Sainsbury to Add Asda in $10 Billion Deal With Walmart
U.K. grocer J Sainsbury Plc plans to buy Walmart Inc.’s Asda in a 7.3 billion-pound ($10 billion) deal that would transform the country’sContinue Reading
Category: Business
Sprint and T-Mobile agree to combine in all-stock deal
NEW YORK (AP) — T-Mobile and Sprint announced Sunday that they reached an agreement to combine into a new companyContinue Reading
Sri Lanka, China begin construction of mega shopping mall in Colombo
COLOMBO, April 26 (Xinhua) — Sri Lanka and China, on Thursday launched the construction of a mega luxury mall complexContinue Reading
Billionaire Shahid Khan in an £800m offer to buy Wembley Stadium- Football Association
London (AFP) – The Football Association revealed on Thursday that they have received an offer to buy iconic Wembley stadium.Continue Reading
UAE’s Etisalat Agrees With Hutch Telecoms To Merge Operations In Sri Lanka
Sri Lanka Telcom giants Hutch and Etisalat have agreed to to merge their mobile telecommunications businesses in Sri Lanka. CK HutchisonContinue Reading
Nissan to Cut Hundreds of Jobs at UK Plant as Diesel Demand Slides
LONDON (Reuters) – Nissan will cut hundreds of jobs at its Sunderland plant, Britain’s biggest automotive factory, as it tacklesContinue Reading
Sri Lankan Rupee still in record low territories
(Reuters) – The Sri Lankan rupee inched up after touching a record low on Wednesday, with dollar demand from importersContinue Reading
Qatar’s $12bn bond deal tops that of rival Saudi Arabia
Qatar is selling its first dollar bonds in two years just as the region’s security risk rises with the prospectContinue Reading
Swiss Aviation Consulting (SAC) shows interest in Air India
(Reuters) – Aviation advisory firm Swiss Aviation Consulting (SAC) has shown interest in bidding for India’s debt burdened state-run carrierContinue Reading
NineWest Files for Bankruptcy in New York
Nine West Holdings Inc. filed for bankruptcy with a plan to sell some assets and reorganize others, after too muchContinue Reading
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