News

Sat, 24 Nov 2018 05:01:50 GMT

Taiwan holds local elections

On Saturday, thousands of Taiwanese went to polling stations to give their vote in local elections, which experts viewed as a test for pro-independence govering party ahead of presidential elections.

Sat, 24 Nov 2018 03:56:05 GMT

Logitech considers acquiring headphone maker Plantronics

The Swiss manufacturer of webcams and keyboards, Logitech International, is in talks to acquire the US producer of the gaming headsets and Bluetooth earpieces, Plantronics, in a potential deal worth over $2.2B.

Sat, 24 Nov 2018 03:55:07 GMT

Vauxhall to shed extra jobs from Ellesmere Port plant

PSA's British firm Vauxhall is planning to cut additional 241 job positions at the Ellesmere Port car factory amid its latest reductions at the site, aggravating union concerns about the plant future.

Sat, 24 Nov 2018 02:53:38 GMT

Flybe negotiates possible sale to Virgin Atlantics

Flybe Group has entered talks with Virgin Atlantics over a potential sale, the UK regional airline stated, as it is facing higher fuel costs, falling demand and weak British pound.

Sat, 24 Nov 2018 02:53:26 GMT

JPMorgan, Citigroup to pay $182.5M in rate-rigging lawsuit settlement

JPMorgan Chase & Co and Citigroup are set to pay $182.5M to settle the US investor court proceeding claiming the banks had violated anti-trust legislation by conspiring with banks to rig the key EU interest rate benchmark.

Fri, 23 Nov 2018 21:24:30 GMT

A10 Networks considers possible sale

The US technology firm A10 Networks is thinking over various options, including the company's possible sale, four years after it became publicly traded, sources with the knowledge on the issue reported.

Fri, 23 Nov 2018 21:19:48 GMT

German carmakers, US officials prepare for meeting at White House

The German carmakers and the US officials are getting ready for the meeting of Daimler, BMW and Volkswagen with Trump's Administration within the coming weeks, according to sources familiar with the matter.

Fri, 23 Nov 2018 20:01:45 GMT

Tensions heighten at Mexico-US border

Tensions have increased at the US-Mexico border, as hundreds of migrants massed around the United States border crossing.

Fri, 23 Nov 2018 20:01:27 GMT

US House to investigate Trump's business ties to Saudi Arabia

According to a report, published by Washington Post on Friday, Democrats on the US House intelligence committee would probe the US President Donald Trump response to the killing of Jamal Khashoggi.

Fri, 23 Nov 2018 19:05:07 GMT

Russia to tighten data protection law

On Friday, Russia's Communications Ministry has drafted a legislation that would tighten data protection, amid intelligence leaks.

Fri, 23 Nov 2018 19:04:48 GMT

UTC receives Chinese regulatory approval for Rockwell Collins purchase

On Friday, United Technologies Corp received approval from Chinese regulators for its purchase of Rockwell Collins worth of $30 billion.

Fri, 23 Nov 2018 18:14:25 GMT

Wall Street declines on Friday

On Friday, US shares edged lower, as crude oil prices fell to its lowest level in more than a year, pulling down energy shares.

Fri, 23 Nov 2018 18:14:14 GMT

Oil prices slump by 6% despite possible OPEC cut

On Friday, oil prices plunged by more than 6%, as fears that oversupply would outgrow demand, even as OPEC considered cut.

Fri, 23 Nov 2018 17:15:03 GMT

Iran detains Saudi Arabian fishing boat and arrests crew

On Friday, the Iranian Revolutionary Guards seized a Saudi Arabian fishing boat and arrested its crew members.

Fri, 23 Nov 2018 17:14:12 GMT

US shoppers hunt for Black Friday deals

On Friday, the US consumers formed a long queue at store counters to shop for Black Friday deals on electronics and clothing.

Fri, 23 Nov 2018 15:58:43 GMT

Teddy Sagi launches stake sale in gambling software firm

Teddy Sagi, Playtech's founder, sold about 15.2M shares in the gambling software firm worth nearly $87.2M, Globe Invest announced on Friday.

Fri, 23 Nov 2018 15:55:29 GMT

HSBC UK try to quickly fix its online mobile app

HSBC UK stated it was trying to fix its mobile application as soon as possible following customers' complaints over disruptions with logging onto the banking app.

Fri, 23 Nov 2018 15:37:28 GMT

Meituan Dianping's shares drop on rising costs

On Friday, China's Meituan Dianpig shares tumbled as much as 14.4% after the company reported a wide Q3 operating loss due to a costly race with competitors, such as Alibaba's Ele.me.

Fri, 23 Nov 2018 14:25:07 GMT

Amazon workers stage strikes in Spain, Germany on Black Friday

On Friday, workers at Amazon's logistic centres in Spain and Germany have launched protests on Black Friday by walking off their jobs; however, the strikes had no impact on customer orders due to the majority of employees who continued working.

Fri, 23 Nov 2018 14:14:55 GMT

Mazda recalls nearly 62,6K vehicles in Russia

On Friday, the Russian standard agency reported that Mazda was set to recall 62,357 vehicles sold in the time period of May 2006 to November 2014, due to a potential airbag issue.

Fri, 23 Nov 2018 13:06:12 GMT

Ethiopian Airlines speeds up hunt for African routes

Ethiopian Airlines is speeding up its hunt strategy for new Africa's connections to get control of traffic on the African continent, the carrier announced on Friday.

Fri, 23 Nov 2018 12:49:10 GMT

Volvo Cars postpones Lynk & Co vehicle production in Belgium

Volvo Cars has postponed its initial plans to build Lynk & Co vehicles at the Belgium plant in late 2019 amid increased macro-economic uncertainty, the carmaker's spokesman stated on Friday.

Fri, 23 Nov 2018 12:28:17 GMT

Renault's Interim Deputy head vows to protect Nissan alliance

Renault's Interim Deputy CEO vowed on Friday he would protect the automaker's interest in the Nissan Motor alliance, after Carlos Ghosn had been ousted as Nissan's chairman amid financial misconduct allegations.

Fri, 23 Nov 2018 11:10:57 GMT

EU officials open investigation into airline bookings

The officials of the European Union have begun an investigation into possible breaching of antitrust rules by Amadeus flight booking systems.

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