News archive of April 2018
Sainsbury's in $10 bln swoop on Asda to create top UK supermarket
Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing industry leader Tesco.
French hotel giant AccorHotels buys Switzerland's Movenpick
French hotel group AccorHotels announced on April 30 that it has signed a deal to buy Switzerland's Mövenpick Hotels and Resorts for 560 million Swiss francs (467 million euros, $567 million).
Eurozone lending growth brakes in March: ECB
Growth in lending to the eurozone economy slipped slightly in March, but households' and firms' borrowing kept gaining momentum, European Central Bank data showed April 30.
'No decision' by Trump on Iran nuclear deal: Bolton
U.S. President Donald Trump has not yet decided whether to scrap the Iran nuclear deal, U.S. National Security Advisor John Bolton said April 29.
British interior minister Rudd resigns after immigration scandal
Britain's interior minister has resigned after Prime Minister Theresa May's government faced an outpouring of indignation over its treatment of some long-term Caribbean residents who were wrongly labelled illegal immigrants.
Malaysia jails first person under fake news law
A Danish man was jailed for a week in Malaysia April 30 after pleading guilty to breaking a law against "fake news," the first person to be punished under the controversial legislation.
Publisher Giorgos Kouris dies of cancer aged 81
The publisher Giorgos Kouris has died at the age of 81 following a battle with cancer, it emerged on Monday.
Founder of the Kouris Media Group, he was the owner of Avriani newspaper and the now defunct Alter television channel.
He also founded the newspapers Sat, Filathlos, Dimokratikos Logos and Kontra News newspapers.
Kouris to be buried in his native Cephalonia.
China's foreign minister to visit N. Korea this week
China's foreign minister will visit North Korea this week, his office said April 30, becoming the highest-ranking Chinese official to travel there in years as Beijing moves to further improve ties with Pyongyang days after a landmark inter-Korean summit.
Turkish FM Çavuşoğlu expected to attend Germany arson attack commemoration
Foreign Minister Mevlüt Çavuşoğlu is expected to attend a commemoration ceremony on May 29 marking the 25th anniversary of the 1993 racist arson attack in Germany's Solingen city, Turkey's state-run Anadolu Agency reported, citing diplomatic sources.
Turkey's trade gap widens as exports and imports rise in first quarter of 2018
Turkey's exports in the first quarter of 2018 reached $41.2 billion, up 8.9 percent from the same period in 2017, while imports rose to nearly $62 billion, up 22.7 percent, according to Turkish Statistical Institute (TÜİK) data released on April 30.