June 12, 2019

Ford opens new research center in Tel Aviv

U.S. automaker Ford Motor Co said on Wednesday it opened a research center in Tel Aviv, becoming one of several global automakers beefing up operations in […]
June 12, 2019

KKR offers 40% premium to buy out Axel Springer minorities

Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal […]
June 12, 2019

KKR says investment pact with Springer valid for five years

U.S. private equity investor KKR said on Wednesday its investment agreement with the main shareholders in German publisher Axel Springer, under which it is making an […]
June 12, 2019

China’s CATL, Ant Financial and Hellobike set up e-bike battery firm

China’s Contemporary Amperex Technology Co Ltd (CATL), Ant Financial Services and Hellobike said on Wednesday they will invest 1 billion yuan ($144.60 million) to establish a […]
June 12, 2019

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal

Norway’s $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 […]
June 12, 2019

Reckitt picks PepsiCo executive as next CEO

British consumer goods giant Reckitt Benckiser on Wednesday named PepsiCo executive Laxman Narasimhan as its next chief executive officer, to succeed Rakesh Kapoor. Powered by WPeMatico
June 12, 2019

Therapy in the office: banks take mental health fight in-house

In ‘Billions’, a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist. […]
June 12, 2019

KKR offers 63 euros per share to buy out Axel Springer minorities

Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal […]
June 12, 2019

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

French technology company Dassault Systemes said it had agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a […]
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