News

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Sat, 21 Apr 2018 02:55:00 GMT

Canadian Pacific, labour unions agree to postpone strike

Canadian Pacific Railway Inc and two labour unions International Brotherhood of Electric Workers and Teamsters Canada have agreed to postpone a strike on Saturday.

Sat, 21 Apr 2018 02:23:49 GMT

NYT: US to investigate Verizon, AT&T over eSIM technology

According to the New York Times, the US Justice Department had begun an investigation into Verizon Communications and AT&T Inc over hindering their customers' use of eSIM.

Sat, 21 Apr 2018 02:03:42 GMT

Trump, Macron to discuss Iran's nuclear agreement

The US President Donald Trump and his French counterpart Emmanuel Macron are set to meet next Tuesday in order to discuss the Iranian nuclear deal.

Fri, 20 Apr 2018 20:07:33 GMT

Twitter bans Kaspersky Lab's ads

Twitter said that it banned advertisements from Russia's Kaspersky Lab, stating that the company's business model conflicts with ads regulations.

Fri, 20 Apr 2018 20:04:32 GMT

Walmart considers buying Flipkart's controlling stake

Walmart is likely to make a deal to purchase more than 51% stake in Flipkart, India's online marketplace, over the following week.

Fri, 20 Apr 2018 19:26:34 GMT

Deutsche Bank to clarify $34B mistaken transfer

The European Central Bank asked Deutsche Bank to provide clarification of about $34B mistaken transfer made by Germany's lender in March.

Fri, 20 Apr 2018 19:25:48 GMT

Weak EZ data not to slow ECB's normalisation

Sluggish data for the Euro zone were not indicating fundamental break in the growth path and is unlikely to impact the ECB normalisation plans, three sources stated.

Fri, 20 Apr 2018 18:25:05 GMT

UK remains committed to no hard border with Ireland

Britain stated that the following Brexit will not result in the return of the harder border between the UK and Ireland, however, the EU has rejected Britain's proposal on a custom partnership.

Fri, 20 Apr 2018 18:15:34 GMT

ZTE says US ban on selling goods threatens its survival

On Friday, Chinese telecom equipment and mobile phones maker ZTE claimed that US ban on selling software and components to the company is unfair and threatens its survival.

Fri, 20 Apr 2018 17:25:00 GMT

HSBC staff and bosses question gender pay gap

On Friday, investors and staff of HSBC questioned the new top executives of the bank how the ethnic diversity and gender pay gap will be improved under the new rule of a senior management. 

Fri, 20 Apr 2018 17:20:31 GMT

Berlusconi: our party to form coalition with 5-Star Movement

The leader of Italian party "Forza Italia" Silvio Berlusconi claimed that his party is ready to form a coalition with the anti-establishment 5-Star Movement party after 6 weeks of a deadlock.

Fri, 20 Apr 2018 16:23:11 GMT

Charter and Comcast partner to develop back-end software

On Friday, Charter Communications Inc and Comcast Corp claimed that they will establish partnership to develop back-end software for their Spectrum and Xfinity mobile services. 

Fri, 20 Apr 2018 16:12:26 GMT

Iraq oil minister: oil market is stabilising

On Friday, the Oil Minister of Iraq Jabar al-Luaibi claimed that oil market is stabilising and that current level of oil prices is "not high" after Donald Trump's criticism of OPEC over high oil prices. 

Fri, 20 Apr 2018 15:20:51 GMT

Wells Fargo agrees to pay $1B settlement

On Friday, Wells Fargo claimed that it is ready to pay $1B settlement to US regulators who claimed that a company has been abusing customers in its auto and mortgage businesses.

Fri, 20 Apr 2018 15:10:23 GMT

Nissan to cut hundreds jobs in UK plant

Nissan is planning to cut hundreds of jobs at company's Sutherland factory, the biggest plant in the UK, due to the declining demand for diesel vehicles in Europe. 

Fri, 20 Apr 2018 14:20:13 GMT

TransUnion to acquire UK Callcredit in $1.4B deal

TransUnion, the credit reporting agency, is planning to acquire the consumer data provider Callcredit in a deal worth $1.4B, seeking to bolster its presence in Britain.

Fri, 20 Apr 2018 14:17:07 GMT

Samsung Elec seeks expansion of production in Vietnam

According to a conversation between the Samsung Electronics co-CEO Koh Dong-jin, the tech company is set to expand its production in Vietnam that will create more jobs in the country.

Fri, 20 Apr 2018 13:36:27 GMT

Air France starts new talks with staff to end strike

Air France has launched new talks with its staff members in an effort to end strike over pay, sending its shares down 4% on Friday.

Fri, 20 Apr 2018 13:31:02 GMT

Daimler calls off nearly 25 K Mercedes-Benz vehicles in Russia

On Friday, the Russian standard agency stated the German automaker Daimler was recalling 24,763 Mercedes-Benz vehicle sold in the time period of 2014-2017.

Fri, 20 Apr 2018 12:01:47 GMT

GE posts better-than-expected Q1 adjusted profit

General Electric reported its Q1 profit more than tripled to $369M, compared to the prior year's $122M reading, sending the company's shares up 5% to $14.69 on Friday.

Fri, 20 Apr 2018 11:55:35 GMT

PSA Group urges for 3,7K staff cuts in Germany by 2020

PSA Group demanded 3,7K job cuts in Germany by 2020, after it had already removed around 2K job positions due to the buyout process, the Work Council Chief for Opel stated on Friday.

Fri, 20 Apr 2018 11:37:14 GMT

UK assured of Brexit talks, views no return to hard border with Ireland

On Friday, Britain has expressed its confidence in the Brexit negotiations, adding it did not expect a return to the hard border with Ireland after the country's withdrawal from the EU.

Fri, 20 Apr 2018 11:31:49 GMT

Schlumberger Q1 profit soars 88%

Schlumberger, the world's leader in oilfield services, reported on Friday its profit surged 88% to $525M in the first quarter amid rising prices on crude oil that encouraged North America's clients to increase spending.

Fri, 20 Apr 2018 10:35:30 GMT

UKGI names new director to manage RBS stake in Britain

The UK Government Investment has appointed Charles Donald on Friday as a new Royal Bank of Scotland's head to manage stakes in Britain.

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