PTT CEO announced his plan on investing billions of dollars in Myanmar. (Photo : Reuters)A man counts US dollars and Myanmar kyats at a money changer in Yangon March 21, 2012.
Sectors
GE Sells Off Leasing and Rental Business to HNA Group
GE has accepted the offer for TIP Trailer Services business from the China based HNA Group. (Photo : Reuters)The image is the GE logo atop its corporate headquarters.
OMV enters deal with Abu Dhabi for oil exploration
OMV forges agreement with Abu Dhabi National Oil Co for oil and gas explorations. (Photo : Reuters)The image is a gas pump of OMV. OMV, the Austrian energy firm, had announced it had signed a deal in Abu Dhabi for oil exploration and natural gas prospecting projects in the Gulf region, particularly the United Arab Emirates.
China Fishery Group Acquires Copeinca
The US$790 million acquisition by the unit of China Fishery, Grand Success Investment has been completed.
Spain's Repsol to look into YPF non-cash offer
Spain's Repsol will look into a non-cash offer over the expropriation of its majority stake in energy firm YPF, a source said.
Latest News
Adapt acquired cloud solutions provider Sleek. (Photo : Reuters)This is a representation of cloud technology. Information and technology company Adapt announced on Monday that it has acquired Sleek.
Flagstar Bancorp Inc had agreed to pay $105 million to Assured Guaranty Ltd as settlement to a lawsuit against the bank for misrepresenting loan quality contained in $900 million of mortgage-backed securities.
According to a poll, Australians are scared of 'too much' Chinese investments in their country.
Alpine Bau, the insolvent arm of Spain's construction group FCC, could break up with the failure of last-ditch talks to save the company.
Vodafone Group Plc had finalized a preliminary agreement to purchase Germany's largest company Kabel Deutschland Holding AG.
Russia's biggest drug manufacturing company, OAO Pharmstandard (PHST), intends to sell its over-the-counter medicine business.
China's solar companies in Europe have considered the transfer of their factories overseas to avoid import taxes being imposed by the European Union.
Gaming firm Echo Entertainment submitted $1 billion expansion plan for Sydney casino. (Photo : Reuters)Sydney Casino operations Sydney's Star Casino is up for a major expansion once the Australian government approves the $1 billion plan submitted by gaming firm Echo Entertainment.
Virgin Mobile Middle East & Africa (VMMEA) is one of three companies that won a virtual telecom license in the kingdom according to reports.
