News

Note: This section contains information in English only.
Fri, 02 Nov 2018 13:17:14 GMT

Tesla plans to weaken tariff impact on Model 3 cars

Tesla stated on Friday it was considering to trim the tariff impact on the carmaker's Model 3 sedan by making more vehicles in China's Shanghai.

Fri, 02 Nov 2018 13:06:29 GMT

Exxon Mobil posts better-than-expected profit

On Friday, Exxon Mobil posted its quarterly profit, beating analysts' forecasts on the higher prices for its natural gas and oil; however, the production volumes dropped on year-on-year basis.

Fri, 02 Nov 2018 10:56:22 GMT

Apple warns about holiday sales

On Friday, Apple Inc warned that the sales during the holiday quarter will not reach Wall Street's expectations. The announcement caused a decline of Apple' stock price.

Fri, 02 Nov 2018 10:55:52 GMT

US allows allies to buy Iranian oil

The government of the United States has allowed eight countries to purchase Iranian oil. Among the countries are India, South Korea and Japan.

Fri, 02 Nov 2018 10:33:48 GMT

Swiss tech firm Comet hit by chip sector slowdown

Comet Holding, the Swiss tech group, has reiterated on Friday it was expecting to miss this year's estimates set in August due to a sharp slump in orders from semiconductor market.

Fri, 02 Nov 2018 10:24:43 GMT

GM postpones two renovation projects amid cost cutting plan

General Motors has decided to halt its two renovation projects at the carmaker's centres in the area of Detroit, offering its 18K salaried employees in North America the voluntary severance packages.

Fri, 02 Nov 2018 09:38:54 GMT

Symantec shares rise after topping Q2 profit forecasts

The cybersecurity company Symantec reported better-than-expected Q2 profit on Thursday, sending its shares up over 8% in the extended trade.

Fri, 02 Nov 2018 09:35:05 GMT

Starbucks posts better-than-expected Q3 sales

On Thursday, Starbucks reported a higher-than-expected surge in its Q3 sales at its established stores, boosted by increased prices in China and the United States, sending the company's shares up 9%.

Fri, 02 Nov 2018 08:22:46 GMT

Faraday Future to consider all strategic options

The ailing electric vehicle maker Faraday Future is set to explore all of the strategic options, including equity and debt financing, a few days after the company's co-founder Nick Sampson resigned.

Fri, 02 Nov 2018 08:18:44 GMT

Illumina to acquire Pacific Biosciences for $1.2B

The gene sequencing firm Illumina stated on Thursday it would acquire its California-based rival Pacific Biosciences in a deal worth $1.2B in cash, as the company sought expansion in the market.

Fri, 02 Nov 2018 06:25:37 GMT

BMW launches car-sharing service in London

On Thursday, BMW claimed that it has launched a car-sharing service DriveNow in London after getting the final approval from thirty three London's districts.

Fri, 02 Nov 2018 06:20:35 GMT

Japan aims to open labour market for blue-collars

On Friday, the Prime Minister of Japan Shinzo Abe approved the draft version of the legislation which would let to attract blue-collars in sectors facing labour shortages.

Fri, 02 Nov 2018 05:38:16 GMT

US Energy Secretary to visit Poland and Ukraine

On Thursday, the White House claimed that the US Secretary of Energy Rick Perry is going to visit Poland, Ukraine and some other states in Eastern Europe to discuss possible alternatives to the energy supply from Russia.

Fri, 02 Nov 2018 05:32:01 GMT

US and Turkey start joint patrols in Northern Syria

On Thursday, Turkey and the US claimed that they have started joint military patrols in the northern regions of Syria aiming to stop clashes between Kurds and Turkish army.

Fri, 02 Nov 2018 04:40:34 GMT

BMW expands DriveNow in London

BMW was expanding the company's car-sharing service DriveNow into five more boroughs of London, as it overcame some barriers to operating in the city, where it was need to strike agreements with local authorities.

Fri, 02 Nov 2018 04:38:45 GMT

Jaguar Land Rover to open new office in Hungary

The UK biggest carmaker Jaguar Land Rover is set to create 100 jobs with its new technical engineering office in Hungary to extend cooperation with suppliers in Europe, the firm stated.

Fri, 02 Nov 2018 03:06:42 GMT

Canada auto sales fall 1.9% in October

Canada's auto sales dropped for the seventh month in succession 1.9% year-over-year to 161K units in October, as demand for new vehicles waned with increasing interest rates.

Fri, 02 Nov 2018 03:02:24 GMT

GoPro expects Q4 revenue below forecasts

GoPro announced a Q4 revenue forecast below analysts' estimates, as the company keeps battling waning demand for products, sending the shares down nearly 13% in after-hours trading.

Thu, 01 Nov 2018 20:56:29 GMT

State Department's Nauert may become US ambassador to UN

According to an ABC News report published on Thursday, the US State Department's spokesperson Heather Nauert had been offered to become the new US ambassador to the United Nations.

Thu, 01 Nov 2018 20:55:49 GMT

US online spending likely to grow 14.8% during holiday shopping season

The US online spending is set to rise 14.8% in the 2018 holiday shopping season, which is 2.7% more the preliminary growth forecast for the brick-and-mortar locations.

Thu, 01 Nov 2018 20:17:27 GMT

TransCanada plans sales, JVs to fund its oil pipeline

On Thursday, Canada's pipeline operator TransCanada stated it was viewing asset sales and joint ventures with intention to fund the construction of the company's $8.0B crude oil pipeline Keystone XL.

Thu, 01 Nov 2018 20:17:17 GMT

Barclays names Rothschild's Higgins as new chairman

Barclays has appointed Rothschild's Deputy Chairman Nigel Higgins as the bank's next chairman, according to a Sky News report published on Thursday.

Thu, 01 Nov 2018 18:54:48 GMT

Xi hopes for steady and healthy relationship with US

On Thursday, the Chinese state media reported that China's President Xi Jinping hopes that the United States and China would be able to promote a stable and healthy relationship.

Thu, 01 Nov 2018 18:54:30 GMT

Crouch resigns as UK Sports Minister

Tracey Crouch, the UK Sports Minister, resigned from his position on Thursday, in protest at gambling reforms delay.

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