News

Note: This section contains information in English only.
Mon, 15 Oct 2018 06:39:52 GMT

China's Huarong ex-chairman expelled from Communist Party amid graft

China's ruling Communist Party has expelled the China Huarong Asset Management's former chairman Lai Xiaomin from the party due to suspected graft.

Mon, 15 Oct 2018 06:36:17 GMT

Sears Holdings files for Chapter 11 bankruptcy

On Monday, the iconic US retailer Sears Holdings announced filing for the Chapter 11 bankruptcy, as the company has withered in the era of online shopping.

Mon, 15 Oct 2018 04:55:57 GMT

Harris and L3 Technologies sign all-stock merger deal

Harris and L3 Technologies, the communication equipment providers, have signed an all-stock merger deal on Sunday, creating the sixth-biggest defence contractor in the United States worth $34B.

Mon, 15 Oct 2018 04:55:21 GMT

Blackstone must match rival offer for IOF in four days

Australia's Investa Office Fund stated on Monday it had granted the private equity group Blackstone four days to match the Canadian firm Oxford Properties Group's rival bid.

Mon, 15 Oct 2018 02:55:34 GMT

Japanese manufacturers' mood rises in October

Confidence among Japan's manufacturers rose in October and was expected to remain flat in the next three months, a Reuters poll found, suggesting caution on the global trade frictions' effect on the economic outlook.

Mon, 15 Oct 2018 02:52:33 GMT

Apple acquires music analytics firm Asaii

Apple bought Asaii, the music analytics start-up, within an aim to strengthen content recommendations to music users, according to the report by Axios.

Sun, 14 Oct 2018 20:20:58 GMT

Barclays to compete with Goldman in digital-only bank market

According to report published by the Financial Times, Barclays is offering American retail customers an account that represents a part of cheap and digital-only bank.

Sun, 14 Oct 2018 20:12:05 GMT

UK and EU achieve some progress on Brexit

The British Brexit Ministry stated on Sunday that negotiators from both sides have managed to achieve compromise "in a number of key areas", though there were a number of problems still to be resolved.

Sun, 14 Oct 2018 19:10:31 GMT

UK and EU postpone talks until Wednesday

According to sources familiar with the matter, the United Kingdom and the European Union have decided to postpone Brexit deal negotiations until the end of Wednesday summit.

Sun, 14 Oct 2018 19:07:05 GMT

Iran accuses US of regime change aspirations

On Sunday, the President of Iran Hassan Rouhani noted that the Donald Trump's administration is the most unfriendly administration in history wishing to change regime in the country.

Sun, 14 Oct 2018 18:12:12 GMT

Saudi Arabia promises tough response on any sanctions

According to official quoted by the official Saudi Press Agency (SPA), Saudi Arabia promises hard response to any kind of sanctions imposed by other nations for the Khashoggi case.

Sun, 14 Oct 2018 18:07:34 GMT

Di Maio excludes Italy's exit from EU

The Deputy Prime Minister of Italy Luigi Di Maio stated on Sunday that the country's withdrawal from the Euro Zone or the European Union was off the table.

Sun, 14 Oct 2018 17:13:46 GMT

Turkey grants new name to US embassy street

Authorities of the Turkish capital of Ankara renamed the street where the US embassy is located to "Malcolm X Avenue", after the name of the US civil rights leader.

Sun, 14 Oct 2018 17:10:14 GMT

Embraer adds two longer-range business jets to its Legacy line

Embraer has launched a newer version of its longer-range mid-sized private business jets of the Legacy line with revamped cabins and built-in technology that lowers turbulence, Brazil's plane maker announced on Sunday.

Sun, 14 Oct 2018 16:23:33 GMT

EU ambassadors called to meeting on Brexit in Brussels

Ambassadors for the 27 EU member states, excluding Britain, have been summoned to the Brexit meeting scheduled for 1635 GMT in the Belgium capital of Brussels, diplomatic sources reported on Sunday.

Sun, 14 Oct 2018 16:17:38 GMT

Portuguese PM launches Cabinet reshuffle

Portugal's Prime Minister Antonio Costa has launched his government's reshuffle after the Defence Minister resignation and completion of the 2019 budget.

Sun, 14 Oct 2018 15:36:38 GMT

Jordan-Syria border crossing to reopen this Monday

On Sunday, Syria and Jordan announced that the border crossing between two countries would reopen on Monday, following three years of closure, as a result of a few-week-long talks.

Sun, 14 Oct 2018 15:31:04 GMT

L3 Technologies and Harris close to all-stock merger deal

L3 Technologies and Harris, the defence communications and electronics firms, are nearing to sign an agreement for the all-stock merger worth $33.5B that could be announced by Monday.

Sun, 14 Oct 2018 14:26:07 GMT

Ministers of RCEP countries agree on further talks on trade deal

On Sunday, the Ministers from Asian-Pacific states agreed to hold another meeting in the nearest future to discuss a trade deal between members The Regional Comprehensive Economic Partnership economic bloc.

Sun, 14 Oct 2018 14:19:04 GMT

IMF: Italy needs to settle its spendings with EU

On Sunday, the Deputy Managing Director if the International Monetary Fund David Lipton claimed that Italy needs to settle its high state spending with Brussels.

Sun, 14 Oct 2018 13:39:30 GMT

Trump sais he is unsure whether Defence Secretary plans to depart

On Sunday, the President of the US Donald Trump claimed that he is unsure whether the US Defence Secretary James Matiss is planning to leave his post.

Sun, 14 Oct 2018 13:35:30 GMT

Sweden's Kristersson abandons attempt to form government

On Sunday, the leader of the Moderate Party of Sweden Ulf Kristersson claimed that he was unable to get enough support to form a center-right coalition government.

Sun, 14 Oct 2018 12:38:24 GMT

India's IndiGo is in talks with Boeing and Airbus

On Sunday, the Chief Commercial Officer of the largest Indian low-cost carrier IndiGo Willy Boulter said that a company is in talks with Boeing and Airbus regarding a purchase of the wide-bodied aircrafts but to deadline has been set so far.

Sun, 14 Oct 2018 12:34:39 GMT

Saudi Arabia says it is ready to reply to sanctions

On Sunday, Saudi Arabia's state news agency SPA claimed that a country is ready to reply to any sort of economic sanctions regarding a case of the killed journalist Jamal Khashoggi.

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