January 13, 2019

VW could face recall of more cars over emissions: report

Germany’s Federal Motor Transport Authority (KBA) is considering recalling more Volkswagen cars due to its emissions, scandal, the Bild am Sonntag newspaper reported on Sunday. Powered […]
January 13, 2019

Israel drone maker Aeronautics gets $232 million buyout offer

Israel’s state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero have offered to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($232 million). Powered […]
January 13, 2019

Bank of China to enable payment in yuan on U.S. e-commerce platforms: Xinhua

Bank of China’s New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this […]
January 13, 2019

Israel UAV maker Aeronautics gets 850 million shekel buyout offer

Israeli unmanned aerial vehicle maker Aeronautics said on Sunday it received an offer to be acquired by state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero […]
January 13, 2019

Saudi energy minister says oil market on ‘right track’

Saudi Arabia’s Energy Minister Khalid al-Falih said on Sunday the oil market is “on the right track” and will quickly return to balance, but oil producers […]
January 13, 2019

Saudi energy minister says no need for extraordinary OPEC meeting before April

Saudi Energy Minister Khalid al-Falih said on Sunday in Abu Dhabi he saw no need for an extraordinary meeting of the Organisation of Petroleum Exporting Countries […]
January 13, 2019

Saudi Aramco’s bond will probably be in 10 billion range: energy minister

Saudi Aramco will issue bonds which will probably be in the 10 billion range, Saudi Arabia’s energy minister said on Sunday. Powered by WPeMatico
January 13, 2019

Huawei sacks employee arrested in Poland on spying charges

Chinese telecommunications equipment maker Huawei said on Saturday it had sacked an employee arrested in Poland on spying charges in a case that could intensify Western […]
January 13, 2019

DP World signs acquisition agreement for Chile port operator

Major port operator DP World said on Sunday it had agreed to acquire a 71.3 percent stake in Chile’s Puertos y Logistica (Pulogsa) from Minera Valparaiso […]
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