News

Note: This section contains information in English only.
Tue, 02 Jul 2019 15:10:49 GMT

Carney says no-deal Brexit and trade war are risks

Mark Carney, the Governor of the Bank of England, said on Tuesday that a no-deal Brexit and a global trade war were increasing possibilities, but not certainties.

Tue, 02 Jul 2019 14:25:06 GMT

AB InBev wants to attract $9.8B in Asia stake listing

Anheuser-Busch InBev, the world's largest brewer, is planning to attract about $9.8B by listing the Asia-Pacific business located in Hong Kong in the world's largest 2019 IPO.

Tue, 02 Jul 2019 13:01:53 GMT

BT to trigger 5G services already this autumn

BT, the UK former telecoms monopoly, announced on Tuesday it would roll out the 5G services across business customers already this autumn that would be available in the 16 British busiest cities by the year-end.

Tue, 02 Jul 2019 11:56:45 GMT

Stepstone jobs portal takes over Appcast in €70M deal

Axel Springer's Stepstone jobs portal acquired an 85% majority stake in the US technology company Appcast in a deal worth €70M, the German publisher announced late on Monday.

Tue, 02 Jul 2019 11:31:39 GMT

Ireland invests disputed taxes of Apple in low risk

Ireland debt agency has made an investment of the disputed Apple taxes in low-risk euro-dominated fixed income securities, it announced in a report published on Tuesday.

Tue, 02 Jul 2019 10:39:04 GMT

France picks banks to work on FDJ lottery firm privatisation

On Tuesday, France named investment banks to work on privatisation of the FDJ lottery firm, aimed at attracting money to bolster overall economy and fund innovation projects.

Tue, 02 Jul 2019 08:43:51 GMT

Aussie remains near low levels

Despite the Australian central bank cutting interest rates on Tuesday, the Australian Dollar remained near previous low levels during the early hours of Tuesday's London trading.

Tue, 02 Jul 2019 07:37:49 GMT

UK Johnson set to demand free trade in EU talks

The British PM candidate Boris Johnson is planning to propose the EU bloc to discuss post-Brexit free trade or Britain will exit the European Union without any deal on October 31.

Tue, 02 Jul 2019 06:56:17 GMT

Dollar consolidates on Tuesday

During the early hours of Tuesday's London trading the US Dollar suffered slight losses, which were seen as a consolidation after the large gains seen on Monday.

Tue, 02 Jul 2019 04:41:47 GMT

Amazon plans expansion in France

On Tuesday, Amazon announced that the company intends to create new 1,800 jobs in France during this year.

Tue, 02 Jul 2019 04:34:35 GMT

China pushes forward reform

On Tuesday, the Chinese Premier Li Keqiang announced that the government will push forward the needed reforms to open up its manufacturing schedule to foreign investors in 2020.

Tue, 02 Jul 2019 02:36:41 GMT

GIC, Brookfield to buy Genesee & Wyoming

Canadian Brookfield Asset Management Inc and Singapore's sovereign wealth fund GIC agreed to buy the US freight railroad firm Genesee & Wyoming for about $6.4B in cash.

Mon, 01 Jul 2019 19:53:30 GMT

Dutch don't ban Huawei

On Monday, Dutch officials announced that the government will not ban Huawei or any other particular supplier of equipment from 5G network development.

Mon, 01 Jul 2019 18:49:15 GMT

Rate cut pressure remains present

Despite the surge of US stocks caused by the restart of US-China trade talks, on Monday market surveys revealed that the Federal Reserve still is under pressure to cut interest rates.

Mon, 01 Jul 2019 17:40:04 GMT

Argentine lowers interest rates

On Monday, the central bank of Argentina announced that it will lower interest rates. The announcement caused a one percent surge of the Argentine Peso.

Mon, 01 Jul 2019 17:01:16 GMT

Europe's 5G network gets delayed

On Monday, the CEO of Tele2 announced that 5G network services in Europe are being delayed by the US-China trade war and the European country review of Chinese equipment.

Mon, 01 Jul 2019 15:40:41 GMT

Electric car sales increase in Norway

Statistics published on Monday in Norway revealed that during the first half of 2019 nearly half of new automobiles sold were electric.

Mon, 01 Jul 2019 14:43:53 GMT

Hong Kong protestors storm legislature

On Monday, protesters in Hong Kong successfully stormed and smashed the cities legislature. As a response the government announced that it has stopped working on the bill that started the protests.

Mon, 01 Jul 2019 13:48:25 GMT

Careem halts Sudan operations amid Uber takeover deal

The Middle Eastern ride-hailing company Careem halted its Sudan operations due to its takeover deal with Uber, less than 12 months after the firm had launched its service in the country, the spokeswoman reported on Monday.

Mon, 01 Jul 2019 13:36:26 GMT

Genesee & Wyoming to be bought by GIC, Brookfield

On Monday, GIC, Singapore's sovereign wealth fund, and Brookfield Asset Management agreed to acquire Genesee & Wyoming, the US freight railroad owner, in a cash deal valued at $6.4B.

Mon, 01 Jul 2019 12:05:24 GMT

Applied Materials to acquire Kokusai Electric in $2.2B deal

On Monday, Applied Materials, the world's largest chipmaking equipment supplier, announced it would acquire Japan's Kokusai Electric in a $2.2B cash-deal from KKR & Co, the global investment firm.

Mon, 01 Jul 2019 11:32:18 GMT

Aston Martin's investor seeks 3% stake acquisition

The largest investor of Aston Martin is exploring to take another 3% stake, proposing to lift its holding after the luxury carmaker's shares plunged nearly 50% since its IPO nine months ago.

Mon, 01 Jul 2019 10:37:59 GMT

Taiwanese President heads to US this month

Taiwan's President Tsai Ing-wen is set to travel to the United States in July while meeting the Caribbean diplomatic allies, angering China that called on Washington not to let Tsai make a visit.

Mon, 01 Jul 2019 10:06:19 GMT

Safaricom CEO Passes away

On Monday, it was announced that the CEO of East Africa's most profitable firm Bob Collymore has passed away after a two year fight with cancer.

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