World news

  • 31.08.2020
  • 3174
  • everything-for-business.com
Buffett proposed to invest $3 billion in Uber, but talks failed: Bloomberg

Billionaire Warren Buffett had proposed to invest $3 billion in Uber Technologies Inc earlier this year, but the talks failed following disagreements over the deal’s terms, Bloomberg reporte...

Read more
  • 31.08.2020
  • 2113
  • everything-for-business.com
Alibaba Leads $1.38 Billion Investment in Delivery Giant ZTO

The investor group will get 10% of the Chinese delivery giant Alibaba’s Cainiao and ZTO will then collaborate on logistics

Read more
  • 31.08.2020
  • 2940
  • everything-for-business.com
Kazakhstan wants to sell its largest energy-generating company

Kazakhstani state fund Samruk-Kazyna plans to sell 100% of the shares of Samruk-Energo, the country's largest energy-generating company

Read more
  • 31.08.2020
  • 3680
  • everything-for-business.com
Exclusive: ConocoPhillips prepares to sell stake in Canada's Cenovus - sources

ConocoPhillips is preparing to offload its stake in Cenovus Energy Inc that it acquired as part of an asset sale to the Canadian oil and gas producer last year, people familiar with the matt...

Read more
  • 31.08.2020
  • 2832
  • everything-for-business.com
Microsoft to take on Amazon with $7.5 billion GitHub deal

Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to beef up its cloud computing business and challenge market leader...

Read more
  • 31.08.2020
  • 2980
  • everything-for-business.com
Icahn buys small stake in drugmaker Allergan: sources

Billionaire investor Carl Icahn has acquired a small stake in Allergan Plc at a time when the drugmaker is under pressure from other activist shareholders, people familiar with the matter sa...

Read more
  • 31.08.2020
  • 2483
  • everything-for-business.com
Pfizer pumps $600 million into venture capital arm

Pfizer Inc said on Wednesday it planned to invest $600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience.

Read more
  • 31.08.2020
  • 2594
  • everything-for-business.com
3M Co. Ltd. has sold business solutions for the telecommunications market for $ 870 million

3M Co. Ltd. has sold business solutions for the telecommunications market for $ 870 million

Read more
  • 31.08.2020
  • 2426
  • everything-for-business.com
Billionaire Seeks Buyer for Resort With World's Largest Indoor Rainforest

Tycoon working with adviser to gauge potential buyer interest Malaysia’s fourth-richest person focusing back on home market

Read more
  • 31.08.2020
  • 3017
  • everything-for-business.com
GE Healthcare to sell IT unit to Veritas for $1.05 billion

General Electric Co’s healthcare unit said on Monday it would sell its information technology business to private equity firm Veritas Capital for $1.05 billion in cash as it sharpens its foc...

Read more
  • 31.08.2020
  • 1984
  • everything-for-business.com
Nestlé will invest 700 million UAH in the modernization of the Kharkov factory "Mivina"

The project will be implemented in two phases. Until 2021 the company plans to complete all the stages of reconstruction and to hand over the updated enterprises to operation

Read more
  • 31.08.2020
  • 1186
  • everything-for-business.com
J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 billion

J. M. Smucker Co said on Wednesday it would buy Rachael Ray Dog food maker Ainsworth Pet Nutrition for about $1.9 billion in cash to strengthen its pet food portfolio, and was exploring opti...

Read more
  • 31.08.2020
  • 2507
  • everything-for-business.com
Accor Buys Mantis Stake to Expand African Hotel Network

Deal with Mantis forms part of emerging-market growth plans Accor intends to add another 100 hotels in next five years

Read more
  • 31.08.2020
  • 2965
  • everything-for-business.com
China's HNA to sell some or all of $6.3 billion Hilton stake

China’s HNA Group Co Ltd, the heavily indebted aviation-to-financials conglomerate, plans to sell some or all of its $6.3 billion stake in Hilton Worldwide Holdings Inc, underlining its need...

Read more
  • 31.08.2020
  • 2649
  • everything-for-business.com
China could be the new owner of Venezuela's oil industry

Venezuelan oil production fell by another 10,000 barrels per day in March. The country's economy is already in bad shape, experiencing hyperinflation. Venezuela could hand over more contro...

Read more
  • 31.08.2020
  • 1054
  • everything-for-business.com
Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco In in a $5.4 billion deal, unloading an investment he has held for nearly two decades an...

Read more
  • 31.08.2020
  • 3370
  • everything-for-business.com
Oil major Total and Aramco sign $5 billion deal to build Jubail petrochemical complex

French oil and gas major Total on Tuesday signed a $5 billion deal with Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery.

Read more
  • 31.08.2020
  • 3166
  • everything-for-business.com
Indian Tycoons Offer to Invest $192 Million in Fortis Health

Binding offer to invest through preferential share allotment Intensifies race for Fortis after TPG-backed bid, one from IHH

Read more
  • 31.08.2020
  • 1701
  • everything-for-business.com
Aramco is world's most profitable oil company: Bloomberg

Saudi Aramco is the world’s most profitable oil company, Bloomberg reported on Friday, but its huge earnings and cash flows may still fail to justify its desired $2 trillion valuation.

Read more
  • 31.08.2020
  • 3095
  • everything-for-business.com
Goldman Sachs buys personal finance start-up Clarity Money

Goldman Sachs Group Inc bought Clarity Money, a personal finance startup, to bolster its Marcus online lending business, it said Sunday.

Read more