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AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar

7 hours ago DieselGasoil Comments Off on AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar
BRUSSELS/LONDON (Reuters) – Anheuser-Busch InBev (ABI.BR), the world’s largest brewer, is selling its Australian operations to Japan’s Asahi (2502.T) for $11 billion and could revive the stalled flotation of its Asian business as it looks to cut debt. FILE PHOTO: The logo of Anheuser-Busch InBev is pictured inside the brewer’s headquarters in Leuven, Belgium, Feb. Read More

Riot police bear down on Hong Kong protesters

6 days ago DieselGasoil Comments Off on Riot police bear down on Hong Kong protesters
Riot police have lined-up on the streets of Hong Kong as several thousand people marched against traders from mainland China. The demonstrations were the latest in what is fast-becoming a summer of unrest in the semi-autonomous territory. Major protests have taken place in the past month against a proposal to change extradition laws. The march Read More

Riot police line up in Hong Kong during latest protests

6 days ago DieselGasoil Comments Off on Riot police line up in Hong Kong during latest protests
Riot police have lined-up on the streets of Hong Kong as several thousand people marched against traders from mainland China. The demonstrations were the latest in what is fast-becoming a summer of unrest in the semi-autonomous territory. Major protests have taken place in the past month against a proposal to change extradition laws. The march Read More

AB InBev pulls Budweiser listing, canceling year’s largest IPO

7 days ago DieselGasoil Comments Off on AB InBev pulls Budweiser listing, canceling year’s largest IPO
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Anheuser-Busch InBev (ABI.BR) said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd (1876.HK), in what would have been the world’s biggest initial public offering (IPO) of 2019. AB InBev, the world’s largest brewer, was aiming Read More

Ultra Petroleum Corp. Announces Termination of Exchange Offer for 7.125% Senior Notes due 2025

1 week ago DieselGasoil Comments Off on Ultra Petroleum Corp. Announces Termination of Exchange Offer for 7.125% Senior Notes due 2025
ENGLEWOOD, Colo., July 11, 2019 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) today announced that it terminated its previously announced private offer to exchange (the “Exchange Offer”) outstanding 7.125% Senior Notes due 2025 (the “2025 Notes”) of its wholly owned subsidiary, Ultra Resources, Inc. (“Ultra Resources”), for new 9.00% Cash/ 2.50% PIK Read More

Nike goes ahead with investment in new Arizona manufacturing plant

1 week ago DieselGasoil Comments Off on Nike goes ahead with investment in new Arizona manufacturing plant
FILE PHOTO: A customer is reflected in a shop window decorated with Nike store logo at the outlet village Belaya Dacha outside Moscow, Russia, April 23, 2016. REUTERS/Grigory Dukor/File Photo (Reuters) – Nike Inc (NKE.N) said on Thursday it will open a manufacturing facility in Goodyear, Arizona, with a likely investment of at least $184 Read More

Climate activists find warmer reception at shareholder meetings

1 week ago DieselGasoil Comments Off on Climate activists find warmer reception at shareholder meetings
BOSTON (Reuters) – Climate activists found companies more receptive to steps like cutting emissions or buying clean power this year, a new tally of shareholder resolutions shows, a trend proponents said undercuts the case for proxy rule changes sought by business groups. FILE PHOTO: Solar electric panels are shown installed on the roof of the Read More

Brain-damaged patient in French right-to-die case passes away after treatment is withdrawn

1 week ago DieselGasoil Comments Off on Brain-damaged patient in French right-to-die case passes away after treatment is withdrawn
Vincent Lambert, the French quadriplegic in a vegetative state who’s been at the center of a decade-long battle over his life support, has died after doctors switched off the medical systems that had been keeping him alive. Medical experts said Lambert, paralyzed in a road accident in 2008, was in an irreversible vegetative state with Read More