News

Note: This section contains information in English only.
Fri, 27 Jul 2018 11:13:58 GMT

Naspers looks at New York, HK listing of some e-commerce arms

South African firm Naspers is thinking over listing some of the e-commerce ventures in New York and Hong Kong, as it seeks to narrow a discount between its Tencent stake and market value.

Fri, 27 Jul 2018 11:11:43 GMT

Hyatt raises interest in Spain's bid for NH Hotel Group

Hyatt Hotels, the US global hospitality firm, has expressed its interest in the Spanish bid target NH Hotel group, escalating a takeover fight with Thailand's Minor International.

Fri, 27 Jul 2018 10:21:52 GMT

SEC says blocking bitcoin ETF was right decision

The US Securities and Exchange Commission said it was the right decision to block a bitcoin ETF proposed by Tyler and Cameron Winklevoss due to the fear of possible manipulation.

Fri, 27 Jul 2018 10:15:21 GMT

BP acquires oil, gas assets for $10.5B

The British company BP plc is set to purchase oil and gas assets from the US-based BHP Billiton for $10.5B, thus expanding the company's operations in the United States.

Fri, 27 Jul 2018 09:37:50 GMT

China open to discussion over dropped Qualcomm-NXP takeover

Chinese market watchdog stated it was still open to talks over the scrapped Qualcomm's takeover worth $44B of NXP Semiconductors to resolve antitrust concerns that halted the deal.

Fri, 27 Jul 2018 09:13:21 GMT

Atlassian exits chat-platform business by selling Stride & Hipchat Cloud

On Thursday, the software developer Atlassian stated it would leave the chat-platform business unit by selling team-chat tools Hipchat Cloud and Stride to the privately-held Slack Technologies.

Fri, 27 Jul 2018 07:38:10 GMT

China's Fosun makes no approach to Ageas

On Friday, Ageas Chief Executive Bart De Smet stated that no approach had been made by China's Fosun to bid for the Belgian insurer.

Fri, 27 Jul 2018 07:34:47 GMT

Wells Fargo seeks selling Eastdil Secured real-estate unit

Wells Fargo & Co is considering to sell the US bank's Eastdil Secured real-estate unit, a report by the Wall Street Journal showed on Thursday.

Fri, 27 Jul 2018 06:11:13 GMT

Chesapeake Energy plans sale of Utica's shale stake for $2.0B

Chesapeake Energy is planning a sale of its Utica natural gas acreage shale stake to the privately-held Encino Acquisition Partners in a deal valued at around $2.0B.

Fri, 27 Jul 2018 06:04:11 GMT

Facebook acquires Israel's messaging firm Redkix

Facebook is acquiring the Israeli messaging company Redkix, as it seeks the firm to join its Workplace team to assist companies collaborate.

Fri, 27 Jul 2018 05:06:58 GMT

Samsung Display gets necessary certification

Samsung Display announced on Friday that its newly developed bendable and unbreakable screen has successfully passed safety testings of Underwriters Laboratories and received a corresponding American certification.

Fri, 27 Jul 2018 05:01:43 GMT

SoftBank to start digital payments service in Japan

In a statement released on Friday SoftBank said it will combine efforts with Paytm in order to develop a mobile payments system for Japanese market via a joint venture with Yahoo.

Fri, 27 Jul 2018 04:08:48 GMT

Kim appoints new military Chief of Staff

The North Korean state news agency KCNA wrote on Friday that Ri Yong Gil was appointed as the new Chief of the General Staff, thus representing another change the country's leadership.

Fri, 27 Jul 2018 04:02:31 GMT

Japan wants to identify problems in global economy

The Finance Minister of Japan Taro Aso stated on Friday he planned to use the upcoming G20 meeting in Osaka in 2019 to concentrate on identification of problems in the world economy.

Thu, 26 Jul 2018 18:50:25 GMT

Oil prices edges higher on EU-US trade talks

Oil prices strengthened on Thursday for the third consecutive trading session after trade tension between the EU and the United States eased.

Thu, 26 Jul 2018 18:50:10 GMT

President's Duda signs law to move changes in Supreme Court

Poland's President Andrzej Duda on Thursday signed into law an amendment clearing the way for the ruling party to announce the next chief of the Supreme Court despite objections by opposition parties.

Thu, 26 Jul 2018 18:09:38 GMT

Barnier rejects key elements of UK's customs plan after Brexit

On Thursday, EU Brexit negotiator Michel Barnier turn down key elements of UK's new trade proposals even as Britain's Brexit secretary Dominic Raab said he believes a deal will be reached by October.

Thu, 26 Jul 2018 18:02:28 GMT

Portugal's wants UK to welcome all European Union migrants after Brexit

On Thursday, Portugal's Foreign Affairs Minister Augusto Santos Silva told Britain it should consider keeping its doors open to "waiters and construction workers" after it leaves the EU.

Thu, 26 Jul 2018 17:18:00 GMT

European shares hit six-week high

On Thursday, European shares climbed to a six-week high as expectations of a breakthrough between EU-US talks boosted automakers.

Thu, 26 Jul 2018 17:12:47 GMT

Conservative Ohio Republican Jordan to run for House Speaker

On Thursday, Republican Rep. Jim Jordan announced his run for the Speaker of the United States House of Representatives if the Republican party keeps the majority after November mid-term elections.

Thu, 26 Jul 2018 16:05:27 GMT

Terra Firma plans sale of Italy's F2i for €1.3B

Terra Firma, the private equity investor, agreed on a sale of its Italy's solar portfolio RTR in a deal with the infrastructure fund F2i valued at $1.5B, the company stated on Thursday.

Thu, 26 Jul 2018 16:04:32 GMT

France has no objection over Linxens sale to China group

France's government stated it had no objection over acquisition of the country's smart chip component manufacturer Linxens by the Chinese top chip maker Tsinghua Unigroup.

Thu, 26 Jul 2018 14:56:01 GMT

Huawei Technologies to lift annual R&D spending up to $20B

On Thursday, China's Huawei Technologies stated it would raise its annual budget on the research and development to $15B-$20B amid its intention to become the world's leader in 5G network technology.

Thu, 26 Jul 2018 14:54:34 GMT

Google opens free Wi-Fi hotspots in Nigeria on Thursday

On Thursday, Google has launched free Wi-Fi hotspot network in Nigeria, as it seeks to boost the company's presence in the most populous nation in Africa.

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