Business

  • 31.08.2020
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BRICS Bank to Boost South African Loans by as Much as $600 Million

NDB to balance loans equally among emerging BRICS economies South Africa’s leadership changes have spurred confidence

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  • 31.08.2020
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Farfetch Buys China Agency to Bring Luxury Brands to WeChat

London-based online fashion retailer acquires CuriosityChina Luxury goods makers adapt to digitally savvy Chinese clients

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  • 31.08.2020
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Exclusive: Saudi Aramco eyes partnerships as it expands refining, petrochems

Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the r...

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  • 31.08.2020
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AT&T to buy online ad exchange firm AppNexus

AT&T Inc (T.N) said on Monday it would buy online advertisement exchange company AppNexus Inc, less than a month after the No. 2 U.S. wireless carrier closed its $85 billion deal to acquire...

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  • 31.08.2020
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Exclusive: KKR close to signing deal for Altice's telecom towers - sources

Private equity firm KKR is close to buying a stake in the telecom towers business of Altice, three sources told Reuters, a deal that will help the telecoms and cable group to pay down debt a...

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  • 31.08.2020
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Holding the Hong Kong tycoon bought an office building in London for $ 1.32 billion

In this building, which is located in the City of London, is the British representative office of the largest Swiss bank UBS

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  • 31.08.2020
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Swiss pharmaceutical company Roche swallowed Foundation Medicine for $ 2.4 billion

Roche Holding bought out 44% of shares of American biotechnology company

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  • 31.08.2020
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General Electric sold one more of its division for $ 3.25 billion

We are talking about the division for the production of gas engines and equipment for energy

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  • 31.08.2020
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Manulife plans to free up $3.8 billion in capital by 2022

Manulife, Canada’s biggest insurer, said on Wednesday it had set a target to free up C$5 billion ($3.8 billion) in capital over the next three years, partly by offloading businesses that it...

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  • 31.08.2020
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A New York Broker Dealer Is Getting Bought by a Crypto Exchange

Digital asset exchanges are seeking to comply with regulations Uphold wants to serve as an alternative trading system

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  • 31.08.2020
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Bain Reaches Deal to Buy DSM Sinochem Pharma Joint Venture

DSP venture was said to have been worth $698 million in sale Singapore business was set up by Royal DSM, China’s Sinochem

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  • 31.08.2020
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BP Buys Britain’s Largest Electric Vehicle Charging Company

Oil major to pay 130 million pounds for the acquisition Chargemaster has about 6,500 charging stations across Britain

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  • 31.08.2020
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Apple hits $1 trillion stock market valuation

Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in person...

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  • 31.08.2020
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A company from California bought an abandoned Intel complex for mining

The purchase cost the Californian company $ 13 million

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  • 31.08.2020
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Lyft Buys Company Behind Citi Bike, Joining Bike-Rental Business

Ride-hailing company Lyft Inc. said it’s purchasing Motivate, the operator of Citi Bike in New York City and other bike-rental programs in major U.S. cities.

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  • 31.08.2020
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Paypal to spend $3 billion a year on M&A: CEO to German paper

PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company’s biggest...

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  • 31.08.2020
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CK to Buy Veon Out of Italy Telecom Venture for $2.9 Billion

Veon, formerly known as Vimpelcom, to sell 50% stake Deal is latest major purchase in two months by CK Chairman Li

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  • 31.08.2020
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Russian banks will receive almost 50% of the largest Croatian retailer

Sberbank and VTB will receive almost half of the largest private Croatian company, the food retailer Agrokor, lent to them, in exchange for writing off part of the debt. The Croatian company...

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  • 31.08.2020
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Boeing will team up with the Brazilian Embraer

The American corporation Boeing and the Brazilian aircraft construction concern Embraer signed on July 4, 2018 an agreement on the establishment of a joint venture in the field of civil avia...

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  • 31.08.2020
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Cisco to buy cyber-security company Duo for $2.35 billion

Cisco Systems Inc said on Thursday it would buy Duo Security, a venture capital-backed cyber security company, for $2.35 billion in cash, as it seeks to expand its offerings in cloud computi...

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