News

Note: This section contains information in English only.
Wed, 18 Dec 2024 09:30:03 GMT

Honda and Nissan merger talks

Honda and Nissan have reportedly discussed a possible merger to better compete with electric vehicle makers.

Wed, 18 Dec 2024 06:30:03 GMT

Leading chancellor candidate in Germany plans to cut spending

Leading chancellor candidate plans to cut €100 billion from migration and social spending to address Germany's finances, in contrast to Chancellor Scholz's approach.

Tue, 17 Dec 2024 21:30:03 GMT

SoftBank is set to invest $100 billion in the U.S.

SoftBank CEO Masayoshi Son announced that SoftBank would invest $100 billion in the U.S. over four years, focusing on AI and infrastructure.

Tue, 17 Dec 2024 18:30:04 GMT

The UK's Royal Mail changes ownership

The government has approved the £3.6bn sale of Royal Mail's parent company to Czech billionaire Daniel Kretinsky, while keeping a "golden share" to approve major changes.

Tue, 17 Dec 2024 15:30:04 GMT

German chancellor Olaf Scholz loses confidence from the parliament

Olaf Scholz lost a historic vote of confidence in the German parliament, intentionally calling for it to trigger early national elections after the collapse of his government.

Tue, 17 Dec 2024 12:30:02 GMT

China's capital outflow

China's capital markets saw a record $45.7 billion outflow in November, with a deficit from $188.9 billion in receipts and $234.6 billion in payments.

Tue, 17 Dec 2024 12:27:11 GMT

HSBC sued by the Australian regulator

The Australian Securities and Investments Commission is suing HSBC for failing to protect customers from scams.

Tue, 17 Dec 2024 09:30:07 GMT

The Finance Minister of Canada resigns

Canadian Finance Minister Chrystia Freeland resigned on Monday after clashing with Prime Minister Justin Trudeau over foreign policy.

Tue, 17 Dec 2024 06:30:05 GMT

China's retail demand weakens

In November, China's retail sales increased by 3%, below the 4.6% forecast, as declining sentiment in the real estate sector highlighted the failure of Beijing's attempts to stimulate demand.

Tue, 17 Dec 2024 03:30:03 GMT

Shares in French broadcaster Canal+ drop after spin-off

Shares in French broadcaster Canal+ dropped nearly 16% in their London stock market debut on Monday.

Mon, 16 Dec 2024 21:30:04 GMT

Broadcom valuation reaches $1 trillion

Broadcom expects significant growth in AI chip demand, boosting its valuation to $1 trillion after a 21% rise in shares, with CEO projecting up to $90 billion revenue opportunity by 2027.

Mon, 16 Dec 2024 18:30:08 GMT

Business environment in Germany worsens

Germany's economy improved slightly in December, but business activity still shrank for the sixth month, while the services sector grew.

Mon, 16 Dec 2024 15:30:03 GMT

Wholesale inflation in India decreases

India's wholesale inflation slowed to 1.89% in November, driven by a smaller rise in food prices.

Mon, 16 Dec 2024 12:30:02 GMT

Moody's downgrade France

Moody's downgraded France's credit rating from "Aa2" to "Aa3," increasing pressure on the prime minister to address public finance issues.

Mon, 16 Dec 2024 09:30:03 GMT

Japan's manufacturing activity decreases

Japan's factory activity shrank for the sixth consecutive month in December, while the service sector continued to grow.

Mon, 16 Dec 2024 06:30:04 GMT

France has chosen a new prime minister

On Friday the 13th, François Bayrou, a centrist ally of President Macron, was appointed France's new prime minister.

Mon, 16 Dec 2024 03:30:03 GMT

Global equity funds see continuous inflows

Global equity funds saw inflows for the 11th consecutive week through Dec. 11, raising expectations for a third consecutive rate cut by the Federal Reserve.

Fri, 13 Dec 2024 18:30:03 GMT

Possible takeover of Tullow Oil in the future

Kosmos Energy is in early talks to acquire Tullow Oil in an all-share deal.

Fri, 13 Dec 2024 15:30:03 GMT

UK GDP drops for second month in the row

The UK economy unexpectedly shrank by 0.1% in October, the second month of negative growth in a row.

Fri, 13 Dec 2024 12:30:04 GMT

UK plans for Green energy investments

The UK plans to reform power grid legislation to increase annual investment through 2030, aiming to eliminate fossil fuels from electricity generation.

Fri, 13 Dec 2024 09:30:05 GMT

BoE asks businesses for information regarding their crypto exposure

The Bank of England's Prudential Regulation Authority has asked businesses to disclose their current and future cryptoasset exposures.

Fri, 13 Dec 2024 06:30:03 GMT

UK food exports decline

Exports of UK food to the EU have dropped by nearly £3bn a year since Brexit, according to CITP.

Fri, 13 Dec 2024 03:30:02 GMT

Trump set to meet Amazon founder

U.S. President-elect Donald Trump has stated that he will meet Jeff Bezos, the founder of Amazon, next week.

Thu, 12 Dec 2024 21:30:03 GMT

Tariff wars begin

Doug Ford, premier of Canada's largest province, threatened to cut energy exports to the U.S. in response to President-elect Donald Trump's 25 percent tariff threats.

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