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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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