News

Note: This section contains information in English only.
Mon, 13 Aug 2018 08:21:32 GMT

Bayer shares drop as jury orders Monsanto to pay damages

Bayer's shares fell almost 10% to the lowest level in two years on Monday, as California's jury had ordered Monsanto to pay $289M in damages the previous week.

Mon, 13 Aug 2018 08:20:39 GMT

Innogy plans stake sale in $2.6B wind project

On Monday, Germany's energy group Innogy stated it would sell a 41% stake in Triton Knoll, its $2.6B worth offshore wind farm, to the Japanese firms Kansai Electric Power and Electric Power Development.

Mon, 13 Aug 2018 07:20:14 GMT

APA calls on shareholders to vote for CKI takeover bid

Australia's APA Group board called on the shareholders to vote for the $9.45B takeover bid from the Hong Kong consortium CK Infrastructure Holdings in late November.

Mon, 13 Aug 2018 07:17:13 GMT

Siemens ties up with Vinfast to build electric buses

Vietnam's VinFast Trading and Production teamed up with the domestic Siemens unit to supply components and technology to develop electric buses in the country.

Mon, 13 Aug 2018 06:13:35 GMT

Elliott buys large stake in Nielsen amid sale plans

Elliott Management acquired an 8% stake worth about $640M in Nielsen Holdings, as the activist investor seeks pushing the TV-ratings firm to sell itself.

Mon, 13 Aug 2018 06:08:52 GMT

Samsung considers halting operations at Chinese mobile phone plant

Samsung Electronics is considering to suspend operations at one of the company's China mobile phone plants amid rising labour costs and slumping sales, according to the Electronic Times.

Mon, 13 Aug 2018 05:09:01 GMT

Advisory firm ISS calls on Cigna investors to vote for Express Scripts buy

Institutional Shareholder Services, the shareholder advisory company, called on Cigna Corp's investors to vote for the firm's $52B acquisition of Express Scripts, the pharmacy benefits manager.

Mon, 13 Aug 2018 04:59:11 GMT

China-focused consortium seeks to buy Capilano Honey

On Monday, Australia's Capilano Honey stated it had received a A$189.8M bid from a consortium of China-oriented Roc Partners and Wattle Hill RHC Fund, offering its shareholders A$20.06 per share.

Mon, 13 Aug 2018 04:33:05 GMT

Vonovia agrees to pay $382M in Buwog's squeeze-out

Vonovia, the German real estate firm, is set to pay $381.6M to squeeze out the rest of minority stake of Buwog, as it already owns 90.73% of the Austrian company.

Mon, 13 Aug 2018 04:26:33 GMT

US urges HNA Group to sell majority stake in Manhattan building

The US government called on China's HNA Group to sell its controlling stake in the New York City building that includes a police precinct tenant, which is tasked with protecting the Trump Tower, according to the Wall Street Journal.

Mon, 13 Aug 2018 03:20:01 GMT

Singapore economy expands 3.9% in Q2

Singapore's economy grew 3.9% year-over-year in the June quarter, easing from the 4.5% growth in the prior quarter, the Ministry of Trade and Industry reported on Monday.

Mon, 13 Aug 2018 03:14:48 GMT

KKR to acquire India's Ramky Enviro

Private equity company KKR & Co stated on Monday that it is set to acquire a 60% stake in India's Ramky Enviro Engineers for $530M in a deal, which would give REEL a $925M enterprise value.

Mon, 13 Aug 2018 02:31:25 GMT

Israel's economy more balanced in 2018 first half

The economy of Israel appeared to be increasingly balanced in the H1 of this year, as it was less inclined to private consumption, but more to export, the Bank of Israel's report showed.

Mon, 13 Aug 2018 02:25:30 GMT

Turkey drafts action plan to ease investors' concrens

Turkey drafted the economic action plan and is set to start to implement it on Monday to ease market concerns, the Finance Minister Berat Albayrak stated, after the Lira dropped to a new low.

Sun, 12 Aug 2018 19:47:25 GMT

Israeli Police question billionaire in bribery probe

Shari Arison, the Israeli-American billionaire has been questioned by the Israeli police in a possible connection with a bribery investigations.

Sun, 12 Aug 2018 19:47:12 GMT

Romanians demand government resignation

As the protests in Bucharest went into the fourth day, the protesters had already made their demands. Namely, the resignation of the government was demanded.

Sun, 12 Aug 2018 19:04:32 GMT

UK continues to discuss Boris Johnson's comments

As the Foreign Minister of the UK Boris Johnson returned from his vacation Sunday, the UK society continued to discuss the Minister's remarks on burqas.

Sun, 12 Aug 2018 19:03:46 GMT

US House candidates lack cyber security

A study published by Reuters has revealed that three out of ten candidates to the US House of Representatives have serious cyber security problems.

Sun, 12 Aug 2018 18:01:17 GMT

Turkey will create more safe zones in Syria

The President of Turkey on Sunday announced that Turkey is finalizing the making of additional safe zones in Syria.

Sun, 12 Aug 2018 17:14:42 GMT

Iran arrests financial workers

On Sunday, Iranian authorities arrested 67 people, who were set to be charged with waging an economic war against the country.

Sun, 12 Aug 2018 17:06:11 GMT

Ex-Trump aide releases firing video

An ex-aide to the US President has released the video of her firing. The video attracted no attention in the financial world.

Sun, 12 Aug 2018 17:05:35 GMT

Trump backs Harley Davidson boycott

The President of the United States Donald Trump on Sunday backed the latest boycott of Harley Davidson motorcycles.

Sun, 12 Aug 2018 15:59:23 GMT

Romanians protest against corruption

On Sunday, the protests against corrupt officials in Bucharest continued. About 40,000 people had gathered in the capital.

Sun, 12 Aug 2018 15:59:11 GMT

Erdogan can not understand Lira's drop

The President of Turkey on Sunday announced that the low level of the Turkish currency can't be explained by logic.

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