News

Note: This section contains information in English only.
Tue, 02 Oct 2018 09:32:25 GMT

FTC grants approval for Penn National's takeover of Pinnacle

On Monday, the US Federal Trade Commission has granted its approval to Penn National Gaming for its $2.8B acquisition of Pinnacle Entertainment with divestitures.

Tue, 02 Oct 2018 09:28:38 GMT

Lockheed Martin awarded $632M US defence contract

Lockheed Martin has won a $632M US defence contract to sell Hellfire II missile variants to Japan and the Netherlands, according to a Pentagon report.

Tue, 02 Oct 2018 08:27:43 GMT

Gary Newman seeks leading Fox Broadcasting after takeover deal

Twenty-First Century Fox's co-head Gary Newman is in talks to become a leader of Fox Broadcasting after the takeover deal by Walt Disney is completed.

Tue, 02 Oct 2018 08:19:50 GMT

AM General puts itself up for sale

AM General has hired Macquarie Group, the investment bank, to help it find bidders, as the Humvee military vehicles maker had put itself up for a sale, in which the company can be valued at over $2.0B.

Tue, 02 Oct 2018 07:00:52 GMT

Brazil's StoneCo files for IPO on NY Nasdaq

StoneCo, Brazil's credit card processor, stated it filed for an IPO on Monday on the New York Nasdaq, amid strong competition among payments firms in the Latin American country, while its economy is recovering from a severe recession.

Tue, 02 Oct 2018 06:55:44 GMT

United Tech wins US approval to buy Rockwell Collins

United Technologies, the US aerospace and industrial group, has won the US approval to acquire the avionics producer Rockwell Collins, while China's approval of the purchase still pending.

Tue, 02 Oct 2018 06:39:12 GMT

Thomson Reuters completes deal with Blackstone

Thomson Reuters has finalised a deal to sell the majority stake of its Financial & Risk private unit to Blackstone Group, the company announced on Monday.

Tue, 02 Oct 2018 06:35:36 GMT

Akzo Nobel plans to return $6.4B to shareholders

On Tuesday, Akzo Nobe stated it would return $6.4B to its shareholders after specialty chemicals division's sale this week, as the Dutch paintmaker promised to make such a move in March.

Tue, 02 Oct 2018 04:41:18 GMT

Trump's administrations expects auto job growth

On Tuesday, the Commerce Secretary of the United States announced that tens of thousands of automobile industry jobs are expected to return to the US due to the recent NAFTA agreement.

Tue, 02 Oct 2018 04:41:10 GMT

US Dollar gains against Japanese Yen due to NAFTA

The recent closing of the NAFTA deal pushed the USD/JPY currency exchange rate to a new high level, as the US Dollar gained and the increased risk appetite globally decreased the demand for the Japanese currency.

Tue, 02 Oct 2018 04:21:16 GMT

Asian stock markets decline

Stock prices in the Asian markets decline on Tuesday. Financial media outlets attributed the decline to the fading optimism of the recently closed NAFTA deal.

Tue, 02 Oct 2018 04:20:43 GMT

Oil prices trade near four year high

On Tuesday, crude oil price benchmarks hovered near four year high levels. The surge of the prices was attributed to the upcoming new US sanctions on Iran.

Tue, 02 Oct 2018 03:38:33 GMT

Australia anticipates resource exports to reach $182B in 2018-2019

Australia's government anticipated the nation's resource and energy exports to reach a record of $182B in 2018-2019, buoyed by higher prices for commodities and by the weaker Australian dollar.

Tue, 02 Oct 2018 03:35:45 GMT

PwC sees tech as solution for higher standards

The Big Four accounting firms could invest in technologies that would raise standards beyond what could be achieved by small rivals, the head of PWC stated, defending the firms against Britain's calls to be broken up.

Tue, 02 Oct 2018 02:34:53 GMT

New trade deals to boost Mexican auto parts output

Auto parts production in Mexico is expected to jump about 10% over the next three years, as automakers scramble to adhere to stricter content regulations of the new North American trade agreement.

Tue, 02 Oct 2018 02:30:31 GMT

Japan inflation forecasts slip on BoJ policy changes

Japanese companies' expectations for inflation over 2019 receded slightly, the Bank of Japan survey revealed, after the Central Bank conceded that it would take some time to reach the inflation target.

Mon, 01 Oct 2018 20:28:56 GMT

Trump: trade pact with Mexico, Canada to support US jobs

The US President Donald Trump stated that a new free trade deal with Mexico and Canada would support the US jobs, indicating it as a victory in a push to reshape the global commerce lines.

Mon, 01 Oct 2018 20:22:58 GMT

Google to test streaming service with Assassin's Creed

Alphabet's Google stated that it partnered with Ubisoft to test the game streaming service by offering the Assassin's Creed series' latest instalment.

Mon, 01 Oct 2018 19:10:56 GMT

France plans €15M investment to enhance refugee integration

The French government is likely to devote €15M to improve refugees' professional integration by helping them seek new initiatives and develop skills, the report showed.

Mon, 01 Oct 2018 19:06:59 GMT

Ireland's manufacturing PMI at 7-month high in August

The Irish manufacturing sector kept growing markedly in August despite a decrease in profitability, according to the latest report of Investec Manufacturing Purchasing Managers' Index.

Mon, 01 Oct 2018 18:32:25 GMT

Adam Mosseri named as Instagram's new head

Facebook's Instagram on Monday announced that the present Vice President of the product Adam Mosseri is set to take over as the photo-sharing application's new head.

Mon, 01 Oct 2018 18:27:25 GMT

IMF Lagarde: trade conflicts dim global expanison outlook

Christine Lagarde, the Managing Director of International Monetary Fund, stated that trade disputes and tariffs started to dim the outlook, calling on countries to resolve differences and reform global trading regulations.

Mon, 01 Oct 2018 17:30:57 GMT

Mitsubishi recalls more than 144K cars in Russia amid brake issue

The Russian standards agency stated that it was informed about the recall of 144K Mitsubishi cars sold in the period from December 2012 to September 2016 due to brake issue.

Mon, 01 Oct 2018 17:27:55 GMT

Greece to submit draft budget

The government of Greece is set to submit next year's draft budget to parliament on Monday, in a bid to outperform initial surplus targets and avoid implementing pension cuts.

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