World news

  • 31.08.2020
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Saudi's PIF invested in 50-60 firms via SoftBank fund: director

The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, has invested in 50 or 60 companies via SoftBank Group’s Vision Fund and will bring most of those firms to the kingdom, manag...

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  • 31.08.2020
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Johnson & Johnson makes $2.1 billion offer to buy out Japan cosmetics firm Ci:z Holdings Co

U.S. healthcare conglomerate Johnson & Johnson said on Tuesday it will buy all outstanding shares of Japanese skincare firm Ci:z Holdings Co Ltd that it does not already own for 230 billion...

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  • 31.08.2020
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VTB bought 24.8% of TransContainer from Fesco

VTB today, October 23, became the owner of 24.84% of the shares of the largest railway container operator of Russia PJSC Transcontainer. This is stated in the tape of information disclosure...

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  • 31.08.2020
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Amazon, GM in talks to invest in electric pickup truck maker Rivian: sources

Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billi...

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  • 31.08.2020
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Vertex Invests in Binance to Expand in Singapore

Vertex Ventures said it made an investment in digital asset trading platform operator Binance to develop a fiat-to-cryptocurrency exchange in Singapore.

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  • 31.08.2020
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Exclusive: Chevron in talks to buy Brazilian oil company's Texas refinery - sources

Chevron Corp has held talks to acquire Pasadena Refining System Inc, a Texas oil refining unit of Brazilian state-run oil firm Petroleo Brasileiro SA, three people familiar with the matter s...

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  • 31.08.2020
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Saudi hopes to attract $427 billion in investments by 2030

Saudi Arabia expects to attract investments of more than 1.6 trillion riyals ($427 billion) by 2030 in its push to boost industry, Energy Minister Khalid Al-Falih said on Thursday, according...

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  • 31.08.2020
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IBM to acquire software company Red Hat for $34 billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business i...

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  • 31.08.2020
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Exclusive: Dell explores sale of cybersecurity company SecureWorks - sources

Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of close to $2 billion, people familiar with the m...

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  • 31.08.2020
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CBA Sells Asset Arm to Japan’s Mitsubishi UFJ for $2.9 Billion

The upheaval in Australia’s scandal-tainted banking industry has handed Japan’s largest bank a long-awaited opportunity to get a bigger foothold in the global asset management industry.

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  • 31.08.2020
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Elon Musk Buys $10 Million in Tesla Stock on the Open Market

Tesla Inc. Chief Executive Officer Elon Musk apparently couldn’t wait to get more of his carmaker’s stock.

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  • 31.08.2020
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Vitol-Led Group to Buy Petrobras Africa Stake for $1.5 Billion

A partnership led by Vitol Group agreed to buy a 50 percent stake in an African oil and natural gas exploration business from Petroleo Brasileiro SA for $1.5 billion, helping the Brazilian c...

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  • 31.08.2020
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Dragon Capital bought Horizon Park Business Center from Ukrsotsbank

The investment company Dragon Capital bought Ukrsotsbank capital business park Horizon Park Business Center. The cost of the transaction is not disclosed.

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  • 31.08.2020
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JP Morgan CEO says has no interest in buying Deutsche Bank: Handelsblatt

JP Morgan has no interest in buying Deutsche Bank the U.S. bank’s chief executive told German daily Handelsblatt.

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  • 31.08.2020
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Transmashholding bought a plant in South Africa

The main markets for the company - African countries.

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  • 31.08.2020
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Saudi-Backed Vision Fund Invests $1.1 Billion in a Maker of ‘Smart Window’ Glass

SoftBank will unveil its first major investment since Saudi Arabia invited international scorn for the murder of a journalist.

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  • 31.08.2020
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CapCo in Talks to Sell Most of Earls Court to CK Asset Holdings

CK Asset Holdings Ltd. is in preliminary talks to buy most of Capital & Counties Properties Plc’s Earls Court project, a sign of investors’ faith in the long-term prospects of London’s luxur...

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  • 31.08.2020
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SoftBank to invest additional $2 billion in WeWork: sources

SoftBank Group Corp. will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate’s total investment in the office space provider to more than $10 billion,...

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  • 31.08.2020
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SoftBank Is Planning a $1.2 Billion Solar Plant in Saudi Arabia

SoftBank Group Corp. is planning to develop a $1.2 billion solar power plant in Saudi Arabia, even as it faces growing scrutiny over its relationship with the kingdom, according to people wi...

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  • 31.08.2020
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Chinese Chengtong is negotiating the purchase of a Moscow hotel in Beijing - sources

China Chengtong Holdings Group Ltd, a Chinese state-owned company, is negotiating the purchase of a Beijing hotel in central Moscow from the state-owned development company VTB, Gates, three...

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