News

Note: This section contains information in English only.
Tue, 14 Jan 2020 10:39:34 GMT

Vivendi calls on Dutch court to ban Mediaset merger plan

Vivendi urged a Holland court to block the merger deal between Mediaset TV and its Spanish division into a Dutch vehicle, Italy's broadcaster stated.

Tue, 14 Jan 2020 09:00:22 GMT

UK's Johnson calls on Huawei critics to offer alternatives

Britain's Prime Minister Boris Johnson called on Huawei critics to suggest other alternative technology that might be used in the British new 5G networks instead of the Chinese tech giant's equipment.

Tue, 14 Jan 2020 07:45:05 GMT

Vietnam's Vingroup cancels plan to trigger airline

Vingroup JSC, Vietnam's largest conglomerate, announced on Tuesday it decided to cancel its plan for an airline launch, as it sought to focus on industrial production and technology development instead.

Tue, 14 Jan 2020 07:39:16 GMT

Renault-Nissan alliance in no danger to be dissolved

The French carmaker Renault and its Japanese partner Nissan stated their alliance was not headed for a break-up, denying a report by media of a potential dissolution that sent the alliance's shares down to their record-lows.

Tue, 14 Jan 2020 05:51:47 GMT

Visa agrees to buy software startup Plaid

Visa Inc has agreed to buy financial technology startup Plaid Inc for $5.3 billion deal. The company announced on Monday.

Tue, 14 Jan 2020 05:01:20 GMT

Japanese Yen declines on Tuesday

The Japanese Yen declined to an eight-month low against the US Dollar on Tuesday, after the US changed its decision to label China as a currency manipulator.

Tue, 14 Jan 2020 04:01:21 GMT

Johnson visits Northern Ireland

On Monday, UK's PM Boris Johnson met with First Minister Arlene Foster of the DUP, and her deputy, Michelle O'Neill to mark the revival of devolved government in the province for the first time in 3 years.

Tue, 14 Jan 2020 03:18:20 GMT

Iran is unlikely to block the Strait of Hormuz

According to analysts on Monday, Iran is unlikely to close the Strait of Hormuz over the killing of the Iranian top military commander Qassem Soleimani.

Mon, 13 Jan 2020 20:51:20 GMT

Ford's China sales fall 26%

Ford Motor's vehicle sales in China declined 26.1% for a third year, falling for a third year in a row, while it battled prolonged overall sales decrease in the second-biggest market.

Mon, 13 Jan 2020 19:45:39 GMT

Maersk to boost land transportation activities

Maersk announced plans to concentrate on premium services, including cold storage, to avoid competing with freight-forwarding clients, while expanding its land transportation business.

Mon, 13 Jan 2020 18:59:04 GMT

Thyssenkrupp intensify efforts to sell Industrial Solutions

The German conglomerate Thyssenkrupp has stepped up its efforts to sell the Industrial Solutions unit, the construction company that builds industrial sites and plants, according to the Financial Times report.

Mon, 13 Jan 2020 17:56:17 GMT

Renault shares drop on worries about Nissan alliance

On Monday, Renault shares reached their six-year low as shareholders are worried the French carmaker's cost-sharing alliance with the Japanese car manufacturer Nissan might break up without its ex-CEO Carlos Ghosn.

Mon, 13 Jan 2020 16:47:59 GMT

Peugeot family seeks raising PSA-FCA stake

The Peugeot family, the owner of 6.2% stake in the PSA-Fiat Chrysler tie-up, is seeking to raise its holding in the nearest time by up to 2.5%, a representative stated in an interview.

Mon, 13 Jan 2020 15:51:54 GMT

Ford Motor's China car sales fall 26%

Ford Motor's vehicle sales in China plunged by 26.1% for the third year in succession, as the carmaker struggles with an overall sales decline in the Chinese market that had hit demand for Ford's mass-market brand and SUVs.

Mon, 13 Jan 2020 15:39:40 GMT

World stock markets hover close to record levels

On Monday, global stock markets were hovering near their record levels right ahead of the Phase 1 US-China trade deal that is expected to be signed in the nearest time, according to Reuters.

Mon, 13 Jan 2020 13:53:36 GMT

New Boeing CEO takes over amid 737 MAX crisis

David Calhoun, the new Boeing CEO, has taken over his duties on Monday, as the US planemaker struggles to recover after fatal crashes involving its 737 MAX aircraft that claimed lives of 346 people and triggered the jet's worldwide grounding.

Mon, 13 Jan 2020 13:39:49 GMT

Queen Elizabeth to meet Prince Harry over family crisis

On Monday, Queen Elizabeth together with her heirs is set for a meeting with Prince Harry to thrash out the plan for the grandson and his wife Meghan after the couple announced they would step back from their royal duties.

Mon, 13 Jan 2020 11:40:21 GMT

UK carrier Flybe seeks survival via financing

The regional British carrier Flybe is seeking survival and the UK government has been called upon for financing talks to prevent another airline failure in recent months, media reported on Monday.

Mon, 13 Jan 2020 10:53:28 GMT

US officials to visit UK over Huawei 5G role

On Monday, US officials are set to visit Britain, seeking to persuade the country not to use the Huawei equipment in its 5G telecoms network's upgrade, Reuters reported.

Mon, 13 Jan 2020 10:27:40 GMT

US launches inquiry into Fitbit, Garmin after Philips complains

The US trade regulators launched an investigation into wearable monitoring devices made by such brands as Fitbit Inc and Garmin Ltd, after the patent violation allegations filed by rival Koninklijke Philips.

Mon, 13 Jan 2020 08:48:29 GMT

Ford's China car sales plunge 26%

Ford Motor's vehicle sales in China dropped by 26.1% for the third consecutive year, as the carmaker struggles with an overall sales decline in the second-largest market that had hit demand for Ford's mass-market brand and SUVs.

Mon, 13 Jan 2020 07:40:00 GMT

Boeing suppliers to tie-up in $6.4B deal

The composites technology firm Hexcel Corp and the industrial and aircraft parts maker Woodward announced their planned all-stock merger of equals, seeking to build the integrated systems provider for the industrial and aerospace sectors.

Mon, 13 Jan 2020 05:55:24 GMT

Indonesia, UAE sign $23B agreement

The President of Indonesia Joko Widodo stated on Monday that his country has signed a $23B deal with the United Arab Emirates covering investments in the area of energy.

Mon, 13 Jan 2020 05:16:04 GMT

Walmart fires 50 executives in India

According to sources familiar with the matter, Walmart ended relationship with nearly 50 executives in pre process of restructurisation of its business in India.

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