News

Note: This section contains information in English only.
Wed, 12 Sep 2018 13:51:40 GMT

EnQuest halts sale talks over Kraken stake amid debt deadline

EnQuest has dropped its plans to sell its stake in the North Sea oilfield Kraken, as the deadline for the company's debt approached, according to the banking and industry sources.

Wed, 12 Sep 2018 13:39:00 GMT

Ex-minister Davis: Britain to reset Brexit plans after talks in Salzburg

David Davis, the ex-Brexit Secretary, stated that the British PM Theresa May's government was likely to change Brexit plans, following informal meeting of the EU officials in Salzburg next week.

Wed, 12 Sep 2018 12:32:28 GMT

Italian ruling coalition calls for Consob chief resignation

On Wednesday, the Italian ruling coalition stated its chief of Consob Mario Nava should step down amid his ties to the EU row with Nava's institutional role.

Wed, 12 Sep 2018 12:29:12 GMT

Russian and German ministers to hold talks on Syria, Ukraine

According to the German Foreign Ministry's spokeswoman, the Russian and German ministers Sergei Lavrov and Heiko Maas are set to hold talks over Ukraine and Syria problems on the Friday meeting in Berlin.

Wed, 12 Sep 2018 11:37:05 GMT

Nielsen Holdings to expand its strategic alternatives review

On Tuesday, the TV rating provider Nielsen Holdings stated it would expand its strategic alternatives review to include its entire company sale, after Elliott Management had urged to do so.

Wed, 12 Sep 2018 11:34:14 GMT

Stanley Black & Decker to acquire 20% stake in MTD

On Wednesday, Stanley Black & Decker stated it had agreed to acquire a 20% stake in the privately-owned firm MTD Products in a deal valued at $234M.

Wed, 12 Sep 2018 09:59:01 GMT

Oil trades near $70

On Wednesday, oil prices hovered near the $70 level, which was the highest reached level by the commodity during this year.

Wed, 12 Sep 2018 09:58:28 GMT

New York overtakes London in Finance

A recent survey published by Z/YEN New York has taken the first place in the top of the global financial hubs. New York has overtaken London due to Brexit.

Wed, 12 Sep 2018 09:33:32 GMT

NXP shares fall on post-Qualcomm strategy

NXP Semiconductors' shares plunged 4.4% this Tuesday after its executives outlined a new strategy following this year's collapse of a merger deal with Qualcomm.

Wed, 12 Sep 2018 09:29:04 GMT

Social media services to face EU fines over extremists content

On Wednesday, the EU's Chief Executive stated that the social media platforms, such as Facebook, Twitter or Google, would face a fine, if the extremist posts stayed up online more than an hour.

Wed, 12 Sep 2018 08:39:12 GMT

EU head Juncker sees Africa free trade agreement

The head of the European Commission Jean-Claude Juncker stated on Wednesday that the bloc could offer Africa to sign a free trade deal.

Wed, 12 Sep 2018 08:36:51 GMT

German consumer organisation to file class action lawsuit against VW

Germany's consumer protection organisation vzbv has filed a class action suit on Wednesday against Volkswagen on November 1.

Wed, 12 Sep 2018 07:18:57 GMT

FCC suspends review of Sprint-T-Mobile merger

The Federal Communications Commission has set its review of the merger between Sprint and T-Mobile on a pause, as an intention to provide the agency with more time to analyse new submissions from the firms.

Wed, 12 Sep 2018 07:14:46 GMT

NZX teams up with Nasdaq seeking dual listings

New Zealand's NZX has partnered with the US exchange Nasdaq, seeking to explore opportunities in depository receipts and dual listings, as the NZ bourse seeks attracting international share sales.

Wed, 12 Sep 2018 06:38:52 GMT

Marathon seeks e.l.f Beauty to cut costs or sell itself

Marathon Partners, the US activist investor, called on the cosmetics producer e.l.f. Beauty to sell itself or reduce the company's costs, according to the Wall Street Journal.

Wed, 12 Sep 2018 06:35:50 GMT

Brazil's Previ calls for more details on Being-Embraer deal

The Brazil pension fund Previ's Chief Investment Officer urged on Tuesday for more details on the Boeing-Embraer deal to approve their proposed merger.

Wed, 12 Sep 2018 05:36:22 GMT

Putin plans to meet with Mexican President

On Tuesday, Russian news agency Tass claimed that the President of Russia Vladimir Putin is planning to meet with the newly-elected Mexican President Andres Manuel Lopez Obrador by the end of the year.

Wed, 12 Sep 2018 05:33:08 GMT

Ryanair pilots and cabin crew start strike

On Wednesday, pilots and cabin crew of Irish low-cost carrier Ryanair started a full-day strike in Germany to put a pressure on company's management in labor negotiations.

Wed, 12 Sep 2018 03:52:44 GMT

Carlyle Group in talks to acquire Sedgwick Claims

Carlyle Group LP, a Washington-based private equity firm, is in talks to acquire the largest insurance claims service company in the US Sedgwick Claims Management Services Inc for more than $6B.

Wed, 12 Sep 2018 03:47:37 GMT

US and Japan to hold second round of trade talks

The US Trade Representative Robert Lighthizer and the Minister of Economy of Japan Toshimitsu Motegi will hold a second round of trade negotiations on September 21 in the US.

Wed, 12 Sep 2018 03:14:52 GMT

US and Russia's energy ministers to discuss cooperation

On Wednesday, Russia's Minister of Energy Alexander Novak claimed that he is planning to discuss the cooperation in energy sector with his US counterpart Rick Perry.

Wed, 12 Sep 2018 03:06:50 GMT

China to implement new measures to promote deleveraging

On Wednesday, Chinese newspaper China Daily stated that the government of China is planning to implement additional measures to promote corporate deleveraging, focusing on state-owned companies.

Wed, 12 Sep 2018 02:39:30 GMT

Asian stocks hit 14-month lows

On Wednesday, the stock markets of the largest stock exchanges in Asia hit 14 month lowest because of the verbal threats between China and the US regarding trade conflict.

Wed, 12 Sep 2018 02:36:12 GMT

Russia: oil market drops due to geopolitics

On Wednesday, Russia's Minister of Energy Alexander Novak claimed that the current "fragile" condition of the oil market is the result of geopolitics and demand drop in some countries.

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