RECENT NEWS
Channel News Asia  6 hrs ago  Comment 
The conglomerate and its smaller rival Sembcorp Marine have been hit by the 60 per cent drop in oil prices since mid-2014. Still, oil prices have recovered more than 70 per cent from the lows touched in January.
Financial Times  Jul 21  Comment 
Japanese conglomerate becomes latest to reconsider acquisitions
Cloud Computing  Jul 21  Comment 
Cloud computing has taken over the business world! With almost maniacal focus, single proprietors and Board Directors of the world's largest conglomerates see this new model as a "must do". This rapid shift is, in fact, accelerating. As Jeff...
Reuters  Jul 20  Comment 
A complaint by China Vanke to authorities over how its top shareholder, financial conglomerate Baoneng, has financed purchases of stock in the property developer has prompted...
guardian.co.uk  Jul 19  Comment 
Japanese conglomerate’s shareholders gave an initial thumbs down to its £24bn takeover SoftBank lost more than a tenth of its market value as the Japanese conglomerate’s shareholders gave an initial thumbs down to its £24bn takeover of the...
Wall Street Journal  Jul 18  Comment 
SoftBank’s $32 billion bid for U.K. smartphone chip designer ARM is a high price, leaving the Japanese conglomerate swimming in debt.
The Times of India  Jul 15  Comment 
Oil-to-telecoms conglomerate Reliance Industries Ltd reported on Friday a better-than-expected 18% increase in first-quarter profit on higher margins from its core refining business. Consolidated net profit rose to Rs 7,113 crore for the three...
guardian.co.uk  Jul 14  Comment 
South African company faces hurdle to proposed buyout of discount retailer as rival investment company ups its holdings Steinhoff, the South African group, is expected to face pressure to increase its £597m offer for Poundland after rebel...
guardian.co.uk  Jul 13  Comment 
Discount retailer recommends 220p a share deal nearly a month after South African group emerged as potential buyer Poundland has agreed to a £597m takeover by Steinhoff, the South African retail conglomerate that owns Harveys and Bensons for...
BBC News  Jul 12  Comment 
Odeon & UCI Cinema Group is bought by AMC Entertainment, a US cinema chain owned by Chinese conglomerate Dalian Wanda.




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