News

Note: This section contains information in English only.
Tue, 30 Oct 2018 16:18:07 GMT

Apple to update aging iPad Pros and Macs with new features

Apple Inc announced on Tuesday that it would be adding new features, like faster processors and better displays, to some Mac laptops and facial recognition to the iPad Pro.

Tue, 30 Oct 2018 15:32:22 GMT

Pfizer head sees no need for big acquisitions

Pfizer's Chief Executive designate Albert Bourla stated on Tuesday there was no need for large acquisitions, after the drugmaker reported its Q3 earnings, beating analysts' estimates.

Tue, 30 Oct 2018 15:27:55 GMT

JPMorgan's Electricity North West seeks £2.0B sale

The JPMorgan-owned Electricity North West picked some advisers to lead a plan and a strategic view of a £2.0B sale of the firm, according to Sky News report published on Tuesday.

Tue, 30 Oct 2018 14:16:25 GMT

UK and Norway agree upon citizen status after Brexit

On Tuesday, representatives of Norway and the United Kingdom announced that the two countries have made a deal that allows Norwegian citizens to remain in the UK after Brexit.

Tue, 30 Oct 2018 14:15:50 GMT

Apple will release new iPads

On Tuesday, Apple announced that the company will release a new iPad, which will have the facial recognition feature.

Tue, 30 Oct 2018 13:06:51 GMT

Lufthansa has no interest to be part of Alitalia's shake-up

Lufthansa's CEO Carsten Spohr stated on Tuesday the airline was not interested to be the part of the Italian government-led Alitalia carrier's restructuring deal.

Tue, 30 Oct 2018 12:59:06 GMT

Chesapeake to acquire WildHorse for $4.0B

Chesapeake Energy is set to acquire WildHorse Resource Development, the US oil producer, in a deal valued at around $4.0B, it announced on Tuesday, seeking to boost oil production capacity on the back of rising prices on crude.

Tue, 30 Oct 2018 12:07:28 GMT

WH Smith shares rise 5% on InMotion takeover

Shares in the UK newspaper, books and stationary retailer WH Smith surged 5% on Tuesday on the news it would acquire InMotion, the US digital accessories seller, in a deal worth £155M.

Tue, 30 Oct 2018 12:07:17 GMT

Blackstone picks Keppel as preferred bidder for Ixom sales

The Singaporean firm Keppel Infrastructure Trust has been chosen by Blackstone as the preferred bidder for its sale of Australia's chemical company Ixom Holdco Pty.

Tue, 30 Oct 2018 10:52:44 GMT

Stock markets continue to decline

European and Asian stock market indices continued to decline by the middle of Tuesday's London session.

Tue, 30 Oct 2018 10:52:16 GMT

Traders bet on Yuan fall

As the Chinese Yuan approaches the seven dollar mark, market participants expect that the government will eventually let the currency fall below this level.

Tue, 30 Oct 2018 10:36:48 GMT

Sam's Club plans opening new innovation centre in Texas

Sam's Club, the warehouse chain owned by Walmart, is set to launch a new innovation centre and store in Texas' Dallas, to test technology ahead of its implementation in stores.

Tue, 30 Oct 2018 10:32:28 GMT

AstraZeneca to sell EU rights to Nexium to Grunenthal

AstraZeneca stated it was planning to sell its EU rights to Nexium, the acid-reflux medicine, to Grunenthal in a deal worth $700M in an upfront and $90M as the future sales-related payments.

Tue, 30 Oct 2018 09:39:07 GMT

Restaurant Group acquires Wagamama

On Tuesday, Frankie & Benny's British owner Restaurant Group acquired the noodle chain Wagamama in a cash-deal valued at $457.03M, on the back of the company's expansion.

Tue, 30 Oct 2018 09:36:00 GMT

Japan's Eighteenth Bank & Shinwa Bank to delay merger deal by six months

Shinwa Bank and Japan's Eighteenth Bank decided to delay their merger deal by six month, as they seek to prepare for the local calendar change.

Tue, 30 Oct 2018 08:37:50 GMT

Sony lifts annual profit forecasts to record-high amid robust Q2 results

Sony increased the annual operating profit estimates by 30% to its record-high, after reporting robust Q2 profit results, driven by its popular game titles and growing demand for the company's online gaming services.

Tue, 30 Oct 2018 08:31:27 GMT

Kroger, Ocado agree service terms to May merger

On Tuesday, Britain's online grocer Ocado stated it had agreed operational and service terms regarding its merger deal with the US supermarket chain Kroger, signed in May.

Tue, 30 Oct 2018 07:38:16 GMT

Wirecard's revenue rises 35% in Q3

On Tuesday, the German fintech group Wirecard reported its revenues surged 35% in the Q3 to €549.2M, topping analysts' estimates of €529.9M.

Tue, 30 Oct 2018 07:34:31 GMT

Nintendo Q2 profit jumps 30%, but misses forecasts

Japan's Nintendo has posted a 30% rise in its Q2 operating profit this Tuesday, albeit missing analysts' expectations, as company's sales boost its earning recovery.

Tue, 30 Oct 2018 05:41:24 GMT

Walmart introduces innovations during holiday season

Walmart Inc announced on Tuesday that this holiday season the retailer is offering fast checkout and digital store maps.

Tue, 30 Oct 2018 05:41:17 GMT

Oil prices decrease on Tuesday

On Tuesday, global crude oil prices decreased, as various signs showed that global oil supply has increased.

Tue, 30 Oct 2018 05:29:59 GMT

USD remains firm on Tuesday

On Tuesday, the US Dollar held its overnight gains, as it was supported by safe haven buying caused by the dumping of the Chinese Yuan, which reached a ten year low level.

Tue, 30 Oct 2018 05:29:31 GMT

China's authorities call out Xiaomi

On Tuesday, the Chinese Ministry of Finance revealed that the Chinese smartphone company Xiaomi has made errors in accounting

Tue, 30 Oct 2018 04:20:50 GMT

Mondelez to rise price to cope with higher freight costs

Mondelez International stated that it would rise prices for biscuits, candies and gums in the US and certain emerging markets in 2019 to battle increasing transportation and freight costs.

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