News

Note: This section contains information in English only.
Thu, 11 Apr 2019 15:54:31 GMT

AT&T denies HBO Europe sale

WarnerMedia's CEO John Stankey announced that its parent group AT&T was not exploring a sale of HBO Europe business unit, calling the false news report "inaccurate and baseless".

Thu, 11 Apr 2019 15:52:03 GMT

OSM Aviation orders 60 electric jets to cut costs

Norway's recruitment and training company OSM Aviation ordered 60 electric training aircraft from the jet maker Bye Aerospace with intention to trim flight costs.

Thu, 11 Apr 2019 15:34:42 GMT

China's Geely rolls out new EV brand

China's carmaker Geely has released its premium electric vehicle brand called "Geometry" this Thursday amid company's efforts to bolster the output of energy vehicles.

Thu, 11 Apr 2019 15:30:57 GMT

Banks set price at €9/share in Nexi IPO

The banks organising the Italian payments group Nexi's initial public offering have set the price at €9 per share, while the board meeting is set to issue their approval on the final price subject on Thursday.

Thu, 11 Apr 2019 14:30:49 GMT

Adevinta shares soar 13% amid IPO

Shares in Adevinta, the online advertising company, surged almost 13% yesterday on its Oslo market debut, a day after finalising Norway's most valuable IPO in 13 years.

Thu, 11 Apr 2019 13:58:38 GMT

Brazil's B2W, Magazine Luiza plans Netshoes takeover

Brazil's B2W and Magazine Luiza retailers confirmed they were exploring a takeover of Netshoes, the online shoe retailer, while analysts see the potential deal as an opportunity for Magazine Luiza to compete with Amazon.com.

Thu, 11 Apr 2019 13:38:58 GMT

China's ENN to drop deal for LNG unit

The Chinese firm ENN Ecological Holdings stated on Thursday it was set to scrap the deal to acquire Toshiba's US LNG business amid failure to gain the approvals from the US panel and shareholders.

Thu, 11 Apr 2019 12:30:11 GMT

Nasdaq lifts stake in Oslo Bors

Nasdaq, the US stock market operator, announced on Thursday it had raised its stake in Oslo Bors to 37%, after purchasing 844,071 shares in Norway's bourse.

Thu, 11 Apr 2019 12:26:28 GMT

Asiana Airline lenders drop restructuring plan

On Thursday, Asiana Airlines creditors have rejected a restructuring deal proposed by its owner Kumho Asiana Group, claiming the plan was not sufficient for restoring the market trust in the South Korean carrier.

Thu, 11 Apr 2019 10:52:31 GMT

Panasonic considers investment in Tesla's plant

Panasonic is considering further investments in the battery production at the gigafactory joint venture conducted with Tesla, responding to some media reports on potentially frozen investment plans.

Thu, 11 Apr 2019 09:49:21 GMT

Bayer CEO issues announcement

The Chief Executive Officer of Bayer announced on Thursday that the German pharmaceutical and crop chemical producer faces massive lawsuits over a possible carcinogenic effect caused by Bayer's Roundup weed killer.

Thu, 11 Apr 2019 09:48:48 GMT

Oil prices decline

On Thursday, crude oil prices slightly declined during the Asian and European sessions, as the price was retracing down after the previous surge, which was caused by Venezuelan output decline announcement.

Thu, 11 Apr 2019 09:41:47 GMT

Lyft shares drop on Uber IPO news

Shares of Lyft tumbled almost 11% yesterday, reaching its fresh low level, due to the news of Uber Technologies nearing to launch its initial public offering.

Thu, 11 Apr 2019 09:38:35 GMT

PG&E enters talks with BlueMountain over expansion

PG&E, California's utility owner, is considering over its board expansion, as it seeks to settle the on-going fight with its shareholder BlueMountain Capital.

Thu, 11 Apr 2019 08:35:17 GMT

Qatar-Air Italy deal faces US scrutiny

Qatar Airways' takeover of a 49% stake in the Italian carrier Air Italy is facing scrutiny from the United States, as lawmakers see no new fights added to its domestic market.

Thu, 11 Apr 2019 08:18:46 GMT

G4S surges on GWS possible bid

The Canadian firm Garda World Security stated it was exploring a cash bid for G4S, sending the security company's shares up around 20% to 215.35 pence.

Thu, 11 Apr 2019 07:29:08 GMT

Mediobanca to reveal French Messier Maris takeover

On Thursday, Mediobanca, the Italian investment bank, is set to unveil its purchase of 66% stake in Messier Maris & Associes, the French merchant bank, on the back of the company's intention to expand into the private banking.

Thu, 11 Apr 2019 07:24:53 GMT

Pamplona plans stake sale in Cofense

The US cybersecurity company Cofense stated the buyout group Pamplona Capital Management would sell its minority stake in the firm after a months-long probe launched by the US national security regulators.

Thu, 11 Apr 2019 06:39:37 GMT

VW plans taking stake in China's JAC

Volkswagen is considering to take a large stake in the Chinese EV partner JAC Motors by hiring Goldman Sachs to advise on its deal, sources reported on Thursday.

Thu, 11 Apr 2019 03:32:04 GMT

Cambodian rice exports to China increase 59% in Q1

Cambodia exported more than 75K metric tons of rice to China in the Q1 of 2019, a 59% rise over the same period in the prior year, according to an official report.

Thu, 11 Apr 2019 03:28:09 GMT

China's CPI rises 2.3% in March

The Chinese Consumer Price Index, the main gauge of inflation, grew 2.3% year-over-year in March, the NBS stated, following a 1.5% rate in the prior month.

Thu, 11 Apr 2019 02:34:48 GMT

Amazon buys Canvas Technology

Amazon.com stated that it acquired Canvas Technology, the robotics startup in Colorado, that has built autonomous carts, which can move good in warehouses.

Thu, 11 Apr 2019 02:32:24 GMT

Deutsche Boerse to buy some unit of Refinitiv FX

Germany's stock exchange operator Deutsche Boerse stated that it was in concrete negotiations with Refinitiv over the potential acquisition of some FX business units.

Wed, 10 Apr 2019 20:07:40 GMT

Venezuela announces oil supply collapse

Oil prices surged on Wednesday due to Venezuelan authorities revealing that its oil production has decreased to a new low level. The output has fallen due to US sanctions and blackouts.

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