News

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Mon, 18 Dec 2017 11:03:19 GMT

Vonovia and Buwog make a deal

The largest residential property company of Germany Vonovia has made a deal to buy its Austrian counterpart Buwog. The deal is set to be worth 5.2 billion Euros.

Mon, 18 Dec 2017 10:10:46 GMT

Gemalto to phase out 288 jobs in France

Gemalto's CEO plans adhering to a plan to cut about 288 job positions in the French chip card business, after the chipmaker had been taken over by the aerospace and defence group Thales.

Mon, 18 Dec 2017 10:00:04 GMT

Fiat Chrysler calls off 10K Jeep Grand Cherokee SUVs in Russia

The Italian-American automaker Fiat Chrysler is planning to recall 10,355 Jeep Grand Cherokee sports utility cars in Russia, as it seeks to verify proper installation of the brake-booster shields.

Mon, 18 Dec 2017 09:31:20 GMT

China's top leaders launch annual economic meeting

According to the official Xinhua news agency, the Chinese senior leaders started its annual meeting on Monday to lay down the reform and economic plans for the next year.

Mon, 18 Dec 2017 09:23:15 GMT

Vonovia agrees to buy Buwog for $6.12B

Australia's real estate company Buwog had agreed to be taken over by Germany's Vonovia in a $6.1B cash deal, both firms announced on Monday.

Mon, 18 Dec 2017 08:33:22 GMT

France sues Amazon over dominant position abuse

France's government filed a complaint against the e-commerce firm Amazon for abusing the company's dominant position with several suppliers, Le Parsien newspaper reported.

Mon, 18 Dec 2017 08:25:18 GMT

Russia calls US, North Korea to start dialogue

Russia's Deputy Foreign Minister Sergei Ryabkov stated that Moscow expected North Korea and the United States to start a dialogue instead of discussing the conditions for such a dialogue.

Mon, 18 Dec 2017 07:34:28 GMT

Power resumed to Atlanta airport after long-term outage

On Monday, the flight operations at Atlanta's Hartsfield airport were restored, following a daylong power outage that paralysed the travel, as more than 1K flights had been canceled during the last 24 hours.

Mon, 18 Dec 2017 07:28:33 GMT

US Senator McCain likely to miss tax vote on Tuesday

The Republican US Senator John McCain is likely to miss the expected vote on the tax code overhaul on Tuesday, after he had left Washington for his home in Arizona due to a medical treatment.

Mon, 18 Dec 2017 06:23:42 GMT

China issues new guidelines for foreign investment by private companies

China's National Development and Reform Commission has issued fresh guidelines for foreign investment by private firms in an attempt to prevent companies violating policies.

Mon, 18 Dec 2017 06:22:50 GMT

Toyota to produce over 10 battery EV models in early 2020s

On Monday, Toyota Motor Corp announced its plans to produce over 10 battery EV car models around the world in early 2020s.

Mon, 18 Dec 2017 05:15:12 GMT

Peruvians want Kuczynski to step down

According to a poll conducted by Ipsos Peru, a majority of the country's citizens want the acting President Pedro Pablo Kuczynski to step down.

Mon, 18 Dec 2017 05:14:21 GMT

Hernandez wins Honduran presidential election

The Honduran conservative President Juan Orlando Hernandez has been officially named as the winner of the presidential election held on 26 November.

Mon, 18 Dec 2017 03:53:03 GMT

China new home price grow slightly in November

China's new home prices increased modestly 5.5% year-over-year in November, shrugging off the range of government measures in the overheated real estate market.

Mon, 18 Dec 2017 03:52:14 GMT

Oracle to buy Australia's Aconex for $1.19B

Australian company Aconex stated that it received a $1.19B buyout offer from the US software giant Oracle, setting the target's share price 45% up.

Mon, 18 Dec 2017 03:16:08 GMT

Japan's export growth strengthened in November

Japanese export growth accelerated gains in November to mark 16.2% of the annual increase for the month, underscoring the solid external demand.

Mon, 18 Dec 2017 03:15:15 GMT

Equinix to buy Australian data centre Metronode for $791M

The US data centre firm Equinix announced that it was buying Australia's data centre business Metronode in the all-cash deal worth $791.15M.

Sun, 17 Dec 2017 20:52:37 GMT

Bitcoin soars over $20,000

On Sunday, Bitcoin, the world's largest cryptocurrency, managed to surpass the $20,000-mark and hit its fresh all-time high of $20,500.

Sun, 17 Dec 2017 20:52:27 GMT

Thousands march demanding impeachment of Ukraine's Poroshenko

Thousands of people marched in Kiev on Sunday, calling for the release of Mikhail Saakashvili, Ukraine's opposition leader, and the impeachment of the President Petro Poroshenko.

Sun, 17 Dec 2017 19:58:57 GMT

China's NIO launches sales of its first electric vehicle

On Sunday, China's electric-car start-up NIO started sales of its first electric vehicle three years after the company's foundation.

Sun, 17 Dec 2017 19:54:13 GMT

John Cornyn defends Special Counsel Rober Mueller

John Cornyn, the Senior US Senator from Texas, said that it would be a big mistake for the US President Donald Trump to fire the Special Counsel Robert Mueller.

Sun, 17 Dec 2017 19:18:20 GMT

Death toll in Pakistani church attack rises to 9

The death toll in the Pakistani church attack rose to nine people, including two women, while the number of wounded people rose to 56, according to local media.

Sun, 17 Dec 2017 19:06:26 GMT

Britain's Johnson calls for liberal Brexit

On Sunday, the British Foreign Secretary Boris Johnson called for a liberal Brexit, posing a challenge to the Prime Minister Theresa May's proposed Brexit strategy.

Sun, 17 Dec 2017 18:14:04 GMT

Thales accepts €4.8B takeover of Gemalto to trump Atos bid

Defence and aerospace group Thales agreed to purchase chipmaker Gemalto for €4.8B, trumping the prior bid by rival French company Atos to take aim at the digital security market.

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