News

Note: This section contains information in English only.
Mon, 11 Jun 2018 15:50:19 GMT

US imposes new sanctions on Russia over cyber attacks

On Monday, the US Treasury imposed new sanctions on several Russian firms and individuals over participating in cyber-attacks on the United States and its allies.

Mon, 11 Jun 2018 15:11:23 GMT

DIHK: trade dispute causes uncertainty for German exporters

According to the DIHK Chambers of Commerce and Industry, the current trade dispute between the US and other countries causes significant uncertainty for German exporters.

Mon, 11 Jun 2018 15:09:44 GMT

S&P500 opens higher on Monday

The S&P500 gained 2.91 points at the beginning of the US session on Monday, boosted by a 14.6% surge in the share price of Sempra Energy.

Mon, 11 Jun 2018 14:37:12 GMT

Inmarsat shares up 12% after it rejected EchoStar's bid

Shares in Inmarsat, the UK satellite company, surged 12% on Monday, following its rejection of a proposal by the US firm EchoStar late last week.

Mon, 11 Jun 2018 14:31:34 GMT

UK Poundworld puts 5,100 jobs at risk by going into administration

Poundworld, the British discount retailer, has put 5,100 job positions at risk, becoming the victims of the UK sector's brutal trading conditions, due to going into administration.

Mon, 11 Jun 2018 13:36:21 GMT

Rockwell plans to buy 8% stake in $1.0B deal with PTC

On Monday, Rockwell Automation announced it would acquire an 8.4% stake in the software maker PTC for $1.0B, intending to combine their technologies.

Mon, 11 Jun 2018 13:33:29 GMT

Takeda shareholders seek to block $62B Shire deal

Takeda Pharmaceutical's shareholder group is seeking to block the $62B takeover of the London-listed firm Shire Plc at its extraordinary general meeting.

Mon, 11 Jun 2018 12:32:35 GMT

StanChart plans to apply for Hong Kong's virtual banking licence

Standard Chartered announced on Monday it would apply for a virtual banking licence in Hong Kong amid global banks' rush to bolster their presence to lure more young clients.

Mon, 11 Jun 2018 12:23:33 GMT

Mapbox picks former Apple designer to lead augmented reality efforts

On Monday, the mapping start-up Mapbox stated it had hired the former Apple and Twitter designer to head up the company's efforts to design the augmented reality software.

Mon, 11 Jun 2018 11:35:24 GMT

Klingelnbrg to price IPO at 45-54 Swiss francs per share

Klingelnberg, the Swiss machinery producer, stated on Monday it would price its initial public offering at 45-54 Swiss francs per share, bringing the bid's value at 230M-270M Swiss francs.

Mon, 11 Jun 2018 11:25:36 GMT

China's CATL shares hit record-high at first day of trade

On Monday, shares in Contemporary Amperex Technology Ltd., China's largest lithium battery producer, surged 44% on their first listing debut in Shenzhen.

Mon, 11 Jun 2018 10:03:29 GMT

German prosecutors target CEO of Audi

The office of the prosecutor of Germany on Monday revealed that the CEO of Audi has been included in the list of suspects in the Volkswagen emissions probe.

Mon, 11 Jun 2018 10:02:22 GMT

Chinese auto investors move from US to Europe

Industry sources and M&A data reveals that investors, who invest in the auto industry, from China have been moving their investments from US to Europe.

Mon, 11 Jun 2018 09:39:28 GMT

Japan Mercari's listing to lift $1.2B after top-of-range pricing

On Monday, Japan's Mercari, the flea market app operator, has priced its IPO at the top of indicative range, raising up to $1.19B this year.

Mon, 11 Jun 2018 08:38:58 GMT

Mars Petcare to acquire EU vet business AniCura

Mars Petcare is set to acquire the EU animal healthcare facility AniCura amid the pet food maker's intention to expand the veterinary business globally.

Mon, 11 Jun 2018 08:35:32 GMT

BlackRock discloses 5% stake in a2 Milk Company

On Monday, the world's biggest asset manager BlackRock has disclosed a 5% stake in New Zealand's dairy unit a2 Milk Company.

Mon, 11 Jun 2018 07:05:54 GMT

ScotiaMocatta loses two more staff members amid reshuffle

Two more employees resigned from the Scotiabank's metal unit ScotiaMocatta, following the senior management's exodus, on the back of the radical restructuring.

Mon, 11 Jun 2018 07:02:15 GMT

BoA to move more jobs to Paris than planned before Brexit

Bank of America is seeking to raise the number of jobs to move from London to its new office in Paris before the Brexit, than it had been planned initially, sources familiar with the plans reported.

Mon, 11 Jun 2018 05:56:15 GMT

Amazon to add over 2.5K jobs in Britain in 2018

Amazon.com is planning to create more than 2.5K permanent job positions in Britain this year, bringing its UK workforce to about 28K, the US retail giant said.

Mon, 11 Jun 2018 05:55:09 GMT

Australia's Tabcorp considers leaving underperforming Sun Bets

The Australian firm Tabcorp Holdings is in talks with News UK over leaving Sun Bets, the underperforming gaming and wagering joint venture.

Mon, 11 Jun 2018 05:22:37 GMT

Google likely to be hit by another antitrust fine from EU

Google is likely to face the second antitrust fine from the European Union in July over the Android case, as the tech giant has been using the dominant mobile operating system to drive out rivals.

Mon, 11 Jun 2018 05:20:34 GMT

British lawmakers loses confidence in TSB head amid IT crisis

The British lawmakers have lost confidence in the TSB CEO Paul Pester due to the IT crisis that hit the bank, following the board's full support before the tipping point.

Mon, 11 Jun 2018 04:11:29 GMT

French farmers launch refinery blockade on Sunday evening

French farmers have started a blockade late on Sunday of fuel depots and oil refineries due to Total's plans to use the palm oil imports at a biofuel factory, raising their discontent over the unfair competition.

Mon, 11 Jun 2018 04:09:50 GMT

Merkel: EU to act against US tariffs on aluminium, steel

Germany's Chancellor Angela Merkel stated on Sunday that Europe would impose counter-measures against the US tariffs on aluminium and steel, after Canada made the same move against the President Donald Trump's decision.

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