World news

  • 31.08.2020
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AmRest Invests in Spanish Delivery Startup Glovo

Spanish startup Glovo aiming to raise about $135 million Company offers consumers app to deliver food and local goods

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  • 31.08.2020
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JPMorgan Chase invests in artificial intelligence startup Volley

JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to help large enterprises automatically generate training c...

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  • 31.08.2020
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China Southern Invests $1.5 Billion in Xi Jinping's Dream City

Airline operator will put 2.5 billion yuan cash in project Tangible asset investment will amount to 7.5 billion yuan

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  • 31.08.2020
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A company from California bought an abandoned Intel complex for mining

The purchase cost the Californian company $ 13 million

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  • 31.08.2020
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Qatar to buy New York's Plaza Hotel for $600 million: source

The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York’s most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U...

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  • 31.08.2020
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ADM to buy French animal nutrition business Neovia for $1.8 billion

Archer Daniels Midland Company is in exclusive talks to take over French animal feed business Neovia for 1.5 billion euros ($1.8 billion) as part of the U.S. farm giant’s strategy to expand...

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  • 31.08.2020
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Lyft Buys Company Behind Citi Bike, Joining Bike-Rental Business

Ride-hailing company Lyft Inc. said it’s purchasing Motivate, the operator of Citi Bike in New York City and other bike-rental programs in major U.S. cities.

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  • 31.08.2020
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CK to Buy Veon Out of Italy Telecom Venture for $2.9 Billion

Veon, formerly known as Vimpelcom, to sell 50% stake Deal is latest major purchase in two months by CK Chairman Li

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  • 31.08.2020
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The owner of Kyivstar sells Italian business to its partner for 2.45 billion euros

Holding VEON will sell CK Hutchison Holdings Ltd 50% in their joint Italian business Wind Tre

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  • 31.08.2020
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Russian banks will receive almost 50% of the largest Croatian retailer

Sberbank and VTB will receive almost half of the largest private Croatian company, the food retailer Agrokor, lent to them, in exchange for writing off part of the debt. The Croatian company...

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  • 31.08.2020
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Paypal to spend $3 billion a year on M&A: CEO to German paper

PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company’s biggest...

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  • 31.08.2020
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Boeing will team up with the Brazilian Embraer

The American corporation Boeing and the Brazilian aircraft construction concern Embraer signed on July 4, 2018 an agreement on the establishment of a joint venture in the field of civil avia...

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  • 31.08.2020
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Billionaire Dangote will build one of the world's largest refineries in Nigeria worth $ 10 billion

The richest man in Africa, billionaire Aliko Dangote, plans to build one of the world's largest refineries in Nigeria by 2020, the project cost is estimated at $ 10 billion, reports Bloomber...

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  • 31.08.2020
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Chinese Tycoon to Buy Irish Plane Lessor for About $2.8 Billion

Cheng’s jewelry-to-property empire boosting aviation business Initial public offering for jet leasing unit is in the cards

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  • 31.08.2020
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Panasonic plans to halve cobalt content of car batteries in two-three years

Panasonic Corp plans to halve the cobalt content of its mass-produced automotive batteries “in two to three years”, an executive at the Japanese conglomerate said on Thursday, as battery mak...

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  • 31.08.2020
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BlackRock plans its largest ever alternative investment fundraiser

BlackRock Inc is planning to raise $3.5 billion for investments in energy infrastructure in what is poised to be its largest alternative investment fund yet, an executive at the world’s larg...

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  • 31.08.2020
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France's La Poste plans to buy stake in insurer CNP Assurances: source

France’s La Poste is planning to buy the stake in insurer CNP Assurances held by state-owned investment fund Caisse des Depots though the details of the deal are not yet finalised, a source...

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  • 31.08.2020
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The founder of Amazon became the richest man in history

The size of Jeff Bezos's fortune by $ 55 billion exceeded Bill Gates's record for inflation.

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  • 31.08.2020
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Warren Buffett donates $3.4 billion to Gates' and family charities

Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire’s largest contribution in his longstanding plan to give away his fortune.

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  • 31.08.2020
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Linde sells assets for $3.3 billion to help get Praxair deal cleared

Linde is raising $3.3 billion from selling North and South American assets to a consortium of German gases firm Messer and buyout group CVC as it seeks clearance for a planned $87 billion me...

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