World news

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31.08.2020
3234
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Saudi Aramco aims to buy controlling stake in SABIC: sources

Saudi Aramco aims to buy a controlling stake in petrochemical maker SABIC, possibly taking the entire 70 percent stake owned by Saudi Arabia’s sovereign wealth fund, two sources familiar wit...

31.08.2020
1335
everything-for-business.com

Atos to buy Syntel for about $3.57 billion

French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sun...

31.08.2020
1404
everything-for-business.com

China's Silk Road Fund to Buy 24% of U.A.E. Solar Thermal Plant

China’s Silk Road Fund will acquire a 24.01 percent interest in the world’s largest single-site solar thermal plant, which is being built in the United Arab Emirates.

31.08.2020
1420
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Exclusive: Occidental Petroleum explores sale of pipeline assets - sources

Occidental Petroleum Corp is exploring a sale of its pipeline assets, hoping to fetch more than $5 billion and free up capital to invest in exploration and production as oil prices rebound,...

31.08.2020
1339
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China Pledges $14.7 Billion in Investments to South Africa

Eskom, Transnet both secure financing from Chinese banks Rand gains as much as 1.2 percent on news of investment pledge

31.08.2020
1967
everything-for-business.com

Ford will invest $ 4 billion in the business of creating unmanned vehicles

The American automaker announced the creation of a new division of Ford Autonomous Vehicles, which will specialize in the production of unmanned vehicles

31.08.2020
3993
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Company Trump will send $ 197 million in the construction of the Scottish Aberdeen

The Trump Organization plans to build residential houses, hotel cottages and other real estate in a port city in the north-east of Scotland

31.08.2020
2066
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Chinese chip maker Tsinghua Unigroup swallowed Linxens for $ 2.6 billion

The manufacturer of microprocessors from China has acquired its French competitor from the investment company CVC

31.08.2020
1394
everything-for-business.com

Chesapeake Energy plans to sell Utica shale stake for $2 billion

Chesapeake Energy Corp plans to sell all of its Ohio natural gas acreage to privately owned Encino Acquisition Partners for about $2 billion, the company said on Thursday.

31.08.2020
1571
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Tesla explores building Gigafactory in Europe: Wall Street Journal

Tesla Inc is in talks with authorities in Germany and the Netherlands to build its first major European factory, the Wall Street Journal reported on Monday, citing officials involved in the...

31.08.2020
1987
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BMW to build 1 billion euro car factory in Hungary

BMW said it is investing 1 billion euros ($1.17 bln) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a center...

31.08.2020
1373
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US Foods to buy SGA's Food Group for $1.8 billion

Food distribution company US Foods Holding Corp said on Monday it would buy SGA’s Food Group of Cos for $1.8 billion in cash and reported disappointing second-quarter sales, sending its shar...

31.08.2020
2964
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Brookfield to buy Forest City Realty Trust in $11.4 billion deal

Brookfield Asset Management Inc said on Tuesday it would buy Forest City Realty Trust Inc in a deal valued at $11.4 billion, including debt, months after Forest City ceded board control to a...

31.08.2020
3836
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The land above Beverly Hills is sold for $ 1 billion

The plot of land located over Beverly Hills is recognized as the most expensive real estate object in the history of Los Angeles

31.08.2020
1058
everything-for-business.com

Apple hits $1 trillion stock market valuation

Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in person...

31.08.2020
2145
everything-for-business.com

Cisco to buy cyber-security company Duo for $2.35 billion

Cisco Systems Inc said on Thursday it would buy Duo Security, a venture capital-backed cyber security company, for $2.35 billion in cash, as it seeks to expand its offerings in cloud computi...

31.08.2020
2983
everything-for-business.com

China's Didi to invest $1 billion in its auto services platform

Didi Chuxing Technology, China’s largest ride-hailing service, said on Monday it will invest $1 billion in its auto services business, part of a larger unit rebranding as the company ramps u...