks discussing EF Solare stake sale to F2i

Italy's largest utility Enel is seeking to negotiate the stake sale in EF Solare, the solar joint venture, to its partner F2i, sources reported on Friday.

Fri, 27 Jul 2018 13:32:16 GMT

Facebook's Zuckerberg loses over $15B in record fall

Facebook's CEO Mark Zuckerberg loses over $15B on Thursday, after the social media firm had suffered the largest one-day wipe-out in the US stock market history.

Fri, 27 Jul 2018 13:17:33 GMT

Germany seeks to protect key firms from China investors

Germany is accelerating its efforts to protect its key companies from the Chinese investors by acquiring a stake in the high-voltage energy network operator and seeking to veto the machine-tooling business sale.

Fri, 27 Jul 2018 12:11:43 GMT

Thomson Reuters F&R arm to change name after Blackstone deal

Thomson Reuters's Financial and Risk division is set to be renamed Refinitiv after the US private equity group Blackstone acquires a controlling stake in the unit.

Fri, 27 Jul 2018 12:11:34 GMT

Hillhouse in negotiations to acquire Yum China Holdings

According to the Information news outlet, the Chinese firm Hillhouse Capital Group has entered talks over a potential purchase of Yum China Holdings, KFC restaurants' operator in the country.

Fri, 27 Jul 2018 11:13:58 GMT

Naspers looks at New York, HK listing of some e-commerce arms

South African firm Naspers is thinking over listing some of the e-commerce ventures in New York and Hong Kong, as it seeks to narrow a discount between its Tencent stake and market value.

Fri, 27 Jul 2018 11:11:43 GMT

Hyatt raises interest in Spain's bid for NH Hotel Group

Hyatt Hotels, the US global hospitality firm, has expressed its interest in the Spanish bid target NH Hotel group, escalating a takeover fight with Thailand's Minor International.

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