On Friday, Singapore’s sovereign wealth fund, GIC stated, it had signed a deal to acquire a logistics real estate portfolio from Apollo Global Management’s affiliates for about $1 billion (950 million euros). “The portfolio comprises of 28 logistics assets across… Read More ›
As per a report from Barron, a financial newspaper, shoemaker Skechers USA Inc is likely to report an earnings growth on par with Nike Inc over the next three years. According to analysts’ estimate, Skechers’ earnings-per-share is likely to rise… Read More ›
On Thursday, Oslo’s statistical agency Statistics Norway (SSB) stated, Norway’s mainland economy, which excludes the volatile oil and shipping sectors, is likely to grow by 2.4% in 2020, up from a 2.2% prediction in September. In a statement, it said… Read More ›
Japan’s Astellas Pharma Inc is set to acquire Audentes Therapeutics Inc for around $3 billion in a deal aimed at boosting genetic medicines – a key area of growth. Gene therapies are one of the hottest areas of drug research…. Read More ›
In an effort to boost the Indian economy, the country’s finance minister Nirmala Sitharaman disclosed, she will unveil a series of infrastructure projects, later this month, as part of a plan to invest $1.39 trillion (100 trillion rupees) in the… Read More ›
On Monday, British Prime Minister Boris Johnson disclosed he has placed further cuts on corporation taxes on hold and he will be pumping in more money into services such as healthcare and made it a central issue in the December… Read More ›
On Wednesday, data from China’s National Bureau of Statistics showed that in July the country’s growth in terms of industrial output touched its 17-year low nadir, a pointer to growing cracks in its economy which comes at a time when… Read More ›
Stockpiling and ramping up operations ahead of Brexit has helped in boosting production levels. As per the results of a survey released on Monday, Irish manufacturing activity grew at an almost identical rate in March compared to February. An increase… Read More ›
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
If all goes well with the potential deal, worth possibly more than $1 billion, an announcement could be made later this month. According to sources familiar with the matter at hand, Principal Financial Group Inc is in advanced talks to… Read More ›
