News

Note: This section contains information in English only.
Wed, 03 Jul 2019 09:29:05 GMT

France's Lagarde becomes new ECB head

On Tuesday, the EU leaders agreed to appoint Christine Lagarde as the new ECB head, signing deal on filling the bloc's other key four jobs after a marathon summit, which triggered deep divisions.

Wed, 03 Jul 2019 08:34:59 GMT

Tesla sets record for quarterly car deliveries

Tesla has delivered a record number of 95,200 vehicles in the quarter, responding to a question about the demand for the carmaker's luxury electric cars and sending its shares up 7% on Tuesday.

Wed, 03 Jul 2019 07:26:32 GMT

Samsung Electronics's Q2 profit likely halved amid Huawei ban

Samsung Electronics's Q2 profit likely to be reduced by half after reporting preliminary earnings last Friday, as a plunge in the memory chip shipments to Huawei aggravated the price-squeezing supply glut.

Wed, 03 Jul 2019 06:12:50 GMT

Washington urges to treat Huawei as blacklisted

The US government's senior official stated on Wednesday that China's Huawei should be treated as a blacklisted company, a couple of days after the US President Donald Trump had sowed confusion with his pledge to ease the ban on sales.

Wed, 03 Jul 2019 05:01:20 GMT

Oil prices remain stable on Wednesday

Crude oil prices remained stable on Wednesday after OPEC and other producers agreed on Tuesday to extend oil supply cuts until March 2020.

Wed, 03 Jul 2019 04:04:07 GMT

Asian shares decline on Wednesday

Asian shares declined on Wednesday, as investors and traders are worried over Washington's threat to impose additional tariffs on the European goods.

Tue, 02 Jul 2019 20:00:46 GMT

EU open to talks with US in dispute over aircraft subsidies

On Tuesday, the European Union said that it was prepared to negotiate with the United States over a dispute in aircraft subsidies.

Tue, 02 Jul 2019 19:01:21 GMT

German authorities fine Facebook $2.3M

Germany's authorities have penalised Facebook of $2.3 million for under-reporting the number of complaints of illegal content, they have received on their social media platform.

Tue, 02 Jul 2019 18:02:45 GMT

Arizona to withdraw incentives for Nike plant

On Tuesday, the Governor of Arizona Doug Ducey said that the state would pull incentives for Nike plant in Arizona over sneaker recall.

Tue, 02 Jul 2019 16:59:31 GMT

Navarro says trade deal with China will take time

Peter Navarro, the top White House trade adviser, said on Tuesday that the United States trade negotiations with China would take time.

Tue, 02 Jul 2019 16:03:57 GMT

New York City business outlook falls to 10-year low

According to the Institute for Supply Management-New York report, the six-month business sentiment among NYC's purchasing managers fell to 51.0 in June, the lowest level in ten years.

Tue, 02 Jul 2019 15:10:49 GMT

Carney says no-deal Brexit and trade war are risks

Mark Carney, the Governor of the Bank of England, said on Tuesday that a no-deal Brexit and a global trade war were increasing possibilities, but not certainties.

Tue, 02 Jul 2019 14:25:06 GMT

AB InBev wants to attract $9.8B in Asia stake listing

Anheuser-Busch InBev, the world's largest brewer, is planning to attract about $9.8B by listing the Asia-Pacific business located in Hong Kong in the world's largest 2019 IPO.

Tue, 02 Jul 2019 13:01:53 GMT

BT to trigger 5G services already this autumn

BT, the UK former telecoms monopoly, announced on Tuesday it would roll out the 5G services across business customers already this autumn that would be available in the 16 British busiest cities by the year-end.

Tue, 02 Jul 2019 11:56:45 GMT

Stepstone jobs portal takes over Appcast in €70M deal

Axel Springer's Stepstone jobs portal acquired an 85% majority stake in the US technology company Appcast in a deal worth €70M, the German publisher announced late on Monday.

Tue, 02 Jul 2019 11:31:39 GMT

Ireland invests disputed taxes of Apple in low risk

Ireland debt agency has made an investment of the disputed Apple taxes in low-risk euro-dominated fixed income securities, it announced in a report published on Tuesday.

Tue, 02 Jul 2019 10:39:04 GMT

France picks banks to work on FDJ lottery firm privatisation

On Tuesday, France named investment banks to work on privatisation of the FDJ lottery firm, aimed at attracting money to bolster overall economy and fund innovation projects.

Tue, 02 Jul 2019 08:43:51 GMT

Aussie remains near low levels

Despite the Australian central bank cutting interest rates on Tuesday, the Australian Dollar remained near previous low levels during the early hours of Tuesday's London trading.

Tue, 02 Jul 2019 07:37:49 GMT

UK Johnson set to demand free trade in EU talks

The British PM candidate Boris Johnson is planning to propose the EU bloc to discuss post-Brexit free trade or Britain will exit the European Union without any deal on October 31.

Tue, 02 Jul 2019 06:56:17 GMT

Dollar consolidates on Tuesday

During the early hours of Tuesday's London trading the US Dollar suffered slight losses, which were seen as a consolidation after the large gains seen on Monday.

Tue, 02 Jul 2019 04:41:47 GMT

Amazon plans expansion in France

On Tuesday, Amazon announced that the company intends to create new 1,800 jobs in France during this year.

Tue, 02 Jul 2019 04:34:35 GMT

China pushes forward reform

On Tuesday, the Chinese Premier Li Keqiang announced that the government will push forward the needed reforms to open up its manufacturing schedule to foreign investors in 2020.

Tue, 02 Jul 2019 02:36:41 GMT

GIC, Brookfield to buy Genesee & Wyoming

Canadian Brookfield Asset Management Inc and Singapore's sovereign wealth fund GIC agreed to buy the US freight railroad firm Genesee & Wyoming for about $6.4B in cash.

Mon, 01 Jul 2019 19:53:30 GMT

Dutch don't ban Huawei

On Monday, Dutch officials announced that the government will not ban Huawei or any other particular supplier of equipment from 5G network development.

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