News

Note: This section contains information in English only.
Fri, 02 Nov 2018 20:00:44 GMT

London, Dublin and DUP discuss chances of Brexit deal

On Friday, senior British and Irish Ministers and the leader of the Northern Ireland unionist party expressed confidence, that a Brexit agreement would be reached in the following weeks.

Fri, 02 Nov 2018 19:08:34 GMT

Chevron's and Exxon's earnings increase

On Friday, the earnings for the two biggest US oil companies surged on higher on crude oil prices.

Fri, 02 Nov 2018 19:08:22 GMT

CNBC: US denies report of possible trade deal with China

According to a CNBC reporter, a top Trump administration official has denied a report made by the media, that the US President Donald Trump was preparing for a potential trade deal with China.

Fri, 02 Nov 2018 18:04:50 GMT

US aims at more Chinese companies

On Friday, the US Justice Department accused another Chinese company of unfair practices, as the Trump administration increased more pressure on China.

Fri, 02 Nov 2018 18:04:21 GMT

Xi and Trump hopeful on trade after telephone call

The Chinese President Xi Jinping and the US President Donald Trump spoke over the telephone on Thursday and expressed a desire about solving their trade dispute.

Fri, 02 Nov 2018 17:20:51 GMT

US Dollar surges after positive jobs data

On Friday, the US Dollar appreciated against the Japanese Yen after a pretty strong Non-Farm payrolls report.

Fri, 02 Nov 2018 17:19:53 GMT

Brazil's President-elect threatens to end diplomatic ties with Cuba

On Friday, Jair Bolsonaro, the Brazilian President-elect, said that there was no point keeping a diplomatic relationship with Cuba because of human rights violation.

Fri, 02 Nov 2018 16:33:42 GMT

Alibaba trims sales estimates due to economic uncertainty

On Friday, the Chinese group Alibaba Holding is set to cut its annual sales estimates to around $54.4B-$55.6B amid concerns over the economic impact from the US-China trade war.

Fri, 02 Nov 2018 16:25:49 GMT

Chevron's Q3 profit doubles on US oil output growth

Chevron, the US natural gas and oil producer, reported on Friday its Q3 profit doubled to $4.05B from the prior year's $1.95B, boosted by the record-high gas and oil production in the United States.

Fri, 02 Nov 2018 15:39:21 GMT

SoftBank's arm likely to get listing approval in mid-November

The mobile unit of Japan's SoftBank Group is set to get the listing approval from the Tokyo Stock Exchange on November 12.

Fri, 02 Nov 2018 15:37:18 GMT

Buckeye Partners sells storage firm VTTI's stake

The US oil logistics company Buckeye Partners decided to sell its 50% stake in the global energy storage firm VTTI backed by Vitol, both firms announced on Friday.

Fri, 02 Nov 2018 14:38:08 GMT

Boeing plans small or big services M&A

Boeing is eyeing "small or big" mergers and acquisitions in the planemaker's efforts to outrace its rival Airbus in the aircraft services and parts market.

Fri, 02 Nov 2018 14:34:08 GMT

Russia's oil producer Zarubezhneft leaves Iran projects amid sanctions

Russia's oil producer Zarubezhneft has quitted the Iranian projects due to the upcoming US sanctions, according to Reuters.

Fri, 02 Nov 2018 13:17:14 GMT

Tesla plans to weaken tariff impact on Model 3 cars

Tesla stated on Friday it was considering to trim the tariff impact on the carmaker's Model 3 sedan by making more vehicles in China's Shanghai.

Fri, 02 Nov 2018 13:06:29 GMT

Exxon Mobil posts better-than-expected profit

On Friday, Exxon Mobil posted its quarterly profit, beating analysts' forecasts on the higher prices for its natural gas and oil; however, the production volumes dropped on year-on-year basis.

Fri, 02 Nov 2018 10:56:22 GMT

Apple warns about holiday sales

On Friday, Apple Inc warned that the sales during the holiday quarter will not reach Wall Street's expectations. The announcement caused a decline of Apple' stock price.

Fri, 02 Nov 2018 10:55:52 GMT

US allows allies to buy Iranian oil

The government of the United States has allowed eight countries to purchase Iranian oil. Among the countries are India, South Korea and Japan.

Fri, 02 Nov 2018 10:33:48 GMT

Swiss tech firm Comet hit by chip sector slowdown

Comet Holding, the Swiss tech group, has reiterated on Friday it was expecting to miss this year's estimates set in August due to a sharp slump in orders from semiconductor market.

Fri, 02 Nov 2018 10:24:43 GMT

GM postpones two renovation projects amid cost cutting plan

General Motors has decided to halt its two renovation projects at the carmaker's centres in the area of Detroit, offering its 18K salaried employees in North America the voluntary severance packages.

Fri, 02 Nov 2018 09:38:54 GMT

Symantec shares rise after topping Q2 profit forecasts

The cybersecurity company Symantec reported better-than-expected Q2 profit on Thursday, sending its shares up over 8% in the extended trade.

Fri, 02 Nov 2018 09:35:05 GMT

Starbucks posts better-than-expected Q3 sales

On Thursday, Starbucks reported a higher-than-expected surge in its Q3 sales at its established stores, boosted by increased prices in China and the United States, sending the company's shares up 9%.

Fri, 02 Nov 2018 08:22:46 GMT

Faraday Future to consider all strategic options

The ailing electric vehicle maker Faraday Future is set to explore all of the strategic options, including equity and debt financing, a few days after the company's co-founder Nick Sampson resigned.

Fri, 02 Nov 2018 08:18:44 GMT

Illumina to acquire Pacific Biosciences for $1.2B

The gene sequencing firm Illumina stated on Thursday it would acquire its California-based rival Pacific Biosciences in a deal worth $1.2B in cash, as the company sought expansion in the market.

Fri, 02 Nov 2018 06:25:37 GMT

BMW launches car-sharing service in London

On Thursday, BMW claimed that it has launched a car-sharing service DriveNow in London after getting the final approval from thirty three London's districts.

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