GEMS postpones London IPO worth multibillion dollars

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Source: Dukascopy Bank SA
The Blackstone-backed education firm GEMS has postponed its initial public offering in London, following Dubai authorities' decision to freeze its tuition fees, sources reported.
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Wed, 11 Jul 2018 12:37:44 GMT

Juneyao Airlines makes $1.9B investment for stake in China Eastern

Juneyao Airlines has invested $1.9B together with its parent for a nearly 5% stake in the state-controlled China Eastern Airlines, adding it is in line with China's policy.

Wed, 11 Jul 2018 11:38:09 GMT

Sainsbury's appoints Scicluna as its new Chairman

The British second biggest supermarket chain, Sainsbury's has appointed Martin Scicluna as the group's next chairman ahead of its $9.69B acquisition deal with rival Asda.

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