News

Fri, 21 Sep 2018 03:39:52 GMT

Japan's inflation ticks up, but BoJ target still elusive

Japan's core consumer inflation ticked up slightly in August, though remained distant from the Bank of Japan's 2% target, suggesting that monetary policy would stay ultra-loose.

Fri, 21 Sep 2018 03:37:23 GMT

Japan's Abe, Trump to meet on September 26

Shinzo Abe, the Japanese Prime Minister, and the US President Donald Trump are expected to hold a summit meeting on September 26, Japan's top government spokesman stated.

Fri, 21 Sep 2018 02:33:35 GMT

Adobe to buy Marketo for $4.75B

Adobe Systems agreed to buy Marketo for $4.75B from private equity company Vista Equity Partners, adding weight to the cloud-based digital marketing business.

Fri, 21 Sep 2018 02:30:41 GMT

Uber considers buying Deliveroo

Ride-hailing firm Uber Technologies was in early negotiations to buy food delivery business Deliveroo, Bloomberg reported, citing sources familiar with the matter.

Thu, 20 Sep 2018 20:00:52 GMT

Vodafone to unveil 1,000 5G networks in UK by 2020

On Thursday, Vodafone said it would unveil about 1,000 5G enabled networks in the UK by 2020.

Thu, 20 Sep 2018 19:59:51 GMT

Hong Kong`s cardinal calls for Vatican foreign minister to quit

On Thursday, the cardinal of Hong Kong said that any deal with Beijing would result in a betrayal of Catholic faith and called for Pope's secretary of state to resign.

Thu, 20 Sep 2018 19:02:23 GMT

Kavanaugh accuser faces Friday`s deadline to decide whether to testify

The woman who accused President's Donald Trump Supreme Court nominee, Brett Kavanaugh of sexual misconduct, faced Friday`s deadline to decide if to testify before a Senate panel.

Thu, 20 Sep 2018 18:07:58 GMT

French and British jets struggle to shadow Russian planes

On Thursday, French and British fighter jets struggled to probe suspected Russian military plane, flying over the North Sea.

Thu, 20 Sep 2018 18:07:40 GMT

Argentine Peso surges on IMF talks

On Thursday, the Argentine Peso increased by 3.2% after the country reached a new standby financing deal with the International Monetary Fund.

Thu, 20 Sep 2018 17:07:34 GMT

EU leaders push for Brexit deal in October

On Thursday, the European Union leaders said that they would push for a Brexit agreement in October.

Thu, 20 Sep 2018 17:07:14 GMT

Fed: US municipal bond market increases to $3.853T in Q2

On Thursday, the Federal Reserve report showed that the US municipal bond market has increased to $3.853 trillion in the Q2.

Thu, 20 Sep 2018 16:22:37 GMT

Elanco surges 36% in IPO debut

Shares of Elanco Animal Health climbed 36% in the company's stock market debut, indicating investors' enthusiasm for the rapidly-growing pet healthcare market.

Thu, 20 Sep 2018 16:17:41 GMT

US household net worth nearly $107T in Q2

The US households added almost $2.2T to their wealth in the three-month period to June this year, totalling $106.9T in the Q2, the Fed report showed.

Thu, 20 Sep 2018 15:05:40 GMT

Panasonic and Inmarsat team up over in-flight broadband

Japan's Panasonic and Britain's Inmarsat has tied up to provide an in-flight broadband for the commercial airlines, a feature that allows passengers to use Internet during their flights.

Thu, 20 Sep 2018 15:04:24 GMT

Samsung to cut memory chip growth in anticipated demand slump

Samsung Electronics is set to reduce its memory chip growth in 2019, seeking to keep its supplies tight due to an anticipated slowdown in demand, Bloomberg's report showed on Thursday.

Thu, 20 Sep 2018 14:32:01 GMT

US car safety agency awards five-star rating to Tesla's Model 3

Tesla's Model 3 car has been awarded a 5-star rating from the US car safety agency NHTSA, as the luxury sedan had no complaints, recalls or probes.

Thu, 20 Sep 2018 14:23:10 GMT

US initial jobless claims drop 3K last week

The number of applications for US unemployment benefits dropped to 201K for a third week in a row and in the week ending September 15, while analysts anticipated a surge to 210K.

Thu, 20 Sep 2018 13:38:54 GMT

Boeing and VSMPO-Avisma launch new JV in Russia

The largest titanium producer in the world VSMPO-Avisma and the US planemaker Boeing launched a new titanium joint venture in Russia's Sverdlovsk, according to the local government's report.

Thu, 20 Sep 2018 13:35:03 GMT

Rocket Internet prepares Jumia shopping platform for IPO

Rocket Internet, the German start-up investor, is preparing the African online shopping service Jumia for a potential IPO in New York in the next year's first quarter that could value the company at $1.0B.

Thu, 20 Sep 2018 12:39:11 GMT

Under Armour phases out 400 more jobs

Under Armour, the US sportswear maker, is set to cut 400 more jobs, which is 3% of the company's global workforce, in a turnaround push to reduce costs.

Thu, 20 Sep 2018 12:37:05 GMT

Lloyds Bank to set up third EU unit in Luxembourg

Lloyds Banking Group is planning to locate its third EU subsidiary in Luxembourg, as it aims to serve its customers the longstanding life insurance after the Brexit process will be completed.

Thu, 20 Sep 2018 10:53:45 GMT

Lime launches expansion to dozens of EU and North American cities

The bike and scooter-rental firm Lime to launch its expansion to dozens more European and North American cities this year, planning to start operating in Florida and Austria's Vienna as soon as the next week.

Thu, 20 Sep 2018 10:48:08 GMT

Goldman Sachs in talks over its fintech app sale

Goldman Sachs has launched talks with a few financial firms to spin off its fintech app Simon that is selling financial products to the retail investors.

Thu, 20 Sep 2018 09:51:56 GMT

EU approves McDonald's and Luxembourg tax deal

The authorities of the European Union have announced that the tax optimization deal made between McDonalds and Luxembourg is not illegal.

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