News

Wed, 24 Oct 2018 09:39:25 GMT

Handelsbanken to phase out 1.6K jobs amid Q3 profit results

Sweden's Handelsbanken is set to cut about 1.6K jobs in the following four years after reporting its Q3 operating profit was little above the expectations.

Wed, 24 Oct 2018 09:34:50 GMT

Geely, Daimler to form mobility service JV

On Wednesday, Germany's automaker Daimler announced it would establish a premium ride-sharing service joint venture with China's Geely Group.

Wed, 24 Oct 2018 08:36:40 GMT

Rosneft and Eni plans to freeze Barents Sea projects

Italy's Eni and Russia's Rosneft are in talks over terms to freeze their joint Barents Sea hydrocarbon projects due to the US sanctions, according to Interfax.

Wed, 24 Oct 2018 08:34:30 GMT

Barclays posts better-than-expected Q3 profits forecast

On Wednesday, UK bank Barclays reported higher-than-expected Q3 profit forecasts and revenues, despite the investment bank costs.

Wed, 24 Oct 2018 04:50:29 GMT

China approves $100B fixed assets investments projects

On Thursday, the state planner of China claimed that it has approved $100B fixed assets investment projects for a period from January 2019 to September 2019.

Wed, 24 Oct 2018 04:50:08 GMT

Ecuador will no intervene with British authorities over Assange

On Tuesday, the Foreign Minister of Ecuador Jose Valencia claimed that Ecuador will no longer intervene with the UK over the founder of WikiLeaks Julian Assange.

Wed, 24 Oct 2018 04:35:47 GMT

China signs trade memorandum with Palestine

On Wednesday, the Commerce Ministry of China claimed that a free trade memorandum of understanding has been signed between China and Palestine.

Wed, 24 Oct 2018 03:20:51 GMT

CityFibre to invest $3.25B in full-fiber for British homes

CityFibre, the UK roadband operator, stated that it would spend $3.25B on rolling out fibre networks in 37 cities, offering ultra-fast connections to more that 5M homes.

Wed, 24 Oct 2018 03:18:19 GMT

Japan manufacturing grows in October on bounce in export orders

Japan's manufacturing activity rose in October at the fastest pace in six months, as export orders returned to expansion, a preliminary survey revealed.

Wed, 24 Oct 2018 02:31:08 GMT

Union Pacific set to cut 475 positions

Railroad operator Union Pacific stated that it is likely to cut 475 positions in the Q4 and signalled more workforce reduction, seeking to boost profitability by the 2020 end.

Wed, 24 Oct 2018 02:28:08 GMT

LG Display swings to Q3 profit over seasonal price increase

South Korea's LG Display posted a 76% fall in profit in the Q3 compared with 2017, after two quarters of consecutive declines, supported by increased seasonal panel prices.

Tue, 23 Oct 2018 19:51:25 GMT

Kraft Heinz plans Indian businesses sale to Zydus

Kraft Heinz is set to sell a part of its Indian businesses, including Complan children's drink brand, to India's drugmaker Zydus Wellness, according to a Bloomberg report published on Tuesday.

Tue, 23 Oct 2018 19:51:17 GMT

Dyson to build electric vehicle in Singapore

The British billionaire James Dyson has selected Singapore over Britain to manufacture his electric vehicle, as he seeks to be closer to the Asian supply chains, customers and highly skilled workforce.

Tue, 23 Oct 2018 18:56:38 GMT

Siemens and Alstom to get EU antitrust warning over rail merger

Alstom and Siemens will face the EU antitrust warning this week over their plans to establish the Franco-German rail champion that might hurt competition in the view of the European Commission.

Tue, 23 Oct 2018 18:55:57 GMT

Thyssenkrupp picks investment banks as advisors on split

Thyssenkrupp stated on Tuesday it had hired the investment banks, such as Deutsche Bank, Goldman Sachs and JP Morgan, as advisors on the German conglomerate's future split of the capital goods business.

Tue, 23 Oct 2018 17:58:22 GMT

Chilean Court postpones hearing into SQM-Tianqi sale

Chile's Constitutional Court has delayed its decision making on the domestic lithium miner SQM sale to China's company Tianqi until Thursday.

Tue, 23 Oct 2018 17:52:11 GMT

Israeli Defence Minister halts IAI's IPO amid security fears

The Israeli Defence Minister has halted the preparations for the Israel Aerospace Industries' initial public offering, citing security breach concerns, according to the local business newspaper Globes.

Tue, 23 Oct 2018 16:52:52 GMT

Generali acquires Poland's Union Investment TFI

The Italian top insurer Generali has acquired Union Investment TFI, the Polish asset manager, as it seeks to bolster its position in the Eastern and Central Europe.

Tue, 23 Oct 2018 16:52:12 GMT

Helios & Matheson to establish MoviaPass as separate firm

On Tuesday, Helios and Matheson Analytics stated it would spin off MoviePass, its theatre and film subscription service, into the separate public firm.

Tue, 23 Oct 2018 15:50:49 GMT

Providence Service thinks over selling itself

The US non-emergency medical transportation services' biggest operator Providence Service is considering a sale after raising the private equity firms' interest, sending its shares up 7% to $69.01 on Monday.

Tue, 23 Oct 2018 15:50:13 GMT

Harris Associates acquires Thyssenkrupp's 3.08% stake

The US fund manager Harris Associates has bought a 3.08% stake in Thyssenkrupp, as Germany's conglomerate struggles to restructure itself due to activist pressure.

Tue, 23 Oct 2018 14:50:41 GMT

British firm O2 postpones IPO amid Brexit uncertainty

Britain's mobile operator O2, owned by the Spanish group Telefonica, has delayed its planned $13B initial public offering, citing the Brexit uncertainty, according to the Press Association.

Tue, 23 Oct 2018 14:48:44 GMT

Freudenberg selects investments banks for Vibracoustic IPO

Germany's technology company Freudenberg has hired investment banks, such as Morgan Stanley and JP Morgan, to lead its initial public offering of the Vibracoustic unit, scheduled for the next year.

Tue, 23 Oct 2018 14:32:02 GMT

SoftBank head Son cancels his speech at Saudi conference

SoftBank Group's CEO Masayoshi Son has cancelled his speech at the Saudi investment conference scheduled for this week, after his $93B Vision Fund had drawn about half of money from the kingdom.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.