News

Note: This section contains information in English only.
Wed, 05 Sep 2018 19:04:26 GMT

Russian, US top officials to discuss Syria

The Russian Foreign Minister Sergei Lavrov and the US Secretary of State Mike Pompeo plan to discuss the situation in Syria on the sidelines of the United Nations General Assembly in New York.

Wed, 05 Sep 2018 18:13:30 GMT

UN chief asks Mauritanians for peaceful elections

The UN Secretary-General Antonio Guterres asks the people of Mauritania for the peaceful conduct of elections in their country.

Wed, 05 Sep 2018 18:12:30 GMT

Security Council supports political process in Yemen

The members of the United Nations Security Council support the UN-led political process in Yemen, the statement released on Wednesday shows.

Wed, 05 Sep 2018 17:26:13 GMT

China, Singapore to strengthen military cooperation

The State Councilor and Minister of National Defence Wei Fenghe met with Singapore's Chief of Defence Force Lieutenant-General Melvyn Ong to discuss military cooperation between two countries.

Wed, 05 Sep 2018 17:25:24 GMT

Togolese president meets with senior Chinese official

The Togolese President Faure Gnassingbe met with the senior Communist Party of China official Wang Huning after the 2018 Beijing Summit of the Forum on China-Africa Cooperation.

Wed, 05 Sep 2018 16:28:56 GMT

Shinhan Financial to take majority stake in ING's former unit

On Wednesday, Shinhan Financial Group announced it would acquire a 59.15% stake in its former South Korean unit Orange Life Insurance in a $2.06B deal.

Wed, 05 Sep 2018 16:28:00 GMT

Citi wins tender to acquire Israel's Bank Leumi stake

Citi has won a tender to acquire the rest of the Israeli government 5.37% stake in the country's second biggest bank Leumi, according to the Finance Ministry report on Tuesday.

Wed, 05 Sep 2018 15:01:39 GMT

SS&C Technologies close to acquiring Intralinks

SS&C Technologies Holdings, the financial software company, is getting closer to a deal to acquire the data-sharing platform Intralinks, in its third significant takeover this year.

Wed, 05 Sep 2018 15:01:23 GMT

Eldorado to form JV with William Hill's US business

The US gambling unit of the betting firm William Hill has clinched a joint venture deal with Eldorado Resorts, the US casino operator, as the UK company seeks further expansion in the US market.

Wed, 05 Sep 2018 14:09:31 GMT

Suzuki Motor to move 50% stake in China JV amid sluggish sales

Suzuki Motor is planning to transfer its 50% stake in China's automaking JV to Chongquing Changan Automobile as poor sales prompt the company to retreat from the market.

Wed, 05 Sep 2018 14:01:18 GMT

China's Jianke Pharma attracts $130M before US IPO

Jianke Pharmaceuticals, China's online pharmacy, stated on Tuesday it had raised $130M in a private funding round ahead of the planned IPO in the United States in 2019.

Wed, 05 Sep 2018 13:39:17 GMT

Getty family to take Carlyle Group's stake in Getty Images

On Tuesday, the Getty family stated it would buy Carlyle Group's controlling stake in Getty Images, terminating 10 years of the private equity control.

Wed, 05 Sep 2018 12:30:03 GMT

Transocean to acquire Ocean Rig for $2.7B

On Tuesday, Transocean, the offshore oil driller, is set to acquire Ocean Rig peer in a $2.7B cash-deal, seeking to recover in the offshore sector.

Wed, 05 Sep 2018 12:25:42 GMT

JPMorgan becomes adviser on Hesperia's NH Hoteles stake

Hesperia, the Spanish hotel group, hired JPMorgan as an adviser on the options for its 8% stake in the local peer NH Hoteles, sources reported on Tuesday.

Wed, 05 Sep 2018 11:39:34 GMT

Southwestern Energy agrees to sell its Fayetteville shale arm

Southwestern Energy, the gas and oil producer, is set to sell its shale assets of Fayetteville in Arkansas to the privately-held Flywheel Energy LLC for $1.87B.

Wed, 05 Sep 2018 11:37:22 GMT

Alior, Millennium seeks buying SocGen's Polish bank

Poland's Alior and Portugal's Millennium are bidding to acquire Societe Generale's Polish business Eurobank, according to banking sources familiar with the matter.

Wed, 05 Sep 2018 09:55:03 GMT

Head of OPEC comments on oil output

The Secretary General of OPEC Mohammad Barkindo on Wednesday announced that global oil consumption will reach 100 million barrels per day in 2018.

Wed, 05 Sep 2018 09:54:12 GMT

South Koreans meet with North Koreans

A delegation of envoys from South Korea on Wednesday met with the representatives and the leader of North Korea, on Wednesday.

Wed, 05 Sep 2018 09:26:22 GMT

China's Zijin Mining to make $1.41B takeover bid for Canada's Nevsun

On Wednesday, Canada's Nevsun Resources has agreed for a takeover bid that will be made by China's Zijin Mining Group worth $1.41B in cash.

Wed, 05 Sep 2018 09:19:30 GMT

Hengli, Norinco consider buying CEFC stake in Abu Dhabi oilfields

The privately-owned Hengli Group and the Chinese unit of state defence firm Norinco are in talks to acquire CEFC's stake in in the Abu Dhabi oilfields, according to sources.

Wed, 05 Sep 2018 08:08:18 GMT

Amazon India launches Hindi version of its website, app

On Tuesday, Amazon.com India has released a Hindi version of the mobile website and Android app, seeking to expand in the Indian e-commerce market amid battle with its Walmart's rival Flipkart.

Wed, 05 Sep 2018 08:04:17 GMT

Investa to consider $2.4B offer from Oxford

Australia's Investa Office Fund stated it would weigh a $2.4B takeover offer from the Canadian Oxford Properties Group, delaying the vote on the Blackstone bid.

Wed, 05 Sep 2018 07:34:53 GMT

EU seeks adoping digital tax by 2018-end

EU Finance Ministers are set to hold talks this week over a possible adoption of a tax on firms' digital turnover by this year's end, according to the Austrian presidency.

Wed, 05 Sep 2018 07:31:36 GMT

Indonesia's Go-Jek to cooperate with P2P lending firms

Indonesia's online payment and ride-hailing firm Go-Jek is set to partner with peer-to-peer lending companies amid its intention to expand the financial technology services in the country.

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