Sectors
Hannover Re plans to acquire minority stake in Heidelberger Leben
Hannover Re said it was in talks with Lloyd's Banking Group-owned Heidelberger Leben for a possible purchase of a minority stake.
Outage loses Amazon USD4.72million in revenue
An industry observer concluded that Amazon lost around USD5 million in revenue when the e-commerce site went down 1PM Pacific time today.
Baring Plans to Invest in Indian Software Firm Hexaware
Baring Private Equity Asia is planning to buy shares in Indian software company Hexaware Technologies.
Cairn Energy assures exploration in Africa and Ireland have more chances of success
Cairn Energy said its planned explorations in Northwest Africa and Ireland yielded up to 25% chance of success compared to its exploratory project in Greenland.
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Indonesia's two main state pension funds increased their stock purchases, which helped pare losses for Jakarta's battered share prices.
TT electronics said it intends to spend up to GBP 100 million for bolt-on acquisitions. UK-based electronics group TT electronics Plc revealed its plan to acquire bolt-on firms for its combined industrial sensing and control units.
The British government's 'Help to Buy' program increased Persimmon's spring sales.
The Straumann Group announced plans to purchase discount players in the dental implants market. Swiss-based dental implants maker Straumann Group said it plans to acquire rival companies that make low-cost brands.
Australian manufacturers underwent change in level of operations. The manufacturing industry was far from dead in the country down under. The face of the Australian manufacturing sector has been deemed not dead, just changing.
Bayer Healthcare said it received approval to market its cancer treatment Stivarga in Japan. Bayer Healthcare announced it had received regulatory approval to market its cancer drug Stivarga in Japan.
One of the largest South African buyout firms, Ethos Private Ltd, is planning to sell its stakes to Alexander Forbes, Africa's largest retirement-fund administrator.
Property developer Deutsche Wohnen launched an all-share bid worth USD 2.34 billion for competitor GSW Immobilien.
Fiat announced the renewal of its cooperation agreement with Brazilian bank Itau Unibanco. Fiat (acronym for Fabbrica Italiana Automobili Torino) renewed its commercial cooperation agreement with Itau Unibanco.
Trading saw Urban Outfitters with high earnings upon close Monday. In Monday's trading on NASDAQ, Urban Outfitters exhibited more than a modest show of profits.




