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AB InBev braves Hong Kong turmoil with second Asia IPO attempt

8 hours ago DieselGasoil Comments Off on AB InBev braves Hong Kong turmoil with second Asia IPO attempt
HONG KONG (Reuters) – Anheuser-Busch InBev NV (ABI.BR) will brave jittery Hong Kong markets in a second attempt to spin off its Asian business on Wednesday, aiming to raise up to $6.6 billion in what could be the world’s second largest IPO this year. The brewing giant, which in July tried to raise up to Read More

Netanyahu fights for political survival as Israel goes to the polls

12 hours ago DieselGasoil Comments Off on Netanyahu fights for political survival as Israel goes to the polls
Israelis have begun voting in their second general election of 2019, which will decide if long-time leader Benjamin Netanyahu can stay in power despite corruption allegations. Mr Netanyahu is the longest-serving prime minister in the country’s history, and is looking for his fourth consecutive term in office. He was prime minister from June 1996 until Read More

AB Inbev launches second Asia IPO attempt, targets up to $6.6 billion

12 hours ago DieselGasoil Comments Off on AB Inbev launches second Asia IPO attempt, targets up to $6.6 billion
HONG KONG (Reuters) – Anheuser-Busch InBev NV (ABI.BR) will kick off a second attempt to spin off its Asian business in Hong Kong with the launch on Wednesday of an IPO worth up to $6.6 billion that could be the world’s second largest flotation this year. FILE PHOTO: The logo of Anheuser-Busch InBev is pictured Read More

Budweiser APAC launches second IPO attempt, targets up to $6.6 billion

13 hours ago DieselGasoil Comments Off on Budweiser APAC launches second IPO attempt, targets up to $6.6 billion
FILE PHOTO: Portfolio beer brands of Budweiser Brewing Company APAC Ltd are displayed during a news conference on the company’s IPO in Hong Kong, China July 4, 2019. REUTERS/Andrew Geoffrey Jackson/File Photo HONG KONG (Reuters) – Anheuser-Busch InBev NV (ABI.BR) kicked off a second attempt to spin off its Asian business in Hong Kong with Read More

Atlantia’s CEO set to step down as bridge probe darkens

1 day ago DieselGasoil Comments Off on Atlantia’s CEO set to step down as bridge probe darkens
MILAN (Reuters) – The long-standing head of Italian infrastructure group Atlantia (ATL.MI) is ready to step down as a probe into a deadly bridge collapse snowballs, prompting its top shareholder, the Benetton family, to pull support, sources said on Monday. Giovanni Castellucci, who masterminded a multi-billion merger with Spanish rival Abertis last year, will hand Read More

Trump backs plan that would boost biofuel quotas 10% in 2020

1 day ago DieselGasoil Comments Off on Trump backs plan that would boost biofuel quotas 10% in 2020
NEW YORK (Reuters) – U.S. President Donald Trump has tentatively approved a plan to increase the amount of biofuels that oil refiners are required to blend each year to compensate for exemptions handed out to small refiners by the Environmental Protection Agency, two sources familiar with the matter said. FILE PHOTO: U.S. President Donald Trump Read More

Iraqi-German men walk free despite stabbing of cop during family fight at back-to-school event

1 day ago DieselGasoil Comments Off on Iraqi-German men walk free despite stabbing of cop during family fight at back-to-school event
A group of Iraqi-German adults broke into a violent brawl at a back-to-school gathering in a German town. 18 police crews attended the scene and one got stabbed, but three arrested culprits were then allowed to walk free. Schoolchildren in the university town of Heidelberg went through a traumatic experience on Friday, when their Einschulung Read More

Osram advises investors to accept $4.8 billion offer from AMS

2 days ago DieselGasoil Comments Off on Osram advises investors to accept $4.8 billion offer from AMS
VIENNA (Reuters) – German lighting group Osram (OSRn.DE) advised its shareholders on Monday to accept a 4.3 billion euro ($4.8 billion) takeover bid from AMS (AMS.S) (AMS.VI) and sell their shares to the Austrian sensor specialist, saying the offer was economically attractive. FILE PHOTO: The logo of German lighting manufacturer Osram is seen behind light Read More

LG Display to replace its chief executive amid mounting losses

2 days ago DieselGasoil Comments Off on LG Display to replace its chief executive amid mounting losses
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo SEOUL (Reuters) – South Korea’s LG Display Co Ltd (034220.KS) on Monday said it has named LG Chem (051910.KS) President Jeong Ho-young as its new chief executive officer. LG Display, a supplier to Apple (AAPL.O), Read More

Israel approves settlement in West Bank days before crucial elections

2 days ago DieselGasoil Comments Off on Israel approves settlement in West Bank days before crucial elections
The Israeli government has issued its approval for a settlement in the occupied West Bank, in what looks like a desperate attempt by Prime Minister Benjamin Netanyahu to boost his waning support ahead of the upcoming vote. All Israeli settlements on the occupied territories are deemed illegal under international law, yet Tel Aviv distinguishes between Read More