Sanlorenzo eyes valuation of up to 656 mln euros in IPO

MILAN — Italy’s Sanlorenzo said on Tuesday it would offer shares at between 16-19 euros each…

China establishes world’s largest shipbuilding group – state media

SHANGHAI — China on Tuesday formally established China Shipbuilding Group, which the country’s government-run broadcaster described…

U.S. securities regulator proposes new rules on use of derivatives in exchange traded funds

WASHINGTON — The U.S. securities regulator on Monday proposed new regulations for the use of derivatives…

Greece concludes early repayment of IMF loans

ATHENS — Greece concluded the early repayment of expensive loans from the International Monetary Fund, the…

‘Unfit’ Uber stripped of London licence after ‘pattern of failures’ on safety

LONDON — Uber was stripped of its London operating licence on Monday for the second time…

Altice Europe’s SFR FTTH unit to buy French company Covage for $1.1 bln

PARIS — Debt-ridden telecoms and cable company Altice Europe said on Monday its SFR FTTH unit…

BHP Plans to Increase Its Stake in Ecuador-Focused SolGold

(Bloomberg) — BHP Group, the world’s biggest miner, plans to increase its stake in SolGold Plc,…

Novartis to buy U.S. biotech The Medicines Co. for $9.7 bln

ZURICH — Novartis AG is buying U.S. biotechnology company The Medicines Co for about $ 9.7…

Amazon to open store on China’s Pinduoduo marketplace on Nov. 25 – source

SHANGHAI — Amazon.com Inc will open a store on Chinese e-commerce platform Pinduoduo on Monday, a…

Saudi Aramco markets IPO in Dubai after approaching Kuwait fund

DUBAI — Saudi Aramco met investors in Dubai on Sunday to market its initial public offering…