News

Note: This section contains information in English only.
Mon, 29 Jul 2019 15:01:18 GMT

Johnson tells EU to shift position on Brexit

On Monday, the UK Prime Minister Boris Johnson told the European Union leaders that he would be happy to sit down for Brexit negotiations when they shift their position on the Withdrawal Agreement.

Mon, 29 Jul 2019 14:27:59 GMT

Japan's Osaka Gas set for Sabine Oil takeover

On Monday, Japan's Osaka Gas stated it would acquire Sabine Oil & Gas, the US shale gas developer, in a deal valued at $610M, as the Japanese firm seeks for business global expansion to accelerate future growth.

Mon, 29 Jul 2019 13:38:39 GMT

Exact Sciences to acquire Genomic Health in $2.8B deal

Exact Sciences, the cancer diagnostics company, announced on Monday it would take over the healthcare firm Genomic Health in a deal worth $2.8B, as it seeks to boost the cancer testing business

Mon, 29 Jul 2019 12:21:50 GMT

Musk's Boring attracts around $117M in latest round of funding

Elon Musk's Boring has attracted about $117M in its latest funding round from 20 investors after the electric carmaker offered to sell around $120M in equity, according to its regulatory filing.

Mon, 29 Jul 2019 11:03:18 GMT

Japan's Abe and South Korea's Moon unlikely to meet at UN

Shinzo Abe, Japan's Prime Minister, is unlikely to meet South Korea's President Moon Jae-in at the United National General Assembly that will take place in September, another sign of strained relations between the countries.

Mon, 29 Jul 2019 10:36:39 GMT

Chipmaker TowerJazz Q2 profit beats estimates

TowerJazz, the Israeli chip manufacturer, reported on Monday its Q2 profit fell less than anticipated, adding it would make a $100M investment to expand the output capacity at the Japanese plant to meet rising demand.

Mon, 29 Jul 2019 09:39:09 GMT

Japan's Motegi set for meeting with USTR Lighthizer

On Monday, Toshimitsu Motegi, the Japanese Economy Minister, stated he was set for a meeting with Robert Lighthizer, the US Trade Representative, on August 1 in Washington.

Mon, 29 Jul 2019 08:35:16 GMT

LSE-Refinitiv deal seen to face long antitrust review

Blackstone Group is planning to announce the merger deal between its majority-held financial data company Refinitiv and the London Stock Exchange as soon as this week; however, the tie-up might face a long-lasting antitrust review, Reuters reported.

Mon, 29 Jul 2019 07:18:52 GMT

BlackRock seeks to acquire US Cofense

BlackRock has entered advanced talks to sign a takeover deal with Cofense, the US cyber security company, after the US national security panel called on Pamplona Capital Management to sell a stake in the firm, according to Reuters.

Mon, 29 Jul 2019 06:03:46 GMT

Ratcliffe to become new US Spy Chief

On Sunday, the US President Donald Trump stated he would select the Representative John Ratcliffe as a nominee for the role of a new US Spy Chief, to replace the current head of the national intelligence Dan Coats.

Mon, 29 Jul 2019 05:36:59 GMT

US-China trade negotiators shift to Shanghai

Trade negotiators of the United States and China have moved to Shanghai this week to hold their first in-person negotiations since the G20 truce that took place last month, as two countries are struggling to resolve the dispute over their trade war.

Mon, 29 Jul 2019 04:34:40 GMT

SoftBank Group to make $2.0B investment into Grab

On Monday, Masayoshi Son, Japan's SoftBank Group CEO, stated that the company would invest $2.0B in the ride-hailing app Grab, helping the Southeast Asian tech firm to set up its second headquarters in Jakarta.

Sun, 28 Jul 2019 20:27:01 GMT

First Derivatives loses CEO

Consulting and software firm First Derivatives Plc announced on Sunday that its CEO Brian Conlon has died from cancer.

Sun, 28 Jul 2019 19:24:05 GMT

BlackRock likely to takeover Cofense

According to sources familiar with the matter, BlackRock Inc is considering full acquisition of Cofense Inc after the CFIUS ordered Pamplona Capital Management LLP to get rid of its stake.

Sun, 28 Jul 2019 18:14:13 GMT

Nadle speaks about Trump impeachment

The US House Judiciary Committee Chairman Jerrold Nadler stated on Sunday that Democrats did not set any deadline for the pursuit of Donald Trump's impeachment, including the beginning of 2020 presidential election.

Sun, 28 Jul 2019 17:21:24 GMT

LSE, Refinitiv merger to face fundamental review

According to sources with the knowledge of the matter, the expected merger between Refinitiv and the London Stock Exchange (LSE) would face a long, fundamental review by antitrust authorities.

Sun, 28 Jul 2019 16:16:47 GMT

US continues soy deliveries to China

The Chinese National Development and Reform Commission stated on Sunday that the country has accepted nearly 2M tonnes of soybeans from the US in July as a sign of a goodwill in light of the upcoming trade negotiations in Shanghai.

Sun, 28 Jul 2019 15:23:48 GMT

Rouhani hopes for better relations with UK

The Iranian President Hassan Rouhani stated on Sunday that he hoped "familiarity" of the new British Prime Minister Boris Johnson would help the countries to improve bilateral relations.

Sun, 28 Jul 2019 14:24:38 GMT

China wants to save Iran nuclear pact

Director General of the Chinese Department of Arms Control Fu Cong stated on Sunday that all parties to the Iran nuclear deal wanted to keep it alive and would stand against the US decision to re-impose sanctions.

Sun, 28 Jul 2019 13:28:59 GMT

Iranian parties hold emergency meeting

An Iranian official Abbas Araqchi stated on Sunday that an emergency meeting between the country's parties devoted to the Iran nuclear deal was "constructive".

Sun, 28 Jul 2019 12:18:37 GMT

UK to increase government spending

The UK Junior Treasury Secretary Rishi Sunak stated on Sunday that the government could afford increased spending in order to prepare for a no-deal Brexit.

Sun, 28 Jul 2019 11:26:31 GMT

SAGO to continue sale of flour mills

Saudi Grains Organization (SAGO), Saudi Arabian state grain buyer, stated on Sunday that the next phase of its flour mills sale would start on Wednesday.

Sun, 28 Jul 2019 10:16:34 GMT

UK prepares for no-deal Brexit

The British Prime Minister's supporter Michael Gove stated on Sunday that the government assumed that the EU would not change its position and, accordingly, started preparations for a no-deal Brexit.

Sun, 28 Jul 2019 09:15:51 GMT

Iran to unfreeze heavy water nuclear reactor

Ali Akbar Salehi, the head of the Iranian Atomic Energy Organization, stated on Sunday that the country would renew activities at its Arak nuclear reactor.

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