News

Note: This section contains information in English only.
Wed, 30 Aug 2017 09:45:58 GMT

General Electric changes strategy

The General Electric Co is making changes. The company is cutting costs of the industrial software division and evaluating partnerships and equity sales.

Wed, 30 Aug 2017 09:34:10 GMT

Catalonia's independence vote unlikely to hurt Spain's rating

According to the DBRS rating agency's statement on Wednesday, Catalonia's independence vote will not immediately damage rating for Spain.

Wed, 30 Aug 2017 09:20:50 GMT

Evolva phases out 43% of workforce to cut losses

The US Cargill's partner Evolva is cutting out 43% of its workers amid company's intention to stem losses, which widened to ₣20.3M, the sugar substitute maker reported on Wednesday.

Wed, 30 Aug 2017 08:24:57 GMT

Huyndai renews production in China after disruption

On Wednesday, Hyundai Motor resumed its production in China, following a supply disruption that forced the company to suspend all of the operations last week.

Wed, 30 Aug 2017 08:05:43 GMT

China seeks cooperation with India ahead of meeting

China said it had huge potential for cooperation with India and sought to cast its neighbour's difficult relationship in a positive light ahead of a meeting between India's PM and Chinese Foreign Minister.

Wed, 30 Aug 2017 07:33:53 GMT

Khosrowshahi officially becomes new Uber's CEO

On Tuesday, the ride-hailing company Uber officially welcomed Expedia's Dara Khosrowshahi as its new Chief Executive Officer.

Wed, 30 Aug 2017 07:29:54 GMT

Fujifilm to spend $4.5B on M&A over three years

Fujifilm is eager to spend $4.54B on mergers and acquisitions over the next three years amid company's intention to grow outside its standard photographic film business.

Wed, 30 Aug 2017 06:34:12 GMT

US starts inquiry into Uber possible violations of bribery law

On Tuesday, Uber Tech stated that it was cooperating with the US preliminary investigation into the company's presumable bribery law violations.

Wed, 30 Aug 2017 06:23:44 GMT

Venezuela to prosecute US sanction supporters

Venezuela's Constituent Assembly agreed on Tuesday to prosecute those who had supported the latest US sanctions imposed against Caracas last week.

Wed, 30 Aug 2017 05:27:50 GMT

RBNZ wants the Kiwi to be lower

The head of the Reserve Bank of New Zealand wants to see the New Zealand Dollar lower against the US Dollar.

Wed, 30 Aug 2017 05:27:12 GMT

May wants pressure on North Korea

The Prime Minister of the United Kingdom Theresa May has announced that the best way to rein in North Korea is to apply pressure through China.

Wed, 30 Aug 2017 04:22:01 GMT

Toyota invests in ride-hailing firm Grab

On Wednesday Toyota Motor Corp announced that the company will invest in the ride hailing company Grab.

Wed, 30 Aug 2017 04:21:29 GMT

South Korean exports expected to increase in August

A Reuters poll on Wednesday revealed that the exports of South Korea are set to grow for the tenth consecutive month in August.

Wed, 30 Aug 2017 03:00:30 GMT

Uber pays $3.7M fine to continue operation in Philippines

Uber paid a $3.7M of fine to the government of Philippines to resume the company's operation within the country after being suspended for 15 days.

Wed, 30 Aug 2017 03:00:21 GMT

Citi expects Harvey to affect slightly US GDP growth in Q3

Citi economists revealed that the costliest of the US storms Harvey would cause a 0.1% reduction in the country's GDP growth in the third quarter.

Wed, 30 Aug 2017 02:09:14 GMT

UK May to lessen Japan's Brexit worries during three-day visit

British PM Theresa May would try to ease Japan's fears about Brexit, while being at a three-day trade visit in the country to discuss a bilateral partnership.

Wed, 30 Aug 2017 02:08:27 GMT

Japan's retail sales growth slows in July, still surpasses expectations

Retail sales growth in Japan fell from 2.2% to 1.9% year-over-year in July, but still higher that the median estimate of 1.0%, while consumers spent less on cars and clothes.

Tue, 29 Aug 2017 20:10:49 GMT

Merkel excludes coalition with far right and far left

On Tuesday, the German Chancellor Angela Merkel ruled out a possibility of formation of coalition with the Alternative for Germany as well as with the Left.

Tue, 29 Aug 2017 20:10:32 GMT

Iran denies UN inspectors access to military sites

On Tuesday, the Iranian government spokesman Mohammad Baqer Nobakht said that Iran will never allow the UN nuclear inspectors to visit its military sites regardless of any US demands.

Tue, 29 Aug 2017 19:01:30 GMT

US Galvanize to cut 11% staff

On Tuesday, the US for-profit coding school Galvanize announced its plans to fire 11% of its workforce amid in an attempt to "adjust to evolving market demands".

Tue, 29 Aug 2017 19:01:05 GMT

UK wants to discuss Myanmar violence in UNSC

On Tuesday, the UK UN Ambassador Matthew Rycroft asked the United Nations Security Council to organise a meeting tomorrow to discuss an escalating violence between security forces and insurgents in Myanmar.

Tue, 29 Aug 2017 18:04:10 GMT

Europe wants to keep normal relations with Russia

In a bilateral meeting with the US Secretary of State Rex Tillerson the German Foreign Minister Sigmar Gabriel said that Europe does not want to completely ruin its business relations with Russia in result of adoption of the new US sanctions.

Tue, 29 Aug 2017 18:04:03 GMT

Five killed in suicide attack in Kabul

No less than five people died, while more than eight were wounded in a suicide attack at the commercial bank in the Afghan capital of Kabul.

Tue, 29 Aug 2017 17:03:44 GMT

Trump says all options are on table for North Korea

The US President Donald Trump warned that "all options" were on the table after North Korea fired a ballistic missile over Japan on Tuesday.

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