News

Note: This section contains information in English only.
Wed, 29 Nov 2017 05:21:34 GMT

SoftBank finds Uber seller

SoftBank continues to uphold its tender to buy Uber stock. On Tuesday Menlo Ventures, a Japanese company, announced that they are ready to sell the stock to SoftBank.

Wed, 29 Nov 2017 05:20:52 GMT

Mexican inflation might not fall

The next governor of the Mexican central bank on Tuesday announced that inflation in the country might not fall, as the future might force interest rate hikes.

Wed, 29 Nov 2017 04:30:26 GMT

EU, British insurers look for mutual access after Brexit

The European Union's and British insurers seek transitional deals and a mutual market access agreement to preserve the City of London place as a global hub.

Wed, 29 Nov 2017 04:27:34 GMT

Cuba, Nestle to build new factory worth $55M

Swiss company Nestle and Cuba started to build a new $55M coffee and biscuit plant joint venture in the Mariel Special Development Zone, the largest foreign investment in the island.

Wed, 29 Nov 2017 03:00:01 GMT

Uber signs Southeast Asian e-wallet agreement with Vietnamese MoMo

The US ride-hailing firm Uber Technologies signed a strategic partnership deal with Vietnam's fintech firm MoMo to allow passengers use MoMo's e-wallet to pay for rides.

Wed, 29 Nov 2017 02:59:12 GMT

Japanese retail sales mark first yearly decrease in 2017

Japan's retail sales marked a 0.2% annual decline in October, the first fall over the course of 2017, due to weak sales of beverages and food, government data revealed.

Tue, 28 Nov 2017 19:03:21 GMT

IOTA to unite with VW, Samsung, Cisco on data marketplace

According to IOTA co-founder Sonstebo, an open-source blockchain network has teamed up with Volkswagen, Samsung and Cisco Systems to launch a secure data marketplace.

Tue, 28 Nov 2017 19:02:06 GMT

EU and Britain agree on Brexit divorce bill

According to the Daily Telegraph newspaper, the bloc and Britain have reached an agreement regarding the divorce bill of the Brexit.

Tue, 28 Nov 2017 18:15:10 GMT

EU Commission to freeze tax havens funding

The bloc's tax commissioner has urged the EU governments to ambitiously decide on the tax havens common blacklist next week and to freeze European funding to those countries.

Tue, 28 Nov 2017 18:04:19 GMT

Wall Street jumps to record highs

Wall Street indexes have reached the record levels during the New York session, amid the Fed chair nominee Powell's comments and concerns over the US tax bill progress.

Tue, 28 Nov 2017 17:25:30 GMT

Consumer confidence in US reaches 17-year high

The Conference Board stated that the US Consumer Confidence Index was at the 129.5 mark in November, reaching the highest level in 17 years, fuelled by a robust job market.

Tue, 28 Nov 2017 17:24:12 GMT

Dutch markets watchdog fines Volkswagen €450K

The Dutch regulator fined Volkswagen €450K for misleading its consumers, who bought the company's diesel cars in the period between 2009 and 2015 years.

Tue, 28 Nov 2017 15:34:49 GMT

BlackRock to buy Citibanamex's asset management unit

On Tuesday, BlackRock announced it had agreed to acquire the asset management unit of the Mexican Citibanamex amid the growth potential its sees in the country.

Tue, 28 Nov 2017 15:11:50 GMT

WPP shares jump as Ford seeks to extend cooperation

Shares in the world's advertising giant WPP rose 2.6% on Tuesday, after Ford Motors announced about its intention to extend their partnership for the next year's period of 2018.

Tue, 28 Nov 2017 14:24:16 GMT

US goods trade deficit rises in October

According to the BEA, the United States' trade deficit in goods widened to $68.3B in October, following the prior month's $64.1B reading, and topping analysts' expectations for a rise to $65.0B.

Tue, 28 Nov 2017 14:11:48 GMT

Roark Capital to acquire Buffalo Wild Wings for $2.4B

Roark Capital Group is planning to buy Buffalo Wild Wings for $2.4B, sending the chicken wing restaurant's shares up 6.6% at $156 on Tuesday.

Tue, 28 Nov 2017 13:31:44 GMT

Facebook to expand AI in move to prevent impending suicides

Facebook is planning to expand its Artificial Intelligence software, aiming to help prevent possible impending suicides of its users by scanning their posts and comments on the platform.

Tue, 28 Nov 2017 13:28:03 GMT

TransCanada to resume Keystone oil pipeline on Tuesday

TransCanada is eager to reopen the Keystone crude oil pipeline, about two weeks after the leak spilled 5K of crude barrels in South Dakota.

Tue, 28 Nov 2017 12:02:03 GMT

Toray admits data falsification

On Tuesday, the world top maker of carbon fibre composite materials Toray Industries Inc admitted falsification of quality data in 149 cases. The company did not name any affected customer but excluded Boeing and Fast Retailing Co Ltd.

Tue, 28 Nov 2017 12:01:57 GMT

Macron stands for more cooperation between Europe and Africa

The French President Emmanuel Macron noted on Tuesday that the new G5 Sahel force needs to overcome challenges and start fighting against Islamist militants as soon as possible. In addition to that, he urged to increase cooperation between Europe and Africa to halt illegal trafficking.

Tue, 28 Nov 2017 10:51:08 GMT

Kremlin says no firm date set for Syria's Congress

The Kremlin stated on Tuesday that the firm date for the Syrian Congress had not been set yet, adding that the main purpose was to properly prepare and agree on participant lists.

Tue, 28 Nov 2017 10:50:13 GMT

Kenya's President Kenyatta sworn in for another term

The President of Kenya Uhuru Kenyatta had been sworn in for the second five-year term on Tuesday, following his win in the Presidential election on October 26.

Tue, 28 Nov 2017 10:21:40 GMT

Mexico's Maede wants ruling PRI party's nomination

The outgoing Finance Minister of Mexico Jose Antonio Maede stated on Monday he would seek the ruling PRI party's presidential nomination in the next year's election.

Tue, 28 Nov 2017 10:13:56 GMT

Erdogan set to hold another phone call with Trump

Turkey's leader Tayyip Erdogan stated on Tuesday that he would speak to the US President Donald Trump on the phone again this week, following the talks they had held last week.

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