News

Note: This section contains information in English only.
Mon, 25 Sep 2017 16:04:10 GMT

Nets welcomes Hellman & Friedman's takeover bid

On Monday, the Nordic-based payments company Nets said it had welcomed a $5.3B takeover bid from Hellman & Friedman, a leading US private equity firm.

Mon, 25 Sep 2017 15:07:00 GMT

CB Leading Index for China up 1.1% in August

According to the data released by the Conference Board on Monday, the Leading Index for China advanced 1.1% in August compared with an upwardly-revised gain of 1.0% registered in July.

Mon, 25 Sep 2017 15:06:03 GMT

German Ifo Business Sentiment Index slips in September

The German Ifo Institute for Economic Research reported on Monday that its Business Climate Index was down 0.7 points to come in at 115.2 in September.

Mon, 25 Sep 2017 14:20:35 GMT

Air France launches lower-cost airline Joon

On Monday, Air France introduced its lower-cost airline Joon that is aimed at a young working clientele, whose lifestyles revolve around digital technology, seeking to boost routes to profitability.

Mon, 25 Sep 2017 14:10:01 GMT

US policy to blame for Russian General's death in Syria

Russia's Deputy Foreign Minister Sergei Ryabkov stated on Monday that the Russian General Valery Asapov was killed in Syria due to the "two-faced" US policy.

Mon, 25 Sep 2017 13:32:47 GMT

Majority of Mexico City schools closed after earthquake

The majority of schools remained closed in Mexico City on Monday after the last week's devastating earthquake that left no less than 320 people dead.

Mon, 25 Sep 2017 13:26:17 GMT

Toshiba's chip sale delayed due to lack of Apple approval

On Monday, Toshiba announced to its main banks that it had not closed the $18B acquisition deal of the semiconductor chip business, as Apple has not agreed on the key terms yet.

Mon, 25 Sep 2017 12:34:01 GMT

Uber CEO apologies to London, tries to keep licence

Uber's new CEO apologised to Londoners for the mistakes in the taxi app and offered some changes as the ride-hailing company is trying to return its stripped license in the British capital.

Mon, 25 Sep 2017 12:28:10 GMT

AIG to reorganise operations into three new business units

American International Group stated on Monday it was planning to restructure into three new business units, eliminating Commercial and Consumer businesses.

Mon, 25 Sep 2017 10:58:03 GMT

French unions ban fuel depots amid reform protests

France's trade unions banned the access to a few fuel depots on Monday in an outrage against labour reforms, intending to test the officials' will to make reforms to economy.

Mon, 25 Sep 2017 10:57:20 GMT

Seventh suspect in London train attack arrested by UK police

On Monday, the UK police arrested the seventh suspect in connection with the London train attack in the Welsh capital of Cardiff.

Mon, 25 Sep 2017 09:53:25 GMT

Ifo economist says CDU victory in German election could cause uncertainty

Ifo's economist Klaus Wohlrabe said that CDU's victory in the German federal election could cause uncertainty among businesses due to complications of making a new government.

Mon, 25 Sep 2017 09:52:31 GMT

UK banks to hold additional £10B in capital to reduce consumer credit risk

The Bank of England said that British banks would be required to hold additional £10B ($13.5) in capital to safeguard against risks from unsecured consumer lending.

Mon, 25 Sep 2017 08:57:39 GMT

Turkey to take measures if Iraq's Kurdish referendum threatens security

Turkey vowed to take all necessary measures, in case the Iraqi Kurdish independence referendum held on Monday endangered Turkey's national security.

Mon, 25 Sep 2017 08:57:28 GMT

Japan's Abe to dissolve lower house of Parliament

The Japanese Liberal Democratic Party's top lawmaker stated that the Prime Minister Shinzo Abe was eager to dissolve the Parliament's lower house the extraordinary session's start on Thursday.

Mon, 25 Sep 2017 08:33:26 GMT

Uber says London's reasons to suspend license not clear

Uber stated on Monday that the reasons of why London had stripped its license were still unknown for the ride-hailing company as the taxi application battled to continue operating in the City.

Mon, 25 Sep 2017 07:34:18 GMT

Tokyo Governor to challenge Japan's PM with new party

The Governor of Tokyo Yuriko Koike stated she would lead new national party to challenge the Japanese Prime Minister Shinzo Abe's LDP in the country's general election.

Mon, 25 Sep 2017 06:41:02 GMT

Japan's Abe orders Cabinet to compile new economic stimulus

On Monday, the Prime Minister of Japan Shinzo Abe ordered the Cabinet to compile new economic stimulus requirements in a package worth about $17.80B by 2017 year's end.

Mon, 25 Sep 2017 06:30:51 GMT

ABB closes $2.6B acquisition deal with GE business

The power grids producer ABB is acquiring General Electric's business in a $2.6B deal on a bet that it could boost the unit's lacklustre margins in the following five years.

Mon, 25 Sep 2017 05:16:47 GMT

Chinese corruption suspect returns from US

On Monday, the country's anti-corruption watchdog revealed a Chinese graft suspected had returned home from the US to surrender.

Mon, 25 Sep 2017 05:15:55 GMT

Walt Disney may pull its programming from Altice USA

Walt Disney said it might pull its programming out of Altice USA, the country's fourth biggest cable distributor, if the two parties do not manage to strike a deal by the end of September.

Mon, 25 Sep 2017 04:19:05 GMT

28 Hindu villagers' bodies found in Myanmar

The armed forces of Myanmar said 28 Hindu villagers' bodies had been recovered in the northern country's state of Rakhine on Sunday.

Mon, 25 Sep 2017 04:18:22 GMT

Australia to take strict stance on bank executives

On Monday, the Treasurer and a senior member of Turnbull's Cabinet Scott Morrison said Australia would push through tougher regulations for bank executives as soon as October.

Mon, 25 Sep 2017 03:27:53 GMT

US to unveil partially main NAFTA proposal

US trade negotiators are set to unveil only partially new text on changing a key chapter concerning investment under NAFTA, while talks are likely to be finished by the end of 2017.

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