Sempra Energy to sell Chilean businesses for $2.23 billion to China's State Grid
U.S. power company Sempra Energy said on Monday it would sell is Chilean businesses to China's State Grid International Development Limited for $2.23 billion in cash.
U.S. power company Sempra Energy said on Monday it would sell is Chilean businesses to China's State Grid International Development Limited for $2.23 billion in cash.
Liberty Global has offered a 500 million Swiss franc ($501.45 million) sweetener to rescue the sale of its Swiss cable and TV business to Sunrise Communications but a key Sunrise shareholder said it remained opposed to the deal.
Oil prices fell on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week.
Freenet still opposes Sunrise's 6.3 billion Swiss franc ($6.32 billion) deal to buy Liberty Global's Swiss business, despite a new offer from the American seller to take part in the acquisition.
The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after an arbitrator's decision over subsidies to planemaker Airbus .
A global index of stock markets slipped on Monday as signs of progress in the China-U.S. trade dispute drew mixed a reaction from investors, with some cautioning over a lack of detail in the initial stages of the agreement.
Clothing and furnishing retailer Laura Ashley Holdings Plc said on Monday it had named Sagar Mavani as its chief financial officer, replacing Seán Anglim who has been with the company since 1998. Mavani's appointment comes at a time when the company is struggling with poor performance in its home furnishings business and a decline in online sales. The company swung to a full-year pretax loss of almost 10 million pounds ($12.57 million) earlier this year. Anglim, w
Volkswagen does not expect the shift in production toward electric cars aimed at averting billions of euros in European pollution fines to hurt its profit margins, Chief Executive Herbert Diess said in a newspaper report on Monday.
Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said on Monday, as the U.S. planemaker grapples with challenges in building the jet.
Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over a U.S.-Sino thaw that helped to lift crude markets by 2% at the end of last week.
The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after a decision earlier this month by a WTO arbitrator over subsidies to planemaker Airbus .
China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles.
Liberty Global has offered to buy up to 500 million Swiss francs ($502.11 million) in newly created Sunrise Communications shares - a move aimed at rescuing the 6.3 billion franc sale of its Swiss business.
A slide in China's exports picked up pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-U.S. trade war drags on.
Julian Dunkerton, the founder of British fashion group Superdry , has become the firm's permanent chief executive after he won an acrimonious battle for control in April, it said on Monday.