News

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Tue, 10 Dec 2019 20:46:09 GMT

Obrador says USMCA trade deal to be signed on Tuesday

Mexico's President Andres Manuel Lopez Obrador said that the United States, Mexico and Canada would sign the MCA trade deal on Tuesday.

Tue, 10 Dec 2019 19:58:54 GMT

Democrats unveil two articles of impeachment against Trump

Democrats in the US House of Representative have announced two articles of impeachment against the US President Donald Trump. The articles charge includes abuse of power and obstruction of Congress.

Tue, 10 Dec 2019 19:04:24 GMT

Bank of Israel needs aggressive approach to stop shekel gains

Economists said on Tuesday that the Central Bank of Israel would need a better and aggressive approach to contain the surge of Israel's local currency against a basket of currencies.

Tue, 10 Dec 2019 18:02:46 GMT

Watches of Switzerland plans to buy more stores in US

Brian Duffy, the Chief Executive of the Watches of Switzerland, said on Tuesday that the company sees opportunities to buy more stores in the United States.

Tue, 10 Dec 2019 17:14:06 GMT

AFL-CIO labor union backs USMCA trade agreement

Richard Trumka, the President of AFL-CIO labour union, said in a statement on Tuesday that it was supporting the USMCA trade deal.

Tue, 10 Dec 2019 16:05:50 GMT

US Dollar declines against Euro

On Tuesday, the common European currency edged higher by 0.16% against the US Dollar after the ZEW survey showed that the sentiment among Germany's investors was better- than- forecast in December.

Tue, 10 Dec 2019 14:40:03 GMT

Dollar General plans CBD cosmetics sale in selected stores

On Tuesday, Dollar General Corp, the discount store chain, is planning to sell its CBD cosmetic products in over 1K stores in Kentucky and Tennessee, amid growing demand for its products.

Tue, 10 Dec 2019 12:43:21 GMT

Alphabet appoints Prof. Frances H. Arnold to board

Alphabet Inc has appointed Professor Frances H. Arnold, the Nobel Prize laureate in chemistry, to its board, making her a successor to the retired academic Shirley Tilghman.

Tue, 10 Dec 2019 12:39:39 GMT

Uber aims to acquire autonomous car simulation start-up

Uber Technologies ishas entered the advanced talks to acquire the self-driving car simulation start-up, called Foresight, according to The Information's report seen on Monday.

Tue, 10 Dec 2019 11:01:18 GMT

Reuters surveys analysts over SNB policy

On Tuesday, Reuters revealed poll results, which showed that most financial analysts expect the Swiss National Bank to keep interest rates unchanged.

Tue, 10 Dec 2019 09:48:10 GMT

Amazon secures broadcasting rights for top Champions League

Amazon.com has secured broadcasting rights for the top EU soccer Champions League matches in Germany for the 2021/2022 season, the US company announced on Tuesday.

Tue, 10 Dec 2019 08:41:24 GMT

Cboe Global to acquire EuroCCP

Cboe Global Markets has agreed to acquire equities clearing house EuroCCP, it announced on Tuesday, not disclosing the financial terms of the deal.

Tue, 10 Dec 2019 05:40:36 GMT

Johnson & Johnson CEO declines US Congress

The Chief Executive Officer of Johnson & Johnson Alex Gorsky has declined to testify before the US congress on the safety of the company's Baby Powder.

Tue, 10 Dec 2019 05:30:52 GMT

Gold trades flat

On Monday, gold prices fluctuated flat, as the yellow metal was recovering after the major losses suffered on Friday due to the good US employment data.

Tue, 10 Dec 2019 03:40:10 GMT

Apple beats down Wall Street

During Monday's US trading session, US stock indices declined due to Apple shares suffering a decline, which caused a sell off.

Tue, 10 Dec 2019 03:31:02 GMT

JPMorgan seeks one billion USD

On Monday, Bloomberg announced that JPMorgan Chase & Co is looking to raise nearly one billion USD for a mezzanine fund.

Mon, 09 Dec 2019 21:08:14 GMT

Italy's Enel installs giant battery storage system in NYC

On Monday, Italy's Enel announced it had installed its battery storage system, the largest in New York City, which would help power the area of Brooklyn during the peak demand period.

Mon, 09 Dec 2019 19:45:51 GMT

Xerox sees revenue growth of about $1.5B

Xerox Holdings Corp is expecting its revenue growth of up to $1.5B with the proposed acquisition of HP Inc, the personal computer company, Xerox stated on Monday.

Mon, 09 Dec 2019 19:04:03 GMT

Hyundai to face EU probe on its deal with Daewoo

Hyundai Heavy Industries will face an official full-scale EU probe into its $1.8B merger deal with the rival shipbuilder Daewoo amid bloc's serious antitrust concerns, Reuters reported on Monday.

Mon, 09 Dec 2019 18:04:34 GMT

Intel reveals chip capable to control quantum computers

On Monday, Intel Corp has revealed its newly-designed chip called "Horse Ridge" that will be capable to control quantum computers, with the IBM and Microsoft Corp also pursuing the technology.

Mon, 09 Dec 2019 16:59:24 GMT

France's Sanofi to acquire Synthorx in $2.5B deal

On Monday, France's Sanofi has agreed to acquire the California-based biotech firm Synthorx in the all-cash deal valued at $2.5B as the company paves its way into the lucrative cancer drugs field.

Mon, 09 Dec 2019 16:17:41 GMT

Trump plans meeting with Russia's foreign minister

The US President Donald Trump is set for a meeting with Sergei Lavrov, the Russian Foreign Minister, in Washington this Tuesday, according to the news agency Interfax's report.

Mon, 09 Dec 2019 14:52:38 GMT

Nokia calls temporary halt to legal action against Daimler

Nokia, Finland's telecoms equipment maker, has temporarily halted its legal action against Germany's Daimler, hoping that the carmaker will offer mediation in the technology licensing fees dispute between the companies.

Mon, 09 Dec 2019 14:18:47 GMT

Huawei to equip more products with Harmony OS

Huawei Technologies, the Chinese tech giant, is planning to equip more products with its new Harmony operating system in 2020, aiming to promote them abroad and at home, Huawei's spokesman stated on Monday.

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