News

Note: This section contains information in English only.
Mon, 04 Mar 2019 10:33:20 GMT

SpaceX launches rocket with unmanned US capsule

Elon Musk's SpaceX has launched an unmanned US capsule this weekend, called Crew Dragon, with a successful separation from the rocket eleven minutes later to start a journey to its space station.

Mon, 04 Mar 2019 09:36:44 GMT

Biogen to acquire Nightstar Therapeutics for $800M

On Monday, Biogen announced it would acquire Nightstar Therapeutics in the $800M worth cash-deal, amid company's intention to expand its footprint in the gene therapy market.

Mon, 04 Mar 2019 09:34:04 GMT

DataStax gears up for IPO this year

The data management platform, DataStax, is preparing to launch an initial public offering scheduled for the current year that could potentially value the firm at over $1.0B, sources with a knowledge reported.

Mon, 04 Mar 2019 08:06:45 GMT

India to induct Rafale jets in September 2019

The air force of India, B.S. Dhanoa, stated on Monday that 36 French Dassault Aviation-made Rafale combat jets will be inducted in September 2019, amid its plan to phase out the Soviet-era planes it currently owns.

Mon, 04 Mar 2019 07:56:57 GMT

Ted Baker announces CEO's immediate resignation

On Monday, Ted Baker announced its Chief Executive Officer Ray Kelvin would quit with immediate effect due to an inquiry into misconduct allegations, which the fashion retailer's head, however, denied.

Mon, 04 Mar 2019 07:20:37 GMT

Julius Baer takes stake in Mexico's NSC Asesores

Julius Baer acquired the extra 30% majority stake in NSC Asesores, the Mexican wealth manager, the Swiss bank reported on Monday, lifting its overall stake to 70%.

Mon, 04 Mar 2019 07:15:08 GMT

Gymboree Group sells assets to apparel retailers

According to bankruptcy court documents, The Children's Place is srt to acquire $76M in assets from Gymboree Group, while The Gap will acquire $35M worth assets, including Janie & Jackie chain owned by the struggling children's clothing retailer, which filed for bankruptcy in January.

Mon, 04 Mar 2019 04:21:27 GMT

AT&T to revamp digital arm of CNN

John Stankey, the AT&T executive, was planning to revamp digital operation of cable news network CNN, believing that it was not reaching the potential and requires more investment, the WSJ reported.

Mon, 04 Mar 2019 04:18:27 GMT

Australian economy at dry spell

Australia's businesses reported meagre increases in profits and wages for the December quarter of 2019, with incomes hitting a dry spell, which likely saw the whole country's economy struggle to expand.

Mon, 04 Mar 2019 03:35:37 GMT

BoJ to debate exit plan for monetary policy

Haruhiko Kuroda, the Bank of Japan Governor, stated that the Central Bank would communicate and debate at an appropriate timing over the exit plan from the ultra-loose monetary policy.

Mon, 04 Mar 2019 03:31:17 GMT

VOI raises $30M for expansion in Europe

Electric scooter sharing company VOI Technology raised $30M in a fundraising round since its establishment seven months ago for expansion in Europe and investment in research.

Sun, 03 Mar 2019 21:20:16 GMT

US Senate likely to stop Trump's border emergency

The Democrats could secure enough votes in the US Senate to end Donald Trump's border emergency declaration, as some of the Senators agreed to support such voting.

Sun, 03 Mar 2019 21:16:15 GMT

Trump to restrain drills to save money

The US President Donald Trump stated on Sunday that the reason behind the restriction of military drills with South Korea was cost reduction as well as the normalisation of relations with North Korea.

Sun, 03 Mar 2019 20:20:03 GMT

PSA warns of risks of CO2 cuts

The French automaker PSA stated on Sunday that the EU strategy to stimulate development of electric cars via CO2 emission cuts could leave nearly 13M workers without a job.

Sun, 03 Mar 2019 20:16:41 GMT

Rolls-Royce cancels participation in Turkish military project

Accroding to report published by the Financial Times, Rolls-Royce has decided to end attempts to join construction of a new Turkish fighter jet.

Sun, 03 Mar 2019 19:20:33 GMT

Bouteflika promises snap elections next year

Abdelghani Zaalane, the campaign manager of Algerian leader Abdelaziz Bouteflika, stated on Sunday that the President would call snap elections next year if now he got elected.

Sun, 03 Mar 2019 19:17:49 GMT

Algeria's Bouteflika confirms participation in elections

The President of Algeria Abdelaziz Bouteflika confirmed on Sunday that he would participate in presidential elections next month despite protests across the country.

Sun, 03 Mar 2019 18:13:57 GMT

China positively evaluates fight against pollution

The Ecology and Environment Minister of China, Li Ganjie stated on Sunday that the country made a solid start in the planned three year battle against pollution.

Sun, 03 Mar 2019 18:10:44 GMT

NHTSA investigates deadly Tesla crash

The US National Highway Traffic Safety Administration (NHTSA) stated on Sunday that it had started an investigation into second Tesla's Model S crash that resulted in the loss of life of the driver.

Sun, 03 Mar 2019 17:23:04 GMT

Xinhua reports news using robot

On Sunday, the Chinese state news agency Xinhua presented news using human-like robot-anchor called Xin Xiaomeng, which was developed by the company together with Sogou Inc.

Sun, 03 Mar 2019 17:19:41 GMT

May supports Pakistan's counter-terrorism efforts

In a phone call with the Pakistani Prime Minister Imran Khan the British Prime Minister Theresa May expressed support to the Asian country's actions against various terrorism groups.

Sun, 03 Mar 2019 16:09:43 GMT

Swedish police wants more funds for border protection

According to the Swedish Television (SVT), Swedish policemen have asked the government to provide additional $65M for border safeguard.

Sun, 03 Mar 2019 16:05:58 GMT

Lockeed shares to be traded in Shanghai

Starting from this week, Locked shares worth nearly $4.1B would be listed and opened for trade in the Shenzhen and Shanghai stock exchanges.

Sun, 03 Mar 2019 15:31:02 GMT

Russia to help Venezuelan people

The Speaker of Russia's Senate Valentina Matviyenko stated on Sunday that Russia would continue helping the Venezuelan government in overcoming its economic and social problems.

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