[ad_1] BEIJING (Reuters) – China’s Bank of Jinzhou won government-backed reinforcement on Sunday as three state-controlled financial institutions said they would take at least 17.3% in the troubled lender, whose shares have been suspended since
China’s ICBC and Cinda Asset Management to take combined 17.3% in Bank of Jinzhou
[ad_1] BEIJING (Reuters) – The Industrial and Commercial Bank of China (ICBC), the country’s largest lender by assets, and China Cinda Asset Management, one of China’s four largest bad banks, said on Sunday they would
U.S. ships several million tonnes of soybeans to China since June: Chinese state media
[ad_1] FILE PHOTO: Soybeans fall into a bin as a trailer is filled at a farm in Buda, Illinois, U.S., July 6, 2018. REUTERS/Daniel Acker BEIJING (Reuters) – The United States has shipped several million
Britain’s seizure of Iranian tanker is violation nuclear deal: Iranian deputy foreign minister
[ad_1] Iran’s top nuclear negotiator Abbas Araqchi talks to journalists in a hotel in Vienna, Austria, October 19, 2015. REUTERS/Heinz-Peter Bader/Files GENEVA (Reuters) – Britain’s seizure of an Iranian oil tanker in Gibraltar is a
Saudi Arabia to start next phase of flour mill privatization
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[ad_1] DUBAI (Reuters) – Saudi Arabia’s state grain buyer SAGO said it will start the next phase of the sale of its flour mills on Wednesday, which will see pre-qualified bidders perform due diligence and
SABIC CEO says no interest in taking over Clariant
[ad_1] FILE PHOTO: Saudi’s SABIC CEO Yousef al-Benyan attends the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis DUBAI (Reuters) – Saudi Basic Industries Corp (SABIC) (2010.SE) has no interest in taking
Exclusive: UAE’s Dana Gas hires adviser to sell Egypt assets – sources
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[ad_1] LONDON/DUBAI (Reuters) – United Arab Emirates’ Dana Gas has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale of its Egyptian assets, worth over $500 million, two sources
Finance Minister Nirmala Sitharaman says no rethink on overseas sovereign bonds: report
[ad_1] Finance Minister Nirmala Sitharaman (C) and Krishnamurthy Subramanian (R), chief economic adviser pose during a photo opportunity outside their office before the presentation of the federal budget in the parliament in New Delhi, India,
LSE’s bid for Refinitiv spotlights quest for data, globality
[ad_1] LONDON/NEW YORK (Reuters) – London Stock Exchange Group Plc’s (LSE.L) planned purchase of Refinitiv in a $27 billion deal is the latest sign that exchange operators are focusing more on data products to increase
U.S. economy slows in second quarter; weak business investment a red flag
[ad_1] WASHINGTON (Reuters) – U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which