Until Theresa May agrees to settle Britain’s financial commitments to the bloc, European Union officials are ruling out any discussions with U.K. Prime Minister Theresa May over a post-Brexit trade deal. In the best-case scenario it may take until early… Read More ›
Month: March 2017
Thai Oil Giants Hunt For Investments And Are Armed With $11 Billion
Nearly $11 billion combined in cash and marketable securities, such as bonds and other short-term investments are lying with Thailand’s PTT Exploration & Production Pcl and its parent company. And according to Chief Executive Officer Somporn Vongvuthipornchai, in order to rescue… Read More ›
Unilever could potentially divest its food brands: Sources
There have been several reports by leading news reporters which increase the probability of this 6 billion pound divesture. British newspapers have reported that Unilever is preparing a $7.44 billion (6 billion pound) sale of some it’s some of its… Read More ›
Netmarble Games likely to come out with $2.35 billion IPO this April
This will be South Korea’s 2nd largest ever IPO beating even Samsung BioLogics Co Ltd’s 2.25 trillion won IPO of 2016. In what is stated to be South Korea’s second largest ever listing, mobile game manufacturer, Netmarble Games Corp has… Read More ›
MoneyGram offers to acquire Euronet Worldwide for $1 billion
In January, China’s Ant Financial Services Group had bid $13.25, in a cash deal for Euronet Worldwide, whereas MoneyGram has offered $15.20 for Euronet. Ant Financial Services has now four days to revise its offer. Sources familiar with the matter… Read More ›
Boeing signs $3.4 billion contract with U.S. government for Apache attack helicopters
The contract is for the supply of AH-64E Apache attack helicopters.
Demand for BAT’s smokeless tobacco ‘glo’ exceeds supply
Earlier this month, BAT had to more than double the supply of its tobacco device to quench local demand and still that wasn’t enough. British American Tobacco (BAT) has stated that the demand for its “glo” tobacco heating device has… Read More ›
Peabody’s bankruptcy plan will largely benefit select few
Oddly Peabody’s bankruptcy comes at a time when the Donald Trump Administration is giving the fossil fuel industry the go ahead. The world’s largest private sector coal producer, Peabody Energy Corp, has disclosed that it expects to file bankruptcy under… Read More ›
The Beijing-Seoul Fallout Will Benefit These Counties
As China uses its considerable soft power to push its neighbors when it feels national interests are threatened, geopolitical tensions in East Asia have escalated in the last year. And according to analysts, to turn their fortunes around, now those countries… Read More ›
$65 Bln In Deals Eyed By China And Saudi Arabia As The Saudi King Visits
As the world’s largest oil exporter looks to cement ties with the world’s second-largest economy, Saudi Arabia’s King Salman oversaw the signing of deals worth potentially $65 billion on the first day of a visit to Beijing. Embarked on a… Read More ›