Business

  • 31.08.2020
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Google to spend $1 billion on new campus in New York

Alphabet Inc’s Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America’s financial capital to expand a...

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  • 31.08.2020
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Pershing Square Holdings plans $300 million buyback

Pershing Square Holdings plans to buy back $300 million worth of its own shares, the company said on Wednesday after Dutch regulators threw up roadblocks that prevented billionaire investor...

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  • 31.08.2020
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Microchip Agrees to Buy Microsemi for $8.35 Billion

Deal continues wave of consolidation in chip industry Cash offer is 7 percent premium on Microsemi’s closing price

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  • 31.08.2020
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Mark Zuckerberg sold Facebook shares for $ 500 million. The money will go to charity

Co-founder and CEO of Facebook Mark Zuckerberg in February 2018 sold 2.7 million shares of its shares in the company for a total of $ 500 million. The businessman will send the money to his...

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  • 31.08.2020
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ArcelorMittal stands by $1 billion Mexico pledge despite trade threats

ArcelorMittal, the world’s largest steelmaker, has not changed its plan to invest $1 billion dollars in a new production line in Mexico, a spokesman said on Friday, despite uncertainty aroun...

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  • 31.08.2020
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French Insurer AXA Agrees to Buy XL Group for $15.3 Billion

Offer for rival is at about 33% premium from Friday’s close Financing to come from cash at hand, U.S. IPO earnings, debt

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  • 31.08.2020
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Sprint Sells $1.5 Billion in First Junk Bond Offering Since 2015

High-yield return is ‘meaningfully positive,’ Moody’s says Outstanding debt was worst performer in index Tuesday

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  • 31.08.2020
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Adani May Sell Stake in Carmichael Coal Mine Amid Funding Delay

Indian company to miss March deadline for financing package Will consider selling stake in project as part of strategy

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  • 31.08.2020
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Burkina Faso Seeks New Partner for $1 Billion Manganese Project

Development of world’s largest manganese mine halted in 2015 Gold production may jump to 55 tons this year, minister says

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  • 31.08.2020
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Newmont Mining poised for growth in gold sector

Newmont Mining Corp laid out plans on Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take th...

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  • 31.08.2020
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Standard Life Aberdeen, Britain's biggest asset manager, sells its insurance business for £3.2 billion

- Standard Life Aberdeen, Britain's biggest asset manager, sells its insurance arm. - The deal, worth £3.2 billion, sees the business sold to specialist insurer Phoenix. - FTSE 250 firm Ph...

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  • 31.08.2020
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SoftBank Vision Fund, Alibaba Lead $1.1 Billion Tokopedia Round

Indonesian online mall is said to be valued at over $7 billion It will use the capital to expand well beyond e-commerce

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  • 31.08.2020
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General Mills moves into pet food with $8 billion Blue Buffalo deal

Cheerios cereal maker General Mills Inc will buy Blue Buffalo Pet Products Inc for nearly $8 billion, foraying into a fast-growing pet food market to counter declining sales of processed foo...

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  • 31.08.2020
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New York's iconic Chrysler Building put up for sale

The Chrysler Building, an Art Deco masterpiece that has been a defining image of New York City’s skyline for decades, has been put up for sale, a minority owner of the building and a broker...

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  • 31.08.2020
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Apollo Global nears deal to buy Arconic for more than $10 billion: WSJ

Apollo Global Management LLC is nearing a deal to buy U.S. aluminum products maker Arconic Inc. for more than $10 billion, the Wall Street Journal reported on Tuesday.

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  • 31.08.2020
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Salesforce in talks to buy ClickSoftware for $1.5 billion: report

Salesforce.com is in talks to acquire U.S.-Israeli software developer ClickSoftware Technologies for around $1.5 billion, the Calcalist financial news website reported on Wednesday.

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  • 31.08.2020
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Viacom will buy Pluto TV streaming service for $340 million

Viacom Inc said on Tuesday it will buy Pluto TV, a free video streaming TV service, for $340 million in cash to expand its advanced advertising business.

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  • 31.08.2020
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Exclusive: Colfax picks Goldman to sell Howden business - sources

Colfax Corp. is pressing ahead with plans to sell its air and gas handling unit Howden as part of a shift to focus on the medical devices industry and has hired Goldman Sachs to handle the p...

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  • 31.08.2020
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Exclusive: Naspers in talks to up stake in Russian classifieds website Avito

South African media and e-commerce Naspers said it was in talks to increase its stake in Avito, confirming a Reuters report that the group was close to taking control of Russia’s largest cla...

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  • 31.08.2020
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Blackstone Buys Wadhawan Unit as India Firm Looks to Cut Debt

Wadhawan Global Capital, parent of an Indian mortgage lender hit by allegations of financial irregularities, sold its stake in another unit to funds managed by Blackstone LP.

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