News

Note: This section contains information in English only.
Fri, 16 Nov 2018 19:03:44 GMT

European stocks stumble, as Brexit anxiety continues

On Friday, the European stocks faltered, as investors and traders waited to see if UK's Prime Minister Theresa May would face a vote of no-confidence.

Fri, 16 Nov 2018 18:10:38 GMT

Tesla to begin taking orders in China for Model 3 sedan

On Friday, Tesla Inc CEO Elon Musk said that the electric carmakers have began to take orders for its Model 3 sedan in China.

Fri, 16 Nov 2018 18:09:51 GMT

White House to briefly reinstate CNN correspondent's access

On Friday, the White House said that it would temporarily reinstate CNN reporter's access after a US judge restored Jim Acosta's press credentials.

Fri, 16 Nov 2018 17:21:51 GMT

US prosecutors plan criminal case against Assange

The US prosecutors are planning to file a criminal lawsuit against the founder of Wikileaks Julian Assange.

Fri, 16 Nov 2018 17:20:50 GMT

US Dollar edges lower on Fed remarks

On Friday, the US Dollar edged lower after a senior Federal Reserve official said that the country's interest rates are closer to neutral rate.

Fri, 16 Nov 2018 16:29:32 GMT

Visa to purchase minority stake in Indian firm BillDesk

On Friday, the payments processor Visa stated it would acquire a minority stake in India's payment gateway BillDesk for an undisclosed sum, seeking to expand its presence in the country.

Fri, 16 Nov 2018 16:10:52 GMT

GE Capital plans healthcare equipment financing unit sale

General Electric's unit GE Capital is planning to sell the healthcare equipment finance arm to the US regional lender TIAA Bank in a deal valued at $1.5B.

Fri, 16 Nov 2018 15:35:51 GMT

Eli Lilly explores off-patent drug asset sale in China

On Friday, Bloomberg reported Eli Lilly was exploring a sale of its off-patent treatment assets in China that could be potentially valued at between $200 and $300.

Fri, 16 Nov 2018 15:32:29 GMT

Japan's MUFG becomes leader in bid for DVB's aviation finance

Japan's group Mitsubishi UFJ Financial has become the leading bidder for DZ Bank's aviation financing business, a deal that might be valued at around $1.1B, sources reported.

Fri, 16 Nov 2018 14:38:03 GMT

Kazakh state pension fund buys one-third of Kazatomprom shares

The state-run pension fund of Kazakhstan has acquired one-third of the uranium miner Kazatomprom's shares in its $450M worth Astana and London IPO held this week.

Fri, 16 Nov 2018 14:33:11 GMT

US investigators urge investment banks for info on Danske transactions

The US criminal investigators called on the investment banks, such as JPMorgan, Bank of America and Deutsche Bank, to provide all the information about transactions handled for the Estonian branch of Danske Bank in money laundering probe.

Fri, 16 Nov 2018 13:38:56 GMT

France's ADP privatisation plan raises interest from several consortiums

Several consortiums have raised a strong interest in France's plans to take Aeroports de Paris private, Martin Vial, the state holding chief, reported on Friday.

Fri, 16 Nov 2018 13:35:28 GMT

Energizer to acquire Spectrum's GAC for $1.25B

Spectrum Brands Holdings, the consumer products company, is planning a sale of the global auto care business to the battery producer Energizer Holdings in a stock-and-cash deal worth around $1.25B.

Fri, 16 Nov 2018 12:08:28 GMT

Czech PM has no doubts he will never resign over inquiry

On Friday, the Prime Minister of the Czech Republic, Andrej Babis, claimed he would never step down from his post, dismissing the suggestions he might resign due to accusations concerning a fraud probe.

Fri, 16 Nov 2018 12:03:26 GMT

PG&E shares rise 40% on bankruptcy avoidance report

Shares in PG&E surged 40% on Thursday on a regulatory report that the agency seeks to avoid the bankruptcy from the November's deadly wildfires in the northern California.

Fri, 16 Nov 2018 11:00:44 GMT

Stocks and GBP try to recover on Friday

After the drop that occurred previously due to the Brexit deal being made, UK stock indices and the Pound were recovering on Friday.

Fri, 16 Nov 2018 11:00:09 GMT

UK companies prepare for hard Brexit

On Friday, it was announced by a number of UK companies that they are still preparing for a hard Brexit scenario.

Fri, 16 Nov 2018 10:30:48 GMT

Sears gets bankruptcy court approval to sell stores

On Thursday, Sears Holdings has received he US bankruptcy court's approval to move ahead with its plans to sell the company and stores in the firm's efforts to stay in the business.

Fri, 16 Nov 2018 10:25:49 GMT

T-Mobile sees Sprint deal to be completed in 2019 Q1

T-Mobile US stated it was expecting to finalise its takeover of Sprint Corp as soon as the Q1 of the next year amid indications it was receiving from regulators, the CFO J. Braxton Carter announced.

Fri, 16 Nov 2018 09:09:57 GMT

Rovio Entertainment needs new games to revive sales

The "Angry Birds" maker Rovio Entertainment stated on Friday it needed to launch new games to boost growth and revitalise sales that were expected to drop that year after a report of the higher Q3 profits.

Fri, 16 Nov 2018 09:04:50 GMT

Britain's Kier confident of meeting annual expectations

On Friday, the UK builder Kier Group stated it was set to meet its full-year expectations amid a robust second half, saying it was confident of shrugging off the hit to construction sector caused by Brexit.

Fri, 16 Nov 2018 07:51:45 GMT

Bahrain closes $912M deal with Bell Helicopter

Bahrain has clinched a $912M agreement to acquire twelve AH-1Z Viper helicopters from the US aerospace manufacturer Bell Helicopter Textron, according to a Bahrain News outlet's report.

Fri, 16 Nov 2018 07:51:15 GMT

ABB in talks over Power Grids sale

ABB is in negotiations with at least three Asian suitors, Mitsubishi Electric, Hitachi and China's State Grid, over a potential sale of the Swiss engineering firm's power grids business.

Fri, 16 Nov 2018 07:38:00 GMT

Jet Airways shares jump on Tata rescue deal

On Thursday, shares of the Indian carrier Jet Airways surged 25% on reports that the struggling airline will be rescued by India's Tata Sons.

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