News

Note: This section contains information in English only.
Wed, 30 May 2018 07:50:45 GMT

WellCare Health to acquire Meridian Health Plans

On Tuesday, WellCare Health stated it was set to acquire Meridian Health Plans of Illinois and Michigan in a deal valued at $2.5B in cash, seeking to become the key Medicaid provider.

Wed, 30 May 2018 06:59:00 GMT

Hong Kong Airlines considers IPO, taps investors

China's Hong Kong Airlines is planning an initial public offering in the near future, tapping investors to attract about $350M by selling its new shares and convertible bonds, an official document showed.

Wed, 30 May 2018 06:57:46 GMT

Uber's rival Taxify raises $175M in funding from Daimler

The German carmaker Daimler has invested $175M into the Estonian taxi service and Uber's rival Taxify, which operates across the Central and Eastern Europe and Africa, two companies stated on Wednesday.

Wed, 30 May 2018 06:35:46 GMT

Cigna to buy ANZ Bank New Zealand's life insurance unit

The US-listed Cigna Corp is set to acquire a New Zealand life insurance unit from ANZ Bank New Zealand in a deal valued at $482.4M.

Wed, 30 May 2018 06:32:37 GMT

BHP-Mitsubishi venture to sell Australia's coal mine to Sojitz

On Wednesday, the global miner BHP Billiton stated its joint venture with Mitsubishi unit was set to sell an Australian coal mine to the Japanese firm Sojitz for $74.89M.

Wed, 30 May 2018 04:58:20 GMT

Green4U to build assembly plant in Honduras

The US-based electric auto manufacturer Green4U Technologies is to invest $20M in an assembly plant in Honduras within the following five years.

Wed, 30 May 2018 04:57:14 GMT

Oil falls amid worries about increased supply

Oil prices fell early on Wednesday amid worries that Russia and Saudi Arabia could increase the global oil supply during the second half of 2018.

Wed, 30 May 2018 04:09:56 GMT

China says US taking contrary position on trade talks

China said in a statement early on Wednesday that the US threatening to impose $50B import tariffs on China was regarded as a move against their recent trade consensus.

Wed, 30 May 2018 04:08:27 GMT

Asian stocks weaken amid Italian political crisis

Asian stocks extended their sell-off early on Wednesday in response to the current political crisis in Italy which sent the Euro to a new ten-month low.

Wed, 30 May 2018 03:01:45 GMT

US to diminish length of visas for China's citizens

The US government planned to diminish the length of visas provided for some of Chinese citizens within a strategy to prevent theft of intellectual property by the US rivals.

Wed, 30 May 2018 03:01:07 GMT

KKR to purchase BMC Software

KKR & Co stated that it is set to acquire the US business software firm BMC Software within a deal valued nearly $8.5B, the buyout company's biggest acquisition since the financial crisis.

Wed, 30 May 2018 02:32:08 GMT

Starbucks closes 8K stores for anti-bias instruction

Starbucks was closing 8K company-owned stores in the US, in a first attempt in training 175K employees over racial tolerance to ensure minorities receive equal treatment.

Wed, 30 May 2018 02:31:35 GMT

HP tops revenue forecasts, raises estimate on PC demand

HP reported better-than-anticipated quarterly revenue and raised the full-year profit estimate, supported by solid demand for desktops and notebooks.

Tue, 29 May 2018 20:54:37 GMT

Ukraine to purchase 55 Airbus helicopters from France

France signed an agreement with Ukraine to deliver it 55 Airbus helicopters worth €555M, the French Economy and Finance Ministry says.

Tue, 29 May 2018 20:53:53 GMT

Iran condemns US court ruling on 9/11 attacks

US court ruling on Iran's part in the 9/11 attacks is biased, politically-motivated and baseless, the Iranian Foreign Ministry says.

Tue, 29 May 2018 19:33:07 GMT

Xi wants to strengthen cooperation in technological innovation with UK

China and the United Kingdom should strengthen cooperation in technological and scientific innovation, the Chinese President Xi Jinping says.

Tue, 29 May 2018 19:32:16 GMT

Chinese Councilor meets Bolivian FM

The Chinese State Councilor Yang Jiechi and the Foreign Minister Wang Yi met with the Bolivian Foreign Minister Fernando Huanacuni Mamani on Tuesday in Beijing.

Tue, 29 May 2018 17:55:44 GMT

Nestle plans to cut 500 IT jobs in Switzerland

The global food producer Nestle plans to cut as many as 500 IT-related jobs in Switzerland as part of a plan to boost profitability.

Tue, 29 May 2018 17:54:47 GMT

China: US trade decision contrary to bilateral consensuses

The US trade statement is different from the consensuses the two countries have previously reached in Washington, the Chinese Ministry of Commerce says.

Tue, 29 May 2018 17:38:04 GMT

French former FM placed under investigation

The former French Finance Minister Eric Woerth was placed under formal investigation on Tuesday as part of an investigation into funds received from the former Libyan leader Muammar Gaddafi to finance Nicolas Sarkozy 2007 election campaign.

Tue, 29 May 2018 17:36:59 GMT

White House: Abe to visit US in June

The Japanese Prime Minister Shinzo Abe plans to visit Washington on June 7 before the meeting between the leaders of Pyongyang and Washington, the White House says.

Tue, 29 May 2018 15:53:48 GMT

Israeli air force strikes targets in Gaza

The Israeli air force made a massive air strike on the Gaza Strip on Tuesday, targeting a tunnel crossing between Egypt and Israel, the Israeli military says.

Tue, 29 May 2018 15:53:01 GMT

Kremlin: Abramovich has right to be Israeli citizenship

The Russian tycoon Roman Abramovich has every right to get Israeli citizenship, the Kremlin spokesman Dmitry Peskov says.

Tue, 29 May 2018 15:45:05 GMT

EU military aviation training starts in Bulgaria

A military aviation training, involving several EU member states, started in Bulgaria, the Ministry of Defence reports.

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