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- BusinessReuters
Axiata, Sinar Mas closer to $3.5 billion telco merger in Indonesia, Bloomberg says
The companies plan to merge their Indonesian units, PT XL Axiata and PT Smartfren, and are currently discussing the structure of a deal which could involve a mix of cash and shares, Bloomberg News said on Thursday. A non-binding agreement may be reached in the coming months, allowing the companies to continue negotiations and carry out due diligence, the report said, adding that there was no guarantee that a deal would go through.
1 min read - BusinessBBC
Mining giant BHP proposes buyout of Anglo American
The UK-based mining giant Anglo American says it has received a takeover proposal from Australia's BHP.
2 min read - BusinessReuters
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows
Honor and Huawei were tied for the top spot, with Honor's market share rising to 17.1% and Huawei's share climbing to 17%, IDC said, while the iPhone maker's market share fell to 15.6%. The IDC declares a statistical tie when the difference between the share of revenue or shipments between two or more vendors is 0.1% or less. "Apple's price promotions in the quarter were unable to mitigate the impact of the intense competition from Android players," Arthur Guo, senior research analyst at IDC C
1 min read - WorldAFP
Blinken calls for US, China to manage differences
US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences "responsibly" as he went on a charm offensive ahead of expected tough talks.China has accused the United States of unfair economic coercion.
4 min read - BusinessSimply Wall St.
Amadeus FiRe First Quarter 2024 Earnings: EPS: €1.67 (vs €2.06 in 1Q 2023)
Amadeus FiRe ( ETR:AAD ) First Quarter 2024 Results Key Financial Results Revenue: €114.8m (up 3.4% from 1Q 2023). Net...
1 min read - BusinessReuters
Mercedes-Benz to launch luxury electric van for Chinese market
Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN.EA platform, the head of the carmaker's vans division told German magazine WirtschaftsWoche. Last year, Mercedes-Benz Vans sold a record 447,800 vehicles and achieved an adjusted return on sales of 15.1%.
1 min read - BusinessSimply Wall St.
Only Three Days Left To Cash In On Heineken Holding's (AMS:HEIO) Dividend
It looks like Heineken Holding N.V. ( AMS:HEIO ) is about to go ex-dividend in the next three days. The ex-dividend...
4 min read
