News

Note: This section contains information in English only.
Mon, 25 Feb 2019 10:34:26 GMT

Sony revives smartphone franchise with new screens

Japan's Sony has announced its new Xperia 1 smartphone with the 21:9 ratio film-style screen at Barcelona's Mobile World Congress on Monday, seeing to capitalise on its film pedigree.

Mon, 25 Feb 2019 10:28:23 GMT

BMW fined $9.65M over faulty engine software

The German automaker BMW was fined by the Munich prosecutors $9.65M for administrative lapses, as it had installed the faulty engine software into almost 8K vehicles, which led to higher emissions.

Mon, 25 Feb 2019 09:37:57 GMT

HERE ties up with China's Navinfo

The German digital mapping company HERE Technologies has partnered with the Chinese firm Navinfo to expand its location services in China.

Mon, 25 Feb 2019 09:34:25 GMT

Australia's Brambles to sell $2.5B assets

On Monday, Australia's Brambles stated it was planning to sell the plastic containers business and the private equity unit to Abu Dhabi wealth fund for $2.51B, seeking to launch shares buyback.

Mon, 25 Feb 2019 08:35:12 GMT

Ipsen to take over Clementia Pharma for $1.3B

France's Ipsen is set to acquire the US peer Clementia Pharmaceuticals for about $1.31B, the firms announced on Monday, to boost the French healthcare company's portfolio.

Mon, 25 Feb 2019 08:31:03 GMT

Ericsson acquires Kathrein's antenna and filters unit

Ericsson, Sweden's mobile network equipment developer, announced on Monday it would acquire the German firm Kathrein's filters and antenna division, seeking to expand its portfolio of 5G products.

Mon, 25 Feb 2019 07:14:47 GMT

KKR considers bidding for Walmart's Asda

KKR, the US private equity firm, is considering to make a bid for Walmart's Asda, after the merger talks with its UK competitor Sainsbury falter due to competition concerns, according to The Sunday Times.

Mon, 25 Feb 2019 07:14:37 GMT

Intel announces new chips and partnerships

On Monday, Intel Corp announced new partnership deals and chips, seeking to persuade investors that its R&D investment in 5G network technology would pay off.

Mon, 25 Feb 2019 06:25:26 GMT

LG reveals 5G smartphone with dual screen

On Sunday, LG Electronics revealed its new 5G smartphone with dual screen, as the South Koren tech giant seeks to revive its flagging sales with a brand new design feature.

Mon, 25 Feb 2019 06:17:55 GMT

Vivendi to back TIM-Open Fiber merger

On Sunday, Vivendi announced it would back the network merger between Telecom Italia and its competitor Open Fiber under the right conditions, while resuming its attacks on the US activist fund Elliott.

Mon, 25 Feb 2019 05:38:48 GMT

Berkshire explores workers compensation unit sale

Berkshire Hathaway has entered talks over a possible sale of its workers compensation unit, Applied Underwriters, to an insurance firms consortium, according to some sources familiar with the issue.

Mon, 25 Feb 2019 05:34:15 GMT

Caesars discusses new CEO with Icahn amid settlement

Caesars Entertainment, the US casino operator, is considering to make an offer to Carl Icahn to select the operator's new CEO on the back of the settlement, which would also grant the investor board seats, sources reported on Sunday.

Mon, 25 Feb 2019 04:30:40 GMT

UK PM May considers Brexit delay

The UK Prime Minister Theresa May considered the plan under which the country's exit from the EU could be delayed for nearly two months, the Telegraph stated.

Mon, 25 Feb 2019 04:26:41 GMT

Trump delays tariff increase on China's goods

The US President Donald Trump stated he would postpone an increase in tariffs on China's goods owing to productive trade negotiations and meet with the Chinese President Xi Jinping to seal the deal, if progress continues.

Mon, 25 Feb 2019 03:37:36 GMT

Kraft Heinz to review Maxwell House coffee business

Food firm Kraft Heinz hired banker to review options for the company's Maxwell House coffee business, such as a potential sale, the report by CNBC showed, citing sources familiar with the matter.

Mon, 25 Feb 2019 03:33:05 GMT

British services industry gloomiest in decade

The UK services industry was its gloomiest since the financial crisis in 2009 amid a negative impact from Brexit unclarities, the Confederation of British Industry stated.

Sun, 24 Feb 2019 21:23:15 GMT

China and US discuss enforcement problems

On Sunday, the United States and China held another round of talks related to discussion of ways of enforcement of a possible trade deal.

Sun, 24 Feb 2019 21:20:53 GMT

EU, Arab League discuss regional security

On Sunday, the European Union and Arab League held a joint summit devoted to discussion of regional crises and ways to resolve them.

Sun, 24 Feb 2019 20:24:10 GMT

WellCare's shares likely to grow this year

According to the Barron's, the expected expansion of Medicaid and Medicare gives a growth opportunity for the growth of WellCare stock value.

Sun, 24 Feb 2019 20:18:57 GMT

Microsoft presents updated HoloLens

Microsoft on Sunday presented the updated version of its HoloLens, saying they have better ergonomics and improved level of augmented reality.

Sun, 24 Feb 2019 19:21:24 GMT

Brazil slam Maduro's actions

On Sunday, the Foreign Ministry of Brazil criticized Maduro's order to stop convoys with foreign aid and called international community to recognize Juan Guaido as Venezuela's new leader.

Sun, 24 Feb 2019 19:17:20 GMT

US to make concrete steps on Venezuela

The US Vice President Mike Pence is expected to announce tomorrow concrete measures that the White House would make regarding the situation in Venezuela.

Sun, 24 Feb 2019 18:21:37 GMT

Bayer to have another trial on cancer allegations

On Monday, the court in San Francisco would start a trial over allegation that Bayer's weed plant killer Roundup causes lymph cancer.

Sun, 24 Feb 2019 18:15:47 GMT

Iran reports successful missile launch

According to the IRNA news agency, Iran has successfully launched a cruise missile from submarine located in the Strait of Hormuz.

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