NEW YORK: Image sharing website Pinterest Inc set a price range of US$15 to US$17 per share for its initial public offering of 75 million shares, as per a filing with the U.S. Securities and Exchange Commission on Monday. At the upper end of its target range, the company would...
Jaguar Land Rover (JLR) shuts its UK plants on Monday for five days over Brexit, adding to other shutdowns to leave at least half the country's car production off-line in what could be a pivotal week for Britain's divorce from the EU.
EU antitrust regulators on Monday fined U.S. conglomerate General Electric 52 million euros (US$58.4 million) for providing misleading information in its takeover of Danish rotor blade maker LM Wind two years ago.
SINGAPORE: ExxonMobil’s latest project in Singapore will not affect the country’s Paris Agreement commitment, said a spokesperson for the National Climate Change Secretariat (NCCS). The US oil company announced on Apr 2 a multi-billion dollar expansion of its integrated manufacturing complex in ...
Boeing's decision to cut the production of its 737 aircraft hit the shares of its suppliers on Monday while its European rival Airbus rose.
RIYADH: Demand for Saudi Aramco's inaugural international bond, which will be issued this week, is higher than US$30 billion, Saudi Energy Minister Khalid al-Falih said on Monday. State-owned Saudi Aramco, the world's largest oil company, met investors last week in a global bond roadshow ahead of ...
A consortium led by French utility Engie has won a bid for Petrobras' TAG pipeline arm with an US$8.6 billion offer, in a deal that boosts Engie's presence in a fast-growing sector and will help Petrobras cut its debts.
Sports Direct said on Monday it had offered to underwrite a 150 million pound (US$196 million) rights issue at Debenhams in exchange for its boss Mike Ashley taking the top job at the ailing retailer.
Nissan Motor Co is considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct, the automaker's chief executive told shareholders on Monday, adding the scandal would not be fixed overnight.
As sea waters slowly rose around his temple and his neighbours fled inland, Thai abbot Somnuek Atipanyo refused to budge and is today a symbol of the fight to restore the country's fast-eroding coastlines.
