Ele.me to spend $442M on subsidies, marketing

Source: Dukascopy Bank SA
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The Chinese food delivery company Ele.me, which is owned by Alibaba Group Holding Ltd, plans to spend around $442M on subsidies and marketing to fight against the fierce competition.
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Tue, 24 Jul 2018 06:34:05 GMT

Italy's Amplifon to acquire Gaes Group in $617M cash-deal

Amplifon SpA, Italy's hearing aid maker, stated on Tuesday it had agreed to acquire the privately-held peer GAES Group in a $616.6M cash-deal, seeking to become a leader in Spain, entering new markets.

Tue, 24 Jul 2018 04:52:57 GMT

Malaysia Airlines seeks loan for jet purchase

Malaysia Airlines Bhd was communicating with banks to obtain financing for the purchase of nine Boeing 737 MAX planes, as reported by Reuters on Tuesday. 

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