Business news


Germany looking to protect tech from takeovers by China

Germany looking to protect tech from takeovers by China

Germany prepares measures to work against soaring bids of Chinese firms for stakes in German tech companies, planning a €1-bln fund establishment dedicated to helping financially vulnerable firms, a source from the government said to Reuters.


September 18, 2018
Audi brings electric sport utility vehicle to U.S.
Audi brings electric sport utility vehicle to U.S.

Audi, Germany’s car producer, yesterday presented its new electric SUV in the United States aiming to compete with Tesla, also bringing...

September 12, 2018
Tesco’s discount chain Jack’s is due to open within days
Tesco’s discount chain Jack’s is due to open within days

Britain’s top retailer Tesco is going to unravel the details of its new discount project Jack’s in the coming week, the move aimed at...

September 11, 2018
China’s Alibaba and Russia’s firms will join forces for new internet marketplace
China’s Alibaba and Russia’s firms will join forces for new internet marketplace

The biggest online sales platform of China Alibaba is going to launch a joint venture together with sovereign wealth fund of Russia, MegaFon...

Firms in England more upbeat about Brexit consequences than rest of country
Firms in England more upbeat about Brexit consequences than rest of country

Firms in England show their mood is more upbeat as to the ability to withstand Brexit’s effect compared to other regions of the country,...

September 10, 2018
Volkswagen shareholders try to get compensation following emissions row
Volkswagen shareholders try to get compensation following emissions row

Volkswagen stands in court today as investors are demanding compensations for €9.2 bln, claiming the firm should have told investors about the...

September 5, 2018
William Hill plans cooperation with casino company in U.S.
William Hill plans cooperation with casino company in U.S.

William Hill is working out a partnership agreement with Eldorado Resorts, U.S. casino firm, according to the company. The move was reported...

Amazon becomes second $1 trillion firm in U.S. after Apple
Amazon becomes second $1 trillion firm in U.S. after Apple

Amazon yesterday expanded the list of $1 tln U.S. public companies, being the second ever after Apple, as its stock price jumped more than 100% in...

September 4, 2018
ING will pay €775 mln for insufficient commitment to countering crimes
ING will pay €775 mln for insufficient commitment to countering crimes

ING, a bank headquartered in Netherlands, has expressed willingness to pay €775 mln in fines as it recognized faults in bank policies aimed at...

August 29, 2018
Aston Martin plans to go public
Aston Martin plans to go public

British carmaker Aston Martin Holdings Ltd. announced its intention to list shares on the London Stock Exchange before the end of the year. The...

August 28, 2018
Complaints of data leaks rapidly rise after GDPR introduction
Complaints of data leaks rapidly rise after GDPR introduction

The Information Commissioner’s Office receives twice as many complaints of possible data siphoning from the launch of more stringent...

Toyota announces investment in Uber to co-develop self-driving automobiles
Toyota announces investment in Uber to co-develop self-driving automobiles

Toyota, a Japanese car manufacturer, is going to make $500 mln investment in Uber, looking to scale joint activity and start driverless vehicle...

August 24, 2018
UK’s competition authority investigates merger deal between Sainsbury's and Asda
UK’s competition authority investigates merger deal between Sainsbury's and Asda

The UK’s Competition and Markets Authority has started an inquiry to determine if the initiated £12 bln merger of Sainsbury’s and...

August 21, 2018
Musk’s plan of taking company private taken with caution, Tesla’s shares plummet
Musk’s plan of taking company private taken with caution, Tesla’s shares plummet

Shares of the U.S. electric car manufacturer Tesla were in turbulence yesterday as Musk’s plan to take the firm private raised questions as...

August 17, 2018
Walmart sees its shares soar 10% after report of ballooning internet sales
Walmart sees its shares soar 10% after report of ballooning internet sales

Walmart, the biggest U.S. retailer, reported an astounding 40% surge in its sales over the internet in the three past months, which lifted sales on...

Google’s new search engine for China falls under criticism from own workers
Google’s new search engine for China falls under criticism from own workers

Several hundred Google workers have filed to the firm expressing their discontent with the developed special-edition search engine for China that...

August 15, 2018
Berkshire Hathaway builds up its holdings of Apple
Berkshire Hathaway builds up its holdings of Apple

Berkshire Hathaway with Warren Buffet at the helm raised its share in Apple by 5%, shows yesterday’s regulatory filing revealing positions to...

August 13, 2018
UK businesses feel deficit of workers as flow of people from EU countries shallows
UK businesses feel deficit of workers as flow of people from EU countries shallows

British firms are experiencing a supply shock with less people from other EU countries coming to the UK, as businesses face hurdles finding...

August 8, 2018
Musk’s new proposal propels Tesla stock higher
Musk’s new proposal propels Tesla stock higher

The U.S. electric carmaker Tesla’s shares leaped by over 7% following Musk’s tweet saying he mulled over taking the company private and...

