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 ›
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 ›
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 ›
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 ›
The contract is for the supply of AH-64E Apache attack helicopters.
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 ›
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 ›
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 ›
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 ›
Although CEOs in the private sector have more confidence in addressing threats from the internet, they are however ill-prepared to do so, states a report from PwC. A report prepared by Pricewaterhouse Coopers states that although the CEOs of… Read More ›
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