News

Note: This section contains information in English only.
Wed, 06 Sep 2017 04:21:03 GMT

North Korea prepares for more tests

One of North Korean top officials on Tuesday announced to the United Nations that the country has more „gift packages" for the United States.

Wed, 06 Sep 2017 04:20:15 GMT

Wal-Mart starts layaway program

In an effort to profit from the demand for gifts Wal-Mart Stores Inc have already started their holiday layaway program.

Wed, 06 Sep 2017 02:56:53 GMT

Australian economy reveals solid growth in June quarter

The Australian Bureau of Statistics reported that the country's GDP rose 0.8% in the Q2, matching analysts' estimates, helped by higher commodity prices and rising business confidence.

Wed, 06 Sep 2017 02:55:59 GMT

Japan real wages drop sharply, raising pressure on consumer spending

Real wages in Japan fell 0.3% year-over-year in July, as summer bonus payments dropped, causing doubts on the sustainability of enhancing consumer spending.

Wed, 06 Sep 2017 02:17:03 GMT

HP Enterprise revenue rises surprisingly on networking demand

Hewlett Packard Enterprise reported an unexpected increase in revenue, which rose 3% to $6.76B in the June quarter, boosted by higher sales of networking equipment.

Wed, 06 Sep 2017 02:16:28 GMT

Fed's Kaplan still confident on need of trimming balance sheet

The Fed President Robert Kapan stated that damages from Hurricane Harvey could slow US economic growth, but it was not a reason to cancel plans for trimming balance sheet.

Tue, 05 Sep 2017 20:07:30 GMT

Vitamin World to file for bankruptcy protection

On Tuesday, the Vitamin World's CEO Michael Madden said that company plans to file for bankruptcy protection in an attempt to terminate a number of costly lease agreements.

Tue, 05 Sep 2017 20:07:15 GMT

US, UK push China to do more on North Korean crisis

In a telephone conversation on Tuesday, the UK Prime Minister Theresa May and the US President Donald Trump agreed that China must do more to convince North Korea to stop its nuclear tests.

Tue, 05 Sep 2017 19:14:06 GMT

Trump highlights denuclearization priority for North Korea

According to the White House, the US President Donald Trump continues to consider denuclearization of the Korean Peninsula, as the top priority in its response to the latest North Korean nuclear test.

Tue, 05 Sep 2017 19:13:40 GMT

Venezuela arrests nine PDVSA managers

According to sources close to the matter, Venezuelan authorities have arrested the state oil company's PDVSA nine executives, including the western region's boss Gustavo Malave.

Tue, 05 Sep 2017 18:21:35 GMT

Tronc acquires New York Daily News

On Tuesday, the Tronc Inc disclosed its acquisition of the 100-year-old New York Daily News tabloid from Mort Zuckerman, which gave it an access into the American top media market.

Tue, 05 Sep 2017 18:21:18 GMT

United Tech plans to buy Rockwell Collins for $30B

On Monday, the aerospace supplier United Technologies Corp revealed its plans to acquire the avionics and IT services provider Rockwell Collins Inc for $30B in an attempt to become one of the largest aircraft components maker.

Tue, 05 Sep 2017 17:10:36 GMT

Scotland to establish national bank

The Scottish First Minister Nicola Sturgeon said on Tuesday that Scotland planned to create a national bank to support innovation and investment.

Tue, 05 Sep 2017 17:06:37 GMT

Trump discards DACA immigration program

The US President Donald Trump discarded on Tuesday the DACA program which protected from deportation nearly million individuals who were brought to the US illegally as children.

Tue, 05 Sep 2017 16:01:22 GMT

HSBC to refer Latin American clients to UBS

HSBC reached a deal to relocate some of its private banking clients in Latin America to the Swiss UBS in a bid to refocus the company's strategy, Reuters reported on Tuesday.

Tue, 05 Sep 2017 15:57:54 GMT

United Technologies to acquire Rockwell Collins for $30B

The American aerospace supplier United Technologies Corp was to acquire Rockwell Collins Inc in a deal worth $30B, both companies announced on Tuesday.

Tue, 05 Sep 2017 15:29:18 GMT

Facebook looks for WhatsApp monetizing

The Wall Street Journal published on Tuesday that Facebook was finally ready to earn back some of the $22B it had spent during the acquisition deal buying the messaging service three years ago.

Tue, 05 Sep 2017 15:10:12 GMT

Wall Street slips on North Korea tensions

The US stocks slipped on Tuesday, since traders, who just returned from a holiday-lengthened weekend, reacted negatively to North Korea's most powerful hydrogen bomb test .

Tue, 05 Sep 2017 14:07:43 GMT

Ex-Georgian leader may face extradition if enters Ukraine

Ukraine stated it would review Georgia's request to arrest and deport the former President of Georgia Mikheil Saakashvili, if he returned to Ukraine in the following days.

Tue, 05 Sep 2017 13:55:44 GMT

Nasdaq closes $705M acquisition deal with eVestment

The US exchange operator Nasdaq is set to buy the investment analytics provider eVestment Alliance in a deal worth $705M, seeking to broaden its reach to the buy-side clients.

Tue, 05 Sep 2017 13:33:11 GMT

Newspaper firm Tronc acquires NY Daily News

The Los Angeles Times and Chicago Tribune owner Tronc stated it had bought Mort Zuckermann's New York Daily News, not disclosing the price of a deal.

Tue, 05 Sep 2017 13:15:23 GMT

BoE closes deal with Unite to bring pay dispute to end

On Tuesday, the Bank of England reached a deal with the Unite trade union to bring a pay dispute with its staff to an end, following the central bank's first employee strike in over 50 years.

Tue, 05 Sep 2017 12:33:45 GMT

Lego to phase out 8% staff as sales fall

Lego will cut 1.4K of its staff to revamp the business, following a record-low 5% sales drop in over a decade, the company announced on Tuesday.

Tue, 05 Sep 2017 12:25:14 GMT

Germany's Lilium raises $90M from Tencent, others

A German start-up Lilium, which is aimed to develop a five-passenger "flying taxy", raised a $90M round of funding from China's Internet giant Tencent and other top tech investors.

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