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Bloomberg State-backed Shanghai Electric Power Co. agreed to pay buyout firm Abraaj Group $1.77 …
Read More »Shanghai Electric to pay $1.8bn for K-Electric stake
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USA urges China to cut coal imports propping up N Korea
BEIJING / AP A senior US official urged China to work with the US …
Read More »NZ economy milks clamour for Middle Earth
Wellington / AFP Peter Jackson’s “Lord Of The Rings” and “Hobbit” series have proved …
Read More »Low-cost carriers spread wings over the Atlantic
New York / AFP Low-cost air carriers are spreading their wings across the Atlantic, …
Read More »â€˜Heathrow’s runway 50 years too late’
Bloomberg The UK’s government’s decision to expand London’s Heathrow airport is about ‘50 years …
Read More »Nokia reduces losses as merger with rival proceeds
Helsinki / AFP Finnish telecom equipment giant Nokia said it has managed to reduce …
Read More »Rise of private-jet ride sharing crimps new aircraft orders
Bloomberg Thanks to new technology, flying in a private jet is no longer just …
Read More »Russia to plan sales of VTB, Transneft shares by 2020
Bloomberg Russia is looking to sell dozens of stakes in state companies ranging from …
Read More »Bank Hapoalim to trim 12% of jobs in cost saving plan
Bloomberg Bank Hapoalim Ltd., Israel’s largest bank, approved a plan to cut 12 percent …
Read More »Apollo to raise new LBO fund
Bloomberg Apollo Global Management LLC is starting to raise money for a new buyout …
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