News

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Fri, 09 Feb 2018 18:05:53 GMT

Bank of America approves $21.5M equity incentive compensation for CEO Moynihan

The board of Bank of America Corp approved on Friday the CEO Brian Moyninhan's equity incentive reward for 2017 worth $21.5M.

Fri, 09 Feb 2018 18:03:50 GMT

Airbus agrees to pay $99M penalty for Eurofighter sale to Austria

Airbus has agreed to pay a $99M penalty ordered by Munich public prosecutors in connection with the sale of Eurofighter jets to Austria in 2003.

Fri, 09 Feb 2018 17:15:34 GMT

IBS CEO says weaker rouble, sanctions bolster demand for local IT products

The CEO of the Russia-based IT company IBS told media on Friday that weaker rouble and the fear of sanctions had increased considerably demand for locally-produced software.

Fri, 09 Feb 2018 17:13:31 GMT

Kyodo: Japan's government to nominate Kuroda for second term as BOJ governor

The Japanese government is set to nominate Haruhiko Kuroda as the Governor of the Bank of Japan for the second term, the news agency Kyodo reported on Friday.

Fri, 09 Feb 2018 16:08:38 GMT

Oil falls to one-week low on Friday amid supply concerns

Oil prices dropped to a six-day low on Friday, as a record crude output from the United States added to concerns about a considerable increase in global oil supplies.

Fri, 09 Feb 2018 16:05:48 GMT

US wholesale inventories higher than expected in December

US wholesale inventories increased by 0.4% month-on-month in December, compared to the forecast of 0.2%, the Commerce Department reported on Friday.

Fri, 09 Feb 2018 15:33:30 GMT

Duterte seeks cancelling $233M helicopter deal with Canada

The Philippines' President Rodrigo Duterte ordered the military on Friday to cancel a $233M deal with Canada to buy 16 helicopters amid the country's concerns the buyer could use the jets to fight rebels.

Fri, 09 Feb 2018 14:34:18 GMT

Google to begin using Getty Images content for products, services

Alphabet's Google is planning to use the Getty Images content within its services and products as part of their licencing partnership with the photo agency.

Fri, 09 Feb 2018 14:30:56 GMT

Macron urges Putin to put end to Syrian crisis

On Friday, France's President Emmanuel Macron called on the Russian President Vladimir Putin to put all his efforts to ensure Syria's government terminates humanitarian crisis in the country.

Fri, 09 Feb 2018 13:28:40 GMT

Trump to ink US stopgap funding bill into law on Friday

The US President Donald Trump is set to sign the stopgap funding bill into a law this Friday, as part of re-opening the federal government following its shutdown at midnight.

Fri, 09 Feb 2018 13:23:43 GMT

SPD senior members call Schulz for resignation

The Social Democratic Party's senior members seek the leader Martin Schulz to quit his post of the Foreign Minister, according to the Bild newspaper.

Fri, 09 Feb 2018 12:17:03 GMT

Former Credit Suisse adviser jailed to five years over fraud

On Friday, the ex-client adviser of Credit Suisse Patrice Lescaudron was imprisoned to five years by Geneva's court for getting thousands of millions of francs by fraud and abusing the clients trust.

Fri, 09 Feb 2018 12:16:53 GMT

Salesforce to invest $2B into Canada business within five years

The US business software maker Salesforce.com is planning to invest $2B into Canada's business within the following five years, the latest major US tech-investment abroad since 2017.

Fri, 09 Feb 2018 10:51:54 GMT

CSRC: China to launch crude oil futures on March 26

China plans to introduce crude oil futures contract on March 26 to strengthen its influence over crude prices in Asia, the China Securities Regulatory Commission said on Friday.

Fri, 09 Feb 2018 10:51:33 GMT

Source: Barclays considers joining cryptocurrency credit card ban

Barclays plc considers banning cryptocurrency purchases with its cards, thus joining other major banks in the US, a senior executive told media on Friday.

Fri, 09 Feb 2018 10:29:11 GMT

FireEye posts first-ever adjusted Q4 profit, shares rise

On Thursday, cyber-security company FireEye posted its first-ever adjusted Q4 profit of one cent per share, while the firm's shares surged 13.2% in extended trading.

Fri, 09 Feb 2018 10:18:41 GMT

Expedia's shares plunge amid missing forecasts

Shares of the US online travel services firm Expedia dropped 15% on Thursday, following a report on missing Q4 profit expectations amid higher marketing costs.

Fri, 09 Feb 2018 09:33:36 GMT

Pence favours bilateral trade deal with Japan

The US Vice President Mike Pence said to the Japanese Deputy PM Taro Aso that he favoured the bilateral trade agreement to regulate trade imbalances, a deal that Tokyo opposed.

Fri, 09 Feb 2018 09:23:12 GMT

France urges to open humanitarian corridors in Syria

France has called for an urgent humanitarian corridor opening in Syria, as it seeks the air strikes to end, expressing deep concerns over civilians in Damascus and Idlib.

Fri, 09 Feb 2018 08:34:02 GMT

Ford applies for German banking licence amid Brexit

The US automaker Ford applied for the German banking licence, seeking to ensure its vehicle financing business has a right to continue after Britain's withdrawal from the European Union.

Fri, 09 Feb 2018 08:29:58 GMT

Saverin's VC firm B Capital Group raises $360M fund

The venture capital company owned by Facebook co-founder Eduardo Saverin B Capital Group has raised $360M fund, as the firm seeks investing into technology start-ups.

Fri, 09 Feb 2018 07:34:35 GMT

Qualcomm declares off Broadcom's revised buyout bid

On Thursday, the US semiconductor firm Qualcomm had rejected the revised $121B buyout offer by Broadcom; however, it proposed a meeting with its peer to discuss the bid.

Fri, 09 Feb 2018 07:30:34 GMT

Tencent to invest $474M into China's Shanda Games

Chinese Shanda Games stated on Friday that Tencent Holdings was planning to provide the smaller peer with $474M investment, seeking to bolster its lead in the country's video game market.

Fri, 09 Feb 2018 06:28:44 GMT

Turkey's warplanes hit Kurdish YPG targets in Afrin

According to the Hurriyet newspaper and a number of other sources current on the matter, Turkish warplanes struck several Kurdish militia targets in Afrin, Syria, on Friday.

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