News

Note: This section contains information in English only.
Mon, 19 Mar 2018 21:15:34 GMT

France to tighten control on unemployed

The French government plans to impose stricter rules on the unemployed by increasing penalties among other measures, the Ministry of Labour reported on Monday.

Mon, 19 Mar 2018 21:06:35 GMT

EU's Moscovici says protectionism is risk to global economic growth

The European Commissioner for Economic and Financial Affairs Pierre Moscovici noted on Monday that protectionism could damage global economic growth and thus should be avoided.

Mon, 19 Mar 2018 20:11:07 GMT

IEX Group asks for stricter corporate governance standards

The US-based stock exchange IEX Group has requested US regulators to approve a corporate listings program aimed at improving corporate governance standards for listed companies.

Mon, 19 Mar 2018 20:02:24 GMT

SEC awards $83M to Merrill Lynch whistle-blowers

The US Securities and Exchange Commission has granted $83M to three whistle-blowers in relation to the Merrill Lynch case of misused customer cash in 2016.

Mon, 19 Mar 2018 18:56:14 GMT

White House: Trump blocks Venezuelan cryptocurrencies in US

According to a statement by the White House, the US President Donald Trump blocked on Monday the use of Venezuelan cryptocurrencies within the United States.

Mon, 19 Mar 2018 18:54:51 GMT

Oil prices fall amid weaker US stocks, growing crude supply

Oil prices edged lower on Monday, as a plunge in US stocks and concerns over increased global crude supply weighted negatively on the commodity.

Mon, 19 Mar 2018 18:22:35 GMT

VW to invest $340M in Tennessee plant to build new SUVs

The German car manufacturer Volkswagen AG is set to announce a plan to invest $340M in its Tennessee plant to satisfy the increasing demand for new SUVs.

Mon, 19 Mar 2018 17:57:39 GMT

Reuters: Dropbox's IPO acquires large interest

The initial public offering of the cloud storage firm Dropbox Inc is oversubscribed, thus showing healthy demand for tech stocks this year, Reuters reported on Monday.

Mon, 19 Mar 2018 16:57:11 GMT

White House appoints former GM, Microsoft CFO as senior policy official

Christopher Liddell, the former Chief Financial Officer of General Motors Co and Microsoft Corp, has been appointed the US Deputy Chief of Staff for Policy Coordination.

Mon, 19 Mar 2018 16:56:58 GMT

WTO in talks with US about reforms, says Azevedo

The Director-General of the WTO Roberto Azevedo explained on Monday that the organisation was conducting talks with the US about possible internal reforms.

Mon, 19 Mar 2018 16:07:05 GMT

UK's government, FCA to assess risks from cryptocurrencies

The British Economic Secretary to the Treasury and City John Glen said the government and the FCA would examine in detail potential risks from digital currencies.

Mon, 19 Mar 2018 15:58:19 GMT

Sky News: RBS plans development of digital bank

The Royal Bank of Scotland planned to create a digital bank, thus providing app-only services with low fees, Sky News reported this Monday.

Mon, 19 Mar 2018 15:33:17 GMT

HNA seeks selling properties across China

According to a Bloomberg report published on Monday, the Chinese HNA Group seeks to sell $2.2B worth properties across Chia, including hotels and office buildings.

Mon, 19 Mar 2018 15:28:47 GMT

Sherborne gains control of Barclays' 5% stake

Sherborne Investors took control of a 5% stake in Barclays, a move that is expected to herald the British bank's shake-up on the back of its struggles to maintain pace with the US investment banking rivals.

Mon, 19 Mar 2018 14:35:30 GMT

Japan, US, South Korea meet over North Korea's summits

According to the South Korean Presidential Blue House, the country's Security Adviser met with his counterparts from the US and Japan for talks over North Korea and its nuclear missile programme.

Mon, 19 Mar 2018 14:33:09 GMT

Britain and EU agree Brexit transition deal

Britain agreed on Monday on a deal with the European Union to escape a "hard border" for Northern Ireland and win the bloc's accord, which implies the maintenance of the EU benefits after Brexit.

Mon, 19 Mar 2018 13:34:37 GMT

France calls for tough EU approach against Iran over nuclear deal

On Monday, France called on the EU bloc to impose new sanctions on Iran due to the country's involvement in the Syrian civil war and the nuclear missile programme.

Mon, 19 Mar 2018 13:21:42 GMT

UK chipmaker ARM to be relisted by SoftBank

According to SoftBank's senior executive, the Japanese conglomerate could relist the British chipmaker ARM Holding, saying that the IPO could be an exit strategy for SoftBank's investment fund.

Mon, 19 Mar 2018 12:33:34 GMT

Large retail firms call on Trump to lift China tariffs

Walmart, Best Buy, Target and other large retailers urged the US President Donald Trump on Monday to abandon the tariffs imposition on China's goods, in an official letter addressed to the White House.

Mon, 19 Mar 2018 12:25:05 GMT

Facebook shares fall amid data misuse reports

Shares of Facebook plunged 4% on Monday following media reports over data misuse, as a political consultancy gained unauthorised access to 50M Facebook users' data.

Mon, 19 Mar 2018 11:12:19 GMT

Co-head of Goldman Sachs International to become German Deputy Finance Minister

The Managing Director of Goldman Sachs International Joerg Kukies is to be appointed the Deputy Finance Minister in the newly-formed German government, the ministry said on Monday.

Mon, 19 Mar 2018 11:00:17 GMT

Shanghai Stock Exchange approves Didi Chuxing's shelf offering

The Shanghai Stock Exchange has permitted a shelf offering by China's ride-hailing enterprise Didi Chuxing worth $1.58B, the company confirmed on Monday.

Mon, 19 Mar 2018 10:35:32 GMT

Home24 cuts losses amid listing plans

The German Ikea's rival Home24 is seeking to trim its losses in the Q4, following the information that the company is planning listing in the stock market.

Mon, 19 Mar 2018 10:34:13 GMT

Trump to reveal plan to halt opioid crisis

On Monday, the US President Donald Trump is eager to reveal his plan to combat the crisis of opioid addiction, which includes death penalty for the drug dealers.

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