News

Note: This section contains information in English only.
Wed, 28 Mar 2018 12:03:48 GMT

Tencent head sells one million of company's shares

Tencent Holding's President Martin Lau sold one million of the company's shares at a price $55.35 apiece, lowering his stake to 0.48% from 0.49%, according to the stock exchange statement.

Wed, 28 Mar 2018 12:03:26 GMT

Airbnb to disclose host information to China's government

The US home-rental service Airbnb is set to share host information to the China government agencies starting from the end of this week, as it has to comply with the Asian country's regulations.

Wed, 28 Mar 2018 11:35:56 GMT

Japanese Takeda considers bod for London-listed Shire

The Japanese biggest drugmaker Takeda Pharmaceutical is weighting a bid for the London-listed drugmaker Shire to expand in hyperactivity drugs, rare diseases and the United States, bringing its shares up 25%.

Wed, 28 Mar 2018 10:36:10 GMT

Internet platforms to try harder to cut out illegal content

The British Interior Minister Amber Rudd stated on Wednesday that the Internet firms such as Facebook and Twitter must put more efforts to remove malicious and illegal content online.

Wed, 28 Mar 2018 10:34:07 GMT

Saudi Arabia, Russia plan up to 20 years oil alliance

The key OPEC producer Saudi Arabia and Russia are considering a 10- to 20-year oil alliance in a deal that could extend control over the world crude supplies by the top exporters.

Wed, 28 Mar 2018 09:20:39 GMT

UK's new immigration law gets delayed

The new post-Brexit immigration law has been once more delayed. The news were announced by the Interior Minister of the country on Wednesday.

Wed, 28 Mar 2018 09:20:05 GMT

Uber's failed test creates more questions

Various interested parties have increasingly become interested in the question, why did Uber decreased the amount of safety sensors in its newest self-driving car.

Wed, 28 Mar 2018 08:35:15 GMT

SoftBank Vision Fund to invest in Saudi Arabia's solar power project

SoftBank's Vision Fund is set to invest in establishing the world's largest solar power firm in Saudi Arabia, the company stated on Tuesday, as it seeks expansion in the kingdom.

Wed, 28 Mar 2018 08:33:27 GMT

Amazon, Casino discuss Brazil electronics chain

Amazon.com and Casino Guichard Perrachon are in talks over selling or partnering with the French retailer's electronics and appliance chain in Brazil, sources reported on Tuesday.

Wed, 28 Mar 2018 07:14:18 GMT

Nvidia suspends automotive tests amid Uber car crash

On Tuesday, the chipmaker Nvidia halted its self-driving tests all over the world, following a fatal car accident that involved Uber's automotive vehicle.

Wed, 28 Mar 2018 07:11:24 GMT

Uber to pay $10M in discrimination lawsuit settlement

Uber Technologies is set to pay $10M to settle a California lawsuit filed by two women engineers, accusing the ride-hailing firm of race and gender discrimination.

Wed, 28 Mar 2018 06:36:03 GMT

Ride-hailing firm Careem renews services in Ramallah

On Wednesday, Middle East's ride-hailing firm Careem announced it had resumed its services in Ramallah, the city of Palestine, following a deal with the country's transport authorities.

Wed, 28 Mar 2018 06:33:32 GMT

US launches inquiry into Tesla's Model X fatal crash

The United States opened a probe into a fatal car accident and vehicle fire of Tesla's Model X in California last week, according to the US National Transportation Safety Board.

Wed, 28 Mar 2018 04:53:40 GMT

Asian shares decline on Wednesday morning

On Wednesday morning Asian shares declines, as global stocks continued to fall due to the concerns over tighter control over the technology industry.

Wed, 28 Mar 2018 04:53:08 GMT

Anbang chairman's trial begins

The trial process of Wu Xiaohui, who is the former chairman of Abnang Insurance, for economic crimes began on Wednesday.

Wed, 28 Mar 2018 04:26:51 GMT

Oil prices fall due to US data

News outlets on Wednesday morning blamed the increase in US crude oil inventories for the decline of oil prices back below the $70 level.

Wed, 28 Mar 2018 04:26:13 GMT

North Korea pledges denuclearization

After a meeting with Xi Jinping in China the leader of North Korea Kim Jong Un has announced that the country would denuclearize.

Wed, 28 Mar 2018 03:27:05 GMT

Fosun set to invest $3.2B in technology in next three years

China's conglomerate Fosun International, the owner of Cirque du Soleil and Club Med within the broad portfolio stated that it is set to invest $3.2B in technology in the following three years.

Wed, 28 Mar 2018 03:25:09 GMT

China's state-owned firms report 25.3% rise in profit two months

The Chinese Ministry of Finance reported that the country's state-owned business' profits increased 25.3% year-over-year in the two-month period to February.

Wed, 28 Mar 2018 02:01:33 GMT

New Zealand activity outlook rises in March

The activity outlook in New Zealand improved slightly in March, with the ANZ Activity Outlook Index rising to 21.8 from February's 20.4.

Wed, 28 Mar 2018 02:00:39 GMT

New Zealand business mood stays dark in March

The ANZ reported on Wednesday that its Business Confidence Index came in at -20.0 in March, following the preceding month's reading of -19.0.

Tue, 27 Mar 2018 20:01:06 GMT

Herc Holdings' Braiser to leave her post for personal reasons

On Tuesday, Herc Holdings revealed its CFO Barbara Braiser is set to leave her post on 30 April for undisclosed personal reasons.

Tue, 27 Mar 2018 20:00:47 GMT

Apple uncovers $299 classroom iPad

As expected, Apple has presented its updated $299 9.7-inch classroom iPad at Chicago's Lane Tech College Prep public high school's education event.

Tue, 27 Mar 2018 19:14:40 GMT

March Richmond manufacturing index misses estimates

The Federal Reserve Bank of Richmond reported on Tuesday that its manufacturing index dived to 15 in March, following a 28-point reading recorded in the prior month.

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