News

Note: This section contains information in English only.
Thu, 20 Sep 2018 09:51:19 GMT

Shinzo Abe gains party support

The Prime Minister of Japan Shinzo Abe on Thursday won the leadership vote of his party. This event sets him on track to become the most long-lasting PM of the country.

Thu, 20 Sep 2018 09:33:56 GMT

Samsung affiliates plans sale of their entire stakes in tech group

On Thursday, two Samsung Group units stated they would sell their entire stakes in the conglomerate worth $867M, as the tech giant was urged to unwind the company's cross-shareholdings.

Thu, 20 Sep 2018 09:30:03 GMT

Total finalises Direct Energy and EV charging firm takeover deals

France's Total announced it had completed its takeover deals of the e-vehicle charging solutions firm and Direct Energy, the alternative power supplier, as part of the company's expansion in the local electricity market.

Thu, 20 Sep 2018 08:22:52 GMT

Dominion Energy to acquire rest of DEMP

Dominion Energy announced it would acquire the rest of stake in Dominion Energy Midstream Partners in the all-stock deal that would value the company at around $2.2B.

Thu, 20 Sep 2018 08:22:29 GMT

Coca-Cola nears acquisition of Nigeria's Chi juice

Coca-Cola is getting closer its plans to acquire Nigeria's Chi Ltd, the country's leading juice company, seeking to complete the takeover deal in the beginning of the next year.

Thu, 20 Sep 2018 07:00:28 GMT

IPO of Lilly's Elanco priced at $24 per shares

On Wednesday, Lilly's Elanco animal health unit's initial public offering was priced over the anticipated range at $24 a share, bringing the company's total value to $8.55B.

Thu, 20 Sep 2018 06:40:21 GMT

Miner Rio Tinto to return shareholders $3.2B of shares

Rio Tinto, the global miner, has announced on Thursday a $3.2B share buyback programme, after the recent sale of its Australia's assets.

Thu, 20 Sep 2018 06:38:06 GMT

Aston Martin plans £5.0B worth IPO in October

On Thursday, Britain's luxury carmaker Aston Martin stated it expected the valuation of about £5.07B in its October initial public offering, after setting its price range of £17.50-£22.50 per share.

Thu, 20 Sep 2018 05:29:53 GMT

Meituan jumps 5% on debut in positive sign for HK IPOs

Meituan Dianping jumped on debut in Hong Kong, valuing China's online food delivery-to-ticketing services company at about $55B, with a positive sign to firms lining up to list in the financial hub.

Thu, 20 Sep 2018 05:26:46 GMT

Britain's regulator fines Equifax for 2017 security breach

The UK regulator on Thursday fined Britain's arm of credit reference firm Equifax £500K pounds for failing to protect personal data of up to 15M people in Britain during a cyber attack in 2017.

Thu, 20 Sep 2018 04:03:11 GMT

Delta joins JetBlue, United in rising US baggage fees

Delta Airlines, the second-biggest US airline, joined other major companies, including JetBlue and United, in rising the US flight baggage fees to $30.

Thu, 20 Sep 2018 03:57:32 GMT

Amazon thinks to open up to 3K cashierless shops by 2021

Amazon.com was considering the company's plan to open 3K of Amazon Go cashierless stores in the following years, Bloomberg reported, citing sources familiar with the matter.

Thu, 20 Sep 2018 02:35:08 GMT

Merkel calls for respectful Brexit

Angela Merkel, the German Chancellor, called for respect and friendliness in the negotiations between the UK and the EU, seeking closer ties after Brexit.

Thu, 20 Sep 2018 02:32:31 GMT

Canada urges more flexibility by US in NAFTA

Justin Trudeau, the Canadian Prime Minister, stated that he wanted to see some flexibility from the US, if the two sides are set to reach an agreement on renewing NAFTA.

Wed, 19 Sep 2018 19:58:54 GMT

China and Japan representatives meet to discuss political relations

The vice chairman of the Standing Committee of the National People's Congress of China, Ji Bingxuan, meets with Kaieda Banri, a member of Japan's House of Representatives in Beijing to discuss political relations between two countries.

Wed, 19 Sep 2018 19:57:29 GMT

German economic momentum to weaken

The German economic momentum is likely to weaken significantly in 2018 as a consequence of a global trade war initiated by the US, a study by the German Economic Institute shows.

Wed, 19 Sep 2018 19:12:15 GMT

Cyprus and Egypt plan to build gas pipe

Cyprus and Egypt signed an agreement to construct an underwater pipeline to deliver natural gas to Egypt, a statement released by the Noble Energy consortium shows.

Wed, 19 Sep 2018 19:09:33 GMT

Yemen's central bank increases interest rates

Yemen's central bank increased interest rates on deposits to 27% to combat riyal depreciation, the state-run Saba news agency reports.

Wed, 19 Sep 2018 17:48:22 GMT

Nepal Bank CEO: huge opportunities for banks in Nepal and China

Nepali banks have a lot opportunities to facilitate trade and investment between Nepal and China as economic growth improves, a top official of Nepal Bank says.

Wed, 19 Sep 2018 17:47:01 GMT

Ukraine: friendship treaty with Russia terminates

The Treaty on Friendship, Cooperation and Partnership between Ukraine and Russia terminates on Wednesday, the Ukrainian President Petro Poroshenko says.

Wed, 19 Sep 2018 17:30:09 GMT

Greece discusses refugees ahead of informal EU Summit

The Greek government discussed the migration policy with the visiting European Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos ahead of an informal EU Summit in Salzburg, Austria.

Wed, 19 Sep 2018 17:29:06 GMT

G7 ministers gather in Canada to discuss climate

Environmental and energy ministers gathered in Canada for a three-day meeting focused on climate change, clean energy and ocean conservation.

Wed, 19 Sep 2018 16:20:42 GMT

CVC picks banks to lead IPO of Domestic & General

The private equity group CVC has selected Bank of America Merrill Lynch, Credit Suisse to lead its IPO of the London-based warranty provider Domestic & General.

Wed, 19 Sep 2018 16:14:03 GMT

Amazon, India's Samara acquire retail chain More for $580M

Amazon.com and India's private equity group Samara Capital have acquired Aditya Birla Group's retail chain More in a deal valuing the company at $580.35M.

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