News

Note: This section contains information in English only.
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.

Thu, 01 Nov 2018 18:10:36 GMT

Wall Street continues to edge higher

On Thursday, US shares edged higher for the third consecutive trading session, after the US President Donald Trump said that trade discussions with China are moving along well.

Thu, 01 Nov 2018 18:09:42 GMT

Trump to give remarks on border security and immigration

On Thursday, the White House said that the US President Donald Trump would make remarks on border security and immigration.

Thu, 01 Nov 2018 17:12:00 GMT

Dubai's Arabtec picks Moelis to advise on debt restructuring plan

Dubai's Arabtec Holding has selected the NYC-based investment bank Moelis to advise on its new debt-restructuring plan designed for the construction firm, according to Reuters.

Thu, 01 Nov 2018 17:08:43 GMT

Czech PM seeks backing out of UN migration deal

On Thursday, the Czech Prime Minister Andrej Babis expressed his will to leave the United Nations migration agreement and is planning to discuss the topic with his governing coalition colleague.

Thu, 01 Nov 2018 16:05:14 GMT

Lonza to sell its water care unit in $630M deal

Lonza is planning a sale of the water care business unit to the US investment firm Platinum Equity in a deal valued at $630M, as part of the company's long-term strategy to target the health care business.

Thu, 01 Nov 2018 15:59:47 GMT

Trump, China's Xi to meet over trade talks

On Thursday, the US President Donald Trump stated he would meet China's leader Xi Jinping during the G-20 summit in Argentina as trade talks are moving along well.

Thu, 01 Nov 2018 15:27:28 GMT

Sears plans to license out production of DieHard, Kenmore products

Sears Holdings stated on Thursday it was set to license out the output of some DieHard and Kenmore products to the third parties, after the firm filed for the Chapter 11 bankruptcy.

Thu, 01 Nov 2018 15:21:06 GMT

JPMorgan CFO's activist fund buys stake in Deutsche Bank

The activist hedge fund controlled by the ex-CFO of JPMorgan Chase acquired a 3.1% stake in Deutsche Bank, making it the bank's largest investor and bolstering its shares on Thursday.

Thu, 01 Nov 2018 13:28:05 GMT

Volvo Cars, Baidu team up over robotaxi development

Volvo Cars and Baidu, China's search engine operator, signed a cooperation deal to develop an autonomous taxi for China, Volvo Cars announced on Thursday, seeking to enter the Asian robotaxi market.

Thu, 01 Nov 2018 13:10:07 GMT

US initial jobless claims drop 2K last week

The number of applications for US unemployment benefits dropped to 214K in the week ending October 27, from the preceding upwardly revised 216K reading.

Thu, 01 Nov 2018 11:50:13 GMT

KDDI ties up with Japan's Rakuten over mobile services business

On Thursday, Japan's Rakuten announced a tie-up with the telecom firm KDDI, seeking to boost its presence in the telecom services business, challenging its bigger competitors SoftBank Group and NTT Docomo.

Thu, 01 Nov 2018 11:50:06 GMT

Canadian Encana to acquire Newfield Exploriation for $5.5B

On Thursday, Canada's gas and oil producer Encana stated it was set to acquire Newfield Exploration in a deal valued at $5.5B, becoming one of the North America's largest shale oil producers.

Thu, 01 Nov 2018 10:52:12 GMT

Chinese Premier comments on US and Chinese ties

The Premier of China Li Keqiang on Thursday revealed to a delegation of visiting US politicians that the Sino-US relations can be improved.

Thu, 01 Nov 2018 10:51:22 GMT

Spotify publishes quarterly results

The music streaming service leader Spotify on Thursday revealed their quarterly results. The company has experienced a slight paid user increase.

Thu, 01 Nov 2018 10:27:27 GMT

EasyJet still shows interest in "reorganised" Alitalia

The British budget airline EasyJet has submitted its revised interest expression for the restructured carrier Alitalia in relation to a new ongoing sales process led by the Italian government.

Thu, 01 Nov 2018 10:22:25 GMT

Vietjet to complete its $6.5B Airbus order

Vietjet Aviation, the fast-growing budget carrier, is set to complete its $6.5B Airbus aircraft order during the French PM Edouard Philippe's visit to Hanoi on Friday.

Thu, 01 Nov 2018 09:00:04 GMT

Buyout firm Cerberus to acquire SGI Frontier Capital

Cerberus Capital Management, the private equity group, announced on Thursday it would acquire SGI Frontier Capital, giving the firm a foothold for investments in the African and Asian frontier markets.

Thu, 01 Nov 2018 08:59:30 GMT

DPE considers stake sale in First Sensor

Deutsche Private Equity is considering a 36% stake sale in First Sensor, a group that develops electronic sensors used in automotive, medical and industrial sectors.

Thu, 01 Nov 2018 07:24:56 GMT

Elliott and Veritas Capital tie up to acquire Athenahealth

The PE firm Veritas Capital and the hedge fund Elliott Management have tied up over their bid to acquire the US healthcare software developer Athenahealth, saying they are close to sign the deal.

Thu, 01 Nov 2018 07:19:38 GMT

Apple in talks to buy stake in iHeartMedia

Apple and iHeartMedia have held talks over taking a stake in the US radio firm by the tech giant, the Financial Times said on Thursday.

Thu, 01 Nov 2018 05:53:03 GMT

South Korean export grows 22.7% in October

South Korea's export increased 22.7% over the year to $54.97B in October, the second-largest figure in a history, a government report revealed on Thursday.

Thu, 01 Nov 2018 05:52:55 GMT

Sydney Airport CEO wants bigger share of China's tourist market

Sydney Airport CEO Geoff Culbert believed that Australia should do more to capitalize on 80M Chinese tourists travelling abroad every year, despite a 13% increase in the number of China's visitors over the past year to March.

Thu, 01 Nov 2018 05:19:28 GMT

BHP to buy back $10.4B shares

Top global miner BHP stated that it would return shares and pay back $10.4B to shareholders, sticking to a pledge to hand back all of the proceeds from the US shale business sale.

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