World news

  • 31.08.2020
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Exclusive: Chevron in talks to buy Brazilian oil company's Texas refinery - sources

Chevron Corp has held talks to acquire Pasadena Refining System Inc, a Texas oil refining unit of Brazilian state-run oil firm Petroleo Brasileiro SA, three people familiar with the matter s...

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  • 31.08.2020
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IBM to acquire software company Red Hat for $34 billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business i...

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  • 31.08.2020
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Exclusive: Dell explores sale of cybersecurity company SecureWorks - sources

Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of close to $2 billion, people familiar with the m...

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  • 31.08.2020
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CBA Sells Asset Arm to Japan’s Mitsubishi UFJ for $2.9 Billion

The upheaval in Australia’s scandal-tainted banking industry has handed Japan’s largest bank a long-awaited opportunity to get a bigger foothold in the global asset management industry.

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  • 31.08.2020
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Elon Musk Buys $10 Million in Tesla Stock on the Open Market

Tesla Inc. Chief Executive Officer Elon Musk apparently couldn’t wait to get more of his carmaker’s stock.

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  • 31.08.2020
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Russian investors have lost interest in commercial real estate

They prefer to invest in a residential segment that is growing more rapidly.

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  • 31.08.2020
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JP Morgan CEO says has no interest in buying Deutsche Bank: Handelsblatt

JP Morgan has no interest in buying Deutsche Bank the U.S. bank’s chief executive told German daily Handelsblatt.

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  • 31.08.2020
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Transmashholding bought a plant in South Africa

The main markets for the company - African countries.

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  • 31.08.2020
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Saudi-Backed Vision Fund Invests $1.1 Billion in a Maker of ‘Smart Window’ Glass

SoftBank will unveil its first major investment since Saudi Arabia invited international scorn for the murder of a journalist.

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  • 31.08.2020
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CapCo in Talks to Sell Most of Earls Court to CK Asset Holdings

CK Asset Holdings Ltd. is in preliminary talks to buy most of Capital & Counties Properties Plc’s Earls Court project, a sign of investors’ faith in the long-term prospects of London’s luxur...

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  • 31.08.2020
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SoftBank to invest additional $2 billion in WeWork: sources

SoftBank Group Corp. will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate’s total investment in the office space provider to more than $10 billion,...

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  • 31.08.2020
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SoftBank Is Planning a $1.2 Billion Solar Plant in Saudi Arabia

SoftBank Group Corp. is planning to develop a $1.2 billion solar power plant in Saudi Arabia, even as it faces growing scrutiny over its relationship with the kingdom, according to people wi...

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  • 31.08.2020
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Kraft Heinz sells its Canadian division to Parmalat

Kraft Heinz has announced the sale of Parmalat’s Canadian cheese division. This was said in a statement.

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  • 31.08.2020
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Hyundai Bets on EV Era With $250 Million Grab Investment

Hyundai Motor Group agreed to invest an additional $250 million into Grab Holdings Inc. and sell a fleet of electric vehicles to the Singapore-based ride-hailing company as the automaker exp...

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  • 31.08.2020
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Unilever swallows GSK's Indian Horlicks business for $3.8 billion

Unilever (ULVR.L) is to buy GlaxoSmithKline’s (GSK.L) Horlicks nutrition business for $3.8 billion, boosting the Anglo-Dutch group’s position in India by adding the popular malted drink.

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  • 31.08.2020
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Nexstar to buy Tribune Media for $4.1 billion

Nexstar Media Group Inc (NXST.O) said on Monday it agreed to buy Chicago-based peer Tribune Media Company (TRCO.N) for about $4.1 billion in cash, making it the largest regional U.S. TV stat...

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  • 31.08.2020
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Billionaire Novogratz Invests in Cryptocurrency Firm Bitfury

Cryptocurrency venture Bitfury raised $80 million from investors including the merchant bank founded by billionaire ex-Goldman Sachs Group Inc. partner Mike Novogratz.

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  • 31.08.2020
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Ford buying San Francisco-area e-scooter startup Spin

Ford Motor Co said Thursday it will join the mushrooming micro-mobility movement with the acquisition of 2-year-old Spin, an electric scooter rental firm based in San Francisco.

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  • 31.08.2020
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Exclusive: Agribusiness giant ADM made buyout approach to Argentina

Top U.S. grain merchant Archer Daniels Midland Co has approached Argentine soy crusher Molinos Agro about buying the company’s livestock feed and soyoil manufacturing plant, and talks may co...

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  • 31.08.2020
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Fortune Magazine to Be Sold to Thai Businessman for $150 Million

The sale to Chatchaval Jiaravanon gives the business publication a new owner for the second time this year

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