Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.
Sectors
Blizzident introduces toothbrush that can clean your teeth in seconds
A new toothbrush that can clean teeth in just 6 seconds was introduced by Blizzident. Blizzident introduced a toothbrush that can clean teeth in just 6 seconds.
Forgame surges in HK public offering debut
Forgame Holdings Ltd experienced a premium of one-third of its stock price during its trading debut on the Hong Kong Stock Exchange on Thursday, said a Reuters report.
Investing in self-sustaining startups seen a trend in venture capital firms - report
Information technology news site Techcrunch said in a report that investment by venture capital firms in startups that are a least a decade old had been increasing.
Skyscanner lands USD800 million investment from Sequoia
In an announcement today, passenger travel search engine company Skyscanner announced that Sequoia Capital had placed investment commitments to the startup valued at USD800 million.
Latest News
Societe Generale would sell its Asian financial unit priced around USD600 million, said sources that were cited in a Reuters report.
The National Retail Federation said the US retail sales would increase this holiday season by 3.9%. Retail sales in the US were expected to increase by 3.
FinGelit Chief Executive Officer Mattia Malgara said the Italy-based food maker would be going public next year.
Commonwealth Annuity and Life Insurance Co., a wholly subsidiary company of Global Atlantic Financial Group, announced the completion of its acquisition of Aviva USA's life insurance business.
UniCredit submitted a preliminary offer to purchase Poland's Bank BGZ, said a Reuters report. UniCredit is the biggest bank by assets in Italy. The financial lender had submitted a preliminary offer to acquire Poland's Bank BGZ, according to a Reuters report.
A crash in Kent, WA resulting in a fire had caused a slight decline in share values for Tesla. Share values of Tesla declined at the close of trading today due to the report from the electric car manufacturer of a fire in one of its vehicles due to a crash.
Oregon-based Cascade Microtech announced its acquisition of ATT Advanced Temperature Test Systems. Cascade Microtech bought Germany-based ATT Advanced Temperature Test Systems for EUR 8.
A Federal Court in Australia ordered Li Ka-shing's companies to pay a total of AUD 776 million to the Australian Tax Office.
British insurance firm Aviva sold its US business to Athene Holding for USD 2.6 billion. Aviva Plc sold its US unit to Athene Holding for USD 2. 6 billion, fetching USD 800 million more than the initial price tag.
