News

Wed, 31 Oct 2018 18:58:38 GMT

May's spokesperson declines to comment on November 21 Brexit deal date

On Wednesday, the UK Prime Minister Theresa May's spokesperson declined to comment whether a Brexit deal would be reached by November 21.

Wed, 31 Oct 2018 17:59:16 GMT

Raab says Brexit deal to be finalised by November 21

On Wednesday, UK's Brexit Secretary Dominic Raab said that a Brexit deal would be finalised by November 21.

Wed, 31 Oct 2018 17:59:01 GMT

Thousands of migrants depart El Salvador's Capital for US

On Wednesday, more than 2000 migrants departed the Salvadoran capital en-route to the United States, as the US President Donald Trump increased pressure to stop the flow of people.

Wed, 31 Oct 2018 17:02:41 GMT

Airbus struggles to meet jet delivery target

On Wednesday, the European planemaker Airbus announced plans to reduce its jet delivery goal, after series of industrial problems.

Wed, 31 Oct 2018 17:01:00 GMT

Airbus in talks with Emirates and HNA over delivery problems

Airbus is in talks with Emirates Airline about the delay of undelivered A380 jet airliners, and also faces new problems in delivering A330s jet to HNA group.

Wed, 31 Oct 2018 16:17:00 GMT

Anthem shares surge on Wednesday

On Wednesday, Anthem Inc shares surged by 5%, as the health insurer company reported better-than-expected Q3 profit.

Wed, 31 Oct 2018 16:14:06 GMT

Anthem forecast better earnings for 2019

On Wednesday, Anthem Inc Chief Executive Officer Gail Boudreaux said that the company's predictions for the next year's earnings are better than current Wall Street estimates.

Wed, 31 Oct 2018 15:13:00 GMT

DIW institute: EU migrants have good impact on German economy

The DIW economic institute stated that the EU migrants are good for the German economy, as 5M of them bolstered it by about 0.2% annually since 2011 and that the country should strengthen its efforts to lure more citizens.

Wed, 31 Oct 2018 15:04:13 GMT

Vietcombank gets preliminary approvals to open US office

Vietcombank is set to become the first Vietnam's bank to launch a representative office located in the United States, after gaining preliminary agreements to do so, the bank stated on Wednesday.

Wed, 31 Oct 2018 14:39:43 GMT

Elliott's ASG proposes $10 a share to acquire Mitek

On Wednesday, Elliott Management stated that is portfolio unit ASG had offered $10 for a share in cash to acquire fintech provider Mitek Systems.

Wed, 31 Oct 2018 14:31:25 GMT

PepsiCo acquires nutritional food firm in latest health push

PepsiCo stated on Wednesday it had acquired the nutritional food start-up Health Warrior in its latest health push to target the healthy-eating consumers.

Wed, 31 Oct 2018 13:39:24 GMT

TP ICAP considers acquiring Axiom Commodity Group

The biggest interdealer broker in the world, TP ICAP, entered the advanced negotiations over acquiring the US broker Axiom Commodity Group, sources reported on Wednesday.

Wed, 31 Oct 2018 13:37:16 GMT

GM expects robust full year earnings results amid high demand

On Wednesday, General Motors reported a better-than-expected profit results, saying it would expect robust full year earnings results that should be driven by a high demand in North America.

Wed, 31 Oct 2018 12:38:43 GMT

Quad/Graphics to purchase peer LSC for $1.4B

Quad/Graphics, the printing services company, stated on Wednesday it was planning to acquire the peer LSC Communications in the all-stock deal worth around $1.4B, seeking for expansion in the industry.

Wed, 31 Oct 2018 12:35:39 GMT

Italy's state railway to make offer to acquire Alitalia

Ferrovie dello Stato, the Italian local railways, is set to make a proposal to acquire the national carrier Alitalia's assets, the company at the board meeting.

Wed, 31 Oct 2018 11:39:05 GMT

Whittaker-led consortium has time to bid until mid-November

Intu Properties has given to the John Whittaker-led consortium time until November 15 to present a firm proposal for the shopping centre owner.

Wed, 31 Oct 2018 11:36:19 GMT

India's Tata Steel to keep discussing Thyssenkrupp JV

On Wednesday, Tata Steel stated it would continue negotiating with the EU Commission over the planned joint venture with the German firm Thyssenkrupp.

Wed, 31 Oct 2018 10:16:10 GMT

CME Group gets UK approval to buy NEX Group

The British competition watchdog granted its approval to CME Group's $4.96B deal to acquire NEX Group owned by Michael Spencer.

Wed, 31 Oct 2018 10:11:18 GMT

William Hill makes proposal to acquire Sweden's Green & Co

On Wednesday, the UK betting and gaming company William Hill stated it had made a proposal to acquire the Swedish gaming firm Mr Green & Co for $307.40M, as it seeks to diversify and expand into more EU markets.

Wed, 31 Oct 2018 09:30:28 GMT

L'Oreal shares rise on its Q3 sales results

On Wednesday, shares in L'Oreal surged as much as 5.9% in early trading, after the fashion and cosmetics firm reported higher Q3 sales, with a turnover boosted by the rising demand in Asia.

Wed, 31 Oct 2018 09:29:02 GMT

Siemens plans up to €600M investment in Berlin

On Wednesday, Siemens announced it would invest up to €600M in Berlin, seeking to turn the German capital's part into the technology and industrial hub.

Wed, 31 Oct 2018 08:06:51 GMT

Australia's AMP defends its life insurance unit sale

On Wednesday, AMP, the Australian biggest wealth manager, defended the valuation of the firm's life insurance unit, following the fund manager threats to campaign for board spill over a business sale last week for $2.3B.

Wed, 31 Oct 2018 07:51:12 GMT

Petrobras mights sale extra $20B in assets within next year

Brazil's Petroleo Brasileiro might sale an extra $20B in assets within 2019, indicating that the oil company is planning to keep the robust pace of its divestments, in spite of the recent setbacks.

Wed, 31 Oct 2018 07:39:21 GMT

Newell Brands getting closer to sell Jostens to PE

Newell Brands is getting closer to sell its US producer of memorabilia to the private equity group Platinum Equity for about $1.3B, sources reported.

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