World news

  • 31.08.2020
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New York's iconic Chrysler Building put up for sale

The Chrysler Building, an Art Deco masterpiece that has been a defining image of New York City’s skyline for decades, has been put up for sale, a minority owner of the building and a broker...

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  • 31.08.2020
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CapitaLand bets on new markets with $4.4 billion Temasek real estate deal

Singapore’s CapitaLand is forking out S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal the developer said would create Asia’s lar...

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  • 31.08.2020
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Phillips 66 to buy back 35 mln shares from Berkshire Hathaway

Phillips 66 said it will buy back shares worth $3.28 billion from a Berkshire Hathaway subsidiary, in a transaction that could ease regulatory pressure for Berkshire, the conglomerate run by...

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  • 31.08.2020
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Danone to Sell Stake in Japan's Yakult for $1.8 Billion

French company to remain biggest shareholder with 7% stake Yogurt maker had earlier sought to increase Yakult holding

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  • 31.08.2020
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GE moves to sell part of overseas lighting business

U.S. industrial conglomerate General Electric (GE.N) has reached a deal to sell parts of its overseas lighting business to a company controlled by former executive Joerg Bauer for an undiscl...

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  • 31.08.2020
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Britain's Burberry pairs up with Farfetch in online push

Burberry will team up with online retailer Farfetch to make all of its products available to internet shoppers in 150 countries, the British fashion company said on Thursday.

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  • 31.08.2020
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India's Reliance, global tech firms to invest $9.3 billion in industrial area

India’s Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of M...

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  • 31.08.2020
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Roche to buy Flatiron Health for $1.9 billion to expand cancer care portfolio

Swiss drugmaker Roche Holding AG said on Thursday it would buy the rest of U.S. cancer data company Flatiron Health for $1.9 billion to speed development of cancer medicines and support its...

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  • 31.08.2020
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The king of square meters: what is known the new president of Blackstone

Billionaire John Gray built a $ 115 billion real estate management business in Blackstone, and is now appointed president of the investment company

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  • 31.08.2020
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Newmont Mining poised for growth in gold sector

Newmont Mining Corp laid out plans on Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take th...

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  • 31.08.2020
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Tesla to buy battery tech maker Maxwell Technologies for $218 million

Tesla Inc is buying Maxwell Technologies Inc for $218 million in an all-stock deal that will help the electric car maker beef up its battery technology at a time when it is ramping up produc...

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  • 31.08.2020
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Deutsche Bank to cut at least 250 investment banking jobs -source

Deutsche Bank is cutting at least 250 investment banking jobs in locations including London and the United States, a person familiar with the matter told Reuters, adding that the figure coul...

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How a U.S. coal deal warmed Ukraine's ties with Trump

For the first time in Ukraine’s history, U.S. anthracite is helping to keep the lights on and the heating going this winter following a deal that has also helped to warm Kiev’s relations wit...

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  • 31.08.2020
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Albertsons to buy Rite Aid as Amazon threat looms

U.S. grocer Albertsons Cos Inc said it would buy drug store chain Rite Aid Corp (RAD.N) to create a company with $83 billion in annual revenue, giving it more clout to compete with bigger ch...

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  • 31.08.2020
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Sprint Sells $1.5 Billion in First Junk Bond Offering Since 2015

High-yield return is ‘meaningfully positive,’ Moody’s says Outstanding debt was worst performer in index Tuesday

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U.S. Intel plans $5 billion investment in Israeli plant: minister

Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmake...

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Daimler to invest 2.6 billion euros in trucks division by 2019

Daimler said it will invest 2.6 billion euros ($3.2 billion) in research and development at its trucks division by 2019, as part of a broader effort to mass produce electric heavy-duty comme...

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Burkina Faso Seeks New Partner for $1 Billion Manganese Project

Development of world’s largest manganese mine halted in 2015 Gold production may jump to 55 tons this year, minister says

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  • 31.08.2020
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Billionaire investor Warren Buffett to retire from Kraft Heinz board

Kraft Heinz Co said on Friday billionaire investor Warren Buffett has decided to retire from the company’s board following the end of his term in April to reduce travel commitments.

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  • 31.08.2020
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Apollo Global nears deal to buy Arconic for more than $10 billion: WSJ

Apollo Global Management LLC is nearing a deal to buy U.S. aluminum products maker Arconic Inc. for more than $10 billion, the Wall Street Journal reported on Tuesday.

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