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LG Chem to provide $1.07B for China's battery plants
Thu, 10 Jan 2019 03:31:59 GMT
 
South Korea's LG Chem announced plans to invest some $1.07B to expand two battery plants in China by next year,, aiming to meet increasing global demand. >>
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Ukraine foreign trade up 12% in 2018
Wed, 09 Jan 2019 20:47:25 GMT
 
The Ukrainian foreign trade increased 12% in 2018 to $104.2B from $93.04B the prior year, the State Fiscal Service reports. >>
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German exports stagnate in November
Wed, 09 Jan 2019 20:46:44 GMT
 
Germany exported €116.3B of goods and imported €95.7B of goods in November 2018, nearly unchanged from the same period the previous year, the Federal Statistical Office reports. >>
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Macedonian economy to expand 2.9% in 2019
Wed, 09 Jan 2019 20:36:14 GMT
 
The Macedonian economy is expected to expand 2.9% in 2019, an increase from 2.5% in 2018, the Macedonian Information Agency reports. >>
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Ukraine plans to get sniper rifles from Canada in 2019
Wed, 09 Jan 2019 20:35:33 GMT
 
Ukraine plans to purchase long-range sniper rifles from Canada this year, the Ukrainian Ambassador to Canada Andriy Shevchenko says. >>
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Fed's Evans anticipated three US rate increases this year
Wed, 09 Jan 2019 18:51:08 GMT
 
The US Chicago Fed President Charles Evans announced expectations for three interest-rate hikes in 2019, assuming that the US economy remained reasonably strong. >>
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Ford, VW to unveil deeper cooperation at Detroit auto show
Wed, 09 Jan 2019 18:50:56 GMT
 
Ford and Volkswagen are expected to announce a deeper cooperation over the auto show in Detroit, which goes beyond partnering in the commercial vehicles area, sources familiar with the matter >>
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Lennar sales below estimates amid weak housing demand
Wed, 09 Jan 2019 18:18:14 GMT
 
Lennar reported weaker-than-expected home sales in the quarter and orders, confirming fears that the US property market was slowing in the face of higher rates and increasing prices, following years >>
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Toyota recalls 1.3M vehicles in US for air bag inflators
Wed, 09 Jan 2019 18:14:54 GMT
 
Toyota Motor stated that it was recalling another 1.3M vehicles in the US for potentially faulty air bag inflators made by Takata within a multi-year recall campaign started in 2016. >>
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France's Engie seeks reviving talks over TAG takeover
Wed, 09 Jan 2019 17:17:26 GMT
 
Engie SA, the French energy group, is expecting to revive talks to acquire Petroleo Brasileiro's gas transportation unit TAG this year, its CEO stated on Wednesday. >>
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Nassef Sawiris slams his stake in LafargeHolcim
Wed, 09 Jan 2019 17:14:52 GMT
 
One of LafargeHolcim's largest shareholders, Nassef Sawiris, cut his stake in the cement maker by around 1.6M shares worth over $67.5M, Handelszeitung daily reported on Wednesday. >>
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Israel's high-tech companies lift record $6.47B last year
Wed, 09 Jan 2019 16:21:14 GMT
 
Israel's private high-tech firms raised their record $6.47B in 2018, up 17% from the previous year, according to the ZAG law group and Israel Venture Capital Research Centre's report published >>
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T-Mobile beats expectations by adding 1M customers in Q4
Wed, 09 Jan 2019 16:13:27 GMT
 
On Wednesday, T-Mobile US reported it had added 1M of new phone subscribers in the Q4, beating Wall Street's expectations for nearly 858K customers. >>
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Facebook's Zuckerberg to host public debates on tech future
Wed, 09 Jan 2019 15:36:18 GMT
 
Facebook's CEO Mark Zuckerberg is set to host several public debates considering technology future in society, which is considered to be a part of Zuckerberg's personal 2019 challenge. >>
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Norway explores option to ban Huawei's 5G network
Wed, 09 Jan 2019 15:28:44 GMT
 
On Wednesday, the Norwegian Justice Minister stated the country was considering an option to exclude Huawei Technologies from building its 5G telecommunications infrastructure, following the other western nations. >>
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