News

Note: This section contains information in English only.
Wed, 02 Oct 2019 17:02:06 GMT

Deutsche Bank says 50/50 chance of disorderly Brexit

On Wednesday, Deutsche Bank said that there was still a 50/50 chance that the United Kingdom would leave the EU without a deal by the end of the year.

Wed, 02 Oct 2019 16:00:27 GMT

US stocks hit one-month low

On Wednesday, US stocks hit a one-month low after the US manufacturing activity declined to more than a decade low. The DJI fell by 147.18 points, while the S&P 500 index opened lower by 15.47 points.

Wed, 02 Oct 2019 15:19:44 GMT

UK's PM Johnson unveils final Brexit offer

On Wednesday, the UK Prime Minister Boris Johnson sent his final Brexit offer to Brussels and said that, unless the European Union compromised, the United Kingdom would leave the bloc without a deal.

Wed, 02 Oct 2019 14:30:30 GMT

Huawei's Mate 30 devices lose access to Google app installation

The newly released Mate 30 smartphones by Huawei Technologies lost access to install Android apps manually amid US blacklisting that halts the Chinese tech giant from using American software and other components, Bloomberg announced on Wednesday.

Wed, 02 Oct 2019 13:39:02 GMT

Google rolls out new privacy features to Maps

Alphabet's Google is releasing its new features on privacy to the Google Maps, Voice Assistant and YouTube services, including such options as automatic data deletion and incognito mode, the tech giant announced on Wednesday.

Wed, 02 Oct 2019 11:41:47 GMT

Samsung halts smartphone production in China

On Wednesday, Samsung Electronics Co announced it had ended its mobile phone production in China, as it was hit by severe competition from local rivals in the largest smartphone market in the world.

Wed, 02 Oct 2019 10:42:04 GMT

Paddy Power, Poker Stars owners agree on merger

The owners of Poker Stars and Paddy Power Betfair have agreed on a merger to establish the world's biggest online gambling company by revenue, seeking to take advantage of the US markets opening up.

Wed, 02 Oct 2019 10:14:28 GMT

Global shares decline

On Wednesday, global stock indices declined due to the markets reacting to the Tuesday's release of US ISM Manufacturing PMI. The index was not only below the forecast of 50.4, but also revealed the expectations of a decline by being at 47.8.

Wed, 02 Oct 2019 09:17:40 GMT

UAW drops new General Motors offer

On Tuesday, the United Auto Workers union rejected a new offer made by General Motors, as the deal required 6K layoffs in Mexico, as well as wages and healthcare cuts, the UAW said.

Wed, 02 Oct 2019 08:36:41 GMT

PM Johnson set to unveil final Brexit offer

Boris Johnson, the UK Prime Minister, is set to unveil the final Brexit proposal to the EU bloc on Wednesday, making clear that Britain will leave on October 31 with no further negotiations in case Brussels denies to engage with the offer.

Wed, 02 Oct 2019 06:45:02 GMT

Juul picks Altria executive in regulatory backlash against e-cigarettes

Juul Labs Inc has hired a regulatory affairs head at Altria Group for a similar role to handle regulations in a vaping crisis in the United States, as the e-cigarettes industry might be hit by tough rules.

Wed, 02 Oct 2019 06:34:12 GMT

Telus to buy ADT Canada assets in C$700M deal

Telus Corp announced on Tuesday it would acquire the Canadian operations of ADT, the home security provider, in a deal worth C$700M amid the telecommunications provider's intention to establish its security business.

Wed, 02 Oct 2019 05:00:34 GMT

J&J settles Ohio lawsuits

Johnson & Johnson announced on Tuesday that it would pay $20.4M settlement to two Ohio counties to avoid the US Federal Court trial.

Wed, 02 Oct 2019 04:04:29 GMT

Global equity markets fall to one-month low

On Wednesday, global equity markets hit a one-month low after the US factory activity declined to more than ten years lows, sparking concerns that the US-China trade war was affecting the US economy.

Wed, 02 Oct 2019 03:03:46 GMT

FAA grants UPS approval to operate drone delivery in campus

The US Federal Aviation Administration has granted the United Parcel Service a full approval to fly drone delivery service in the campus.

Wed, 02 Oct 2019 02:21:17 GMT

Kia and Hyundai sue four largest US railroads

Kia Motor Co and Hyundai Motor Co have filed three lawsuits against the four biggest US railroads companies, accusing the firms of imposing fuel surcharges between July 2003 and December 2008.

Tue, 01 Oct 2019 19:58:09 GMT

Trump to discuss Huawei 5G options with Finnish counterpart

The US President Donald Trump is expected to hold talks with the Finnish President on Wednesday regarding the 5G alternatives improvement to Huawei Technologies' offerings or other Chinese telecoms equipment companies.

Tue, 01 Oct 2019 18:54:33 GMT

Charles Schwab to end commissions for online stock trading

Shares of Charles Schwab fell by 10% in early trading on Tuesday, after the firm stated that it is ending commissions for online trading of options, stocks and ETFs listed in the Canadian or US exchanges.

Tue, 01 Oct 2019 17:56:03 GMT

UK's PM Johnson to pitch new Brexit proposals

The UK Prime Minister Boris Johnson to propose new Brexit pact on Tuesday, however, the EU representatives are sceptical about the prospects of a breakthrough.

Tue, 01 Oct 2019 17:07:11 GMT

Venture Capitalists to meet with more than 100 start-ups

Two dozen Venture Capitalist firms have invited about 100 start-ups for a meeting in San Francisco on Tuesday, where they hope to advise them about the downside of IPO.

Tue, 01 Oct 2019 16:00:33 GMT

Canadian manufacturing activity expands in September

On Tuesday, Canada's Manufacturing Purchasing Index, which measures manufacturing business activity, rose by 51.0 in September, its fastest pace since February.

Tue, 01 Oct 2019 15:07:30 GMT

US stocks edge higher ahead of manufacturing report

Wall Street's main indexes surged on Tuesday, led by gains in technology shares. At 9:47 ET, the benchmark S&P 500 was up by 14.85 points, while the DJI was up by 121.05 points.

Tue, 01 Oct 2019 14:29:43 GMT

Tesla's Model 3 remains on top in Norway

Tesla's Model 2 vehicle stays on top in Norway, despite the Q3 decline in sales this year, with the electric vehicle maker reporting it sold 3.3K Model 3s in July-September in the Scandinavian country, beating VW's Golf by about 900 cars.

Tue, 01 Oct 2019 13:37:41 GMT

Advent to acquire Italy's ICE for €700M

Advent, the private equity fund, is set to pay about €700M to acquire Industria Chimica Emiliana, the Italian chemicals firm, the country's leveraged buyout in 2019, according to sources familiar with the situation.

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