Nestle will give its food products ratings according to their nutritional value, the packaged food company said, so customers can better decide the healthiness of their shopping.
Budget airline Norwegian Air is ending flights from Copenhagen and Stockholm to the United States and Thailand while increasing the frequency with which it flies from several European cities to U.S. destinations, it said on Wednesday.
World shares made another push for an elusive record high on Wednesday after U.S. President Donald Trump said Washington and Beijing were in the final throes of inking an initial trade deal. Sterling continued to edge lower as pre-election opinion polls showed some narrowing of Prime Minister Boris Johnson’s Conservatives lead over opposition parties, even though he remains favourite to gain an overall majority. …read more […]
Russian internet giant Yandex was given the green light to pursue planned changes to its governance structure, after President Vladimir Putin signed a law late on Tuesday concerning the management of Russian offshore companies. Yandex, which provides a raft of online services including taxi-hailing and the main Russian-language search engine, proposed a corporate governance revamp last week to assuage Kremlin fears over potential foreign influence. The new structure will include a public interest foundation (PIF) run by a board of 11 Russian nationals with the power to block a single entity accumulating a 10% or more stake in …read more […]
Abu Dhabi Investment Authority (ADIA) is weighing an investment of at least $1 billion in the initial public offering (IPO) of Saudi Aramco, which is relying mainly on Saudi Arabian and Gulf investors to raise up to $25.6 billion, five sources familiar with the matter said.
Kuwait Investment Authority (KIA) plans to invest in the initial public offering (IPO) of Saudi Aramco, two sources familiar with the matter told Reuters on Wednesday.
Manchester City’s Abu Dhabi-controlled owner has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world’s most valuable soccer group with a $4.8 billion price tag.
DUBAI/ABU DHABI (Reuters) – Abu Dhabi Investment Authority (ADIA) is weighing an investment of at least $1 billion in the initial public offering (IPO) of Saudi Aramco, which is relying mainly on Saudi Arabian and Gulf investors to raise up to $25.6 billion, five sources familiar with the matter said. A final decision on the amount has yet to be taken and would need approval from ADIA’s board of directors, one of the sources said. ADIA, estimated to have assets of nearly $700 billion, is chaired by the president of the United Arab Emirates, Sheikh Khalifa bin Zayed …read more […]
British American Tobacco , the world’s no. 2 tobacco company by revenue, said on Wednesday a slowdown in the U.S. vaping market would result in slower growth in revenue from its “new categories” business that sells vaping products.
IKEA, the world’s biggest furniture group, said on Wednesday it would spend around 100 million euros ($110 million) on supporting its direct suppliers in moving over to renewable energy.
ByteDance has stepped up efforts to separate its social media app TikTok from much of its Chinese operations, amid a U.S. national security panel’s inquiry into the safety of the personal data it handles, people familiar with the matter said.
British American Tobacco, the world’s no. 2 tobacco company by revenue, said on Wednesday a slowdown in the U.S. vaping market would result in slower growth in revenue from its “new categories” business that sells vaping products. The safety of vaping has been in the spotlight, with U.S. health officials reporting more than 2,000 cases of vaping-related lung illness and 47 deaths linked to its use in the country, leading to tighter regulatory scrutiny and individual state bans. This has led to a drop in demand for the devices, pushing the company to forecast revenue growth in its …read more […]
Q3 2019 Momo Inc Earnings Call …read more […]
Oil slipped on Wednesday after an industry report showed a surprise build-up in U.S. crude inventories, but optimism surrounding the signing of the first phase of a U.S.-China trade deal prevented a bigger slide in prices.
U.S. private equity firm Silver Lake has agreed to invest $500 million in the owners of English soccer champions Manchester City, valuing the Premier League club’s owner at $4.8 billion.
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