News

Note: This section contains information in English only.
Fri, 15 Mar 2019 06:16:40 GMT

US-North Korea talks likely to be suspended

According to a senior North Korean diplomat, North Korea will suspend talks with the US, if the latter continues to act in a gangster style manner.

Fri, 15 Mar 2019 05:26:05 GMT

Macau prolongs licenses for MGM China, SJM

On Friday, the Macau authorities made the decision to extend gambling licenses for SJM Holdings and MGM China for another three years.

Thu, 14 Mar 2019 21:10:52 GMT

German consulting market grows markedly in 2018

The total turnover of Germany's consulting market grew 7.3% to $38.2B in the year of 2018, according to the data published by the BDU on Thursday.

Thu, 14 Mar 2019 21:04:57 GMT

Lufthansa's profits down 4% in 2018

Adjusted EBIT of Lufthansa declined 4% to $3.2B in the fiscal year of 2018, Germany's largest airline announced, due to higher fuel costs and significantly higher expenses caused by flight cancellations and delays.

Thu, 14 Mar 2019 20:37:37 GMT

Fed to announce plan to cease shrinking balance sheet

The US Federal Reserve is set tp announce plans to aimed top shrinking the bond stockpile next week and in June, Pimco, which oversees at least $1.66 trillion in assets, stated.

Thu, 14 Mar 2019 20:35:12 GMT

US considers sanctions to restrict MasterCard, Visa in Venezuela

The United States was considering imposing sanctions that could prohibit MasterCard, Visa and other financial institutions from processing their transactions in Venezuela, an official stated.

Thu, 14 Mar 2019 19:35:15 GMT

Germany's economy grows moderately in Q1

The German economy marked a subdued start in 2019 and probably rose moderately in the Q1, the Economy Ministry stated, warning that the industrial sector was likely to remain weak amid sluggish demand from abroad.

Thu, 14 Mar 2019 19:32:53 GMT

US import prices rise markedly in February

The US import prices grew by the most in the nine-month period in February, though the trend was still weak, with prices falling for the third month in succession on a yearly basis.

Thu, 14 Mar 2019 18:35:57 GMT

US new home sales decline more than anticipated in January

Sales of new single-family homes in the US fell more than anticipated in January, suggesting that a weakness in the property market persisted early in the Q1.

Thu, 14 Mar 2019 18:33:31 GMT

BMW, Daimler seek savings of $7.91B from shared platforms

Daimler and BMW were in talks to cooperate in car platforms' development for electric vehicles in a step, which could save carmakers at least $7.91B.

Thu, 14 Mar 2019 16:51:18 GMT

GE sees 2019 profit below expectations

General Electric stated on Thursday it forecast the 2019 profits to fall below analysts' expectations amid the restructuring spendings, sending its shares down 2% in premarket trading.

Thu, 14 Mar 2019 16:51:10 GMT

Tesla appoints Kirkhorn as Chief Executive

On Thursday, Tesla stated it had named Zachary Kirkhorn as the company's new Chief Financial Officer and as a successor to Deepak Ahuja.

Thu, 14 Mar 2019 15:51:46 GMT

Crispian has no plans for Nornickel stake sale

Roman Abramovich's firm Crispian did not plan any further sale of the mining titan Norilsk Nickel, according to the Interfax, following his $551M shares sale earlier that month.

Thu, 14 Mar 2019 15:51:28 GMT

Mubadala delays business deals with Goldman Sachs

Mubadala, Abu Dhabi's state investor, suspended new business deals with Goldman Sachs, after its subsidiary had filed a suit against the US lender and others, seeking to recover its losses after dealing with Malaysia's 1MDB.

Thu, 14 Mar 2019 14:54:31 GMT

Blue Air to rule on Boeing 737 MAX jet order

The Romanian carrier Blue Air will make a decision on the eight Boeing 737 MAX aircraft order only after a probe into the jet fatal crash that took place in Ethiopia is over.

Thu, 14 Mar 2019 14:51:56 GMT

VTB to move its Evrofinance stake to Russian state

The Russian state bank VTB is set to transfer its 25% stake in the Russia-Venezuela's lender Evrofinance Mosnarbank to Russia's stake for free, the bank's CEO Andrei Kostin stated on Thursday.

Thu, 14 Mar 2019 14:30:56 GMT

Dollar General sees 2019 profit below estimates

On Thursday, Dollar General said it was expecting the 2019 profit to miss analysts' forecasts, as it could be hit by higher store spending, the news that sent the discount retailer's shares down over 7%.

Thu, 14 Mar 2019 14:15:08 GMT

US initial jobless claims rise 6K last week

The number of applications for US unemployment benefits climbed 6K to 229K in the week ending March 9, beating analysts' anticipations of a 225K surge from the previous 223K reading.

Thu, 14 Mar 2019 13:38:49 GMT

Equitrans Midstream's unit to acquire gas pipeline assets

On Thursday, a unit of Equitrans Midstream, the US pipeline operator, signed a $1.03B agreement to gain control over two pipelines, which connect the Utica and Marcellus shale basins.

Thu, 14 Mar 2019 13:30:08 GMT

UK's Debenhams to explore Sports Direct offer

Debenhams is set to explore a $199M loan offer made by Sports Direct's shareholder Mike Ashley, but is unsure the deal would take place, the company stated on Thursday.

Thu, 14 Mar 2019 12:39:43 GMT

Facebook faces second day of global outage

On Thursday, Facebook struggled restoring its services fully after a global outage that hit on Wednesday, including the company's other services, such as Messenger, WhatsApp and Instagram.

Thu, 14 Mar 2019 12:31:24 GMT

Audi reviews stake increase in China JV

On Thursday, Audi's chief in China Alexander Seitz stated the premium car brand was exploring whether to increase its stake in the company's China joint venture, estimating to make a decision till this year-end.

Thu, 14 Mar 2019 11:12:58 GMT

Lufthansa announces quarterly results

Lufthansa announced on Thursday the company's quarterly results. The airline has experienced an eleven percent decline in operating profits during the fourth quarter of last year.

Thu, 14 Mar 2019 11:12:32 GMT

British Finance Minister comments on Brexit

On Thursday, the Finance Minister of the United Kingdom announced that the EU might demand a long delay in Brexit, if the UK asks for an extension. An extension of that kind could reverse the Brexit process.

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