Chinese bourses have stopped over 40 IPOs in Shanghai and Shenzhen in the midst of a regulatory probe into advisors in the deals, as per
Category: WORLD NEWS
GM extends recall to cover all Chevy Bolt EV due to fire hazard, to take a hit of $1.8b.
General Motors said Friday it is recalling all Chevrolet Bolt electric vehicles sold worldwide to fix a battery issue that could cause fires. The recall
China steel firms, Ansteel Group & Ben Gang start consolidation to become the world’s third-biggest producer.
Chinese steelmakers Ansteel Group and Ben Gang officially started the process of consolidating their operations on Friday, the official news agency Xinhua announced, in a
Goldman Sachs to acquire Dutch asset manager NNIP for $2 billion.
Goldman Sachs said on Thursday it will acquire Dutch insurer NN Group’s asset management arm for about 1.7 billion euros ($1.98 billion) in the greatest
BHP, Woodside investors anxious over $29 billion oil consolidation.
Shares in BHP Group and Woodside Petroleum fell on Wednesday as investors on the two sides brought up issues about the worth of the Perth-based
US testing Autopilot issues on 765,000 Tesla vehicles
The U.S. government has opened a formal investigation concerning Tesla’s Autopilot partially automated driving system after a progression of impacts with parked emergency vehicles. The
Hyatt to acquire Apple Leisure Group from KKR, KSL Capital in a $2.7b deal.
On Sunday, U.S. hotel operator Hyatt Hotels Corp said it entered a deal to purchase Resort Company Apple Leisure group from its private-equity owner KKR
Olam food ingredients unit to raise $3b from London IPO
Olam International is thinking about raising around 2 billion pounds ($2.8 billion) through a London listing of its food ingredients unit one year from now,
600k vehicles to be recalled by Hyundai, Kia to fix trunk latch problem
Hyundai and Kia are recalling over 600,000 vehicles in the U.S. since damage to the trunk latches can prevent them from being opened from within.
Authentic Brands acquires Reebok from Adidas in a $2.5b deal.
Adidas is offering Reebok to Authentic Brands Group for 2.1 billion euros ($2.5 billion) as the German sporting goods company focuses on its core brand
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