World news

  • 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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Billionaire investor Warren Buffett to retire from Kraft Heinz board

Kraft Heinz Co said on Friday billionaire investor Warren Buffett has decided to retire from the company’s board following the end of his term in April to reduce travel commitments.

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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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CapitaLand bets on new markets with $4.4 billion Temasek real estate deal

Singapore’s CapitaLand is forking out S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal the developer said would create Asia’s lar...

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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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  • 31.08.2020
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China Buys 2 Million Tons of U.S. Soybeans Post Trade Talks

1.President Trump says Beijing agreed to buy 5 million tons 2.Purchase is a sign of goodwill as negotiations move to IP

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  • 31.08.2020
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Tesla to buy battery tech maker Maxwell Technologies for $218 million

Tesla Inc is buying Maxwell Technologies Inc for $218 million in an all-stock deal that will help the electric car maker beef up its battery technology at a time when it is ramping up produc...

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  • 31.08.2020
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Panalpina Investor Rebuffs DSV's $4 Billion Takeover Offer

1.Rejection is setback for DSV after failing to buy Ceva. 2.Analysts expect a higher price is needed to clinch a deal.

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  • 31.08.2020
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Ford investing $1 billion, adding 500 jobs in Chicago

Ford Motor Co said on Thursday it is investing more than $1 billion in its Chicago operations and adding 500 jobs as it prepares to launch three new SUVs this year and end production of the...

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  • 31.08.2020
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Nestle buys majority stake in organic food company Terrafertil

Nestle said on Friday that it has bought a majority stake in Terrafertil, a company selling natural and organic plant based foods.

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