News

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Thu, 15 Mar 2018 15:29:41 GMT

Alibaba Group seeks listing in homeland China

The e-commerce firm Alibaba was planning to list on the China's stock exchange as soon as this summer, the Wall Street Journal announced on Thursday.

Thu, 15 Mar 2018 13:51:28 GMT

Slovak President Kiska backs PM Fico's resignation conditions

According to Slovak coalition's junior party, the President Andrej Kiska supports the Prime Minister Robert Fico's resignation conditions, which allow his party to choose government's next leader.

Thu, 15 Mar 2018 13:51:07 GMT

Slovenia's early election likely to be held in May

The President of Slovenia Borut Pahor is seeing the country's early general election to take place in the end of May, following the Prime Minister Miro Cerar's resignation on Wednesday.

Thu, 15 Mar 2018 13:32:36 GMT

AirBnB Amsterdam stays grow strongly in 2017

AirBnB overnight stays in Amsterdam grew 25% to 2.1M last year, despite the restrictions imposed by the city, limiting the number of listing days to 60 per year.

Thu, 15 Mar 2018 12:34:36 GMT

Britain to invest $67M in chemical warfare defence centre

According to the UK Defence Secretary Gavin Williamson, Britain is set to invest $67M in a new chemical weapons defence centre at its military research laboratory in the Porton Down science park.

Thu, 15 Mar 2018 12:31:48 GMT

Uber to unveil its London data to meet regulator requests

Uber stated on Thursday it would share its data based on millions of trips in London soon, in the ride-hailing company's latest effort to meet the requests set by the city's regulator.

Thu, 15 Mar 2018 11:01:41 GMT

EU regulators to decide on Apple and Shazam deal

It has been announced that antitrust regulators of the European Union will make a decision about the Apple's Shazam take over on April 23.

Thu, 15 Mar 2018 11:00:53 GMT

GM worker union seeks security

The South Korean worker's union of General Motors on Thursday announced that it wants to exchange job and plant security for wage increases and bonuses.

Thu, 15 Mar 2018 10:25:49 GMT

America Movil to launch 4.5G network in 76 cities

One of the largest Mexican telecommunications company America Movil is set to launch a 4.5G network in 76 cities in the country by this year's end.

Thu, 15 Mar 2018 10:22:40 GMT

Lotte Data Communication seeks approval for IPO

South Korea's Lotte Data Communication is planning the initial public offering, after it receives the approval from the country's stock exchange.

Thu, 15 Mar 2018 08:30:35 GMT

Unilever to move its London HQ to Rotterdam

The British third-largest company Unilever is set to move its corporate headquarters to Rotterdam, following its decision to leave London in retaliation to Theresa May's government ahead of the Brexit.

Thu, 15 Mar 2018 08:28:10 GMT

Statoil to become Equinor in broad energy push

Norway's Statoil announced on Thursday it would change the firm's name to Equinor, as it sought to show its commitment to develop itself into the broad energy company.

Thu, 15 Mar 2018 07:13:33 GMT

Canada's Magna to invest $200M in Lyft

On Wednesday, Canada's auto parts supplier Magna International stated it would invest $200M in the US ride-hailing company Lyft, seeking cooperation on self-driving car manufacturing.

Thu, 15 Mar 2018 07:12:29 GMT

Sixt to launch car-sharing service this year

Germany's Sixt announced on Thursday about the launch of its new mobility platform in 2018 that would accumulate the firm's traditional transfer and car rental services, as well as car-sharing offering.

Thu, 15 Mar 2018 04:31:10 GMT

Toys 'R' Us to close all stores in US

Toys ‘R' Us being bankrupt was preparing to close or sell all 885 stores in the US, risking nearly 33K jobs, as it failed to reach an agreement on restructuring billion-dollar debts.

Thu, 15 Mar 2018 04:30:20 GMT

Samsung to start building new memory chip line in China

Samsung stated that it would start building the company's new memory chip line in China later this month, strengthening efforts to boost NAND technology to meet demand further.

Wed, 14 Mar 2018 21:04:29 GMT

Brazil remains silent on US steel tariffs

The WTO Director-General Roberto Azevedo reported on Wednesday that the Brazilian government told him that it had not responded to US steel and aluminium tariffs yet.

Wed, 14 Mar 2018 21:03:33 GMT

Republican Senator Rand Paul to oppose Mike Pompeo nomination

On Wednesday, the Republican US Senator Rand Paul reported that he would oppose the US President Donald Trump's nomination of the CIA Director Mike Pompeo as the new Secretary of State.

Wed, 14 Mar 2018 20:01:38 GMT

Wall Street trades in red amid trade war worries

Major US stocks plunged on Wednesday after the US President Donald Trump said he would impose new tariffs on China, intensifying trade war worries.

Wed, 14 Mar 2018 20:00:19 GMT

Chipotle marketing chief resigns after appointment of new CEO

Chipotle Mexican Grill reported that its Chief Marketing and Strategy Officer Mark Crumpacker resigned on Wednesday, nine days after the appointment of Brian Niccol as the CEO.

Wed, 14 Mar 2018 19:21:44 GMT

Kudlow agrees to become White House top economic adviser

The US economic analyst and television commentator Larry Kudlow stated that he accepted Donald Trump's offer to become the top economic adviser of the White House.

Wed, 14 Mar 2018 19:21:02 GMT

Google to ban cryptocurrency ads

Alphabet's Google stated on Wednesday that it would ban advertising of cryptocurrencies and related products starting in this year's June.

Wed, 14 Mar 2018 18:08:42 GMT

Villeroy: ECB on way to policy normalisation

The ECB is on the way to gradually normalise the policy, as the bloc's economic growth is strong and consumer inflation is moderately rising, Francois Villeroy de Galhau stated.

Wed, 14 Mar 2018 18:07:30 GMT

Goldman anticipates US Dollar weakness to persist in 2018

Goldman Sachs stated that it kept expecting broad weakness in the Greenback and saw emerging market currencies outperforming in 2018 due to concerns over escalating trade tensions.

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