News

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Tue, 27 Mar 2018 14:09:24 GMT

Deutsche Bank looking for new CEO amid slow turnaround

Deutsche Bank is seeking a new CEO to replace John Cryan, as investors are disappointed with the loss-making German lender's slow turnaround, sources familiar with the issue reported.

Tue, 27 Mar 2018 12:09:15 GMT

Ireland to remove Russian diplomat over Salisbury attack

Ireland ordered the expulsion of a Russian diplomat in retaliation to the Salisbury nerve agent attack on Russia's former spy that took place earlier this month.

Tue, 27 Mar 2018 11:58:33 GMT

French retailer Casino shares up amid Amazon deal

On Tuesday, shares in French retailer Casino soared 4.1% to €39.10, after the company's Monoprix chain had clinched a deal to sell its grocery products via Amazon Prime.

Tue, 27 Mar 2018 11:35:22 GMT

Ryder Systems to start asset-sharing service for commercial cars

The US truck rental and leasing firm Ryder System announced on Tuesday it would launch an asset-sharing platform called COOP designed for commercial vehicles.

Tue, 27 Mar 2018 11:33:45 GMT

Apple to present new lower-priced iPad on Tuesday

Apple was expected to present its lower-priced iPad model at Chicago education event, as the tech giant seeks to dominate in the US school over its rivals.

Tue, 27 Mar 2018 10:17:17 GMT

German import prices drop in February

Destatis reported on Tuesday that German import prices tumbled 0.6% over the course of February, following a 0.5% uptick registered in the preceding month.

Tue, 27 Mar 2018 10:16:38 GMT

Spanish flash March CPI misses estimates

According to the data released by the National Statistics Institute, Spain's flash CPI came in at a 1.2% annual rate in March, missing analysts' expectations for a 1.5% print.

Tue, 27 Mar 2018 09:35:23 GMT

Zuckerberg refuses to answer lawmakers' questions on data row

The head of Facebook Mark Zuckerberg is not set to answer the British lawmakers' questions over the private user data scandal, linked to the consultancy Cambridge Analytica, according to a letter published by the social media platform.

Tue, 27 Mar 2018 09:31:48 GMT

China Southern Airlines calls on US firms to oppose against protectionism

On Tuesday, China Southern Airlines' Chairman Wang Changshun called on the US companies to speak out against protectionism, which the carrier strongly opposes.

Tue, 27 Mar 2018 08:36:32 GMT

US to include question on citizenship status in 2020 Census

The United States is planning to add a question over citizenship status to the 2020 Census, seeking to help enforcing the Voting Rights Act; however, California sued to bar such a move.

Tue, 27 Mar 2018 06:54:19 GMT

China seeks promoting standardisation in e-vehicles

China is planning to improve its level of standardisation in the country's electric car industry, as it seeks to position itself as a car-making leader in the future and help combat smog.

Tue, 27 Mar 2018 06:54:06 GMT

Monoprix to launch grocery delivery service via Amazon Prime

France's Monoprix is set to launch its food delivery service Paris via the Amazon Prime Now this year amid Amazon's intentions to expand in the food retail sector.

Tue, 27 Mar 2018 06:34:44 GMT

Arizona halts Uber's ability to test automotive cars

On Monday, Arizona's government decided to suspend the ability of Uber to test its self-driving vehicles on public roads, following a fatal car accident last week.

Tue, 27 Mar 2018 06:32:56 GMT

Finland's Hatch tests streaming access to mobile games

Finland's Hatch Entertainment is developing a Netflix-style streaming access to the mobile games, seeking to launch them with flat-free monthly bids.

Tue, 27 Mar 2018 04:52:34 GMT

Hyundai's union calls revised trade agreement with US ‘humiliating'

The South Korean labour union of Hyundai Motor Co said the country's revised trade deal with the US was ‘humiliating' and it showed a missed opportunity to enter the US market.

Tue, 27 Mar 2018 04:52:22 GMT

Yen slips on Tuesday due to higher demand for riskier assets

The Japanese Yen fell during the Asian session on Tuesday, as demand for riskier assets was boosted by optimism on US-China trade talks.

Tue, 27 Mar 2018 04:26:20 GMT

ASIFMA chief urges China to improve market access to foreign investors

The CEO of ASIFMA Mark Austen said China needed to make its capital markets more accessible to foreign investors, as well as allow more risk-hedging tools.

Tue, 27 Mar 2018 04:18:34 GMT

Milost Global terminates $1B deal for granting stake in Unity Bank

The US-based private equity firm Milost Global has terminated a debt-and-equity deal worth $1B that was aimed to grant the company 60% stake in Nigeria's Unity Bank plc.

Tue, 27 Mar 2018 03:32:53 GMT

GM sees South Korean unit to file for bankruptcy

General Motors stated that the company's loss-making South Korean unit is likely to file for bankruptcy if union fails to agree to diminish labour costs by the 20th of April.

Tue, 27 Mar 2018 03:31:17 GMT

US, Mexico sign accords on border cooperation

The United Stated and Mexico have signed accords to enhance bilateral customs procedures, as well as expedite the agricultural procedure's flow across the border, both governments stated.

Tue, 27 Mar 2018 01:54:56 GMT

Australian new home sales fall 0.7% last month

The HIA reported that new home sales dropped 0.7% in February, after falling 2.1% in the preceding month.

Tue, 27 Mar 2018 01:53:56 GMT

BoJ SPPI rises 0.6% year-over-year in February

The Bank of Japan reported on Tuesday that its SPPI rose 0.6% on an annual basis in February, missing analysts' expectations for a 0.7% increase.

Mon, 26 Mar 2018 20:09:31 GMT

Turkey asks for removal of EU entry barriers

The President of Turkey Tayyip Erdogan on Monday announced that at the EU and Turkish summit he will seek the removal of all obstacles that stop Turkey from joining to the EU.

Mon, 26 Mar 2018 20:09:21 GMT

Stocks recover on Monday

On Monday technology stocks were credited with the rebound in the financial markets, as this sector gained the most.

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