News

Note: This section contains information in English only.
Wed, 30 Jan 2019 07:38:37 GMT

Apple reports sharp growth in services business

Apple reported a sharp growth in the tech giant's services business, while its CEO Tim Cook stated that the trade tensions between China and the United States were easing, allowing the company to recover its shares in hours.

Wed, 30 Jan 2019 07:35:32 GMT

China's NIO plans raising $650M with convertible bond

On Wednesday, China's electric vehicle maker NIO has launched a $650M convertible bond, a few months after its initial public offering in New York.

Wed, 30 Jan 2019 06:08:12 GMT

Apple to cut iPhone prices overseas to offset dollar

Apple is eager to trim the price of some of the tech giant's flagship iPhones overseas, seeking to offset the rising US dollar.

Wed, 30 Jan 2019 06:03:50 GMT

ScS Group considers acquiring Sofa.com

ScS Group, the British carpet and sofa retailer, stated on Tuesday it entered talks to potentially acquire Sofa.com, which had been out up for a sale the last month.

Wed, 30 Jan 2019 05:39:05 GMT

Nissan CEO to meet new Renault chairman this Thursday

Nissan Motor's CEO Hiroto Saikawa is set to hold first official discussion with Renault's new Chairman Jean-Dominique Senard scheduled for this Thursday in the Netherlands, according to NHK.

Wed, 30 Jan 2019 05:35:25 GMT

Pinterest picks investment banks to lead IPO

Pinterest, the image search website owner, hired JPMorgan Chase and Goldman Sachs Group to lead the company's initial public offering planned later this year.

Wed, 30 Jan 2019 04:09:10 GMT

UK shop prices increase at strongest pace nearly six years

Prices in the UK shops significantly in January, though inflation was not a big risk, while the country is able to avoid a no-deal Brexit,.

Wed, 30 Jan 2019 04:09:04 GMT

Costa Rica's economy expands 2.7% in 2018

Costa Rica's economy grew 2.7% last year, the country's Central Bank stated, missing the target and registering weaker growth than the previous year.

Wed, 30 Jan 2019 03:00:40 GMT

Japan retail sales rise in December

Japan's retail sales grew more than anticipated last month, as consumers increased their spending on home appliances and clothes, which is likely to ease some concern over the private consumption outlook.

Wed, 30 Jan 2019 02:55:48 GMT

AMD shares grow on strong data centre revenue

Advanced Micro Devices reported the strongest quarterly increase in data centre sales and expected revenue to be above estimates in fiscal 2019, sending shares up 10% in after-hours trading.

Tue, 29 Jan 2019 21:14:28 GMT

Italy's PPI grows 4.1% in December

The Producer Price Index of Italy grew 4.1% year-over-year in December, below the 4.5% increaase observed in the prior month, the ISTAT stated.

Tue, 29 Jan 2019 21:12:32 GMT

Spain's employment increases markedly in 2018

Spain saw the strongest growth in employment in the 12-year period in the prior year, the INE report showed, the number of employed people rose to 19.56M.

Tue, 29 Jan 2019 20:31:02 GMT

British personal insolvencies rise in Q4

The number of Britons in insolvency rose to the highest level since 2010 in late 2018, according to the official report, indicating that is will likely add to unease on the health of the UK economy ahead of Brexit.

Tue, 29 Jan 2019 20:28:53 GMT

German government expects wages, employment up this year

The German government anticipated employment to reach a record-high level in 2019 and wages to increase, the Handelsblatt reported.

Tue, 29 Jan 2019 19:28:10 GMT

US State Department approves possible Aegis system sale to Japan

The US State Department approved a possible sale of two AEGIS Weapon Systems made by Lockheed Martin and missile defence equipment to Japan for an approximate cost of up to $2.15B.

Tue, 29 Jan 2019 19:25:28 GMT

Harley Davidson anticipated shipments to slump this year

Harley-Davidson reported worse-than-anticipated quarterly profit and forecast a decline in global shipments of the company's motorcycles in 2019, sending its shares down more than 7% in afternoon trading.

Tue, 29 Jan 2019 18:31:49 GMT

US consumer morale falls markedly

The US consumer confidence dropped to the lowest level in more than a year in January as a partial government shutdown and turmoil of financial markets left households nervous about the prospects of the economy.

Tue, 29 Jan 2019 18:29:12 GMT

NY watchdog fines StanChart $40M

The New York DFS fined Standard Chartered $40M for the attempts to rig transactions in FX markets in the 2007-2013 period, the regulator stated.

Tue, 29 Jan 2019 16:52:06 GMT

Ryanair takes rest of Austria's Laudamotion

Ryanair, the Irish budget carrier, acquired the remaining 25% in the airline's Austrian arm Laudamotion, it announced on Tuesday, not disclosing the financial terms of the deal.

Tue, 29 Jan 2019 16:51:49 GMT

GameStop ceases efforts to sell firm

The world's biggest gaming console and video games retailer, GameStop stated it had given up on trying to sell the company, after failing to find a buyer on favourable terms, sending its shares down 21% on Tuesday.

Tue, 29 Jan 2019 16:15:21 GMT

VW seeks Traton truck IPO this spring

Volkswagen is planning to launch an initial public offering of its truck division Traton in April, expecting to sell its shares worth up to $6.9B, sources reported on Tuesday.

Tue, 29 Jan 2019 16:10:09 GMT

Saudi Aramco ties up with Axens, TechnipFMC

On Tuesday, Saudi Aramco Technologies has teamed up with TechnipFMC and Axens in a joint agreement to boost its catalytic crude development and commercialisation to chemicals technology.

Tue, 29 Jan 2019 15:39:32 GMT

Corning posts higher-than-expected profit, revenue

Apple's supplier Corning reported higher-than-expected profit and revenue results for the fourth quarter, boosted by a higher demand from the telecoms companies.

Tue, 29 Jan 2019 15:36:57 GMT

Verizon disappoints analysts with Q4 revenue estimates

On Tuesday, Verizon Communications reported lower-than-expected Q4 revenue estimates, but said it had almost doubled its new wireless subscribers, meeting analysts' forecasts.

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