World news

  • 31.08.2020
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Bristol-Myers to buy Celgene for $74 billion in largest biopharma deal

Bristol-Myers Squibb Co. said on Thursday it would buy Celgene Corp. for about $74 billion, combining two of the world’s largest cancer drug businesses in the biggest pharmaceutical deal eve...

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  • 31.08.2020
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CommScope acquires Arris for $ 7.4 billion

CommScope, an American manufacturer of communications equipment, has agreed to purchase its competitor Arris International.

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  • 19.07.2022
  • 79
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France proposes to pay $ 9.9 billion for the nationalization of EDF

The government will offer investors 12 euros per share EDF's problems exacerbate Europe's energy crisis The French government has offered to pay about 9.7 billion euros ($9.9 billion) for...

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  • 31.08.2020
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Titanic Hotels became the owner of Turkish Mardan Palace

The owner of the Turkish Mardan Palace became Titanic Hotels. This was reported by the Association of Tour Operators of Russia (ATOR).

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  • 31.08.2020
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SAP to buy customer sentiment tracker Qualtrics for $8 billion

Germany’s SAP said on Sunday it was buying Qualtrics International Inc for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company that specializes in survey...

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  • 31.08.2020
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Goldman Sachs Investing in Startup That Makes Paper From Stones

Goldman Sachs Group Inc. is buying a stake in TBM Co., a startup that’s become known for its technology that turns limestone into paper.

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  • 31.08.2020
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Veritas Capital, Elliott clinch $5.5 billion acquisition of Athenahealth: sources

Private equity firm Veritas Capital and hedge fund Elliott Management have agreed to acquire U.S. healthcare software maker Athenahealth Inc for $5.5 billion in cash, people familiar with th...

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  • 31.08.2020
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Diageo Sells Seagram's VO to Sazerac in $550 Million Deal

Diageo Plc agreed to sell Seagram’s VO whiskey and 18 other brands to closely held U.S. distiller Sazerac Co. for $550 million as the maker of Johnnie Walker focuses on higher-end labels.

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  • 28.08.2022
  • 204
  • bloomberg.com
A "significant" increase in interest rates is necessary in September

The European Central Bank must act decisively to contain record inflation and maintain expectations of future price increases, as a weak euro exacerbates the rise in energy prices, said Boa...

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  • 31.08.2020
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Johnson Controls sells its power business to Brookfield in $13 billion deal

Johnson Controls International Plc said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash deal...

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  • 31.08.2020
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Takeda shareholders give nod for $59 billion Shire acquisition

Takeda Pharmaceutical shareholders approved on Wednesday its $59 billion takeover of London-listed Shire, creating a global powerhouse with a stronger drugs pipeline but one that is saddled...

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  • 07.10.2020
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In an effort to survive and recover, Malaysia's AirAsia X is proposing a massive restructuring plan.

AAX said it faces severe constraints on financial commitments, and since no return to normalcy is foreseen, "an imminent default on contractual obligations will accelerate the airline's pote...

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  • 31.08.2020
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WeWork gets $3 billion in new funding from SoftBank

U.S. shared office space provider WeWork Cos has secured an additional $3 billion in funding from Japan’s SoftBank Group Corp, according to an investor presentation seen by Reuters.

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  • 31.08.2020
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Dan Gilbert to Sell Detroit Casino for $1 Billion

Quicken Loans Inc. founder Dan Gilbert agreed to sell his Detroit casino to Penn National Gaming Inc. and Vici Properties Inc. in a deal valued at $1 billion.

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  • 31.08.2020
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Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Warren Buffett’s Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase & Co and new investments in PNC Financial S...

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  • 31.08.2020
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BlackBerry to buy cybersecurity firm Cylance for $1.4 billion

BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash to help expand its QNX unit that makes software for next...

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  • 31.08.2020
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Warburg Pincus plans to raise up to $4 billion for new China fund: sources

Warburg Pincus LLC is looking to raise its second China-focused private equity fund of up to $4 billion, giving the U.S. investment firm more firepower to cut deals in the world’s second-lar...

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  • 24.08.2022
  • 140
  • bloomberg.com
The fall of the euro below the parity of the dollar brings little joy to business

Eurozone businesses have been waiting for years, wanting a weaker euro. Now it has happened, but at the most inopportune time.

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  • 31.08.2020
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Tycoon Mistry Plans $1 Billion Share Offer Amid Rare Sales

India’s Shapoorji Pallonji Group plans to seek about $1 billion by bringing outside investors into its solar unit, as it embarks on a series of asset sales across the 153-year-old conglomera...

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  • 31.08.2020
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Microsoft to Invest $1 Billion in Carbon-Reduction Technology

Software maker commits to becoming “carbon negative” by 2030

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