News

Note: This section contains information in English only.
Wed, 23 May 2018 13:33:56 GMT

Comcast seeks to challenge Disney over Fox assets

On Wednesday, Comcast confirmed it is getting ready to make an offer for the 21st Century Fox's businesses, which Fox had already agreed to sell to the entertainment giant Walt Disney.

Wed, 23 May 2018 13:28:32 GMT

Nissan and Renault unlikely to merge before 2020

Nissan and Renault are revising their carmaker alliance's ownership structure, but their merger into the single listed company is highly unlikely in the following two years, the CEO Carlos Ghosn stated on Wednesday.

Wed, 23 May 2018 12:02:52 GMT

IBM announces new recruitment in France

IBM has announced about its plans over new hiring in France, ahead of the Microsoft and IBM CEOs' meeting with the President Emmanuel Macron.

Wed, 23 May 2018 11:58:24 GMT

Malaysia: mysterious Flight MH370 search to end following week

On Wednesday, Malaysia's Transport Minister Anthony Loke stated that the search for Malaysia Airlines flight MH370 that went mysteriously missing in 2014 should end next week.

Wed, 23 May 2018 11:33:59 GMT

Tesla cuts up to $14K off its Model X in China

Tesla had to cut up to $14K off Model X in China, following Beijing's announcement about major tariff trims for imported vehicles.

Wed, 23 May 2018 10:11:45 GMT

Dandong Port Group says its assets frozen amid securities dispute

The Chinese port operators Dandong Port Group reported on Wednesday that its assets worth $422.87M had been frozen due to a securities dispute.

Wed, 23 May 2018 10:06:18 GMT

Poll: industrial production in Singapore expanded 8.3% in April

According to a recent poll by Reuters, the industrial production in Singapore likely expanded by 8.3% year-on-year in April, boosted by a rise in pharmaceuticals output.

Wed, 23 May 2018 09:35:45 GMT

Yelp aims resumes EU antitrust complaint against Alphabet's Google

On Tuesday, Yelp announced it had resumed its EU antitrust complaint against Google, as it sought to receive traction on an accusation that Google unfairly pushes its own services in the results.

Wed, 23 May 2018 09:26:30 GMT

Australia's SeaLinkTravel shares rise 12.3% on takeover bid rejection

On Wednesday, shares of Australia's SeaLink Travel surged 12.3% following its rejection of a takeover bid worth $363.64M from an undisclosed potential buyer, the firm confirmed.

Wed, 23 May 2018 08:35:16 GMT

Australia's SeaLink Travel rejects $364M takeover bid

On Wednesday, Australia's SeaLink Travel confirmed it had rejected an unsolicited takeover offer for the company worth $363.64M from an undisclosed potential buyer.

Wed, 23 May 2018 08:25:22 GMT

Vista Oil & Gas signs onshore JV with Jaguar

Vista Oil & Gas, the Mexican energy investment company, has signed a deal with Jaguar Exploracion y Produccion over three onshore projects, acquiring 50% of shares with the initial payment of $27.5M.

Wed, 23 May 2018 07:00:02 GMT

Bayer gets India's approval for Monsanto acquisition

Bayer has received the Indian antitrust regulator's approval to acquire the US seed giant Monsanto, in a step that brings the pharmaceuticals company closer to finalise its $62.56B deal.

Wed, 23 May 2018 06:54:44 GMT

Polish oil refiner PKN to acquire rest of Czech Unipetrol

Poland's largest oil refiner PKN Orlen is set to buy out the remaining 5.97% in the Czech unit Unipetrol for 380 crowns per stake to complete the takeover, the company stated late on Tuesday.

Wed, 23 May 2018 06:31:45 GMT

Santos shares fall 9% after it drops $10.8B takeover bid

Santos shares plunged 9%, after Australia's gas producer had rejected a $10.8B takeover proposal from Harbour Energy late on Monday, holding up better than it had been expected.

Wed, 23 May 2018 06:25:51 GMT

Walmart to acquire Flipkart stake from SoftBank Group

On Wednesday, SoftBank Group stated it would sell its 20% stake in India's e-commerce company Flipkart to Walmart, the first public Vision Fund divestment.

Wed, 23 May 2018 04:53:43 GMT

OMFIF report: public sector investor assets jump 7.3% in 2017

The Official Monetary and Financial Institutions Forum said investor assets in the public sector surged 7.3% to $36.2T in 2017, boosted by the price of gold and equity market gains.

Wed, 23 May 2018 04:51:43 GMT

Poll: BOK to keep interest rate unchanged on Thursday

The Bank of Korea is likely to keep its benchmark interest rate unchanged at 1.50% during its meeting on Thursday, a recent poll by Reuters showed on Wednesday.

Wed, 23 May 2018 04:13:32 GMT

Bloomberg: ZTE estimates $3.1B loss after US supplier ban

According to Bloomberg, the Chinese telecommunications company ZTE Corp suffered losses of at least $3.1B due to the US imposing a ban on its American suppliers.

Wed, 23 May 2018 04:12:07 GMT

Asian shares open weak due to fading optimism on US-China talks

Shares weakened in the Asian session early on Wednesday in response to fading optimism about progress made on trade talks between the United States and China.

Wed, 23 May 2018 03:33:46 GMT

Japan to set temporary fiscal target to balance budget by 2025

The government of Japan is expected to push back the timeframe for reaching a balanced budget in five years to fiscal 2025, but set a temporary target to assess progress in getting it in order.

Wed, 23 May 2018 03:23:25 GMT

China sees summits with eastern Europe good for EU

The Chinese government stated that annual summits between central, eastern European countries and China were beneficial to the EU as a whole, repealing concern that Beijing sought to divide the continent.

Wed, 23 May 2018 02:37:50 GMT

Foxconn unit to raise $4.3B in China IPO

Foxconn Industrial Internet, the subsidiary of the biggest contract manufacturer Foxconn, stated that it planned to raise $4.26 in what is likely to be the biggest China's initial public offering in nearly three years.

Wed, 23 May 2018 02:35:23 GMT

Trump to propose new tax cuts

The US President Donald Trump stated that he is set to propose some new tax cuts before November, when Republicans seek to retain the control of the US Congress in medium term elections.

Tue, 22 May 2018 20:51:55 GMT

Trump: meeting with Kim may be delayed

The scheduled meeting with the leader of the Democratic People's Republic of Korea Kim Jong Un may be delayed, the US President Donald Trump says.

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