News

Note: This section contains information in English only.
Tue, 30 Apr 2019 04:52:29 GMT

Asian stock indices decline

On Tuesday, Asian stock benchmarks declined in value. Chinese manufacturing data was being blamed for the decline.

Tue, 30 Apr 2019 04:33:09 GMT

Crude oil dips on Tuesday

During the Asian trading session on Tuesday crude oil prices declined. The event was seen as a normal price consolidation in the aftermath of another recent surge.

Tue, 30 Apr 2019 04:32:42 GMT

Virgin Australia delays buying Boeing 737 MAX

On Tuesday, Virgin Australia Holding announced that it will delay the purchase of Boeing 737 MAX airplanes to cut spending and make sure that the airplane is safe. The announcement hurt Boeing stock price.

Tue, 30 Apr 2019 03:00:04 GMT

Samsung Electronics' profit drops markedly in Q1

Samsung Electronics flagged better results in the second half, after posting a 60% decrease in first-quarter profit, suggesting higher anticipated sales of smartphones and memory chips.

Tue, 30 Apr 2019 02:59:53 GMT

UK car production down 14% in March

British car production fell for the tenth consecutive month, declining 14.4% year-on-year to 126K cars in March, affected by a drop in key foreign markets, the SMMT stated,

Tue, 30 Apr 2019 02:28:05 GMT

China factory growth slows in April

Factory activity in China grew for a second month in succession in April, though at a much weaker pace, suggesting that the economy was still struggling to gain traction in spite of a support measures' flurry.

Tue, 30 Apr 2019 02:19:31 GMT

Logitech's profit grows 22% in Q4

Logitech International stated that keyboards and mice for online games players had surged, as the peripherals maker reported a 22% increase in profit to $42.1M over the fourth quarter.

Mon, 29 Apr 2019 20:24:24 GMT

US lowers borrowing estimate for Q2

The US Treasury Department stated on Monday that in Q2 it would borrow $30B instead of the initially estimated $83B because of changes in "fiscal activity".

Mon, 29 Apr 2019 20:21:24 GMT

Toyota to produce cars in Canada

Toyota Motor Corp stated on Monday that from 2022 it would start producing Lexus NX vehicle for the North American market in Canada.

Mon, 29 Apr 2019 19:02:36 GMT

Airbnb plans to go public later this year

Brian Chesky, Airbnb's Chief Executive Officer, said on Monday that the company would be ready to go public later this year.

Mon, 29 Apr 2019 19:02:23 GMT

Kudlow says WH still backing Moore for Fed

On Monday, the White House National Economic Council Director Larry Kudlow said that the White House is still standing behind Stephen Moore to a seat in the US Federal Reserve.

Mon, 29 Apr 2019 18:08:08 GMT

Anadarko to discuss sale to Occidental Petroleum

On Monday, Anadarko Petroleum announced that it would discuss with Occidental Petroleum over its proposed $38 billion bid.

Mon, 29 Apr 2019 18:08:01 GMT

SEC gets assets frozen in connection with illegal trading in Anadarko

On Monday, the US District Judge Gregory Woods in Manhattan granted assets freeze to the US Securities and Exchange Commission in connection with illegal trading in Anadarko Petroleum.

Mon, 29 Apr 2019 17:07:12 GMT

Erdogan and Trump discuss joint working group

On Monday, Turkey's President Tayyip Erdogan and the US President Donald Trump in a telephone call discussed a proposal to strike a working group on the Russian S-400 missile system.

Mon, 29 Apr 2019 17:06:48 GMT

S&P 500 and Nasdaq hit new highs

On Monday, the Nasdaq and the S&P 500 hit new highs after data showed that the US consumer spending edged higher in March.

Mon, 29 Apr 2019 16:11:00 GMT

Oil prices remain stable

On Monday, crude oil prices remained stable, after a week-long bullish momentum was stopped on Friday after the US President Donald Trump pressed OPEC to offset Iran sanctions.

Mon, 29 Apr 2019 16:08:03 GMT

Dollar index reaches 23-month high

On Monday, the Dollar index, which measures the Greenback against six major currencies, hovered near twenty-three months high.

Mon, 29 Apr 2019 15:31:42 GMT

PetroChina's revenue grows steadily in Q1

PetroChina, the largest gas and oil producer in China, reported steady growth in revenue to $87.8B in the first quarter, an 8.9% yearly increase, the company's financial report showed.

Mon, 29 Apr 2019 15:28:09 GMT

Germany, France agree over battery cell consortium

Germany and France asked the European Commission to accept state subsidies for the battery cell consortium, which involved carmaker PSA with Germany's subsidiary Opel and Total's Saft.

Mon, 29 Apr 2019 14:39:32 GMT

Hungary's OTP views fresh takeovers in Balkans

OTP, the Hungarian banking group, is eyeing new acquisition deals in the former Yugoslav nations, seeking to expand its regional influence and keep rapid asset growth.

Mon, 29 Apr 2019 14:21:53 GMT

Sorgenia's potential bidders to make offers by May 6

Potential bidders for the Italian energy firm Sorgenia are seen to submit their interest expressions by May 6, Reuters reported on Monday.

Mon, 29 Apr 2019 13:37:36 GMT

Germany's Allianz considers buying L&G unit

On Monday, Sky News reported the German largest insurer Allianz stated it was in advanced talks to acquire Legal & General home insurance unit potentially for about £400M.

Mon, 29 Apr 2019 11:57:10 GMT

Parker Hannifin to take LORD in $3.68B deal

On Monday, Parker Hannifin, the US industrial conglomerate, announced it would acquire the privately owned LORD Corp in an all-cash deal valued at $3.68B, after hiring Barclays as the group's financial adviser.

Mon, 29 Apr 2019 11:55:48 GMT

Flydubai considers buying A320neo jets

Dubai carrier flydubai has entered talks with Airbus over a potential acquisition deal of the plane maker's A320neo aircraft, as the airline currently operates only a Boeing 737 planes fleet, its chairman stated on Monday.

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