News

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Mon, 27 Nov 2017 19:58:47 GMT

Unilever to buy bodycare products firm Sundial Brands

Unilever is set to buy US-based firm Sundial Brands, hair and skincare products maker, extending deeper in the rapidly-growing market of personal care products.

Mon, 27 Nov 2017 18:50:30 GMT

China to maintain GDP target at 6.5% in 2018

Chinese leaders are set to keep its annual GDP growth target of nearly 6.5% next year, even as they boost efforts to hamper a destabilized upbuilding of debt in the economy.

Mon, 27 Nov 2017 18:43:37 GMT

US Vice President to discuss trade with US automakers

Mike Pence, the US Vice President, and the senior trade official are likely to discuss trade issues with top executives from Ford, General Motors and Fiat Chrysler later on Monday.

Mon, 27 Nov 2017 18:18:46 GMT

China reveals three-year plan to fuel manufacturing sector

China's top state planner disclosed a three-year plan to strengthen the country's manufacturing sector, in an attempt to integrate large data with the real economy.

Mon, 27 Nov 2017 18:17:43 GMT

ECB calls for trading platform for bad loans

The European Central Bank urged the creation of electronic platform to trade bad bank loans, which caused weaker activity of the banks of the Euro zone.

Mon, 27 Nov 2017 17:12:08 GMT

US auto sales likely to ease in November

JD Power and LMC Automotive said that the US vehicle sales are expected to fall 0.2% in November despite solid discounts, as automakers aimed to clear out unsold 2017 model cars.

Mon, 27 Nov 2017 17:10:43 GMT

Patent fee guidelines of EU to favour Ericsson, Qualcomm, others

EU regulators are expected to reveal patent fee guidelines favouring Ericsson, Qualcomm and other holders of patent despite heavy lobbying by Apple, German carmakers and others.

Mon, 27 Nov 2017 16:13:17 GMT

BNP Paribas to extend cross-selling with Bank of the West

BNP Paribas announced that its CIB unit in the US is likely to step up mergers and acquisitions services provided for corporate customers of its subsidiary Bank of the West.

Mon, 27 Nov 2017 16:10:51 GMT

US new home sales at ten-year high in October

Sales of new single-family homes in the US rose unexpectedly in October, reaching the ten-year high of 685K units, due to robust demand throughout the country.

Mon, 27 Nov 2017 15:29:51 GMT

US Pence to meet carmakers' top officials on Monday

According to the White House, the US Vice President Mike Pence will have a scheduled meeting with the General Motors, Fiat Chrysler and Fiat senior officials later on Monday.

Mon, 27 Nov 2017 15:24:30 GMT

Syria's congress in Russia delayed until February

The Russian RIA news outlet stated on Monday that the Syrian Congress that was set to take place in Russia's city of Sochi in November had been postponed until February.

Mon, 27 Nov 2017 14:15:53 GMT

Israeli firm Illusive signs deal with OakNorth bank

The Israeli cyber-security company Illusive Networks stated on Monday that it had inked a deal with the British bank OakNorth to provide its deception technology platform.

Mon, 27 Nov 2017 13:53:02 GMT

Shell ties with carmakers to deploy ultra-fast EV chargers

Royal Dutch Shell cooperated with the automaker joint venture IONITY over deploying ultra-fast chargers for electric vehicles on Europe's highways.

Mon, 27 Nov 2017 13:01:39 GMT

Lebanese leader holds talks over Hariri's government

The Lebanon President Michel Aoun held talks with political leaders on Monday over the PM Saad al-Hariri government's future, following his decision to postpone the unexpected resignation.

Mon, 27 Nov 2017 13:01:29 GMT

Court bars Uber's trial programme in Israel

On Monday, Israel's Court ordered the US taxi service Uber to halt its trial programme in Tel Aviv, following the Israeli Transportation Ministry complaints over its drivers' business licenses.

Mon, 27 Nov 2017 12:00:39 GMT

Berlusconi sees Carabinieri head as Italy's next PM

Silvio Berlusconi suggested on Sunday that the Carabinieri general Leonardo Gallitelli could become Italy's next Prime Minister, in case his centre bloc wins the 2018 national elections.

Mon, 27 Nov 2017 11:59:26 GMT

Kremlin claims Chechnya head to remain in post

On Monday, the Kremlin stated that the head of Chechnya Ramzan Kadyrov would stay in his position, despite the comments he had made on his presumable resignation.

Mon, 27 Nov 2017 10:59:26 GMT

Euro reaches two-month high against US Dollar on Monday

The Euro reached a new two-month high of $1.1997 against the US Dollar on Monday, as the formation of the ‘grand coalition' eased political tensions in Germany.

Mon, 27 Nov 2017 10:58:06 GMT

PLDT is likely to involve Chinese partner for its digital unit, says CEO

The telecommunications company PLDT Inc. was likely to draw in a strategic partner from China for its digital unit Voyager Innovations, the company's CEO said on Monday.

Mon, 27 Nov 2017 10:07:57 GMT

Only 24% of Catalans seek to pursue exit from Spain

According to the El Pais newspaper's poll published on Monday, only 24% of Catalans seek to continue with the region's independence process after the elections scheduled for December 21.

Mon, 27 Nov 2017 10:01:11 GMT

China to spend over $3B on CEE investment projects

China was planning to pledge more than $3B in funding for the Central and Eastern Europe's investment and development projects, the country's Premier Li Keqiang stated on Monday.

Mon, 27 Nov 2017 09:06:18 GMT

Myanmar's State Counsellor to visit Beijing

Myanmar's State Counsellor Aung San Suu Kyi is set to visit China in the near future, as Myanmar aims to stay closer to its neighbour amid the Western criticism over Rohingya exodus.

Mon, 27 Nov 2017 08:58:37 GMT

Samsung Elec shares fall to one-month low on Monday

Shares in Samsung Electronics dropped over 4% on Monday to its one-month low, following Morgan Stanley's cut view on South Korea's tech giant, forecasting another boom in its memory chips soon.

Mon, 27 Nov 2017 08:28:11 GMT

6.2-magnitude quake hits Papua New Guinea

According to the US Geological Survey, a 6.2-magnitude earthquake hit Papua New Guinea on Monday; however, no information on injuries or damage has been reported yet.

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