News

Mon, 21 Oct 2019 12:27:44 GMT

EU data regulator concerned over Microsoft contracts

The EDPS, the EU data watchdog, stated on Monday that Microsoft's contracts with the bloc's institutions did not provide complete data protection in line with the European Union's law.

Mon, 21 Oct 2019 11:05:19 GMT

Siemens Gamesa to acquire Senvion assets

Siemens Gamesa, the German-Spanish wind energy firm, has agreed to acquire the selected EU assets from Senvion, the struggling German wind turbine producer, in a deal valued at €200M.

Mon, 21 Oct 2019 09:53:49 GMT

Oil prices drop on growing global demand concerns

On Monday, oil prices plunged 30 cents to $59.12 a barrel on growing concerns over slackening global demand, outweighing the bullish signals from the EU, Reuters reported.

Mon, 21 Oct 2019 09:12:34 GMT

Unizo to continue buyout offer talks with Blackstone

On Monday, Unizo Holdings, the Japanese hotel chain, stated it would continue holding talks with the Blackstone Group, which submitted its buyout offer last week despite previous rejections.

Mon, 21 Oct 2019 07:45:20 GMT

Thomson Reuters looks for new CEO

Thomson Reuters Corp is looking for a new Chief Executive Officer, the successor to Jim Smith, after he oversaw the majority of stake sale in the news agency's financial-data business to Blackstone Group's consortium last year.

Mon, 21 Oct 2019 06:16:18 GMT

SAP announces new partnership with Microsoft

On Monday, a business software giant SAP claimed that it has reached a new three-year partnership with Microsoft on a business enterprise cloud migration. 

Mon, 21 Oct 2019 05:32:24 GMT

China's estate prices increases steady

The National Bureau of Statistics reported on Monday that the prices on newly build residential buildings have increased by 0.5% in September.

Mon, 21 Oct 2019 04:25:55 GMT

Zuckerberg defends its free speech policy

In a speech at Georgetown University the Facebook's Chief Executive Mark Zuckerberg defended the company's approach to free speech and political advertising.

Mon, 21 Oct 2019 03:17:32 GMT

British Pound declines on Monday

On Monday, the Pound Sterling declined from a five-month high against the US Dollar after the UK Parliament blocked a meaningful vote on Brexit deal.

Mon, 21 Oct 2019 03:02:35 GMT

Turkey expects US to keep promises

On Sunday, the President of Turkey Recep Tayyip Erdogan said that he expects the US to abide by its promises and not to stall the Syrian peace deal.

Mon, 21 Oct 2019 02:18:39 GMT

Mulvaney did not offer to resign

Mick Mulvaney, the White House acting Chief of Staff, said on Sunday that he did not offer to quit over the quid pro quo flap.

Sun, 20 Oct 2019 20:26:09 GMT

Thai central bank warns of systemic risk

The head of the Bank of Thailand, Veerathai Santiprabhob, warned on Sunday that the policy of ultra-low interest rates and enormous capital flows represented a systemic risk for emerging economies.

Sun, 20 Oct 2019 19:31:24 GMT

Orange Order to calm down protesters

Mervyn Gibson, the head of Northern Ireland's Orange Order, stated on Sunday that he did not want to see violent protests against Boris Johnson's deal.

Sun, 20 Oct 2019 18:33:02 GMT

EU might delay Brexit until February

According to the Sunday Times, the European leaders agreed to postpone Brexit until February in case Boris Johnson fail to push the deal through the Parliament this week.

Sun, 20 Oct 2019 17:21:44 GMT

Turkey to ban e-cigarettes

The President of Turkey Tayyip Erdogan stated on Sunday that the government would never permit the sale of e-cigarettes in the country and called citizens to drink tea instead of smoking.

Sun, 20 Oct 2019 16:23:20 GMT

Kuroda highlights importance of mixed approach

The head of the Bank of Japan Haruhiko Kuroda highlighted on Sunday the importance of combining flexible fiscal spending, monetary easing and structural reforms for the growth of the economy.

Sun, 20 Oct 2019 15:09:07 GMT

Qantas completes world's longest commercial flight

On Sunday, the Australian carrier Qantas has successfully completed a direct flight from New York to Sydney, which became the world's longest commercial flight.

Sun, 20 Oct 2019 14:04:22 GMT

Gentiloni calls for less restrictive policies

The EU Economics Commissioner Paolo Gentiloni stated on Sunday that bloc needed less restrictive budget policies and a revision of fiscal rulebook.

Sun, 20 Oct 2019 13:32:23 GMT

Greens make good performance in Swiss elections

According to Swiss media, the increasing worries about climate change are likely to give the Greens 10.7% in Parliamentary elections.

Sun, 20 Oct 2019 12:25:42 GMT

French SMEs poorly prepared for Brexit

According to the Journal du Dimanche newspaper, nearly 50% of French small and mid-sized enterprises (SMEs) are not prepared enough for consequences of Britain's exit from the EU.

Sun, 20 Oct 2019 11:28:41 GMT

Gove says UK to leave EU at the end of the month

Michael Gove, the UK Minister responsible for no-deal Brexit preparations, stated on Sunday that the country would leave the EU on October 31.

Sun, 20 Oct 2019 10:27:57 GMT

Xiaomi to launch more 5G phones in 2020

The Chinese phone producer Xiaomi announced on Sunday that it would launch 10 5G phones or more next year amid high demand from customers.

Sun, 20 Oct 2019 09:17:23 GMT

BMW looks for partners on mobility services venture

Oliver Zipse, the new BMW's Chief Executive, stated on Sunday that the company was looking for new partners for the mobility services venture.

Sun, 20 Oct 2019 08:19:47 GMT

IMF to study risks of climate change

Tobias Adrian, the International Monetary Fund official, stated on Sunday that the organization was conducting a research of climate change impact on financial markets.

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