News

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Sun, 27 Dec 2020 04:31:00 GMT

Philips buys BioTelemetry in $2.8B deal

Philips is set to purchase the US cardiac diagnostics and monitoring company BioTelemetry in a $2.8B deal that will strengthen its remote care products offering.

Sat, 26 Dec 2020 21:43:10 GMT

BHP resumes operations at Samarco

BHP Group met licensing requirements to resume operations and begun production of iron ore pellet at its Samarco JV with Brazil's Vale, five years since a dam disaster.

Sat, 26 Dec 2020 20:46:17 GMT

Orix to buy Elawan for nearly $965M

Tokyo-based Orix is set to buy a stake of 80% in Elawan from Spanish industrial firm Acek and its management in a deal worth about $965M.

Sat, 26 Dec 2020 20:06:56 GMT

Facebook shuts Irish units amid tax dispute

Facebook is set to wind down several holding companies in Irland, which allowed it to shift billions in profit to the country, where it was slightly taxed.

Sat, 26 Dec 2020 19:04:25 GMT

UK published text of Brexit trade deal

On Saturday, the United Kingdom published the text of the Draft EU-UK Trade and Cooperation Agreement.

Sat, 26 Dec 2020 18:00:46 GMT

US retail sales surge by 3%

According to Mastercard SpendingPulse report, US retail sales surged by 3% in this year's holiday shopping season.

Sat, 26 Dec 2020 17:01:49 GMT

Japan bans new entries of foreigners

The Japanese government announced on Saturday that it would temporarily ban non-resident foreign nationals from entering the country from December 28 until the end of January.

Sat, 26 Dec 2020 16:01:52 GMT

US government shutdown nears

The US President Donald Trump refused to sign a $2.3T spending bill and coronavirus aid package, as a partial government shutdown approaches.

Sat, 26 Dec 2020 14:53:34 GMT

Japanese jobless rate at 2.9% in November

Japan's unemployment rate declined to 2.9% in November, while the availability of jobs increased slightly for the month, government data revealed.

Sat, 26 Dec 2020 13:55:22 GMT

United Group to acquire Nova Broadcasting

Balkan telecoms and media firm United Group announced that it agreed to buy Bulgaria's largest media firm Nova Broadcasting Group.

Sat, 26 Dec 2020 12:58:18 GMT

Japan retail sales up 0.7%

Japan's retail sales increased 0.7% year-over-year in November, rising for a second month in succession, government data revealed.

Sat, 26 Dec 2020 11:36:02 GMT

British fishermen not happy with Brexit deal

The UK National Federation of Fishermen's Organizations chief Barrie Deas stated on Thursday that the industry remained disappointed that the EU had not been reduced access to British waters.

Sat, 26 Dec 2020 11:33:03 GMT

China to probe Alibaba

China's antitrust body reported on Thursday that it had launched an investigation against Alibaba Group suspecting it of anticompetitive behaviour.

Sat, 26 Dec 2020 10:35:07 GMT

Oil surges amid Brexit deal

Crude oil prices gained 11 cents on Thursday, reaching $48.23 a barrel, amid the agreement made between the EU, UK.

Sat, 26 Dec 2020 09:35:22 GMT

French fishermen warn of Brexit uncertainties

Frederic Cuvillier, Mayor of the French fishing town Boulogne-sur-Mer, stated on Saturday that the Brexit deal contains a lot of uncertainties for local fishermen.

Sat, 26 Dec 2020 08:30:16 GMT

China's economy to overcome US

According to the Centre for Economics and Business Research, China's economy will become the largest one in the world by 2028, several years earlier than initially projected.

Sat, 26 Dec 2020 06:08:36 GMT

Japan's TSE to remove small firms from Topix

On Friday, the Tokyo Stock Exchange announced that it would remove small-cap companies from its Topix index.

Sat, 26 Dec 2020 05:05:35 GMT

Japan unveils public procurement reforms

On Friday, the Japanese Trade Ministry announced public procurement reforms after an outcry over COVID-19 relief spending.

Sat, 26 Dec 2020 04:01:42 GMT

Japan plans to replace gasoline-powered vehicles

On Friday, the Japanese government announced a plan to replace gasoline-powered cars with electric vehicles by the mid-2030s.

Fri, 25 Dec 2020 22:04:02 GMT

Erdogan comments on Turkey-Israel ties

On Friday, the Turkish President Tayyip Erdogan stated that Turkey would like better relations with Israel.

Fri, 25 Dec 2020 21:01:03 GMT

China to conduct talks on investment with EU

On Friday, the Chinese government announced that it would conduct negotiations on an investment accord with the EU at its own speed.

Fri, 25 Dec 2020 20:03:01 GMT

China prolongs tariff exemptions

On Friday, the Chinese Finance Ministry announced that it would extend tariff exceptions for imports of some US products for a year.

Fri, 25 Dec 2020 19:03:41 GMT

Japan lays out green growth strategy

On Friday, the Japanese government outlined a green growth strategy that includes a plan to eliminate petrol-powered vehicles by the mid-2030s.

Fri, 25 Dec 2020 18:01:23 GMT

Ethiopia to hold national election on June 5

On Friday, the Ethiopian National Electoral Board has set the country's parliamentary election for June 5, 2021.

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