World news

  • 30.08.2022
  • 196
  • wsj.com
New York Restaurant Chain Cashes in on Office Crowd

Nye's Middle Eastern food is boosting more business than before the pandemic, with steady sales on Tuesdays, Wednesdays and Thursdays.

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  • 31.08.2020
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  • everything-for-business.com
CITIC Capital bidding for 22% McDonald's China stake: chief

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald’s Corp’s mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on T...

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  • 31.08.2020
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  • everything-for-business.com
Lebanon's Bank Audi in talks with UAE's FAB to sell Egyptian unit

Lebanon’s Bank Audi said on Thursday it was in exclusive negotations with First Abu Dhabi Bank FAB.AD to sell its Egyptian unit in a move aimed at boosting its liquidity and financial resili...

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  • 31.08.2020
  • 1973
  • everything-for-business.com
Siemens buys Indian electrification company in $296 million deal

Siemens is buying Indian electrical equipment maker C&S Electric in a 267 million euro ($296.21 million) deal, the German industrial group said on Friday.

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  • 31.08.2020
  • 2345
  • everything-for-business.com
Vodafone to sell stake in Egyptian unit to Saudi Telecom for $2.4 billion

Saudi Telecom Co., the kingdom’s biggest telecom operator, has struck a preliminary deal to buy Vodafone Group’s 55% stake in Vodafone Egypt for $2.4 billion, as it seeks growth in the Arab...

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  • 31.08.2020
  • 3938
  • everything-for-business.com
LendingClub to acquire Radius Bank for $185 million

LendingClub Corp on Tuesday agreed to buy U.S. digital lender Radius Bank in a cash-and-stock deal valued at $185 million, as it looks to gain access to a cheaper source of funding and offer...

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  • 31.08.2020
  • 3204
  • everything-for-business.com
Ally Financial to buy CardWorks in $2.65 billion deal

Auto lender Ally Financial Inc on Tuesday agreed to acquire privately held CardWorks for $2.65 billion as it looks to diversify its consumer product offerings, supported by a growing and low...

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  • 31.08.2020
  • 3009
  • everything-for-business.com
Shipping group Maersk to buy U.S. warehousing and distribution firm

Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics...

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  • 31.08.2020
  • 2342
  • everything-for-business.com
Thyssenkrupp sells elevator unit for $18.7 billion to Advent, Cinven consortium

Thyssenkrupp AG.said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany’s RAG foundation for 17.2 billion euros ($18.7 billion) in what could...

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  • 31.08.2020
  • 3741
  • everything-for-business.com
Costco buys logistics firm Innovel for $1 billion

Costco Wholesale Corp. said on Tuesday it had acquired Innovel Solutions for $1 billion, as the membership-only retailer beefs up its final-mile delivery of bulky products across the United...

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  • 31.08.2020
  • 3348
  • everything-for-business.com
Retailer Casino to sell Leader Price assets in France to Aldi

Debt-laden French retailer Casino has agreed to sell 567 Leader Price stores in France, plus three warehouses, to German discount rival Aldi in a deal with an enterprise value of 735 million...

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  • 28.09.2020
  • 147
  • everything-for-business.com
Qatar Airways announces $1.9 billion in losses due to pandemic and boycott

Qatar Airways, reports a $1.9 billion loss of revenue over the past year, accusing the Coronavirus Pandemic of major losses, the elimination of Air Italy shares and the continuing boycott of...

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  • 29.09.2020
  • 183
  • everything-for-business.com
The study showed that Google's market power has grown despite the EU's order for fair play

BRUSSELS (Reuters) - American technology giant Alphabet Inc (O:GOOGL) Google has increased its market share in the three years since the EU competition authorities ordered it to stop favori...

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  • 07.10.2020
  • 131
  • everything-for-business.com
European stocks unchanged as upbeat earnings dispelled US concerns over stimulus

European stocks hovered around a two-week high on Wednesday as upbeat earnings reports from Britain's Tesco (OTC: TSCDY) and Germany's Dialog Semiconductor helped offset uncertainty over a n...

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  • 15.10.2020
  • 138
  • everything-for-business.com
World Bank approves $ 12 billion in funding for viral vaccines and health

The $ 12 billion "package" is part of a broader World Bank package of up to $ 160 billion to help developing countries fight the COVID-19 pandemic, the bank said in a statement.

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  • 15.10.2020
  • 139
  • everything-for-business.com
Germany shares lower at close of trade; DAX down 2.49%

The German stock market ended Thursday trading lower on the back of negative dynamics from the sectors of transport and logistics, telecommunications and software.

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  • 22.12.2020
  • 125
  • reuters.com
Apple shares rally after 2024 car release plan report

Apple Inc. shares surged 3% in pre-sale on Tuesday, a day after Reuters exclusively announced that the iPhone maker aims to launch a passenger car with its own battery technology by 2024.

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  • 22.12.2020
  • 120
  • everything-for-business.com
Tesla will enter the S&P 500 index, regardless of criticism

Tesla will join the US benchmark S&P 500 on Monday, giving millions of investors a stake in the electric vehicle maker.

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  • 02.08.2022
  • 206
  • wsj.com
Blackstone is betting on a global travel boom with an Australian resort offering

As Covid-19 cases have declined and international air travel has increased, some resorts are benefiting.

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  • 15.08.2022
  • 147
  • bloomberg.com
Russia shuts down enemies, rewards friends in the latest market reset

Nearly six months after Russia was evicted from much of the world's finances by invading Ukraine, it is going itself, developing a two-tier system divorced from adversaries.

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