Tuesday , 16 December 2025

Recent Posts

‘Yingde Group’s deal with PAG will hurt auction’

  Bloomberg Yingde Gases Group Co. Chairman Zhao Xiangti’s agreement to sell his stake to a private equity firm undermined the chance of a better deal from other potential buyers, according to an expelled founder fighting to regain management control. The allegation against Zhao is among the latest in the war of words between the three estranged founders of the …

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Russian economy ‘exits’ recession

  Bloomberg Russia has exited recession, with a little help from the boys in uniform, a major statistical revision – and the global oil price. And not just any recession, but its longest in two decades. So what happened? Is the economy really out of the woods? Actually, the contraction ended a few quarters earlier than previously estimated, according to …

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Comcast buying out Japan park partners

  AP Comcast NBCUniversal is paying $2.3 billion to buy out its partners to take full ownership of Universal Studios Japan. The company said Tuesday that it had agreed to purchase the 49 percent stake in the theme park from its partners, including Goldman Sachs, a US hedge fund and an Asian private equity firm. Comcast NBCUniversal says the purchase …

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