News

Note: This section contains information in English only.
Fri, 15 Jun 2018 08:36:37 GMT

Construction firm CRH agrees on conditions to buy Ash Grove

Construction firm CRH has agreed to a takeover conditions to divest facilities in three US states as it sought to win the antitrust approval to acquire Ash Grove Cement.

Fri, 15 Jun 2018 08:33:39 GMT

Spain's Puig take controlling stake in Dries Van Noten

On Thursday, the Spanish fragrance and fashion group Puig stated it had bought a controlling stake in the Belgian company Dries Van Noten; however, the value of a deal had not been disclosed.

Fri, 15 Jun 2018 07:23:06 GMT

Reonomy attracts $30M from SoftBank, Sapphire Ventues

On Thursday, the real estate analytics company Reonomy stated it had raised $30M from the existing investors Sapphire Ventures and SoftBank Capital.

Fri, 15 Jun 2018 07:18:28 GMT

France's Teleperformance to acquire Blackstone's Intelenet

France's Teleperformance has agreed to acquire the Indian firm Intelenet from the US private equity group Blackstone in a takeover deal valued at $1.0B to strengthen its specialised services business.

Fri, 15 Jun 2018 06:06:07 GMT

Apollo delays sale of security company Constellis

Apollo Global Management has suspended its plans for a sale of the US military security company Constellis, following a failure in the negotiations with the Canada Garda World Security.

Fri, 15 Jun 2018 06:05:26 GMT

Australian drugmaker Sirtex sees getting approval for China's buyout

Sirtex, Australia's liver cancer treatment manufacturer, is expecting its $1.4B buyout by China's consortium to win the regulatory approval in the United States and Australia, despite some diplomatic tensions.

Fri, 15 Jun 2018 05:15:02 GMT

RBA: asset valuation justified with low interest rates

The Assistant Governor to the Reserve Bank of Australia Luci Ellis said asset valuation was justified with the current environment of low interest rates and bond prices.

Fri, 15 Jun 2018 05:13:21 GMT

Europe should adopt new monetary policies to trade with Iran

The President of Tehran Iron and Steel Union said Europe should adopt new monetary policies to continue trading with Iran in the steel industry without worries about US sanctions.

Fri, 15 Jun 2018 04:27:45 GMT

Euro still weak after ECB policy statement

The Euro continued to weaken early on Friday following a decision by the European Central Bank to hold interest rates at a record low level until mid-2019.

Fri, 15 Jun 2018 04:24:29 GMT

ASIC sues Westpac over inappropriate service

The Australian Securities and Investments Commission has filed a lawsuit against Westpac Banking Group over provision of inappropriate financial advice.

Fri, 15 Jun 2018 03:07:45 GMT

China regulators accept Qualcomm merger with NXP Semiconductors

China's regulators approved the US chipmaker Qualcomm's proposed $44B tie-up with NXP Semiconductors, according to sources with knowledge of the matter.

Fri, 15 Jun 2018 02:55:20 GMT

AT&T closes $85B deal to acquire Time Warner

The second largest wireless carrier AT&T closed its $85B deal to acquire media firm Time Warner after the US antitrust regulators indicated that they would not seek a delay.

Fri, 15 Jun 2018 02:40:49 GMT

China house prices up 0.7% in May

New home prices in Chine grew 0.7% month-over-month in May, following a gain of 0.5% in April, revealing the strongest expansion since June 2017, the NBS data revealed.

Fri, 15 Jun 2018 02:38:08 GMT

Manufacturing activity in New Zealand slows in May

The Business NZ report showed that the Manufacturing Index dropped to 54.5 in May after 59.1 in April, while stalling in the Employment Index was raising concerns.

Thu, 14 Jun 2018 20:19:55 GMT

French CB trims growth forecast to 1.8% in 2018

France's economic growth is likely to weaken slightly more than anticipated this year, as higher prices of oil weighed on activity, the country's Central Bank stated.

Thu, 14 Jun 2018 20:19:15 GMT

Xapo, itBit get US regulator approval for digital currency services

The New York DFS granted a license for Xapo to offer a vault and digital currency service and approved itBit application to provide custody services and trade four virtual currencies.

Thu, 14 Jun 2018 19:08:09 GMT

US import prices grow markedly in May

The US Labour Department stated that the country's import prices rose strongly 0.6% in May, supported by a rise in the cost of food and petroleum products.

Thu, 14 Jun 2018 19:07:23 GMT

ECB keeps rates unchanged, set to end QE in December

The European Central Bank announced the monetary policy decision to keep rates on hold, as widely expected, adding that it is set to wind up the QE program in December.

Thu, 14 Jun 2018 18:38:19 GMT

IMF advice US against its protectionist trade policies

The International Monetary Fund advised the United States on Thursday that President Donald Trump's new import tariffs may endanger the world trading system.

Thu, 14 Jun 2018 18:35:47 GMT

Protests in South Africa over wage demands

South Africa's labour unions have threatened a total closedown of Eskom, the state-controlled electricity outages unless their demands are met for a 15 percent pay rise.

Thu, 14 Jun 2018 17:20:57 GMT

US consumer spending increases in May

The United States retail sales accelerated more in the second quarter than expected, as consumers bought a range of goods. The latest sign, that the economic growth is increasing.

Thu, 14 Jun 2018 17:15:20 GMT

US and Canada agreed to continue talking about NAFTA

Canadian Foreign Minister Chrystia Freeland said on Thursday, that the United States and Canada have agreed to continue discussion regarding a NAFTA deal.

Thu, 14 Jun 2018 16:37:42 GMT

ECB sets to stop stimulus program

The European Central Bank will meet on Thursday to debate if to end its assets purchases by the end of 2018.

Thu, 14 Jun 2018 16:35:27 GMT

New York sues Donald Trump foundation due to illegal behavior

On Thursday, the New York attorney general Barbara Underwood sued the Trump foundation, claiming the nonprofit engaged in some illegal activities including support of his 2016 campaign.

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