RECENT NEWS
BBC News  6 hrs ago  Comment 
Quarterly profits at the US conglomerate fell almost 60%, disappointing investors.
The Times of India  Jul 21  Comment 
RIL Q1 results: Oil-to-telecom conglomerate Reliance Industries Ltd yesterday reported its highest quarterly consolidated net profit of Rs 9,108 crore in three-months to June 30 on the back of higher petrochemical margins and one-time gain from...
New York Times  Jul 19  Comment 
The big American bank is walking away for now because it said it was concerned about the HNA’s structure, ownership and complex model.
Financial Times  Jul 19  Comment 
R&F Properties enters fray in latest twist to Chinese conglomerate’s hasty asset sale
The Times of India  Jul 18  Comment 
Salt-to-hotels conglomerate ITC’s cigarette division contributes nearly two-thirds of the the FMCG (fast moving consumer goods sector) total revenues. Over 60 per cent of ITC's revenues come from its cigarettes business.
Financial Times  Jul 17  Comment 
Russian conglomerate says asset freeze has led to technical default on $66m debt
New York Times  Jul 17  Comment 
Before it was blocked on the web by China’s censors, the document fed concern about the financial health of the conglomerate and caused its share price to drop.
Forbes  Jul 17  Comment 
The engine unit of conglomerate United Technologies will hire 25,000 new employees by 2025 as its breakthrough Geared Turbofan technology transforms the aircraft propulsion market.
Reuters  Jul 17  Comment 
China's regulators have told banks to stop providing funding for several of Dalian Wanda Group's overseas acquisitions as Beijing looks to curb the conglomerate's offshore buying spree, sources familiar with the matter said on Monday.
Wall Street Journal  Jul 13  Comment 
One of China’s most prolific overseas acquirers, the airlines-to-hotels conglomerate HNA Group, is drastically slowing its deal making, suggesting a government crackdown on debt may be crimping its global ambitions.




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