Brazilian energy firm Raizen, a joint venture between Cosan SA and Royal Dutch Shell PLC , has chosen four investment banks to manage its initial public offering, expected to be…
Category: Business
U.S. construction spending rises moderately in April
U.S. construction spending increased less than expected in April as gains in private homebuilding were blunted by losses in outlays on nonresidential structures and public projects. The Commerce Department said…
U.S. rapper A$AP Rocky backs Sweden’s Klarna
U.S. rapper A$AP Rocky has invested in Swedish 'buy-now, pay-later' firm Klarna, joining hip-hop legend Snoop Dogg and pop star Lady Gaga, Klarna said on Tuesday as it continues to…
American Tower sees newly-bought Telxius masts earning $280 mln in 2021
U.S.-based American Tower Corp said on Tuesday it expects the mobile phone masts it has just bought from Telefonica-owned unit Telxius to generate $280 million in property revenue across the…
Krispy Kreme revenue surges ahead of planned stock market listing
Krispy Kreme reported a jump in revenue for the first quarter of 2021 as the doughnut chain readies its return to the stock market after five years, against the backdrop…
Kyrgyzstan in full control of Kumtor gold mine as Centerra takes legal action
Kumtor, the largest foreign investment project in Kyrgyzstan, was operated by Centerra Gold until last month when Kyrgyz lawmakers passed a law giving the state power to temporarily take control…
Stellantis discussing conditions with Rome to build gigafactory in Italy
Stellantis, might pick Italy to build a new gigafactory in Europe, to support its expansion into electric mobility, as the carmaker is discussing conditions of the project with Rome, a…