According to five sources, China has temporarily blocked the planned cross-border listings between the London and Shanghai stock exchanges due to political tensions with Britain. The suspension of the Shanghai-London Stock Connect scheme has cast a shadow over the future… Read More ›
On Tuesday, in a statement the Turkish Airlines and Boeing stated, they have come to an agreement on the compensation that will be paid to the former as a result of losses incurred by it due to the grounding and… Read More ›
Mark Hemsley, President of Cboe Europe, would be retiring from the company at the end of February. Howson has been named as his successor. On Friday, stock exchange holding company Cboe Global Markets stated, Mark Hemsley, President of Cboe Europe,… Read More ›
Jollibee Foods Corp is the biggest fastfood chain in the Philippines. On Wednesday, Philippines’ Jollibee Foods Corp stated it is in the process of acquiring Coffee Bean & Tea Leaf, a U.S. brand, for $100 million. In a financial disclosure… Read More ›
Thyssenkrupp’s CEO Guido Kerkhoff prefers that its Elevator Technology business be listed on a stock exchange. According to two sources familiar with the matter at hand, Thyssenkrupp’s supervisory board has left provisions open for a potential sale of its elevator… Read More ›
Having purchased substantially in the first half of the month, foreign investors turned net sellers once the Trump Administration raised the ante, escalating the trade dispute into a potential trade war against Chinese imports to the U.S. aimed at balancing… Read More ›
Samsonite, the world’s biggest luggage maker, has been accused of indulging in questionable accounting practices and poor corporate governance. On Monday, following the accusation of a short seller that Samsonite has been party to poor corporate governance and had engaged… Read More ›
Theodor Weimer has however ruled out any mega deals. Deutsche Boerse’s new CEO, Theodor Weimer, who took office since the start of 2018, essentially told shareholders that he is on the lookout for future acquisitions and that it is one… Read More ›
Avast’s share offering is slated to be one of the biggest tech IPOs to hit Britain. On Wednesday, Avast stated it has reduced reduced its price expectations for its landmark initial public offering (IPO) to 250-270 pence a share, down… Read More ›
The actual price that China Aircraft Leasing Group Holdings Ltd will pay however be lower than the aggregate list price of $5.42 billion, since it is a common practice in the aircraft industry to provide concessions to buyers. On Friday,… Read More ›
