News

Note: This section contains information in English only.
Tue, 10 Jul 2018 20:09:31 GMT

Two people are convicted of insider trading

In the United States two employees of biopharmaceutical companies have been convicted for insider trading done by knowing confidential information.

Tue, 10 Jul 2018 19:11:32 GMT

Trump is still not sure about Putin

The President of the United States Donald Trump on Tuesday announced that it is still unsure whether Vladimir Putin is to be considered a friend or enemy to the US.

Tue, 10 Jul 2018 19:10:15 GMT

US judge allows Monsanto lawsuit

A US judge has approved the proceeding of hundreds of lawsuits that allege that Monsanto's weed killer causes cancer.

Tue, 10 Jul 2018 18:01:22 GMT

US stock markets surge

US stocks surged on Tuesday, as the surge was being driven by the stock of Pepsi and oil prices.

Tue, 10 Jul 2018 18:00:38 GMT

Vietnam arrests former Mobifone chairman

Vietnamese authorities have detained the former chairman of Mobifone on allegations of mismanagement and corruptions.

Tue, 10 Jul 2018 17:09:33 GMT

Tesla will build large plant in China

The CEO of Tesla on Tuesday made a deal with Chinese authorities to create a new auto production plant in Shanghai.

Tue, 10 Jul 2018 17:08:51 GMT

Air France looks for new CEO

The government of France has signalled Franco-Dutch airline that the company needs to find a new cost cutting CEO, which would save the company.

Tue, 10 Jul 2018 15:57:19 GMT

Italian minister speaks out about Euro

The Minister of European Affairs of Italy Paolo Savona on Tuesday announced that the country needs to prepare for all eventualities regarding the euro zone.

Tue, 10 Jul 2018 15:56:32 GMT

Amazon workers strike in Spain

Nearly one thousand employees of Amazon began a three-day strike in Spain due to a dispute about worker's rights.

Tue, 10 Jul 2018 15:11:03 GMT

Iranian top advisor will meet Putin

An adviser of the Iranian Supreme Leader is set to visit Moscow on Wednesday and meet with Vladimir Putin.

Tue, 10 Jul 2018 15:10:07 GMT

SEC accuses ex-CEO of Heartland Payments

The Securities and Exchange Commission of the United States on Tuesday charged the previous CEO of Heartland Payments with insider trading.

Tue, 10 Jul 2018 14:38:38 GMT

Activist Paulson cuts stake in Britain's Premier Foods

Paulson & Co reduced its holding in the British firm Premier Foods to a little bit over 6% compared to the previous 7.5%, the hedge fund company stated on Monday.

Tue, 10 Jul 2018 14:35:40 GMT

Fuji Xerox head: no dispute can cause Xerox-Fujifilm deal

On Tuesday, the Chief Executive of Fuji Xerox stated that no dispute escalating between the partners would lead to the joint venture's dissolution.

Tue, 10 Jul 2018 13:39:44 GMT

Petrobras closer to $1.3B stake sale in African venture

Petroleo Brasileiro, Brazi's state-owned oil firm, is nearing an agreement to sell its stake in the African venture for about $1.3B, according to the Valor Economico newspaper.

Tue, 10 Jul 2018 11:55:15 GMT

Softbank's Japan telecoms arm files for IPO in Tokyo

SoftBank Group's japan telecommunications division has applied for listing on Tokyo's Stock Exchange, with SoftBank remaining its major consolidated subsidiary after the listing.

Tue, 10 Jul 2018 11:48:32 GMT

France's Total ready to sell stake in Britain's North Sea fields

France's Total is preparing to sell its stake worth about $1.5B in its gas and oil assets in the British North Sea fields, four industry and banking sources stated on Monday.

Tue, 10 Jul 2018 11:39:06 GMT

PAI raises takeover bid for Ontex, gets access to its books

PAI Partners has lifted its proposed takeover bid for the Belgian diaper maker Ontex, gaining access to the company's books, the private equity group stated on Monday.

Tue, 10 Jul 2018 11:36:48 GMT

EU approves Deutsche Telekom's takeover of Liberty Global unit

On Monday, the European antitrust regulator approved Deutsche Telekom's purchase worth $2.23B of Liberty Global's Austrian unit, adding the takeover deal should not hurt competition.

Tue, 10 Jul 2018 09:18:47 GMT

Gateway Lifestyle Group drops revised bid by Hometown

On Tuesday, Australia's Gateway Lifestyle Group has rejected a revised bid from Hometown America, offering $514M in cash, as it was not in company's and shareholders' best interest.

Tue, 10 Jul 2018 09:11:35 GMT

TCV, CPPIB acquire stake in Switzerland's Sportradar

The Silicon-Valley's investor TCV and Canada Pension Plan Investment Board acquire a stake in the Swiss sports data company Sportsradar, valuing the group at $2.5B, including debt.

Tue, 10 Jul 2018 08:36:53 GMT

BMW signs MoU with Baidu to join self-driving platform Apollo

On Tuesday, BMW said it had inked a memorandum of understanding with the Chinese tech titan Baidu to join its self-driving platform Apollo, as the group's board member.

Tue, 10 Jul 2018 08:34:19 GMT

Tesco's Wilson to be replaced by CPO Jason Tarry

Tesco, the British largest supermarket, announced that it has named Jason Tarry, the company's Chief Product Officer, to replace the UK and Ireland head Charles Wilson, after he had been diagnosed with cancer.

Tue, 10 Jul 2018 07:07:43 GMT

Ping An Asset Management to buy 19.7% stake in China Fortune Land

China Fortune Land Development announced on Tuesday that Ping An Asset Management was ready to acquire its 19.7% stake worth $2.09B from the company's controlling shareholder.

Tue, 10 Jul 2018 07:03:44 GMT

Japan's Idemitsu to merge with Showa Shell in April

On Tuesday, Idemitsu Kosan, Japan's oil refiner has won founding family's approval for a merger with Showa Shell Sekiyu the next year, on April 1.

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