News

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Mon, 06 Jan 2020 17:43:39 GMT

France's Carrefour to buy lunch delivery firm Dejbox

Carrefour, the French supermarket group, said it had agreed to acquire the lunch delivery company Dejbox, in its latest effort to bolster the e-commerce operations, but did not disclose the financial terms of the deal.

Mon, 06 Jan 2020 16:41:42 GMT

South Korea's restaurateurs raise concerns about Delivery Hero deal

On Monday, owners of South Korean restaurants have voiced their concerns regarding the proposed $4.0B local rival acquisition by Delivery Hero, the food delivery giant, saying the deal could affect competition and cause higher fees.

Mon, 06 Jan 2020 16:02:14 GMT

Xerox secures $24B in financing for HP takeover offer

On Monday, Xerox Holdings Corp announced it had secured $24B in financing for the proposed $33.5B worth HP Inc takeover, a deal that is opposed by the PC maker.

Mon, 06 Jan 2020 14:41:10 GMT

Ceska Zbrojovka considers IPO

The Czech firearms producer Ceska Zbrojovka Group announced on Monday that it considers an IPO that would fund expansion in the United States.

Mon, 06 Jan 2020 14:29:27 GMT

Iran steps away from nuclear deal

On Monday, Iranian officials announced that they would drop all limits on uranium enrichment, but would still cooperate with UN nuclear institutions.

Mon, 06 Jan 2020 12:41:12 GMT

Boeing considers more debt

The Wall Street Journal reported on Monday that Boeing is considering raising its debt to bolster its finances.

Mon, 06 Jan 2020 11:48:00 GMT

Safe-haven currencies surge

On Monday, as the tensions in the Middle East increased, demand for safe-haven currencies increased. The Yen and the Swiss Franc surged in value.

Mon, 06 Jan 2020 11:14:56 GMT

Saudi credit default swaps soar

On Monday, the costs to insure against a Saudi Arabian sovereign debt default surged by a sixth. The event spilled over to other Middle East markets.

Mon, 06 Jan 2020 09:49:46 GMT

Safe heaven currencies rise in value

The value of Japanese Yen, Swiss Franc and other safe currencies by Monday morning increased up to 1% amid a rapid escalation of tensions between the US and Iran.

Mon, 06 Jan 2020 09:15:55 GMT

Ceska Zbrojovka considers IPO

The Czech weapon producer Ceska Zbrojovka Group stated on Monday it was considering making an initial public offering (IPO) on the Prague Stock Exchange.

Mon, 06 Jan 2020 08:03:15 GMT

Oil prices edge higher on Monday

On Monday, crude oil prices edged higher by 2%. Brent crude futures surged to a high of $70.27 per barrel at 0222 GMT, while the US WTI crude was at $64.39 a barrel.

Mon, 06 Jan 2020 07:02:21 GMT

Taiwan's exports grow at slower pace in December

According to a Reuter's survey, Taiwan's December exports grew at a slower pace at 1.7%, compared to growth of 3.3% in November.

Mon, 06 Jan 2020 05:46:23 GMT

Fed's Williams urges to keep inflation target

According to the Wall Street Journal, John Williams, the New York Fed President, emphasized on the Sunday importance of keeping inflation target at 2% despite the low interest rates.

Mon, 06 Jan 2020 05:16:23 GMT

Kuroda pledges to act carefully

The Bank of Japan Governor Haruhiko Kuroda promised on Monday that the bank's monetary policy would be conducted carefully, paying due attention to economic risks coming from abroad.

Mon, 06 Jan 2020 04:02:30 GMT

AF to run entire flight schedule on January 6-7

Air France said in a statement on Sunday that it intended to operate its entire flight plan on January 6 – 7 despite the ongoing nationwide strike.

Mon, 06 Jan 2020 02:59:14 GMT

Iran breaks further away from nuclear deal

According to the Iranian state television on Sunday, Iran would no longer abide by any limits set down in the 2015 nuclear deal.

Sun, 05 Jan 2020 20:44:39 GMT

British Foreign Minister comments on Iran

On Sunday, the Foreign Minister of the United Kingdom Dominic Raab stated that the UK understands the reasons for recent US actions. However, the Minister called for de-escalation of hostilities.

Sun, 05 Jan 2020 19:47:28 GMT

Daimler and Volvo cooperate

On Sunday, a magazine reported that Volvo Cars and Daimler are considering cooperation in the development of combustion engines.

Sun, 05 Jan 2020 18:43:37 GMT

EU invites Iran's Foreign Affairs Minister

The Chief of European Union's foreign policy Josep Borrell on Sunday called for a de-escalation and invited over the Foreign Affairs Minister of Iran Javad Zarif.

Sun, 05 Jan 2020 17:42:22 GMT

Iraqi Parliament meets to vote on US troops

On Sunday, it was announced that the Iraqi Parliament is set to meet in an emergency session to vote on the request to US to withdraw troops.

Sun, 05 Jan 2020 16:41:08 GMT

Gulf markets plunge

During Sunday's afternoon trading hours, stock prices of Gulf nations plummeted. Indices fell by 2.2% up to 4.1%.

Sun, 05 Jan 2020 15:42:18 GMT

Trump comments on Iranian threats

On Sunday, the President of the United States Donald Trump stated that in the case of an Iranian attack on America 52 Iranian sites would get hit.

Sun, 05 Jan 2020 14:40:49 GMT

Record tuna sold at Tokyo auction

On Sunday, the first Tokyo Toyosu fish market auction took place. At the auction, a record for second most expensive tuna fish was set by selling it for nearly $1.8 million.

Sun, 05 Jan 2020 14:01:49 GMT

Japan tightens immigration

Japanese officials announced on Sunday that they wold tighten immigration measures. The announcement came as a response of Carlos Ghosn fleeing the country.

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