World news

  • 31.08.2020
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Infineon to buy Cypress Semiconductors in $10 billion deal

Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the G...

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  • 31.08.2020
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EU needs united approach on foreign investment to gain China

Europe needs a united approach in protecting its strategic assets from foreign takeovers if it wants to be respected by China, French President Emmanuel Macron said on Wednesday.

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  • 31.08.2020
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U.S. oil prices hit highest since 2014, but analysts warn of overheated market

U.S. oil prices hit their highest since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating.

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  • 31.08.2020
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Swiss stock market wants investigation for Clariant Huntsman merger

The failed merger of Clariant with US rival Huntsman has had an aftermath for the Swiss chemical company. The SIX Swiss Exchange is launching an investigation into the announcement of the me...

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  • 31.08.2020
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The legend is leaving. Billionaire Warren Buffett named probable successors

The change of leadership in Berkshire is one of the most important topics of the financial world

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  • 31.08.2020
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Bitcoin got a battery. Crypto currency fell below $ 14,000

The rate of the crypto currency fell against the backdrop of the ban on mining in China and South Korea's intention to ban the work of crypto-exchange

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  • 31.08.2020
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SoftBank in Talks to Buy Stake in Reinsurance Giant Swiss Re

Zurich-based company says talks are at a very early stage Reinsurance is a way to tap into long-term cash flows

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  • 31.08.2020
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Oil prices fall more than 1 percent amid global market rout

Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intra-day falls ev...

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  • 31.08.2020
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Toyota, Mazda confirm $1.6 billion plant for Alabama

Toyota Motor Corp (7203.T) and Mazda Motor Corp (7261.T) confirmed Wednesday they will build a $1.6 billion joint venture assembly plant in Alabama that will employ up to 4,000 workers, a bo...

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  • 31.08.2020
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German economy likely slowed in late 2017 but will be strong in 2018 - ministry

German economic growth probably slowed at the end of 2017 but strong order intake and positive business expectations suggest Europe’s largest economy will continue to be robust this year, th...

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  • 31.08.2020
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Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs

DETROIT (Reuters) - Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that lowers...

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  • 31.08.2020
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Digital reality. How bitcoin has become a part of our life and an investment asset

The blockade and the crypto-currencies broke into our life truly with cosmic speed. A year ago, at about the same time, only a narrow circle of professionals knew about digital assets. How t...

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  • 31.08.2020
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The Cafe Metro Cafe. How not to lose money by allowing customers to set the price for coffee themselves

Coffee Cafe Metro Cafe from California's Santa Monica (one of the most expensive cities in the state) has offered its customers to choose how much they will pay for drinks and meals on the m...

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  • 31.08.2020
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JPMorgan Chase invests in artificial intelligence startup Volley

JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to help large enterprises automatically generate training c...

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  • 31.08.2020
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Exclusive: Colfax picks Goldman to sell Howden business - sources

Colfax Corp. is pressing ahead with plans to sell its air and gas handling unit Howden as part of a shift to focus on the medical devices industry and has hired Goldman Sachs to handle the p...

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  • 31.08.2020
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SoftBank's Vision Fund Invests $560 Million in Auto1 Group

Used-car sales portal is Son’s first investment in Germany Auto1 seeks to use cash to expand fintech loan venture

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  • 31.08.2020
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Startup for a teapot: how to create a company and not lose all the money

Venture investor told Forbes how to manage risks in fast-growing companies, motivate employees and partners and conquer the market

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  • 31.08.2020
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Battle for Europe: Lada wants to conquer Germany and Austria

Not so long ago the very idea of ​​exporting Lada to Central Europe was perceived as an anecdote, but the brand's sales are growing, and in some countries they have already caught up with we...

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  • 31.08.2020
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Sanofi to Buy Biogen Hemophilia Spinoff for $11.6 Billion

Bioverativ deal is valued at 64% premium to Friday’s close French drugmaker seeks growth drivers to offset diabetes drop

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  • 31.08.2020
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Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

Swiss food group Nestle (NESN.S) has agreed to sell its U.S. confectionery business to Italy’s Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider’s first big sale and a...

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