News

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Tue, 29 May 2018 19:32:16 GMT

Chinese Councilor meets Bolivian FM

The Chinese State Councilor Yang Jiechi and the Foreign Minister Wang Yi met with the Bolivian Foreign Minister Fernando Huanacuni Mamani on Tuesday in Beijing.

Tue, 29 May 2018 17:55:44 GMT

Nestle plans to cut 500 IT jobs in Switzerland

The global food producer Nestle plans to cut as many as 500 IT-related jobs in Switzerland as part of a plan to boost profitability.

Tue, 29 May 2018 17:54:47 GMT

China: US trade decision contrary to bilateral consensuses

The US trade statement is different from the consensuses the two countries have previously reached in Washington, the Chinese Ministry of Commerce says.

Tue, 29 May 2018 17:38:04 GMT

French former FM placed under investigation

The former French Finance Minister Eric Woerth was placed under formal investigation on Tuesday as part of an investigation into funds received from the former Libyan leader Muammar Gaddafi to finance Nicolas Sarkozy 2007 election campaign.

Tue, 29 May 2018 17:36:59 GMT

White House: Abe to visit US in June

The Japanese Prime Minister Shinzo Abe plans to visit Washington on June 7 before the meeting between the leaders of Pyongyang and Washington, the White House says.

Tue, 29 May 2018 15:53:48 GMT

Israeli air force strikes targets in Gaza

The Israeli air force made a massive air strike on the Gaza Strip on Tuesday, targeting a tunnel crossing between Egypt and Israel, the Israeli military says.

Tue, 29 May 2018 15:53:01 GMT

Kremlin: Abramovich has right to be Israeli citizenship

The Russian tycoon Roman Abramovich has every right to get Israeli citizenship, the Kremlin spokesman Dmitry Peskov says.

Tue, 29 May 2018 15:45:05 GMT

EU military aviation training starts in Bulgaria

A military aviation training, involving several EU member states, started in Bulgaria, the Ministry of Defence reports.

Tue, 29 May 2018 15:44:22 GMT

Putin, Erdogan want political solution to Syrian crisis

The Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin on Tuesday discussed a political solution to the Syrian crisis.

Tue, 29 May 2018 14:39:37 GMT

Estra suspends listing amid Italy's market turmoil

Italy's Estra had to delay its planned listing on Milan's bourse due to a market turmoil, the local utility stated on Tuesday.

Tue, 29 May 2018 13:39:01 GMT

Rocket Internet aims to invest $3B in fintech and AI

On Tuesday, the German firm Rocket Internet stated it was planning to invest about $3B in artificial intelligence and financial technologies, seeking for new opportunities in technology sector.

Tue, 29 May 2018 13:35:35 GMT

Uber seeks reviving services in Abu Dhabi

Uber technologies, the US ride-hailing firm, is in negotiations to revive its services in Abu Dhabi, following two-year suspension.

Tue, 29 May 2018 12:02:15 GMT

Portugal rejects Altice's remedies in Media Capital takeover

Portugal's antitrust body has rejected the Dutch-based Altice's market remedies to secure a takeover of the TVI channel owner Media Capital.

Tue, 29 May 2018 11:57:22 GMT

Bain Capital to purchase Piraeus Bank's $1.7B bad loans

On Tuesday, the Greek biggest lender Piraeus Bank stated that Bain Capital had agreed to acquire a $1.7B portfolio of secured and non-performing business loans, as it seeks to lower its bad debts.

Tue, 29 May 2018 09:51:14 GMT

Erdogan and Putin discuss recent developments

On Tuesday, the Presidents of Russia and Turkey discussed over the phone the economic relations of the two countries, developments in Syria and the energy sector.

Tue, 29 May 2018 09:50:40 GMT

Tuesday's events confirm that US-NK summit will occur

It was revealed by various media on Tuesday that the North Korean government has sent diplomats to both the United States and Singapore. This was a clear indication that the diplomats were making arrangements for the upcoming summit.

Tue, 29 May 2018 09:06:00 GMT

Abe-Trump meeting set ahead of expected North Korea-US summit

On Monday, the White House stated it had been confirmed that a meeting between Japan's PM Shinzo Abe and the US President Donald Trump would take place before the North Korea-US summit.

Tue, 29 May 2018 09:00:57 GMT

Yandex presents $160 worth smart speaker for PA "Alice"

On Tuesday, Russia's Yandex has launched a smart speaker worth $160 to work together with its personal assistant called "Alice", which can check smartphone bills, order pizza or purchase plane tickets.

Tue, 29 May 2018 08:35:52 GMT

IWG rejects Prime Opportunities Investment's bid approach

On Tuesday, Prime Opportunities Investment, the US real-estate investment firm, stated that IWG had rejected its proposal approach for the UK serviced office provider.

Tue, 29 May 2018 08:31:27 GMT

Vitol seeks to sell $2.3B worth stake in Viva Energy

On Tuesday, Vitol, the global energy trader, is planning to sell a 60% stake worth around $2.3B in Australia's Viva Energy float in July, sources familiar with the matter stated.

Tue, 29 May 2018 07:03:48 GMT

KWS makes non-binding bid for Bayer's seed unit

KWS Saat, the German seed distributor, has made a non-binding offer on Tuesday for Bayer's vegetable seed division, a business that Bayer had already agreed on selling it to BASF amid Monsanto merger.

Tue, 29 May 2018 07:03:30 GMT

JAB Holdings plans Pret A Manger $2B takeover

JAB Holdings will acquire the UK sandwich chain Pret A Manger in a takeover deal valued at $2B including debt, according to the Financial Times report late on Monday.

Tue, 29 May 2018 06:34:24 GMT

China's Ningbo in talks to acquire Germany's Grammer

The Chinese firm Ningbo Jifeng Auto Parts is in negotiations to buy Germany's auto supplier Grammer, in a deal that could value the firm at about $874M.

Tue, 29 May 2018 06:30:08 GMT

ITV seeks entering into $1.33B JV with BBC

According to the Telegraph newspaper, the UK broadcaster ITV is planning to enter into a $1.33B joint venture with BBC, as it seeks to acquire 50% of its UKTV broadcaster's stake.

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