News

Note: This section contains information in English only.
Thu, 13 Sep 2018 14:25:55 GMT

Eni denies being involved in talks over Alitalia

On Thursday, Italy's energy group Eni has denied any involvement in talks regarding the loss-making carrier Alitalia, after the report published by the financial newspaper Il Sole 24 Ore.

Thu, 13 Sep 2018 13:39:19 GMT

Lactalis sees Aspen's takeover to bolster its overseas presence

Lactalis, France's privately-owned dairy group, is expecting its takeover of the Aspen global infant formula unit to boost the company's overseas presence.

Thu, 13 Sep 2018 13:34:59 GMT

Singapore's ST Engineering to purchase planes part maker

On Thursday, Singapore Technologies Engineering stated it would buy MRA Systems, the aircraft part maker, from General Electric in a $360M deal.

Thu, 13 Sep 2018 12:38:17 GMT

US Black Mountain to acquire Australia's nickel project

Black Mountain, the US private equity group, will acquire the Australian nickel project, on the back of the rising demand for the electric vehicles in the market.

Thu, 13 Sep 2018 12:35:21 GMT

Online furniture retailer Westwing plans listing in Frankfurt

The EU online furniture site Westwing, backed by Germany's investor Rocket Internet, is planning to attract about $139M in the Frankfurt initial public offering.

Thu, 13 Sep 2018 10:55:45 GMT

Takeda considers Shire's unit sale to cut debt

Japan's Takeda Pharmaceuticals is weighing a sale of Shire's eye care business unit, right after closing a $62B purchase of the British drugmaker, as it seeks to reduce the debt raised to finance the deal.

Thu, 13 Sep 2018 10:53:40 GMT

Vietnam PM calls on Carlsberg to build stake in Habeco

The Vietnamese Prime Minister has urged the Danish brewer Carlsberg to lift its 17% stake in the country's beermaker Habeco with intention to enhance the privatisation of state assets.

Thu, 13 Sep 2018 10:08:42 GMT

Ryanair crews will strike

The cabin crews of Ryanair are planning to strike in at least five countries on September 28, a union representative revealed on Thursday.

Thu, 13 Sep 2018 10:08:27 GMT

EU parliament wants to sanction Hungary

The European Parliament on Wednesday voted to sanction Hungary because of a combination of various cases, in which the country refused to comply.

Thu, 13 Sep 2018 09:38:43 GMT

Daimler acquires 20% stake in VW's Heycar used-vehicle service

Germany's Daimler has acquired a 20% stake in Volkswagen's used-vehicle platform Heycar, its rival carmaker announced on Thursday.

Thu, 13 Sep 2018 09:36:39 GMT

L&G signs $5.7B worth pension deal with British Airways

UK's Legal & General has closed a deal on Thursday to insure $5.73B of the historic pension liabilities of British Airways.

Thu, 13 Sep 2018 08:22:54 GMT

Canada's miner New Gold looks at selling itself

Canada's New Gold is considering a sale as the miner is facing operating challenges and rising development costs at its newly-built mine, sources familiar with the matter reported.

Thu, 13 Sep 2018 07:54:10 GMT

Natixis to sell finance businesses to parent bank

On Wednesday, France's Natixis stated it would sell a couple of specialised finance business lines to BPCE, the French cooperative lender and its owner, in a deal worth $3.1B.

Thu, 13 Sep 2018 06:58:03 GMT

Sky shareholders to decide on Comcast bid until October 6

Comcast Corp stated on Wednesday that the Sky shareholders would consider the bid from the US cable giant worth £14.75 per share until October 6.

Thu, 13 Sep 2018 06:53:14 GMT

HG Vora raises stake in Caesars, seeks sale or divestiture

HG Vora Capital Management has built a 4.9% stake in Caesars Entertainment, as the hedge fund seeks to push the US casino operator for divestitures or a sale of the company.

Thu, 13 Sep 2018 06:35:03 GMT

China's Meituan attracts $4.2B in IPO priced nearly at top of range

Meituan Dianping, China's online food delivery company, has raised $4.2B in the world's largest internet-focused initial public offering in four years, pricing the float nearly at the top of indicative range.

Thu, 13 Sep 2018 06:28:25 GMT

Nordea, DNB agree to sell Luminor's stake to Blackstone

DNB and Nordea announced on Thursday they had agreed on a sale of 60% stake in the Baltic bank Luminor to Blackstone's private equity consortium in a deal valued at $1.16B.

Thu, 13 Sep 2018 04:55:52 GMT

Mexico CB Governor sees inflation at 3% in H1 of 2020

Alejandro Diaz de Leon, the Governor of the Mexico Central Bank, stated that he anticipates inflation to be close to the bank's target of 3% in the 2020 first half.

Thu, 13 Sep 2018 04:55:39 GMT

Adobe considers buying Marketo

Adobe Systems, the image-editing software maker, was in talks to buy Marketo, a cloud-based marketing software firm, according to sources familiar with the matter.

Thu, 13 Sep 2018 04:01:07 GMT

UK government, Barclays launch £1B house-building fund

The British government and Barclays launched a fund to secure up to £1B in finance to small house-builders, aiming to tackle England's housing shortage.

Thu, 13 Sep 2018 03:54:23 GMT

Japanese manufacturers' mood slides due to trade tensions

Confidence among Japan's manufacturers slipped in the month of September from seven-month high seen in August, a Reuters poll revealed, a sign that the trade war between Beijing and Washington kept exporters on edge.

Thu, 13 Sep 2018 03:04:25 GMT

British house prices steady in August

The RICS stated that house prices in London dropped last month at the fastest pace five months, though with relatively strong rise away from the South of England, indicating a broadly flat prospect overall.

Thu, 13 Sep 2018 02:55:16 GMT

Japan booming machinery orders indicate accelerating growth, capex

Japanese core machinery orders firmly exceeded forecasts in July, bouncing back from the prior month's drop and firming up the view that capex would continue to expand and boost economic growth.

Thu, 13 Sep 2018 02:36:34 GMT

Oil prices drop, as economic concerns confront tightening supplies

Oil prices decreased on Thursday, reversing strong gains from the prior session, with economic concerns raising doubts over the ongoing growth in fuel demand.

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