News

Note: This section contains information in English only.
Thu, 11 Oct 2018 16:51:15 GMT

US inflation slows in September

In September the US Consumer Price Index rose less than it was forecast by market participants. Namely, prices increased by 0.1% instead of the forecast 0.2%.

Thu, 11 Oct 2018 16:25:58 GMT

Ceva Logistics drops DSV's $1.55B takeover bid

Ceva Logistics, the Swiss transport company, has rejected a $1.55B worth takeover bid from the Danish firm DSV, saying the offer had undervalued the group.

Thu, 11 Oct 2018 16:21:57 GMT

British watchdog to investigate British Airways partnership

On Thursday, British competition regulator stated it would launch an inquiry into the British Airways alliance with other airlines over transatlantic routes amid 2020 expiry of the previous deal.

Thu, 11 Oct 2018 15:31:20 GMT

Thai regulator bans PTT bid to acquire Glow Energy

Thailand's energy regulator has imposed a ban on PTT's takeover bid to buy the power company Glow Energy from the French firm Engie in a $4.0B worth deal that could become one of the country's biggest investments this year.

Thu, 11 Oct 2018 15:22:25 GMT

Livent drops 3.6% in market debut on Thursday

The lithium producer Livent has plunged 3.6% in its Thursday's market debut, as the company had been priced at the lowest of its set price range due to investors' concerns over the the recent price slides in lithium in China.

Thu, 11 Oct 2018 14:09:02 GMT

ECB reveals fears of trade war

The latest ECB meeting minutes highlight that the European Central Bank is afraid that global trade tensions will decrease the euro zone's growth.

Thu, 11 Oct 2018 14:08:55 GMT

Jordan changes government cabinet

On Thursday, the Prime Minister of Jordan announced a reshuffle of his minister cabinet. The reshuffle is expected to speed up the IMF-guided reforms.

Thu, 11 Oct 2018 13:27:23 GMT

Airbus might increase output

CFM International, which produces jet engines, is preparing for negotiations with Airbus about an increase of narrow body jet production.

Thu, 11 Oct 2018 13:26:49 GMT

Oil prices extend retracement

Crude Oil prices reached a two week low level on Thursday. Meanwhile, markets expected the price to be influenced by the weekly US Crude Oil Inventories report.

Thu, 11 Oct 2018 11:44:53 GMT

OPEC releases announcement

On Thursday, OPEC revealed that the organization expects the oil market to be well supplied and expects no glut next year.

Thu, 11 Oct 2018 11:44:29 GMT

Financial analysts turn to cost analysis

In accordance with an article published by Reuters, Wall Street analysts have turned away from analyzing the impact of US tax cuts and instead are worried about the impact of rising borrowing costs.

Thu, 11 Oct 2018 11:23:13 GMT

Foxconn revenues grow

Taiwanese company's Foxcon's revenues have jumped by 30 percent in September. The company is known by most as a key supplier of Apple.

Thu, 11 Oct 2018 11:22:46 GMT

IMF chief defends the Federal Reserve

The head of the International Monetary Fund Christine Lagarde on Thursday announced that she does not agree with Donald Trump's statements about the Federal Reserve hikes being crazy.

Thu, 11 Oct 2018 10:20:34 GMT

Skoda deliveries drop in September

Skoda Auto car deliveries have dropped by 16% in September. The conversions of cars to conform to new regulations are being blamed for the drop.

Thu, 11 Oct 2018 10:19:44 GMT

SEC and Tesla reach settlement

On Wednesday, Tesla's CEO and the US SEC filed a submission in support of the resolution and approval of the civil matter between the two parties.

Thu, 11 Oct 2018 09:12:27 GMT

Chinese car dealers push for tax cut

The top car dealers association in China sent a request to the government to halve taxes on auto purchases.

Thu, 11 Oct 2018 09:12:05 GMT

UK lenders mortgage decline

A survey of Bank of England on Thursday revealed that lenders in the UK are expecting the largest mortgage lending decline since late 2008.

Thu, 11 Oct 2018 07:53:11 GMT

Core Appalachia signs takeover deal with Diversified Gas & Oil

On Thursday, Diversified Gas & Oil stated it had acquired Core Appalachia, the privately owned natural gas producer, in a deal valued at $183M.

Thu, 11 Oct 2018 07:52:59 GMT

Apple to acquire part of Dialog's business for $600M

Apple agreed to acquire part of the chip supplier Dialog Semiconductor's business in a deal worth $600M, on the back of expansion of Apple's chip operations in Europe.

Thu, 11 Oct 2018 03:38:29 GMT

World Bank creates 'human capital' ranking based on education, health

The World Bank Group revealed a new system to rank countries over the success in development of human capital, in a bid to prod governments to invest more in healthcare and education.

Thu, 11 Oct 2018 03:34:35 GMT

Pershing Square reveals $900M stake in Starbucks

William Ackman stated that Pershing Square, his hedge fund, built a roughly $900M position in Starbucks, betting that the coffee chain could overcome weak sales in the home market.

Thu, 11 Oct 2018 02:35:55 GMT

BMW to increase control of Chinese venture

Germany's BMW stated that it is set to gain control of the main China's joint venture for $4.2B, the first such move after Beijing started to relax ownership regulations for the auto market.

Thu, 11 Oct 2018 02:31:56 GMT

Micron to make $100M investment in AI companies

Micron Technology stated that it planned to invest up to $100M in startups working on artificial intelligence technologies, which would be used in self-driving vehicles, factory automation and other fields.

Wed, 10 Oct 2018 20:37:52 GMT

Apple plans to deliver original content to its devices for free

On Wednesday, CNBC reported that Apple Inc is planning to start delivering exclusive digital content via its video service to the owners of company's devices for free.

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