News

Note: This section contains information in English only.
Sun, 18 Nov 2018 07:33:06 GMT

French protestors rally against Macron's taxes

Thousands of French citizens gathered on Sunday to protest Emmanuel Macron's new economic policies by blocking traffic.

Sun, 18 Nov 2018 07:32:37 GMT

APEC meetings fails to reach consensus

On Sunday, it was announced by Chinese officials that the leaders of the Asia Pacific Economic Cooperation forum have failed to solve the issues among them.

Sun, 18 Nov 2018 05:42:27 GMT

Interpol renews warrant for MOL's CEO

On Sunday, the representatives of the international police Interpol renewed the arrest warrant for the head of the Hungarian energy group MOL.

Sun, 18 Nov 2018 05:42:20 GMT

US pledges electricity to Papua New Guinea

The officials of the United States on Sunday announced a $1.7 billion plan to provide electric power to Papua New Guinea in an effort to counter China's debt financing effort in the region.

Sun, 18 Nov 2018 05:25:57 GMT

J.Crew CEO steps down

On Sunday, it was revealed that the CEO of J.Crew James Brett has stepped down after a short period in the position.

Sun, 18 Nov 2018 05:25:32 GMT

Australian minister comments on trade deal with Indonesia

The Trade Minister of Australia on Sunday revealed that the trade deal with Indonesia is being delayed due to translation glitches.

Sat, 17 Nov 2018 21:34:03 GMT

Alstom, Siemens not to seek hearing to get EU nod on merger

Alstom and Siemens are not set to seek a hearing to address the antitrust concerns to win the approval by the European Union regulators for their rail merger deal.

Sat, 17 Nov 2018 21:23:26 GMT

Bombardier head meets inestors as shares down 20%

The CEO of Bombardier Alain Bellemare held a meeting with investors after a disappointing forecast on free cash flow and regulatory action that sent the train and plane manufacturer's shares down 20%.

Sat, 17 Nov 2018 20:34:12 GMT

ABC Entertainment chief Dungey to be replaced by Burke

The current President of Walt Disney's ABC Entertainment, Channing Dungey, will be replaced by the original programming head for Disney's cable channel Freeform, Karey Burke, the company announced on Friday.

Sat, 17 Nov 2018 20:27:08 GMT

Gubitosi likely to become TIM's CEO

Luigi Gubitosi, the veteran Italian manager, is likely to become a new Chief Executive Officer of the Italian largest telecoms firm Telecom Italia, two sources with a knowledge on the matter reported.

Sat, 17 Nov 2018 19:38:20 GMT

Drug developer Tesaro considers sale

Tesaro, the cancer drug developer, has hired financial advisers after getting a takeover interest and is considering to sell itself, according to a Bloomberg report.

Sat, 17 Nov 2018 19:35:20 GMT

Struggling Fastjet seeks to attract $40M in fundraising

Africa's struggling low-cost airline Fastjet is planning to launch an equity refinancing and fundraising, as it seeks to attract at least $40M to increase its equity base.

Sat, 17 Nov 2018 18:29:57 GMT

France's Technicolor considers selling itself

France's Technicolor is considering options, which include a partial or full sale of the digital media firm on the back of difficulties its set-top box business faces due to higher prices on memory chips.

Sat, 17 Nov 2018 18:25:13 GMT

LyondellBasell nears binding deal to acquire Brazil's Braskem

LyondellBasell Industries is preparing to make a binding offer to buy Brazil's petrochemical company Braskem, planning to finish the talks within the next days, sources reported.

Sat, 17 Nov 2018 17:33:21 GMT

Russia always ready to work with EU Parliament

The Russian Senator Andrey Klimov stated on Saturday that he and his colleagues were ready to work with any composition of the EU Parliament regardless of result of the upcoming elections.

Sat, 17 Nov 2018 17:27:29 GMT

Netanyahu denies rumors about early election

The Prime Minister of Israel Benjamin Netanyahu stated on Saturday that he hoped his government could work until the end of the term, thus refusing calls from opposition to announce snap elections amid resignation of the country's Defence Minister Avigdor Lieberman.

Sat, 17 Nov 2018 16:15:14 GMT

US refuses to give up Gulen

The US President Donald Trump stated on Saturday that he had no plans to extradite old Erdogan's enemy cliric Fethullah Gulen in an attempt to help his ally Saudi Arabia.

Sat, 17 Nov 2018 16:10:26 GMT

Varadkar says no plans for new elections

The Prime Minister of Ireland Leo Varadkar stated on Saturday that he had no intention to announce elections in the remaining two months of this year.

Sat, 17 Nov 2018 15:29:17 GMT

CannTrust reports robust sales in Q3

CannTrust Holdings, a licensed Canadian producer of medical cannabis, said on Wednesday that its sales in third quarter were equal to Aurora Cannabis Inc, which resulted in 20% surge of its stock value.

Sat, 17 Nov 2018 15:18:43 GMT

Swine fever continue to terrorize Chinese regions

The Agriculture Ministry of China on Saturday reported about several new outbreaks of swine fever Sichuan, Yunnan and Jiangxi provinces as well as in the Shanghai municipality.

Sat, 17 Nov 2018 14:22:44 GMT

Hard Brexit means catastrophe for Europe

The head of the BDI German Federation of Industry Dieter Kempf warned on Saturday that Britain's exit from the European Union without a proper deal would hurt hundreds of businesses on both sides of the English channel.

Sat, 17 Nov 2018 14:16:24 GMT

Xi plans to meet Kim next year

According to sources familar with the matter, the Chinese President Xi Jinping is plannig to pay an official visit to North Korea next year and meet with its leader Kim Jong Un.

Sat, 17 Nov 2018 13:27:43 GMT

Germany, France to present EZ budget plans on Monday

Germany and France are expected to lay out plans for a joint EZ budget focused on financing investment on Monday, France's Finance Ministry sources revealed.

Sat, 17 Nov 2018 13:25:16 GMT

Germany's Transport Minister to welcome Uber by 2021

Andreas Scheuer, the Transport Minister of Germany, announced its intention to open Germany's market to car pooling services, including Uber and other firms, by 2021.

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