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Market News
March 11, 2021
BNP Seeks to Buy Remaining 50% of Exane to Boost Equities Unit
BNP Paribas SA is looking to acquire the remaining 50% in Exane that it doesn’t already own, in a move aimed at strengthening its equities business.
March 11, 2021
Thai Court Delays Constitution Rewrite in Setback for Protesters
A Thai court ruled that a national referendum must be held before parliament could rewrite the constitution, delaying changes demanded by...
March 11, 2021
Billionaire Kellner Boosts Moneta Stake Before Merger Attempt
Czech billionaire Petr Kellner is poised to become a dominant shareholder in Moneta Money Bank AS after a successful voluntary buyout, kicking off...
March 11, 2021
South African Arms Maker Hunts for Cash With Debts Falling Due
South Africa’s insolvent arms manufacturer is scrambling for cash as it faces the repayment of almost 3 billion rand ($199 million) of debt this...
March 11, 2021
Swiss Economy Seen Picking Up as Global Recovery Gains Pace
Economic momentum in Switzerland is forecast to pick up in the months ahead as immunizations get rolled out and restrictions to curb the pandemic are...
March 11, 2021
South African State Oil Company Opaque on Job Cuts, Union Says
A South African labor union asked mediators to force the state oil company PetroSA to provide more information on proposals that may result in 40% of...
March 11, 2021
Jardine Investors Oppose $1 Billion ‘Discount’ in Buyout Plan
Opposition from minority shareholders to a restructuring effort by the Jardine Group is growing, with some investors considering going to court over...
March 11, 2021
Shell Names Andrew Mackenzie as Chairman, Succeeding Holliday
Royal Dutch Shell Plc announced the appointment of Andrew Mackenzie as chairman with effect from the conclusion of the annual general meeting on May...
March 11, 2021
China’s Parliament Approves Overhaul of Hong Kong Elections
Chinese lawmakers approved an extensive overhaul of how Hong Kong chooses its leaders, a momentous step in Beijing’s efforts to curb opposition in...
March 11, 2021