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Gold gains on rate-cut bet, precious platinum spikes to 3-week peak

26-10-2019

On Thursday, the precious safe-haven gold had spiked to its two-week peak after a cascade of bleak economic data from the United States including a decade-low figure of manufacturing activity index, had raised hopes of another rate-cut

FCC voted 3 to 2 to approve T-Mobile, Sprint merger

19-10-2019

In the face of a growing criticism over T-Mobile US Inc.’s $26.5 billion acquisition deal for Sprint Corp., the FCC (Federal Communications Commission) had voted three to two to formally approve the tie-up

IMF cautions of massive slowdown amid unending US-China stand-off

16-10-2019

The International Monetary Fund also cut down on the global GDP for 2019 to 3%

LSE investors call on HKEX to up bid by 20% with cash

05-10-2019

On Thursday, the 3rd of October 2019, some of the investors of London Stock Exchange had called on Hong Kong Exchanges to heighten their bid for LSE by at least 20% percent

Venture capitalists warn start-ups of IPO risks in San Francisco meet

03-10-2019

On Tuesday, the 1st of October 2019, a perspicacious bunch of venture capitalists had invited more than 100 start-ups seeking financing in a bid to ramp up their efforts

Gold rebounds off two-month low on bleak US data

02-10-2019

On Tuesday, the 1st of October 2019, safe-haven gold had witnessed an upsurge of nearly 1 per cent, reverting from a steep loss experienced earlier in the session

Saudi Aramco plans to pay base dividend of $75 billion in 2020

02-10-2019

On Monday, Saudi Arabia’s state-controlled oil giant, Aramco told that the oil-dependent kingdom had been drawing up a plan to pay a base dividend of as little as $75 billion in 2020

Nasdaq to crack down on IPOs of small Chinese companies

01-10-2019

Nasdaq Inc., majority owned by a Swedish wealthy Wallenberg family, had been exploring an option to crack down small Chinese companies’ Initial Public Offerings

EQT buys German fibre optic firm Inexio at a $1.1 billion takeover deal

30-09-2019

Swedish infrastructure investment firm EQT, headquartered in Stockholm, had purchased German fibre optic network provider, Inexio, in an acquisition deal which could be worth as much as €1 billion

Latam Airlines shares climb 30 per cent after Delta says it’ll buy stakes

29-09-2019

On Friday, the 27th of September 2019, share prices of LATAM Airlines Group SA, mushroomed more than 30 per cent on market opening

Portugal earmarks €150 million to credit firms hit by Thomas Cook collapse

28-09-2019

On Friday, the 27th of September 2019, the Portuguese Government issued an announcement saying that it had set aside a lump-sum of €150 million worth of credit in order to help domestic tourism companies

FCA’s Maserati to invest at least €1.6 billion to launch new models

27-09-2019

On Thursday, the 26th of September 2019, London-based Italian-American carmaker FCA’s luxury brand Maserati said it would be investing a hefty sum of €1.6 billion in a bid to manufacture its first hybrid and electric models

Democrats open impeachment enquiry into Donald Trump, Asian shares plunge

25-09-2019

At the UNGC, Donald Trump once again pointed fingers at China for unequal trade policies that led to the fall in the Chinese stock market

Indian stock indices pause gains, slump anew

24-09-2019

Reliance Industries Limited and the Indian IT companies, however, escaped the downslide and posted highs

US Tellurian and India’s Petronet to develop LNG plant in Louisiana

23-09-2019

On Saturday, United States' Tellurian and India's Petronet LNG issued a joint statement saying that the companies had reached a memorandum of understanding (MOU) to develop liquified natgas project in the US state of Louisiana

Precious palladium torrents to all-time-high; Gold posts weekly gain

21-09-2019

On Friday, the 20th of September 2019, precious metal palladium rocketed to an all-time-high record closure, as producers seemed to be piling up stocks in context of a persistent output lag

Home rental Goliath Airbnb plans public listing in 2020

21-09-2019

Airbnb had issued a short statement on Thursday, the 19th of September 2019, saying that the home rental giant, had been working out a plan to list its shares for public market trading by 2020

Indian stock markets end slump, embrace the bull after tax-cuts

20-09-2019

On Friday, both the Bombay and National Stock Exchanges gained around 5.3%, to rise to a decade-long high

Buyout firm CD&R to team up with PPG to bid for Buffet-backed Axalta

19-09-2019

NY-based private equity company, CD&R, had been in an advanced stage talk to partner up with PPG Industries Inc., in a bid to make a takeover offer for a US coating company, Axalta Coating System

WeWork delays IPO following frostbitten investors’ response

18-09-2019

On Tuesday, the 17th of September 2019, owner of shared online workspace provider, WeWork, The We Company founded and headquartered in NY, had suspended its planned initial public offering after witnessing lacklustre response from the investors

Entertainment group Endeavor seeks to raise $619 in IPO

17-09-2019

CA-based media and events company, Endeavor Group Holdings Inc. issued a public statement later on Monday saying that the company had been exploring an option to raise as many as $619 million in its slated initial public offering

Iran inks $440 million deal to develop Gulf gas field amid US sanction

16-09-2019

On Saturday, the 14th of September 2019, US-sanction hit Iran had signed a $440 million contract with a local company, Petrobars, in a bid to development the Bilal gas field in the Gulf

Siemens, Orascom rubberstamp deal to rebuild Iraqi power plant

16-09-2019

On Saturday, Cairo-based construction firm Orascom and Munich-based Siemens had reached an accord with the Iraqi government of PM Adil Abdul-Mahdi to rebuild two power plants located at the Northern part of the country

WeWork ponders IPO valuation as low as $10 billion

13-09-2019

NY-based owner of shared online workspace provider WeWork, had been bracing for an IPO valuation of as low as between $10 to $12 billion.

Saudi Aramco gives nine banks top roles on world’s biggest IPO

13-09-2019

Saudi Aramco, the state-controlled Saudi oil giant and the largest firm across the world by revenue, had hired nine banks as joint coordinator in order to oversee its slated initial public offering

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