News

Note: This section contains information in English only.
Mon, 09 Apr 2018 16:29:34 GMT

Rakuten receives approval for mobile services

Rakuten stated that it got an approval by the government for wireless operations, as Japan's e-commerce firm expands its operations into the market.

Mon, 09 Apr 2018 15:32:10 GMT

Samsung C&T considers raising $2.8B to buy shares of biopharma affiliate

Samsung C&T, de facto holding firm of Samsung Group, was mulling raising of nearly $2.8B to buy a stake of 30% in Samsung Bioepis.

Mon, 09 Apr 2018 15:31:04 GMT

Uber decides to purchase JUMP bikes

Ride-hailing business Uber announced that it agreed to buy JUMP Bikes, the electric cycle-sharing service, in a bid to provide an alternative to cars.

Mon, 09 Apr 2018 15:03:43 GMT

Deutsche Bank new CEO challenges are revealed

The new CEO of Deutsche Bank Christian Sewing has been revealed to be battling with coming up a new strategy for the bank, which has experienced three years of losses.

Mon, 09 Apr 2018 13:13:28 GMT

SandRidge is set to evaluate buyout offers

SandRidge Energy Corporation is preparing to evaluate various buyout offers. Among the offers is one from the top shareholder Carl Icahn.

Mon, 09 Apr 2018 13:00:49 GMT

Oil prices rise on Monday

On Monday oil prices continued to rise, as they were recovering from the Friday's decline. Some media accredited the recent moves to a US-China trade war scare.

Mon, 09 Apr 2018 13:00:40 GMT

Buhari wants to run in elections

The President of Nigeria Muhammadu Buhari has announced that he will run for re-election in the 2019 election.

Mon, 09 Apr 2018 11:50:31 GMT

Kuroda comments on monetary policy

The Governor of the Bank of Japan on Monday announced that the central bank will eventually have to normalize its ultra-easy monetary policy.

Mon, 09 Apr 2018 11:50:20 GMT

Hilton gets second offer

Hilton Worldwide Holding's stock is being bought heavily by China's HNA Tourism Group, which wants to acquire additional 63 million shares.

Mon, 09 Apr 2018 11:34:45 GMT

North Korea's Foreign Minister visit Moscow

According to the TASS new outlet's report, the Foreign Minister for North Korea Ri Yong Ho has already arrived in Moscow this Monday for a scheduled visit.

Mon, 09 Apr 2018 10:37:41 GMT

Iran: Trump to regret pulling out of nuclear deal

On Monday, the Iranian President Hassan Rouhani stated that the US leader Donald Trump would regret dropping out of Iran's nuclear accord and vowing that Tehran would respond tougher than he might think.

Mon, 09 Apr 2018 10:33:36 GMT

Tesla to call off around 9K cars in China this summer

According to the Chinese quality watchdog, Tesla is planning to recall 8,898 Model S cars in China from June 28 to replace bolts in the vehicles' power steering component.

Mon, 09 Apr 2018 09:38:12 GMT

Alibaba's funding brings SenseTime's value to $4.5B

China's facial recognition tech developer SenseTime signed a $600M funding round with Alibaba Group, bringing the company's value to about $4.5B.

Mon, 09 Apr 2018 09:34:37 GMT

Viacom calls on CBS to lift bid by $2.8B

According to sources familiar with the issue, Viacom asked CBS to raise its merger bid by nearly $2.8B or more, indicating the sufficient gap in the price expectations of the US media company.

Mon, 09 Apr 2018 08:39:13 GMT

Xiaomi seeks suppliers to set up base in India

The Chinese tech company Xiaomi is seeking its smartphone component suppliers to invest in India by setting up a base that could potentially bring about $2.5B of investment to the country and create 50K jobs.

Mon, 09 Apr 2018 08:35:31 GMT

German exports drop to its lowest since 2015

Germany's seasonally adjusted exports posted their biggest drop of 3.2% in February since August 2015, according to the Federal Statistic Office data revealed on Monday.

Mon, 09 Apr 2018 07:35:28 GMT

Hungarian PM Orban wins another term in power

On Sunday, Hungary's Prime Minister Viktor Orban won his third term in power on the back of a strong majority for Orban's party in the Parliament, following his anti-immigration campaign message.

Mon, 09 Apr 2018 07:29:44 GMT

BoJ's Governor Kuroda to hold meeting with PM Abe

The Japanese Prime Minister Shinzo Abe and the Governor for the Bank of Japan Haruhiko Kuroda are set to meet on Monday, following the BoJ head's official reappointment for his next five-year term.

Mon, 09 Apr 2018 06:32:18 GMT

Dubai cryptocurrency firm rebuffs Alibaba's trademark infringement

The cryptocurency company based in Dubai Alibabacoin Foundation has denied the trademark infringement allegations filed against it in the US lawsuit by China's retailer Alibaba Group Holding.

Mon, 09 Apr 2018 06:27:08 GMT

US confirms Russia not involved in Arizona 2016 election database hack

The Trump Administration confirmed on Sunday that Russia's government had not been behind the Arizona database hacks during the 2016 Presidential election in the United States.

Mon, 09 Apr 2018 05:34:36 GMT

Adidas to shut down stores amid online push

According to the CEO Kasper Rorsted, Adidas is planning to close a number of its physical stores in the nearest future, as the company seeks to develop its e-commerce sales.

Mon, 09 Apr 2018 05:29:53 GMT

California to introduce new automotive car rules to pick up passengers

California's public utility regulator is planning to allow self-driving car firms to make passenger transportation without a back-up driver, despite the automotive industry faces scrutiny on safety concerns.

Mon, 09 Apr 2018 04:39:57 GMT

North Korea ready to discuss denuclearisation with US

According to a US official, North Korea is eager to discuss the Korean peninsula's denuclearisation with the United States at the official meeting between Kim Jong Un and Donald Trump.

Mon, 09 Apr 2018 04:34:36 GMT

Zuckerberg to hold meeting with US lawmakers on Monday

Facebook's CEO Mark Zuckerberg is set to meet some US lawmakers this Monday, right ahead of the Congressional hearings over the private user data scandal.

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