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April 30, 2021
Stakes in Samsung Electronics (005930.KS) and affiliates held by its late chairman were divided among his family and appear to bolster the control of his son and the company's vice chairman, Jay Y. Lee, regulatory filings showed on Friday.
April 29, 2021
MIDVALE, Utah (AP) _ Overstock.com Inc. (OSTK) on Thursday reported first-quarter net...
April 28, 2021
Franceâs Eutelsat Invests $550 Million in Musk Satellite Rival OneWeb Apr 27 2021, 11:58 PM April 27 2021, 10:02 PM April 27 2021, 11:58 PM (Bloomberg) -- Eutelsat Communications SA will pay $550 million in cash for a 24% stake in low-earth orbit satellite startup OneWeb, it said Tuesday. (Bloomberg) -- Eutelsat Communications SA will pay $550 million in cash for a 24% stake in low-earth orbit satellite startup OneWeb, it said Tuesday. The Paris-based operatorâs investment will be fun...
April 28, 2021
Apr 28 2021, 6:16 AM April 28 2021, 2:20 AM April 28 2021, 6:16 AM (Bloomberg) -- Saudi Arabia is in talks to sell a 1% stake in state-controlled oil giant Aramco to a foreign company, Crown Prince Mohammed Bin Salman said in an interview with a local TV station. (Bloomberg) -- Saudi Arabia is in talks to sell a 1% stake in state-controlled oil giant Aramco to a foreign company, Crown Prince Mohammed Bin Salman said in an interview with a local TV station. The kingdom could also announce a seco...
April 27, 2021
Apr 27 2021, 4:28 AM April 26 2021, 5:12 PM April 27 2021, 4:28 AM (Bloomberg) -- New York Community Bancorp agreed to buy Michiganâs Flagstar Bancorp Inc. for $2.54 billion, joining this yearâs string of tie-ups among small lenders trying to stay competitive against the nationâs banking giants. (Bloomberg) -- New York Community Bancorp agreed to buy Michiganâs Flagstar Bancorp Inc. for $2.54 billion, joining this yearâs string of tie-ups among small lenders trying to s...
April 26, 2021
AfricaEthiopia receives two bids for two telecoms operating licences Reuters 3 minutes read The logo of MTN is pictured in Abuja, Nigeria, September 11, 2018. REUTERS/Afolabi Sotunde/File Photo Ethiopias finance ministry said on Monday it had received two bids, from South Africas MTN (MTNJ.J) and a consortium including Kenyas Safaricom (SCOM.NR), for new telecoms operating licences. The announcement is the latest step in the Horn of Africa nations efforts to liberalise its economy. The country...
April 26, 2021
Retail & ConsumerJessica Albas Honest Co targets $1.5 bln valuation in U.S. IPO Reuters 1/2 Actress Jessica Alba, co-founder of The Honest Company, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May 11, 2016. REUTERS/Brendan McDermid Read More Jessica Albas Honest Co said on Monday it was aiming for a valuation of over $1.5 billion in its initial public offering in the United States. Alba, known for her roles in film "Fantastic Four" and TV series "Dark Angel"...
April 25, 2021
Virus Surge and China Are Muddying the Bullish Asian Stock Story Apr 24 2021, 2:30 PM April 24 2021, 5:30 AM April 24 2021, 2:30 PM (Bloomberg) -- Having started the year best-placed to benefit from a reopening of the global economy, Asia stock investors find themselves confronting the twin threats of a virus resurgence and policy tightening in the regionâs growth engine, China. (Bloomberg) -- Having started the year best-placed to benefit from a reopening of the global economy, Asia stock...
April 25, 2021
Treasuries Reprieve Buoys Emerging Markets, but Buyers Are Picky Apr 25 2021, 8:46 PM April 25 2021, 6:00 PM April 25 2021, 8:46 PM (Bloomberg) -- Even with this monthâs retreat in Treasury yields, investors could be forgiven for taking a cautious view of emerging markets. (Bloomberg) -- Even with this monthâs retreat in Treasury yields, investors could be forgiven for taking a cautious view of emerging markets. The renewed surge in Covid-19 infections from India to Argentina and poli...
April 23, 2021
Spain Ready to Block KKR, Bain Bids for Rolls-Royce Aero Unit Apr 23 2021, 9:14 PM April 23 2021, 4:35 PM April 23 2021, 9:14 PM (Bloomberg) -- The Spanish government has warned Rolls-Royce Holdings Plc that any sale of its Basque airplane parts maker risks being blocked unless the buyer can offer assurances about the companyâs future, according to a person familiar with the matter. (Bloomberg) -- The Spanish government has warned Rolls-Royce Holdings Plc that any sale of its Basque airpla...