News

Note: This section contains information in English only.
Tue, 31 Dec 2019 08:57:41 GMT

Commerzbank to buy extra stake in Comdirect

Commerzbank was in negotiations with Petrus Advisers to buy its 7.5% stake in Comdirect, aiming to take over the entire online bank.

Tue, 31 Dec 2019 08:34:58 GMT

Nestle completes share buyback

Nestle completed a $20.7B share buyback program and revealed plans for another one up to the same amount starting in 2020.

Tue, 31 Dec 2019 07:26:49 GMT

Ford: reservations full forMustang Mach-E

Ford Motor announced that there are full reservations for its first edition of electric sport utility car Mustang Mach-E.

Tue, 31 Dec 2019 05:40:29 GMT

S&P raises Argentina's rating

The ratings agency Standard & Poor's on Monday raised the rating of Argentinian long term debt from SD to CC.

Tue, 31 Dec 2019 05:31:06 GMT

Lockheed Martin hits production target

On Monday, Lockheed Martin announced that the company has reached its F-35 delivery target for 2019.

Tue, 31 Dec 2019 04:30:46 GMT

SEC proposes easing of rules

During Monday's US trading hours, the US Securities and Exchange Commission proposed easing of rules that govern auditor independence.

Tue, 31 Dec 2019 03:16:45 GMT

Oil hits high level

On Monday, crude oil price levels reached a three month high level. The surge was caused by US air strikes made in Iraq.

Mon, 30 Dec 2019 20:51:30 GMT

Russia's FAS opens investigation into Booking.com

On Monday, the Federal Antimonopoly Service of Russia (FAS) said that it had opened an investigation into Booking.com.

Mon, 30 Dec 2019 19:55:43 GMT

Crude oil prices hit three-month high

On Monday, crude oil prices hit a three-month high, buoyed by expectation of the US-China Phase 1 trade deal. Brent crude futures were up by 0.6% at $68.56 a barrel.

Mon, 30 Dec 2019 18:58:19 GMT

Wall Street's main indexes slip from record highs

On Monday, Wall Street's main indexes declined from a record high, as investors and traders took profits on the final day of trading of the decade.

Mon, 30 Dec 2019 18:04:37 GMT

WH says Trump and Putin discussed counter-terrorism

The White House said that the US President Donald Trump and the Russian President Vladimir Putin spoke by phone on Sunday to discuss counter-terrorism efforts and a potential arms control treaty.

Mon, 30 Dec 2019 17:13:57 GMT

Navarro says US-China trade deal signing expected soon

Peter Navarro, the White House trade adviser, said on Monday that the United States and China would likely sign the phase 1 trade deal next week.

Mon, 30 Dec 2019 16:08:35 GMT

Israel's M&A value falls 6% to $20.4B in 2019

The value of Israeli mergers and acquisitions in 2019 plunged 6% to $20.4B, despite the number of signed deals climbed 34% to 166, a report presented by Pricewaterhouse Coopers showed on Monday.

Mon, 30 Dec 2019 14:55:31 GMT

Monzo close to raise up to £100M

Monzo, the British digital bank, is close to attracting between £50M to £100M within weeks, seeking to help fund the lender's rapid growth, a source familiar with the matter confirmed on Monday.

Mon, 30 Dec 2019 14:05:31 GMT

India approves Huawei's participation in 5G trials

The Indian government granted its approval for the Chinese telecom giant Huawei Technologies' participation in the trials of the 5G network, a company spokesman stated on Monday.

Mon, 30 Dec 2019 12:45:22 GMT

Tesla launches first China-made Model 3 sedans

Tesla announced it had launched delivery of its Model 3 electric vehicles produced at the Shanghai plant in just about a year since the $2.0B factory began its work, intending to accelerate deliveries starting the next month.

Mon, 30 Dec 2019 12:16:20 GMT

Italy delays plan presentation on Monte Paschi stake sale

Italy is set to postpone its plan presentation over the Monte dei Paschi di Siena's stake sale, according to the Treasury report, as the lender struggles to cut bad loans.

Mon, 30 Dec 2019 10:47:37 GMT

AS Roma in discussion over sale to Group Friedkin

On Monday, AS Roma stated its holding firm had entered discussions with the group led by Daniel Friedkin, the US billionaire, about a potential Serie A football club sale.

Mon, 30 Dec 2019 09:43:44 GMT

Monte dei Paschi sells €1.8B in impaired loans

On Monday, Monte dei Paschi, Italy's state-owned lender, announced it had finished three disposals of its impaired loans for about €1.8B, surpassing the goal it set in the restructuring plan.

Mon, 30 Dec 2019 09:26:07 GMT

Egypt regulator approves Uber's acquisition of Careem

The Egyptian competition watchdog granted its approval for Uber's $3.1B acquisition of the regional rival Careem, following agreement on a setting of commitments introduced by the American ride-hailing service that should reduce harm to competitors.

Mon, 30 Dec 2019 05:46:04 GMT

Singtel, Grab to apply for banking license

Singapore Telecommunications Ltd has partnered up with Grab Holdings Inc to apply for a digital banking license in Singapore.

Mon, 30 Dec 2019 05:19:48 GMT

China retail sales to increase 8%

According to the Xinhua news agency, China's retail sales are expected to increase 8% this year, compared with 9% growth a year before.

Mon, 30 Dec 2019 04:02:21 GMT

Ghana determined to join Eco

According to a statement from President Nana Akufo-Addo's office on Sunday, Ghana would do everything to join West Africa's new currency, the Eco.

Mon, 30 Dec 2019 02:58:03 GMT

Ukraine completes prisoner swap with separatists

According to the Ukrainian Presidential office, Ukraine's government troops and pro-Russian separatists in the eastern regions of Ukraine have completed a full prisoner swap.

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