The move is aimed at increasing the liquidity during the 2019-2020 winter low cash period. On Monday, Thomas Cook Plc stated, it was holding advanced talks with noteholders for a $180.68 million (150 million) pound cash injection into the company…. Read More ›
BlackRock’s new private equity fund invested made its maiden investment in Authentic Brands and emerged as its single largest investor. In a significant development, BlackRock Inc’s new private equity fund – Long Term Private Capital (LTPC) – has completed its… Read More ›
The acquisition makes sense for AMS since it sees synergy with Osram sensor solutions and photonics businesses especially in the emerging self-driving market. Austrian sensor specialist AMS’ offer to acquire Germany’s Osram has trigerred a bidding war for the German… Read More ›
The move is part of a broader plan to modernize the compliance regime. In a significant development, the U.S. Securities and Exchange Commission has proposed changes to rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory… Read More ›
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
Bayer’s strategic could potentially significantly reduce headwinds revolving around lawsuits stemming from Monsanto’s glyphosate-based weedkiller – Roundup. On Friday, shares of Bayer surged by 11% following a report from Bloomberg that it has proposed to pay $8 billion in order… Read More ›
From October 1, 2019 onwards energy prices in Britain are set to fall following a drop in wholesale power and gas prices. On Wednesday, in a significant development Britain’s energy regulator informed suppliers that they should lower their price cap… Read More ›
This was the second such robbery in the same branch, with the robbers walking away after having filled a backpack with 1,567 centenarios worth $2.5 million. According to Mexican security officials, armed robbers have managed to break in to a… Read More ›
On August 6, 2019, China had stated it would stop importing U.S. agricultural products. It now plans on lifting import restrictions on a limited number of items. On Wednesday, China’s Ministry of Commerce stated, it plans on removing import tariffs… Read More ›
A trade deal with the United States, located in another continents, is likely to be more expensive than one with its neighbor across the pool. On Wednesday, British Foreign Secretary Dominic Raab praised U.S. President Donald Trump and mentioned that… Read More ›
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