News

Note: This section contains information in English only.
Fri, 20 Apr 2018 17:25:00 GMT

HSBC staff and bosses question gender pay gap

On Friday, investors and staff of HSBC questioned the new top executives of the bank how the ethnic diversity and gender pay gap will be improved under the new rule of a senior management. 

Fri, 20 Apr 2018 17:20:31 GMT

Berlusconi: our party to form coalition with 5-Star Movement

The leader of Italian party "Forza Italia" Silvio Berlusconi claimed that his party is ready to form a coalition with the anti-establishment 5-Star Movement party after 6 weeks of a deadlock.

Fri, 20 Apr 2018 16:23:11 GMT

Charter and Comcast partner to develop back-end software

On Friday, Charter Communications Inc and Comcast Corp claimed that they will establish partnership to develop back-end software for their Spectrum and Xfinity mobile services. 

Fri, 20 Apr 2018 16:12:26 GMT

Iraq oil minister: oil market is stabilising

On Friday, the Oil Minister of Iraq Jabar al-Luaibi claimed that oil market is stabilising and that current level of oil prices is "not high" after Donald Trump's criticism of OPEC over high oil prices. 

Fri, 20 Apr 2018 15:20:51 GMT

Wells Fargo agrees to pay $1B settlement

On Friday, Wells Fargo claimed that it is ready to pay $1B settlement to US regulators who claimed that a company has been abusing customers in its auto and mortgage businesses.

Fri, 20 Apr 2018 15:10:23 GMT

Nissan to cut hundreds jobs in UK plant

Nissan is planning to cut hundreds of jobs at company's Sutherland factory, the biggest plant in the UK, due to the declining demand for diesel vehicles in Europe. 

Fri, 20 Apr 2018 14:20:13 GMT

TransUnion to acquire UK Callcredit in $1.4B deal

TransUnion, the credit reporting agency, is planning to acquire the consumer data provider Callcredit in a deal worth $1.4B, seeking to bolster its presence in Britain.

Fri, 20 Apr 2018 14:17:07 GMT

Samsung Elec seeks expansion of production in Vietnam

According to a conversation between the Samsung Electronics co-CEO Koh Dong-jin, the tech company is set to expand its production in Vietnam that will create more jobs in the country.

Fri, 20 Apr 2018 13:36:27 GMT

Air France starts new talks with staff to end strike

Air France has launched new talks with its staff members in an effort to end strike over pay, sending its shares down 4% on Friday.

Fri, 20 Apr 2018 13:31:02 GMT

Daimler calls off nearly 25 K Mercedes-Benz vehicles in Russia

On Friday, the Russian standard agency stated the German automaker Daimler was recalling 24,763 Mercedes-Benz vehicle sold in the time period of 2014-2017.

Fri, 20 Apr 2018 12:01:47 GMT

GE posts better-than-expected Q1 adjusted profit

General Electric reported its Q1 profit more than tripled to $369M, compared to the prior year's $122M reading, sending the company's shares up 5% to $14.69 on Friday.

Fri, 20 Apr 2018 11:55:35 GMT

PSA Group urges for 3,7K staff cuts in Germany by 2020

PSA Group demanded 3,7K job cuts in Germany by 2020, after it had already removed around 2K job positions due to the buyout process, the Work Council Chief for Opel stated on Friday.

Fri, 20 Apr 2018 11:37:14 GMT

UK assured of Brexit talks, views no return to hard border with Ireland

On Friday, Britain has expressed its confidence in the Brexit negotiations, adding it did not expect a return to the hard border with Ireland after the country's withdrawal from the EU.

Fri, 20 Apr 2018 11:31:49 GMT

Schlumberger Q1 profit soars 88%

Schlumberger, the world's leader in oilfield services, reported on Friday its profit surged 88% to $525M in the first quarter amid rising prices on crude oil that encouraged North America's clients to increase spending.

Fri, 20 Apr 2018 10:35:30 GMT

UKGI names new director to manage RBS stake in Britain

The UK Government Investment has appointed Charles Donald on Friday as a new Royal Bank of Scotland's head to manage stakes in Britain.

Fri, 20 Apr 2018 10:23:53 GMT

IAG plans selling SE Asian units in $500M deals

Insurance Australia Group is planning to sell four Southeast Asia's businesses under its Asian operations review in deals that could be possibly valued at around $500M.

Fri, 20 Apr 2018 09:35:58 GMT

Alibaba acquires China's chipmaker to help IoT business

The e-commerce giant Alibaba Group bought China's microchip maker, seeking to further its cloud-based IoT business and help drive the local chip sector.

Fri, 20 Apr 2018 09:32:49 GMT

Bayer gets Russia's approval for Monsanto takeover

On Friday, Bayer announced it had received an official approval by the Russian antitrust regulator FAS for its scheduled Monsanto takeover deal worth $62.5B.

Fri, 20 Apr 2018 08:29:58 GMT

Ex-New York Mayor Giuliani joins Trump's legal team

Rudy Giuliani, the former New York Mayor, is set to join the personal legal team of Donald Trump, the US President's lawyer Jay Sekulow announced on Thursday.

Fri, 20 Apr 2018 08:25:43 GMT

Lockheed Martin to offer Japan new stealth fighter design

The US Defence Contractor Lockheed Martin seeks to propose a new stealthy jet hybrid to Japan, based on its advanced F-32 Lightning II and the export-banned F-22 Raptor aircraft, sources close to the matter reported.

Fri, 20 Apr 2018 07:32:08 GMT

Jana Partners discloses 9.1% stake in Pinnacle Foods

Jana Partners, the activist investor, has taken a 9.1% stake in the US firm Pinnacle Foods on Thursday, sending the food distributor's shares up almost 8% to %59.75 on the news.

Fri, 20 Apr 2018 07:27:09 GMT

Takeda's shares fall as investors worried on Shire deal

Shares of Japan's Takeda Pharmaceutical dropped about 5% on Friday amid investors' worries about the size of a deal the company would have to clinch to seal the Shire's purchase.

Fri, 20 Apr 2018 06:18:51 GMT

Oil remains strong on Friday

Oil prices edged slightly lower but were still located near three-year highs on Friday, as they were boosted by strong demand and OPEC supply cuts.

Fri, 20 Apr 2018 06:13:21 GMT

GM in talks with South Korean labour unit on Friday

The South Korean unit of General Motors is set to hold talks with its labour union on Friday in order to avoid bankruptcy threats.

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