Recent Posts - page 421

• China Warns Of Sanctions On US Firms Over Arms Sale To Taiwan

  By admin2 on October 27, 2020 • ( 0 )

  

  American companies including Lockheed Martin, Boeing, and Raytheon will be sanctioned by China over the companies being engaged in selling weapons to Taiwan. The United States was urged to stop selling arms to the self-governed island of Taiwan and to… Read More ›

• Europe’s biggest bank by asset, HSBC accelerates restructuring plan after posting 35% drop in Q3 profits

  By admin1 on October 27, 2020 • ( 0 )

  

  On Tuesday, in a statement HSBC Holdings PLC said, it plans on accelerating its restructuring plans after it posted a 35% drop in quarterly profits and flagged an easing in its provisions for bad debts citing an expected improvements in the… Read More ›

• European Commission clears regulatory approval for LVMH’s $16 billion acquisition of Tiffany & Co.

  By admin1 on October 27, 2020 • ( 0 )

  

  In a statement, U.S. jeweler Tiffany & Co stated, it has received all required regulatory approvals for the completion of a $16 billion (12.29 billion pounds) acquisition by French luxury goods group LVMH, The approval from the European competition comes… Read More ›

• U.S. State Dept approves $2.37 coastal defense systems to Taiwan: Pentagon

  By admin1 on October 27, 2020 • ( 0 )

  

  In a statement the Pentagon said, the State Department has approved the potential sale of 100 Harpoon Coastal Defense Systems to Taiwan, in a deal worth up to $2.37 billion. The development comes days after the State Department approved the… Read More ›

• Ant Group set to close $17.2 billion Hong Kong and Shanghai institutional offer 1 day ahead of schedule

  By admin1 on October 27, 2020 • ( 0 )

  

  According to two sources with direct knowledge of the matter at hand, China’s Ant Group is set to close its Hong Kong institutional book building a day ahead of schedule, as it races to raise $17.2 billion from the city…. Read More ›

• Chevron’s Middleastern pivot central to its energy strategy

  By admin1 on October 26, 2020 • ( 0 )

  

  In a significant development, U.S. oil giant Chevron Corp is staking its natural gas future on the Middle East, a typically volatile region where energy majors have long tread warily. Chevron’s CEO Michael Wirth’s Middle Eastern pivot underpins a bet that… Read More ›

• Buyout giant Carlyle Group Inc close to purchasing Siemen’s mechanical drive arm Flender for $2.37 billion

  By admin1 on October 26, 2020 • ( 0 )

  

  According to a report from Bloomberg News, U.S. buyout group Carlyle Group Inc is closing in on a deal to acquire Siemens AG’s mechanical drive arm Flender for around $2.37 billion (2 billion euros). A deal could potentially be announced later this… Read More ›

• Dunkin’ Brands Group Inc in early negotiations to sell itself to Inspire Brands

  By admin1 on October 26, 2020 • ( 0 )

  

  In a statement Baskin Robbins chains owner Dunkin’ Brands Group Inc said, it has held preliminary discussions with private equity-backed restaurant company Inspire Brands. “There is no certainty that any agreement will be reached,” said Karen Raskopf, Chief Communications Officer of… Read More ›

• Blackstone acquires Simply Self Storage from Brookfield Asset Management Inc for $1.2 billion

  By admin1 on October 26, 2020 • ( 0 )

  

  Late on Sunday, a spokeswoman for Blackstone Group Inc said, the asset manager has reached an agreement to acquire Simply Self Storage from Canada’s Brookfield Asset Management Inc for around $1.2 billion. The news confirms an earlier report from the Wall… Read More ›

• 200 Drink Brands To Be Discontinued By Coca Cola

  By admin2 on October 24, 2020 • ( 0 )

  

  Almost half of its current portfolio of brand is to be cancelled by Coca Cola. Some beloved but out dated drinks such as Tab, Zico and Odwalla would be discontinued by it, the beverage giant had already announced. But earlier… Read More ›

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