Basic Materials

Cocoa Prices Push Near Record Levels As Global Shortage Continues to Impact Market

Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana.


Home Depot to Open 4 New Distribution Centers for Home Professionals

Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals...

Tech Envy on Business Sector

A poll of tech worker habits by software firm Nintex revealed that public and private sector employees are hungry for automation, and rely on mobile apps and the cloud to get work done...

Outlining Strategies

The NEC had alrady laid an outline strategy regarding on how to boost kery service sectors...


Latest News

Lixil on basic agreement to acquire Grohe for USD4 billion - CEO
According to a Reuters report, Lixil Group Corp Chief Executive Yoshiaki Fujimori said that his company had reached a basic agreement to buy bathroom equipment maker Grohe for JPY400 billion or USD4.0
Chatham Lodging Trust to sell off 3.3 million shares in its IPO
The proceeds for the 3.3 million shares in Chatham Lodging Trust sale would be used for debt payment and general corporate purposes.
Prime Office stakeholders okay merger with German unit of Oaktree
Stakeholders of Prime Office REIT-AG approved the plan to merge with Oaktree Capital Group's German real estate business.
Blackstone acquires more properties from Hersha
Hersha Hospitality agreed to sell 16 of its properties to a Blackstone Group affiliate.
China's Cofco lists its commercial property business in HKD14.2 billion reverse takeover
Chinese conglomerate Cofco listed its 12 properties across China as part of its HKD14.2 billion or USD1.8 billion reverse takeover with subsidiary the Hong Kong Parkview Group.
Patrizia Immobilien acquires EUR 800 million worth of German office properties
Patrizia Immobilien announced it had agreed to buy 36 offices valued at EUR 800 million from CA Immobilien Anlagen.
Marcus & Millichap files IPO
Real estate brokerage Marcus & Millichap Inc. filed an IPO to raise USD103.5 million.
Homebuilding approvals increase 49% in UK
According to a Bloomberg report, as the UK government sought to boost mortgage lending and building permits became easier to get, home building approvals increased 48% in the country.
Real Madrid cancels USD1 billion Ras Al Khaimah soccer resort plan
The world's richest soccer club Real Madrid scrapped its soccer resort plan in UAE after payments defaulted with no provided guarantees.
China's richest man announces USD8 billion film park investment
Wang Jianlin announced his biggest single investment in the movie and television industry valued USD8.17 billion.
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