News

Note: This section contains information in English only.
Fri, 19 Jan 2018 07:28:55 GMT

South Korea sues Apple's CEO over iPhone slowdown

South Korea's consumer group filed a complaint against Apple's CEO Tim Cook over iPhone devices' slowdown, following allegations the company had deliberately shortened the handset life.

Fri, 19 Jan 2018 06:26:12 GMT

Fed's Williams considered for Fed Board vice chair post

The Wall Street Journal reported that San Francisco Fed President John Williams is being considered for the post of the vice chairman of the Federal Reserve Board in Washington.

Fri, 19 Jan 2018 06:25:12 GMT

SEC: bitcoin-themed funds raise issues with investor protection

The US Securities and Exchange Commission expressed concerns over bitcoin-themed funds raising issues with investor protection.

Fri, 19 Jan 2018 05:32:24 GMT

Google strikes patent deal with Tencent

Google has struck a patent licensing agreement with the Chinese investment holding conglomerate Tencent in an attempt to expand its business in China.

Fri, 19 Jan 2018 05:31:47 GMT

Tokyo criticises US for military flights over Okinawa school

On Friday, Japan criticised the military of the US for breaking a pledge not to fly helicopters over a school that is located next to the US base in Okinawa.

Fri, 19 Jan 2018 04:30:37 GMT

SoftBank becomes largest shareholders of Uber as deal closes

The group of investors ran by SoftBank completed a deal with Uber, making the SoftBank the biggest stakeholder in the ride-hailing company and providing a boost to Uber.

Fri, 19 Jan 2018 04:28:24 GMT

AmEx reports first loss in decades amid US tax overhaul

American Express, the credit card issuer, posted the first quarterly decline in 26 years due to the US tax reform,which led to shares buyback suspension for the next six months.

Thu, 18 Jan 2018 21:13:22 GMT

Tillerson to travel to Europe next week for discussions on Iran, Syria

The US Secretary of State Rex Tillerson will visit Europe next week for talks on Iran and Syria before heading to the World Economic Forum in Davos.

Thu, 18 Jan 2018 21:12:16 GMT

Mexico rejects claim to be world's most dangerous country

Mexico's foreign ministry on Thursday dismissed a claim by the US President Donald Trump that Mexico was the most dangerous nation in the world.

Thu, 18 Jan 2018 20:10:59 GMT

May offers France funds to bolster border security

The British Prime Minister Theresa May on Thursday offered the French President Emmanuel Macron $62M to improve security at French border controls.

Thu, 18 Jan 2018 20:08:59 GMT

CIBC values FirstCaribbean at $1.4B

The Canadian Imperial Bank of Commerce considers listing its FirstCaribbean business in the US for $1.4B, a 30% discount to its current market capitalization.

Thu, 18 Jan 2018 19:12:05 GMT

Deutsche Bank CEO: overhaul takes time

The Deutsche Bank reorganization will take more time, but the process is on the right track, the CEO of Deutsche Bank John Cryan says.

Thu, 18 Jan 2018 19:11:07 GMT

Nigeria files $875M lawsuit against JP Morgan over Malabu oilfield deal

Nigeria filed a $875M lawsuit against JP Morgan Chase, accusing the company of inattention in transferring money from a 2011 oilfield deal to former oil minister.

Thu, 18 Jan 2018 18:34:04 GMT

EU wants to avoid fight with Poland, asks real concessions

The EU wants to avoid direct confrontation with Poland, but the country has to make real policy changes to avoid losing funds from the bloc.

Thu, 18 Jan 2018 18:33:09 GMT

Nestle proposes new directors to improve strategy

Nestle, the world's largest food company, nominated three new independent directors on Thursday to fasten transformation into a health-conscious company.

Thu, 18 Jan 2018 15:33:29 GMT

Amazon picks up 20 cities for second HQ construction

Amazon.com shortlisted 20 cities for the second headquarters' construction that deemed to generate around 50K new high-paying job positions.

Thu, 18 Jan 2018 15:28:37 GMT

Carl Icahn: Xerox-Fujifilm JV to be revised or terminated

On Thursday, Xerox's investor Carl Icahn stated that the Xerox-Fujifilm's joint venture should be reviewed or terminated, agreeing with his fellow stakeholder Darwin Deason.

Thu, 18 Jan 2018 14:25:39 GMT

Emirates signs deal for 36 Airbus A380 superjumbo jets

On Thursday, Emirates announced it had signed a $16B deal for 36 Airbus A380 aircraft, securing the future of the world's largest passenger jets for another decade.

Thu, 18 Jan 2018 14:17:07 GMT

Infiniti, Lexus test new ways to rival Tesla, German carmakers

Japan's luxury car brands Infiniti and Lexus are testing new ways to fight Silicon Valley's Tesla and German prestige carmakers by launching its new concept SUV model at the Detroit auto show.

Thu, 18 Jan 2018 13:34:14 GMT

Northern Ireland given weeks to renew devolved government

Britain's and Ireland's governments are about to give the Northern Ireland a few weeks to restore the devolved government, the Irish Foreign Minister announced on Thursday.

Thu, 18 Jan 2018 13:30:37 GMT

Wells Fargo, Goldman Sachs invest $34M in research tech start-up

Goldman Sachs, Wells Fargo, Banco Santander and other companies have invested about $38M in total in the New York-based research technology firm Visible Alpha, the group stated on Thursday.

Thu, 18 Jan 2018 11:53:08 GMT

Trump's infrastructure plan in final stage

The administration of US President Donald Trump has announced that Trump's infrastructure upgrade plan is in its final stage.

Thu, 18 Jan 2018 11:48:11 GMT

BMW takes on Mercedes

The CEO of BMW Harald Krueger has told German Manager Magazin that the company is aiming to overtake Mercedes in sales numbers by 2020.

Thu, 18 Jan 2018 11:10:48 GMT

Google and firms to invest in Indonesian Go-Jek

Google, Singapore's Tamasek and China's online platform Meituan-Dianping are eager to invest in Indonesia's ride-hailing service Go-Jek as part of the $1.2B fundraising round.

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