Agent Page
Agent Page
Agent Page
Agent Page
My Posts/Listings
Russia’s Rosneft stake valued at over $11 billion for privatization: source
LONDON/MOSCOW (Reuters) – Russia could fetch over $11 billion in privatizing oil firm Rosneft but needs to guarantee stable tax regime ahead and during the sale, an industry source said citing documents submitted to the Russian government. The documents were submitted this week by Rosneftegas, which owns control in … View original post here: Russia’s Rosneft stake valued at over... [Read more]
Japanese airline ANA to replace 100 Rolls engines on 787s
By Alwyn Scott SEATTLE (Reuters) – ANA Holdings Inc , Japan's largest airline, said on Wednesday it will replace all 100 Rolls-Royce engines on its fleet of Boeing 787 Dreamliners following three engine failures this year caused by corrosion and cracking of turbine blades. In response to questions from Reuters, ANA, the world's largest 787 operator, said all 50 of its 787s will receive... [Read more]
VW reviews procurement strategy in wake of supplier dispute
Volkswagen is reviewing its supplier and procurement strategy to avoid another crippling dispute like the one that caused production slowdowns and even stoppages at six plants this month, Chief Executive Matthias Mueller said. VW suppliers Car Trim and ES Automobilguss, both part of Prevent Group, triggered the disruptions by halting deliveries of seat covers and cast iron parts for gearboxes, exposing... [Read more]
Fixing Credit After a Divorce
Divorce is a traumatic experience. The end of a marriage can lead to emotional turmoil and the loss of family and social support. Compounding these problems can be serious damage to your finances – including your credit score. Even when a couple’s divorce is finalized, both former spouses may be responsible for joint debts incurred while they were married. This can include things as small... [Read more]
Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale
Bankrupt U.S. teen retailer Aeropostale Inc received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter. Investment firm Versa Capital Management LLC did not submit a bid for Read more from the original source: Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer... [Read more]
China’s BYD forecasts up to 91 percent profit rise for first nine months
Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc , on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales. The Shenzhen-based company forecast an 83 percent to 91 percent rise in net profit for the first nine months, between 3.6 billion yuan ($539.8 million) to 3.7 billion yuan,... [Read more]
UBS leads team of banks working on blockchain settlement system
By Jemima Kelly LONDON (Reuters) – Swiss bank UBS is leading a team of four of the world's biggest banks developing a system to enable financial markets to make payments and settle transactions quickly using blockchain technology. UBS has developed a “Utility Settlement Coin” (USC), which is a digital cash equivalent of each of the major currencies backed by central banks, such... [Read more]
GM asks judge to throw out ignition switch case over ‘fabricated’ key
General Motors Co on Monday asked a Texas judge to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, accusing plaintiffs and their lawyers of fabricating evidence about the vehicle’s key during the ongoing trial. According to a GM court filing, plaintiffs Zachary Stevens and his parents and their lawyers showed jurors in Harris… See the rest here: GM asks judge... [Read more]
Pfizer boosts cancer drug roster with $14 billion Medivation deal
Medivation shares were up 20 percent at $80.43 in afternoon trading, just shy of the offer price of $81.50 per share. Shares of Pfizer, the largest U.S. drugmaker, were down 0.5 percent at $34.82. The offer is a 55-percent premium to Sanofi SA's initial offer to buy Medivation for $52.50 in April that pushed the San Francisco-based company to put itself up for sale. Original post: Pfizer boosts... [Read more]
Pokemon Go spurs lifestyle changes, business boom as it rolls out in Asia
By Eveline Danubrata and Glenys Kirana JAKARTA (Reuters) – Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network signals in … Read the original: Pokemon Go spurs lifestyle changes, business boom as it rolls out in Asia Read More →