News

Note: This section contains information in English only.
Wed, 12 Dec 2018 16:44:07 GMT

Conservatives support Theresa May

On Wednesday, as the confidence vote on Theresa May was set to take place between 18:00 and 20:00 GMT, the Prime Minister announced that she has secured at least 185 votes, which are enough to win the vote.

Wed, 12 Dec 2018 16:28:30 GMT

US don't agree with WTO reforms

On Wednesday the US Ambassador to the WTO announced that the proposals to reform the World Trade Organization will not deal with problems identified by the United States.

Wed, 12 Dec 2018 15:52:27 GMT

Stocks open higher on Wednesday

After another red session on Tuesday, on Wednesday US stock market indices opened one percent higher than the previous close. Although, it was still far away from the previous month's average levels.

Wed, 12 Dec 2018 15:52:00 GMT

Conflicting sides reopen airport in Yemen

On Wednesday, the warring parties in Yemen agreed upon reopening Sanaa airport. Moreover, the conflicting sides intend to reopen the city's port.

Wed, 12 Dec 2018 15:24:20 GMT

Jin Jiang-led consortium to acquire remaining stake in Radisson

Jin Jiang International-led consortium signed a deal to acquire the rest of stake in the Swedish hotel chain Radisson Hospitality for $774.3M, it announced on Tuesday.

Wed, 12 Dec 2018 15:18:08 GMT

Shares in Unicaja, Liberbank soar on talks confirmation

On Wednesday, Spain's Liberbank and Unicaja confirmed they had entered talks over a potential merger deal, sending their shares up on the news.

Wed, 12 Dec 2018 14:37:53 GMT

Goldman Sachs takes stake in Hurriyet Emlak

Goldman Sachs, the investment bank, has purchased a minority stake in the Dogan Holding real-estate unit Hurriyet Emlak; however, the takeover deal is still a subject to a competition approval.

Wed, 12 Dec 2018 14:35:13 GMT

CVC launches buy-back bid for Sweden's Ahlsell

CVC Capital Partners is seeking to buy back Sweden's Ahlsell, two years after its initial public offering, valuing the construction tools and products distributor at around $2.65B.

Wed, 12 Dec 2018 13:39:22 GMT

Salini likely to tie up with Italian partners over Astaldi bid

Salini Impregilo, the Italian construction company, could tie up with its Italian partners in a bid or the struggling builder Astaldi, the group's CFO stated.

Wed, 12 Dec 2018 13:35:27 GMT

Apax to acquire NZ's Trade Me Group for $1.8B

Britain's private equity firm Apax is set to acquire Trade Me Group, the New Zealand key online marketplace, in a deal valued at $1.8B, after matching the rival offer.

Wed, 12 Dec 2018 12:10:49 GMT

Famous Brand's GBK closes 14 struggling stores

The British unit of the South African group Famous Brands, Gourmet Burger Kitchen, shut down 14 of its underperforming stores after its creditors had approved the restructuring plan.

Wed, 12 Dec 2018 12:03:05 GMT

EU grants antitrust approval for Qauker's Houghton buy

Quaker Chemical has received the EU antitrust approval to acquire Houghton International, owned by Hinduja Group, saying the deal could trim competition in some of the markets.

Wed, 12 Dec 2018 10:51:09 GMT

Theresa May defies revolt

The Prime Minister of the United Kingdom announced on Wednesday that she will fight for her post. Moreover, the PM issued a warning that a Brexit deal is in peril.

Wed, 12 Dec 2018 10:50:44 GMT

German officials - Airbus staff caused a fatal crash

On Wednesday, German officials announced that a fatal helicopter crash in Mali was caused by an Airbus staff error.

Wed, 12 Dec 2018 10:35:19 GMT

Sainsbury's, Asda want more time for deal competition inquiry

Two British supermarkets Sainsbury's and Asda called for more time to consider and provide all evidence in the launched competition probe into their merger deal.

Wed, 12 Dec 2018 10:02:07 GMT

Shell-Gazprom talks over asset swap are suspended

On Wednesday, the business daily Kommersant reported that negotiations on a potential deal between Gazprom and Royal Dutch Shell to swap assets had been suspended.

Wed, 12 Dec 2018 09:33:02 GMT

Credit Suisse plans up to $1.5B share buy-back

On Wednesday, Credit Suisse announced it would buy back up to $1.51B of shares next year, seeking to raise the dividend by no less than 5% from 2019 onward.

Wed, 12 Dec 2018 09:30:02 GMT

Avianca Brasil filed for Chapter 11 bankruptcy

The fourth-biggest airline of Brazil, Avianca Brasil, has filed for the bankruptcy protection, as the carrier's operations were threatened by a possible aircraft repossession.

Wed, 12 Dec 2018 08:36:25 GMT

L Catterton to acquire hot sauce firm Cholula

The buyout company L Catterton is planning to acquire the privately-owned hot sauce brand Cholula, backed by Mexico's tequila maker Jose Cuervo, seeking to expand its footprint in the US market.

Wed, 12 Dec 2018 08:32:52 GMT

Hande group, Warbourg Pincus to invest $1.0B in China JV

On Wednesday, Hande Group and Warburg Pincus are set to invest $1.0B in the new Chinese joint venture to help it reach the AUM, assets under management of $5.0B during the following three years.

Wed, 12 Dec 2018 07:02:38 GMT

Australia's Sonic Healthcare to acquire Aurora Diagnostics

On Wednesday, Australia's radiology and pathology group Sonic Healthcare stated it would acquire the US-based Aurora Diagnostics in a deal valued at $540M.

Wed, 12 Dec 2018 06:58:26 GMT

Energizer gains EU antitrust approval for Spectrum buy

The US battery producer Energizer Holdings won the European antitrust approval for its bid for Spectrum Brands' portable lighting and battery business worth $2.0B.

Wed, 12 Dec 2018 05:56:02 GMT

Indonesia's Tokopedia raises $1.1B in latest funding round

On Wednesday, Indonesia's e-commerce company Tokopedia announced it had secured $1.1B in its latest round of funding, led by Japan's SoftBank Group and China's e-commerce titan Alibaba Group Holding.

Wed, 12 Dec 2018 05:52:30 GMT

Vale acquires innovator New Steel in $500M deal

Brazilian miner Vale, the world's largest nickel and iron ore producer, signed a $500M worth deal with the investment fund Hankoe FIP to acquire the innovation firm New Steel, with the transaction planned for the next year.

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