News

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Mon, 29 Jan 2018 12:52:28 GMT

Apple plans to halve Q1 iPhone X production target

According to Nikkei, Apple has notified suppliers that it is set to reduce by half its production target of iPhone X for the Q1 to about 20M units.

Mon, 29 Jan 2018 11:59:20 GMT

France's businessman Veyrat becomes KKR's Senior Adviser

Investment & private equity company KKR appointed the French businessman Jacques Veyrat as its Senior Adviser amid firm's intention to build up its presence in France.

Mon, 29 Jan 2018 11:42:44 GMT

Playtika to invest $400M in Israeli tech firms

On Monday, the mobile games developer Playtika stated it was planning to invest about $400M in Israel's consumer Internet and digital entertainment companies as well as globally.

Mon, 29 Jan 2018 11:09:02 GMT

Israeli PM off to Moscow for Syria talks

On Monday, the Prime Minister of Israel Benjamin Netanyahu boarded a plane to Moscow to discuss Israel's concerns over Iran's military foothold expansion in Syria with Vladimir Putin.

Mon, 29 Jan 2018 11:07:39 GMT

German import prices up 0.3% in December

According to the data released by Destatis on Monday, German import prices jumped 0.3% over the course of December, matching expectations.

Mon, 29 Jan 2018 10:04:31 GMT

Foxconn, Alibaba lead $350M funding in EV start-up

Alibaba Group and Foxconn Technology led a $347.74M funding in China's electric vehicle maker Xiaopeng Motors amid escalating competition in the NEV market.

Mon, 29 Jan 2018 09:50:58 GMT

Sanofi agrees to buy Ablynx for $4.8B

France's drugmaker Sanofi is buying Belgian biotech firm Ablynx for $4.8B, beating Novo Nordisk's bid and marking another big deal in the same month after acquiring Bioverativ .

Mon, 29 Jan 2018 09:21:41 GMT

Japan's Rakuten to buy Asahi Fire & Marine for $415M

The Japanese Rakuten is planning to acquire Asahi Fire & Marine Insurance in a deal worth around $415M as it seeks to boost its financial services.

Mon, 29 Jan 2018 09:19:05 GMT

Czech PM Babis to keep talks on new government

On Monday, the Czech Prime Minister Andrej Babis stated he would continue negotiations with parties that might support a new government, after the President's re-election gave him some time for talks.

Mon, 29 Jan 2018 08:32:15 GMT

Austria's FPO nominee rejects President's call to quit

An Austrian far-right FPO top candidate Udo Landbauer rejected the President's call to resign, following the reveal of its fraternity's distribution of Nazi content song books.

Mon, 29 Jan 2018 08:24:36 GMT

About 1.5K evacuated in Paris region amid flood risk

Around 1.5K people were evacuated in Paris region on Sunday, following authorities' alert over major flood risk, as the swollen River Seine was rising further.

Mon, 29 Jan 2018 07:25:43 GMT

Qatar seen to release financial info on state-owned airline

On Tuesday, Qatar is seen to agree to new financial disclosures for its local carrier Qatar Airways, following US airlines' pressure to release any potential subsidies received.

Mon, 29 Jan 2018 07:22:56 GMT

CBA names retail banking head Comyn as CEO

Commonwealth Bank of Australia has promoted the retail banking director Matt Comyn to bank's new CEO, as the company faces tough trading conditions and money laundering allegations.

Mon, 29 Jan 2018 06:15:18 GMT

Facebook prepares for new EU data protection law

Facebook said it was getting ready for the implementation of a new strict EU data protection legislation, rolling out fresh privacy principles and educational videos for its users.

Mon, 29 Jan 2018 06:14:13 GMT

Facebook prepares for new EU data protection law

Facebook said it was getting ready for the implementation on a new strict EU data protection legislation, rolling out fresh privacy principles and educational videos for its users.

Mon, 29 Jan 2018 06:13:31 GMT

Google invests in Indonesia's Go-Jek

The Vice President of Google revealed in a blog post that the company had invested in an Indonesia-based ride-hailing service Go-Jek, thus supporting Indonesia's economy.

Mon, 29 Jan 2018 05:20:30 GMT

NAFTA collapse to do great disservice to US farmers

A breakdown of the North American Free Trade Agreement could result in an extreme disarray for the American farmers whose products are being sold to Canada and Mexico.

Mon, 29 Jan 2018 05:19:32 GMT

Japan's FSA orders improvements at Coincheck after crypto-theft

On Monday, the Japanese Financial Services Agency ordered improvements to operations at Coincheck, a Tokyo-based bitcoin wallet and exchange service, following a $530M digital money theft.

Mon, 29 Jan 2018 04:32:12 GMT

Trump's security team considers building 5G network

Trump's national security team was looking for options to resist the threat of China's spying on phone calls of the US, including building of the country's own 5G wireless network.

Mon, 29 Jan 2018 04:31:16 GMT

Australia to spend $3.1B for bigger stake in arms exports

Australia's military equipment producers would be offered government-backed loans within the $3.1B package to enter the top 10 defence exporters of the world, the country's PM stated.

Sun, 28 Jan 2018 21:25:55 GMT

Navalny gets released

The leader of the Russian opposition Alexei Navalny has been released from custody after being detained at a rally calling for a boycott of the country's Presidential Elections.

Sun, 28 Jan 2018 21:25:21 GMT

Finnish elections results have been announced

As it was already clear after first stage of counting votes, the Finnish people have re-elected Sauli Niinisto as their President with total of 62.7% of votes. The second candidate Pekka Haavisto secured only 12.4%.

Sun, 28 Jan 2018 19:46:22 GMT

Saudi reserves continue to rise

The foreign reserves of the Saudi Arabian central bank rose for the third month in December. This signals that the higher oil prices are reinforcing the country's profits.

Sun, 28 Jan 2018 19:46:14 GMT

Cyprus Presidential election finalists are revealed

Nicos Anastasiades Iis set to face the leftist candidate Stavros Malas in the final stage of the country's elections on February 4.

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