News

Note: This section contains information in English only.
Mon, 12 Nov 2018 15:28:48 GMT

Netherlands revives visa service after brief halt in Pakistan

On Monday, the Netherlands revived its passport and visa services in Pakistan after a brief halt that had been caused due to the circumstances beyond the Dutch government's control, according to the Netherlands' officials.

Mon, 12 Nov 2018 15:21:09 GMT

Russia's Group IB to launch global HQ in Singapore

Group IB, Russia's cybersecurity firm, is set to launch a global headquarters located in Singapore until this year-end or in the beginning of 2019 amid the company's plans on international expansion.

Mon, 12 Nov 2018 13:53:25 GMT

Icahn sees VMWare worth $300 per share

Carl Icahn stated on Monday that VMWare should be valued at $300 a share, on the back of the activist investor's efforts to derail Dell's plans to go public.

Mon, 12 Nov 2018 13:53:16 GMT

VW CEO plans to build 50M electric vehicles

On Monday, the Volkswagen CEO Herbert Diess stated that the carmaker was capable to build up to 50M of electric vehicles with the help of its battery procurement plans and EVs platform.

Mon, 12 Nov 2018 13:38:22 GMT

Head of Coty Camillo Pane steps down

On Monday, Coty announced that Camillo Pane, its Chief Executive Officer, stepped down and would be replaced by the former head of Jacobs Douwe Egberts coffee company, Pierre Laubies.

Mon, 12 Nov 2018 12:39:20 GMT

Italy's FITD to fill Banca Carige's capital hole

Italy's FITD, the interbank deposit protection fund, is planning to help Banca Carige to fill its $451M hole in the capital base, sources with a knowledge reported on Monday.

Mon, 12 Nov 2018 12:34:51 GMT

Daily Mail owner seeks bidding for "i" newspaper

According to a Sky News report, the Daily Mail owner is considering a bid for the Johnston Press' "i" newspaper, after the struggling publisher has announced it is selling itself.

Mon, 12 Nov 2018 10:51:23 GMT

Low earnings plague European stock markets

European stock prices declined on Monday. Financial media blamed the lower than forecast earnings being announced by European companies.

Mon, 12 Nov 2018 10:50:45 GMT

Bank of England expects a Brexit deal

On Monday, a Bank of England's policy maker told CNBC that the central bank is considering a Brexit deal being closed as the most likely outcome to the situation in the EU.

Mon, 12 Nov 2018 10:38:59 GMT

Saudi Aramco's CEO confident IPO to take place soon

The CEO of Saudi Aramco, Amin Nasser, is confident that the state-oil producer's planned initial public offering will take place as soon as all conditions are right.

Mon, 12 Nov 2018 10:34:11 GMT

Canada's Mawer considers possible sale worth C$2.0B

Mawer Investment Management, the Canadian asset manager, is exploring a potential sale that could be valued at C$2.0B, working closely with an investment bank, sources reported.

Mon, 12 Nov 2018 09:20:33 GMT

Nuance Communications close to sell its imaging division

Nuance Communications, the Speech-recognition software supplier, is getting closer to a sale of the imaging division to the Thoma Bravo-backed Kofax for around $500M.

Mon, 12 Nov 2018 09:17:42 GMT

Israel's NSO considers to acquire Fifth Dimension

The Israeli cyber firm NSO Group has entered talks to acquire Fifth Dimension start-up, owned by the ex-Defence Forces Staff Chief Benny Gantz, the local media stated on Monday.

Mon, 12 Nov 2018 08:34:43 GMT

Australia's Healthscope gets sweetened offer from Brookfield

Australia's hospital operator Healthscope received a sweetened takeover offer from Canada's Brookfield Capital Partners that valued the company at around $3.25B.

Mon, 12 Nov 2018 08:27:02 GMT

Vista Equity Partners to buy Apptio for $1.94B

The private equity group Vista Equity Partners is set to acquire the software company Apptio in an all-cash deal worth $1.94B, two years after Apptio had gone public.

Mon, 12 Nov 2018 07:37:36 GMT

Qualtrics to be acquired by SAP in $8.0B deal

Germany's SAP is set to acquire Qualtrics International, it stated on Sunday, in an all-cash deal worth $8.0B, pre-empting the planned initial public offering by the US firm

Mon, 12 Nov 2018 07:31:58 GMT

SoftBank's mobile arm to launch Tokyo IPO in December

On Monday, a domestic mobile unit of SoftBank Group has received an approval to list its shares in the $21.04B worth initial public offering on Tokyo's Stock Exchange scheduled for December 19, according to a regulatory filing.

Mon, 12 Nov 2018 06:31:35 GMT

Britain's Johnson: May needs to change Brexit course

On Monday, the former Foreign Minister of the UK Boris Johnson claimed that the Prime Minister of the UK Theresa May needs to change the Brexit course, urging her to favour the Canada-style agreement with the EU.

Mon, 12 Nov 2018 06:26:19 GMT

Head of Bavarian conservatives plans to resign in nearest time

The Germany's Interior Minister Horst Seehofer, the critic of liberal asylum policy and the leader of Bavarian conservatives, claimed that he would like to resign as a head of the party in the nearest time.

Mon, 12 Nov 2018 05:37:59 GMT

Trump and Erdogan discuss response to assassination of Saudi journalist

The President of the US Donald Trump and Turkish President Tayyip Erdogan have discussed possible actions as a reply to the assassination of Saudi journalist Jamal Khashoggi.

Mon, 12 Nov 2018 05:34:32 GMT

Elliott Management and Veritas Capital to acquire Athenahealth Inc

On Monday, a hedge fund Veritas Capital and Elliott Management have agreed to acquire American developer of healthcare software Athenahealth Inc for $5.5B.

Mon, 12 Nov 2018 04:25:20 GMT

UK PM May: Britain is ready for "different relationship" with Russia

On Monday, the Prime Minister of the UK Theresa May claimed that Britain is ready to change its policy on Russia and is open to "different relationship" if Russia stops to threat the global security. 

Mon, 12 Nov 2018 04:19:36 GMT

Largest energy companies spend 1% of budget on clean energy

According to the report of CDP, the largest gas and oil companies in the world have spent $1B of their 2018 budget on the projects related to the clean energy.

Mon, 12 Nov 2018 03:36:55 GMT

China unveils J20 stealth jet's missiles

On Monday, the Global Times newspaper said that China has shown the new missiles in its J20 stealth jet during the largest Chinese airshow.

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