August 6, 2018
HSBC will pay $765 mln as settled with U.S. Department of Justice
HSBC will pay $765 mln as settled with U.S. Department of Justice

HSBC bank, number one in Europe, has agreed a settlement for $765 mln with the Justice Department of the United States linked to the sale of...

August 3, 2018
Royal Bank of Scotland plans to pay dividend for the first time
Royal Bank of Scotland plans to pay dividend for the first time

RBS’s earnings of the first 6 months have decreased, but it’s on track for the first dividend payout in a decade. An interim dividend...

August 2, 2018
Google aims to go back to China with the help of a modified search app
Google aims to go back to China with the help of a modified search app

Google has come under harsh criticism for aiding state censorship after the news that the tech giant is developing a search app for mobile devices...

July 26, 2018
Sky is thriving while competition for its purchase is underway
Sky is thriving while competition for its purchase is underway

Sky, that is about to be taken over by one of rivaling parties, has managed to lift earnings by growing the number of subscribers.

July 23, 2018
Tesla addresses partnering companies asking for cash back to show profit
Tesla addresses partnering companies asking for cash back to show profit

Tesla company has called on its suppliers to return some of the money that the manufacturer has paid before, as the carmaker is trying to uphold...

July 20, 2018
Microsoft earnings exceed $100bn for first time in fiscal year
Microsoft earnings exceed $100bn for first time in fiscal year

Microsoft reported $30.1bn in revenue for its fourth quarter, which ended on June 30. The IT giant beat analyst forecasts with earnings for the...

July 19, 2018
Google is fined €4.3 bln in connection with Android
Google is fined €4.3 bln in connection with Android

The European Union has imposed a €4.34 bln fine on Google for its Android operating system. The mobile OS had served as a tool of unlawful...

July 13, 2018
Broadcom’s shares plummet after its agreement to acquire CA
Broadcom’s shares plummet after its agreement to acquire CA

Broadcom, a chip manufacturer, had its market value plunge by around $18.9 bln after making a bid to purchase software firm CA Inc for the same...

July 12, 2018
UK government approves 21st Century Fox bid for Sky
UK government approves 21st Century Fox bid for Sky

The UK government does not intend to block deal for Rupert Murdoch's 21st Century Fox to buy pan-European broadcaster Sky.

July 11, 2018
Tesla announces building of a plant in Shanghai
Tesla announces building of a plant in Shanghai

Tesla plans to start a car manufacturing facility in Shanghai, said CEO Elon Musk yesterday. As of now its plants are located only in the U.S.

21st Century Fox increases its offer for Sky
21st Century Fox increases its offer for Sky

Rupert Murdoch's 21st Century Fox has upped its bid for UK broadcaster Sky to £24.5bn, overpassing its rival bidder Comcast for now.

July 10, 2018
Takeda to buy Shire after U.S. regulatory approval
Takeda to buy Shire after U.S. regulatory approval

The United States Federal Trade Commission approved Japan-based Takeda Pharmaceutical Co $62 billion deal to buy London-listed rival Shire Plc.

July 9, 2018
Nissan acknowledges it faked car emission tests in home country
Nissan acknowledges it faked car emission tests in home country

Nissan has recognized that it gave fudged data on emission tests for the majority of its factories in Japan.

Samsung to open world’s largest phone factory in India
Samsung to open world’s largest phone factory in India

South Korea's Samsung Electronics on Monday will hold the official opening ceremony of the world’s largest mobile phone manufacturing...

China's Tencent readies to spin off one of its services
China's Tencent readies to spin off one of its services

Tencent said it is set to list its music service on a stock exchange in the U.S. Yesterday’s announcement by the firm said the details of the...

July 5, 2018
Privacy policies of leading internet firms are not aligned with GDPR
Privacy policies of leading internet firms are not aligned with GDPR

Tech companies as Facebook and Google do not ensure compliance of their privacy policies to the GDPR rules, as says BEUC consumer organization.

Volkswagen plans a new carsharing service
Volkswagen plans a new carsharing service

Volkswagen is set to launch electric car sharing service in its home country in 2019 trying to meet the needs of consumers unwilling to purchase...

July 4, 2018
ZTE is granted 1-month permission for activity in the U.S.
ZTE is granted 1-month permission for activity in the U.S.

The U.S. is allowing ZTE to continue its business operations as the country’s administration ponders whether to lift a seven-year ban,...

July 3, 2018
Smartphone maker HTC to cut quarter of its global staff
Smartphone maker HTC to cut quarter of its global staff

The Taiwan-based smartphone maker HTC is planning to cut about a quarter (1,500) of employees in Taiwan, roughly a quarter of its 6,450 global...

Commerzbank to sell its Equity Markets and Commodities unit to SG
Commerzbank to sell its Equity Markets and Commodities unit to SG

German lender Commerzbank AG has reached an agreement an agreement to sell its equity markets and commodities (EMC) business to Societe Generale SA...

Business as the main participant of transactions in the Forex and stock markets

Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.

Business as the foundation of intensive development of the economy and financial markets

The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree