Deutsche Bank's shares rose as much as 4.8per cent on Friday after Germany's biggest bank passed an annual health check by the U.S. Federal Reserve, in a boost to its Wall Street operations.
RIYADH: Saudi Arabia’s Public Investment Fund (PIF) risks being pulled deeper into Crown Prince Mohammed bin Salman’s domestic projects, curbing its international ambitions and tying its fortunes closer to its home market, four sources familiar with its strategy said. Unusually for a sovereign ...
SINGAPORE: The number of major US defence contractors has shrunk to the point of becoming a national security concern, according to the US Air Force's acquisition head, who said his service needed to have more frequent competitions to benefit smaller companies. The comment came after US President ...
Kouakou Kinimo is a pretty typical Ivory Coast cocoa farmer. He works a small holding. At 52, he's roughly the mean age for a West African grower. And, like many farmers, he doesn't want any of his six children to follow in his footsteps.
Madame Tussauds owner Merlin Entertainments is to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone Group LP in a deal valuing the company and its debt at nearly 6 billion pounds (US$7.6 billion).
Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country's oil ministry said in a statement.
Walmart Inc's Indian unit Flipkart said late Thursday it plans to replace nearly 40per cent of its current fleet of delivery vans with electric vehicles (EVs) by March 2020, as part of its efforts to cut down on its carbon footprint.
NASA plans to send a drone named Dragonfly to Saturn's biggest moon, Titan, the agency said Thursday, announcing the space agency's latest high-profile mission to explore the solar system for clues on humanity's origins. "Today I am proud to announce that our next New Frontiers mission, Dragonfly ...
Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and seized on strong equity and debt capital markets to agree on transformative combinations.
Morgan Stanley is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters.
