News

Note: This section contains information in English only.
Mon, 22 Oct 2018 20:35:46 GMT

Ukraine's Naftogaz to issue up to $1B worth euro bonds

Ukraine's energy business Naftogaz announced plans to issue between $500M and $1B worth of euro bonds by the end of 2018, the company's chairman Andriy Kobolev stated.

Mon, 22 Oct 2018 20:33:17 GMT

Taiwan's export orders expansion slows in September

Taiwan's export orders rose 4.2% year-over-year to $47.86B in September, weakening from the 7.1% rise in the prior month, according to the report by the island's economic authority.

Mon, 22 Oct 2018 19:32:40 GMT

Netflix adds to rising debt pile with $2B bond issue

Netflix announced that it is set to tap debt markets for a second time in 2018 in a bid to raise another $2B, as the streaming video service invests in shows production and content acquisition to fend off competition.

Mon, 22 Oct 2018 19:29:07 GMT

EZ banks see higher funding pressure on QE end

Euro zone's banks anticipate further growth in loan demand in the Q4, but expect that the European Central Bank's policy shift to lead to a deterioration in market conditions, the ECB stated.

Mon, 22 Oct 2018 18:33:27 GMT

Danone bids on healthy eating business to encourage growth

Danone was betting on the expansion into the healthy eating business to produce sales increase, which would beat France's food company's rivals over the next decade.

Mon, 22 Oct 2018 18:30:41 GMT

Ford sees higher costs of metal, hopes on US-China trade issue resolve

Ford Motor saw higher costs of steel and aluminium, fuelled by trade tariffs bite into profit, but was hopeful that the US and China could avoid tensions that could make things costly.

Mon, 22 Oct 2018 15:54:17 GMT

PayPal makes strategic investment into fintech start-up Tala

PayPal Holdings has invested into the fintech company lending to underserved emerging market consumers, Tala, seeking to broaden the start-up's reach and develop its product.

Mon, 22 Oct 2018 15:43:29 GMT

American Railcar plans selling itself for $1.75B

American Railcar Industries, backed by the billionaire investor Carl Icahn, is planning to sell itself in a $1.75B deal with ITE Rail Fund, the company announced on Monday.

Mon, 22 Oct 2018 15:16:06 GMT

EU regulators to decide on Energizer's Spectrum deal by Nov. 27

EU antitrust regulators are set to pass their verdict on the US battery producer Energizer Holdings' $2.0B worth bid to acquire portable and battery lighting business of Spectrum Brands by November 27.

Mon, 22 Oct 2018 15:07:39 GMT

French Connection considers selling itself, looks for bidders

French Connection has entered talks with four parties interested in acquiring the UK clothing retailer, on the back of the company's announcement about considering all strategic options on the firm's future.

Mon, 22 Oct 2018 14:20:04 GMT

CPPIB seeks purchasing £3.0B worth stake in Gatwick Airport

Canada's Pension Plan Investment Board is seeking to acquire a stake worth over £3.0B in Gatwick Airport, according to a Sky news report.

Mon, 22 Oct 2018 14:13:06 GMT

BASF ties up with Nornickel in EV battery push

Germany's BASF teamed up with Russia's miner Norilsk Nickel over a cobalt and nickel supply deal with intention to meet rising demand for the electric vehicle batteries.

Mon, 22 Oct 2018 13:38:15 GMT

Taiwan's CPC strikes first US long-term crude deal

CPC Corp, Taiwan's state oil refiner, has clinched its first long-term agreement to acquire the US crude, the company's official stated on Monday.

Mon, 22 Oct 2018 13:15:23 GMT

Malaysia's Petronas takes 10% stake in Al Khazzan gas field

Malaysia's Petronas subsidiary PC Oman Ventures is planning to purchase a 10% stake in Oman's gas field Al Khazzan, saying that further information of the deal would be provided as soon as possible.

Mon, 22 Oct 2018 11:54:44 GMT

Goldman Sachs chosen to lead CrowdStrike IPO

CrowdStrike, the cybersecurity software developer, has selected Goldman Sachs Group to lead its initial public offering, planned to be launched in the next year's first half.

Mon, 22 Oct 2018 11:54:11 GMT

WorleyParsons to acquire Jacobs' energy unit in $3.3B

Australia's engineering services company WorleyParsons is set to acquire the chemicals, resources and energy business from the US group Jacobs Engineering in a deal valued at $3.3B.

Mon, 22 Oct 2018 11:33:20 GMT

Sony offers no concessions to EU antitrust regulators on EMI bid

Sony Corp has made no concessions to the EU antitrust regulators in its EMI music bid worth $2.3B, as the company seeks to become the largest music publisher in the world.

Mon, 22 Oct 2018 11:26:51 GMT

Calsonic to acquire Megneti Marelli in $7.1B deal

The Japanese KKR-backed auto parts manufacturer Calsonic Kansei has agreed to acquire Fiat Chrysler's high-tech car parts maker Magneti Marelli in a deal worth $7.1B.

Mon, 22 Oct 2018 10:16:44 GMT

Kazatomprom confirms depository receipts listing in London's IPO

Kazatomprom, the world's largest uranium miner, has confirmed this Monday its plans to launch the initial public offering on the London, seeking to list its global depository receipts.

Mon, 22 Oct 2018 10:10:30 GMT

Blackstone to acquire Ulterra in $700M deal

Blackstone Group is set to acquire the oil and gas services firm Ulterra Drilling Technologies in a deal valued at about $700M, sources with the knowledge of the situation reported.

Mon, 22 Oct 2018 09:09:38 GMT

Philips shares fall due to weak core profit results

Shares of Philips, the Dutch healthcare technology firm, plunged as much as 6.3% to €32.55 on Monday, as the company missed forecasts for its Q3 core earnings.

Mon, 22 Oct 2018 09:04:35 GMT

Ryanair plans to conclude labour unit issues by Christmas

On Monday, Ryanair stated it was expecting the union labour issues to be concluded by Christmas that could end flight disruptions, which had a negative impact on the company's shares.

Mon, 22 Oct 2018 08:24:00 GMT

China condemns US withdrawal from INF Treaty

The Foreign Ministry Spokeswoman Hua Chunying said on Monday that China condemns decision of the US government to unilaterally withdraw from the Intermediate-Range Nuclear Forces (INF) Treaty.

Mon, 22 Oct 2018 08:14:42 GMT

Saudi promises to distinguish oil from politics

The Energy Minister of Saudi Arabia Khalid al-Falih stated on Monday that the government has no desire to impose 1970s-like embargo on Western partners and promised to do everything to separate oil supplies from politics.

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