ChemChina, Syngenta Group’s owner, aims to raise around $10 billion (65 billion yuan) through an IPO for the Swiss agrichemical giant on Shanghai’s STAR Market, said sources. Syngenta is likely to post the prospectus for the upcoming IPO later today… Read More ›
Creativity
Deutsche Boerse acquires two-thirds stake in Swiss fintech Crypto Finance
In a statement German stock exchange operator Deutsche Boerse said, it is in the process of acquiring a two-thirds stake in Swiss fintech Crypto Finance, in a move aimed at expanding its offering for digital assets. Deutsche Boerse did not… Read More ›
Britain publishes carbon permits for aircraft operators from 2021-2025
In a statement the British government said, it has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under its domestic emissions trading system (ETS). The ETS is a method of… Read More ›
Private equity firm Bridgepoint plans London listing
In a statement private equity firm Bridgepoint said, it plans to raise $416 million (300 million pounds) through an IPO to help funds its growth and repay debt. The decision for a listing on the London Stock Exchange comes in… Read More ›
Washington eyeing stable, profitable relation with Moscow
In an interview to Italian daily La Repubblica, US Secretary of State Antony Blinken said, Washington hopes for a more stable and profitable relationship with Moscow, however, if the latter continues to “attack”, Washington will be forced to respond. “If… Read More ›
Germany aims to ban British travelers from EU citing widespread incidents of COVID-19’s Delta variant in UK
On Monday, a report from The Times said, Germany will attempt to ban British travellers from the European Union regardless of their COVID-19 vaccine status. Given that the Delta variant of the Coronavirus-induced COVID-19 is widespread in Britain, German chancellor… Read More ›
Visa eyeing acquisition of European open banking platform Tink
In a statement Visa Inc said, it had agreed to a $2.2 billion (1.8 billion euro) takeover of European open banking platform Tink. Founded in 2012, Sweden-based Tink is an open banking platform that enables banks and other financial institutions to… Read More ›
Formats other than EU-Russia summit will be explored: German Chancellor Angela Merkel
Leaders from the European Union failed to agree on a proposal led by France and Germany to hold a summit with Russian President Vladimir Putin. Baltic countries along with Poland opposed the move saying it would send the wrong message…. Read More ›
Honda Depending On New Civic Hatchback For Developing More Efficient Cars
Japan’s Honda Motor Co is hopeful that its all-new model – that of its latest Civic hatchback designs, will turn out to become the foundation for the company to develop and build cars more efficiently. The Civic hatchback designs were… Read More ›
China Evergrande to repay $1.75 billion on Monday
In a statement China’s most indebted property developer said, it had arranged $1.75 billion (HK$13.6 billion) to repay bonds which will mature on Monday; it also aims to repay interest on all other dollar bonds. On Thursday, the company said,… Read More ›