Business

  • 31.08.2020
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Billionaire Dangote will build one of the world's largest refineries in Nigeria worth $ 10 billion

The richest man in Africa, billionaire Aliko Dangote, plans to build one of the world's largest refineries in Nigeria by 2020, the project cost is estimated at $ 10 billion, reports Bloomber...

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  • 31.08.2020
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Panasonic plans to halve cobalt content of car batteries in two-three years

Panasonic Corp plans to halve the cobalt content of its mass-produced automotive batteries “in two to three years”, an executive at the Japanese conglomerate said on Thursday, as battery mak...

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  • 31.08.2020
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FC Otkritie will buy an office in the center of Moscow for 10 billion rubles

The former owner of the bank objects to the deal.

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  • 31.08.2020
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The founder of Amazon became the richest man in history

The size of Jeff Bezos's fortune by $ 55 billion exceeded Bill Gates's record for inflation.

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  • 31.08.2020
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Arsenal Owner Kroenke to Buy Usmanov's Stake in Soccer Club

1. Usmanov had criticized Kroenke’s stewardship of London team 2. Arsenal has struggled in recent years, failing to win league

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  • 31.08.2020
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Warren Buffett donates $3.4 billion to Gates' and family charities

Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire’s largest contribution in his longstanding plan to give away his fortune.

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  • 31.08.2020
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Linde sells assets for $3.3 billion to help get Praxair deal cleared

Linde is raising $3.3 billion from selling North and South American assets to a consortium of German gases firm Messer and buyout group CVC as it seeks clearance for a planned $87 billion me...

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  • 31.08.2020
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Saudi developer sells assets at $ 1.4 billion

The company Emaar Properties at one time built the famous Dubai skyscraper Burj Khalifa

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  • 31.08.2020
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India Poised to Infuse $2 Billion Into State-Run Banks

Punjab National Bank is said to get largest single allocation Injection intended to bolster capital, meet bond payments

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  • 31.08.2020
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Alibaba to buy minority stake in Focus Media to tap digital marketing

Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd to tap into the digital ma...

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  • 31.08.2020
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Saudi Aramco aims to buy controlling stake in SABIC: sources

Saudi Aramco aims to buy a controlling stake in petrochemical maker SABIC, possibly taking the entire 70 percent stake owned by Saudi Arabia’s sovereign wealth fund, two sources familiar wit...

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  • 31.08.2020
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Atos to buy Syntel for about $3.57 billion

French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sun...

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  • 31.08.2020
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Dubai's Emirates NBD to buy Turkey's Denizbank for $2.8 billion in revised deal

Dubai’s Emirates NBD said on Wednesday it will buy Turkey’s Denizbank from Russia’s Sberbank at a roughly 20 percent discount to a previously agreed price, after a steep fall in the Turkish...

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  • 31.08.2020
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China's Silk Road Fund to Buy 24% of U.A.E. Solar Thermal Plant

China’s Silk Road Fund will acquire a 24.01 percent interest in the world’s largest single-site solar thermal plant, which is being built in the United Arab Emirates.

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  • 31.08.2020
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Dodgers Co-Owner Takes Stake in Beverly Hilton Hotel

1. Complex is said to be valued at $1.2 billion with transaction 2. Beverly Hilton is known for Golden Globes, Milken conference

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  • 31.08.2020
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Vitol-Led Group to Buy Petrobras Africa Stake for $1.5 Billion

A partnership led by Vitol Group agreed to buy a 50 percent stake in an African oil and natural gas exploration business from Petroleo Brasileiro SA for $1.5 billion, helping the Brazilian c...

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  • 31.08.2020
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Dragon Capital bought Horizon Park Business Center from Ukrsotsbank

The investment company Dragon Capital bought Ukrsotsbank capital business park Horizon Park Business Center. The cost of the transaction is not disclosed.

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  • 31.08.2020
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Chesapeake Energy plans to sell Utica shale stake for $2 billion

Chesapeake Energy Corp plans to sell all of its Ohio natural gas acreage to privately owned Encino Acquisition Partners for about $2 billion, the company said on Thursday.

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Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

Chipmaker Broadcom Inc said on Thursday it will buy antivirus software maker Symantec Corp’s enterprise security unit for $10.7 billion in cash to scale up its software business through deal...

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  • 31.08.2020
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Exclusive: Occidental Petroleum explores sale of pipeline assets - sources

Occidental Petroleum Corp is exploring a sale of its pipeline assets, hoping to fetch more than $5 billion and free up capital to invest in exploration and production as oil prices rebound,...

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