IHC, hungry for deals, plans IPOs in healthcare and IT

Pure Health IPO raises over $1 billion, CEO says Targets tech unit IPO in Q3, with $1 billion in assets Mull Eyes International Energy Holding IPO Next Year Planning purchases this year and next year, seeking a large loan ABU DHABI, Nov 24 (Reuters) – International Holding Company (IHC.AD) plans to sell 20% of its … Read more

Analysis: China’s grand reopening may come too late for many businesses

SHANGHAI, Nov 22 (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of severe COVID-19 restrictions. But as excitement mounts in global financial markets that the world’s second-largest economy can finally emerge from lockdown next year, the two are packing their bags. “I … Read more

EXCLUSIVE QatarEnergy boss says World Cup tension won’t impact German business

DOHA, November 21 (Reuters) – QatarEnergy chief Saad al-Kaabi said on Monday that relations with German companies would not be affected by political tensions sparked by criticism of the energy organization. World Cup by Qatar, which angered officials from Arab Gulf countries. gas exporter. Kaabi told Reuters he was shocked by German Economy Minister Robert … Read more

Exclusive: Toyota scrambles to restart EVs with eye on Tesla

Oct 24 (Reuters) – Toyota (7203.T) plans to restart its electric car strategy to better compete in a booming market it has been slow to break into and has halted some work on existing electric vehicle projects , four people with knowledge of the plans still in development said. The proposals under consideration, if passed, … Read more

Biden and Xi to meet ahead of G20, Musk addresses business forum by candlelight

NUSA DUA, Indonesia, Nov 14 (Reuters) – Chinese leader Xi Jinping will arrive on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of the tension-laden Group of 20 (G20) summit about Russia’s invasion of Ukraine. The two leaders are expected to discuss the nuclear ambitions of … Read more

China’s COVID lowers the exact broader business cost of Yum and electric vehicle maker Nio

SHANGHAI, Nov 2 (Reuters) – Chinese electric vehicle maker NIO has suspended production at its factories in the eastern city of Hefei as rising COVID-19 cases and China’s heavy-handed response to outbreaks weigh on increasingly burdensome on manufacturing and the economy. The impact was also felt in the central city of Zhengzhou, where the industrial … Read more

Barclays strengthens its activities in Asia and sees its growth in India and Australia

SINGAPORE, Nov 2 (Reuters) – Barclays Plc (BARC.L), which recently made major investments in India and Australia and set up a subsidiary in Taiwan in July, is planning to enter new markets but is currently focusing on the development of its franchises, said the senior regional official. The British lender has rebuilt its Asian business … Read more

Saudi forum expected to draw U.S. business leaders amid tensions

US leaders head for kingdom despite political friction Riyadh strives to diversify its oil-dependent economy Investment levels remain below target For now, the oil windfall is helping the state spur development DUBAI, Oct 23 (Reuters) – A public spat between the United States and Saudi Arabia will not deter top Wall Street executives and U.S. … Read more

Emirates NBD revives equity business with Dubai IPOs

DUBAI, Oct 21 (Reuters) – Emirates NBD (ENBD.DU) has won a top spot in all of Dubai’s initial public offerings this year, raising its fees and reviving a long-dormant business amid fierce competition from local banks and international. Dubai’s biggest lender, majority-owned by the Dubai government, helped manage the IPOs of Dubai Electricity and Water … Read more

Nissan suffers a loss of 687 million dollars by selling its Russian activities for 1 euro

Sale to the Russian public entity NAMI Nissan has the right to buy back business within six years Renault sees its H2 net profit hit by 331 million euros following its move TOKYO, Oct 11 (Reuters) – Nissan Motor Co Ltd (7201.T) will sell its Russia business to a state-owned entity for 1 euro ($0.97), … Read more