News

Thu, 20 Dec 2018 16:30:53 GMT

Apple to reap some iPhones from Germany's stores

Apple stated it is likely to pull some iPhones from stores in Germany after the court ruled that Apple infringed Qualcomm's hardware patent and banned sales of iPhone with chips from Qorvo.

Thu, 20 Dec 2018 16:26:17 GMT

Walgreens aim to save $1B annually

Walgreens Boots Alliance stated that it is likely to consolidate warehouses and close some stores within a cost-cutting plan, in a bid to save more than $1B annually.

Thu, 20 Dec 2018 15:14:00 GMT

Airbus share prices continue to decline

The share prices of Airbus continued to decline on Thursday, as it was revealed that US authorities have joined the corruption investigation that is being conducted by British and French officials.

Thu, 20 Dec 2018 15:13:54 GMT

Altria will buy stake in Juul

The makers of Marlboro cigarettes Altria Group announced on Thursday that they will buy a minority stake in the e-cigarette company Juul for $12.8 billion.

Thu, 20 Dec 2018 13:44:08 GMT

Embraer will pay out extraordinary dividends

On Thursday, the Brazilian plane manufacturer Embraer SA announced that the company intends to distribute nearly $1.7 billion USD in dividends.

Thu, 20 Dec 2018 13:44:01 GMT

Republican Party grows frustrated with head of SEC

A report published on Thursday revealed that the US Republican Party is disappointed in the work of the US Securities and Exchange Commission head Jay Clayton, who was appointed by Donald Trump.

Thu, 20 Dec 2018 12:51:11 GMT

Drones halt Gatwick airport flights

Airplane passengers are set to face another 24 hour delay at London's Gatwick airport due to disruptions caused by drones flying over the airport.

Thu, 20 Dec 2018 12:50:15 GMT

Futures move higher prior to US market opening

On Thursday, prior to the US stock markets opening stock futures increased. The main reason for the surge was a pullback after the sharp previous session's decline.

Thu, 20 Dec 2018 11:59:27 GMT

US to present figures over tariffs impact in mid-January

The US Commerce Department is set to present new calculations over the impact, which tariffs on foreign vehicles would have on the US market in the four-weeks period.

Thu, 20 Dec 2018 11:13:15 GMT

Sony Pictures, NBCUniversal, Sky, Warner Bros offer EU concessions

Sony Pictures, NBCUniversal, Sky, Warner Bros offered to close anti-competitive movie licensing agreements, aiming to end the antitrust investigation, regulators stated on Thursday.

Thu, 20 Dec 2018 11:09:15 GMT

Hyundai to open EV plant in Indonesia

Hyundai Motor is set to start producing EVs in Indonesia within an around $880M auto investment in the country, the Industry Deputy Minister stated.

Thu, 20 Dec 2018 11:07:12 GMT

Embraer to distribute $1.6-1.7B in extraordinary dividends

Brazil's planemaker Embraer SA announced plans to distribute $1.6B to $1.7B in extraordinary dividends, using proceeds from the recent deal with Boeing.

Thu, 20 Dec 2018 10:22:09 GMT

US imposes new sanctions against Russians

On Wednesday, the US Department of Treasury included 18 Russian citizens and four companies into sanctions list, saying they tried to affect American elections that happened two years ago.

Thu, 20 Dec 2018 10:14:16 GMT

Volvo prepares for no-deal Brexit

According to sources familiar with the matter, Swedish car maker Volvo is trying to find alternative supply chains in an attempt to minimize risks in case of Britain's withdrawal from the European Union without a deal

Thu, 20 Dec 2018 09:31:56 GMT

Japanese politicians keep optimism on economy

The Cabinet Office stated on Thursday that the Japanese government continued to keep optimistic outlook for the growth of country's economy in December despite risks posed by escalating trade tensions between the US and China.

Thu, 20 Dec 2018 09:23:13 GMT

German salaries rise 1.5% in Q3

According to report published by the Statistics Office, actual salary of German workers in Q3 increased by 1.5%, thus showing the fastest temp of growth in two years.

Thu, 20 Dec 2018 07:57:48 GMT

Di Maio says Italy's government to press ahead

On Thursday, the Italian Deputy Prime Minister Luigi Di Maio said that there would not be a cabinet reshuffle, and the ruling coalition would move on with its job.

Thu, 20 Dec 2018 07:57:39 GMT

Canada's Bombardier to deliver Global 7500 first corporate jet

On Thursday, Bombardier Inc's would deliver its first Global 7500 jet, as the company is set to compete with the US planemaker Gulfstream.

Thu, 20 Dec 2018 07:19:49 GMT

Conte not ready to give up his job

On Thursday, the Italian Prime Minister Giuseppe Conte said that he is not ready to step aside for Matteo Salvini, the Deputy Prime Minister after the European Union Election in May.

Thu, 20 Dec 2018 07:18:13 GMT

French Minister says door is open for second Brexit referendum

On Thursday, Nathalie Loiseau, the French European Affairs Minister, said that the door is wide open for Britons to have a second Brexit referendum.

Thu, 20 Dec 2018 06:34:01 GMT

NZ's economic expansion falls to five-year low in Q3

Economic expansion in New Zealand slipped to its weakest pace in almost five years in the Q3, with the farm business and manufacturing taking a talk that the RZBN could put interest rate cuts back on the table in 2019.

Thu, 20 Dec 2018 06:29:40 GMT

France's state railway to cut more than 2K jobs next year

France's SNCF state railway is set to cut 2.9K jobs in 2019 under the budget plan, officials with the CFDT and CFDT unions stated.

Thu, 20 Dec 2018 05:14:24 GMT

Renault, Nissan bosses meet in Amsterdam

Nissan CEO Hiroto Saikawa held a meeting with the acting boss of Renault in Amsterdam, which led to "productive" and "positive" talks, the automaker stated.

Thu, 20 Dec 2018 05:08:54 GMT

South Korea's household debt ratio increases, financial system remains stable

The financial system of South Korea was stable, though efforts to diminish household debt would continue, as debts was growing more rapidly than income, the Central Bank stated.

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