LONDON (Reuters) – Royal Dutch Shell has launched the sale of its stakes in two oilfields and two pipelines in Norway, according to a sales document seen by Reuters. Shell is selling its 6.45% interest in the Kvitebjorn field and pipeline and its 3.225% interest in the Valemon Unit and Valemon Rich Gas Pipeline, according […]

BEIJING (Reuters) – Nasdaq-listed 360 Finance Inc (QFIN.O) may kick off its Hong Kong listing process as soon as December, two sources familiar with the matter said, as U.S.-listed Chinese firms pursue dual listings amid uncertain Sino-U.S. relations. The online-lending platform of billionaire Zhou Hongyi has held intensive internal talks on its dual listing plan, […]

BERLIN (Reuters) – ProSiebenSat.1 Media’s (PSMGn.DE) new CEO on Wednesday resisted calls for a European TV industry merger, saying cross-border consolidation would yield scant benefits and vowing the company would rebound from the coronavirus shock on its own. Rainer Beaujean, hired in March to run the German broadcaster after predecessor Max Conze’s pivot to digital […]

HONG KONG (Reuters) – Private equity investors are seeking Chinese companies to take private in the hope they can snap up bargains amid the coronavirus-related sell-off, but the banks that help find such deals are proving less keen to finance them. Interest in Chinese take-private deals is also rising along with tension between China and […]

(Reuters) – Royalty Pharma Plc said on Monday it is looking to raise up to $1.96 billion in an initial public offering, which would make it the biggest U.S. listing of the year so far. The company, which buys biopharmaceutical royalties and also helps fund new treatments, plans to list at a time the IPO […]

This is a fine time to be British. Indeed, to be proud to be British. You would not, to be sure, think so from this past week in London – as the House of Commons humiliated Prime Minister Theresa May by throwing out her plan for Brexit in Tuesday by 432 votes to 202 – […]

The focus of this essay is on Asean, the regional organisation. First, I want to find out whether Asean was prepared for the pandemic. Second, has Asean responded in a timely and effective manner to the pandemic? Third, did Asean try and coordinate its efforts with those of its dialogue partners? Fourth, was the doctrine […]

An intricately painted wall of art is intended to trigger a conversation — one that’s rooted in a dark past within the Indigenous community. Indigenous people are over-represented in Canadian prisons. John Howard Society (JHS) statistics show 38 per cent of those in the justice system are Indigenous. JHS staff recruited two artists to design […]

(Reuters) – Fund administrator Link Fund Solutions said it will sell up to 19 healthcare assets in the LF Equity Income fund formerly run by Neil Woodford for 223.9 million pounds ($284 million) to Acacia Research Corp as it seeks to recoup cash for investors. Link said on Friday the sale will enable it to […]

(Reuters) – Four dealmakers responsible for Carlyle Group Inc’s (CG.O) Sub-Saharan Africa Fund are leaving to launch their own firm, Carlyle said on Wednesday, in the latest private equity retreat from the continent. Carlyle will remain active in Africa with its other funds, including Carlyle International Energy Partners. But the Washington, D.C.-based firm said it […]