Business

  • 31.08.2020
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Oil major Total and Aramco sign $5 billion deal to build Jubail petrochemical complex

French oil and gas major Total on Tuesday signed a $5 billion deal with Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery.

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  • 31.08.2020
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National Grid to Sell Cadent Stake for 1.2 Billion Pounds

National Grid Plc agreed to sell its remaining 25 percent stake in the U.K.’s biggest gas distribution business to focus on assets that deliver higher growth.

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  • 31.08.2020
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Buffett's Berkshire Hathaway bought 75 million more Apple shares in first quarter: CNBC

Berkshire Hathaway Inc bought 75 million additional Apple Inc shares in the first three months of the year, CEO Warren Buffett told CNBC on Thursday, aggressively ramping up its bets on the...

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  • 31.08.2020
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Russia gives tentative nod to Schlumberger's acquisition of EDC stake

Russia has given preliminary approval to a bid by U.S. oilfield services giant Schlumberger to acquire up to 49 percent of Russia’s Eurasia Drilling Co (EDC), an unexpected decision given a...

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  • 31.08.2020
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Fox to buy seven TV stations from Sinclair for about $910 million

Twenty-First Century Fox Inc said on Wednesday it agreed to buy seven television stations from Sinclair Broadcast Group Inc for about $910 million.

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  • 31.08.2020
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Canada to buy Kinder Morgan oil pipeline in bid to save project

Canada will buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, hoping to save a project that faces formidable political...

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  • 31.08.2020
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Carl Icahn sells Tropicana casinos in $1.85 billion deal

Billionaire investor Carl Icahn is cashing out of casino business Tropicana Entertainment in a $1.85 billion deal that will see Eldorado Resorts picking up Tropicana’s casino operations incl...

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  • 31.08.2020
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Aladdin Shopping Center is for sale

The seller is the British investment fund Meyer Bergman

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  • 31.08.2020
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Britain's Zoopla, PrimeLocation bought by Silver Lake for $3 billion

Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out of online p...

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  • 31.08.2020
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Ghana Sells $2 Billion Bonds as Demand Exceeds Supply Fourfold

West African country sells 10- and 30-year durations African nations’ 2018 euro, dollar debt sales top $20 billion

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  • 31.08.2020
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China's Xiaomi targets as much as $6.1 billion in Hong Kong IPO: sources

Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the bi...

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  • 31.08.2020
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Exclusive: China's Tianqi nears $4.3 billion deal to buy stake in Chile's SQM - sources

China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera SQMa.SN, one of the world’s biggest lithium producers, for about $4.3 billion, two peo...

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  • 31.08.2020
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Exclusive: Vitol, Glencore, Shell in running for Petrobras' Nigerian assets

The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras (PETR4.SA) that owns stakes in two major Nigerian offshore oil blocks, industry and banking s...

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  • 31.08.2020
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PayPal to Buy iZettle for $2.2 Billion to Compete With Square

PayPal Holdings Inc. is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.

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  • 31.08.2020
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LaSalle Hotel accepts Blackstone's $3.7 billion cash offer

LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust.

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  • 31.08.2020
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Kazakhstan wants to sell its largest energy-generating company

Kazakhstani state fund Samruk-Kazyna plans to sell 100% of the shares of Samruk-Energo, the country's largest energy-generating company

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  • 31.08.2020
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Exclusive: ConocoPhillips prepares to sell stake in Canada's Cenovus - sources

ConocoPhillips is preparing to offload its stake in Cenovus Energy Inc that it acquired as part of an asset sale to the Canadian oil and gas producer last year, people familiar with the matt...

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  • 31.08.2020
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KKR to take Envision private for $5.57 billion in healthcare push

KKR & Co said on Monday it will buy Envision Healthcare Corp, one of biggest U.S. providers of physicians to hospitals, in a deal valued at $5.57 billion as it builds up its healthcare portf...

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  • 31.08.2020
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Microsoft to take on Amazon with $7.5 billion GitHub deal

Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to beef up its cloud computing business and challenge market leader...

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  • 31.08.2020
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Deutsche Bank is considering merging with its rival, Commerzbank

Paul Ahlaytner, Chairman of the Supervisory Board of Deutsche Bank, discussed with shareholders of the bank the merger issue

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