News

Note: This section contains information in English only.
Wed, 25 Apr 2018 15:15:49 GMT

Apple CEO Tim Cook to meet Donald Trump to discuss trade

On Wednesday, the US President Donald Trump is going to meet with Apple Inc Chief Executive Tim Cook in the Oval Office to discuss recently imposed tariffs on Chinese goods.

Wed, 25 Apr 2018 14:33:48 GMT

Uber services get ban in Austria's Vienna

Austria's Commercial Court issued a temporary order to halt the ride-hailing service Uber's operations in Vienna, according to the report on Wednesday.

Wed, 25 Apr 2018 14:29:47 GMT

Kremlin asks whether new Iran nuclear pact is possible

Russia explores the possibility to resume the earlier work to sign a new Iranian nuclear agreement, in Kremlin's comment on the US President Donald Trump's position over the deal.

Wed, 25 Apr 2018 13:34:28 GMT

Russia plans to deliver new air defence systems to Syria

Russia is planning to provide Syria with new air defence systems in the near future, the Russian Defence Ministry stated on Wednesday.

Wed, 25 Apr 2018 13:32:18 GMT

Leonard Green to acquire SRS for more than $3B

The buyout company Leonard Green & Partners agreed to buy the US building products firm SRS Distribution for over $3B including debt.

Wed, 25 Apr 2018 12:29:54 GMT

Learning Tech acquires US talent management firm for $150M

British firm Learning Technologies is set to acquire the privately-held talent management company PeopleFluent Holdings in a deal valued at $150M, as it aims to expand in the United States.

Wed, 25 Apr 2018 12:24:13 GMT

UK government approves Melrose acquisition of GKN

Britain's government gave Melrose's takeover of the engineering firm GKN the green light, saying it did not find any national security grounds to halt the deal.

Wed, 25 Apr 2018 11:12:17 GMT

BMW expects growth pace of China sales to halve in 2018

BMW's CEO reported on Wednesday, the German carmaker expected the growth pace of its Chinese sales to be reduced almost by half this year, on the back of a broaden downturn in the world's biggest car market.

Wed, 25 Apr 2018 11:07:21 GMT

South Africa's Consol to halt IPO plans amid market's tough conditions

The glass bottle maker in South Africa, Consol, had to delay its plans for the initial public offering on the Johannesburg bourse due to challenging market conditions, it stated on Wednesday.

Wed, 25 Apr 2018 10:26:18 GMT

Chinese regulators warn about online insurance

On Wednesday Chinese banking and insurance regulators issued warnings about online insurance risks.

Wed, 25 Apr 2018 10:25:42 GMT

Oil heads for 75$ price tag

On Wednesday oil prices increased, as the commodity price had already reached a three year high level during the previous trading session.

Wed, 25 Apr 2018 09:36:53 GMT

Sinclair Broadcast plans TV stations selling amid Tribune takeover

Sinclair Broadcast stated on Tuesday it would sell its 23 TV stations to several firms after completing the $3.9B acquisition of Tribune Media.

Wed, 25 Apr 2018 09:34:32 GMT

Armenia's President launched talks to resolve political crisis

On Wednesday, the President of Armenia Armen Sarkissian announced he would launch talks with the government forces in his attempt to resolve the country's political crisis.

Wed, 25 Apr 2018 08:34:27 GMT

Carrefour clinches purchasing deal with local peer Systeme-U

Carrefour agreed to sign a purchasing deal with the domestic company Systeme-U to help France's agriculture producers, the EU biggest supermarket retailer stated on Wednesday.

Wed, 25 Apr 2018 08:32:05 GMT

Geely ties-up with Aisin Seiki over automatic transmission production

Geely Automobile Holdings is eager to tie-up with Aisin Seiki, Japan's automobile transmissions maker, as the companies plan to produce front-wheel drive 6-speed auto transmissions in China, as well as other related components.

Wed, 25 Apr 2018 07:02:13 GMT

SSE introduces regulation governing tri-party repos

The Shanghai Stock Exchange (SSE) introduced on Wednesday new interim rules regulating the use of bonds as collateral in three party repurchase agreements.

Wed, 25 Apr 2018 07:01:57 GMT

Costa Coffee to separate from Whitbread

The CEO of Whitbread Alison Brittain noted on Wednesday that the progress the company is making is satisfying enough to allow both Costa Coffee and Premier Inn to start operating as independent businesses.

Wed, 25 Apr 2018 06:38:28 GMT

Shire likely to recommend Takeda's $64B bid to shareholders

On Tuesday, the drug maker Shire stated it was eager to recommend the last Takeda Pharmaceutical's bid worth $64B to shareholders, raising chances to clinch the biggest takeover of a drug firm this year.

Wed, 25 Apr 2018 06:35:08 GMT

BMW still aims to partner with China's Brilliance

BMW's CEO stated on Wednesday that the company was still seeking for a partnership with the local automaker Brilliance China Automotive and was ready to discuss the potential venture's ownership levels.

Wed, 25 Apr 2018 04:42:34 GMT

Kobe remains under investigation

Kobe Steel limited announced on Wednesday that the company remains under investigation by authorities of Japan.

Wed, 25 Apr 2018 04:42:23 GMT

Daimler CEO denies hostile takeover

The CEO of Daimler AG on Wednesday revealed that the firm's largest shareholder Li Shufu is not showing signs that he would be intending to do a takeover of the firm.

Wed, 25 Apr 2018 04:21:18 GMT

Mexico ratifies Asia-Pacific trade agreement

On Tuesday the Senate of Mexico approved the new Asia-Pacific trade agreement. Mexico is the first of 11 signatories to do so.

Wed, 25 Apr 2018 04:20:40 GMT

China creates new tri-party repo rules

The Chinese authorities on Wednesday announced additional temporary regulation for bond repurchase agreements.

Wed, 25 Apr 2018 03:40:57 GMT

Coke warns about pain form sugar tax in UK, US freight costs

Coca-Cola stated that it would received a hit in the Q2 form the UK sugar tax introduction and higher freight costs in the US.

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