News

Note: This section contains information in English only.
Mon, 08 Oct 2018 15:29:24 GMT

Microsoft tests new service for game streaming

Microsoft Corp tested Project xCloud, the new game-streaming service, which was designed to work across consoles, PCs and mobile devices, the company stated.

Mon, 08 Oct 2018 14:35:39 GMT

Facebook launches smart speaker to ease Messenger video calls

Facebook has launched a smart speaker called "Portal" on Monday designed to make the Messenger video calls easier, which comes in two versions worth $199 and $349.

Mon, 08 Oct 2018 14:31:15 GMT

FLIR releases new system for tiny surveillance drones

On Monday, FLIR System has released a new vehicle-mounted case with a few tiny surveillance drones designed for government agencies and military to gauge the surroundings.

Mon, 08 Oct 2018 13:38:33 GMT

Ensco to acquire rival Rowan in $2.38B deal

On Monday, the offshore driller Ensco stated it would acquire its smaller rival Rowan in the all-stock deal worth $2.38B, seeking to expand and form partner relations with Saudi Aramco.

Mon, 08 Oct 2018 13:35:20 GMT

Microsoft likely to get EU approval for $7.5B worth GitHub deal

The US software titan Microsoft is likely to receive the EU antitrust regulator's approval for its takeover of the privately-owned coding website GitHub worth $7.5B.

Mon, 08 Oct 2018 12:07:28 GMT

Brexit Secretary not to visit Brussels this week

Dominic Raab, the British Brexit Secretary, did not confirmed his arrival to Brussels this week, according to Downing Street.

Mon, 08 Oct 2018 12:01:03 GMT

Turkey to introduce quotas on steel imports starting Oct. 17

Turkey is set to impose quotas on steel it imports, starting from October 17, with an extra 25% duty charged on the imports exceeding the quotas, a WTO filing showed on Monday.

Mon, 08 Oct 2018 11:34:31 GMT

Codelco seeks signing copper deal with China's Minmetals

Codelco is in negotiations to sell about 60K tonnes of copper annually to the Chinese company Minmetals in a potential three-year deal, starting from 2019.

Mon, 08 Oct 2018 11:25:29 GMT

Evergrande Health shares drop as Faraday wants to scrap deal

The Chinese health industry group Evergrande's shares plunged 36.6% on Monday in the morning session on the EV start-up Faraday Future's intention to scrap a stake sale deal due to allegations that the payment conditions had not been fulfilled.

Mon, 08 Oct 2018 10:05:17 GMT

Italian deputy PM denies Euro exit

Matteo Salvini announced on Monday that the credit rating agencies have to be fair and that there is no possibility of Italy exiting the Euro zone.

Mon, 08 Oct 2018 10:04:45 GMT

British court blocks Google case over iPhone data collection

On Monday, the High Court in London blocked a case against Google that claimed that the company was gathering sensitive data from iPhone users.

Mon, 08 Oct 2018 09:26:42 GMT

Russia and Iran negotiate energy cooperation

Russia's Foreign Minister Sergei Lavrov hold a telephone call with Iran's Mohammad Javad Zarif over the energy cooperation between two countries on Monday.

Mon, 08 Oct 2018 09:23:56 GMT

French Connection shares jump on sale prospect

On Monday, French Connection shares surged 45%, after Britain's fashion retailer announced a possibility of sale as one of its strategic options.

Mon, 08 Oct 2018 08:28:22 GMT

UBS to face trial over tax fraud on Monday

Switzerland's UBS Group together with its French division and six senior executives are set to face trial on Monday over the alleged tax fraud by the Swiss bank in France.

Mon, 08 Oct 2018 08:24:04 GMT

Ramsay raises its cash bid for Capio to over $900M

Ramsay Générale de Santé, the French hospital operator, has sweetened its cash takeover bid for the Sweden-based healthcare provider Capio, binging the value of the company to $903M.

Mon, 08 Oct 2018 07:40:00 GMT

Prudential plans takoevers, distribution partnerships in Asia

The British insurer Prudential is planning acquisitions and distribution partnerships in Asia with the Vietnamese and Indonesian banks, it said on Monday.

Mon, 08 Oct 2018 07:37:08 GMT

H&M acquires stake in Sweden's Klarna

The fashion chain H&M is buying less than a 1% stake in the Swedish fintech firm Klarna in a deal valued at $20.39M.

Mon, 08 Oct 2018 06:37:53 GMT

Orsted to buy Deepwater in $510M deal

The world's largest offshore wind company Orsted is set to acquire the US firm Deepwater Wind in a deal worth $510M, as it seeks for expansion in the growing market.

Mon, 08 Oct 2018 06:31:47 GMT

North Korea's Kim seen to arrive in Russia soon

On Monday, South Korea's President Moon Jae-in stated that the leader of North Korea Kim Jong Un was likely to travel to Russia in the near future.

Mon, 08 Oct 2018 05:39:28 GMT

Schroders discusses potential alliance with Lloyds Banking Group

The asset manager Schroders is in talks with Lloyds Banking Group over forming the wealth management alliance, it stated on Sunday.

Mon, 08 Oct 2018 05:37:00 GMT

Walmart ties up with MGM over video-on-demand service Vudu

On Monday, Walmart announced it would collaborate with Metro Goldwyn Mayer, the US film studio, to develop content for Vudu, its video-on-demand service.

Mon, 08 Oct 2018 03:18:06 GMT

MYOB Group announces A$1.75B buyout offer from KKR

Australia's MYOB Group stated that investment firm KKR & Co proposed to buy shares in the firm for about A$1.75B after bagging a 17.6% stake from Bain Capital.

Mon, 08 Oct 2018 03:10:52 GMT

Invuo Technologies AB to file application for bankruptcy

Invuo Technologies AB announced that it decided to file an application for bankruptcy, which would include Invuo Services AB, the company's Swedish subsidiary.

Mon, 08 Oct 2018 02:36:00 GMT

China's tourist spots receive 726M visitors over holiday

China's tourism sites received 726M visits from domestic travellers over the one week holiday due to the National Day, up 9.43% year-over-year, the Ministry of Culture and Tourism stated.

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