News

Note: This section contains information in English only.
Mon, 18 Jun 2018 19:16:39 GMT

Canada mulls automobile companies aid in reaction to US tariffs threat

Canada is thinking about alternatives, including offering financial help to the car industry, to handle possible US tariffs, a superior federal minister said.

Mon, 18 Jun 2018 18:36:54 GMT

Trump administration to limit sanctuary cities decisions made by court

The Trump administration, intensifying its combat situation with what are referred to as sanctuary cities, the US Supreme Court asked on Monday to limit a lower court's order.

Mon, 18 Jun 2018 18:27:22 GMT

EU watchdog to decide on Blackstone Financial and Risk deal by July 20

EU antitrust regulators is going to make a decision by July 20 either or not to clear the US firm Blackstone Group's $20B major stake purchase in Thomson Reuters Financial and Risk unit.

Mon, 18 Jun 2018 16:43:59 GMT

Fujifilm sues Xerox due to merger abort

Fujifilm Holdings Corp sued Xerox Corp on Monday for more than $1B, claiming it succumbed to pressure to investors Darwin Deason and Carl Icahn in dumping a planned $6.1B merger.

Mon, 18 Jun 2018 16:43:39 GMT

Trump says US is not migrant camp

The US President Donald Trump stated on Monday that the United States is not going to be a migrant camp, while Democrats refused to come to work out immigration legislation.

Mon, 18 Jun 2018 16:22:32 GMT

Google to invest $500M in Chinese e-com giant JD.com

Google will put $500M in Chinese e-com giant JD.com, part of the US internet giant's attempts to increase its existence in fast-growing Asian areas and challenge others including Amazon.com.

Mon, 18 Jun 2018 16:12:57 GMT

WestJet founder to begin new US budget airline

WestJet Airlines and JetBlue Airways founder David Neeleman plans to start a new low price range air carrier in the US, with $100M as an initial investment.

Mon, 18 Jun 2018 14:28:08 GMT

Amazon to add over 1K jobs in Ireland within two years

The US online retailer titan Amazon announced on Monday it would add over 1,000 job positions in Ireland in the following two years on the back of the country's biggest staff boost.

Mon, 18 Jun 2018 14:21:30 GMT

Vintage Capital to acquire Rent-A-Center for $1.37B

Vintage Capital Management is planning to acquire the furniture retailer Rent-A-Center in a deal valued at $1.37B, bringing the company's shares up to $14.73 on Monday.

Mon, 18 Jun 2018 13:34:06 GMT

BJ's Wholesale Club expects IPO at up to $17 per share

BJ's Wholesale Club Holdings is seeing its IPO to be valued at $15-$17 per share, bringing the company's market capitalisation of up to $2.15B.

Mon, 18 Jun 2018 13:26:33 GMT

Baytex Energy to acquire Raging River in $2.13B deal

On Monday, Baytex Energy, the gas and oil producer, stated it would acquire its rival Raging Exploration in a deal valued at $2.13B, seeking for expansion in the Alberta's oil-rich Duvernay field.

Mon, 18 Jun 2018 11:55:58 GMT

BOK Financial to acquire CoBiz for $1.0B

On Monday, BOK Financial Corp announced it would buy CoBiz Financial in the cash-and-stock deal worth around $1.0B, as it seeks to expand in Colorado and Arizona.

Mon, 18 Jun 2018 11:54:56 GMT

CITIC Capital makes takeover bid for China Biologic

CITIC Capital Holding's unit stated on Monday it had made a proposal to acquire the US-listed biotech company China Biologic Products in a deal that could value the firm at $3.65B.

Mon, 18 Jun 2018 11:35:29 GMT

WP Carey looking into buying Corporate Property Associates 17

WP Carey, the real estate investment fund, is planning to acquire Corporate Property Associates 17, which invests in the commercial real estate, on the back of their deal worth $6.0B.

Mon, 18 Jun 2018 11:32:42 GMT

Audi's CEO getting arrested over emissions scandal

On Monday, the Chief Executive of Volkswagen's luxury unit Audi was arrested in connection with the German automaker's diesel test cheating row.

Mon, 18 Jun 2018 09:50:33 GMT

Bavarians want to stop migration

The Christian Social Union of Bavaria wants to enact a plan to limit immigration into Germany, but leave the implementation to the Interior Minister Horst Seehofer.

Mon, 18 Jun 2018 09:49:31 GMT

Financial markets decline on Monday

Stocks and oil prices declined on Monday, as the US Dollar gained value. Some media sources blamed Trump's tariffs on China. However, Dukascopy notes that there was a Federal Funds Rate increase last week that has increased demand for the USD.

Mon, 18 Jun 2018 09:20:07 GMT

ECB head Draghi to deliver speech at 17:30 GMT on Monday

On Monday, the President of the European Central Bank Mario Draghi is set to deliver his speech at the ECB Forum on the central banking at 17:30 GMT in Portugal.

Mon, 18 Jun 2018 09:16:56 GMT

Russia's InterRAO to acquire 11% of its shares

InterRAO, Russia's state energy firm, is planning to acquire 11.25% of its shares from the stakeholders Federal Grid Company and Rushydro, sources reported on Monday.

Mon, 18 Jun 2018 08:39:15 GMT

Lufthansa in contact with Norwegian Air Shuttle

On Monday, the CEO of Norwegian Air Shuttle Carsten Spohr stated his company was in talks with Norwegian Air Shuttle, which was also IAG's subject of interests, bringing Norwegian's shares up.

Mon, 18 Jun 2018 08:33:53 GMT

Virgin Money signs $2.26B deal with CYBG to create bank in UK

The middle-size bank CYBG has agreed on the $2.26B all-share deal to buy Virgin Money to create the sixth largest bank in Britain.

Mon, 18 Jun 2018 07:18:40 GMT

Japan stocks drop amid US-China trade tensions

On Monday, the Japanese stocks have plummeted on the back of the trade tension between China and the United States as they raised concerns over an impact on the global economy.

Mon, 18 Jun 2018 07:09:10 GMT

France calls on ex-Carrefour head to give up full retirement package

France's government has urged the former Carrefour CEO to give up the full retirement package, the country's spokesman stated on Sunday.

Mon, 18 Jun 2018 06:38:23 GMT

Unilever to cut ties with digital media over fake followers

Unilever is set to cut its relations with some digital media "influencers", which are buying followers, amid the consumer goods company's intention to make its advertisement more transparent.

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