News

Note: This section contains information in English only.
Fri, 12 Apr 2019 10:33:21 GMT

EY reported Danske Bank fraud

Ernst & Young auditing company announced on Friday that it had reported the Danske Bank fraud cases to the bank's authorities already in 2014.

Fri, 12 Apr 2019 10:33:01 GMT

Chevron intends to buy Anadarko

On Friday, Chevron announced that they will buy Anadarko Petroleum for thirty three bullion US Dollars. Chevron will pay 39% premium on the stock. Due to the event Anadarko stock price jumped.

Fri, 12 Apr 2019 08:52:08 GMT

ProSiebenSat.1 denies Mediaset tajeover rumours

ProSiebenSat.1, the German media group, denied it had been approached by the Italian broadcaster Mediaset, dismissing the latest speculations about potential takeover deal.

Fri, 12 Apr 2019 08:50:18 GMT

Russia's Sberbank plans O'Key takeover

The biggest Russian lender Sberbank has entered talks to acquire O'Key, the mid-sized food retailer, to resell it to another investor, whose name has not been disclosed, if the deal goes through.

Fri, 12 Apr 2019 08:06:34 GMT

J. Crew considers listing for Madewell brand

J. Crew Group is reviewing various options, including an initial public offering for the Madewell brand, saying a potential listing could be finalised in the current year's second half.

Fri, 12 Apr 2019 08:00:52 GMT

Vedanta Resources attracts $1.0B via bond issue

On Friday, Vedanta Resources announced it had attracted $1.0B via a bond issue, seeking to use its proceeds to pay for the company's existing debt.

Fri, 12 Apr 2019 07:36:04 GMT

Stadler Rail's IPO valued at $3.8B

Stadler Rail's listing issue price was set at 38 Swiss francs for a share, valuing the Swiss company at 3.8B francs, the group announced on Friday before its planned SIX Swiss Exchange debut.

Fri, 12 Apr 2019 07:31:09 GMT

Santander to bid for 25% of Mexican unit

On Friday, Santander has launched an offer to acquire up to 25% in its Mexican division in a potential all-share deal valued at $2.93B, as the bank seeks to expand in Latin America.

Fri, 12 Apr 2019 06:37:27 GMT

Tesla starts leasing out Model 3 vehicles

Tesla has started to lease out its Model 3 cars on Thursday in the United States in the luxury electric carmaker's efforts to increase its customer base, saying its clients may lease the vehicle for a small down payment and proceed with monthly payments.

Fri, 12 Apr 2019 06:33:14 GMT

Danone to sell its US organic salad unit

On Friday, France's food group Danone stated it had inked a definitive deal for a sale of its US organic salad business Earthbound Farms to Californian firm Taylor Farms, not disclosing the financial details of the agreement.

Fri, 12 Apr 2019 05:36:27 GMT

Ron Burkle seeks acquiring National Enquirer

National Enquirer's owner American Media Inc has entered talks with Ronald Burkle over selling the tabloid to the California-based billionaire, according to the NYT report.

Fri, 12 Apr 2019 04:40:04 GMT

Uber warns it unlikely to make profit

Uber Technologies unveiled late on Thursday its initial public offering might not make a profit, as the ride-hailing firm's growth slows, despite it has about 91M users.

Fri, 12 Apr 2019 04:36:54 GMT

Toshiba shares fall on news LNG deal cancelled

On Friday, Toshiba's shares plunged over 5% on the news the deal to offload its US LNG business had been cancelled as China's ENN Ecological Holdings failed to receive approvals from shareholders.

Fri, 12 Apr 2019 03:17:38 GMT

Campbell to Bolthouse Farms for about $500M

Campbell Soup was nearing a deal to sell the company's fresh food unit Bolthouse Farms for nearly $500M to a group led by the former CEO of the brand, the WSJ reported.

Fri, 12 Apr 2019 03:14:12 GMT

Singapore GDP grows 2.0% in Q1

Singapore's economy expanded more than anticipated in the first quarter from the prior quarter 2.0% on an annualised basis, preliminary data revealed.

Thu, 11 Apr 2019 20:20:34 GMT

Swisscom to expand 5G network

Swisscom, Switzerland's largest telecom company, plans to expand its 5G network to cover the whole country by the end of 2019.

Thu, 11 Apr 2019 20:20:27 GMT

S. Korea foreign direct investment tumbles

Foreign direct investment in South Korea tumbled 35.7% in the first quarter of 2019, compared to the same period in 2018, a government report shows.

Thu, 11 Apr 2019 19:22:44 GMT

S. Korea money supply declines

Money supply in South Korea reached the lowest level in eight months in February as household debts decline, the central bank reports.

Thu, 11 Apr 2019 19:22:37 GMT

China CPI rises

The Chinese consumer price index, a measure of inflation, increased 2.3% in March compared to the same period the prior year, the National Bureau of Statistics reports.

Thu, 11 Apr 2019 17:46:52 GMT

Indonesia manufacturing sector expands

The manufacturing sector in Indonesia expanded at a faster pace in the first quarter of 2019, a survey conducted by the central bank shows.

Thu, 11 Apr 2019 17:46:45 GMT

Pangang expects higher profits

Pangang Group, the largest vanadium production company in China, expects a 77% increase in profits in Q1, compared to the same period in 2018.

Thu, 11 Apr 2019 17:26:38 GMT

Daihatsu Motor to recall 1.92M vehicles

Japan's Daihatsu Motor Co. plans to recall around 1.92M vehicles in Japan due to manufacturing errors that can cause issues with the braking system.

Thu, 11 Apr 2019 17:25:32 GMT

Philippine exports rise

The Philippines exported $13.14B of goods in February, a 1.2% increase compared to the same period the prior year, the Philippine Statistics Authority reports.

Thu, 11 Apr 2019 15:54:31 GMT

AT&T denies HBO Europe sale

WarnerMedia's CEO John Stankey announced that its parent group AT&T was not exploring a sale of HBO Europe business unit, calling the false news report "inaccurate and baseless".

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