News

Note: This section contains information in English only.
Tue, 30 Jan 2018 07:07:15 GMT

SAP America plans to acquire Callidus for $2.4B

On Monday, Germany's business software company SAP announced its unit SAP America would acquire a cloud-based HR software firm Callidus Software in a deal worth $2.4B.

Tue, 30 Jan 2018 05:51:44 GMT

British PM promises to hold frank trade talks with China this week

The British Prime Minister Theresa May assured that the UK would hold ‘frank discussions' with China later this week in an attempt to strengthen their bilateral trade relations.

Tue, 30 Jan 2018 05:51:26 GMT

India's Ola announces plan to enter Australia

The Indian ride-hailing firm Ola plans to enter the Australian market as of early 2018, thus providing competition to its US rival Uber Technologies Inc.

Tue, 30 Jan 2018 05:22:24 GMT

Qualcomm to settle first fine instalment with Taiwan

The US-based chipmaker Qualcomm Inc is set to make its first instalment of $13.35M for violating anti-trust rules, the Taiwan Fair Trade Commission told media on Tuesday.

Tue, 30 Jan 2018 05:14:44 GMT

P2P lending picks up speed in Indonesia

Peer-to-peer lending has increased popularity in Indonesia, as limited access to funds has created around $73B of financing shortage.

Tue, 30 Jan 2018 04:34:38 GMT

Japan retail sales grow 3.6% in December

The METI stated that Japan's retail sales expanded 3.6% year-on-year over the course of December, surpassing expectations for a 2.1% growth pace.

Tue, 30 Jan 2018 04:29:55 GMT

Australia's business confidence at 5-month high

The National Australia Bank stated that the country's Business Confidence Index rose to the strongest level in five months of 11 in December, following an upwardly revised 7 points in the prior month.

Mon, 29 Jan 2018 20:55:26 GMT

Lighthizer dismisses Canada's proposal to unblock NAFTA

The US Trade Representative Robert Lighthizer dismissed Canada's proposal to unblock NAFTA modernisation talks on Monday but said that the US would remain in negotiations.

Mon, 29 Jan 2018 20:51:54 GMT

Colombia holds off peace talks with ELN rebels due to bomb attacks

The Colombian President Juan Manuel Santos ceased peace talks with rebels on Monday in response to several bomb attacks over the weekend.

Mon, 29 Jan 2018 19:54:33 GMT

EU proposes Brexit transition deal under its conditions

The EU has proposed a post-Brexit transition deal that would grant the UK membership advantages for 21 months if new EU laws were not blocked during this period.

Mon, 29 Jan 2018 19:53:56 GMT

Ford gets approval to offer Chariot bus service in London

The British traffic regulator Transport for London approved on Monday Ford's request for a permission to operate its Chariot bus services in the city.

Mon, 29 Jan 2018 19:22:56 GMT

Amazon opens new Seattle rainforest office space

On Monday, the world's largest online retailer Amazon opened its first Seattle-based rainforest-like office space worth $4B.

Mon, 29 Jan 2018 19:05:43 GMT

France, Britain boycott Russia's congress on Syria

France and the United Kingdom reported on Monday that they would not attend next week's Syrian peace congress in Russia.

Mon, 29 Jan 2018 18:30:24 GMT

Lockheed Martin reports better-than-expected 2017 Q4 results

Lockheed Martin reported on Monday that its aeronautics sales surged 11.8% to $6.05B in the Q4 of 2017, beating analysts' expectations.

Mon, 29 Jan 2018 18:24:09 GMT

Apple drags Wall Street lower

Major US indexes dropped on Monday, easing from record levels hit last week, weighed down by a slump in Apple shares amid concerns over weaker demand for the iPhone X.

Mon, 29 Jan 2018 17:11:08 GMT

Mexican Finance Minsiter: NAFTA to be finalised soon

Mexico's Economy Minister Ildefonso Guajardo reported on Monday that the NAFTA renegotiation would be finalised soon.

Mon, 29 Jan 2018 17:07:40 GMT

Avon shareholders call for company sale

On Monday, shareholders of Avon, a manufacturer and marketer of beauty and related product, called on the Board to consider a possible sale of the company.

Mon, 29 Jan 2018 16:11:36 GMT

US personal spending climbs 0.4% in December

Official data released on Monday showed that personal spending increased 0.4% in December, after surging 0.8% in the preceding month, whereas analysts anticipated a 0.5% climb.

Mon, 29 Jan 2018 16:10:49 GMT

Core PCE rises in line with forecasts last month

The Bureau of Economic Analysis reported on Monday that its core PCE Price Index rose 0.2% in December, following the prior month's gain of 0.1% and meeting analysts' expectations.

Mon, 29 Jan 2018 15:34:59 GMT

EU's Tusk calls on Czech President for cooperation

On Monday, the EU leader Donald Tusk called on the Czech President Milos Zeman to cooperate with the bloc, after his re-election.

Mon, 29 Jan 2018 15:29:52 GMT

Keurig Green Mountain to buy Dr Pepper Snapple

Keurig Green Mountain is eager to acquire Dr Pepper Snapple for more than $21B, bringing beverages such as Snapple, Sunkist and 7UP and word's largest single serve coffee brand K-Cup under one roof.

Mon, 29 Jan 2018 14:34:44 GMT

NAFTA trade deal talks set to continue

NAFTA ministers are planning to announce on Monday that negotiations to revamp the trade deal are set to continue despite major disagreements.

Mon, 29 Jan 2018 14:26:14 GMT

Amazon.com launches rainforest-like office space

On Monday, Amazon.com is set to open its own rainforest-like office in Seattle, hoping a new working space will help employees to get inspired by new ideas.

Mon, 29 Jan 2018 12:52:36 GMT

VW supervisory board urges for probe into diesel fume tests

On Monday, Volkswagen's supervisory board demanded to launch an immediate investigation into who had ordered scientific tests that involved monkeys exposed to poisonous diesel fumes.

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