VW seeks JV with China's Didi to manage its car fleet

Source: Dukascopy Bank SA
Volkswagen is considering to establish a joint venture with the Chinese ride-hailing firm Didi Chuxing, as it seeks to manage a part of its car fleet and co-develop self-driving vehicles.
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Mon, 30 Apr 2018 12:21:38 GMT

ExxonMobil to acquire Indonesia's FKT for $436M

ExxonMobil agreed to buy Indonesia's motorcycle lubricant producer PT Federal Karyatama in a $436M deal, the maker's parent PT Mitra Pinasthika Mustika announced on Monday.

Mon, 30 Apr 2018 11:39:39 GMT

Britain's Aviva set to pay nearly $20M over preference shares

Aviva, the British insurer, stated it was set to pay up to $19.25M to compensate its preferenc4e shares' holders, who had sold out before the firm backed down on the plan to cancel them.

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