News

Note: This section contains information in English only.
Fri, 01 Nov 2019 03:43:24 GMT

Pinterest quarterly revenue misses expectations

Pinterest reported its quarterly revenue and the revised annual sales forecast had missed Wall Street's expectations, sending the company's shares down 19% on the news.

Fri, 01 Nov 2019 03:25:35 GMT

Russia plans key rate cut to 6% by 2020-end

The Central Bank is considering to reduce Russia's key interest rate to 6% by the next year's end, a sharp cut from the previously expected 6.50%.

Thu, 31 Oct 2019 21:16:17 GMT

Labour unions comment on Fiat Chrysler-PSA deal

On Thursday, European labour unions addressed PSA and Fiat Chrysler top management urging them to avoid job cuts and factory closures in case of a successful merger.

Thu, 31 Oct 2019 20:28:12 GMT

US Congress almost ready to close pan American deal

The US House of Representatives Speaker Nancy Pelosi stated on Thursday that the Congress was working hard on trade deal between the US, Canada and Mexico and soon would be ready to approve it.

Thu, 31 Oct 2019 18:42:57 GMT

Lufthansa plans €200M investment in Alitalia

The German carrier Lufthansa is planning to make a €200M worth investment in the struggling Italian carrier Alitalia, Reuters reported on Thursday.

Thu, 31 Oct 2019 17:44:58 GMT

EV maker Fisker to launch luxury SUV production in 2021

On Thursday, Fisker, the electric car maker, announced it would launch its new luxury SUV production in the 2021-end, expecting to trigger car deliveries in 2022.

Thu, 31 Oct 2019 16:47:43 GMT

Thomson Reuters' operating profit above estimates

Thomson Reuters reported better-than-expected quarterly operating profit of $262M in the Q3, up from $173M in the prior quarter, adding that it would increase dividend payout ratio.

Thu, 31 Oct 2019 15:57:57 GMT

Nintendo's profit doubles in Q2

Nintendo operating profit more than doubled in the second quarter, surpassing analyst estimates, amid strong demand for Switch console with nearly 7M units sold.

Thu, 31 Oct 2019 15:53:50 GMT

Facebook shares up 5% on strong results

On Thursday, shares of Facebook grew around 5%, a day after it reported the third straight increase in the quarterly sales growth pace and users' amount rise in some of lucrative markets.

Thu, 31 Oct 2019 14:40:16 GMT

Russia considers cutting key rate to 6% next year

The Central Bank is likely to trim Russia's key interest rate to 6% by the end of 2020, a sharp move from the previous forecasts of 6.50% cut.

Thu, 31 Oct 2019 14:00:17 GMT

Facebook shares surge 5% on strong results

On Thursday, Facebook's shares surged 4.8% to $197.27, after the company's report showing its strong quarterly results, published the day before.

Thu, 31 Oct 2019 13:32:33 GMT

Greece's Sky Express cooperates with Qatar Airways

On Thursday, the Greek carrier Sky Express has clinched a cooperation deal with Qatar Airway, planning to connect flight between Doha and the Greek islands, in a move to strengthen the country's main tourism industry.

Thu, 31 Oct 2019 12:20:45 GMT

Conte urges FCA, PSA to keep jobs, factories in Italy

On Thursday, Giuseppe Conte, the Italian Prime Minister, called on PSA Group and Fiat Chrysler to keep jobs and plants in Italy in their merger plan announced earlier that day.

Thu, 31 Oct 2019 11:07:36 GMT

Twitter bans political ads

On Thursday, Twitter stated that the company would ban political ads. The announcement caused a 1.9% percent drop of the company's stock price.

Thu, 31 Oct 2019 10:35:45 GMT

Shell frets slowing global economy to hit its buyback timetable

On Thursday, Royal Dutch Shell has warned that the slowing global economy could affect its $25B share buyback programme, as its Q3 profits topped expectations on robust gas and oil trading.

Thu, 31 Oct 2019 08:58:44 GMT

Samsung warns of phone profit fall

On Thursday, Samsung Electronics flagged falling mobile business profit on the back of a positive outlook of iPhone sales reported by its rival Apple Inc, loosing hopes that new models would help the world's biggest smartphone vendor revives growth.

Thu, 31 Oct 2019 08:34:37 GMT

Fiat Chrysler, Peugeot plan to join forces

Peugeot owner PSA and Fiat Chrysler are planning a tie-up via a 50/50 share-swap to build the fourth-largest carmaker in the world, both companies said on Thursday, causing a new consolidation wave in the auto industry.

Thu, 31 Oct 2019 06:00:34 GMT

VW lowers sales outlooks

Volkswagen lowered sales outlook for 2019, warning of weakening demand even as operating profit surged 11.2% on higher demand for SUVs, Skoda and Porsche cars.

Thu, 31 Oct 2019 04:56:56 GMT

Alibaba to resume HK listing plans

Alibaba Group was eyeing Hong Kong listing in November to raise nearly $15B, after the political unrest in the financial hub, sources familiar with the matter stated.

Thu, 31 Oct 2019 03:43:14 GMT

Brazil's debt to hit 81.8% of GDP

The national debt of Brazil is expected to keep rising in the coming years up to 81.8% of GDP in 2022, the Treasury stated.

Thu, 31 Oct 2019 03:37:09 GMT

Whirlpool not to shut plant in Italy

Whirlpool dropped plans to close a production site in Naples, the southern Italian city, after two weeks of protest of workers, the company stated.

Wed, 30 Oct 2019 21:27:11 GMT

Boeing CEO rejects calls to resign

On Wednesday, the Boeing Co Chief Executive Officer Dennis Muilenburg stood in front of a panel in the US Congress, where he had to hear multiple calls to leave the post amid 737 MAX crashes.

Wed, 30 Oct 2019 20:09:04 GMT

Boeing's CEO testifies in US Congress

On Wednesday, the Boeing Co CEO Dennis Muilenburg made another testimony in front of the US Congress regarding the flows during the 737 MAX development.

Wed, 30 Oct 2019 19:13:40 GMT

Lautenschlaeger calls for openness and simplicity

The European Central Bank board member Sabine Lautenschlaeger stated on Sunday that the bank must make its messages more understandable for the people, thus breaking the image of arrogant elite.

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