News

Mon, 22 Oct 2018 13:15:23 GMT

Malaysia's Petronas takes 10% stake in Al Khazzan gas field

Malaysia's Petronas subsidiary PC Oman Ventures is planning to purchase a 10% stake in Oman's gas field Al Khazzan, saying that further information of the deal would be provided as soon as possible.

Mon, 22 Oct 2018 11:54:44 GMT

Goldman Sachs chosen to lead CrowdStrike IPO

CrowdStrike, the cybersecurity software developer, has selected Goldman Sachs Group to lead its initial public offering, planned to be launched in the next year's first half.

Mon, 22 Oct 2018 11:54:11 GMT

WorleyParsons to acquire Jacobs' energy unit in $3.3B

Australia's engineering services company WorleyParsons is set to acquire the chemicals, resources and energy business from the US group Jacobs Engineering in a deal valued at $3.3B.

Mon, 22 Oct 2018 11:33:20 GMT

Sony offers no concessions to EU antitrust regulators on EMI bid

Sony Corp has made no concessions to the EU antitrust regulators in its EMI music bid worth $2.3B, as the company seeks to become the largest music publisher in the world.

Mon, 22 Oct 2018 11:26:51 GMT

Calsonic to acquire Megneti Marelli in $7.1B deal

The Japanese KKR-backed auto parts manufacturer Calsonic Kansei has agreed to acquire Fiat Chrysler's high-tech car parts maker Magneti Marelli in a deal worth $7.1B.

Mon, 22 Oct 2018 10:16:44 GMT

Kazatomprom confirms depository receipts listing in London's IPO

Kazatomprom, the world's largest uranium miner, has confirmed this Monday its plans to launch the initial public offering on the London, seeking to list its global depository receipts.

Mon, 22 Oct 2018 10:10:30 GMT

Blackstone to acquire Ulterra in $700M deal

Blackstone Group is set to acquire the oil and gas services firm Ulterra Drilling Technologies in a deal valued at about $700M, sources with the knowledge of the situation reported.

Mon, 22 Oct 2018 09:09:38 GMT

Philips shares fall due to weak core profit results

Shares of Philips, the Dutch healthcare technology firm, plunged as much as 6.3% to €32.55 on Monday, as the company missed forecasts for its Q3 core earnings.

Mon, 22 Oct 2018 09:04:35 GMT

Ryanair plans to conclude labour unit issues by Christmas

On Monday, Ryanair stated it was expecting the union labour issues to be concluded by Christmas that could end flight disruptions, which had a negative impact on the company's shares.

Mon, 22 Oct 2018 08:24:00 GMT

China condemns US withdrawal from INF Treaty

The Foreign Ministry Spokeswoman Hua Chunying said on Monday that China condemns decision of the US government to unilaterally withdraw from the Intermediate-Range Nuclear Forces (INF) Treaty.

Mon, 22 Oct 2018 08:14:42 GMT

Saudi promises to distinguish oil from politics

The Energy Minister of Saudi Arabia Khalid al-Falih stated on Monday that the government has no desire to impose 1970s-like embargo on Western partners and promised to do everything to separate oil supplies from politics.

Mon, 22 Oct 2018 07:33:18 GMT

Japan asks Facebook to improve data security

On Monday, the Japan's Personal Information Protection Commission issued a report based on results of investigation of the Cambridge Analytica case, in which it asked Facebook to improve protection of users' personal data.

Mon, 22 Oct 2018 07:29:59 GMT

Austria urges Italy to modify its budget

On Monday, the Austrian Chancellor Sebastian Kurz called the European Commission not to accept Italy's 2019 budget project, as other countries are not ready to share the burden of its debt.

Mon, 22 Oct 2018 02:52:04 GMT

China's banking regulator: risks are fully controllable

On Monday, China Securities Journal reported that the insurance and banking regulator of China claimed that country's financial risks are under control of the ruling body. 

Mon, 22 Oct 2018 02:51:48 GMT

US fintech startup Marqeta launches in Europe

On Sunday, US-based startup Marqeta, backed by Visa Inc and Goldman Sachs Group Inc, helping small companies to issue payment cards, has launched in Europe locating its European office in London.

Mon, 22 Oct 2018 02:39:05 GMT

Bombardier sues Mitsubishi because of trade secrets leak

On Sunday, Canadian plane maker Bombardier claimed that it has sued the aircraft division of the Japanese Mitsubishi Heavy Industries Ltd because of the trade secrets leak which helped Mitsubishi to develop its jet.

Mon, 22 Oct 2018 02:35:24 GMT

CBS interim chairman resigns because of health issues

On Sunday, CBS Corp claimed that its interim chairman Richard Parsons resigned from his post because of the health issues after one month of joining the board.

Sun, 21 Oct 2018 20:26:55 GMT

Russian officials criticize US withdrawal from INF Treaty

Several Russian officials, including the Deputy Foreign Minister Sergei Ryabkov, criticized on Saturday the US withdrawal from the Intermediate-Range Nuclear Forces (INF) Treaty, saying that international community would condemn this decision.

Sun, 21 Oct 2018 20:20:27 GMT

Bolsonaro to use army for street patrols

The Brazilian presidential frontrunner Jair Bolsonaro stated on Sunday that if the Congress allowed he would use military for street patrols, because the country is "at war".

Sun, 21 Oct 2018 19:26:05 GMT

Turkey to share whole truth about Khashoggi's murder

The President of Turkey Recep Tayyip Erdogan stated on Sunday that this Tuesday Turkey will present the world the whole truth about the murder of Jamal Khashoggi in Saudi Arabia consulate in Istanbul.

Sun, 21 Oct 2018 19:21:30 GMT

Bombardier files claim against Mitsubishi

Canadian plane producer Bombardier has filed a lawsuit against the aviation unit of Mitsubishi Heavy Industries, claiming that a number of Bombardier's ex-employees disclosed trade secrets to help the latter with its regional jet project.

Sun, 21 Oct 2018 18:07:41 GMT

Merkel temporary prohibits any arms sales to Saudi

The German Chancellor Angela Merkel stated on Sunday that there would be no weapon sales to Saudi Arabia until the end of investigation of Jamal Khashoggi death.

Sun, 21 Oct 2018 18:05:30 GMT

Italy anticipates EU decision on its budget

According to a source familiar with the matter, this Tuesday for the first time in history the European Commission would ask the Member State's government to amend its draft budget.

Sun, 21 Oct 2018 17:09:03 GMT

Saudi still collect information on Khashoggi death

The Foreign Minister of Saudi Arabia Adel al-Jubeir stated on Sunday that the country's officials did not possess enough information to say with confidence how Jamal Khashoggi was assassinated.

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