News

Sat, 01 Feb 2020 13:35:54 GMT

Johnson wants to check EU goods

The British Prime Minister Boris Johnson stated on Saturday that he wanted to return full border and customs checks on goods coming from the European Union.

Sat, 01 Feb 2020 12:37:00 GMT

Malaysia investigate UK's SFO claim

The Malaysian Anti-Corruption Commission stated on Saturday that it would examine a claim made by the UK Serious Fraud Office (SFO) regarding graft between Airbus and AirAsia.

Sat, 01 Feb 2020 11:38:23 GMT

PG&E shows new bankruptcy plan

The US power producer PG&E presented on Friday evening a new version of its bankruptcy plan that pressuposes inter alia a new board of directors.

Sat, 01 Feb 2020 10:24:48 GMT

India takes action to stimulate growth

The Indian government stated on Saturday that it would devote $40B on agriculture and infrastructure support in an attempt to overcome biggest economic deceleration in a decade.

Sat, 01 Feb 2020 09:26:50 GMT

Apple to stop activities in China

Apple Inc made a decision on Saturday to temporary close all its offices and stores in mainland China amid the outbreak of coronavirus.

Sat, 01 Feb 2020 07:55:45 GMT

Bayer AG tries to settle Roundup lawsuits

According to a source with knowledge of the matter, Bayer AG is in talks to potentially settle the company's Roundup weedkiller lawsuit in the United States.

Sat, 01 Feb 2020 06:52:24 GMT

US booking flights to Brazil surges 39%

According to Brazil's official tourism agency, the number of US citizens travelling to Brazil has surged by 39% since the Brazilian President Jair Bolsonaro eliminated tourist visa for U.S. nationals.

Sat, 01 Feb 2020 05:50:56 GMT

Airbus agrees to pay $4B fine to settle bribery lawsuit

France's prosecutors announced on Friday that Airbus has agreed to pay UK's Serious Fraud Office and its French and American counterparts $4B to settle a bribery case.

Sat, 01 Feb 2020 04:42:24 GMT

US Treasury to lift sanctions on COSCO Shipping Tanker

According to a US official, the US Treasury has lifted sanctions the Chinese COSCO shipping Tanker, which the United States accused of transporting Iran's crude oil.

Fri, 31 Jan 2020 20:54:38 GMT

Stroll and investors rescue Aston Martin

A consortium, led by Canada's billionaire Lawrence Stroll, and the Italian and Kuwaiti private equity groups have agreed to invest 500 million Pounds into the British carmaker, Aston Martin.

Fri, 31 Jan 2020 19:59:10 GMT

Bayer AG tries to settle Roundup lawsuits

According to a source with knowledge of the matter, Bayer AG is in talks to potentially settle the company's Roundup weedkiller lawsuit in the United States.

Fri, 31 Jan 2020 18:58:40 GMT

Exxon Q4 profit declines

Shares of Exxon Mobil edged lower by 3% to $62.86 in early trading on Friday after the company announced a 5.2% decline in Q4 profit.

Fri, 31 Jan 2020 17:59:39 GMT

President Macron to address nation on Brexit

On Friday, the President of France Emmanuel Macron plans to address the French people on the UK exit from the European Union.

Fri, 31 Jan 2020 17:12:47 GMT

UK officially exits from EU

The United Kingdom will officially exit from the European Union at 23:00 GMT on Friday, ending its 47 years membership of the world's largest trading bloc.

Fri, 31 Jan 2020 17:00:07 GMT

President Macron to address nation on Brexit

The President of France Emmanuel Macron plans to address the French people on Friday at 17:15 GMT, on UK's exit from the European Union.

Fri, 31 Jan 2020 15:45:59 GMT

Orange picks Nokia, Ericsson for 5G deploy

The French largest telecoms company Orange announced it had selected Nokia and Ericsson its 5G network deployment in France, as Huawei Technologies is facing tough political scrutiny in Europe.

Fri, 31 Jan 2020 15:05:36 GMT

Brazilian jobless rate reaches low level

On Friday, Brazilian statisticians revealed that the country's jobless rate has declined to 11%, which is the lowest in almost four years.

Fri, 31 Jan 2020 13:42:36 GMT

Exxon Mobil profits fall

Exxon Mobil reported quarterly profits on Friday and revealed that the company has experienced a 5.2% profit decline.

Fri, 31 Jan 2020 12:47:56 GMT

UK leaves European Union

On Friday, the United Kingdom was set to officially leave the European Union. The event did not appear to cause a financial market reaction, as volatility remained stable.

Fri, 31 Jan 2020 11:54:18 GMT

UPS acquires 10K electric delivery vans

United Parcel Service is expanding its efforts to trim delivery costs and emissions by ordering 10K of electric trucks from Britain's Arrival and a test-launch of Waymo's self-driving cars to carry packages.

Fri, 31 Jan 2020 10:41:12 GMT

Nintendo has no plans to launch new Switch model in 2020

On Friday, Nintendo Co's CEO Shuntaro Furukawa stated the gaming firm would not launch a new Switch model in 2020, dispelling rumours that it had plans to upgrade the hit-device version.

Fri, 31 Jan 2020 10:15:58 GMT

Facebook shares drop on slowest growth in years

Shares of Facebook plunged 7% on a report by the social media giant about the slowest quarterly growth in years, tumbled by higher expenses and expected stagnant growth.

Fri, 31 Jan 2020 08:41:58 GMT

MTN Group plans $1.6B investment in Nigeria

MTN Group, the telecommunications company, announced a $1.6B investment in Nigeria, following a resolution of a legal case with Nigeria's government.

Fri, 31 Jan 2020 07:50:23 GMT

Avast to halt Jumpshot amid data privacy row

Avast, the UK cybersecurity company, will halt the Jumpshot analytics business due to the data privacy scandal, putting hundreds of job positions at risk and deepening a fall in its shares.

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