Exits

San Francisco Proposes New Regulation for Grocery Stores to Give Ample Notice Before Shutting

A lawmaker's proposal would require San Francisco grocery stores to provide six months' notice before closing and to look for a replacement supermarket.


Universal Music Group Announces Job Cuts After TikTok Deal Talks Fail

Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026...

Polymetal International Sells Its Russian Assets to Siberian Gold Miner for Nearly $3.7 Billion

Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion...

Italy Formally Withdraws From Belt and Road Agreement With China

Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances...


Latest News

Spain's Telefonica in talks to exit Telecom Italia: report
Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday
Fidelity Contrafund cuts Yahoo stake by 41 percent this year
Fidelity Investments Contrafund, the largest mutual fund investor in Yahoo Inc, cut its stake in the Internet media company by 41 percent during the first four months of 2014, according to the fund's
Siemens in talks to sell stake in household goods venture to Bosch - sources
German engineering group Siemens is in final stage talks to sell its 50 percent stake in a household goods joint venture to partner Robert Bosch, two sources familiar with the matter said on Wednesday
Indonesian retailer Mitra Adiperkasa to sell stakes in pizza, burger chain
Indonesian retailer Mitra Adiperkasa said it will sell majority stakes in its Domino's Pizza and Burger King chains to keep its capital to develop its other franchises.
Greek petroleum firm StealthGas raises $47M in share sale
Kifisia, Greece-based petroleum and petrochemical gas products transporter StealthGas Inc raised $47 million through the sale of 4.47 million common shares at $10.50 apiece for its vessels purchases a
Russia's Vimpelcom agreed to sell holdings in Orascom Telecom Algeria
Russian telecoms giant Vimpelcom has agreed to let go of its much disputed holdings in Orascom Telecom Algeria to the Algerian government after buying the telecoms firm from Naguib Sawiris in 2010 for
Brazil's Petrobas to sell its assets in Nigeria
Petrobas, the top oil producer of Brazil, has been looking for potential buyers to acquire its assets in Nigeria valued $5 billion as the company plans for divestment of international assets.
Bathurst secures A$7.39M in discounted placement ot fund coal project in New Zealand
Wellington, New Zealand-based mining firm Bathurst Resources Ltd secured A$7.39 million in a discounted placement of its shares at A$0.06 (NZD0.065) apiece to gain funds for its open-cut coal project
Glencore Xstrata sells Peru copper mine to consortium led by China MinMetals
Glencore Xstrata sold its Peru copper mine to consortium led by China MinMetals in an all cash deal valued USD5.8 billion, reported Ventures Africa.
Indian commercial bank Ratnakar pockets $54.6M in minority stake sale
Kohlapur, India-based commercial bank Ratnakar Bank Ltd pocketed $54.6 million (INR3.28 billion) from foreign investors CDC Group and Asia Capital and Advisors through the sale of an undisclosed minor
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